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AIBU?

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Original poster

"We're on good money"

134 replies

FunionsRFun · 28/01/2024 09:44

When a poster says they are on good money or a good salary, what figure comes into your head? For me it's £70k for an individual, and £100k for a household.
For what it's worth I am not on good money!

OP posts:
Wadermellone · 28/01/2024 09:55

I can never tell. I usually ask if it’s relevant to the discussion.

I live in a fairly poor area. The entry level admins at my company are on 28k. It’s good money for here. House prices are still low. At 4.5 multiple you could buy many houses or nice flats on your own without a partner.

PonyPatter44 · 28/01/2024 09:54

It's absolutely relative to outgoings. Our household income is just shy of 80k, which feels high to me. We have a small mortgage and fairly small running costs, so we are quite comfortable. If we were younger, trying to live in Zone 4, had kids in childcare, high commuting costs and a massive mortgage....I think we'd be very stretched.

EveryoneEnviesMeEverywhere · 28/01/2024 09:54

I've heard people brag about being on so-called good money but don't have anyhting to show for it, EG, possibly still livng in a rented place, hire purchase car that is nothing special and banging on about cost of living

Earning "good money" is only part of life, looking after it and spending it well is another. The nuber of times I've seen jokers lose everything as soon as they lose a job/etc

cariadlet · 28/01/2024 09:54

I'm on just over £40k and think that I'm on good money. I earn more than most of my friends.

Janedoe82 · 28/01/2024 09:52

Think it varies and is relative to outgoings.

literalviolence · 28/01/2024 09:51

Yes relative to outgoings. Could be anything from 40k upwards.

CaineRaine · 28/01/2024 09:48

To me it’s relative to their outgoings. I take it to mean they can live a comfortable life and still meet all their financial commitments.

Toottooot · 28/01/2024 09:47

As it’s on here it must be 7 figures plus - when in reality they probs earn 30k.

JengaNonConfirming · 28/01/2024 09:46

I'm on around 48k and I personally think it's very good money.