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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

Household income. Where are you?

416 replies

chonka901 · 26/01/2025 11:43

https://ifs.org.uk/toolsanddresources/wheredooyoufitt_in

Using this link and putting in everything joint net income ,including child benefit and maintenance which I think it takes into account. It has us at 73 percent. Not a stealth boast before any states that. Genuinely surprised.

I certainly don't feel like this but appreciate people survive on less. It doesn't take into account mortgages, rent, generational wealth, inheritance, childcare etc so is a guide.

It is eye opening though.

I feel poor compared to my friends though. We definitely are not the London elite. Just public sector workers in the North. I guess the maintenance helps. My friends must be in the top 20 percent.

OP posts:
popandchoc · 26/01/2025 12:44

68% and 61% when including housing costs. Surprised i am nearer the top when i am a single parent family and certainly don't feel well off.

Janedoe82 · 26/01/2025 12:44

94 %. Comfortable but not rich.

shuggles · 26/01/2025 12:44

@Scirocco My SUV got me safely to work through a red weather warning where smaller cars couldn't get through, so I think I'll keep it and consider it a net social benefit as it meant our unit had a consultant available to stop people dying.

Owning an ugly SUV just in case a once-in-25-year storm happens is a bizarre rationale for owning such a vehicle.

First, if a tree falls on your ugly SUV, you likely wouldn't survive anyway.

Second, I have no idea what you mean when you say "smaller cars couldn't get through." If a road is blocked, it is blocked. It is not as smaller cars are unable to drive on the same roads that ugly SUVs drive on.

Third, I am slightly concerned that a consultant would not have the foresight and common sense to book nearby accomodation, or stay overnight in the hospital to avoid travelling during the storm, which is what I would have done if I had been required to work during the storm.

Hurrayakitten · 26/01/2025 12:43

36% which seems decent but both teens have complex special needs and there are a lot of extra costs for that so we do really struggle (but are too well off for UC).

Unpaidviewer · 26/01/2025 12:42

I recently gave up work so I'm surprised that we got such a high percentage on one wage. We do feel well off. Both from poorer backgrounds, haven't given in to lifestyle creep (although our grocery budget is far higher than I'd like), and we are quite frugal.

Wakeywake · 26/01/2025 12:41

The only thing to take home from that calculator is that getting rid of the children will make us rich.

HollyKnight · 26/01/2025 12:39

Yeah, that's a stupid calculator. For one it asks about council tax amount when not all of the UK uses the council tax system. So how can it measure "UK income distribution" when the calulator doesn't apply to all of the UK.

shuggles · 26/01/2025 12:38

@littleluncheon It's so weird though isn't it? Having large outgoings doesn't mean your income is less 😂

Indeed. Which shows that there isn't really a positive correlation between intelligence and income.

My kids won't be going to uni unless they can live at home (in a bedroom shared with a sibling) and work part time.

I hope your children do well at university if they go. If they need more space for studying, universities have libraries with lots of space and computers. Ear plugs are a god send for studying too.

Scirocco · 26/01/2025 12:38

shuggles · 26/01/2025 12:28

I am in a financially more fortunate position than 68% of the population.

For all wealthy mumsnetters who are landing in the top 90% (or even top 95%) and saying they don't feel it- try getting rid of that ugly SUV.

Edited

My SUV got me safely to work through a red weather warning where smaller cars couldn't get through, so I think I'll keep it and consider it a net social benefit as it meant our unit had a consultant available to stop people dying.

Msmoonpie · 26/01/2025 12:38

I am better off than 92%.

Sunfle adult household and no kids. Live in the north east.

Notgoodatpoetrybutgreatatlit · 26/01/2025 12:38

There must be some very rich people in the UK screwing with this scale.

ToBeOrNotToBee · 26/01/2025 12:37

I'm doing better than 62% of people apparently.
I'm broke. Mid 30s. Single income. All bills are on me.

How on earth do the rest get by?

Anniedash · 26/01/2025 12:37

ilovesooty · 26/01/2025 12:08

You could just answer the question instead of going on your customary rant.

Glad you pay so much attention. You might learn something.

TwinklyRoseTurtle · 26/01/2025 12:37

90% very surprised at that, whilst I’m comfortable I’m not
as comfortable as I would like to be

PandoraFrontier · 26/01/2025 12:36

92%

shuggles · 26/01/2025 12:36

VonHally · 26/01/2025 12:14

I get what you're saying, but to me disposable income is after all expenses necessary for YOUR lifestyle and needs. That would include bills, cars, whatever. The leftovers after all those necessities for YOU is your disposable income. The fun money 😊

That makes sense for essential things, like any bills related to medical treatment for example.

But if it comes to housing, for example, why do you think your lifestyle needs are different than anyone elses? For example, why should it not be taken into consideration that one person may be spending all of their money on a luxury home, whereas someone else may be living in a small 2 bedroom house that is falling apart?

How can it be said that the person living in the 2 bedroom house does not have the same "lifestyle and needs" as the person living in the luxury home? Are we thinking that they don't need a better home because they are less of a person?

I would think that if someone is spending a lot of money on a luxury home, then it would be absolutely wrong to try to claim that that person is financially struggling. They have made a choice to pay that money for that home. If they want more disposable income, then they should choose to live more modestly like everyone else.

littleluncheon · 26/01/2025 12:36

shuggles · 26/01/2025 12:31

@littleluncheon Why would paying for expensive things make you less well off?

It's mumsnet-math. They incorrectly believe they are struggling because they have no money left after buying a bunch of things that they wouldn't otherwise have if they weren't on high salaries to begin with.

"I have no money left at the end of the month after paying for my ugly SUV, my subscriptions, my 2nd holiday this year, my expensive home, and my children's private education."

It's so weird though isn't it?
Having large outgoings doesn't mean your income is less 😂
It just means you spend your money on lots of nice expensive things!
If you had an average income you just wouldn't have a big mortgage on a house in an expensive area, you wouldn't financially support adult children at university.
My kids won't be going to uni unless they can live at home (in a bedroom shared with a sibling) and work part time.

Whotenanny · 26/01/2025 12:35

97% here. I'm not a lady who lunches but I a mother that frequents the coffee shop.

User2123 · 26/01/2025 12:34

55%. But I don't really understand what it's calculating, if I take out the DC it puts us at 85%. I don't believe almost 50% of the population are better off than us just because we have children

Dryerjanuary · 26/01/2025 12:32

We are retired. Much of our income comes from savings, so his doesn’t work for us as we only take what we need each month.

Andoutcomethewolves · 26/01/2025 12:32

96%

Doesn't account for housing costs and the fact I need to commute a long distance and stay in hotels all week though...

sanityisamyth · 26/01/2025 12:31

You have a higher after housing cost income than around 5% of the population

Explains why I always feel skint!

TragicTess · 26/01/2025 12:31

Either 91% or 67% - depends on declaring that we are supporting 2 children at university/apprenticeship. Suppose at 91% we can afford to do that

shuggles · 26/01/2025 12:31

@littleluncheon Why would paying for expensive things make you less well off?

It's mumsnet-math. They incorrectly believe they are struggling because they have no money left after buying a bunch of things that they wouldn't otherwise have if they weren't on high salaries to begin with.

"I have no money left at the end of the month after paying for my ugly SUV, my subscriptions, my 2nd holiday this year, my expensive home, and my children's private education."

TheNinny · 26/01/2025 12:30

88% though we certainly don’t feel or live high end by any stretch. We do have a cheap mortgage and only 1 child so maybe that affects it