What is your household income, how much is benefits, and how are you coping?

Particularly in the south east. I’m on 65k in the north, my salary would be 80k odd in London. Degree, MSc, professional quals and several years of relevant experience.

Savings, not assets. A house you own and live in isn’t considered an asset.
You seem angry at me for being disabled through no fault of my own? Believe me, I’d love to go back to my previous career and 6 figure salary but hey ho, life’s shit.

Lots of senior jobs pay this much. CEOs, consultants, senior managers, lots of lawyers pulling this and more, lots of finance jobs.

Our essential fixed expenses are only about £800 a month we pay around £300 per month for groceries then a further £300 on meals out and the pub. We are currently saving about £4000 a month but dh retires this year

Relative to the average income of the country, it is high.
She also has high expenditure (which was her choice to make), leaving her penny pinching and asking how others are coping.

Are you actually saying a 90K household income is low?

How is a joint income of 90k considered high - OP has clearly broken down her expenditure. She does not have any luxuries on here - high ish income but also lots of expenditures - 1k on childcare.

The same people who are supporting a 3k benefits a month on another thread will be bashing the OP on here! Mumsnet never disappoints

OP - I get what you mean!

It’s not. I have a mortgage, I bought my house many years before my accident. I pay this from my benefits myself.

I'm on £74k. DH is self employed and makes between £40-85k a year. So say our household income is about £140k.

No kids. No benefits.

A mortgage of only £500 per month, thank god! £330 per month council tax though!

Our mortgage and bills come to around £1,500 a month.

We're obviously very financially comfortable. If we get a big bill, we can pay it without concern. We pay for large holidays from our current accounts without having to use savings. But our lifestyle looks dead ordinary from the outside. No flashy cars for instance (I drive a 12- year old piece of crap I paid £2k for).

Same here OP, comparing my parent's quality of life when they were my age (I ended doing the same job as my dad for different reasons) and our quality of life now is disheartening.

Your circumstances will definitely improve once you stop paying child care. Mortage rates are also going down so you may be able to get a better deal on renewal.

I'm trying not to sound too negative but I think everyone's quality of living has dropped significantly over the last 20 years. Real wages have not kept pace with inflation. 90K sounds like a lot but its actually worth around 45K back before 2008 crash.

So really we (I'm in the same bracket) have no very spectacular wages and probably can't live the iconic middle class life John Lewis tries to sell us 😩

NB: I love John Lewis but I can't afford that stuff. I literally just go in to browse and then wonder who buys there at full price...😂

Just under £4000 per month. Own house so have to pay mortgage from this. Made up of PIP, DLA for children and UC

I am just stunned when I read about incomes of that level, what does someone do to earn that amount of money? That is significantly more that the PM! I don't know anyone who earns anywhere close to that even couples who combine both salaries.

There is somewhere. ONS or IFS websites maybe? It takes into account your income less your expenses, and 4 children are assumed to be expensive.

160k combined income (DH full time, me part time).

Approx 9k a month after tax, no mortgage, £800 ish for nursery (will increase in Sept when DC2 starts & we will also have before and after school clubs) about £400 for groceries, £320 for council tax, £120 gas/elec/water, £200 for phones, TV & internet.

We eat out a fair bit and like our holidays, but we’re frugal with things like cars and clothes. Probably save about 4 - 4.5k per month on average.

@Angrymum22 good post. We have private school fees that we didn’t plan for our SEN child who was so distraught by state school violence that if was private or me stopping work to home school. High unexpected cost. I cheer myself up with the thought that’s it’s the same cost as having a child in a London nursery. And we had no choice whatsoever. I am grateful for the privilege of having the money to protect my child’s mental health like that.

Despised Boomer here who has not had the decency to die yet. I have £1.5k a month made up of my state pension and a small NHS pension, I still pay income tax but my mortgage is paid off. I worked two jobs as a single parent to manage so please don't hate me. I pay £130 a month council tax on my Band A house, £54 water, £130 gas and electricity, about £120 on food though I am finding my bill rises all the time, house insurance and Broadband have just gone up again, shopping around makes minimal difference as it is all much of muchness these days. Holidays are unaffordable and I now socialise far less as it all costs so much. Glad I am old and at the end of my life as there doesn't seem to be any light on the horizon. I had not envisaged my retirement being like this, but the COL hit just after I stopped working. Am loathe to touch my savings for day to day living but can see that happening soon. I feel very worried for young people as things are so tough

Take home earnings are £1.5k per month. Single mum to two I am still supporting so CB for them. Managing bills ok but no luxuries or assets.

Where do you get that stat from? I am not disputing btw, just interested how you know, is there a website?

Household income is just shy of £200K. I haven’t gone back to work after (still a toddler) DC, or it would be higher. No benefits, obviously.

We’re fine. We live in an expensive bit of London and have a high mortgage/high living costs, so aren’t exactly swimming in it. But, we can afford to do what we want, when we want and have a decent investment portfolio and good pensions.

I’m never sure whether to post on threads like this, as I’m not sure if anyone finds the above helpful.

She answered the question.

Seems you’ve got reasons for living above your means in every area. I don’t see the purpose of this post.

This!
And you’ll be accustomed to it so you will be able to put a decent wedge of it away in savings 😊