To ask what you think of this joint income?

You need to check that, the threshold changed, it's now 60-80k you pay a proportion ban if you earn between the two and don't get anything over 80k, that's adjusted net so salary minus pension. On those amounts you can claim it

How much do you get to save each month?

Yeah, I'm not really sure.
We haven't claimed it since it started being means tested. We're 95k on one salary (other person not earning much), so assume can't claim.

I see that the threshold changed for CB, it used to be £50k and you start paying tax and if you got to £60k you would effectively pay it all back so might as well opt out...
Now £60k is the first threshold, but I can't see at which point you'll "not get anything", I find the wording o gov.uk not clear. Can anyone tell me?

Actually confused as to how you get CB if that's post tax income?

1.6k left at the end of the month and your asking if it's enough 😂

I feel like this a humble brag thread, are you seriously suggesting that 7.5k a month for a family of 4 isn’t a lot? 🙄 let’s be real we are in a cost of living crisis thousands of people struggling to put food on the table and your asking if your very healthy salary is ok? Come off it.

As a net amount, it's good. Obviously it's not megabucks, but it's better than the take-home pay for the vast majority of households.

The fact you have no childcare bill and a reasonable sort of mortgage repayment (not small, not vast) means I imagine you're comfortable enough to have quite a few luxuries (e.g. a foreign holiday, days out, nice food, a couple of half decent cars etc.). But it's a long way from being able to splash the cash - especially if you're also saving for longer-term goals.

I'd put you in the "comfortably off but definitely not rich" category, if such a thing existed.

After tax etc and with no childcare costs it's fine, you both earn 60k-63k to maintain your child benefit. You aren't rich or poor, I'd describe you as a middle earner (we earn similar). I'd like to earn more though, although we are just fine as we are and current jobs are 100% wfh and minimal stress. I wouldn't take on a really stressful job that is office based even for a large jump in salary. My husband used to be a teacher earning around 10k more but he looked about 15 years older, his job literally sucked the life out of him. I'd only chase more money if I could stay working from home and I wasn't stressed/overworked. Life is too short!

Then probably comfortable but not flush

Depends on how your income is split and is likely to change in the future. if one person earns the majority of that then it leaves them with very little flexibility to go part time, take an unpaid career break etc. if the split is roughly equal, that's a much more stable financial position. It's also important to consider what other assets you have.

Yeah, never thought it seemed at all fair to single parents.

Previous Governments have said it would cost too much to means test it but I really can't see how.

Erm, if you're getting that after tax and pensions I'm fairly sure you shouldn't be claiming child benefit

A big house, 2 expensive car loans, childcare, two foreign holidays per year and you are doing worse than me. I live in a flat

Well that’s a fair bit more than DH and I have between us and we feel very comfortable. I’m surprised you still get CB because ours stopped at much lower when only DH was working. I suppose you must earn about equally and both be just under the 40% tax threshold. Seems like a very healthy income to me.

Not sure what the OP is wanting from this post?

This is a silly post. You know it's more than most as the average salarys are way lower. I earn a piss poor wage but work tto and part time and get to drop off and pick up my kids everyday. More important than money imo. Partner in a trade and earns a decent wage. Our mortgage is very cheap too which makes all the difference. There's no point in these threads because some people can live well on not a lot and some need loads of money to keep up with the Jones.

Threads like these are why I feel so frustrated when people assume everyone on a low income gets 'top up's and are 'subsidised by high earners'. Our income is a lot less than the OPs (33k a year after tax) and we get the exactly the same benefits as they do (in fact if they have more children they actually get more).

I appreciate the OP's household will pay more in tax and there is an argument that higher earners need to feel they are getting something back so I am aware of that.

Ffs, it’s a massive monthly income.
Try living on a nurses salary then come back and ask if it’s enough.

Both on 79,999? They will pay tax on the CB but still receive it if both under £80k.

I really don’t run the benefits system. Maybe start a petition with the government 🤔

@Whattodo1610

care to explain how they earn nearly 8 grand a month and still get child benefit?

What fraud is she committing exactly? 😆😆😆

OP should be reported for fraud

sponging off taxpayers while earning loads