Please or to access all these features

AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

To think it’s crazy that National Minimum wage is £27k

663 replies

Butterflyfluff · 09/10/2026 20:08

Yet it’s not really enough to live on 😢

My first job paid £7.5k per year and I thought I was loaded! And I’m not ancient.

Now 2 people on NMW earn over £50k between them yet it’s really not enough these days.

OP posts:
Boreded · 13/10/2026 13:20

Differentforgirls · 13/10/2026 13:06

Unless you post the source.

There you go…

  1. £27,000 vs £53,000 — Institute for Fiscal Studies (IFS), The economic circumstances of different generations (2016). _https://ifs.org.uk/publications/economic-circumstances-different-generations-latest-picture_
  2. 20 percentage-point decline in homeownership — Resolution Foundation, An intergenerational audit for the UK (2023). _https://www.resolutionfoundation.org/publications/an-intergenerational-audit-for-the-uk-2023/_
  3. 55% vs 20% increase in public spending — Intergenerational Foundation, A Growing Divide. _https://if.org.uk/research/a-growing-divide-two-decades-of-intergenerational-unfairness-2/_
  4. £31,000 vs £18,000 government spending — Same Intergenerational Foundation report. _https://if.org.uk/research/a-growing-divide-two-decades-of-intergenerational-unfairness-2/_
  5. Pensioner poverty 28% → 16% — Same Intergenerational Foundation report. _https://if.org.uk/research/a-growing-divide-two-decades-of-intergenerational-unfairness-2/_

Enjoy 👍

An intergenerational audit for the UK • Resolution Foundation

https://www.resolutionfoundation.org/publications/an-intergenerational-audit-for-the-uk-2023/

Boreded · 13/10/2026 13:17

Differentforgirls · 13/10/2026 12:21

Yes I know. We had one. Don't be so patronising by the way.

Almost, but actually what you were seeing there was condescension.

This…is being patronising.

Differentforgirls · 13/10/2026 13:06

Unless you post the source.

Differentforgirls · 13/10/2026 13:05

Boreded · 13/10/2026 13:04

I keep sending you stuff about the UK actually. You don’t actually believe that Scotland is any different surely 😂

Here are some uk stats for you though:

Wealth — millennials vs previous generations

  • £27,000 vs £53,000: Early millennials had median household wealth of £27,000 per adult in their early thirties, compared with £53,000 for people born in the 1970s at the same age.
  • 20 percentage points: UK homeownership among households headed by 30–34-year-olds fell by more than 20 percentage points between 1986 and 2021.
  • 55% vs 20%: Real public spending per pensioner increased 55% between 2004–05 and 2023–24, compared with 20% per child.
  • £31,000 vs £18,000: Total annual government spending per pensioner was £31,000 in 2023–24, compared with £18,000 per child. This includes age-related services, not just cash benefits.
  • 28% → 16%: Pensioner poverty fell from 28% in 1995 to 16% in 2023, while child poverty remained around 30%.

Sorry. Not reading it.

Boreded · 13/10/2026 13:04

Differentforgirls · 13/10/2026 12:57

You keep sending me English stuff which has nothing to do with anything as we don't live there.

I keep sending you stuff about the UK actually. You don’t actually believe that Scotland is any different surely 😂

Here are some uk stats for you though:

Wealth — millennials vs previous generations

  • £27,000 vs £53,000: Early millennials had median household wealth of £27,000 per adult in their early thirties, compared with £53,000 for people born in the 1970s at the same age.
  • 20 percentage points: UK homeownership among households headed by 30–34-year-olds fell by more than 20 percentage points between 1986 and 2021.
  • 55% vs 20%: Real public spending per pensioner increased 55% between 2004–05 and 2023–24, compared with 20% per child.
  • £31,000 vs £18,000: Total annual government spending per pensioner was £31,000 in 2023–24, compared with £18,000 per child. This includes age-related services, not just cash benefits.
  • 28% → 16%: Pensioner poverty fell from 28% in 1995 to 16% in 2023, while child poverty remained around 30%.
Differentforgirls · 13/10/2026 13:03

Boreded · 13/10/2026 13:02

What a bizarre, childish, and actually quite rude response. Mumsnet is for everyone.

It's not rude. If you have taken offence, that's on you. I just posted MY reality.

Boreded · 13/10/2026 13:02

Differentforgirls · 13/10/2026 12:58

Honestly? My children would wonder why someone their age was on mumsnet.

What a bizarre, childish, and actually quite rude response. Mumsnet is for everyone.

Boreded · 13/10/2026 13:01

rainingsnoring · 13/10/2026 12:09

I'm really struggling to believe this. I can't recall seeing people in their later years on the streets. Boomers are 60-80 now. That is not the age group that are on the streets. There are lots of officially homeless families though (in temporary accommodation) and lots of people in their 20s-40s approx on the streets.
It may be different in the US but not in the UK.

And they’d die younger so being on the streets at that age isn’t exactly what you’d see much of is it.

But this is just the new stance being taken since they can’t argue about pensions given the overwhelming evidence that’s available.

Differentforgirls · 13/10/2026 13:00

FirmSnake · 13/10/2026 12:59

So only you can talk about age? Noted.

Good, strange though.

FirmSnake · 13/10/2026 12:59

Differentforgirls · 13/10/2026 12:46

I am not going to argue with you about people who are in dire poverty. Does it bloody matter what age they are?

You're talking about them as if they are specimens in a Petri dish.

So only you can talk about age? Noted.

Differentforgirls · 13/10/2026 12:58

Differentforgirls · 13/10/2026 12:57

You keep sending me English stuff which has nothing to do with anything as we don't live there.

Honestly? My children would wonder why someone their age was on mumsnet.

Differentforgirls · 13/10/2026 12:57

Boreded · 13/10/2026 12:53

I’m not talking about my own personal experience…do you read my responses before replying?

I’ve repeatedly told you that the evidence is available, I’ve provided you with website links, suggested you google it to educate yourself, and yet you continue to disagree without actually ever looking and considering things around you.

You can argue until you are blue in the face that the grass is yellow because it is scorched in your part of the world, but it doesn’t change the fact that it is green everywhere else.

But like I said, you could even ask your children and they’ll tell you that I’m right.

You keep sending me English stuff which has nothing to do with anything as we don't live there.

Boreded · 13/10/2026 12:55

rainingsnoring · 13/10/2026 10:26

If that is true, it doesn't actually prove anything. It's just an anecdote.
On a population level, Millennials are far less financially advantaged that their parents.

Can I ask how you are attempting to compare your wealth with your children's at a comparable age? Are you comparing the percentile you think you were in vs the percentile you think they are in on a population level? Are you comparing incomes, not wealth? Have they acquired this 'wealth' via their incomes alone or have they already benefitted from parental/other family gifts/inheritance?
It's really unclear when people make these sort of statements.

This…

Boreded · 13/10/2026 12:53

Differentforgirls · 13/10/2026 10:24

They'll say what I've said. You also have limited experience.

I’m not talking about my own personal experience…do you read my responses before replying?

I’ve repeatedly told you that the evidence is available, I’ve provided you with website links, suggested you google it to educate yourself, and yet you continue to disagree without actually ever looking and considering things around you.

You can argue until you are blue in the face that the grass is yellow because it is scorched in your part of the world, but it doesn’t change the fact that it is green everywhere else.

But like I said, you could even ask your children and they’ll tell you that I’m right.

BIossomtoes · 13/10/2026 12:48

FirmSnake · 13/10/2026 12:40

Average age of street homelessness in glasgow is 38... so no. It is older in Cambridge, but borderline of genx/millennial rather than boomer. Perception is an interesting thing.

Is that evidence based or opinion?

Differentforgirls · 13/10/2026 12:46

I am not going to argue with you about people who are in dire poverty. Does it bloody matter what age they are?

You're talking about them as if they are specimens in a Petri dish.

FirmSnake · 13/10/2026 12:40

Differentforgirls · 13/10/2026 12:29

Same in Glasgow!

Average age of street homelessness in glasgow is 38... so no. It is older in Cambridge, but borderline of genx/millennial rather than boomer. Perception is an interesting thing.

Differentforgirls · 13/10/2026 12:29

BIossomtoes · 13/10/2026 12:13

It is in Cambridge. There are lots of old alcoholics on the streets. Have been for years. It may be because the city has a reputation for being relatively hospitable to homeless people, there’s a long established charity for homeless men there.

Same in Glasgow!

Differentforgirls · 13/10/2026 12:28

rainingsnoring · 13/10/2026 12:26

If you know that mortgage=debt, not wealth, why are you trying to pretend that all your children and all their friends are so wealthy? It's not actually true.

I never said they are "wealthy", I said they are millennials who all have good incomes.

rainingsnoring · 13/10/2026 12:26

Differentforgirls · 13/10/2026 12:21

Yes I know. We had one. Don't be so patronising by the way.

If you know that mortgage=debt, not wealth, why are you trying to pretend that all your children and all their friends are so wealthy? It's not actually true.

rainingsnoring · 13/10/2026 12:24

BIossomtoes · 13/10/2026 12:13

It is in Cambridge. There are lots of old alcoholics on the streets. Have been for years. It may be because the city has a reputation for being relatively hospitable to homeless people, there’s a long established charity for homeless men there.

I don't recall lost of elderly alcoholics on the streets when I lived and worked in Cambridge. The elderly are generally housed, as are pregnant women and children, at least in temporary accommodation. Therefore, statistically, it is mainly Gen Z and Millennials on the streets.

Differentforgirls · 13/10/2026 12:22

FirmSnake · 13/10/2026 10:48

Are none of the homeless people you see malnourished and wearing rags millenials then?

Probably but then it's been a few years since I volunteered with a homeless charity.

Differentforgirls · 13/10/2026 12:21

rainingsnoring · 13/10/2026 12:11

Again, you seem to be equating 'great salaries' with wealth and taking on a massive debt (a mortgage) with owning a home.
Neither are correct.
Jobs can be lost overnight. Mortgages are debt.

Yes I know. We had one. Don't be so patronising by the way.

BIossomtoes · 13/10/2026 12:13

rainingsnoring · 13/10/2026 12:09

I'm really struggling to believe this. I can't recall seeing people in their later years on the streets. Boomers are 60-80 now. That is not the age group that are on the streets. There are lots of officially homeless families though (in temporary accommodation) and lots of people in their 20s-40s approx on the streets.
It may be different in the US but not in the UK.

It is in Cambridge. There are lots of old alcoholics on the streets. Have been for years. It may be because the city has a reputation for being relatively hospitable to homeless people, there’s a long established charity for homeless men there.

rainingsnoring · 13/10/2026 12:11

Differentforgirls · 13/10/2026 09:47

No not private school. We were both wc. Your problem is that you want all millenniums to be poorer than their parents and mine and all their friends are on
great salaries and own their homes.

Again, you seem to be equating 'great salaries' with wealth and taking on a massive debt (a mortgage) with owning a home.
Neither are correct.
Jobs can be lost overnight. Mortgages are debt.

Swipe left for the next trending thread