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What do you class as a good healthy wage

12 replies

daisysun · 18/05/2021 21:43

What do you class as a very healthy liveable wage. Where you can pay all bills and savings comfortably etc and still have a good amount left over each month for days out, restaurants etc. When I was younger and more naive I always thought this to be around the £30k mark but now in reality I think it'd be a lot more. Would love to hear your thoughts.

OP posts:
Mustardbay · 18/05/2021 21:46

I'd say 30-35k if you're not in London, both parents are working and childcare not ridiculous.

Dugee · 18/05/2021 21:48

It depends on a lot of things. What's your housing situation? Employer pension contribution? As pp said, also where you live. London is the most expensive but housing can be expensive in other parts of the country too.

Feelinglow8736 · 18/05/2021 21:50

Anything over 30k. What do you think op?

midlifecrash · 18/05/2021 22:23

"A few grand more than I'm on", is what most people estimate, I think

Saz12 · 18/05/2021 22:38

Obviously depends on if single-adult household, how many dependents (and their ages!), etc. Household net income £60k with 2 primary-age dependents is pretty comfortably off, IMO. But could live on less. A single parent (so only one adult paying all bills) with 2 DC would be nearer £40k.
But that’s enough to have good savings, holidays, run a car, eat out, days out.

MistySkiesAfterRain · 18/05/2021 22:40

One that is a bit more than I currently earn, always. Funny that.

Aroundtheworldin80moves · 18/05/2021 22:43

Depends on outgoings, especially childcare and rent/mortgage.

We are comfortable. Not luxurious, but comfortable. But live in Yorkshire. Same income in London... Not the same lifestyle.

ShirleyPhallus · 18/05/2021 22:44

When I was 21 then £25k seemed an absolute fortune

Now I’m not 21 and on significantly more than £25k and I don’t feel like I have more disposable income. Because my mortgage is higher, childcare costs, car etc etc

All relative innit

Babyroobs · 18/05/2021 22:53

I'd be happy with 30k. I earn no where near that but I would feel comfortable earning this amount and it would enable me to save.

LawnFever · 18/05/2021 22:56

Depends on too many factors to just say a figure, where in the country you live, whether you rent/own your home, kids, whether you have a partner or you’re single - basically it’s impossible to say X amount is fine because everyone’s situation is different

merryhouse · 18/05/2021 23:02

Well, in the last few years before H was made redundant we were spending approximately 30k annually.

We had two teenagers and had paid off our mortgage. No private school, holidays within UK but sometimes quite expensive ones (I remember a £3k hotel bill...). Some extra-c activities. Gym, meals out occasionally.

So add whatever a mortgage is to 30k, add a bit for savings, and that's your nice easy figure for bringing up 2 kids. Grin

JackieWeaverFever · 18/05/2021 23:08

30k not in London with no mortgage would be great. For 50k you would live like a king.

After pensions and savings we have 5.5k take home.
our mortgage is big and leaves 2.8k pm month for bills, food, holidays and what not.
This pays for absolutely everything for two and while we like nice things we consider purchases carefully and we live very well frankly.

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