What is your family's monthly take home money?

[reefqueen]

So following on from a popular thread about what us women earn, I am genuinely interested in how much net income families bring in each month?

This is not talked about in real life but I think it is so interesting and I am nosy

So how much money does your household bring in each month? Is it from work or benefits or both? And where in the uk are you?

I'll start:
Me, DH, 2x DC, South East. Money in each month is £3,900. This includes 2 salaries and child benefit.

Single parent, I have a full time job and a part time one. Total take home approx £2400 but this also takes into account a salary sacrifice for my lease car

About £9k a month after tax and pension contributions, excluding bonus. Will go up to £10k a month in Jan.
Live in SE, we both work in London, me 4 days in the City and DH in public sector. I earn significantly more for my 4 days than Dh does for his 5. I’m a lawyer.
3 kids, 2 sets of private school fees and a nanny. Mortgage is about £1450 a month.

@fairgroundsnack

People will look at your take home and think wow, huge amount!!

But others will know.
SE housing
Two children at private schools (£1700 a month? Conservative estimates)
Commute (£700 a month?)
Nanny (£1200 a month?)

I can't stand it when people say they aren't really wealthy because they paying for private education and a nanny. Private schools are a luxury. A nanny is a luxury. You don't need them. You want them. The latter probably makes doing your very highly paid job possible but still isn't a necessity- there are other jobs you could do. Anyone who can afford private school fees, a nanny and a mortgage in an expensive area is on a very good income and doesn't get to pretend otherwise because they choose to splurge most of that income on lifestyle choices.

But workreturner it is a lot (though I appreciate that half the reason for your comment is to show how in the know you are about the demands of being wealthy ).

Plenty of people work super demanding, yet relatively low paid jobs and can't have a nanny and private schools let alone a cleaner or gardener etc. Yes, adding those things increases your outgoings but it doesn't make you less 'rich' or mean it's any less an extortionate amount to take home each month. Being able to choose to have those big outgoings is a result of taking home so much, they don't diminish it.

Paramedics, nurses, firefighters, police, social workers etc etc all work huge hours, usually with a lot of unpaid overtime but will take home much less money. Those jobs are just as stressful with a ton of responsibility yet without the pay to enable them to make choices that ease the load elsewhere. The attitude on this thread that people who earn this much somehow still aren't rich because 'they need to buy extra help dontcha know' is really quite sickening.

Also on MN living in SE seems to be seen as somehow impossible on less than 100k. Newsflash: people on minimum wage also live in the SE, people on benefits too. Why people write "but I live SE" and everyone nods sagely is also bizarre. Yes housing is more expensive (don't I bloody know it) but it's not peopled entirely by executives with bonuses. Jesus.

I afraid that anyone who thinks £9k net monthly household isn't a lot of money needs to take a real long look at themselves and give their heads a bit of a wobble while they slowly realise that they are 99% better off than everyone else in the country.

Head. Wall. Bang.

Seems like so many in this thread want a communist state, with very little understanding of what that actually means.

Essentially they feel hard done by, pissed off and jealous. I sympathise but often degenerates in to barbed comments

I'm not jealous beyond normal jealousy that it would be great to have 9k a month! I don't want a communist state ffs. I just don't like it when people who earn that much try and claim it's not much really.

They invariably acknowledge it’s a lot per se
But given their outgoings (high mortgage / private schooling / nanny etc), it doesn’t feel A lot

I don’t want a communist state either. At all. The UK is a very unequal society however - and this thread has been a real eye opener.

often degenerates in to barbed comments

Such as ‘how do you qualify for PIP when you........?”

Pot, kettle, black

From a single parent nurse to anyone feeling skint.

It's all relative.

You can have two families living on the same street, with the same monthly income but both have very different qualities of life.

You can be a 9k monthly income home and consider yourself skint or be in a 3k or less income home and feel and have a better quality of life.

It all depends on your mindset and how good you are managing your finances.

If your not good with finances....research, learn, read up

@SweetSummerchild

I am a single mother with health issues told that I may be entitled to PiP

I asked a genuine question

You’re seeing shadows where, in this case, there aren’t any

@workreturner yes but it doesn't "feel" like a lot because of choices they made. It's not about being jealous, it's about people who claim they know what it's like to be skint and that they "don't feel well off" when in fact they have high incomes but chose lifestyle choices that cost more. That is not skint. Again I will reiterate, private schooling and the like is a choice and if you can afford that then yes you are well off.

£766.93
Child benefit.
DLA
Carers allowance.

Bank of mum and dad and some maintenance keeps us living a good life.

After tax, approximately £6k. I would not consider ourselves well off at all as we struggle to cover all of our outgoings. Incredibly depressing.

^we are paying off a lot of debt and have a massive mortgage (Berkshire)

I would not consider ourselves well off at all as we struggle to cover all of our outgoings. Incredibly depressing.
snip....have a massive mortgage

You struggle because you chose to buy a home that you can't afford.

Could you downsize?

We bought our home when we had two successful businesses. However, the recession hit us hard. We have to stay in this house for a number of reasons. We just about manage, so we accept it for what it is. It's not as bad as it once was.

@neew but why take out a huge mortgage if it means you will struggle?

I'm genuinely interested. I'm a low earner and currently saving for a mortgage, I will be taking out the lowest possible one that I can as I want to be able to have some money left at the end of the month to enjoy myself occasionally. I can't see the logic in stretching yourself so much!

£3890 one part time, one full time, CHB and rental income.

Two adults two kids in the North East, it’s more than enough to be comfortable when the mortgage is £550pm.

Ah x post, sorry!

We earn enough to not have to think too carefully about how we spend it when we want to do something, and we can afford to make choices on what to spend it on (such as school fees for DD) without penny pinching elsewhere.

It is of course relative. I wouldn't spend money on an expensive high end car in a million years. I have friends who wouldn't dream of not driving one. I would spend ££ on a decent holiday - my definition of "decent" might be different to others who perhaps would spend less or more.

None of your business, but nothing like as much as many of the replies on here.

However we are older and have no mortgage, live in Yorkshire and have lower outgoings than many posters, so we probably have more disposable income than many.

We are better off than 3% of the population on paper, but we are better off than that as ex pays some bills and mum gives me an allowance still. Outgoings are comparatively low.