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.

workreturner On your salary of £24,000, you should only be getting £54.99 a month in tax credits, or up to £264 if both of your children are at Nursery. But you're getting £621.78. Have you forgotten to update your salary details per chance? This will catch up with you.

I'd love to know all these part-time jobs where everyone works 2 days a week but is on £40k+

Maybe it should be made compulsory to include your earnings in your username to prevent threads like this from popping up regularly?

I'd love to know all these part-time jobs where everyone works 2 days a week but is on £40k+

Me too I want one of these jobs. Maybe they are brain surgeons?

Very similar to namechanger22. Single parent, no mortgage/rent, I earn £1K a month plus the £80 ish CB. No child maintenance or benefits (apart from CB). We tend to go on a self catering hol for a week with my parents which they kindly pay for, a camping hol with my boyfriend and the odd weekend away with friends. I pay an average of £100 per month childcare. We have a pretty good life really.

Huskylover1 child maintenance isn't included in tax credit calculations because it's not reliable and would give the payer of it too much power. Yes, in a few situations that means that someone with a fairly large income claims benefits but the alternative is unthinkable IMO.

I don't get tax credits because I received an unexpected payout last year which was spent on paying back last year's tax credits and debts from my marriage. I don't plan to claim them again - it makes life simpler if I can just live from what I earn. But I'm incredibly lucky enough to have no mortgage/rent so that makes it possible.

Between £3400 and £3900 depending on overtime etc.
Two full time salaries
One full time one part time and two dc

1800-2000 all in for help 2 adults 3 kids and 3 cats. Live in the south we are happy enough.

About £2000 before tax. Both work part time as we're both students. Includes tax credit. Not much left after bills.

Between my DP and I, we bring in about £4,800 after tax

About £10K / month. I spend most of it on champagne, eating out at fancy restaurants, fancy cars and exotic holidays. If there's any left over, then I might just treat myself.

There is quite a lot of info on the office for national statistics website OP, that you might find interesting www.ons.gov.uk

Yes, I always wonder why people ask on here and get meaningless answers of dubious accuracy instead of looking up official information based on statistically significant survey results.

From the results on here you might deduce that the average UK salary is about £150k.

@Huskylover1

It’s correct
I actually got my letter today from hmrc. Until April 2019 it will actually be more than I have stated above. But then will fall and continue as states above.

It’s all because the way we structured the divorce settlement meant no spousal, all CM.

Yes, I always wonder why people ask on here and get meaningless answers of dubious accuracy instead of looking up official information based on statistically significant survey results.

I imagine because they want to have a casual chat about money with people they can imagine as people and not get a broad statistical overview of the personal finances of the nation.

On average (dh is SE so it varies) about £3k pm. 2 adults, 3 dc and includes CB for all 3.

Workreturner I still can't believe how much you receive from tax credits

CM aside that's really high considering how much you earn.

Anyway, my turn:

£1,600. Work full time. One wage.
£300 working tax credits.
£137 child benefit (two children).

Approx £4200 after tax, north Scotland. Both myself and DH work full time. One DS (18) still at home who we support with food, hot water etc but don't give money directly to

Me and DP, baby on the way very soon, live in the NW.

We have £7k between us each month from two fulltime salaries after tax, NI, private healthcare, pensions etc. Next year that'll fall as I'll be on mat leave and will get my half my salary on average over the year. It'll be more like £6k a month I think. We won't get child benefit.

Workreturner I'm not meaning to sound offensive btw. Just surprised

@craft1905 😂😂😂

Just under 10k a month, occasionally bonuses on top. I earn almost 80% of it. 2 full time jobs, massive mortgage and 2 kids

Pffft, showoff. we're a £1.25 a month and consider ourselves well off.

That's nothing - we get 83p and still manage to buy 2 mumsnet chickens, have regular spa days and pay a zone 1 mortgage every month. We also manage to pay for a full time nanny and an au pair even though our children are off at university. Of course we had to sell our old clothes and give up our mobile phones and internet to afford it all, but it's been worth it.

6k 4 weekly with me and dh full time and flat basic
With shift allowances over time etc be 8k

I’m on SMP at the moment so it’s much lower than this, but usually between £2300 and £2900 a month depending on my dh’s schedule/overtime. I work part time, DH full time. That includes child benefit but not childcare vouchers. There are 4 of us, we have a preschooler and a baby.

Our wages are much lower than some on this thread but we don’t have any debts or loans and our mortgage repayment is pretty low too. It’s all relative.

Some of these are huge amounts! The pre tax annual wage must be into the hundreds of thousands...

Thread should of been titled "come here to brag about your salaries"