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.

13k a month after tax between 2 of us

I wish we had the kind of money people on here have!

We both have uni degrees but have never made much money unfortunately

It's especially tight at the moment because I'm on Maternity Allowance and my husband is a self employed gardener so it's out of season for him

Maternity Allowance: £580
Husband's wages: £800ish
Child Benefit: £82.80

Our outgoings are pretty reasonable and our mortgage is less than £500/month so we'll get by until I go back to work next spring and I'll be back up to about £1200/month

We're not entitled to any benefits

A hell of a lot more than yours!

missingsummer and southnownorth I still claim child benefit and my husband then pays this back via tax. I do it purely to protect my right to pension credits.

We have about £3400 coming in but I can boost it up if need be by working more hours in my second job. That amount includes almost £200 Child benefit. We have no mortgage and significant savings so we don't stress too much about it. I gave up a reasonably well paid job to reduce stress so it feels like money well spent.

Wow, some seriously rich people on MN! So many people's monthly take home is my annual salary as a TA.

1993 it was negative equity, no savings and childcare costs and mortgages a bit more than we earned for a time. 2018 no mortgage thankfully after 30 years of paying one and over 30 years working full time without even maternity leaves.

It genuinely varies for me as I am self employed and my costs and cost particularly of people I pay who do work for me are very large so the receipts coming in even after VAT is taken off is not my profit. Then once we get to the real profit the state takes about 50% tax/NI and no single person allowance, no child benefit, no housing benefit, no tax credits and too young for OAP benefits.
The twins cost £50k a year at university (I am funding them without student debt) and I pay for other costs (£3200 council tax, £4.5k heating and elec bills - big house, holidays more again - it soon mounts up)

1.2k monthly salary supporting four of us (DH, me and 2 DC). Plus CB and CTC which amounts to around 450. It's a struggle some months but we manage.

£1300. Mainly just me but when dd home from uni she has to contribute towards food.

Me about 9k, DH maybe treble that. But we both have very niche skills in a specialised market & have worked really hard. 2 years again I was homeless but I made a conscious effort to retrain in a well paid field.

After taxes it’s about £2k per month. My husband full time work, child benefit and his using my tax allowance (I’m self employed with a new start up so not making money yet).
We live in the midlands.

About 3100, with full time wage, DDs high rate DLA, tax credits and maintenance from ex. I find it plenty. Some of the wages on here are mind blowing.

@madnessIsay what on earth did you train in in 2 years to give you that much take home pay??!! Asking for a friend..........

The drug trade!

Apologies for getting your hopes up but my reply was very much a sarcastic response.

Around £3k. Two adults, three children.

A few years ago it was £890 (give or take a few quid), two adults, two children. That was tricky.

I'm depressed reading this. Some of these salaries are incredible.

Jesus, I want to be doing what the PT yet 8-10k after tax people do!

We get around £2800 pm but after a workplace loan, a travel ticket advance and a share save scheme we have nearer £2500.

We get by well enough and DD doesn’t want for anything, my wage will be going up a decent amount in the next 6 months hopefully, and DH’s will be earning a lot more once he’s finished his studies, so that should be good.

*DH

These threads always seem to attract only those who earn huge sums!

Dp and I earn 3.4k after tax, ni, and large pension contribution. I Live in Oxfordshire, £82.00 pm for younger dc.

Outgoings are very low so we do have a fair bit of spare money each month. It wasn't always like that though...we have been very poor at times. (and this level of income will appear very small to some, and big to others I know).

About £10k. Spend £3k on the mortgage, £3k on the nanny, and waste the rest on skinny cappuccinos and mid range wine. Pretty standard for Stoke Newington.

@madnessIsay what do you do?

£1,400 after tax wages + child benefit + some UC when it pleases them. Single parent of one in North West

About £1700, one full time wage, one part time and CB

We bring in around 8k a month - both work in busy demanding roles.

I'm just about to go part time because frankly I can't cope with the stress! So our monthly income will decrease but god I'll be happier for it