Wage

[Jubba]

Just out of curiosity

What do you consider a good wage?

I’d consider over 100k to be a ‘good’ wage.

How many of us actually take that home

To take home £100k you would need to earn a lot more than that. After deductions I take home just over £80k - about £7k a month but that is after 35 years working and owning my own business for jearly 10 years

Considering the average wage in the uk is 27-28k then 100k is more than a 'good' wage.

Me, DH and DS live on £18k pa.
If that was doubled it would feel like we'd won the lottery.
I can't imagine what it would feel like earning 5 times what we do.
I know outgoings and region pay a big part of how much money feels like.

I can't do the maths … how much do you have to earn to actually "pocket" £100,000 in a year? It's cloud-cuckoo land for me anyway. :)

Goady post is goady.

Gosh, anything under two mill just isn't worth getting out of bed for dahlings.

That’s around the top 5% of earners in the U.K.

Outside of London I’d consider £40k upwards a good wage

Roughly, you’d have to earn just under £200k gross to take £100k net

DH and I earn around £75 k before deductions, which feels like a 'good' but not amazing wage, (I am very aware a lot of people have much smaller budgets I'm not ungrateful) , it means we can pay our mortgage and bills without concern, we do have to save for things, house renovations, wedding etc but we were able to do those things without debt. We go on holiday at least a couple of times a year, but holidays that maybe cost a couple of thousand including spends, little boutique hotels etc rather than some of the luxury breaks I read about on here, and maybe a city break, we go to the theatre, gigs etc regularly, but we dint drink often and don't eat out week in week out. We would like a new kitchen as ours is very dated but we can't afford it yet, same as bathroom, especially as I'm about to go on mat leave. We both drive older cars (10YO approx) because that's not really important to us. To me that's a good standard of life, we enjoy things and don't worry too much about money and usually have a bit in reserve if something goes wrong it wouldn't be a huge panic, but we do have to budget and can't have whatever we want when we want it.

When DH finishes his master's next year, he gets an automatic salary increase that will take us to about £85k and for us that jump will feel good because it's more than we're used to, and it means there won't be as much pressure on me as the higher earner.

No. I didn’t mean take gone 100k a year. I meant before tax 😂😂😂😂

Bloody hell. A take home of 100k!! Ha. If only!!

A 'good' wage for just me (single parent) would be around £35-40k. I can't see me ever getting anywhere near that. I'm a student at the moment, getting the NHS bursary. When I qualify, I'll be on around £25k. I'd say as part of a couple, a joint income of around £65k would be 'good'. I live in the North West if that makes a difference

This is a classic example of all things being relative. I think £40k is a good wage, which is a little less than both DH and I want and we feel very fortunate.

We're only comfortable because we both earn that though, so if you're talking a out single handedly supporting a family, maybe £100k is closer to it.

I have worked out that once dc are independent we could live quite nicely on £30k between us though

*both DH and I earn

I think a joint salary of £120k before tax should be considered ‘good’ by anyone’s standards.

I would say a pre-tax household income of £100k is ‘good’. We used to have that and felt comfortable but still couldn’t afford things like a new car or fancy holidays.

We now have significantly less but by choice as I’m a SAHM for a few years.

me and dp live in the northeast, we bring home together around 55k which is think is a decent amount, would be nice to bring home 100k a year though