To ask what you do and what you earn?

[ChaiTeaChai]

Apart from the fact I'm curious, making a career change. My heart is in midwifery but the pay is bad. I'm money motivated so know I could do something I'm less passionate about if it meant more money.

Currently doing an access course.

I can’t even imagine what you’re all spending your money on!!! If you are indeed telling the truth. For those of you on 50k plus, do you donate a lot to charity?

Some. I wouldn't say alot. This wage is a fairly new position for me. The role was quite a big promotion and a risk for me. I was head hunted into the role and it took a year of negotiation to agree terms.

Right now I am still sorting my house and debt. 5 years ago I earned about 24k, fled an abusive marriage. I managed to get a cheap house, that needed some work. As a single parent with childcare to pay I ended up getting into quite hefty debt. Exh is self employed and pays nothing. I ended up having 9 months off due to anxiety and depression at this time.

My pay rises between then and now have been focused on getting the house sorted (the windows leaked and had damp etc) and paying off the debt.

My daughter wants to be an engineer, possibly an aerospace engineer and is 16, so I an also saving to help her out at uni. Something I didnt think I would be able to do 5 years ago.

I donate and do fundraising for a local hospice and work with a local rugby team, aimed at supporting young people in the area. Overall it's quite a poor area and the team make a big difference to kids. I also donated some money to personal cause, quite recently.

I'm a Transponster

AHP - would be 45k pro rata. I do 4 days a week but in a really really niche field. Im band 8a in a clinical role which is quite unusual for the area I live in (most at this level would be management). Most definately not South East!!

It has taken me nearly 20 years to get this point, not that i particularly planned to be working in this clinical area (i fell into it really!) and its challenging, stressful but ultimately blooming rewarding.

I can’t even imagine what you’re all spending your money on!!! If you are indeed telling the truth. For those of you on 50k plus, do you donate a lot to charity?

Of my 90k basic, I pay around 30k in tax & NI. Another 5k or so goes to pension, 3k on travel to work.

So in my bank each month = £4,300.

£2200 goes on my half of mortgage, utilities, supermarket food shop etc. Housing in the south east is terrifically expensive.
£500 goes on my half of DS childcare bill.
I save £500 (currently on mat leave & using the savings to fund the gap between my bills & my maternity pay. When not on mat leave, this money is usually saved towards big items such as buying a car (altho we buy 2nd hand non premium brand and run cars into the ground), home improvements or new boiler etc.
£1,100 is left. About £300 a month I try to overpay to get the crippling mortgage down quicker.

It's surprisingly easy to get through a lot of the rest. Clothes etc for 2 DC. I've got a big family, lots of siblings, nieces and nephews, so lots of birthday and Christmas presents. Spread through the year it's probably £100 a month.

I end up buying lunches most days which can cost around £100 a month, making at home would be cheaper but I tend to prioritise time with the DC.

I donate some to charity via matched giving at work and constantly sponsoring friends running marathons etc.

The rest goes on clothes & shoes for myself, saving for holidays (centre parks outside school holidays, Cornwall in June, a week in a self catered in Spain or france) etc. The nice thing is having enough money so it's not a problem if there's a big car bill etc.

DH and I are relatively frugal, friends on similar incomes seem to spend a lot on car finance for posh cars (range rovers etc), gym memberships, very very expensive holidays and grooming/cosmetics, but then moan they have no savings. DH and I try to have 6 months worth of our mortgage & bills in savings. We value financial security over lifestyle spending.

Part-time GP partner (5 sessions a week). £80,000.

And

I’m a GP, work 5 sessions a week and take home £1490 a month, so the same as a band 5 nurse. I trained for 10 years to be a GP. My salary is standard for a salaried GP

Gp partners are self employed, so they will earn according to how well the business is doing, some earn lots, some not so well. Salaried doctors are employed by the partners. I earn perhaps lower end of the going rate, but still average, which is £37000 for 5 sessions. So yes less than half the partner who posted
The partners job will come with additional responsibilities and work on top of a salaried doctors. My salaried post comes with perks I wouldn’t get as a partner (less admin, protected job plan, always get my annual leave which may not be the case as a partner).
However, my take home pay is low so my tax code, student load and pension payments are due a review after this thread!

Marketing for an international company- £120k basic salary. 19 years experience

School Admin, 30 hours a week and bring home about £900. Not a huge amount but I'm only a very short walk from work, am able to do pick up and drop off from school for ds and have school holidays, so all in all I'm damn lucky.

Nurse. I work 25 hours a week and bring home (after all deductions) about £1’600 a month.

When I was full time it was probably nearer £1’800.

Nursing is my absolute passion and I love my job, I can’t imagine doing anything else. They say it’s a vocation and it really is....and despite there being a lot of downsides I would never change career just for the search for more money.

If midwifery is your vocation then go for it because happiness at work, a fulfilling and meaningful job and a true passion for it, is worth more than anything.

Have had a couple of career changes due to circumstances.
I used to be a midwife. I stopped about 8years ago as the shifts were horrific and didn’t fit in with my family life especially not for the pay that I received and I was fed up of getting the rubbish shifts.
Career change of accountancy which is applicable to my current job but trying to move away from finance as I find it dull. I’m currently management in a school but don’t earn anywhere near what I could working in the private sector. Put it this way I’m in less than £30k.

Isawthesignanditopenedupmyeyes

Thanks for your explanation. I never knew there was such a difference between partners and salaried GPs. However your take home on £37k (if that’s your post-pension salary) should be around £2300 per month so yes, I think you need to still review it. Hopefully you are owed a big chunk of money back

@MrOnionsBumperRoller lawyers might charge £250p/h but most don't get paid anywhere near that! My annual salary works out at around £24 an hour, my hourly rate is £240 plus VAT.

28 years old, approx £250k per year, I run my own business.

If it's money you're after, self employment is usually where the mega money comes from.

But there's no defined career path, and the edges are steep on the rickety uphill trail that there is.

Start my new role in palliative care next week. £8.50 an hour, 36.45 hours a week over three days.

I am currently studying a degree online and hope to apply for graduate entry to nursing in a few years.

Name changed as could be outing. I'm an Assistant Company Secretary. Company secretariat is a niche area of company law/governance but you can qualify through a standalone qualification- you don't need a law degree.

I earn £70k for working 90% FTE. Also get company car, and a good chunk of annual share options on top.

I've been in this area for less than ten years when my career break is factored in, so I could have got to this salary level more quickly.

Hours aren't crazy and it's not really that stressful. Would recommend it as a career choice BUT you have to be prepared to put in work to study early on. I've taken a lot of exams whilst working. Another drawback is that many of the available roles are in London and surrounding areas.

In terms of giving to charity - yes, some. I also put a lot into my pension and I'm a single parent so I'm worse off than say a family of 2 adults each earning £35k each IYSWIM. I know that I'm very lucky, regardless.

@Penners99 Sat 16-Nov-19 15:07:01
IT Architect, contractor. Up to £3.5k per day

DH knows this industry very well, and tells me the above is bollocks.

33k, solicitor in charity sector. That would be the lower end for a solicitor but still more common than the 200k city types. And yes, even the salaried ones in the private sector only get to keep a very small percentage of what you're charged for their work!

Sales manager in London: 43k and bonuses. Pretty good perks and pension, good holiday allowance.

£66k as a civil servant. I work FT.

To the pp who asked about charity payments, yes I have a number of direct debits to various charities that are important to me.

Qualified and registered Veterinary Nurse with over 14yrs experience, working 40hr p/w including nights/bank holidays, and earn between 22k and 23k.

Well.. our household income is > 60k.
We don't have a mortgage or any loans, though, so feels like more. We are comfortable but don't have a taste for luxury, anyway. I spend about £150/month on commuting.

Charity: I donate about £40/month to charities. I do 4-6 hrs/week (avg) volunteering for non-profit groups.

DH volunteers for a sport he's involved in, that probably works out as 4 hrs/week (average).

Teenagers off to university in next few yrs, they will consume some of our savings.

@fllinn yes both. Inner London and lots of overtime. He’s also done 30 years and about to finish, don’t know if that makes any difference.

I can’t even imagine what you’re all spending your money on!!! If you are indeed telling the truth. For those of you on 50k plus, do you donate a lot to charity?

We earn well over £50k combined, take home pay is about £9k per month due to pension, tax and NI deductions.

Monthly costs are as follows:
£2,500 childcare (2 children in nursery)
£1,300 mortgage (3 bed in SE)
£1,000 to parents
£700 loan for car (will be ours in 1 year)
£500 (travel card x 2)
£400 food for the house
£200 work lunches (for both of us)
£300 children's savings
£200 council tax
£400 utilities, insurance, phones
£100 to church (which is a charity)
DH also pays maintenance for DSS out of that.

We save about £1,000 a month, and the rest probably goes on general things for us all like clothes, children's things, presents, and the odd family outing. Odd random expenditure like going to hen, stag and weddings also comes out of there. We usually go on a UK based holiday every year, though we'll probably go abroad next year.

I can't wait until the children start school! (We don't qualify for 30 hours as salary over the threshold)

This should have been bold as it was quoting a previous poster:

I can’t even imagine what you’re all spending your money on!!! If you are indeed telling the truth. For those of you on 50k plus, do you donate a lot to charity?

My bills are £285 a month. Mortgage is £866. Trying to reduce that to £400
I honestly think that’s the key to a happy life not what you earn but what stays in your pocket. I could actually retire now if I wanted to but 40 seems a bit early.

Part time retail, slightly above NMW. I really like my job, but would like to earn more. However, quality of life comes into play and also my health is not 100%. Plus my age, which means looking for a new job is pointless and I have a vast gap in my CV where I was at home and so jobs that pay more are not interested in me.