What would your households annual income need to be for you to be happy/content?

[TheTortoiseWon]

I'm coming in close to £150k. I don't believe this would make me truly much happier in life but it's what I would like

Savings, investments and pension - £50k
Bills and groceries - £12k
Holidays x 4 - £25k
School fees x 2 - £30k
Days out/dining out - £5k
Clothes, accessories, and beauty treatments - £12k

I am thinking £150k too. I have no kids or a mortgage but I also have no private pension, am owned by 4 parrots and plan to get a puppy soon. The parrots pure scunner me with their high maintenance ways.

It's not money that makes me happy or content.

I agree, £150k would be perfect for us. It won't happen now though, it is possible in our jobs/qualifications but neither of us want to increase our workload/responsibility now.

Wow.

I do think more money would make me happier as I wouldn't worry about things as much. It doesn't need to be loads, just a couple of £k more than we take home now.

Well the breakdown you have listed would require a much higher income than £150k to account for tax, NI etc.

It's not money that makes me happy or content.

It's not so much that money makes me happy, it's more lack of money makes me stressed.

Increased income usually equals increased stress and decreased work life balance.

It does mean you don’t need to worry about finances though.

Sadly, when receiving £150k income you want £250k, you quickly adjust your spending levels and the more you earn the more you get accustomed to it. And i am sure it isnt the answer to contentment.

£75,000

Nobody can calculate for another. To me, all household expenses covered, savings every month and enough for holidays, new cars every 3 years, good pension provision and a back up fund for private medical care.

@Shamoo

Well the breakdown you have listed would require a much higher income than £150k to account for tax, NI etc.

It does say household income.

I think I could slum it on 2 million a year if I really tried to be frugal.

What we earn now plus private school fees for two dc would be good! Agree though that the more you have the more you spend and therefore the more you think you need

(Nothing serious, just the "squeezed middle" worries a lot of mumsnetters are probably having at the moment)

Our household income is just over £55k and I'm content. Mortgage is nearly paid off, no other debt and I'm happy with a sunshine holiday every other year. I'd like a newer car but apart from that it's all good.

60k. Money doesn't bring me much contentment though a few extra thousand would be helpful

I'm currently just about managing on 25k a year but I reckon 40k would be nice.

I don’t see how your bills and groceries would be as low as 12k unless you’re mortgage free.
Energy, car, insurances, water, council tax and food would be at least 8/9 hundred.

Not the point, but I think in this scenario you’ve massively underestimated your household bills. If you have the disposable income to pay 30k/ year on school fees and spending 25k/year on holiday, you will probably have bills closer to 4k per month (mortgage, food, insurance, utilities, subscriptions, petrol, cars, etc).

40k. It's what we're on, and it's just right.

@Shamoo

Well the breakdown you have listed would require a much higher income than £150k to account for tax, NI etc.

Absolutely

OP, You don't a mortgage in there. That is cheating.

Surely it completely depends on your costs - mortgage/rent, utilities end other general costs of living compared to your income.
Eg I'm incredibly fortunate and I, as a single parent am able to cover our basics on about £14k but then DD has clubs & activities I would like her to continue if possible, plus it would be nice to be able to be able to not have to worry too much and be able to afford the odd takeaway.
So I have managed to get a part time job in addition to my other work.
But I know I am in a very fortunate position for many reasons.