Are the majority of people on here well-off?

[ThisBloodyNoiseInMyHead]

As the title says, are most people on here financially well-off?

I've read about a woman who earns £32k a year, another who decorates every year, one who has got 1 4 bedroomed detached house, anther who has got a "budget" of £1 million to buy a house.

I live in a 1930s semi (mortgage paid), my husband earns £25k, I don't work (recovering from being very ill last year)and we haven't decorated for about 6 years. Am I the only working-class -strapped for cash- person on here?

I don't know that everyone on MN is rich but if you wanted to get a thread to 1000 posts the way to do it is start a variant of a thread along the lines of:
"When I was growing up my mum was a cleaner and my dad was a builder, I'm now a lawyer on six figures and my DH is in finance on an even higher 6 figure salary and he went to public school and had 4 holidays a year, would you say I'm still 'working class' or now 'middle class'?

A salary of 32k is very average. No one on that sort of salary would be able to afford a million pound house.

Tbf they might have one because of inheritance or when they were born.

@ThisBloodyNoiseInMyHead

As the title says, are most people on here financially well-off?

I've read about a woman who earns £32k a year, another who decorates every year, one who has got 1 4 bedroomed detached house, anther who has got a "budget" of £1 million to buy a house.

I live in a 1930s semi (mortgage paid), my husband earns £25k, I don't work (recovering from being very ill last year)and we haven't decorated for about 6 years. Am I the only working-class -strapped for cash- person on here?

My DH earns more than yours, but we have a £3k a month mortgage. Swings and roundabouts.

I never understand the thinking that if anyone has money they must be making it up.

people lie about everything though, look at the weird threads posters who are banned make up, there was definitely a poster outed about money. I don't get it either but it happens.

@tyoy

A salary of 32k is very average. No one on that sort of salary would be able to afford a million pound house.

Tbf they might have one because of inheritance or when they were born.

Or interest only mortgage.

A household with their mortgage paid off and a £25 a year income could very easily be better off than a household with a £32k year income and mortgage/rent to pay.
Owning a house outright seems quite wealthy to me! And I have a decent salary.

Its not just income which determines disposable income, other financial commitments make a huge difference. Housing and childcare being the biggest outgoings that I can think of. Nursery fees for one child could be £1,000/month, more in some parts if the UK. Monthly mortgage payments of at least £500 a month are very typical, and could be an awful lot more in London for example. So someone without those expenses could feel a lot richer than someone else who is earning more on paper.

Middling, but I’ve been very skint at points, and I remember it clearly. It’s noticeable that a large proportion of MNers have no idea about living frugally.

I earn £9.50ph as a single mum. I'm not strapped for cash though with additional tax credits, child maintenance from exh and low mortgage.

Nope, benefits bum here

@JTK392 how would someone on 32k get an interest only mortgage on a 1m house though?

Although I'm not skint

VladmirsPoutine

I can’t complain. As my DM would have said.

I certainly can see how some people’s earnings / house prices seem ridiculous

So my monthly income is about £2100 after tax/pension which isn't big, but my mortgage is £300pm and I have barely any childcare costs so I'm not struggling.

@Waxonwaxoff0 can I ask how that is split between maintenance etc as that's equivalent to a 30k salary but a very low mortgage.

We live in a very expensive city and don’t own a house. Our rent is over half of our income and we’re lucky to break even at the end of the month… slowly but surely losing our savings actually (which aren’t a lot). The annoying thing is is that mortgage repayments would be substantially less than the rent we pay (despite living in a 2 bed apartment) but we don’t meet the criteria. We are not in the UK. It’s incredibly frustrating. We’re not poor though, very lucky to have a roof over our head, food in the fridge and a few little luxuries.

I think there's more average or low on here, I've gone ona number of threads to defend things and been told 'that's not what I meant' and it turns out they're talking about properly rich people

[quote tyoy]@Waxonwaxoff0 can I ask how that is split between maintenance etc as that's equivalent to a 30k salary but a very low mortgage. [/quote]
Wages £1050pm after tax and pension
Tax credits £430pm
Maintenance £600pm (exh on £60k salary)

People who are well-off are usually also show-offs on here. But it certainly catches your eye when someone is talking about their mansion, 6 cleaners, the nanny and 4 cars more than someone talking about their council house.

[quote tyoy]@JTK392 how would someone on 32k get an interest only mortgage on a 1m house though? [/quote]
They might have had equity from previous property.

No. We live month to month ok. Have the odd treats,hobbies etc but we rent and have debt

We’re well off, both in good jobs and earn decent money.

We’re not mortgage free though.

@Waxonwaxoff0 thanks

None of the examples you’ve used screams ‘well off’.

What I love is someone can say I earn 80k & am struggling & one poster will reply "how insensitive" & another one will say "you don't earn enough" 😆

None of the examples you’ve used screams ‘well off’.

Prime example!

Most people would say being able to buy a 1m house would mean you are well off.