Is this classed as a ‘high earner’?

[Earnerlesr]

65k.

And if it’s not, what figure starts to be classed as a high earner?

You're in the top 10% of income for the UK with that much. But on MN, you're a plan who needs to make a roast chicken last 10meals...........everyone here is on 6 figures, with a husband doing a niche hobby........

Is 100k salary a high salary?
yes because it puts you in the top 5%

Has the cost of housing and cost of fuel and other living expenses risen massively faster than wages?
Also yes

Can you be on 100k and struggle with everyday expenses (not private schools, housekeepers, new cars etc but mortgage, bills, nursery fees etc? )
Also yes

Does this mean 100k is a low or average wage
NO

I ve never earned any more than £37k and have worked for 49 years as a nurse so to me that’s a high earner

30K as one half of a double wage = zero help from government and I pay normal rate of tax. DH 6 figure salary so quite rightly we shouldn't get any help. Homeowners etc so only doable as part of a double salary.

This just means the uk has many low earners and most people are poor. But the guy on 100k is lucky to own a house and to have his problems relative to the many people out there with bigger problems. He earns relatively more than other people but not enough to be completely insulated so by definition he isn't wealthy. He is just a higher rate PAYE earner.

Spot on 👌

May not get you "that far" in London but still that's far from the average salary, even in London so many people earn significantly less!

Definitely would say so in the NE. Me and my partner have a joint income of just over 100k and live very comfortably. People assume living in the north means lower wages for all but when you work for an international company like my partner, then you aren't paid any more/less for where you live in the UK. Same with working in public sector with national pay scales (although appreciate there is often a small London weighting for these).

We live in the home counties. DP earns about £165k a year (salary plus bonus). We can afford for me not to work, and we have a nice home, nice cars, holidays once or twice a year, dinners out... but it's certainly not enough for a mansion, horses or to put the children through private school.

I was having this conversation with DP only the other day, it seems people think on that sort of salary you should be living a lavish lifestyle, it's just not the case. Comfortable, sure, but certainly not lavish.

In the last year, my pay increased by 80% and my DH's pay increased by 50%.

This is representative of the majority particularly if you already earning 80k plus

No matter how much my partner earned, I would always work. I would be bored to tears not working.

It gives a purpose in life and I would earn my own money instead of expecting a partner to bail us out all the time.

It’s a good salary but in my mind £100k plus is high earner

I earn £80 and my bf earns £50. we’re in the NW.

I’d defo say we were high earners, particularly for our age (mid 30s) and region. our expenditure is low as we have no kids yet, only one car that’s paid off so no car payment, we live in a smaller home with a low mortgage payment, no fancy holidays or clothes. We each have our own hobbies (sports etc.) that we do spend money on but we have tonnes (thousands) left each month to save or invest.

We feel very very lucky. Very.

None we onow socially earns as much as us (except a few older people who are our parents age.) We keep our salaries private.

we are going to buy a house some point soon and at that point I think people will realise.

This thread is insane! Haha think about teachers, nurses and other key workers… how many of them will earn that even at an experienced level?!

Just shows you what a bubble people live in and how blind people are to their own privilege.

And not to mention however many X % of people in the world are still living in less than £1 per day!

@Mademetoxic I did work prior to us having small children; I had my own business, which I am intending to go back to. With childcare costs, pretty much all my earnings would go on that, so there's little point to me working. DP works hard and long hours, often commuting to London so he can't be relied on to do it. Also, I'm pretty happy being at home - I enjoy cooking, tidying and doing my own thing all day (with the children in tow!)

how is that relevant?

No one is saying low wages do not exist. (and no one is saying essential workers earn enough btw)

No one is saying people working part-time should earn the same as a full-time employee either, but it does push the figures down.

It's just ridiculous to pretend that someone earning a bit higher than you, and paying a lot more tax, and not entitled to any help, is necessary that "well off".

On a side note, try living in London on £1 a day 😂

Yes!
I'm on c65k. I'm also a single mother living in London, and it doesn't go far at all, but still, the average wage is less than half that, so of course it's a high earner (albeit I'm really really not rich).

If you and DP split then you would have to go and earn money.

I could never, ever rely on someone else to earn money for me. It's too risky.

@fuchiaknickers

Do you have really tall and vastly intelligent children too? And do you all eat massive salads?

I suppose outside London £65k might be considered a 'high earner' but it's very region-specific.

Where I live, an ex-council house is £1m plus, a one bed flat over a shop £500k plus and a 4 bed Victorian semi over £3m. Whole streets of houses for £5m plus, some houses being advertised now for £14m. Most people use independent schools, have cleaners / nannies etc. Often other properties too. And this is not Knightsbridge or the super-expensive London locations. That's another level again. This is Zone 2 and there are many areas like this. So £65k would not go far at all, no.

@Mademetoxic I have clients who contact me to this day and are on waiting lists for when I return. I would be fine.

Plus in the event of splitting up, DP would have to pay me a lot of maintenance, so I am sure I would be okay!

No early retirement for you then!

They wouldn't earn that so they are poor. But there is no shame in that cos the majority of people are poor. I have a household income of £120k and I would readily admit that I am 'poor' in London but am luckier than most cos I can pay for mortgage and go on holidays. Capitalism doesn't mean most people are rich, capitalism just means that our poor are not as poor as the people in third world countries- so they have a roof over their head, indoor plumbing, all the appliances, good state education, accessible healthcare (debatable with the nhs but still), some savings, a pension, some holidays and possibly the opportunity to buy their own home. I am not of a higher social class because I own my flat in London and have some nice holidays. just like how i don't consider someone with a Iphone (i have a really cheap xiaomi with a cracked screen i bought for £100) to be of a higher social class. Its just stuff, it doesn't represent wealth esp as its my primary home and anyone can book (and pay for holidays). We prioritise our holidays over things like having our own car (as we live in London) so we can afford to spend £400 per month on holidays.

I wish we would just stop fighting with each other and unite because the rich are no longer the top 1% they are the top 0.01%.

STARTERS at decent Canary Wharf law firms are now on 100k, and they'll be 23-24 years old.

Why are you comparing buying a studio flat in London with a house in the north? That's my point, what you can buy for the same price in different parts of the country.

I also said that you would need a big deposit. If you're paying £1k a month rent for your one bed apartment plus Council Tax and bills, £300 travelcard if you live in the suburbs, and it's going to take quite a while from your £65k salary to save, say, a 20% deposit of £50k for a flat.