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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

Is this classed as a ‘high earner’?

512 replies

Earnerlesr · 17/07/2023 22:34

65k.

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

OP posts:
Thread gallery
15
ItsCalledAConversation · 18/07/2023 11:23

No I don’t think £65k for full time work is high earner. Double it and it’s still not particularly high. In my head high earners are pulling in £250k net a year plus.

AmaraTamara · 18/07/2023 11:24

My question to these ultra galactic high earners on MN, are you the same people who think their kids should start paying rent at 16, 17?

spir1t · 18/07/2023 11:24

RegainingTheWill2023 - there are streets upon streets in London of terraced or semi-detached houses stretching from Richmond (maybe £3m) through places like Chiswick, Barnes, Putney, Fulham (where you get less space for your money) and into Chelsea, Kensington, Notting Hill etc where houses are anything from £6m to £50m plus. That's not even mentioning all the other very expensive areas of London which are constantly expanding. It's more than just 'pockets.' A 2-bed flat we bought near Spitalfields in 1995 for £70k is now worth £1m.

TrueScrumptious · 18/07/2023 11:24

Mademetoxic · 18/07/2023 11:12

According to some posters on here you're on the bones of your arse and nobody could ever afford to live in London on a salary which is under 100k....

Yes, I know. I tend to roll my eyes.

Superpinkflowerpower · 18/07/2023 11:25

OP that is very high for many parts of Yorkshire, yes.

Charcol · 18/07/2023 11:25

I agree. London should be kept out of the conversation. or handled seperately.
London does not equate to the masses.

Blossomtoes · 18/07/2023 11:26

ItsCalledAConversation · 18/07/2023 11:23

No I don’t think £65k for full time work is high earner. Double it and it’s still not particularly high. In my head high earners are pulling in £250k net a year plus.

Well the statistics disagree with you. Perhaps a short holiday in the real world might benefit you.

ItsCalledAConversation · 18/07/2023 11:28

Who pissed on your cornflakes @Blossomtoes? The thread asks for an opinion, I gave mine.

Mademetoxic · 18/07/2023 11:33

ItsCalledAConversation · 18/07/2023 11:28

Who pissed on your cornflakes @Blossomtoes? The thread asks for an opinion, I gave mine.

I agree with @blossomtoes

mewkins · 18/07/2023 11:34

wehavelostsightofwhatanormalhoodiesizeis · 17/07/2023 23:24

just saying... doesn't take long to google what's on offer

but no one in the real world earns anywhere near an average salary apparently 🙄

I want to work for Hilarys Blinds.

JanesBlond · 18/07/2023 11:37

£65k is not a high salary, it’s the kind of salary earnt by a middle of the road professional type like a mid career civil servant, high street solicitor, headteacher etc. It’s a good salary but it’s hardly stratospheric.

£100k is more what I would consider the lower bound of high earner. The higher rate tax band is meaningless to say whether someone is a high earner or not as the threshold has been frozen for years. Half the people I know started off in or very close to that tax band straight out of university.

Mummysalwaysright · 18/07/2023 11:38

@Earnerlesr - you have to bear in mind most MN users on this part of the forum are SAHM's whose husbands / DPs work all hours and earn eleventy billion pounds per year, but consequently do zero house work or child care and have a lousy relationship with their partners, which then gives said MNers something to complain about ad infinitum on MN.

To answer your question, I'd consider £65k a good wage.

FrizzledFrazzle · 18/07/2023 11:39

Ok, I'm confused. I'm on about 35k and my DH on about 45k. We have a 1yo in nursery 4 days a week and pay a mortgage on a flat in a reasonably expensive city.

According to all this I'm apparently so poor I'm on the bones of my arse. And yet I feel pretty rich actually. We're still able to get takeaway and go on holidays and buy nice things for our son and put money in savings / overpay the mortgage. Ok we're not in London, but we have a pretty nice lifestyle really!

Greenberg2 · 18/07/2023 11:41

Mademetoxic · 18/07/2023 11:12

According to some posters on here you're on the bones of your arse and nobody could ever afford to live in London on a salary which is under 100k....

No one is saying that. They're just saying that it wouldn't feel like you were a high earner if you were living on £65k in your rented apartment in London compared to someone in another part of the country on £40k who owns their own place.

Gasping at someone earning £100k is understandable but not really fair when you're imagining how you could live on that in one part of the country but live a very ordinary life in London on that salary (so semi detached house, small car, no nannies or butlers or private schools or anything else you'd be imagining). Which is lovely and privileged but not extreme wealth.

I don't think people are saying they're scrabbling down the back of the sofa to pay the gas bill or they're struggling to make ends meet. Just that it's not the dream life people imagine.

Superpinkflowerpower · 18/07/2023 11:42

FrizzledFrazzle · 18/07/2023 11:39

Ok, I'm confused. I'm on about 35k and my DH on about 45k. We have a 1yo in nursery 4 days a week and pay a mortgage on a flat in a reasonably expensive city.

According to all this I'm apparently so poor I'm on the bones of my arse. And yet I feel pretty rich actually. We're still able to get takeaway and go on holidays and buy nice things for our son and put money in savings / overpay the mortgage. Ok we're not in London, but we have a pretty nice lifestyle really!

Because according the the last thread I looked at on MN apparently quite a few people were bringing home 12K+ per month. 😂

Huge pinch of salt is needed.

ManchesterLu · 18/07/2023 11:52

I'd feel like I'd won the lottery if I was bringing home that kind of money. I live in one of the cheapest areas of the country, so that amount would stretch REALLY far!

GetYourHandsOffMyCake · 18/07/2023 11:53

yesigotyourletter · 17/07/2023 22:37

Christ people on here live in a different world. Yes it’s a high earner. Not the highest, but high.

this

I'm in my 60s (2 years until pension age), unable to work. DH the same. We're existing on £1100 a month

spir1t · 18/07/2023 11:55

All this talk of 'pinch if salt' ... think about it... There is no point whatsoever on an anonymous forum saying you earn something you don't. What is the actual point and what would anyone gain from this? It's faceless and you can't 'show off' to people who don't know you and never will! The whole point of an anonymous forum, surely, is that people can be MORE honest - eg. you are unlikely to tell people in real life how much you earn, but if it's a specific debate about earnings and it's totally anonymous, why not contribute? Just because YOU might find something unusual, doesn't mean it is any the less real.

Hardtime · 18/07/2023 11:59

boobot1 · 18/07/2023 08:15

If you dont work, your not really EARNING are you!

Well, a lot of folks with valuable property will have been remortgaging for the cash to finance their lifestyle. £850k of equity would have enabled £170k of borrowing for 'improvements' and that's £1,000 per week tax free for three years with the interest covered. Look at how supposedly wealthy celebs have been flipping houses over the past decade.
Successive governments have squeezed high (PAYE) earners but have allowed amateur property developers flipping their homes or those with significant assets to live income-tax free.
We need financially and fiscally literate citizens to redesign the tax, pension and benefits system - currently, parties of all stripes pander to their large donors and care nothing for those footing the bill.

JanesBlond · 18/07/2023 12:03

ManchesterLu · 18/07/2023 11:52

I'd feel like I'd won the lottery if I was bringing home that kind of money. I live in one of the cheapest areas of the country, so that amount would stretch REALLY far!

How old are you and what job do you currently work in? It’s not unattainably high if you are able to retrain to a career where it’s a fairly standard salary.

Superpinkflowerpower · 18/07/2023 12:05

spir1t · 18/07/2023 11:55

All this talk of 'pinch if salt' ... think about it... There is no point whatsoever on an anonymous forum saying you earn something you don't. What is the actual point and what would anyone gain from this? It's faceless and you can't 'show off' to people who don't know you and never will! The whole point of an anonymous forum, surely, is that people can be MORE honest - eg. you are unlikely to tell people in real life how much you earn, but if it's a specific debate about earnings and it's totally anonymous, why not contribute? Just because YOU might find something unusual, doesn't mean it is any the less real.

Utter tripe, if you look at actual figures of earning and the percentage of people who claim to earn these figures, It would suggest that the majority < 0.5% of all earners in the UK on these wages are all actively posting on MN daily.

If they are well done🙄

Ohhelpicantthinkofaname · 18/07/2023 12:06

On mums net no, you’re a pauper.

in real life, yea fairly high especially if you have a two income household.

Superpinkflowerpower · 18/07/2023 12:07

JanesBlond · 18/07/2023 12:03

How old are you and what job do you currently work in? It’s not unattainably high if you are able to retrain to a career where it’s a fairly standard salary.

What jobs earn over 65K in the NE as standard please enlighten us. Because if was that easy every one would be doing it.

spir1t · 18/07/2023 12:17

Superpinkflowerpower - no, not posting 'daily'. Just posting like anyone else might do.

As for 'SAHMs of high earners' daring to regularly post, why anybody would be surprised about this, I've no idea. Why wouldn't a stay-home MUM be posting on a parenting forum, fgs? Firstly, it's what they do all day. Secondly, perhaps they have less people to talk to in the day. Thirdly, perhaps they have more time (eg. when the baby is asleep or after school drop-off)?

JanesBlond · 18/07/2023 12:27

Superpinkflowerpower · 18/07/2023 12:07

What jobs earn over 65K in the NE as standard please enlighten us. Because if was that easy every one would be doing it.

Civil service grade 7 or 6, various departments in Darlington or Newcastle. Dentists, of which there is obviously a huge shortage at the moment. Architects. Barristers.

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