To not feel that well off with a household income of £100k?

[phalendrina]

Live in London. Both of us are on £50k. We work 9am-7pm. Sometimes longer. Can’t afford to buy yet.

When I was younger I always thought a household on £100k would feel well off. We don’t. Obviously we are fortunate to afford food and rent etc, but we can’t afford long haul holidays or nice clothes.

The OP has dropped one post and left. I doubt they intended for a meaningful debate on the cost of living crisis and the extortionate rents in London.

That’s a poor example to use. Public sector salaries are renowned for being underpaid compared to private sector, especially in London where that weighting is actually a point of contention for being unrealistic. For my role, I’d get an extra £3000 per annum with London weighting. If I switched to private sector, I could earn double my salary with less management responsibility (analytics). CS is finding it difficult to retain skilled digital staff as a result.

Of course you are. Let’s be honest now. Everyone is a higher rate tax payer nowadays. Come see me when you’ve lost your personal allowance and you’re paying another 45%

So does that mean the people it winds up, if it is indeed a fake post (and not, you know, indicative of her having a life outside of mumsnet), are forced to engage?

@Princessandthepea0 sure, that'll be the first thing I do when I exceed £100,000, private message "princess" on MN.

@gossipgurl I know, I'm in the CS, my point was that poster was making out London guarantees a large bump in salary, huge swathes of people are in the public sector, they would be much better off out of London (I know it's not as simple as that on a micro level).

It's a bit disappointing that these threads bring out the worst in some people - there should nothing inherently wrong with discussing higher than average salaries, and how far that money might go.

As I said. No idea. I’ll wait 😂

Always the same thing. Pensioners saying they should be grateful. People on minimum wage saying the should pay more tax. Those just into the higher tax bracket saying they are happy to pay their taxes when in reality they probably are on the cusp of being net contributors. They can’t help themselves.

Poor OP. You must be one of the 'new destitute' we've been told of.

Oh I agree. It’s not the topic that’s the problem.
I don’t earn that much but London rent and 2 small children in childcare can wipe out a huge amount.
I don’t think OP wanted an in-depth debate as there’s zero information in her initial post.

It can do in CS too - there are more opportunities for progression in London, Whitehall & FCDO come to mind. A level transfer won’t offer much benefit short term, but long term someone might be able to hop through the grades faster

Yes, you’re right. I don’t think my perspective is unreasonable though. I don’t think I’m poor. I just don’t think I lead the kind of luxury lifestyle that people associate with a six figure income. There are big differences between headline income, take home pay, disposable income and wealth. People (and the government) don’t recognise that as much as they should.

I kinda get it, we're on a just under 90k household income and still feel like we don't have much money!

I feel like we live very similar lives to our friends with incomes closer to the 50k mark.

It is a shame these threads always get derailed with the, that is a great salary, what are you spending comments. The problem is salaries seem to be stuck about 20/ 30 years ago while inflation continues to rise. I have seen jobs advertised for the same salary today that my Dad struggled to feed a family of 4 on in the same role in 1997. £40/50,000 was considered a really good salary 20 years ago, but is that still the case now?

When I was younger I always thought a household on £100k would feel well off

wage stagnation
60k in the mid 00s is approx 100k today

@MissSeventies exactly but it’s always ignored. i’m

Also when you got on the property ladder makes a massive difference

You have a high household income and are very well off. Perhaps you need help with your finances??

I’m guessing you are on the wind up.

Yes, London is expensive.

Now, spare a thought to what it’s like being far, far poorer and trying to survive in London, possibly with kids. Which is the case for millions of Londoners. A more highly paying job doesn’t make your life any more worthy or your needs anymore justifiable. EVERYONE deserves a house and a decent standard of living. New flash there are probably people in McDonald’s doing 55 hour weeks and working harder than you for much less. So you will get a negative reaction because millions’ aren’t mentioning their struggles.

Share a flat, save up and buy outside london like everyone else does.

Aka ‘don’t start a thread about what you want to discuss, start a thread about what I want to discuss!’

Yes, we know there are people worse off. No one, OP included, said otherwise. She’s talking about her own situation, as are others on this thread. There is a cost of living crisis that doesn’t just affect the poor, but those who make what appears to be, on the surface, a good wage. Those people are also allowed to discuss the impact COL is having on them.

Those who dislike this happening can choose to not click on threads that are obviously about the subject.

Not at all. Check my threads- have I ever discussed that?

I am pointing out that she is getting “cry me a river reactions” because many millions of people in worse positions who aren’t complaining are going to find the “poor me” tone a little annoying.

I get that it’s annoying not being able to afford a house. It’s just all a little tone deaf in the middle of a cost of living crisis. But you knew that.

Only on MN!

I’m referring to the message apparent in the post, which is that any conversation about struggling requires gate keeping. It’s tedious.

It would be tone deaf if she plopped it on a thread started by someone much worse off. She didn’t. There isn’t just one economic demographic present on mumsnet, and posters are indeed as welcome to post about struggling on £100,000 as they are to post about struggling on £14,000. Again, if someone on less finds this to be unpalatable they’re not forced to engage.

Not every conversation has to be about those with the least.

Not every conversation has to be about those with the least.

yep