To think it’s crazy that National Minimum wage is £27k

[Butterflyfluff]

Yet it’s not really enough to live on 😢

My first job paid £7.5k per year and I thought I was loaded! And I’m not ancient.

Now 2 people on NMW earn over £50k between them yet it’s really not enough these days.

Between the cost of mortgage or rent and childcare , I don't know how people do it . And that is before you take into account increased fuel bills, petrol, council tax , food etc.

I was earning 25k several years ago and the outgoings were minimal compared to now. Consumerism is also more prominent I feel . Going for meals was a rare treat , drinks maybe . And not having a packed lunch , buying coffees , etc was almost unheard of . Even avocados weren't available!

I feel sorry for people trying to raise a family now , struggling to give their DCs a decent life , having to save for uni.

I hope some government will address these issues . And quickly.

OMG

@intrepidpanda is NOT the poster who said she and her DH lived on 20k!!

She was making a JOKE about the poster who said that!!

12,570 is the tax free allowance. That's the joke!

So does that mean NHS band 2 new entrants are earning less than the NMW?

Yes but I think they pay a living wage uplift. I used to work in a NHS band 3 role doing minor procedures while band 7/8 sat around doing 'research'. I jacked it in because I knew I'd soon be able to earn more mopping the floors. It's bollocks.

Oh I think the NMW is closer to £25k actually, that’s how the do it then.

@Hanalam no. They earn minimum wage. As do b3s. If they raise nmw much more, autonomous therapy staff admin porters and domestics will warn the same with different levels of responsibility. Not sure how that works with job evaluation.

Really. That was the declared level of inflation, calculated relatively honestly, before the shit hit the fan in the 80s, and all New Labour could do in response was enslave younger working generations and lie about it.

House prices quadrupled. Wages did not change. That’s 400%, a bit more than 27%. The difference is lies, bullshit, fiddling and propaganda.

Mine was too, before medical retirement. It was one of the most physically and mentally demanding jobs, I had ever done in my working life. Loved it though!

I think 50k between two people is a good income, you'll obviously have to make choicdes were you live and what sort of property you rent or buy but its a good income.

My first ‘proper’ full time job after uni paid around 28k, and that was more than 15 years ago!

It didn’t feel like very much back then, but at least I didn’t have a mortgage, kids etc to pay for.

I'm interested too. In my head this only makes sense if you had inheritance or something to help put a massive deposit down.

Our mortgage is 36k a year, we’d be screwed on min wage. Everything has gone up so much, petrol and food shock me every day!

Crazy because it's not true.

£24,454