What is your household income/ lifestyle

[Lockdown12]

What is your household income and what lifestyle do you manage to have on it?

Do you have children? Own your own house? Go on holiday? Go out for meals?

I don't have children yet but am interested about how the financial situation might change when we hopefully do!

£85k per year household. Net it works out at about £4.7k per month.

We own our home and have done since 2009. Our income then was probably about £50k per year combined.

We have children. We have two cars one owned outright and the other on HP.
We own horses too.
One holiday per year.

£77k pa household income (both DH and I work full time).
2 kids (1 still at nursery) so childcare, after school clubs etc usually works out at £1200 a month.
Mortgage is £650 a month.
Have reasonable savings set aside but planning to get a loft conversion completed in the next few years so will use savings to cover the cost rather increase mortgage.
Tend to have 2 holidays abroad each year.
Order takeaways or go out for a meal once a week or fortnight.

Monthly income 3800 a month after pensions.
DH works full time and I work very part time.

One DC. Three bed house in nice area, two cars and two cheap holidays a year.
Eat out once a month.

BTW we are in the top 10% of wealth in the UK according to the bbc test, just in case you think the people on this thread are normal and representative . The majority of the other respondents will be in the 1% or 0.1%.

This thread is hilarious...

Single parent with ASC, registered disabled.

Self-employed earnings - between £480 and £700 pcm.

Benefits, including UC, CTC and PIP brings my monthly income to around £1100.

Small mortgage, tiny pension, no holidays abroad.

2 dc, one with ASC (takes after his mum....) both at state schools.

Eat out occasionally

Generally very content.

Around £4.5k per month. 2 adults/2 children. Both early 30s.
Pay just under £1k for our mortgage on a 4 bed, £200k left in a nice/picturesque city.
£400 to nursery in usual times.
Not a great deal in savings at present - £5k but saving each month. We ran out savings down doing the house up when we moved in, but have added to the value in excess of what we paid so a comfortable decision.
I generally try to be careful and reduce our outgoings as much as possible, but we don't have to scrimp on food etc.
We're in a very privileged position I think, when there are people who really struggle.
We go on 1 holiday per year generally and try to keep the cost to £500 all in (caravan, ferries, small campsite, food, petrol but can have some leeway for a nicer site or entry fees to bigger tourist attractions that cost more) but we're lucky that we don't have school terms to work around yet. In laws pay for every one to go away every 2/3 years on a family holiday so some years we have 2 holidays.
We have a takeaway maybe once every 2 weeks but rarely eat out with a fussy toddler.
Drive 2 cars as DH works shifts, one old bashed up car and a nicer one through his company.
DH on a final salary pension, I put 15% into my workplace pension, which I will increase once nursery fees are finished.

Overall we are in a fortunate position and we try and support various charities locally including the food bank and the charities supported by our church.

Income £60k pa +£5-10k bonus
5 bed detached house, mortgage around £700pm with about 60-70k equity.
No childcare costs as I'm SAHM.
Savings (mostly invested in shares) of around 1yrs salary.
Private health insurance for whole family (incl dentist)
Spend quite a lot on doing up the house over the last 4 years, maybe get takeaway or eat out (pre lockdown) once a fortnight/month. We're home birds.
Hols abroad about once a year, maybe 2/3 uk hols a year.
Things like Netflix, Amazon, Hayu, Disney+ subscriptions.
We live in Yorkshire in one of the cheapest (but lovely, rural, friendly) areas of the country. Think we'd have a sharp shock if we moved elsewhere!

net monthly income circa £2700
single, live alone with dog
no kids, and no strong desire to have any
detached 4 bed house (yes, a bit unnecessary now)
mortgage £680
holidays, 2-3 times a year, sometimes long-haul but planned with value for money in mind
eat out/ pubs./clubs/ comedy/theatre usually about 3 times per week
I live in a very cheap, undesirable area to most, but 6 minutes train journey to one of the most lively cities in the UK, and I love it!

Thanks for all the replies!

We currently take home about 4.2K a month, no mortgage due to inheritance and don't plan to move anywhere bigger anytime soon! We save between £500- 1000 a month although not usually just before Christmas or if we have a big expense like a new boiler or something.

We tend to go on holiday a lot, usually one big holiday a year long haul then maybe one to somewhere in Europe and then UK cottage type holidays.

At the weekend, we go out quite a bit...nights out and meals but also socialise at friends and families houses regularly.

We have a car that's a few years old, very standard small ish car and have just finished paying it off. Would like to buy a bigger car which will need to be on finance unless it's very old!

I don't spend a lot on clothes and tend to shop in basic high street shops but not loads.

I don't worry about money at the moment but did grow up during a bit of a financial crisis for parents so have the fear of being in that situation again!

We're going to be paying for IVF soon so will have to cap some of our spending to pay for it. Then if we're successful will be spending a lot less on going out. I love holidays though and hope we can still go away and would really like our children to be able to have that experience. Not sure if we will be bankrupt by IVF though! And still unsure if we will be able to afford either me or DH to go part time (if we are successful!)

Take home about 3k a month, DH works full time, I work part time, 2 DC, we rent a 3 bed semi for £750 a month. 2 cars- one brand new, one 10 year old car. We do have debt from when we were young and stupid so we're still paying that off, and currently have no savings (spare money is going on the debt) But hopefully by next Christmas that will have changed, but we live a comfortable life, manage a takeaway once or twice a week- we don't eat out as ds is on the spectrum & has adhd and he can't cope with it. We holiday once a year for a week in the UK clearly not this year though😢

Take home around £5k a month.
No mortgage. No loans. 4 bed.
Two teens.
Eat out monthly, takeaway most weeks.
Plenty of savings (inheritance).
Biggest extravagance is holidays. Three in the past six months until Covid!
Childcare was our biggest expense by far for years.

Make the most of your extravagant lifestyle now OP, enjoy it.
With 4.2k a month though you'll never have money worries, lucky old you.

Income varies between £3.5k and £20k a month, due to the nature of my job. Currently quite stable at £8k pm.

Both work full time. 3 yo DD.

We rent (also due to my job) but have savings to buy this year.

We go away a couple of times a year, we're comfortable, we eat several times a month, usually breakfasts and lunches due to DD's age.

Should add. We save HARD. So even on richer months we keep to our standard budget. Nothing really changes month on month from a lifestyle point of view.

Net income approx 5k per month. DH and I both work full time. Mortgage of £200k. Two grown up children but one is still at uni.

We dont eat out very often, dont have Sky TV. We have very basic gym membership at the local secondary school. We do usually go on holiday twice a year - once in the UK and once abroad. We try to save £10k per year.

We each have a car owned outright, dh's car is 13 years old and mine is 5.

Most of our friends are much richer than us

Income 3.5K per month, no mortgage, significant savings, 3 teenagers, have a couple of holidays a year, eat out maybe once a month, take -away once a week, no debts, helping eldest Ds through Uni by paying accommodation, run 3 cars between us.

5k net per month (2 incomes)
Small mortgage in big house
3 high school kids
2 holidays abroad per year
Outdoors family, not into shopping etc to pass the time
Don’t eat out (can cook better)
Pub trips as part of walks/biking
Kids can do lots of activities we pay for

30K
Small mortgage, Two kids.
We eat out occasionally, holiday in the UK and get away for a couple of cheap weeekends as well.

Usual income about £2200 a month without overtime. Dh is a SAHD.

Very large 3 bed house in posh area, rented. Shit 10 year old car. Generally nice lifestyle, holidays every year, minimum debt, a few k in savings.

Joint income is 3k a month. No kids. Have a mortgage on a nice house buy pretty rough area. I love it though.
One holiday abroad every year. Usually cycling somewhere. Lots of weekends away in the uk.

Income approx 120k pa (joint, but OH earns a lot more than I do at the moment-hoping that will change)
Mortgage
1xDD. No school fees as yet, but we may need to factor in, in a few years time
We’re not into cars, both drive older, reliable VWs, we’re not materialistic at all, I rarely buy clothes, have cheap hair cuts, etc Completely by choice. OH is the same
Love charity shops, I’ve bought so many bargain clothes, toys and books for DD from them. We just donate back when we’re done
I’ve got a pony, old family pet, who’s kept fairly cheaply, she’s my one luxury. It sounds very extravagant, but she lives on fresh air

Holidays- we’re not fussed, last year we spent some weekends in a U.K. holiday destination where OH was working at the time. We also spent a few days in Disneyland Paris. Previous years, we’ve done caravan holidays, or nights at the seaside, other than last year, we haven’t been abroad for some time.
We eat out maybe 2x a month and have a takeaway maybe every 6 weeks

What a wonderfully braggy, stealth boasty thread.

DavetheCat - These type of posts always are ! It's a real eye opener to see the salaries that some people are on, would love to know what jobs they all do. It certainly isn't representative of the general population that's for sure.

I think people forget there’s such a thing as advanced search as well

2,000 joint income. Nice car because we saved, owned home with mortgage, good holiday every few years, 2 children.

Hi @DavetheCat2001 I didn't mean to come across as bragging? I definitely am aware that we are in no way struggling right now but I think it's still okay to have questions about money and financial situation if you're not struggling...

I'm just trying to work out what the future looks like for us. I suppose I'm having a bit of a daydream about what the future might look like!