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!

Monthly income £3k ish from my salary. No mortgage. 2 kids, we eat out once a week in normal times, have a second home, go abroad once a year. We have two cars and some income from the holiday let.

£20,000 a month...each.
500" TV...in every room (30)
60 holidays per month
Solid gold speedboat
20 carat diamond teeth
Own football team

OP please don't believe everything you read on here and allow it to make you feel like you aren't earning enough, people can be absolutely anyone they want on this site and normally you'll only get the 'high earners' respond as a way of showing it off. The more average earners are less likely to respond. I would say we are average earners just under £57k and manage well just about to buy our first home. A lot of people on MN would gasp at this and think of it as a really low wage though.

Just under 90k per annum.
House owned with mortgage.
1x 6 week old baby, 2 dogs and 2 horses.
We live fairly comfortably, own our cars outright and holiday abroad 1-2 times a year - normally one long haul and one short haul. Before the baby we would eat out 2-3 times a week. Haven't eaten out since because of lockdown but sure we will return to that habit when we can.

Shock I said that before even reading 😂 all the 'high earners' are like flies on shit with these threads!

I think there might only be a few people on here that have told the truth. I definitely did. Nothing braggy about having an income of £1,900 a month is there?

I'm always interested to see what people earn and how they got there but sadly these threads rarely resemble reality.

Joint income 3-3.2
Mortgage on a small 3 bed house
2 primary aged kids one dog
one abroad holiday a year
a couple of camping holidays a year
never really get takeaways or eat out.
One car between us

Net income £1.5k/month, work full time, very long hours and 3hour drive daily, to and from work, crap salary, very underpaid and undervalued.
Live alone (apart from my chickens and bees!), four bed rural cottage, detached, owned outright. Old estate car, but, again, owned outright and it suits my needs. No debt, no loans, manage to save a little every month.

Simple lifestyle though, happy being surrounded by open space, fields, no neighbours and my garden. Am very much a home bird, never had a 'holiday' holiday, don't eat out or socialise much,but do take myself off to theatre or cinema on the odd occasion. Dinner parties, socialising, pubs, restaurants - my idea of hell! Live very frugally, but indulge myself with treats in the form of specimen plants or seeds for the garden, second hand books and clocks/barometers/scientific instruments which fascinate me!

Not sure understanding what others earn is helpful in any way.

We were comfortable when we married, life threw up more financial challenges when we had children and were paying off mortgages, it eased as we gained promotion. Now we’re mortgage free and the children are either earning or about to be earning. Life is very comfortable but we’ll be a bit lower income in retirement but still much better off than many. We want for nothing, have a few extravagances, indulge the children still but aren’t particularly bothered about having lots of tat, fashion, or anything uncomfortable. We don’t waste and live relatively simply but well.

Wowzers there are some high earners on here

2k a month
Once mortgage and bills paid not much left over for anything else. No meals out, holidays etc.
2 dc

Thanks @stressandmorestress money is one of those weird things that no one ever talks about in real life (other than in your own relationship) and sometimes I talk to people at work or friends who seem to regularly talk about how little money they have with kids and it worries me that I'm not setting myself up well enough or that we won't be able to do anything that costs money! My ideal scenario would be that either me or DH could work part time or both of us reduce by one day so we can spend time with children but then what will we actually be able to afford to do if we do that!

All of this is a real daydream as it does rely on IVF being successful as well!

No monthly income.
Two houses, both mortgage free. One in the U.K. and one in a European country.
1son, he's 42 with children of his own. He's mortgage free too.
Lifestyle, we spend whatever we want whenever we want to spend.

Between us we bring home around £3500 a month.
We rent for 650 a month.
3 dc.
Holiday abroad every other year.
U.K. holidays maybe two a year.
Second hand cars.
£1000 a month to savings.
We live frugally.
We are happy.

£50k p.a.
Single mum, 1ds, 4 bed house in village in Hampshire, 10yo car,

I had ds when I was 45 and had already paid off one mortgage so I had a decent size deposit.

Uk summer holiday plus skiing for ds every other year. Eat out occasionally, don’t do takeaways.

Between us, we bring home 5.7k net plus dh gets a bonus of maybe 10k. Since having dc, I work part time so it’s a bit lower than it used to be.

We have a good life. Neither one is extravagant when it comes to gadgets or clothes. We have a small mortgage on a 4 bed semi, 1 lot it nursery fees currently but will have 2 when I go back after Mat leave. Pre lockdown, we would eat out once or twice over the weekend and get a takeaway. Our dc do lots of classes. We go abroad 2-3 times a year and once in the Uk.

We’re by no means rich but we’re comfortable enough to not have to save for things or check if we can afford it. We could afford a bigger house but not without compromising on lifestyle and peace of mind.

Blimey. Middle class MN at its best. Anyone not earning thousands and putting chunks in savings etc?

Our monthly income after tax and NI is around 2.8 - 3k.
We have 2 DC. DH works full time, me part time.
4 bed semi, mortgage is £680 per month (North East) £140k left to pay off.
2 cars, 1 owned outright and one leased.
We eat out about once a month. Could go on holiday every year but it’s usually every other as we’d prefer to spend money on the house.

I’m not dementedma!

Household net income is 1800€ at the moment, though I am currently renovating the house full time. Will start “proper” job again soon and hope to increase net income to ~2500€.

No kids, shit old second hand car, but it does the job.

Largeish mortgage but our other outgoings - bills, groceries etc - come to about 700€ all in.

We live very frugally, rarely go on holiday (though we do take time off at home). Eat out or get takeaways maybe twice a month, but we’re in Portugal and it’s cheap.

Almost never buy clothes except when everything’s fallen to rags, but since we’re always gardening or painting there’s not much point having a big wardrobe.

Have about 5k in savings but not adding to it at the moment cos of renovations. When I have an income again anything spare will go into savings and pensions.

@Hedgesfullofbirds
That lifestyle and location sounds amazing.

dementedma why do you think you have to be middle class to be a high earner? we are both working class but have a high income, I know lots of working class people who earn lots.

I am old so reaching this level only last 5 years or so

Both in our 30s.
Income 3.2k but it doesn't go far as we're in the south east.
1 DC
we are renting and paying for nursery fees so that takes a third of our income. Before DS turned 3, it was easily half.

I'm putting most of my spare cash towards debts so that means I have 200 left after paying for everything, including my share of the food bill
Virtually no savings

No holidays apart from weekends away
Takeout once a week
DP has a car. He needs it for work.

Looking forward to DS going to school this year as that will massively improve our financial situation.

*forgot to mention, DP's car was purchased outright as we had help from his family, and it is secondhand

@flower191 - thank you, it suits me, although I wish I could cut down on my commuting time each day!

Income approx 22k a year between us, 1 DD.
Live in a 2 bed rented flat, saving for a wedding and a house deposit.
Have one car, bought cash for 2k.
Don’t really go on holidays but have weekends away camping.
Don’t lie awake at night worrying about money but do have to consider purchases.
Get a takeaway every couple of weeks, not big on eating out.
DD goes to a nice nursery and wears mostly Asda and primark or secondhand clothes.
We have Netflix and amazon prime but do t watch live tv so we don’t have to buy a tv license.
I could afford to go to one or two baby groups when DD was little but not things like water babies that cost £14 a session
Obviously I would love to have more money but I like my life and don’t feel deprived. Income will go up next year to hopefully about £32k for the household