Is it rude to ask your annual income?

[dontcomeatme]

I am always gobsmacked and a little in awe whenever a thread gets onto the topic of money. Posters often stating they have an annual income of 100k+, but still struggling with finances for example. I am really interested to see if this is a demographic thing, so same job = totally different salary depending on location. Which I understand would then be reflected in the cost of living for the area.
But if any MNers feel comfortable I wanted to start a thread where everyone could state their

• individual annual income + job title
• the house as a whole annual income if different
• plus where you live.

No one is obligated so if you dont want to absolutely fine. This is more out of my own curiosity than anything!

Ours -

• OH annual salary before tax £37k, head of year in a comprehensive
• I am SAHM so just CB coming in which we put aside for 2 DC
• North East of England.

We live quite comfortably, just bought a home, save for both DC and a rainy day fund, able to do stuff with DC every weekend and holidays (in the uk) every year, no debt other than mortgage.

That’s really good going to save on a single income household in this economy so you’re smashing it!!

we have a pre tax income of 105k between two adults both working compressed hours over 4 days.

we feel comfortable.
pay mortgage plus overpayments and saving for long and medium term. Manage one abroad holiday a year and usually a long weekend or two in the uk.

We’ve always been ‘live below our means’ people though, both driving cars that are a few years old. Live in an ex council semi we adore and rarely eat out.

Just keep in mind there are a lot of fantasists on here.

About 50k. North east.

Bought house on single income. Small mortgage left.

No kids.

Save about a quarter of salary each month. Have about 6 months salary saved.

Delighted not to live anywhere near London with the ridiculous prices.

Me: £200k, lawyer (pre tax)
Household: DH’s varies massively by bonus. Some years his pre tax will be £500k, other years £1.5
Central London

Yes.

Also keep in mind that those people who say "£50k is loads of money, I manage three kids and only earn £25k,, conveniently forget that they get £40k worth of housing/rent/council tax/PIP/school meals/prescriptions/dental care/tax credits and other state benefits.

One big income 90k gross - one small income 10k - terraced house in SE - mortgage til I'm 70. One 2014 car. Two teens. Savings come from bonuses and odd gifts and stuff and pay for abroad holidays. Day to day feels like we are just getting by..

my salary 50k-quality compliance specialist in pharma

Ireland

divorced so I have 2dc 50% of the time.

no debts, save about 300per months. Have a good bit of savings from divorce ready to buy a house

£62k single household, 25years professional experience.
Scotland so pay more tax than if I lived in England.
currently trying to overpay and finish the mortgage in the next few years and boost my pension pot as our employer contribution is pretty low. No other debts.
i save every month and spend far too much on holidays

This is one of my family members. Its really hard to relate to her.
We receive no benefits, help, top ups, or funding in any way

This was my thoughts too, from what I've read London is just ridiculous at the moment.

Between £100K - £140K dependant on contract (I'm an interim). Single earner. I'm gratefully very comfortable mainly because:
a) my children are grown and mainly financially independent.
b) Although I live in London I purchased my house eons ago.
c) because I was a single parent I was concerned about lifestyle creep so have kept my fixed outgoings relatively low. E.g. lots of people asked me when I was going to move to a bigger/better house. No need. My house is fine as is local area and I'm really well connected.
d) a healthy dose of luck. Availing myself of career opportunities and no ill health affecting my ability to work.

Main focus now is channelling lots into my pension. When my children were young I needed my salary to live and heavily neglected my pension.

Yeah I think people really struggle to understand what it’s like to live with NO state assistance if they’ve never done it. Even just council tax support or whatever. It makes a huge difference.

60k for both of us. Full time private nursery (yes we get assistance on this like everyone but it’s still £1000pm) and too poor to feel comfortable but too rich for benefits 🫠

I know you wanted raw info, OP, but the more I think about your q/my answer, I’m afraid I’d also factor into my/our income:

employee share schemes
employee funds
pension contributions (matched or otherwise)
health care insurance

Id be interested to know how ANYONE who works state sector survives in London tbh. Grew up there and I’ve had no choice but to leave my whole family behind and haul up to Yorkshire. Not that I don’t love it here!

Thank you! We are really frugal with money and try to live within/below our needs.

We currently don't pay any overpayments because we paid a huge deposit so the mortgage is small. But once we're settled, literally moved in 10 weeks ago 😅 then it's something we're going to look into.

I work for a company that has employees all over the UK in various roles. We don’t pay extra if you live in the south east.

I earn nearly 18k working two days a week as a primary school teacher.
Single household.
30 years old.
Live in the north west.
No benefits.
Bought my two bed terrace when I was full time and will pay it off next year.
I live frugally but I have everything I need.
No car or holidays abroad.
Got a dog.

oh yes, i forgot about the free funded childcare too.

The only good thing about not getting any state assistance is that at least you can amass some savings. Anyone on tax credits is going to stay there as they can never have more than £6k. I'm pleased to have something to pass on to my kids. Savings and a house, and I've been able to help them through uni and getting on the housing ladder because i'm allowed to save as much as I like.

Doubt it. That wage in England makes you ineligible for free prescriptions, free dinners, free dentist treatment even if you are on UC.

@Alysskea
Too poor to feel comfortable but too rich for benefits.
I felt in my soul! This should be the UKs new slogan 😅

I’m not on benefits myself but I’m pretty sure on £18K a year you may be eligible?

Hahaha agreed. Especially for those paying childcare but also for everyone at the minute!

you've totally not read what i've said properly.

Also won't get free hours on that income. You might get the 85% back but you have to pay that upfront front. Perhaps you might need to read up what benefits nowadays offer because it isn't as generous as tax credits.

I just thought this too when reading people's answers. Raw data is great but there are so many external factors here to dig through