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.

£107k Finance Director
£141k as a household
North East England

Mostly saving for early retirement though.

Yes before tax it's £37k. Probably comes out with about £2,200pcm. She (wife, same sex couple 😅), isn't working as a teacher she's classed as middle management, don't know if that makes a difference?

Jobs like teacher, nurse, GP, midwife, vet, dentist, pharmacist all pay more than £40k (past the training / early stages of career phase) and are all majority female. You don’t know any women in these professions?

Interesting thread!
I have a clinical role in NHS band 7 £54k
DH earns approximately double that.
Fat mortgage over £2k a month though and 4 children.
We live SE and if we didn’t have children settled in schools, I’d love to move somewhere cheaper. Elsewhere we could be mortgage free - my job is very portable as every trust is short staffed in my field, DH works from home.

1.8m, that’s a lot of people.

That's true, there's 34m working people - or 25m full time workers.

So about 1 in every 15-17 working people earn over 100k - that's hardly vanishingly rare

Salary: 33k, remote pharmacy technician
Central Scotland

Single income household and I also get approx 10k per year made up of UC, CB, CMS and Scottish Child Payment so total income is around 43k.

Exactly and yet on here it's often seen as a fairy tale!

Nope not well enough to talk finances. I'm absolutely not saying they don't exist 😂 just in my circle its mostly part time minimum wage or still in training wages.

If you earn 25k you don't get free prescriptions or dental care or any of the things you have mentioned except maybe a small UC top up or childcare. I know because I earn 25k and have to pay council tax and for my dentist and prescriptions!

@ladygindiva Do you have children? Do you live with a partner?

UC top-ups for a single parent earning £25k in rented accommodation would be substantial.

Household gross income approx £110k, split fairly evenly although not exactly, & both working 4 days. 2 kids under 5, mortgaged house in the SE, outside M25, borderline commutable to London.

I feel like we exist in a bit of a sweet spot between earnings, work stress, hours etc. Still get full child benefit & only just dip into the 40% tax band after deductions etc.

If one of us really threw ourselves into our career i'm sure we'd be capable of getting to £80-£100k, maybe more if started commuting into London. but at what cost? I feel like it wouldn't be worth it

I'm a single parent with two children and no partner. Whilst I receive a small UC top-up and contribution towards after school club I have to pay full whack for my council tax, prescriptions and dental treatment .

I've just plugged £25k of earnings, two kids and £1000 per month of rent into a benefits calculator and it's suggested £1,225 of UC.

That's the equivalent of earning £48,500 on PAYE.

@ThisOldThang but thats only if you rent, it's nowhere near as high if you have a mortgage.

Me, 34k civil service.
Husband 40k sales manager. Both full time.
Mortgage £1.3k and 2 kids in nursery which is £1k.
We bought the house when I earned more as a professional (43k). We could have remortgaged for a longer term and lower payments but we've decided to stay on track despite the squeeze (both in our 30s and 18 years left).
I gave up the higher pay for work life balance which was the right decision.
We are down to 0 every month. No debt but no savings. Can't even afford to put anything by for the kids at the moment. Not been abroad for 7 years, family holidays are camping once a year.
One ancient car on its way out. Clothes second hand, sell as much on vinted as I can. All furniture is second hand. Home improvements ongoing, husband does most of this.
I feel like I'm failing to give my kids the life I never had, and compare myself to others a lot. Especially when they have new cars, go abroad, kids have lots of sports lessons etc etc. I really thought we'd be enjoying those types of things by now (occasionally), especially after years of uni and training etc.
We're ok but if there was an emergency we'd be screwed. But we have a lovely, safe home and we're all healthy.

Precisely thankyou

@ladygindiva & @hnkjuijn

But the original post was referring to the benefits amounts paid to those that rent.

The internet is often fantasy land. 🙄

Me £150k finance
H £200k finance

I am aware these are stupid amounts of money. Both work in London but live an hour or so outside in commuter land. Have spent years just spending whatever we want and not really having anything left over, and now realising we should have played it differently. Mortgage free with 4 children so that hasn’t been cheap I guess and neither of us have earned as much for long. Currently ploughing a load into pensions etc and aiming for retirement early/mid 50s

£48k my income - mental health (private)
£90-£148k dual income - OH works in film industry in London
live in SE England.

This.

Only 2% of people earn over £100k, seems they are all on MN 😉

DH 185K with bonus
Myself 20K (was made redundant from 85K role but managed a bit of freelance work whilst unemployed)
now on ‘mat leave’

Agreed….

quoted from above.

there's 34m working people - or 25m full time workers.

So about 1 in every 15-17 working people earn over 100k - that's hardly vanishingly rare