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just to be nosey (with all the budget talk...) BUT how much a month does £150k a year get you?

49 replies

ssd · 23/04/2009 16:02

not that its a great concern of mine, I'm on minimum wage and there isn't any chance of getting £15k never mind adding the zero at the end............

but I'm baffled, how much would you get at the end of the month if you earn £150 per annum?

OP posts:
chequersmate · 23/04/2009 20:08

ooh, I love The Grove...

hf128219 · 23/04/2009 20:10

What I said is above - and 'tis true. Very easy to spend that money.

Hulababy · 23/04/2009 20:17

There are some very prejudiced views on here about people who have higher incomes. Reverse snobbery is no more pleasant than actual snobbery you know!

Please remember that there are some very nice and normal high earners as well as a minority who are less nice - just as there are in all income brackets.

hf128219 · 23/04/2009 20:22

I love the Grove too... was there for Easter. Lovely free upgrade to a Mansion House Suite. They must have recognised Class

Portofino · 23/04/2009 20:33

I'm not prejudiced about people with higher incomes. DH and I probably fall into that category. And we pay our 50% tax without moaning about it (not UK and thresholds much lower). I don't have loads of spare cash at all either, but I also do not have to live on beans on toast.

I guess the point I was trying to make is that in Silverfrog's unfortunate situation, at least she is in a POSITION to help her dd get the help she needs. Most others wouldn't be. That obviously is not right either.

Portofino · 23/04/2009 20:42

To me, if you earn your money honestly, no matter how much it is, then good on you. However, if you know full well that you are earning a good whack, you should not be complaining about how hard it is to manage. At the end of the day, you have CHOICES about how you spend your money that so many, many others do not have.

I read once somewhere that if you have 1 quid of real money in the bank, you are better off than the majority of the world's population.

Portofino · 23/04/2009 22:06

Killed that one then...

sarah293 · 24/04/2009 07:31

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silverfrog · 24/04/2009 08:28

Thanks Riven.

We already moved (our last LEA were very happy to be working illegally - dd1 has been in the statementing process for nearly 18 months now), and we need to be commutable to the City (after all, dh is one of those City fatcats that caused this crisis, dontcha know? )

We are now getting dd1 back into the system, but due to the time lost fafffing around, new LEA are just anxious to get ehr in anywhere - not happenning!

We will get there eventually, and in the meantime we can thankfully afford it, but it shouldn't be like this, really.

silverfrog · 24/04/2009 08:43

my only point on this thread, really, was that the people who earn these high salaries are real people, with real lives.

We do go on holiday (though not the ones hf quoted!), and we have a new car. We are lucky to be able to afford what dd1 needs while we get her statement sorted (18 months and counting).

But, there are months when £7k disappears, and it is frightening how quickly it goes when you are paying for the additional help (SALT, OT etc)

When the LEA is all too happy to write your child off as though they don't matter, money really is no consolation (although at least it does mean that we can help her)

hf128219 · 24/04/2009 08:59

Of course people who have high incomes are real people! I know that.

Good luck with everything dd needs.

sarah293 · 24/04/2009 09:05

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silverfrog · 24/04/2009 09:11

jewels? no use to me - dd is a total magpie, and grabs anyhting sparkly

we are facing 2 teenagers off to uni this year, too, and given current climate are going to do our best to get them through without loans (although, ultimately that is up to them, of course)

sarah293 · 24/04/2009 09:25

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TotalChaos · 24/04/2009 09:34

portofino - as parent to a child with SN (language impairment) who could do with more input than NHS/LEA provide - I'm genuinely glad that SF can afford to send her DD to a suitable school, give state provision being lacking. If I had the money I would do something similar.

TotalChaos · 24/04/2009 09:36

Is he thinking Oxbridge Riven?

sarah293 · 24/04/2009 10:18

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TotalChaos · 24/04/2009 14:47

so yes that will cut down on costs somewhat...

naughtymummy · 30/04/2009 11:31

How much a month on £150 K ?. Well we are not quite there I earn about 60 DH around 45. How it works for us:

After tax, pensions, NI etc take home £5900

Morgage £1000
Council tax £200
Utilities £150 (closer to £250 in winter)
Car insurance, tax etc £150
Petrol £100
Nanny (wages+tax+NI+spending money)£2200 (£350 net live out)
Train fares for work £550 (me -£200, DH £350)
Food £500
Nursery for DD (2 mornings £150)

That leaves 1400 for everything else or £700 each for clothes, phones (eg mobiles), lunches (we usually take packed lunch) kids clothes, holidays, meals out etc. We are not on the poverty line-no way ,we have a nice life. But to suggest that ourlife is ostentatious or we don't have to budget is crazy.

BTW we both have registation with professional bodies and proffesional indemnity to pay for (in my case £800 pa)within our disposable income.

lal123 · 30/04/2009 11:46

naughtymummy - sorry but when a lot of people have to manage and pay for everything on less than the money you have left over for luxuries your need to budget is slightly different from the majority of peoples. The fact that you are able to spend over £2,000 on a nanny and £500 a month on food is quite ostentatious in my book!

Our household income is about £75k per annum gross - and we live a very comfortable life compared to the majority - for which I am very grateful

naughtymummy · 30/04/2009 14:20

Do n't be sorry.I'm not.

Do you realy think that £500 a month for food for four people is ostentatious? Taking in to consideration that nethier DH or I am home to cook before 7 most nights.

Havinig a Nanny is expensive, not realy a choice for us as we have to leave by 730 regularly.

I am well aware that the marjority of people have less money than us both in absolute terms and in terms of disposable income.

I am just making the point that earning £100k do esn't imo make you very wealthy. For eg: our car needs £850 spending on it this month and of corse we can find the money, but it's not like we wo n't notice the expense or have to cut back in other areas. For me that means that although we are comfortable I wouldn't describe us as rich.

hedgiemum · 01/05/2009 14:09

Well I'm a full-time mum who mostly cooks from scratch and I manage to blow £500 a month in Waitrose, naughtymummy! I don't think it comes anywhere near being ostentatious (and neither does having a nanny when you both work full-time...)

wonderif · 09/05/2009 23:07

i think the people on big salaries deserve it tbh, i am not on a hugh salary my daughter has special needs .

at the end of the day they deserve it because they have clearly got good educations and have done something worth while with their lifes.

i prefer to work part time and be a part time sahm, people on these salaries r to be commended!!!

would they get more respect if they were on the dole?

fair play to all u high earners i wish i was one of them, and i guess lots of other mumsnetters do hence the nasty posts.

hifi · 10/05/2009 15:46

my dh employs over 400 people and deserves every penny.

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