How much do you earn

[strangerontheinternet]

Have previously come across a similar thread on another forum and it was so interesting! Basically people commented with their job, age and how much they earn. I hate my job/industry and feel it doesn't pay well like I was led to believe but also feel I have no idea what's out there career/job wise and how much various jobs would earn so what I could do.

I'm 27, a solicitor in Scotland and earn £35k

I can't imagine what I would do with £100k a year.

Mine all goes on my mortgage, pension, emergency savings. But that's because I want to retire from my 'career' and do stuff I love instead at age 45 (I don't love my career). I travel a lot for my career and would happily never get on a plane ever again.

Maybe that's why there are fewer women earning >100K? You get to a point where you've bought the big ticket items, and want to do something else with your life.

47 IT Service Manager £55000

Social work, 43, £37k

It’s a pittance for the hours I put in and living in London, but I love my job.

I can't imagine what I would do with £100k a year

Me neither, I suppose if I was materialistic it would be easy, but I don't value possessions.

36, specialist area of law and in house for an insurer , £80k plus a good pension and (pre Covid) flexible Half of my team are women. Lots of international travel if I want it and keep air miles earned for personal use.

(And work in London, live just outside)

@Z0rr0 if he makes a pension payment equal to the amount over £50k that he earns, you can keep the Child Benefit. So if he earns 53k, saves 3k into his pension, he wouldn't lose any CB.

Win Win.

42 parent carer (disabled adult child) £67 per week Carers allowance

42, Scotland, self-employed, around £39k this year (April 2020 - April 2021). But not usually that high.

@MeowPurrGrr

42 NHS nurse of 7 years £28k Leaving to do agency which could get me around £50k+

More money yes , but I'd worry about sick pay , holiday pay and pension.

Weirdlynormal

Wow. That's rather more than I would have thought. Do you know how many of these are women?

@Mustbe3ormorecharacters

Software engineer, private intelligence, London, 230k in 2020 including over 100k in a bonus. Previously earned less than 100k working in the public sector.

What's private intelligence?

23, tiny online business, 2-5k
Dh- 42, tattoo artist, 80-100k

39 - Part time accounts assistant £19.5k

Pro rata that is.

Director in a global PR agency.
130k.

Finance, £50k pa, age 40

Currently, I'm probably earning about £2.50, but I get paid several thousands more.

@Lucieintheskye

23, tiny online business, 2-5k Dh- 42, tattoo artist, 80-100k

ooh this is interesting! I always wonder what tattooists earn, they are notoriously cagey about money (also I might be wrong, but as it's usually cash in hand I assume they are mostly not declaring their full income to HMRC)

@Devlesko

I can't imagine what I would do with £100k a year

Me neither, I suppose if I was materialistic it would be easy, but I don't value possessions.

A lot of it is just that people naturally end up living within their means. As you earn more, you spend more because "why not"? I'm very unmaterialistic, I almost never buy "things", but as my salary grew to nearly that 100k, I did start spending more on the things I do buy. For example, I had a really rundown car before, so I bought a nearly new one that doesn't break all the time. I started buying more fancy breads and cheeses and stuff I like to eat because why not? I don't buy material possessions but I do love good food! So my food shopping bills have probably at least doubled over time. We also started travelling more often, going farther afield, and staying in slightly nicer hotels, so my annual holiday expenses went up a lot.

And then there's the fact that when you earn so much (and often you're working lots of hours to do so), you start to pay people to do things for you more than you used to. For example, I used to redecorate my house myself, when needed. Now I pay someone else to do it. Why not? if I can afford to? I'd rather spend my weekend doing something else with my family than painting my living room again! And that applies to so many small things that all add up to a lot over time. Why wash the car if I can take it to a car wash? Why not have a cleaner in once a week to thoroughly do the bathrooms and kitchen?

Anyway having said all that, if you don't buy THINGS a lot, 100k is still an absurd salary that has allowed me to put tons into savings every year.

I can't imagine what I would do with £100k a year

don't worry, most of it would disappear in tax anyway

WhiteLittleDots

I understand that lifestyle could improve for some, but really couldn't imagine how my life would change.
It's most definitely not a judgement on what others do, or how they live thugh.
Fallen down that rabbit hole on here, before
I guess I could buy a new horse and waggon.

£100k a year is at least £35k in tax and NI, and by the time you've paid for full time childcare and a big mortgage there's about £2k a month left for all the other bills, food shopping, commuting costs, cleaner, gardener, and so on. Obviously plenty to live on still but these type of people are time poor and rely on others for a lot, which they pay for!

@hemhem

£100k a year is at least £35k in tax and NI, and by the time you've paid for full time childcare and a big mortgage there's about £2k a month left for all the other bills, food shopping, commuting costs, cleaner, gardener, and so on. Obviously plenty to live on still but these type of people are time poor and rely on others for a lot, which they pay for!

Yeah but if you don't have full-time childcare and you just have a sensible mortgage, it's more like 4k+ a month for food and bills. It's impossible to spend all that!

It's impossible to spend all that!

I would manage it just fine!