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AIBU....

2 replies

chericheri · 18/01/2023 22:29

To ask at what annual joint salary you would feel comfortable with 2 kids, able to take a couple holidays a year, and save a bit for the future?

And as a follow up - what you think the average household income is in London?

OP posts:
RewildingAmbridge · 20/01/2023 21:42

We've only got one DC, take one main holiday a year and try and do a long weekend child free for our anniversary. Joint income was 85k but just gone up to 95k, not seen the first part packet at that level yet. Which if my young very poor, very working class self had known, would've thought was mega wealthy, but it's not. We're home counties and comfortable. We save, we go on holiday, if something breaks we can afford to fix it, we don't really have any debt other than mortgage. I don't a ten year old Citroen DH has a nine year old ford. We don't live a flashy lifestyle. We do pay into good pensions and we are both still paying off student loans, although I have less than 18 months left on mine.
Average salary in London I wouldn't like to guess, I grew up in the East end with people working 3 jobs to make ends meet, but there are also billionaires.....

Cyantist · 20/01/2023 21:55

We have 2 kids, one in full time childcare (no free hours yet). We generally have 3 holidays a year (two abroad, one UK) and manage to save an ok amount.
We live outskirts of London and earn 110k joint. If we didn't have £1000/month childcare to pay we could manage quite comfortably on 20k less than that.
No idea what the average salary is. I feel like maybe around what ours is.

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