2018: What's considered a decent wage within reason?

I've seen a few people over the years who have made some money but try to portray that they live a frugal lifestyle. They want to give the impression usually to those they employ or associate with during business, that they make every attempt they can to be cautious with their spending. I have seen them even get angry/uneasy with those around them who might for example go out and buy a posh coffee, reminding them how expensive it is and how they should not be doing it 'on their wage' as if it's a lesson being taught. What is really is, is a form of control they seek over others. I'm the big balls here, stop with your pretend wealth....without having the nuts to say that.

What they are actually doing is feeling exposed because they know they just spent 5K on a coffee machine and 2K on posh coffee to fill it and are desperate to tell everyone, but then they would give up their made up image of frugality, though sometimes they have to steam in and sneer. They get really uncomfortable when people less wealthy than them talk money because they have created this image that they are not like that...when the people who know them know it's all front, a show put on to create an image of working hard to protect their hard earned, a frugal lifestyle and knowing the value of a penny. Reality is when they then mix with people like them they tend to be the biggest willy wavers you will ever meet, I find that really odd but I have seen it a few times and still makes me smile.

I tend to agree that old school money tends to be less about the money but that's because they think it's normal to go buy a £1M car or holiday home, it's all they know and as most were schooled at the finest public schools all their friends know. I think most people who start to earn well go through the 'look at my wad' phase, not all but most. I did and I have seen it MANY times and still do but then you grow up and realise that you really are far from wealthy, far from rich, far from being a made man or woman. We see it on this forum now and again and it is SO obvious.

However I have zero issue with people who have worked hard, made a load of money and then go out and enjoy the fruits of their labour, all power to them. But I do find particular with those who make money from money it creates massive detachment and ego that is often distasteful and then it becomes a game of one upmanship and a place where the emperors new clothes are all the rage....the land of pay overs and pay big overs because you can and MUST be first. Fine line between indulging a passion because you can and doing it because you must to keep with the in crowd.

At Sandhurst there were two princes in my platoon, the Prince of Luxembourg and a Prince from Kuwait. The guy from Luxembourg drove a battered Peugeot 405 and looked like a hippy. The Kuwaiti guy drove a Ferrari and told everyone how important he was.
 
At Sandhurst there were two princes in my platoon, the Prince of Luxembourg and a Prince from Kuwait. The guy from Luxembourg drove a battered Peugeot 405 and looked like a hippy. The Kuwaiti guy drove a Ferrari and told everyone how important he was.

Old colleague of mine was Captain of British detatchement in Kuwait taken hostage at first gulf war. Spent time as human shield in a power station. Few years later another colleague who did not work in same place, former SAS, told me how he was sent in to rescue said British Kuwait forces and turned out was first colleague who he rescued! I mentioned names and bang, “yes that was the chap” :)

Small world and not sure it’s even relevant but thought I’d share that they probably would have a different view of said Kuwait blokes importance :D
 
~£33k based on the criteria in the OP. Biggest factor being whether you have any constraints around where in the country you want/need to live.
 
Guess not many in here looking forward to the increase in minimum wage next week then :p

Thats always welcome but look at the thread about council tax price increase. Always cancel itself out, most of the time you are worse off.

Still you shouldn't aspire to be on minimum wage all your life anyway, should be a starting point not the end.
 
Old colleague of mine was Captain of British detatchement in Kuwait taken hostage at first gulf war. Spent time as human shield in a power station. Few years later another colleague who did not work in same place, former SAS, told me how he was sent in to rescue said British Kuwait forces and turned out was first colleague who he rescued! I mentioned names and bang, “yes that was the chap” :)

Small world and not sure it’s even relevant but thought I’d share that they probably would have a different view of said Kuwait blokes importance :D

I still see guys from my intake in the news occasionally, not always in the best of circumstances but it reminds me that I made the right choice to leave! The name for these cadets was 'Floppies' (F-ing Lazy Overseas Person), especially the Middle Eastern ones. Folklore was that one Floppy buried his rifle whilst on exercise because he was too tired to carry it. He said his country would buy us a new one.
 
£100k mortgage
£25k (Sole earner as partner is a student)
1 car (bought outright)
1 child of primaryschool age
Childcare is ~£200-300 a month
No loans (except student loan ofc)

We're doing fairly well, but then again living up north in Yorkshire seems fairly cheap nowadays. I couldn't fathom living in a more expensive area such as london or somewhere down south, but then again I expect I would get a higher salary.
 
£100k mortgage
£25k (Sole earner as partner is a student)
1 car (bought outright)
1 child of primaryschool age
Childcare is ~£200-300 a month
No loans (except student loan ofc)

We're doing fairly well, but then again living up north in Yorkshire seems fairly cheap nowadays. I couldn't fathom living in a more expensive area such as london or somewhere down south, but then again I expect I would get a higher salary.
I can't fathom why working class folk would bother living in London at all. I'm pretty sure they would all be a lot better off if they moved elsewhere. I assume the only thing keeping them there is the hope that appreciating house prices might make them a millionaire on future.
 
I can't fathom why working class folk would bother living in London at all. I'm pretty sure they would all be a lot better off if they moved elsewhere. I assume the only thing keeping them there is the hope that appreciating house prices might make them a millionaire on future.

Yup, i've seen people who work at my place of work leave to get a job down south as it pays more. They were earning £21k and got a job down near london for £26k and saw that as a big payrise. It didn't make sense to me. Yes salaries may well be higher however the cost of living is also higher so in the end it balances out.

Plus Yorkshire is where it's at :cool:
 
Thats always welcome but look at the thread about council tax price increase. Always cancel itself out, most of the time you are worse off.

Still you shouldn't aspire to be on minimum wage all your life anyway, should be a starting point not the end.

Yes... it helps even push up wages for those on close to the minimum wage. It is all welcome.

Agree...Nobody really aspires to being on low pay ... reminds me of that Pulp Song.
 
the houses you can afford for 200k up north are crazy. I'd struggle to get one with a garage here in west sussex for double that.

Pretty much anywhere within 100 miles London is silly priced. I've seen my house go up about 40-50k in only 2 years simply because it's 2 miles from a station which goes directly in to London.
 
A general ballpark I feel is earning your age. For example I'm 29, so earning 29k really shouldn't be hard if you've shown some ambition. Simply keeping in line with inflation would see your salary rise equal to your age.

The two are largely arbitrary and it just happens that those born around the same time as me use it as a rough guide.
I realise this won't apply to those who are significantly older!

Referring to the OP:
You're single with no kids or partner, want your own place, car, be able to go on holiday at least 1-2 a year and be able to have savings in your account. Outside of London
I'd say it really depends on your field, age and experience, but 32k absolute minimum, keeping in mind that a 3 bed detached house in Stoke can be had for as little as £130k.

A man who worked at JCB who had been there 37 years told me (before I left the company) that his advice is to have as many jobs as you can before you are 30. I totally agree, as I stayed in a role 1-2 years before jumping ship for a significant increase. Now I have found a good company to stay at. It is actually expected that skilled graduates won't stay if you don't chuck more cash their way.
 
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For me jobs are just a means to an end, I'm not really interested in a career or striving for one, I just see it as something I have to do to get by.

It would be nice to earn more money, in fact looking around at similar jobs I'm underpaid by about 10k a year, although they're asking for more experience than I have and working for a bigger firm they'd probably want solid qualifications rather than time served so that's another few rungs down the ladder.

I wish I'd gone into some sort of craftsmanship when I was young as my mindset is really geared towards low quantity/high quality bespoke work, sadly all the jobs I've had are the opposite, they just want it fixed or bodged as quick as possible for the least amount of money which gets depressing after a while.
 
Yup, i've seen people who work at my place of work leave to get a job down south as it pays more. They were earning £21k and got a job down near london for £26k and saw that as a big payrise. It didn't make sense to me. Yes salaries may well be higher however the cost of living is also higher so in the end it balances out.

Plus Yorkshire is where it's at :cool:

For some it depends on the end game. I took a good salary increase a year ago but I it included a commute to London which basically cancelled out all the extra cash and increased my journeys significantly. However, for my industry working in the capital opens up doors and I've just found another job on significantly more money. Effectively by taking a bit of a hit in the first instance moving my role to London has allowed me to double my salary in 12 months.

I could have found a job paying close to my current salary back in Cambridge but making that second leap to the level I will be at when I start my next role would have been nearly impossible in that timeframe back home.

Having said that I look at some of the guys on my train in retail uniforms and I wonder how the hell they manage.
 
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