The salary question?
- Thread starter kai
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It should in theory though, afterall you are in the top 13.7% earners in the country. If that means you are still struggling to live comfortably then there is something broken. £50k a year salary should be enough for anybody to live on.
How do you think the other 86.3% of population who are living on less manage?
What about if people are embarrassed that they earn very little? Or that they earn a lot and don't want people to judge them or have expectations that they will pick up the tab at events etc. Many reasons to want to stay quiet and not disclose it. Some people simply don't like conflict or arguments and would never want to get into one over something a lot of people can be very emotional about as it effects people's lives closely.
Where I come from, being able to feed both your kids at the same time is considered a luxury. Some people need some perspective in life.
As for the question, I don't care who knows how much I earn. Some of my friends and I are in a bit of a competition so we're constantly striving to earn more, whereas others are comfy with their life so we don't discuss money as it'd just be rude and awkward.
Money means nothing anyway. Someone can earn £18k/year and have a luxury yacht from an inheritance, someone else might earn £18k/year and drive a Lamborghini on a ridiculous finance deal. Someone might earn £100k+/year and drive a knackered old Golf, it's all irrelevant.
I've seen cases where people have flash cars and luxury lifestyles but they're financed up to their eyeballs and couldn't afford a pint once their bills are paid, and I've seen someone driving a knackered old Golf who spends more on a pair of high heels than I earn in a year.
I earn plenty for what I do, happy with it, but I already want more. The problem I'm facing is that a) I love my current company and earning more might mean leaving it, b) earning more means I'd be in a much more senior position with little to no progression from there and c) I want to start my own business but seem to lack the testicular fortitude to get on with it.
As for the question, I don't care who knows how much I earn. Some of my friends and I are in a bit of a competition so we're constantly striving to earn more, whereas others are comfy with their life so we don't discuss money as it'd just be rude and awkward.
Money means nothing anyway. Someone can earn £18k/year and have a luxury yacht from an inheritance, someone else might earn £18k/year and drive a Lamborghini on a ridiculous finance deal. Someone might earn £100k+/year and drive a knackered old Golf, it's all irrelevant.
I've seen cases where people have flash cars and luxury lifestyles but they're financed up to their eyeballs and couldn't afford a pint once their bills are paid, and I've seen someone driving a knackered old Golf who spends more on a pair of high heels than I earn in a year.
I earn plenty for what I do, happy with it, but I already want more. The problem I'm facing is that a) I love my current company and earning more might mean leaving it, b) earning more means I'd be in a much more senior position with little to no progression from there and c) I want to start my own business but seem to lack the testicular fortitude to get on with it.
Yeah it's called the housing market.
It's not easy to move your entire family and job away from it once you are invested in an area with friends/family/support and schools and jobs.
I just think it's so short sighted to simply state outright that 50k should be comfortable to live on. For a single person living in a flat or small house...sure. What if you are a single earner with many dependents in London?
A lot is broken!
£25k pa.Not one salary disclosed in the thread so far.
Perhaps we need a poll
I wonder if the 90%+ who earn less than that would class it as "not much".
Exactly, it's called housing. I might be in the top 13.7% of earners but I can't afford a median home?
I'd feel like royalty on that amount.
There are Londoners earning £35-40k a year still sharing a house or flat. Most other parts of the country that would easily support a flat or house. I rent a house in central Scotland on £25k a year. And did so when I was earning less.Yeah it's called the housing market.
It's not easy to move your entire family and job away from it once you are invested in an area with friends/family/support and schools and jobs.
I just think it's so short sighted to simply state outright that 50k should be comfortable to live on. For a single person living in a flat or small house...sure. What if you are a single earner with many dependents in London?
This is what it comes down to. You really need to be in the top 10% to afford the median home, or you need two people working. If you're in London, you need to be in the top 2% to afford a median London home (ex-council 2 bed flat that hasn't been refurbished in 30 years).
Just tug harder on your bootstraps, it will all be okay.
J
Just stop buying avocado toast and a coffee every day and you’ll have that £60k, 20% deposit saved up on no time! /sarcasm.
In which case the system is broken then.
The system has been broken by property speculators and estate agents routinely increasing housing prices almost weekly without any other reason than greed. The BTL crowd also haven’t helped.
Probably not.
Soldato
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What's your role and location?
Same as for you! Salaries are nothing without context!Probably not.
Central Scotland. I’ve mentioned it above regarding housing.
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