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What salary would you be happy with...

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After reading this im expecting there'll be in a few years a lot of unhappy faces with their actual incomes haha, I applaud their optimism though.
Me, I just hope to live comfortably in a nice house, be able to enjoy a nice holiday every year and drive a car that I love. The prospects of being able to work in places like Dubai, America, off-shore oil rigs should help that.

Reply 161

_anyawalsh

Original post by Tyrion_Lannister

I'm not motivated by money. Couldn't give a toss. I'd rather do something I love and enjoy it.

OP, anything from £25,000 up.

I would be very happy with 50k, that's a lot to me from what I've grown up on, if was always thinking of earning 100k+ would be disappointed and unhappy for many years, no ones going to walk out of a degree and earn that much, takes time and hard work, id rather have a good career than loads of money really

Posted from TSR Mobile

Reply 162

Tyrion_Lannister

Original post by _anyawalsh

Exactly the money is nice but it's not a big deal. I don't know why people are so hung up on it

Reply 163

TheIrrational

I'm not completely sure, I'm struggling about whether to go into investment banking (maths undergrad at Warwick) but I think although the actually obscene salary is amazing I don't think I would enjoy it. So looking at other alternatives and places I can go and I would be happy with about 40 - 70k at the peak of my career, which I don't think is too unreasonable if I graduate with a first.

Reply 164

_anyawalsh

Original post by Tyrion_Lannister

Exactly the money is nice but it's not a big deal. I don't know why people are so hung up on it

As long as I'm above minimum wage then I'll be happy haha

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Reply 165

jj193

Original post by TheIrrational

Hey, im maths undergrad at warwick too.

40-70k at the peak of your career? some people start on that.

Reply 166

EcstaticMind

My dad earns £20000-£24,000 and about £11000 saved after all the expenses this year when I asked my dad. But we did buy a TV and a gaming computer as he promised us. So normally he said he would save around £15000. I think that's alright for someone with only 3-4 GCSE equivalent grades IMO. Although he works his butt off for 11 hours a day and maybe one day off every 2 weeks. Me and my bro are planning to work for 5 hours everyday in the 6 weeks holidays and give it my dad so he can ease off his work, feel bad for him :/.

I would want to have £30k or more annually. I'm planning to get a degree(s) or A-Levels at-least. I would be really happy with £50k a year for less hours a day so I have time for leisure. Anyway atleast us people aren't living off a £1 a day like in some other countries. I could say I couldn't care less how much I earn't but then I'd be lying to myself. :s-smilie:

(edited 11 years ago)

Reply 167

TheIrrational

Original post by jj193

Hey, im maths undergrad at warwick too.

40-70k at the peak of your career? some people start on that.

Hey nice, what year?

I know, but I'm really not interested in finance. Really looking at GCHQ jobs and computer security and cryptography jobs which vary from £70k - £110k with experience. REALLY avoiding finance which are the huge starting salary jobs.

What're you looking at when you graduate?

Reply 168

Sami'

Original post by TheIrrational

Why is it that you're avoiding Finance?

Reply 169

Katiiex

I'm on £18,000 a year at the min and I manage but still struggle because my rent has gone up, I'd be happy with £20,000 as I could live comfortably on that x

Reply 170

SPB

Planning on wife, many kids as God allows, so would be happy with around 50-70k a year. Will be a bit of a downgrade, grew up in a household with combined wealth of over 300k a year, but don't care really. God > Family > Money.

Reply 171

JayTeeKay

Original post by Tuerin

Any degree can potentially lead to 120k+. Many people don't even have degrees and are billionaires. No degree, excepting perhaps the medicines, but definitely not physics, arms graduates with the concrete prospect of earning an average of 120k 10 years after graduation. Among the better paid degrees are probably law, economics, engineering, medicine, maths and related subjects. Arts degrees like English can ultimately be applied to lucrative careers in law, PR, politics etc. The point is, resist making up facts and figures.

Physics (at Warwick at least) pays better than the highest-earning engineering degree (those who graduate from the mechanical engineering stream). I'm unsure to what extent this is skewed by the number of physics graduates heading off into investment banking relative to the engineers, but there are physics posts in industry (and indeed engineering posts available to physicists) at least on a par with an engineer's expected earnings.
Physics also pays better than maths and most of the law degrees I could find. English and other arts subjects tend to hover around the bottom of the pile with £17-£20k starting salaries. Economics does better by about 1.5k (about the same as computer science), and medicine (as expected) has very high projected earnings).

http://www2.warwick.ac.uk/services/scs/started/gradstats/gems/external/

Reply 172

TheIrrational

Original post by Sami'

Why is it that you're avoiding Finance?

I'm not a fan of stats, I've been sticking with pure/computing maths, the long days don't sound to fun, it just doesn't look like a career I would enjoy, I haven't completely ruled it out, but there is far more that I would enjoy more. I'm going to go for something I would enjoy over the insane salaries which come with banking :/

Reply 173

manga

No one has mentioned if we're talking about net or gross salary. I'm on 28k a year and living a little tightly - my net income is £1600 per month which, after mortgage and bills and food and purchases for the house doesn't amount to too much left over. But I guess having a house means I don't have to save up for too much anymore other than that holiday I'd like once a year..

This was posted from The Student Room's iPhone/iPad App

(edited 11 years ago)

Reply 174

Booyah

I know my starting wage will be relatively low as a junior doctor (25k or so). But I hope it will move up to 300k+ when I specialise :smile:

At the end of the day, it depends on the field, but I suppose the more complex/interesting the field the more pay :smile:

Reply 175

Sarah-Jane-mee

I think considering my chosen career path a minimum wage of 100,000 is realistic and 120,000 is achievable, which I'm very delighted with....... And it can definitely cater for my financial needs, since I'm a very heavy spender!!!!!

£35k...a minute.

Original post by Sarah-Jane-mee

What career path is this with a minimum wage of 100k?

Reply 178

l-adymadonna

Original post by Donald Duck

EEM at Oxford. I'm comparing it to the first job I got.

unrelated to the topic, but could i ask if they're still offering EEM? can't seem to find it on their website :\

Reply 179

gr8wizard10

Been thinking about this a lot quite recently and I've come to the conclusion that as long as it's enough to sustain a family home and allow me and my wife/children to live a fairly moderate life, I don't care. Salary =/= happiness.