The Student Room Group

How much would you like earn a year (what would you be happy with?)

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Original post by Etomidate
Surprised at people actively aiming for £30k. It's pretty difficult to live in your own place on £30k with a decent lifestyle and still be able to save money.

Maybe that's just me, though :dontknow:


You mean, have a flat for yourself?

30k a year is 2.5k a month

If you spend 1k in all accomodation expenses + food, which I'm rounding way up, you still have 1.5k left a month. How do you budget a 2.5k salary? :dontknow:

I live in a 3 bedroom new house dead in the centre of norwich, and it costs £800 a month. With 1k I could pay this and council tax and still have some left over for food. And this is a 3 bedroom house with backyard and parking space.
Reply 61
Original post by Imperion
You're a lyrical genius. We should like, collab. You write the song, I sing itcoz'wedon'tneedppldeaf

That was heavy man :cry2:


Ur I don't need you bringing me down. How about I write and I sing and you just sit there and watch :wink:

My voice is good 😐

And I know. I had tears as I was writing it
30k starting, 60k by my 30s and hopefully over 100k end career.
Original post by DK_Boy12
You mean, have a flat for yourself?

30k a year is 2.5k a month

If you spend 1k in all accomodation expenses + food, which I'm rounding way up, you still have 1.5k left a month. How do you budget a 2.5k salary? :dontknow:

I live in a 3 bedroom new house dead in the centre of norwich, and it costs £800 a month. With 1k I could pay this and council tax and still have some left over for food. And this is a 3 bedroom house with backyard and parking space.


Is Norwich a tax haven?

£30k is more like £1800 post tax and student loan. Minus your £800pcm rent and £70pcm council tax and you've got £930 to pay for electric, water, gas, internet, phone. Then minus car, transport, parking costs.

Doesn't leave you much to play with while saving for a house, family etc. unless you really want to knuckle under.
(edited 8 years ago)
Reply 64
30k is fine with me.. I'm not greedy

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Original post by ZuluK
Ur I don't need you bringing me down. How about I write and I sing and you just sit there and watch :wink:

My voice is good 😐

And I know. I had tears as I was writing it


How is that a collab? :indiff:

If it lets you sleep at night, it is.

Y u do dis? That hurt mah feelingz!!11! :cry: I thot I wz specurl :sad:
Original post by Etomidate
Is Norwich a tax haven?

£30k is more like £1800 post tax and student loan. Minus your £800pcm rent and £70pcm council tax and you've got £930 to pay for electric, water, gas, internet, phone. Then minus car, transport, parking costs.

Doesn't leave you much to play with while saving for a house, family etc. unless you really want to knuckle under.


Sorry I meant 30k after tax.

And yes, but obviously you are not going to rent a 3 bedroom house for yourself. This was just an example. Put the house down as £650/month with council tax for a decent 1 bedroom. Food for 1 person = £100/120 quid (rounding up, I spend about 80, and I eat good stuff). Water + gas + electric + internet = £100/ month. Lets say £100-£150 quid for a car.

Worst case scenario this makes a total expense of £1020 per month. I'm not counting family because in that case we would be looking at a household income and not just at 1 individual's income.

Still £1500 to play with.
(edited 8 years ago)
Original post by DK_Boy12
Sorry I meant 30k after tax.


... So we're talking about two entirely different scenarios here.
Not even gonna lie... more than £200k. :colondollar:
£30,000
15k+ and I'd be happy enough, though I probably have differing priorities. I don't plan to have a family so I don't have to worry about being able to afford kids. Rent here is cheap, and I don't tend to enjoy lavish things any more than ordinary things so I'm not a big spender. So long as I have enough money to pay for the roof over my head, food, bills, socialising and pocket some money in savings for a rainy day without worrying then I'm happy.
Depends on the industry
Reply 72
Enough to live in west or north Inner London comfortably.


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I'm not really sure what my starting salary would be because I'll probably have to get a PhD as soon as I graduate to be able to get a decent role in research

When I'm fully fledged in my career ~£40k would be more than enough. Though tbh, as long as I have enough money to keep food on the table and a roof over my head without struggling, I'll be happy
Starting on 25k minimum and eventually 100k plus.

I earned 20k flogging insurance in a call centre before returning to study, so I'd expect at least 25% on top of that after qualifying.
Reply 75
Original post by Imperion
How is that a collab? :indiff:

If it lets you sleep at night, it is.

Y u do dis? That hurt mah feelingz!!11! :cry: I thot I wz specurl :sad:


Um yeah it's not a collab whoops my mistake

You make me sleep at night :wink:

You are special to me but I'm sorry my voice comes first :colone: and you're just jealous of it
Original post by The_Internet
Yah. Full title being "Tier two network engineer" more like support or admin but that's the title they give us :smile:


I see. I wanted to do something like that for as long as I can remember, and then recently, Geography stole my fancy! XD
Reply 77
Not even going to lie.
Anything over 300k would make me happy.
(edited 8 years ago)
Original post by Etomidate
Surprised at people actively aiming for £30k. It's pretty difficult to live in your own place on £30k with a decent lifestyle and still be able to save money.

Maybe that's just me, though :dontknow:


I'm on 27k, live independently and live very comfortably.
Original post by sr90
I'm on 27k, live independently and live very comfortably.


It's definitely achievable if you're willing to not be a muppet with your budgeting skills and don't live in a ridiculously expensive area.

My brother is on 25k now and he has more money than he knows what to do with, lives in a nice house in a nice (not expensive) area. He can very easily just go out and buy a new TV on the whim if he wants one and not worry about money, in fact he bought 2 TVs as Christmas presents a long with other expensive electronics and gadgets for family members.

My aim really is to be able to live as care free as my brother (though I don't tend to buy loads of electronics :tongue: )

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