What do you think is a good salary and why? Watch

Balloon Baboon
Badges: 19
Rep:
?
#21
Report 4 years ago
#21
(Original post by scrawlx101)
Just wondering...keep in mind bills,rent,needs and wants....

Good question. Personally, I think it depends on your outgoings. If you have hardly any outgoings, for example, if you live at home with your parents, you don't need such a high salary and can live well. On the flip side of that, if you have your own house, rent or martgage, water bills, gas and electric, food, wants, loans and such - you generally need a high level salary to live well.

I think anything over 18k you can live pretty well. Circumstances depending, of course.
1
reply
Balloon Baboon
Badges: 19
Rep:
?
#22
Report 4 years ago
#22
(Original post by miser)
I'd say a person earning £40k was doing pretty well for themselves.
Absolutely. £2,500 a month in your hand is more than enough.
1
reply
Gax
Badges: 16
Rep:
?
#23
Report 4 years ago
#23
£60-80k is quite alright isn't it?
0
reply
ebam_uk
Badges: 20
Rep:
?
#24
Report 4 years ago
#24
yeah I aiming to earn between the 60k to 80k earning potential.
0
reply
charl0tte90
Badges: 7
Rep:
?
#25
Report 4 years ago
#25
Depends on where you live and your own personal careers aspirations/expectations. £20k+ is my own personal goal for a comfortable life.
1
reply
white boy
Badges: 10
Rep:
?
#26
Report 4 years ago
#26
i assume most of you are plucking numbers out of thin air
10
reply
xDave-
Badges: 16
Rep:
?
#27
Report 4 years ago
#27
If we say a mortgage payment is about 1000 a month, then I'd like to be earning double that amount after tax. That's 24k; must be around 30k before tax? Maybe it's about 32k. Obviously I'd rather earn loads more though, but I can't see that ever happening.

(Original post by Balloon Baboon)
I think anything over 18k you can live pretty well. Circumstances depending, of course.
You sure? I get 17k and, after tax, that works out as just over 1k a month. 18k or 19k would only be a tiny bit more per month. There's no way I could afford anything more than a room if I tried to move out, and that would take around half of my wages. When you remove food, bills, travel, and general spending, I'm not sure there'd be anything left. And, when I say travel, I mean public transport; a car would be way too expensive.

You can live, I just dunno about living well.
0
reply
Gadlad
Badges: 1
Rep:
?
#28
Report 4 years ago
#28
(Original post by JoshZ)
There are some delusional people on this thread!!
And you are one of them!!!😎
0
reply
JoshZ
Badges: 10
Rep:
?
#29
Report 4 years ago
#29
(Original post by Gadlad)
And you are one of them!!!������
Great banter.
0
reply
Gadlad
Badges: 1
Rep:
?
#30
Report 4 years ago
#30
(Original post by JoshZ)
Great banter.
Mate seriously,that is the most cliched phrase people are using these days!i hear 6-7 times in my school everyday!please at least think of something else to say.😜
0
reply
Schrödingers Cat
Badges: 16
Rep:
?
#31
Report 4 years ago
#31
(Original post by solarplexus)
100-200k a year by at least age 45 after tax of course....

made by career salary and personal investments...

would make you very comfortable provided your out of debt by 35
Not even the prime minister earns £200k after tax
3
reply
SophieSmall
Badges: 21
Rep:
?
#32
Report 4 years ago
#32
(Original post by xDave-)
If we say a mortgage payment is about 1000 a month, then I'd like to be earning double that amount after tax. That's 24k; must be around 30k before tax? Maybe it's about 32k. Obviously I'd rather earn loads more though, but I can't see that ever happening.


You sure? I get 17k and, after tax, that works out as just over 1k a month. 18k or 19k would only be a tiny bit more per month. There's no way I could afford anything more than a room if I tried to move out, and that would take around half of my wages. When you remove food, bills, travel, and general spending, I'm not sure there'd be anything left. And, when I say travel, I mean public transport; a car would be way too expensive.

You can live, I just dunno about living well.
Do you live in London? Or another largely expensive area in the UK? If not that is plenty for a single person to live on. 1k a month is perfectly reasonable.
0
reply
Balloon Baboon
Badges: 19
Rep:
?
#33
Report 4 years ago
#33
(Original post by xDave-)
If we say a mortgage payment is about 1000 a month, then I'd like to be earning double that amount after tax. That's 24k; must be around 30k before tax? Maybe it's about 32k. Obviously I'd rather earn loads more though, but I can't see that ever happening.


You sure? I get 17k and, after tax, that works out as just over 1k a month. 18k or 19k would only be a tiny bit more per month. There's no way I could afford anything more than a room if I tried to move out, and that would take around half of my wages. When you remove food, bills, travel, and general spending, I'm not sure there'd be anything left. And, when I say travel, I mean public transport; a car would be way too expensive.

You can live, I just dunno about living well.

I lived on that pretty easily to be honest.
0
reply
SophieSmall
Badges: 21
Rep:
?
#34
Report 4 years ago
#34
(Original post by Balloon Baboon)
I lived on that pretty easily to be honest.
Considering how easily (some) student live on say the maximum student finance of 7 grand a year, there is no way unless in an area such as London that 17k is infeasible. I'm willing to bet they just can't budget or want to live beyond their means. I'd be absolutely over the mood with 17k! that's more more money than my entire household has ever lived on per year.
0
reply
Balloon Baboon
Badges: 19
Rep:
?
#35
Report 4 years ago
#35
(Original post by SophieSmall)
Considering how easily (some) student live on say the maximum student finance of 7 grand a year, there is no way unless in an area such as London that 17k is infeasible. I'm willing to bet they just can't budget or want to live beyond their means. I'd be absolutely over the mood with 17k! that's more more money than my entire household has ever lived on per year.

Absolutely. I can understand London living, sure. But for the rest of the UK, if you can't live on 17k - why not?
0
reply
Balloon Baboon
Badges: 19
Rep:
?
#36
Report 4 years ago
#36
(Original post by xDave-)
If we say a mortgage payment is about 1000 a month.

I didn't see this before. A mortgage payment of £1,000 a month?? What are you living in a mansion?
0
reply
Guills on wheels
Badges: 13
Rep:
?
#37
Report 4 years ago
#37
solid:

grad salary 25k
salary after 2 years 28k
4 years 32k
8 years 36k
eventually 70k

amazing:

grad salary 30k (you darn medics!)
2 years 34k
4 years 40k
8 years 70k
eventually 100k+
2
reply
Guills on wheels
Badges: 13
Rep:
?
#38
Report 4 years ago
#38
(Original post by SophieSmall)
Considering how easily (some) student live on say the maximum student finance of 7 grand a year, there is no way unless in an area such as London that 17k is infeasible. I'm willing to bet they just can't budget or want to live beyond their means. I'd be absolutely over the mood with 17k! that's more more money than my entire household has ever lived on per year.
1. No student lives 'easily' without parental support.
2. Have you ever lived in London?
3. 17k in London means a council flat, a lodger (illegal) and an empty fridge, most days. you can eat, but not well.
2
reply
SophieSmall
Badges: 21
Rep:
?
#39
Report 4 years ago
#39
(Original post by Guills on wheels)
1. No student lives 'easily' without parental support.
2. Have you ever lived in London?
3. 17k in London means a council flat, a lodger (illegal) and an empty fridge, most days. you can eat, but not well.
You seem to have missed the part of my sentence that clearly said "unless in london".
5
reply
Nader_KSA
Badges: 2
Rep:
?
#40
Report 4 years ago
#40
£100k+ a year


Posted from TSR Mobile
0
reply
X

Quick Reply

Attached files
Write a reply...
Reply
new posts
Latest
My Feed

See more of what you like on
The Student Room

You can personalise what you see on TSR. Tell us a little about yourself to get started.

Personalise

Have you registered to vote?

Yes! (427)
37.85%
No - but I will (87)
7.71%
No - I don't want to (76)
6.74%
No - I can't vote (<18, not in UK, etc) (538)
47.7%

Watched Threads

View All