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Is 30k a year a decent wage to live on (outside london)? Watch

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    It's above the national averege so yes. Albeit if you have family/depenants/expensive habits it will disapear like piss down a drain.

    It'sodd i've seen fmilys who live on over a 100k a year live like paupers due to tax, debt etc. [peoples spending seems to disproportiontely go up with wage increases] and people living on 20k a year have far better quality of life.
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    (Original post by T-Raw)
    Thanks I appreciate the advice.. My situation is probably different to most on here as I have a young child and my partner does not work as she has to look after him when Im at work.. I have a bad feeling my money will be supporting us all for a longtime as she has shown little interest in returning to work. If I earn 30 and she earned 15 (she is unskilled) it would be less worrying.


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    Could you talk to her about getting a weekend or evening job that is part time?
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    (Original post by T-Raw)
    I am currently earning 23k a year at the age of 24. As a non-grad my future still looks okay as I am working in the field I want (Information Technology) and will most likely be moving up the ranks in my current company. Thing is I have a feeling most I'll earn is 30k at a push as I dont want to moveup to a position where I step away from the tech-side as I enjoy what I do and have found the higher up you go the more you stray from it.

    Looking at other tech roles it appears 30k is the general offering (top end) which makes me believe its the most Ill earn in this industry. Do you think its enough to live life on 30k a year and be reasonably comfortable? Or will I have to step-up into management to earn the big money? Again this isn't ideal as I like getting my hands dirty and not snowed down with paper work.


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    Although, I'm a GCSE student from London, I can say that earning 30k in London before tax is decent considering that the average wage is around 26k. If you're worried about moving away from the tech-side of things if moving up, I would advise speaking to someone who deals with this and see what they could possibly do.
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    Your doing exceptionally well to be on 24k at 24 with no degree.
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    Should be alright as a junior level employee within a company, but I'd look for opportunities to grow that over time.

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    (Original post by T-Raw)
    I am currently earning 23k a year at the age of 24. As a non-grad my future still looks okay as I am working in the field I want (Information Technology) and will most likely be moving up the ranks in my current company. Thing is I have a feeling most I'll earn is 30k at a push as I dont want to moveup to a position where I step away from the tech-side as I enjoy what I do and have found the higher up you go the more you stray from it.

    Looking at other tech roles it appears 30k is the general offering (top end) which makes me believe its the most Ill earn in this industry. Do you think its enough to live life on 30k a year and be reasonably comfortable? Or will I have to step-up into management to earn the big money? Again this isn't ideal as I like getting my hands dirty and not snowed down with paper work.


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    30k a year is more than enough for you to LIVE on but its not very good if you want to enjoy your life, like spend money on anything you want at any time.
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    (Original post by chosenone93)
    Your doing exceptionally well to be on 24k at 24 with no degree.
    Well, not really. It depends what else you can do. I would have thought a McDonalds trainee manager would start on more than £20,000.

    If you're not a graduate, that could be as much as 8 years in the workplace unqualified, or 5-6 with some sort of qualification.

    Unless a person is completely lacking in ability or ambition, 5-8 years is a long time to rack up seniority in even quite mundane jobs.
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    (Original post by PHD2027)
    like spend money on anything you want at any time.
    Lmao. And how much would one need to spend money on anything at any time?
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    (Original post by Reue)
    Lmao. And how much would one need to spend money on anything at any time?
    40k < x
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    (Original post by JTran38)
    Although, I'm a GCSE student from London, I can say that earning 30k in London before tax is decent considering that the average wage is around 26k. If you're worried about moving away from the tech-side of things if moving up, I would advise speaking to someone who deals with this and see what they could possibly do.
    Don't you think it depends on loads of things? Most of all whether or not you live with parents (i.e. no housing costs) if that's the case, then £30,000 gross is a king's ransom.

    A person living relatively central in family home would have tons of disposable income. A person living by themselves and having to run a car would have much much less - and these are kind of circumstantial.
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    (Original post by PHD2027)
    40k < x
    I make that and certainly can't spend on anything I want at any time
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    (Original post by Reue)
    I make that and certainly can't spend on anything I want at any time
    I didn't mean like buying a mansion by "anything".
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    (Original post by 1010marina)
    30k is fantastic. A lot of people live on less than half of that. You'll live well
    It's not fantastic, it's an average wage and certainly it would be tough to raise a family on it in London. I'm not saying this out of snobbery because I'm not like that, but if you pretend it's more than it is, you neglect the fact it would still require budgeting and self-sacrifice.
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    (Original post by PHD2027)
    I didn't mean like buying a mansion by "anything".
    but thats what I want...
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    To be honest, it seems to be that it's having a family that is the real drain on finances.

    If there's just you, or yourself and a partner, I'd imagine it would certainly be enough for a good standard of living.
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    (Original post by Atlas Thugged)
    It's not fantastic, it's an average wage and certainly it would be tough to raise a family on it in London. I'm not saying this out of snobbery because I'm not like that, but if you pretend it's more than it is, you neglect the fact it would still require budgeting and self-sacrifice.
    Self sacrifice from what?
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    (Original post by 1010marina)
    Self sacrifice from what?
    If you're living in London, you have a wife and 2 children and you're earning 30k, you're not gonna be going to Dubai twice yearly.
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    (Original post by Reue)
    but thats what I want...
    How much do you make and your profession?
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    (Original post by Atlas Thugged)
    If you're living in London, you have a wife and 2 children and you're earning 30k, you're not gonna be going to Dubai twice yearly.
    And you consider that "living comfortably" and not excessive luxury?

    Go to Barcelona for a weekend it's £200 and you'll have a cracker.
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    (Original post by 1010marina)
    And you consider that "living comfortably" and not excessive luxury?

    Go to Barcelona for a weekend it's £200 and you'll have a cracker.
    Since when is a trip to Dubai 'excessive luxury'?

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