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

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    Not even going to lie.
    Anything over 300k would make me happy.
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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:
    I'm on 27k, live independently and live very comfortably.
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    (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 )
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    (Original post by sr90)
    I'm on 27k, live independently and live very comfortably.
    Man, we must have different definitions of 'very comfortably'!
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    £30,000

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    (Original post by Etomidate)
    Man, we must have different definitions of 'very comfortably'!
    What is your definition?
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    (Original post by Etomidate)
    Man, we must have different definitions of 'very comfortably'!
    What is you definition of very comfortably? Like Jordan Belfort? xD
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    Frankly if you work in London in a professional role and you're not making at least £50-60k after a few years of work, then you're getting robbed blind, in my experience.
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    (Original post by SophieSmall)
    What is your definition?
    (Original post by DK_Boy12)
    What is you definition of very comfortably? Like Jordan Belfort? xD
    Nah not at all.

    Generally I aim to be putting away £400-800pcm into savings/investments.

    I eat out about 2-3 times per week with friends (with more than one course and drinks at a nice place, that is). Have drinks at a lounge/cocktail bar once or twice a week. Be able to buy a few nice pieces of clothing a few times a month. Go to a few music events a month. Live somewhere with extra space inside and out with nice furniture.

    :dontknow:
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    (Original post by Etomidate)
    Nah not at all.

    Generally I aim to be aiming to put away £400-800pcm into savings/investments.

    I eat out about 2-3 times per week with friends (with more than one course and drinks at a nice place, that is). Have drinks at a lounge/cocktail bar once or twice a week. Be able to buy a few nice pieces of clothing a few times a month. Go to a few music events a month. Live somewhere with extra space inside and out with nice furniture.

    :dontknow:
    You just described the level of living of someone who earns £30k after tax xD
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    (Original post by DK_Boy12)
    You just described the level of living of someone who earns £30k after tax xD
    Again, we're not talking about someone who earns £30k after tax. We're talking about someone who earns £27-30k pre-tax.
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    (Original post by Etomidate)
    Again, we're not talking about someone who earns £30k after tax. We're talking about someone who earns £27-30k pre-tax.
    £30k pre-tax is £26k after tax, which is not that much different :/
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    (Original post by DK_Boy12)
    £30k pre-tax is £26k after tax, which is not that much different :/
    £30k after tax, student loan and pension is £21,100.
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    (Original post by Etomidate)
    £30k after tax, student loan and pension is £21,100.
    RIP Money

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    My degree starting salary is at £38,000
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    (Original post by Etomidate)
    £30k after tax, student loan and pension is £21,100.
    You can't count that as an expense, pension is an investment, which you may choose or not to do, and student loan is subjective, you might not even have one...
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    (Original post by DK_Boy12)
    You can't count that as an expense, pension is an investment, which you may choose or not to do, and student loan is subjective, you might not even have one...
    Good luck with your financial planning goals of 2016.
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    (Original post by Etomidate)
    £30k after tax, student loan and pension is £21,100.
    Pensions aren't necessarily deducted from salary. Mine isn't, in fact it's added on as an extra 10% of takehome.
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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:
    Were you raised at Clarence house perchance?

    30K would be living the dream for me. Personally I'll be over the moon to finally earn 21K after earning 12-15K for 4 years. 21K means independence for me - pay my own rent/bills, survive by myself. 21K+ means a life of luxury (i.e. money left over after rent and bills for whatever I like). I grew up in a household on less than 21K with 2 kids so 21K+ is more than comfortable to me.

    I can't actually understand how someone would think 30K as a single person would be anything less than comfortable.
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    (Original post by somethingbeautiful)
    Were you raised at Clarence house perchance?

    30K would be living the dream for me. Personally I'll be over the moon to finally earn 21K after earning 12-15K for 4 years. 21K means independence for me - pay my own rent/bills, survive by myself. 21K+ means a life of luxury (i.e. money left over after rent and bills for whatever I like). I grew up in a household on less than 21K with 2 kids so 21K+ is more than comfortable to me.

    I can't actually understand how someone would think 30K as a single person would be anything less than comfortable.
    Not at all. I just work like a dog for my salary and hope to have a nice lifestyle in return.

    At the end of the day, I appreciate it's all relative and we all have different perceptions of lifestyle.
 
 
 
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