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Would you say 40k a year is a good salary? What salary would you be happy with? watch

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    I'd be happy on half that amount.
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    I would be very happy.
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    I would be perfectly happy with that. I'd be happy with 20k after a few years of experience to be honest. Money isn't something that drives me - so long as I have enough to live, I'd happily sacrifice the extra 20k if I was in a worthwhile job I enjoyed.

    Also, hopefully I'll get married one day - if that happens, then even if both my partner and I were earning around 15k, our joint income would be 30k which would be great.

    Maybe I just have low expectations, but looking into the jobs I'm interested in, they aren't necessarily the most highly-paid jobs, but as I said, that doesn't bother me.
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    I'd be friggin ecstatic on half that amount.
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    (Original post by d123)
    I would be perfectly happy with that. I'd be happy with 20k after a few years of experience to be honest. Money isn't something that drives me - so long as I have enough to live, I'd happily sacrifice the extra 20k if I was in a worthwhile job I enjoyed.

    Also, hopefully I'll get married one day - if that happens, then even if both my partner and I were earning around 15k, our joint income would be 30k which would be great.

    Maybe I just have low expectations, but looking into the jobs I'm interested in, they aren't necessarily the most highly-paid jobs, but as I said, that doesn't bother me.
    This is a really good attitude I think, and I also have another quote which reflects it by Steve Jobs:

    "You've got to find what you love. And that is as true for your work as it is for your lovers. Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do. If you haven't found it yet, keep looking. Don't settle. As with all matters of the heart, you'll know when you find it. And, like any great relationship, it just gets better and better as the years roll on."
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    Absolutely.

    That said, I lived on my dad's pension and my mom's 8k a year for my teenage years. S'all good.
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    (Original post by Treben)
    This is a really good attitude I think, and I also have another quote which reflects it by Steve Jobs:

    "You've got to find what you love. And that is as true for your work as it is for your lovers. Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do. If you haven't found it yet, keep looking. Don't settle. As with all matters of the heart, you'll know when you find it. And, like any great relationship, it just gets better and better as the years roll on."
    Good quote
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    My happiness, beyond basics, will not be tied to my salary.
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    It's a good salary, but I have personally set my goal at about 100k because the profession I'm looking at pays really well, and need specialism and stuff like that. Then again, I'll have to work for it - there's about 6 exams after I get my degree which apparently take a few hours each...

    Although 40k is well above average, when you take tax, mortgage payments, cost of cars, holidays, household bills, and food out of tht, I can't imagine there being a great deal of cash left for all those extravagant purchases I plan to make during my working life.
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    My goal is 100k. I know that I'm capable of achieving it, the only thing that would stop me is my horrific bone idle tendancies. Plus, got £100 bet that I'll be a millionaire by 30
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    £40k is nice, but I'm aiming for more. I've been offered an entry level salary of £28k for Sept 2010, so I am hoping to at least treble that (or the equivalent) before I retire.
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    No not really. I wouldn't be happy unless I was earning $300K+ but then I'm a banker so am inherently greedy and evil.
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    (Original post by Georgiedotdog)
    It's a good salary, but I have personally set my goal at about 100k because the profession I'm looking at pays really well, and need specialism and stuff like that. Then again, I'll have to work for it - there's about 6 exams after I get my degree which apparently take a few hours each...

    Although 40k is well above average, when you take tax, mortgage payments, cost of cars, holidays, household bills, and food out of tht, I can't imagine there being a great deal of cash left for all those extravagant purchases I plan to make during my working life.
    actuary?
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    40k is a good salary to earn imo
    Its enough to cover the basics, and after tax you can still have enough to buy whatever you want.
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    i could happily survive on half that. i'm not particularly materialist.
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    Yes, it's a good salary.

    Well put it this way, I'd be quite happy with that, especially if I'm in a job that I enjoy. It's about 3x our household income and we live quite comfortably There's a few £k in debt, but it's getting close to being paid off now!
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    (Original post by JW92)
    In an enormous thread, you are the only poster who seems to have their head screwed on. I'll try and remember to rep later.
    My response wasnt based on an imaginary vision of my career, finances and happiness. I have been living in the real work since i went and got a job and my own place at 18. I know my job, and i know what I earn, what I am likely to earn in the next few yrs, and what I can potentionally earn in the future (i keep a very close eye on the job market in my chosen field)

    I know very well my own life balance, what is required to be happy and no money doesnt do that on its own, but it does facilitate other things which do. Social life, hobbies, stress levels etc are all effected by financial stability.
    I am happier now than when i was earning in the £17k to £22k (while an apprentice) ; not because I was hard up, but because I have less financial stresses, can take nice holidays without getting in debt, can afford to finance my education comfortably, can do all the nice things I like to do, all without living in debt or my overdraft.

    No, money does not buy you happiness, but it does make things a hell of alot easier in order to gain happiness. :yes:

    Disclaimer: This of course is all assuming you enjoy your job - hate your job and this will bleed into everything you do.
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    (Original post by Lafin23)
    Not saying you're stupid, but it was your most recent post...so, coming back to what you said about being delusional about leaving uni on 35k;

    http://business.timesonline.co.uk/to...cle6740749.ece

    I know this isn't generally applicable, but there are definitely some professions where talented graduates walk into extremely high-paying jobs.
    i didn't say that it NEVER happens. What I'm saying is that 90 - 95 percent of students will NOT walk out of Uni into a job where they are being paid more than or equal to 27-28K. And that is a fact. Only students from the top 10 or so Uni's in the country will have a chance at it. And considering that there are WAY more Uni's out there that are nowhere near as good, the majority of graduates will earn nowhere near the stated amount. And on that conclusion, 40K is a great salary for the majority of people living in the UK.
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    (Original post by Flying Scotsman)
    Lol, my dad earns about 50k and I always get the impression that we are really poor! But this is to support 6 people I suppose..
    yeah that is a lot different. I'd imagine if she'd had 3+kids money would probably be more tight. Luckily for her I'm not one of those kids who wants to go on ski trips in France and such with their school/sports club.
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    It's a respectable salary, but budgeting still needs to be taken into account.
 
 
 
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