What do you consider a good salary?

festa5 said:
Well of course.

But younger people are more likely to have younger kids and therefore incur those costs (at a time of life where they're also probably not as well paid too).

Not to mention the fact that kids are not exactly cheap when they get older. Loads of extra costs.

And unless you happen to be a teacher yourself you'll still have 13 weeks or so school holidays to cover no?

It was just an example of extra financial pressures.
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Oh I agree. But it again shows that this discussion is so hard to be anything like meaningful unless so many factors are discussed and examples given yet some on here same to not want that and want a simple answer like "£36k" with no discussion.
 
Too broad a question really, very much depends on what the person does for that 'salary'
For example a Junior Doctor getting £14 an hour is shameful and pathetic and is nowhere near a 'good salary'

I get, in realtive terms to the national average, a ridiculous amount of money but is it a 'good salary'?
Yes, if you're looking purely at the numbers to live off and in terms of my 'worth' to the client the obscene figure is probably about right so in those terms, again yes. But someone else along side me in an important role not as niche will get somewhere double the national average, is that still 'good'? yes as a number but not compared to me.

I look at the UK average of £33.5k and I have no idea how families cope and can see the inexorable descent of Joe Average into poverty, if they're not there already.

Where's it gonna end?!
 
alvez_49 said:
I wrote the thread in two minutes. I would have thought people could read

'What is a decent wage these days'

And figure out to just answer the question

I didn't write 'I earn 100k is that a good wage these days compared to what you guys earn?' 😂
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But then if I start a thread entitled "How long does a piece of rope need to be?" do you think I would just get a load of simple numerical answers?

People started initially saying £50k is a "basic" salary and then people start to counter that with examples of it not. Then people who earn less than £50k giving examples of situations where 50k is excellent and others where 50k is not enough.

If the thread did stick to just simple numerical answers it would have been a worthless thread unless further reasoning and contexts offered. But you don't like that as you seem to think people are bragging in some sort of competition which is mental as nobody knows anybody else anyway.
 
A good salary is different for everyone

My definition of a good salary is keeping a roof over your head, putting food on the table and having a disposable income after to have luxuries in life, such as taking the kids to the farm, theme park.
 
Just as side not, just by purely judging people posts on here, some people have hit the luck tree if they earn more than 50k 🤣🤣
 
Support Your Local Team said:
But then if I start a thread entitled "How long does a piece of rope need to be?" do you think I would just get a load of simple numerical answers?

People started initially saying £50k is a "basic" salary and then people start to counter that with examples of it not. Then people who earn less than £50k giving examples of situations where 50k is excellent and others where 50k is not enough.

If the thread did stick to just simple numerical answers it would have been a worthless thread unless further reasoning and contexts offered. But you don't like that as you seem to think people are bragging in some sort of competition which is mental as nobody knows anybody else anyway.
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It would simply be a thread of numbers what people thought was a good salary.. as per the title of the post, the question within the post.

People could have written things like

Well if 33k was a good salary in 2001 then 120k would be a good salary in 2023.

Or even if someone has no mortgage 30k is a fine salary, if someone has a mortgage of 400k then 120k is a good salary.

Essentially you know.. answering the question.
 
Me and the wife earn about £75k py between us , up from 60 last year , we live well now that we have no debt apart from the mortgage.

But that rise and standard of living i would say has only meant we've stood still.

We have both risen up the ranks from basic wage roles over the past 20years.

I have friends who earn less and are happy and many more who take home considerably more who are struggling alot with over commitment on mortgages cars etc. Overcommitting on avaible credit and mortgages way too high.

our mortgage is up in 2026 and will go from 500 to 800 , some of my pals are going from 1250 to 2k plus which is terrifying

Now in our 40s we live within our means and have learnt the lessons of the past.

We bought 2001 so we were setup for life with the property boom at 21, but friends who waited for whatever reason until their 30s to buy paid 3x the house prices for similar properties . I would say we were lucky .

i really feel for my kids , and don't see how people born post 2000 are going to be able to afford to live , its frightening. i think my kids will be home till their mid 30s i think through no choice of their own.

I alsofeel for those who through no fault of their own cant work or are elderly and sometimes i wonder how they are surviving, i donate to the foodbank every week if i can as it could easily be us.
 
alvez_49 said:
It would simply be a thread of numbers what people thought was a good salary.. as per the title of the post, the question within the post.

People could have written things like

Well if 33k was a good salary in 2001 then 120k would be a good salary in 2023.

Or even if someone has no mortgage 30k is a fine salary, if someone has a mortgage of 400k then 120k is a good salary.

Essentially you know.. answering the question.
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Ah ok. I get that.

In any future threads you start you best make it very clear that you don't want anybody ever discussing eachothers answers with questions or counter examples etc. Just keep quiet if anybody posts anything you want to query or debate.
 
boro_shirts said:
Me and the wife earn about £75k py between us , up from 60 last year , we live well now that we have no debt apart from the mortgage.

But that rise and standard of living i would say has only meant we've stood still.

We have both risen up the ranks from basic wage roles over the past 20years.

I have friends who earn less and are happy and many more who take home considerably more who are struggling alot with over commitment on mortgages cars etc. Overcommitting on avaible credit and mortgages way too high.

our mortgage is up in 2026 and will go from 500 to 800 , some of my pals are going from 1250 to 2k plus which is terrifying

Now in our 40s we live within our means and have learnt the lessons of the past.

We bought 2001 so we were setup for life with the property boom at 21, but friends who waited for whatever reason until their 30s to buy paid 3x the house prices . I would say we were lucky .
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Mate don't offer any input like that.

Just say "£48 732 is a good salary" and move on or he'll have a fcukking fit.
 
£200/day, grand a week?

£52k gives you £39k pick up and would give a good standard of living in my opinion for a couple

shopping £5000
rent/mortgage £8000
utilities £2000
council tax £2000
2 cars £12000
phones £240
ent/holidays £10000

total £39240
 
All people do by sharing personal details is open themselves up for judging.

I saw a quote from joe rogan along the lines do whatever makes you happy, but don’t impose what you want on other people

For instance I wouldn’t spend money on a brand new vehicles but I wouldn’t judge anyone else if they did
 
It all depends on factors such as where you live, size of mortgage/rent, kids at uni, ex-wife, HP payments etc etc.
My salary in NZ is equivalent to about 70k pounds. That was fine a year or so ago but with rising costs I'm needing about an NZ$10k rise this year so that I don't go backwards. However, having said that, I'm paying my mortgage off at a far quicker rate than needed so could reduce those payments if needed.
In fact, I'd have paid the bluddy mortgage off by now if it wasn't for the Boro. I've extended it twice to get to the FA Cup final and UEFA cup final!
This cruel love affair always seems to leave me worse off.
 
I do wonder if the increase in home working is reducing these regional skews.

I've been home based for the best part of 20 years, by southern based employers with colleagues from all over the country. Not 100% at home - has varied from a few days a week away to my current job which only needs me to travel every couple of months.

Having been in a position to discuss offers we make to prospective new recruits I know their location makes zero difference to what we offer.

I remember being interviewed by Sage in Newcastle around 10 years ago for an office based role and when salary was discussed they thought what I was on was high for the north east, but my response was that due to my circumstances it was a national salary, not a regional one.

That didn't seem to hold much sway with Sage at the time, but post COVID whilst the level of home working has dropped back, it's still at a much higher level than before. A couple of colleagues have recently left to home based roles and I certainly wouldn't feel I needed to either relocate or restrict myself to north east employers in future.

In fact when looking around a couple of years back I did find a few roles in Newcastle that I knocked back, but salary certainly wasn't the reason.

Obviously it'll vary dependent on industry, but in my field, short of roles in central London or Thames Valley, I don't see that much regional variation.
 
alvez_49 said:
It would simply be a thread of numbers what people thought was a good salary.. as per the title of the post, the question within the post.

People could have written things like

Well if 33k was a good salary in 2001 then 120k would be a good salary in 2023.

Or even if someone has no mortgage 30k is a fine salary, if someone has a mortgage of 400k then 120k is a good salary.

Essentially you know.. answering the question.
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Perhaps you should have put your "rules" when posting the original thread to ensure that no one spoilt your beautiful vision of how you imagined the thread would go ?

I'm guessing you've not been using the internet very long if you think that posting a vague question will give you exactly the answer you wanted.
 
The_Lizards_Jumpers said:
Perhaps you should have put your "rules" when posting the original thread to ensure that no one spoilt your beautiful vision of how you imagined the thread would go ?

I'm guessing you've not been using the internet very long if you think that posting a vague question will give you exactly the answer you wanted.
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1st week mate I'm still learning... Fortunately several posters got the brief.

I was sticking up for the people on this thread that have felt bad because others are alright jacking but you craic on.

To be honest I can't believe it's got to nearly a double ton.
 
BaronSmoggie said:
I am in a single income household, my wife is a full time mum to our disabled daughter. We are in a good position financially as I earn north of 70K a year. However, the decision we made to move South has seriously degraded our ability to save and look at early retirement. Where you live is just as important as what you earn. If we had remained on Teesside, we would have been much better off.

Money these days just doesn't seem to go as far as it used to.
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Spot on. Like I said - its all relative. £70K in the South East is like £25k in other parts of the country. I dont know anyone else`s circumstances. From just perusing the cost of rooms and flats in London, I cant imagine the stress and worry of people on low incomes, zero hours, with kids and families - how they keep their heads above water is frightening.
 
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