What Is A Good Salary? General Chat

[Ginger Ted]

Based on living in UK but outside of London. Not a bragging contest or to say how much you earn.

I'd say I could live off 30k and have an okay life, I've managed it on a lot less. But nowadays I'd say minimum 60k if you want a nice house, take kids to decent activities, and have a couple of holidays a year.

 

[Jenna]

£30k is nothing these days unless you just want to exist, to live a decent single life I'd say get to £40-45k, if you've family you'll need a hell of lot more.

 

[Dylan]

An absolute minimum is 30k IMO, but as above, far too many variables and individual circumstances to be precise.

The only thing I do know is the price of pretty much everything is now a pisstake.

 

[David76]

It depends on so many factors, age, personal circumstances and lifestyle have such an impact.

I am lucky that I have gone through the tough times and come out the other side and am now debt-free, I have worked out that all of my monthly bills come to just under £700. I allow £1300 a month for everything else so £2k a month sees us through.

I feel for people now when I hear about £1000 a month mortgages and £500 a month car payments.

 

[Gemma]

A good salary is subjective to the individual and his/her lifestyle and circumstances. I know people who earn a very modest salary and get by and I know a couple of people who earn £150k who struggle due to their lifestyle choices.