Annual Income

[Mr Silver]

The Average UK Annual Salary is £24,000 ($37,808), according to National Statistics...I know that I would be very comfortable making that

Purpose of thread? Vote in the poll, if you don't want to discuss what you make, don't worry, this is just a thread to discuss money and earnings, for the added benefit of privacy, i've made sure "Vote Displays" are turned off, for the benefits of ease (and because a large majority of posters are American) i've used USD figures

Thoughts?

 

[Gryffindorian]

Aw, I would've liked to see who made $100K+.

 

[RoJoHen]

I think another thing to factor in here is age. I'm only 25 and have yet to start a career, so I would really hope that somebody who is 40 or 50 would be making a lot more than me.

As it is, I make about $25-30,000, which is plenty for my current lifestyle and pretty average for the area in which I'm living. Considering I'm a bartender who only works about 20 hours a week, I'd say that's not a terrible wage.

 

[Mr Silver]

As it is, I make about $25-30,000, which is plenty for my current lifestyle and pretty average for the area in which I'm living. Considering I'm a bartender who only works about 20 hours a week, I'd say that's not a terrible wage.

Thats a fantastic wage for the hours you work and it gives you something to build upon (saving for a Car, House/Apartment, etc) without seriously taking away your existing lifestyle

Consider yourself lucky, The Tax and National Insurance combined is 31% of your annual wage here in the UK, with the personal allowance set at around £6,500 ($9000)

 

[RoJoHen]

Yeah, I am perfectly able to afford everything I need (rent, car payment, bills, etc), save money, and have stuff leftover to have fun. I'd love to make more, mostly so I can increase my savings, which took a significant hit last year when I moved away for 6 months.

The way the job market is, though, I'm just happy to be employed.

 

[Miss Chicken]

I am on a Disability Support Pension and I get around $18,000 a year. I live quite comfortable on it.

 

[Holdfast]

My mother always told me never to discuss my salary, so I while I voted in the poll, I'm not going to talk about that in the thread!

I will say, that my hourly rate has shot up dramatically since I left full-time work earlier this year. I earn more or less the same as I did before, but work at most a quarter to a third of the hours. Self-employed is definitely the way to go.

However, the topic in general does remind me of a short post I wrote a while ago, on how happiness has a sigmoidal relationship to income, which might be interesting to readers here. There's a huge "flat" portion of the curve between incomes of about 40k and 100k (sterling, rather than USD) where increasing income doesn't bring increasing happiness because marginal costs increase due to people not living wisely in that range.

 

[RoJoHen]

I think income is a very interesting thing, especially when you compare it to cost-of-living in various areas. My income in my current town is plenty to support myself, but if I were making the same amount of money in, say, downtown Chicago, I'd barely be able to survive.

 

[Mr Silver]

I think its just staggering how much money we squander on useless shit, I'm just as guilty as anyone else!! In the UK the estimated expenditure over the Christmas Season on Alcohol alone is around £1 Billion!! (yes thats the UK Billion, a thousand million)

While I appreciate we all need to enjoy ourselves, spending a ludicrious amount of money on Booze is just awful, thats £14 for every single person in the United Kingdom (that works out at about 30 Beers, bought in bulk)

 

[RoJoHen]

Oh yeah, I have cut way down on my drinking over the last couple years, and it's amazing how much extra money I have (and explains why my Blu-Ray library has seen a dramatic increase in volume ).

 

[Holdfast]

While I appreciate we all need to enjoy ourselves, spending a ludicrious amount of money on Booze is just awful, thats £14 for every single person in the United Kingdom

I think spent around £250 on my Christmas order from the Wine Society this year.

In my defence, much of that represents presents for other people!

Talking of money and salaries always puts me in mind of this immortal scene from Glengarry Glen Ross (warning, possibly NSFW strong language):

[yt]http://www.youtube.com/watch?v=y-AXTx4PcKI[/yt]

 

[Candlelight]

I think it's around US$32,000, but then again New Zealand is usually lower than the rest of the world. I could earn at least another half if I moved across the ditch to Australia.

 

[Mr. B]

I'm going to refrain from publishing that information on the internet.

 

[iguana_tonante]

My mother always told me never to discuss my salary, so I while I voted in the poll, I'm not going to talk about that in the thread!

Same here.

Even if, given my job as a university post-doc, it's bound to be only marginally over naked subsistence.

 

[Kirkman1987]

This is a great thread because I'm happy to report I just got employed today.

I'm a 23 year old student so I hardly make any money. I get paid from the Army Reserve, but since moving to the city it hasn't provided nearly what I need. This job at the local gas station is a blessing. Should make my last year or so of college go much more smoothly, and maybe I can keep the job afterward until I find real employment.

 

[RoJoHen]

and maybe I can keep the job afterward until I find real employment.

Good luck!

That was my plan for my bartending job, and I've been stuck there for the last 5 years!

I think "real employment" is a myth, especially for people in our age group.

 

[Holdfast]

This is a great thread because I'm happy to report I just got employed today.

Congratulations!

My mother always told me never to discuss my salary, so I while I voted in the poll, I'm not going to talk about that in the thread!

Same here.

My mother told you that too?

 

[Kirkman1987]

and maybe I can keep the job afterward until I find real employment.

Good luck!

That was my plan for my bartending job, and I've been stuck there for the last 5 years!

I think "real employment" is a myth, especially for people in our age group.

I know what you mean, but I can dream.

 

[hamudm]

I don't know how a family could live on $37k! My wife and I pull in about $100,000/year between the two of us and we just tread water. Albeit, property prices are VERY high here. Our $1400 sq*ft townhouse is $300k by itself... nothing special and we both drive modest cars, nothing even remotely extravagant. We run on a tight budget, we aren't hurting by eating Ramen every night, but I can't even imagine living on even half of that... we'd be renting a box on the side of the road in these parts

 

[iguana_tonante]

My mother always told me never to discuss my salary, so I while I voted in the poll, I'm not going to talk about that in the thread!

Same here.

My mother told you that too?

She used to invite me for tea. Incredible woman. We talked a lot. About you, usually. Oh, the stories she told me.