What's your idea of a good salary?

[mph1977]

mikerons88 said:

I just cannot believe what I am reading .

Hopefully you feel suitably englightened

not really ,

you have stated that you cannot beleive what you are reading ...

what can you not believe ;

that the median average is the one typically used when talking about average wages/ salaries ?

the value ascribed to the average wage ?

the concept of the 'the living wage' ?

[mikerons88]

mph1977 said:

not really ,

you have stated that you cannot beleive what you are reading ...

what can you not believe ;

that the median average is the one typically used when talking about average wages/ salaries ?

the value ascribed to the average wage ?

the concept of the 'the living wage' ?

The amount you write to win at Internet

[lukefreeman]

A good salary is one where you do what you want, not feel limited at all, but still have 1/4-1/3 left over for savings at the end.

Numbers are irrelevant.

[croyde]

I still remember the shock horror headlines when it was announced that Anna Ford the news presenter was on £50k a year. Seemingly not long after, well probably ten years later, I started hitting £50k but it has stayed the same ever since.

Before we separated it was a decent wage that I only had to work 3/4 days a week to attain. It was a nice work/life balance but since the split I now have to try to work 5/6 days a week and am still struggling

Unfortunately there is not enough of my work to go round to always work at least 5 days a week.

[Japveesix]

sparks_E39 said:

It's good in Dorset! I know it's not loads but it's comfortable

100% agree with you, not everyone on PH is earning £70k+ and thinks anything below £100k is barely liveable.

If my girlfriend and I could both earn £25K then we'd be very comfortably off and have a totally different and financially very easy life compared to what we currently have. And we're both over 30 so would be considered failures by most in this thread for not earning our age+10 or in the first place.

Oh well, we're happy enough, earning the average would be lovely and sure we'll get there at some point.

[STW2010]

Reading the thread I can see why someone would think this:-

Japveesix said:

If my girlfriend and I could both earn £25K then we'd be very comfortably off and have a totally different and financially very easy life compared to what we currently have. And we're both over 30 so would be considered failures by most in this thread for not earning our age+10 or in the first place.

But then when they actually say this then the salary actually seems irrelevant:-

Japveesix said:

Oh well, we're happy enough, earning the average would be lovely and sure we'll get there at some point.

I'd rather earn the minimum wage and be happy than earn in excess of £100k and never see my daughter

[Olivera]

swerni said:

I'd rather earn in excess of £100k and see my children.

Why is it either / or?

Quite, and I'm not sure it's true that those earning more are usually working much longer hours. For example it's very common for those earning near minimum wage to put in lots of overtime to make a liveable salary. In contrast since I've started earning a lot more I'm probably also working less hours.

[STW2010]

swerni said:

I'd rather earn in excess of £100k and see my children.

Why is it either / or?

It doesn't have to be, that was an illustration of how I place happiness ahead of earnings. Very few would disagree with you there!

My own example- I currently work about 60 hours a week, and with a young family this is just about manageable; I go to the office at 7am and work until about 6pm, so am home in time to see my daughter (I work in the evenings and at the weekend too, but I try to fit everything into the week office hours). If I was in a position of responsibility at my workplace with a salary of over £100k (there are quite a few which are at this level) then my working hours would increase. I would be also be travelling even more than I already do (currently about a week away every two months, so at the moment it's fine) and would be under a lot more pressure than I already am.