Debate House Prices


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Income brackets: what is prception of low/middle high

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Comments

  • SandC
    SandC Posts: 3,929 Forumite
    Part of the Furniture 1,000 Posts
    Ah yes but Mr Matey, what happens if you live a frugal existence where it comes to food and more often that not feed yourself with beans on toast or an omelette, so that you can afford a regular splurge at a high quality chef's restaurant?

    My income is not what I consider low but I still don't partake of fast food as it isn't really MSEish is it?
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    SandC wrote: »
    Ah yes but Mr Matey, what happens if you live a frugal existence where it comes to food and more often that not feed yourself with beans on toast or an omelette, so that you can afford a regular splurge at a high quality chef's restaurant?

    My income is not what I consider low but I still don't partake of fast food as it isn't really MSEish is it?


    I was thinkng along the same lines :D .
  • SandC
    SandC Posts: 3,929 Forumite
    Part of the Furniture 1,000 Posts
    We have an answer for everything eh lostinrates? :D
  • Mr_Matey
    Mr_Matey Posts: 608 Forumite
    SandC wrote: »
    Ah yes but Mr Matey, what happens if you live a frugal existence where it comes to food and more often that not feed yourself with beans on toast or an omelette, so that you can afford a regular splurge at a high quality chef's restaurant?

    My income is not what I consider low but I still don't partake of fast food as it isn't really MSEish is it?

    It's not a serious measure :rolleyes:

    But, I'd say if you eat beans on toast every day so that once a year you can go to a high quality chef's restaurant you need your head checked!

    I don't think I'd ever consider fast food a treat. But that's just me.
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    SandC wrote: »
    We have an answer for everything eh lostinrates? :D

    lol.

    I would nver hoose to eat in afast food joint really, multipl reasons. Chains leave me a littl old, but the prices leav m even colder for something I could cook better and sinifiantly heaper at home. DH is Italian and I cook well, so whilst we might eat out at an Italian it would be rare, an as for Chinese and Indian, well, I cook som limited indian food, but again, even when I fancy the food the restaurants do little for me. Traly, eats are things that are new, exciting or fantastic, good chefs offer good value for money IMO. I'd rathr do that less often.

    ALTHOUGH, we did eat out more in Italy TBH, btter value for money, and in differnt areas good to try wll cooked specialities of region. Possibly th best meal of my life was a simple lunch near Bologna: lots of cured meats that I could in no way hope to do as well myself, thats value!
  • Davesnave
    Davesnave Posts: 34,741 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    DW won a meal in a 5 star restaurant last year, so we rolled-up hoping to see Kylie, but she ate in her room.

    TBH, while it was OK, I have had equally tasty food in some local pubs, which I enjoyed more because I didn't have someone fawning over me every 5 minutes.

    The funniest part was when we sat down and the maitre d'whatsit tried to explain that our prize only covered the first £100....
    'Yes,' I said looking as blank as I could.
    He stuttered on to the effect that if we chose expensive things we'd have to pay.
    'Naturally,' I replied.
    Until then, I really felt that we looked quite smart!

    Anyway, we spent about £170. After all, it was an experience, of sorts.
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Mr_Matey wrote: »
    Low: Fast Food
    Low-Medium: Pubs or Nandos-type food
    Medium: Restaurant - Italian/Japanese/Chinese etc
    High: Quality chef's restaurant
    Super-High: Why go out when I have my own chef?
    I'm low/low-medium then. I usually go and get a takeaway and eat it at home. Going out for a meal is a pub meal. Nandos is "too posh" for me.

    I've been in a chinese restaurant on 4 occasions in my life. Never been in an italian or japanese restaurant.

    Never been in a quality chef's restaurant and never expect to.
  • cupid_s
    cupid_s Posts: 2,008 Forumite
    mitchaa wrote: »
    £22k is under the national average of £26k so your GF earns an under average wage. True or false?? How can you then therefore say that your GF is a medium income earner? She isn't, as she's an under average earner:confused:

    There should be 4 catagories, Low, Average, Medium and High. I would class your GF in the average category and you in the medium category

    If an income of £47k is high, what is an income of £100k? Superhigh?? What about the salaries of Doctors and Consultants £150-200k...Super super high?

    Average is 'middle' by definition, medium is also 'middle' so how can average and medium be 2 different categories?

    Moneysaving pharmacists gf earns only 4k less than the mean wage, (and I think 22k is slightly more than both the median and mode wage - so you could accurately say she is earning above the average wage) so I would agree this is a middle/average income.

    (also I know a lot of doctors none of whom earn anywhere near 150-200k)
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    cupid_s wrote: »

    (also I know a lot of doctors none of whom earn anywhere near 150-200k)

    I think he may mean GP's who are Doctors but far better paid than "hospital doctors" (providing they are not a specialist or private)
  • beecher
    beecher Posts: 2,497 Forumite
    mitchaa wrote: »
    £22k is under the national average of £26k so your GF earns an under average wage. True or false?? How can you then therefore say that your GF is a medium income earner? She isn't, as she's an under average earner:confused:
    .

    £22k is above the median, so more people earn less than £22k than earn more. So yes it is a medium income.
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