Young High Earners

rictus123

Is 17k alot at 18 then? And £22k at 19(this summer ) 2-3 months to go and my pays up! About time!

Chris_Hinds

I am lucky in that my degree and chosen career path in Aerospace engineering management has meant I have a very good salary around the UK mean for a man working full time. For me though, it doesn't matter how much you earn because if you earn £10k net per annum, spend £9850 and are happy with your lifestyle you are far better off than someone who earns £100k net, spends £105k and isn't satisfied with what they have.

For me the major thing is EARNING. I'd love to have a 5 bed house with land and a nice car or two. I aspire to have those in the future, and I may even get there. I'm one of the few that doesn't dream of winning the lottery though because I wouldn't have earned the things around me, I'd have won them. For me that would feel wrong.

Good luck to everyone in their aspirations for the future.

Chris

bodmil

I always find no matter who I talk to that whatever they earn, they always fancy earning a little bit more, but my industry is very much about working hard then playing hard so people want to get the most out of their time at work. I want to earn a lot more and I think I'm in a position to do so if I give it a bit of time. It's patience I need now! Although having said that I think I'm more driven by my ambition to have a great lifestyle rather than figures; I want the big house in the country. But until I can begin to enjoy that life I'm doing all I can to prepare myself for it, by staying out of debt, hopefully getting on the property ladder soon and having a good back up career in case I don't enjoy life as a countryside house wife!

niki23

Interesting link relating to this topic:

http://news.bbc.co.uk/1/hi/8151355.stm

Icey77

Finance is generally a well paid arena. Once you're on the verge of getting qualifed you are likely to be earning £35k plus, more depending on the location.

What Leeds-Lad hasn't mentioned is the work involved in getting to where he is now. I'm a chartered accountant, 32 and earning £45k in Buckinghamshire. I qualified 2 years ago and in the 6 years it took me from being an administrator I worked full time plus hours and studied for a further 20-25 hours a week on top in my own time.

I feel, as I am sure LL feels, I have well and truly earnt my salary now and my knowledge, experience and training is what my employer is paying for. As somone else mentioned it's all about supply and demand. Perhaps I'd like to earn more but with the higher salary comes more responsibility and longer hours guaranteed and I'm happy where I am - I can afford my mortgage, my hobbies and I generally leave work on time for about 2/3 of each month.

Good on you LL, but I suspect as you get a little older you might find your tipping point at which you'll say "I don't care, I don't want the salary that much!"

Pete111

I'm 32 and expect to make 65-70k this year. I consider myself a reasonably high wage earner for my age.

My DH makes well into six figures but absolutely hates her job so I guess it goes to show money can't always make you happy!

stphnstevey

Icey77 wrote: »

What Leeds-Lad hasn't mentioned is the work involved in getting to where he is now. I'm a chartered accountant, 32 and earning £45k in Buckinghamshire. I qualified 2 years ago and in the 6 years it took me from being an administrator I worked full time plus hours and studied for a further 20-25 hours a week on top in my own time.

Just out of interest, are you working for yourself as a chartered accountant (ie do you own the firm you work for)? If not, would an accountant make considerably more doing that?

stphnstevey

Pete111 wrote: »

I'm 32 and expect to make 65-70k this year. I consider myself a reasonably high wage earner for my age.

My DH makes well into six figures but absolutely hates her job so I guess it goes to show money can't always make you happy!

What do you and the DH do for a living?

Pete111

stphnstevey wrote: »

What do you and the DH do for a living?

We both 'do' HR.

I'm the HR Director with an International company in the media sector and DH (who is far brighter and works truly ridiculous hours) works for an investment bank in the city.

I find it interesting because I'm working with people every day - and people do very weird things!

DH used to find it enjoyable for similar reasons - but it's turned into a real slog for her over the past 18 months and TBH I don't think she will be happy doing that role (as lucrative as it is) for much longer.

karatedragon

I'd rather be out skating, snowboarding or surfing than busting a gut for £35k a year.

I work 20 hours a week and love the job 'cos its low pressure and we all have a laugh. Plus it gives me spare time to actually enjoy life. After all are we put on this earth to work all the time?

Who needs £35k a year when there's perfect concrete, powder and waves out there. The best things in life are free you know!

Incidentally Leeds Lad, how much of this £35k do you give to the needy? Charities and that? I don't measure people on thier salary but on their generosity as a person.