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What's your Household Income?
HAMISH_MCTAVISH
Posts: 28,592 Forumite
Mildly curious to see if MSE is representative of wider society.
Anonymous poll.
UK graph below....
Anonymous poll.
UK graph below....
“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”
What's your gross household income? 196 votes
Less than £15K a year
12%
25 votes
Between 15K and 24K
14%
28 votes
Between 25K and 34K
12%
25 votes
Between 35K and 44K
10%
21 votes
Between 45K and 60K
15%
30 votes
Between 61K and 75K
9%
19 votes
Between 76K and 100K
9%
19 votes
Over 100K
14%
29 votes
0
Comments
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24, 649 according to my p60
What is yours?I think....0 -
Depends on how much work I do during the year and at what rate.0
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**,*** according to my p60
What is yours?
P60 doesn't include benefits though?
I'll enter a vote for my bracket later, and anonymously, as this thread is really just to see if the MSE collective resembles the wider population.“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
Since I am retired and at the moment mainly living off savings and the proceeds of investments I guess my external income would be close to 0. But that wouldn't represent my standard of living. Perhaps your poll is asking the wrong question to give you the insight you seek.0
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Just curious as to what this will all prove?
Someone earning £15/20k a year but having bought a house many years ago with a small mortgage could well be in a better financial situation than someone who earns 3 or 4 times that who bought a home (or rents and yet to buy a home).....
Are earnings directly related to quality of life, or is it disposable income that is directly related to quality of life?Dont wait for your boat to come in 'Swim out and meet the bloody thing'
0 -
What are we including then - gross salary or final position after all taxes and benefits. What about those who have their rent and council tax paid or live at home with parents with minimal housing costs, should they adjust for this too?HAMISH_MCTAVISH wrote: »P60 doesn't include benefits though?
I'll enter a vote for my bracket later, and anonymously, as this thread is really just to see if the MSE collective resembles the wider population.I think....0 -
Going4TheDream wrote: »Just curious as to what this will all prove?
Nothing at all.
Just curious to see if MSE-ers are representative of wider society.Are earnings directly related to quality of life, or is it disposable income that is directly related to quality of life?
Income, not earnings.
I'm not asking for just salary, but rather total income including benefits, pensions, investment returns, etc.
But as for disposable income, it rose non-stop between 1997 and 2007.
I believe it has fallen a bit since the recession and tax rises, but not markedly.“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
Going4TheDream wrote: »Just curious as to what this will all prove?
Someone earning £15/20k a year but having bought a house many years ago with a small mortgage could well be in a better financial situation than someone who earns 3 or 4 times that who bought a home (or rents and yet to buy a home).....
Are earnings directly related to quality of life, or is it disposable income that is directly related to quality of life?
I retire early and reduced both my gross and disposable income but would say my quality of life is better now so perhaps as long as you have enough to live it isn’t necessarily related to either.0 -
What are we including then - gross salary or final position after all taxes and benefits.
Final position.What about those who have their rent and council tax paid
If it's paid as a benefit, then yes include it.or live at home with parents with minimal housing costs, should they adjust for this too?
Not for this exercise. That gets a bit complicated.“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
Just out of interest how is disposable income defined, is it adjusted for housing costs, energy, food commuting etc?HAMISH_MCTAVISH wrote: »Nothing at all.
Just curious to see if MSE-ers are representative of wider society.
Income, not earnings.
I'm not asking for just salary, but rather total income including benefits, pensions, investment returns, etc.
But as for disposable income, it rose non-stop between 1997 and 2007.
I believe it has fallen a bit since the recession and tax rises, but not markedly.I think....0
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