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What's your Household Income?

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Comments

  • Saying you pay a huge amount of tax on earnings sub £20k is also slightly hypocritical in my opinion ;)
    Thinking critically since 1996....
  • chucknorris
    chucknorris Posts: 10,795 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Linda_D wrote: »
    It's well known that a lot of people like to exaggerate about their income and pretend they are earning huge salaries (over 100k a year) when the reality is a tiny fraction of that total.

    In London 100k is nothing special betwen two professional salaries. You must be from up North, you need to consider the geographical adjustment because money in London/South East doesn't go very far.
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • nollag2006
    nollag2006 Posts: 2,638 Forumite
    I'd actually say, in my own line of work as an accountant for one of the big firms that £100k (before bens and bonus) would be nothing to write home about.

    Most of my peers are on quite a bit more than that
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    Linda_D wrote: »
    It's well known that a lot of people like to exaggerate about their income and pretend they are earning huge salaries (over 100k a year) when the reality is a tiny fraction of that total.

    I think the same happens in reverse. People fail to appreciate the value things they receive in addition to salary and think them selves worse off than they are, p,us those who take stuff in cash when they can......

    I think we have less of a true picture of average incomes than we would like to think.
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    16 users over 100k and only 13 between 25 and 34?

    Don't be naive Hamish. Your poll has simply been sabotaged, and no, I haven't got a clue what kicks someone would get out of doing that. Either way, to manage so many logins takes some effort....effort which unfortunately is being used in the wrong way.

    Hmmm, sounds like a lot of effort to sabotage an anonymous poll.

    On the other hand, having 15% of readers from either a smattering of high income singletons, and the rest from professional dual income households in London and the South East is not entirely out of the question.

    I can think of at least a half dozen regulars with household income there or thereabouts.
    “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”
  • CKhalvashi
    CKhalvashi Posts: 12,134 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    16 users over 100k and only 13 between 25 and 34?

    Don't be naive Hamish. Your poll has simply been sabotaged, and no, I haven't got a clue what kicks someone would get out of doing that. Either way, to manage so many logins takes some effort....effort which unfortunately is being used in the wrong way.

    Graham, I think it’s safe to say that on this board, we’re going to have a share of MSE’s higher earners, although that might just be me.

    CK
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  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I think the same happens in reverse. People fail to appreciate the value things they receive in addition to salary and think them selves worse off than they are, p,us those who take stuff in cash when they can......
    .

    Also true.

    I suspect most of the lowest income didn't include some or all of the benefits, etc, that they receive.

    Other than pensioners, there are very, very few households on income of less than 15K by the time you include the value of benefits.
    “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”
  • Linda_D_2
    Linda_D_2 Posts: 1,891 Forumite
    Saying you pay a huge amount of tax on earnings sub £20k is also slightly hypocritical in my opinion ;)


    Why is that hypocritical? I do pay a huge amount of tax. OK it's not in the millions of pounds because I don't earn that much but it's a huge amount in relation to my small income and I'm very happy to do that because I like to contribute to the country. I don't have accountants for tax avoidance, I want to pay my fair share of tax.
  • michaels
    michaels Posts: 29,544 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Like those public sector employees who don't remember to add on one third to their salary to cover the value of their final salary pension scheme and justify this because Fred the Shred got a huge pension so everyone in the private sector must do as well...
    Also true.

    I suspect most of the lowest income didn't include some or all of the benefits, etc, that they receive.

    Other than pensioners, there are very, very few households on income of less than 15K by the time you include the value of benefits.
    I think....
  • Linda_D_2
    Linda_D_2 Posts: 1,891 Forumite
    purch wrote: »
    I think that something appears to have been altered.

    Well spotted purch, someone has got very owned!
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