Do you think £20,000 is a good enough salary?

Legacy_user

To live happilly?

worried_jim

If you are only earning £16k then you would jump at it, if however, you are earning £25k then probably not.

Charlotte17

berbastrike wrote: »

To live happilly?

Depends where you live, what you have to pay each month etc

Also what you are earning now.

If out of work any salary is a good one

makeyourdaddyproud

Depends on your outgoings.

If your house is already paid off, kids have left home, no other dependants, some rainy day savings, then it is a satisfactory stipend.

However, if your employer is pressing you really hard to work more hours than contracted and there is long commute then no.

And, as someone said earlier, any salary is better than nothing.

If that pay is for a job that requires no professional qualifications then I would go for it. Believe it or not, there is tremendous competition for jobs at that pay bracket where median house prices are low.

asajj

Also depending on the role. For an assistant accountant, could be for a qualified one, it isn't.

InsideInsurance

berbastrike wrote: »

To live happilly?

If living happily means owning a fleet of ferraris then no

If you have more modest tastes and a fully paid off house then it could be ok.

marleyboy

It depends on your circumstances. Its a lot for a single person living in a one bed flat. Not so for a family of 6 in a 4 bedroom detached.

Paully232000

berbastrike wrote: »

To live happilly?

Impossible to answer on its own without giving a bit more detail as to who/where etc the person is?
Is there a reason for asking?

atolaas

OP - what are your circumstances? Better advice can be offered if you could make those a bit clearer

kathrynha

Well I earn about £22000 and hubby earns £13000, we have a mortgage and a child, and I would say yes it is enough to live happily.

On that household income we heat our house to a comfortable level, eat well, run a car, have a main holiday and at least 1 short break a year, all 3 of us have social lives we are happy with, we don't have to worry about bills and we have money left over each month to save.

Charlotte17

marleyboy wrote: »

It depends on your circumstances. Its a lot for a single person living in a one bed flat. Not so for a family of 6 in a 4 bedroom detached.

That depends again on where you live. Flats here one bed to rent are min of £800 a month

Also a family of 6 I would like to think the other adult would be working too if a couple and kids.