What's your total annual income - anonymous poll

[BigMoaner]

towards the top of the poll but support a family and live in London = zero money left most months despite minimal spending on non-essentials. great!

i remember the other month when i had £37 left at teh end of the month and i felt like I had got a power up in life's video game. normally it's about £2

 

[Elpenor]

in my view, one of the great advantages someone can have is not foreign holidays and a great big twat SUV, it's security. It's knowing that if teh car breaks down you're not going to have to get a pay day loan. It's knowing if you get sick you have a cushion. Security is like the key to everything in my view, everything else seems like an after thought. even love and friendships etc.

Security is important, one of the reasons I’ve chosen to work in the public sector where in time I will have 6 months full & half pay.

 

[weltweit]

That poll is a joke, there is no way there are 20 people in here with incomes greater than £100k..

 

[Chz]

That poll is a joke, there is no way there are 20 people in here with incomes greater than £100k..

As someone said, it's the spunking cock option. Though there may very well be a couple on here.

 

[BigMoaner]

As someone said, it's the spunking cock option. Though there may very well be a couple on here.

was talkign to the boss above my boss the other day, who is on £120k and she was showing me all these apps etc on how to save money. was quite a surreal conversation - but of course peoples otu goings etc match their earnings so obvious that the pinch is felt across many salaries, as that observer poll suggests. they of course have the option to downsize and re jig, whcih is a luxury many dont have.

 

[Bahnhof Strasse]

in my view, one of the great advantages someone can have is not foreign holidays and a great big twat SUV, it's security. It's knowing that if teh car breaks down you're not going to have to get a pay day loan. It's knowing if you get sick you have a cushion. Security is like the key to everything in my view, everything else seems like an after thought. even love and friendships etc.

Often it only takes a relatively small increase in income to get the foreign holidays, big twat SUV and security.

 

[kabbes]

in my view, one of the great advantages someone can have is not foreign holidays and a great big twat SUV, it's security. It's knowing that if teh car breaks down you're not going to have to get a pay day loan. It's knowing if you get sick you have a cushion. Security is like the key to everything in my view, everything else seems like an after thought. even love and friendships etc.

Enter Maslow stage left

 

[kabbes]

That poll is a joke, there is no way there are 20 people in here with incomes greater than £100k..

According to the ONS, 16% of London households and 8% of UK households have income greater than 100k. Given the London-heavy and middle-aged population of urban, my prior guess would have been that it would be something akin to that 16%. Poll is currently at 12%.

Number and percentage of households with gross income greater than £100,000 in London and UK, financial year ending 2020 - Office for National Statistics

www.ons.gov.uk

 

[Orang Utan]

It would be interesting if someone could do an analysis of the results. Since 2013 we're older and so in theory more experienced and liable for promotion or better opportunities. On the other hand the country has been thoroughly fucked since then.

Aye, I’m considerably more impoverished than I was in 2011 - salary down by a third in cash, but probably more than that cos of costs of living increases

 

[danny la rouge]

According to the ONS, 16% of London households and 8% of UK households have income greater than 100k. Given the London-heavy and middle-aged population of urban, my prior guess would have been that it would be something akin to that 16%. Poll is currently at 12%.

Number and percentage of households with gross income greater than £100,000 in London and UK, financial year ending 2020 - Office for National Statistics

www.ons.gov.uk

I’m personally amazed there’s so many with incomes of more than £35k. That’s a good deal more than I’ve ever earned.

 

[Yossarian]

According to the ONS, 16% of London households and 8% of UK households have income greater than 100k. Given the London-heavy and middle-aged population of urban, my prior guess would have been that it would be something akin to that 16%. Poll is currently at 12%.

Number and percentage of households with gross income greater than £100,000 in London and UK, financial year ending 2020 - Office for National Statistics

www.ons.gov.uk

I think the London-heavy and middle-aged part would probably be more than canceled out by the proportion of anticapitalists, people with alternative lifestyles, public sector workers, and chronic procrastinators in the group being polled.

 

[Orang Utan]

That poll is a joke, there is no way there are 20 people in here with incomes greater than £100k..

Why do you think that? This place is full of middle aged middle class people

 

[kabbes]

I’m personally amazed there’s so many with incomes of more than £35k. That’s a good deal more than I’ve ever earned. I’m currently not even above personal allowance in the tax bands.

I think the thread is suffering from mass confusion between household income and personal income, to be honest. Household income of over 100k is, as we’ve seen, relatively common. Personal income over 100k is not.

Remember that personal income is not evenly distributed — wealthier people tend to marry other wealthier people. If one member of a couple earns more than 60k, there is an excellent chance that the other will earn more than 40k. And those kind of levels of income are not that uncommon in London (hence the preposterous house prices — the average mortgage payment in London is an astonishing 75% of the average wage).

 

[kabbes]

I think the London-heavy and middle-aged part would probably be more than canceled out by the proportion of anticapitalists, people with alternative lifestyles, public sector workers, and chronic procrastinators in the group being polled.

I think you mean ex-alternative lifestylers and anticapitalists-in-theory, no? We’re mostly too old and with too many responsibilities to still be living in yurts.

Lots of public sector workers, of course, but more so than in the general population?

And chronic procrastinators are the best paid of all…

 

[danny la rouge]

I think the thread is suffering from mass confusion between household income and personal income, to be honest. Household income of over 100k is, as we’ve seen, relatively common. Personal income over 100k is not.

Remember that personal income is not evenly distributed — wealthier people tend to marry other wealthier people. If one member of a couple earns more than 60k, there is an excellent chance that the other will earn more than 40k. And those kind of levels of income are not that uncommon in London (hence the preposterous house prices — the average mortgage payment in London is an astonishing 75% of the average wage).

I answered personal. But even our joint income is less than £35k.

 

[kabbes]

I answered personal. But even our joint income is less than £35k.

This is about the median level, I believe. Certainly, the headline of this ONS report suggests that 45% of households have an income of less than £600 per week (ie about £31000)

Household income

In the 3 years to March 2021, black households were most likely out of all ethnic groups to have a weekly income of under £600.

www.ethnicity-facts-figures.service.gov.uk

 

[MickiQ]

I think the thread is suffering from mass confusion between household income and personal income, to be honest. Household income of over 100k is, as we’ve seen, relatively common. Personal income over 100k is not.

Remember that personal income is not evenly distributed — wealthier people tend to marry other wealthier people. If one member of a couple earns more than 60k, there is an excellent chance that the other will earn more than 40k. And those kind of levels of income are not that uncommon in London (hence the preposterous house prices — the average mortgage payment in London is an astonishing 75% of the average wage).

Not that uncommon for a man a personal not household income of £100K (gross) would put him in the top 2% of the population and a woman (get the short end of the stick as always) the top 1%. You wonder how many of those 8% households are a single earner whose partner does not see the need to work.

 

[seeformiles]

Ken Dodd was not found guilty of any offence. His accounts were chaotic, but stacked up when examined.

I loved him anyway

 

[seeformiles]

It’s interesting that “cultural capital” is being brought up as being MC. Do WC people not read or appreciate art? To my mind, books and learning are cheap and classless. Just depends what you do with your time. A lot of very rich people (by such a standard) have no cultural capital at all. We own our house outright - something that is down to accident rather than design. We had very little options in the mid-90s and buying was cheaper than renting at the time so it’s just how it worked out. Both of us have families with no cash (and no chance of an inheritance) - something which has always made us financially cautious (& self-sufficient) so securing the house meant no holidays for well over 15 years. Having money behind you allows you to take risks and fail with no consequences. I went to Uni with people like this who just took it for granted and mocked me for supposedly being unadventurous. Clearing the mortgage means we have greater peace of mind so much of what earn between us goes towards putting some “hay in the barn” for a vague retirement date 15 or so years down the line. Still living carefully.

 

[Athos]

in my view, one of the great advantages someone can have is not foreign holidays and a great big twat SUV, it's security. It's knowing that if teh car breaks down you're not going to have to get a pay day loan. It's knowing if you get sick you have a cushion. Security is like the key to everything in my view, everything else seems like an after thought. even love and friendships etc.

This. And, related to it, the comfort of having built up a decent pension.

 

[LDC]

It’s interesting that “cultural capital” is being brought up as being MC. Do WC people not read or appreciate art? To my mind, books and learning are cheap and classless. Just depends what you do with your time. A lot of very rich people (by such a standard) have no cultural capital at all.

My understanding is that cultural capital isn't about appreciating art or reading at all, it's about accent, social connections that help you in life, and knowing how to access places and people of influence, etc. for example.

 

[Sweet FA]

Ken Dodd was not found guilty of any offence.

Still unanswered questions about his dad's dog imo.

 

[seeformiles]

My understanding is that cultural capital isn't about appreciating art or reading at all, it's about accent, social connections that help you in life, and knowing how to access places and people of influence, etc. for example.

Fair enough - I know it’s the bits that are difficult to monetise that are the devilish details. On that score, we’re definitely in the gutter but still feel incredibly lucky largely down to the time we were born (late 60s) - one of those factors often ignored when so-called “self made men/women” leave out in their autobiographies. The ability to call upon friends in high places (even if it is family) has lifted a failing startup out of the mire on several occasions.

 

[Pickman's model]

i remember the other month when i had £37 left at teh end of the month and i felt like I had got a power up in life's video game. normally it's about £2

What did you spend it on?

 

[Athos]

It’s interesting that “cultural capital” is being brought up as being MC. Do WC people not read or appreciate art? To my mind, books and learning are cheap and classless. Just depends what you do with your time. A lot of very rich people (by such a standard) have no cultural capital at all. We own our house outright - something that is down to accident rather than design. We had very little options in the mid-90s and buying was cheaper than renting at the time so it’s just how it worked out. Both of us have families with no cash (and no chance of an inheritance) - something which has always made us financially cautious (& self-sufficient) so securing the house meant no holidays for well over 15 years. Having money behind you allows you to take risks and fail with no consequences. I went to Uni with people like this who just took it for granted and mocked me for supposedly being unadventurous. Clearing the mortgage means we have greater peace of mind so much of what earn between us goes towards putting some “hay in the barn” for a vague retirement date 15 or so years down the line. Still living carefully.

I don't think cultural capital is synonymous with being 'cultured' i.e. appreciating art and literature. Rather, it's the social things that assist someone in getting on, like knowing the right people, going to to right schools, hob-nobbing on golf courses and ski slopes, fitting in at posh clubs etc.

 

[MickiQ]

I don't think cultural capital is synonymous with being 'cultured' i.e. appreciating art and literature. Rather, it's the social things that assist someone in getting on, like knowing the right people, going to to right schools, hob-nobbing on golf courses and ski slopes, fitting in at posh clubs etc.

Old Money vs New Money

 

[muscovyduck]

I don't think cultural capital is synonymous with being 'cultured' i.e. appreciating art and literature. Rather, it's the social things that assist someone in getting on, like knowing the right people, going to to right schools, hob-nobbing on golf courses and ski slopes, fitting in at posh clubs etc.

Or even just being able to move back in with your parents if you fall on hard times or have mates that can lend you £50 if you're desperate. I went a few years where I couldn't even find a sofa to crash on

 

[Athos]

Fair enough - I know it’s the bits that are difficult to monetise that are the devilish details. On that score, we’re definitely in the gutter but still feel incredibly lucky largely down to the time we were born (late 60s) - one of those factors often ignored when so-called “self made men/women” leave out in their autobiographies. The ability to call upon friends in high places (even if it is family) has lifted a failing startup out of the mire on several occasions.

Nobody is 'self-made', even if they don't have those sorts of advantages; everyone in this country benefits from the NHS, roads, the safety net of benefits, education (even the privately educated rely on other being state educated), etc., etc.

 

[seeformiles]

I don't think cultural capital is synonymous with being 'cultured' i.e. appreciating art and literature. Rather, it's the social things that assist someone in getting on, like knowing the right people, going to to right schools, hob-nobbing on golf courses and ski slopes, fitting in at posh clubs etc.

I think I just took a rather narrow view of culture than was implied. My mistake

 

[seeformiles]

Nobody is 'self-made', even if they don't have those sorts of advantages; everyone in this country benefits from the NHS, roads, the safety net of benefits, education (even the privately educated rely on other being state educated), etc., etc.

Quite - I saw that as family connections linked to financial strength and separate from culture. I see what you mean.