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Post by sometime on Jul 9, 2012 21:52:51 GMT
It was disclosed today that it is impossible to maintain a reasonable standard of living on less than £37500 per year income before tax. Essentials include a 5 year old hatchback car a computer and a mobile phone.
When asked outside a supermarket people seemed to think that was reasonable and some even thought it impossible to live on that level of income.
I wish we earned that we could live in style personally we live on about a half of that
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Post by 09rebel99 on Jul 9, 2012 21:57:45 GMT
Be lucky if I earn half of that ever!!!!!
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Post by chalky284 on Jul 9, 2012 21:57:49 GMT
I think its all relative, I earn a decent salary but I have a decent sized mortgage to go with it too. I think that people live similarly on percentages, regardless of their salary (discounting the rich of course) I think that the portions of income divided between essentials of mortgage, cars, phones etc etc wont be very different at all.
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Milliesmum
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Post by Milliesmum on Jul 9, 2012 22:02:07 GMT
Depends how many children you have and what stage of 'expensiveness' they are at. (is expensiveness even a word LOL??)
Mine have now gone past the stage where you can dress them in supermarket clothes etc., they don't have a lot of branded items but they do have a few bits and pieces. I took my youngest to the pictures as a treat at the weekend, £35 quid it cost me, I nearly passed out! We don't live a lavish lifestyle by any means but a nine year old and a 14 year old do seem to have a way of getting through the money!
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Milliesmum
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Post by Milliesmum on Jul 9, 2012 22:03:00 GMT
Oh and while they wear their branded clothes, I'M the one wearing supermarket stuff!
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Post by sometime on Jul 9, 2012 22:24:20 GMT
This was the minimum for a couple with two children so I guess half without kids a home would be about right lol
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Post by bessieboo on Jul 9, 2012 22:42:58 GMT
I work 2 jobs but earn nowhere near that amount. Am a single mother and am somehow managing to pay the mortgage, keep a horse for me and pony for daughter and let her show. And no I don't use credit cards or loans!! Yes things are tighter than when I was with my partner who had a huge salary but at least now we don't take things for granted! So I think people can be happy on nowhere near that amount and have a good standard of living!!
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Post by weare on Jul 10, 2012 6:06:10 GMT
We are in this bracket, we both work fulltime, 2 children, no tax credits, in theory we should have £600 spare each month after bills,food,fuel etc though it never quite works out that way!
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kates
Full Member
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Post by kates on Jul 10, 2012 7:36:59 GMT
I saw this... I'm not anywhere near that, but proud to say I have my flat, my horses (4) and I compete. and do it all out of my pocket!
Spare money goes on them and show outfits, I get my clothes from supermarkets (nothing wrong with that) I get the white shirt for a fiver and dye them whatever colour I want (saves a fortune)
just brought a load of equine patterns and about to make my jacket and a set of lycra all in ones for next to nothing!....its tight at times, but wouldn't change my little life
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Post by fanfarefan on Jul 10, 2012 8:09:50 GMT
blimey you lot are slpashing out with supermarket clothes , ---- mine come from the charity shop !!!!
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Post by sageandonion on Jul 10, 2012 9:21:31 GMT
Don't shout at me, I am just being honest and voicing what came into my head which is 'did they include keeping ponies in that?'
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Post by viking on Jul 10, 2012 9:40:08 GMT
I wonder where they get these figures from ?
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Milliesmum
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Post by Milliesmum on Jul 10, 2012 10:16:36 GMT
LOL at fanfarefan, I just got two bargain hats, a Wallis cream straw one and a BHS jade green and black one still with the £35 label on it, it cost me £9 for the pair and I'm well chuffed with them!
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Post by sometime on Jul 10, 2012 14:41:12 GMT
No ponies are not included just car, living costs, tv, computer, mobile are all considered essentials
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Post by fanfarefan on Jul 10, 2012 16:44:07 GMT
why ever not , i consider my horses an essential part of living and they keep me sane , and stop me wanting to murder OH on bad days , --- i think thats pretty essential , along with the charity shop (my local retail outlet )and im thinking of asking them if they do a loyalty card , if i didnt do my shopping there their takings would be down by at least half every month !!!!!
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