Author Topic: Just about managing on 70,000 a year - UK Daily Mail  (Read 2143 times)

Mr stuble

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Just about managing on 70,000 a year - UK Daily Mail
« on: January 06, 2017, 05:30:04 AM »
Some interesting statistics from people in the UK who are earning 70,000 a year and struggling to keep afloat. Surprisingly the comments section seems to be more sensible than I would have anticipated.

For non UK readers, the average wage is around 25,000.

http://www.dailymail.co.uk/money/cardsloans/article-4090894/Half-families-earning-70k-say-just-managing.html

jinga nation

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Re: Just about managing on 70,000 a year - UK Daily Mail
« Reply #1 on: January 06, 2017, 06:04:44 AM »
Keeping Up Appearances is expensive. Just ask Hyacinth Bucket aka Mrs Bouquet.

aoedae

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Re: Just about managing on 70,000 a year - UK Daily Mail
« Reply #2 on: January 06, 2017, 03:32:08 PM »
I'm on less than average wage, paying rent in the second most expensive city in the country, and I'm saving 10,000 a year (and having fun whilst doing it). Just saying!

Playing with Fire UK

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Re: Just about managing on 70,000 a year - UK Daily Mail
« Reply #3 on: January 18, 2017, 07:57:21 AM »
Yep, if you commit to spending every penny that you earn and have an average number of 'unforeseen' expenses such as a car breakdown and Christmas you too can 'just about manage'.

My team earn about that amount and when we get no bonuses you would think that the sky had fallen in. They are all JAMs. They're also (IMO) idiots.

thebattlewalrus

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Re: Just about managing on 70,000 a year - UK Daily Mail
« Reply #4 on: January 18, 2017, 11:04:43 AM »
I have heard it around my work lately, they struggle to make ends meet on $80k (US) but they have no issue dropping a couple grand on the kids for Christmas...