What salary are you on?

Truckermal

howamidifferent wrote: »

70k gross. No savings and lots of personal debt. Plus a mortgage. Always scraping by.

On a small bit more and have mortgage etc etc you wonder how people on small incomes survive??

lickme

Truckermal wrote: »

On a small bit more and have mortgage etc etc you wonder how people on small incomes survive??

Ah sounds like the boom years from the last two posters. I,m on 40k, have a mortgage, an ok-ish car and survive perfectly grand., 2 holidays a year as well. I don't live outside my means like the above two posters seem to be doing! I save a lot as well.

On 70k where is your money going? I would imagine from bad choices! What happens if you lose your 70k job and only other job you can get is for 35k? Could you survive?

iusedtoknow

$140,000 gross (E120,000) + 20% bonus + stock options

But I live in San Francisco which makes it... middle of the road - when your rent is $3000 a month for a two bedroom house and you lose > 1/3 every paycheck to taxes, social security...not to mention healthcare etc. Between my wife and I, we earn in the $300,000 range, but we we lose out around $50000 after tax to her malpractice insurance annually (she is a physician). We max out our tax free savings annually (for retirement - 401k) and support her mother in Spain.

From our gross we pay 35% federal and state tax and from my bonus I pay 48%.

I'm pretty happy with it all, but we are by no means rolling in it. We have savings, and we never struggle and make sure to give as much as we can to charity etc - but we always budget and make sure that we save more than we spend. I'm capping salary wise for at least the next 10-15 years , my wife is not but we live like we both are.

lickme

Truckermal wrote: »

On a small bit more and have mortgage etc etc you wonder how people on small incomes survive??

Easily. Live within your means!

markpb

lickme wrote: »

On 70k where is your money going? I would imagine from bad choices! What happens if you lose your 70k job and only other job you can get is for 35k? Could you survive?

Condescending much?

On 70k, a significant chunk of your salary (40%) goes on taxes, a much bigger percentage than someone on 35k (20%). Add in pension contributions (otherwise you'll be along in 35 years to tell us we made bad decisions by not having a private pension) and health insurance and there's another few hundred gone before your salary reaches your bank account. I pay €1,000 creche fees because my daughters grandparents are hundreds of miles away. Another €1,300 rent for a modest two bed apartment in Blackglen (We could live in Tallaght or Finglas for less rent but spend more money on transport and less time with our daughter.)

My car is an 11 year old Peugeot that I bought for €3,000 from savings. We have one holiday a year and we're saving to buy a house sometime. I have asthma and my daughter has eczema so we spend €2,000 a year on drugs and doctors visits. After that, we have a basic UPC tv and internet package and a cheapo meteor phone package.

Care to shed any light oh wise one?

lickme

markpb wrote: »

Condescending much?

On 70k, a significant chunk of your salary (40%) goes on taxes, a much bigger percentage than someone on 35k (20%). Add in pension contributions (otherwise you'll be along in 35 years to tell us we made bad decisions by not having a private pension) and health insurance and there's another few hundred gone before your salary reaches your bank account. I pay €1,000 creche fees because my daughters grandparents are hundreds of miles away. Another €1,300 rent for a modest two bed apartment in Blackglen (We could live in Tallaght or Finglas for less rent but spend more money on transport and less time with our daughter.)

My car is an 11 year old Peugeot that I bought for €3,000 from savings. We have one holiday a year and we're saving to buy a house sometime. I have asthma and my daughter has eczema so we spend €2,000 a year on drugs and doctors visits. After that, we have a basic UPC tv and internet package and a cheapo meteor phone package.

Care to shed any light oh wise one?

I know how the tax system works thank you. Maybe find a new job in a cheaper location or get a company that pays health insurance like mine does. Its great to get a 80K 3 bed roomed new house like I have. If your complaining your outgoings are too high then do something about it.

Solomon Pleasant

Jack the Box wrote: »

87k per annum. 10% bonus. 12% pension. VHI for me and family paid for. Work in IFSC

Can I ask what you do in the IFSC and what you studied in college and in which college (assuming you went to college) to get a job with such good pay?

mark_jmc

€54k -work in HR. household income of circa €140k.so doing well after many tough years.
We are DINKYs at the moment (Double income no kids yet), we are in the lucky position to be very comfortable

Truckermal

lickme wrote: »

Easily. Live within your means!

We do and wife has a good job too but money seems to disappear into thin air after all the bills are paid and we don't have car loans and no holidays either as I normally work 7 days a week.. Obviously I presume we are talking pre tax figures here fekin USC is crippling every week..:(

Endthescam

I can't believe this thread. Anything over 50k is immoral and shows an imbalance in the capitalist system. Winner takes all and losers are left to starve. (1/5 Irish kids going hungry every morning for example.)

charlietheminxx

Endthescam wrote: »

I can't believe this thread. Anything over 50k is immoral and shows an imbalance in the capitalist system. Winner takes all and losers are left to starve. (1/5 Irish kids going hungry every morning for example.)

So if someone offered you a job for €50,000 per annum, for which you would have to work your ass off, you'd say no because not everyone earns that amount?

Endthescam

I'd suggest they share out the difference to the lowest paid staff. We're all in this together and I can't fathom how somebody could sit listening to the problems of a staff member on 20k per year when they are on triple and are the cause of the problem.

jon1981

Endthescam wrote: »

I'd suggest they share out the difference to the lowest paid staff. We're all in this together and I can't fathom how somebody could sit listening to the problems of a staff member on 20k per year when they are on triple and are the cause of the problem.

sniffs like communism to me ..

Emigrate to Russia if that's the ideal you're after. Oh and look how lovely it's working out for them...

Endthescam

It's annoying when I'm trying to support a family and being constantly told there's no jobs out there or that they can't afford to bring a new person in. One person being paid 120k would translate into 4 full time jobs. I'd jump at one of them. The people will only tolerate this lack of fairness for so long.

Frynge

Endthescam wrote: »

I'd suggest they share out the difference to the lowest paid staff. We're all in this together and I can't fathom how somebody could sit listening to the problems of a staff member on 20k per year when they are on triple and are the cause of the problem.

Hey Lenin, they just buy noise cancelling earphones to block em out.

mattser

iusedtoknow wrote: »

$140,000 gross (E120,000) + 20% bonus + stock options

But I live in San Francisco which makes it... middle of the road - when your rent is $3000 a month for a two bedroom house and you lose > 1/3 every paycheck to taxes, social security...not to mention healthcare etc. Between my wife and I, we earn in the $300,000 range, but we we lose out around $50000 after tax to her malpractice insurance annually (she is a physician). We max out our tax free savings annually (for retirement - 401k) and support her mother in Spain.

From our gross we pay 35% federal and state tax and from my bonus I pay 48%.

I'm pretty happy with it all, but we are by no means rolling in it. We have savings, and we never struggle and make sure to give as much as we can to charity etc - but we always budget and make sure that we save more than we spend. I'm capping salary wise for at least the next 10-15 years , my wife is not but we live like we both are.

BUT...you live in the nicest city in the world, you lucky swine.

helimachoptor

Endthescam wrote: »

It's annoying when I'm trying to support a family and being constantly told there's no jobs out there or that they can't afford to bring a new person in. One person being paid 120k would translate into 4 full time jobs. I'd jump at one of them. The people will only tolerate this lack of fairness for so long.

Only if you think someone on 30k has the ability and experience to do a job at 4 times their pay.

You're looking at this completely arse ways, someone on 120k is not doing the same job as someone on 30k.

If you think that, that's likely part of the reason you don't have a job

ShaunieVW

So the person who studied for years deserves no more than the guy who did SFA. Sure why would you even try to better yourself in that case. It would only lead to all the skilled workers moving abroad. Communism in theory was great not so much in reality.

Endthescam

ShaunieVW wrote: »

So the person who studied for years deserves no more than the guy who did SFA. Sure why would you even try to better yourself in that case. It would only lead to all the skilled workers moving abroad. Communism in theory was great not so much in reality.

A lot of students should try four years in the real worl and it might open their eyes. I'll admit that maybe they have a knowledge premium that justifies a 10-15% pay premium but not triple .

Brussels Sprout

Endthescam wrote: »

I can't believe this thread. Anything over 50k is immoral and shows an imbalance in the capitalist system. Winner takes all and losers are left to starve. (1/5 Irish kids going hungry every morning for example.)

So a consultant doctor who's been studying their ass off from the time they were a teenager trying to get the points for medicine right up until they're around 30 should be paid a little over the average wage?

jon1981 wrote: »

sniffs like communism to me ..

Emigrate to Russia if that's the ideal you're after. Oh and look how lovely it's working out for them...

Russia hasn't been communist in a long time. It's probably one of the most unequal countries on earth these days in fact. Communist parties rule in China, Vietnam and Laos. However they've all adopted capitalism in every area apart from democracy and freedom of the press. The only communist countries left are Cuba and North Korea which are fairly miserable places that don't allow their people to leave.

ShaunieVW

Endthescam wrote: »

A lot of students should try four years in the real worl and it might open their eyes. I'll admit that maybe they have a knowledge premium that justifies a 10-15% pay premium but not triple .

So you could walk in to a lab and be as good as the person who has endured many years of hard work in both college and work placements and be as good as them? Stop playing the not fair card and either upskill or change your path. Whinging will get you nowhere. This is coming from a person in an unskilled job working in a warehouse but doing a long distance learning course in business management. Make your own oppurtunities.

Endthescam

We can't all be top scientists. Schooling was different in my day. Now we are encouraging a society where people like me are consigned to the scrap heap. I'd put many of you to shame. I'd work any job and always do my best. Hard labour no bother.

bladespin

Endthescam wrote: »

We can't all be top scientists. Schooling was different in my day. Now we are encouraging a society where people like me are consigned to the scrap heap. I'd put many of you to shame. I'd work any job and always do my best. Hard labour no bother.

That's great, problem here over the past while is there are so many that think scrapheap, it's their responsibility to retrain and re-qualify to keep up with the job market, there will always be jobs for anyone who is will to actually work rather than sit back and complain.
I've seen it so many times, friends who worked in construction before the collapse all of a sudden were unemployable (architects to groundworkers), I could count on one hand how many went ant rained for something else while the rest all waited and complained there were no jobs.

lickme

Endthescam wrote: »

It's annoying when I'm trying to support a family and being constantly told there's no jobs out there or that they can't afford to bring a new person in. One person being paid 120k would translate into 4 full time jobs. I'd jump at one of them. The people will only tolerate this lack of fairness for so long.

Could you program in C++?

ShaunieVW

Endthescam wrote: »

We can't all be top scientists. Schooling was different in my day. Now we are encouraging a society where people like me are consigned to the scrap heap. I'd put many of you to shame. I'd work any job and always do my best. Hard labour no bother.

Have you applied for many jobs? I've no idea what age you are but there is plenty of older lads working where I work, seems to be more jobs on the ground these days. Anyone can do hard labour. Upskill yourself if you can't get work in your sector.

Kinet1c

Endthescam wrote: »

We can't all be top scientists. Schooling was different in my day. Now we are encouraging a society where people like me are consigned to the scrap heap. I'd put many of you to shame. I'd work any job and always do my best. Hard labour no bother.

Those days are dead. We're one of the leading knowledge economies in the world which happens to have the English language as well as being on the right side of Europe for dealing with the US in terms of timezones. Adapt or get left behind.

Endthescam

lickme wrote: »

Could you program in C++?

In English?

lickme

Endthescam wrote: »

We can't all be top scientists. Schooling was different in my day. Now we are encouraging a society where people like me are consigned to the scrap heap. I'd put many of you to shame. I'd work any job and always do my best. Hard labour no bother.

There's such a thing as college. Government even have free college courses called springboard these days. No excuse for not upskilling.

lickme

Endthescam wrote: »

In English?

Point I'm trying to make is that you need to upskill to where the higher wages are. I'm on 40k at 26 and worked my hole of for 8 years to get that at my age(including college).

handlemaster

Endthescam wrote: »

In English?

LOL