People on the internet talking about their huge salaries

Pity they don't invent some sort of mobile device you could carry around and use no matter where you are.

I would consider 50k a good salary, earning a grand a week is good. What I find gets absolutely lost in these conversations is the level of tax you are paying though when comparing salaries. I interviewed people for a promotion you'd have went from 35k to 50k, with the difference in tax I just couldn't find too many interested given the extra role and responsibility.

I am not sure about this 75k number. It would be enough to make ends meet I suppose, but I disagree that there is no happiness in earning a lot more. If you earn a lot more than that you can put a lot away for the future in investments which is a different kind of happiness, it gives a kind of security that means you don't need to worry about losing your job. I think if someone is the type that they increase spending as they increase earnings, it might be the case that you only gain a fleeting happiness as you buy a better car or something.

I don't doubt it but those are the people who come on boards and wonder why everyone else is earning more than them.

You get the promotion, OK it might be a minor increase in take home pay but it'll put you in position for the next one and another bump in pay. Or being more senior puts you in the shop window to other employers. People who can't see that aren't going very far.

50k is only a "good salary" if you have no major outgoings like mortgage or childcare.

Average earnings are approx 49k, so I wouldn't call 50k great. It's good, but not great.

It's great at age 30, but just okay at age 40.

It's great for a single person outside a city, but not great for a family in a city.

I take a lot of things written online with a pinch of salt. Take for example so many alleged crypto influencers and content creators talking about the 50 times moon increase they have just earned on specific coins or tokens making them millionaires but then you notice the video in what looks like their mas box room. Also YouTube video of lucrative side hustles that they show a spreadsheet of earnings which look legit unti you notice the word potential.

I would never discuss with anyone my income or salary because it’s no one’s business. What I do know though is what is considered a high salary is subjective to each person.

I will say one thing. Anyone who is earning high 6 figure salaries it’s usually working every hour that godsends. They wouldn’t in my opinion have the time to do a flex ti strangers on the internet. A lot of times I see people advertise their huge bankroll to strangers online or in person is because they are trying to sell s product or service for others to be on the salary. Whether It’s legit or not anyone who boasts about a high salary to strangers is crass and usually a pipe dream.

For most of the first year of lockdown I thought all that Tik tok was for was for early teens do do basic dance routines. Over the last 5 months I was doing due diligence for a company that was launching their social media campaign on Tik tok so I spent a fair whack on it and all of those suppose side hustles is just attracting traffic to affiliate marketing sites which from I understanding will eventually become Ponzi schemes. The other major proportion of the videos are people selling 1:1 training on being viral Tik tok. Now obviously there are huge success stories but most smoke and mirrors. I do love seeing the real success stories when genuine.

I am a bit surprised by this one:

Age 30

Gross income = 160k

House worth 400k, with 200k mortgage

100k cash on deposit

Company shares = 150k

Pension = zero

I'd love to know what jobs are paying 160k by age 30?

I have noticed this especially on here and also on Reddit with the Americans talking about their "six figure salaries". Meanwhile I've never even seen a £100 note before. I just find people insufferable, I am so misanthropic that I can barely even stomach online chats nowadays.

I'm a 30 year old medical doctor on 75k (including overtime).

Hopefully that will upset some people.