2 ms·

Can you clarify modest income? The last time I read an article about living on one income the spouse was a high paid lawyer. The person in the article who talke

• gambiting 7y ago
  I make about £40k a year which is neither low nor very high by British standards and we could survive on my salary alone. Take home per month is about £2300, the mortgage is £700 a month which leaves plenty of money for bills and food and other expenses.
  • Retric 7y ago
    That seems fairly high for the UK. “The median annual income in the UK, according to the most recent Annual Survey of Hours and Earnings, is £28,677 for full-time employees.” 1.4x the median income is comparable to many dual income families in the UK. https://en.m.wikipedia.org/wiki/File:Number_of_Individuals_in_the_UK_by_Total_PreTax_Income.png https://en.m.wikipedia.org/wiki/File:Number_of_Individuals_i...
    • sokoloff 7y ago
      That seems to me to fit with the characterization "neither low nor very high".
    • unityByFreedom 7y ago
      Not so high. Also, that includes younger people than a person with 3 kids, and people who chose not to attend higher education. Presumably the median for his age group and education level is higher.
      • deleted 7y ago
        [deleted]