Quickfire Roundup: The most recent data concludes that the top 1% of earners in the UK are earning £173,952 a year pre-tax income. This translates into £14,496 a month or £3,345 a week. Whilst these numbers are enormous these earners fall into the UK’s higher tax brackets meaning they pay 40% of earnings above £50,271 […]
What Is The Top 1 Percent Of Income UK? (It’s Lower Than You Think) Read More »
Quickfire Roundup: The Office for National Statistics reports that at the end of 2022, the average full-time salary in London is just shy of £37,000. Recent updates from the ONS suggests a 7.8% increase in salaries so far in 2023. This would put the London average salary at £39,886. The national average salary or median
What Is A Good Salary In London? (By A Real Londoner) Read More »
Quickfire Roundup: While a salary of £20k is below the UK national average of £33k, it’s important to consider that this figure doesn’t take into account the varying cost of living across different regions. In more rural areas, you may find that this salary provides a comfortable standard of living, but in a city like
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Quickfire Roundup: You might think a salary advance is a great idea because it is easy money, but it certainly comes with some considerations! Although it provides necessary cash in a pinch, you could become trapped in a spiral of debt. Fortunately, there are several alternatives to a salary advance that will boost your credit
The Pros and Cons Of A Salary Advance – (Should You Ask For one) Read More »
Quickfire Roundup: According to Statista, the median annual earnings for the United Kingdom was 33k in 2022. So, 75k is more than double the national average salary! Based on the same statistics, the average salary for those living in London was £41,866. Britain’s capital, of course, has a higher cost of living. However, £75k is still over £20k higher
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Quickfire Roundup: An annual salary of £55,000 is a very good wage in the UK. It is above the national average and would be more than suitable for living in an area like London. If you live somewhere where the cost of living is significantly lower, you can expect your £55,000 salary to go even
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Quickfire Roundup: Statistically, 65k is an amazing salary to earn in the UK. The average salary of UK residents in 2022 was 33k (based on median income data provided by Statista). 65k would allow you to live comfortably in the South East, West Midlands, Scotland, and Wales. 65k will also allow you to live in the most
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Quickfire Roundup: £45k is considered an above-average salary in the UK and should be more than enough to live on if you’re savvy with your money. However, you may struggle if you have dependents or live in an expensive part of the country. Budgeting can help you account for your day-to-day and monthly living expenses.
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Quickfire Roundup: A 90k salary is above the national average salary for a full-time employee. The average UK salary can range quite vastly depending on the exact location in the UK, with full-time workers in London earning an average yearly wage of £41,866 and those in North East England earning an average of £29,521, according
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Quickfire Roundup: If you’re earning £80k a year in the UK, your salary is well above the national average. Still, you may be wondering if it’s a good enough salary to suit your lifestyle while still saving to meet your financial goals. £80k can be a perfect salary, as long as you know how to
Is 80k A Good Salary In The UK? Read More »
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