Quickfire Roundup: The official average UK salary is currently £33,282 a year or £640 a week. However, the ONS recently released data stating a 7.8% increase (without bonuses included) in salaries in 2023 so far. Based on my calculations this would place the current UK average salary at £35,257. Some discrepancies appear due to age, […]
What Is The Average UK Salary? (All You Need To Know) Read More »
Quickfire Roundup: Food prices have been rising due to inflation, and currently, the average 1-person household spends around £40.70 per week on their food shop. If you increase this to a family of four, the average spend goes up to £107.50 a week. This amount is £2,116.40 per year for a single person and £5,590
How Much Does The Average Person Spend A Week On A Food Shop? Read More »
£100,000 is a top salary and puts you amongst the higher earners in the UK and it’s well above the median wage in the UK by £77,000 a year. This amount should be more than enough to support yourself or your growing family, and as long as you handle your outgoings correctly, it should allow
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In this article, we’ll look at what is emergency tax, ways to stop it and how to get it back. It’s happened to most of us. We’ve started a new role, and suddenly on our first paycheck, we’re hit with the dreaded emergency tax. It’s never a pleasant experience as you are often left thinking
What Is Emergency Tax And How Do I Get Off It? Read More »
Everyone is different. Comfort for one person on a similar wage could be a struggle for another. There are so many variables at play that could differ by the postcode you live in or the amount of kids you have. Quality of life is also entirely subjective and difficult to place a finger on. However,
How Much Money Do You Need To Live Comfortably In The UK? Read More »
£35,000 a year is an above-average salary compared to wages across the UK and, if used correctly, should be more than enough to support yourself and your family. If you live in London, this wage will be a little more challenging, being £3k under the average salary for London, so you’ll need to budget and
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£25,000 a year is a below-average salary compared to wages across the UK but, in most cases, is more than enough to support yourself and your family. If you live in London, this wage will be challenging, being £17k under the average salary for London, so you’ll need to budget, find bargains and make intelligent
Is 25k A Good Salary In The UK? Read More »
£70,000 is an excellent salary and is well above the median wage for the UK and London. Whether or not you find 70k to be a good salary will depend on your current financial and living situation. If you live in London, you could expect £70,000 to go quite a long way but compared with
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£30,000 a year is a slightly below average salary compared to wages across the UK but, in most cases, is more than enough to support yourself. For London, this wage can prove challenging to manoeuvre, being £11k under the average salary, so it will require some good budgeting and savvy financial decisions to get by.
Is 30k A Good Salary In The UK? Read More »
£40,000 is an excellent salary and, in most cases, is more than enough to support yourself. It is just above the median wage for the UK, slightly below London’s, but it will all depend on your current financial situation and how many dependents you have. If you live in London, you could expect £40k to
Is 40k A Year A Good Salary In The UK? Read More »
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