100k not a huge salary in surrey

He’s right - it’s labour who are out of touch on this issue. They simply can’t come to terms with the idea that income =/= wealth. How much do you actually take home on £100k p/a? 

Yet heaven forbid poor lickle orphans shouldn’t get a cool mil tax free from their parents

System is absolutely fvcked 

It is true within the polite company of a small bubble of people.

But outside that it is monumentally crass and a dumb thing for a politician to say, in an election year especially so.

he said it is "not huge salary in our area if you have a mortgage to pay".

How is a mortgage something that others are supposed to have sympathy for?

What a chump.

And yet they refuse to raise salaries to a comfortable level for:

Care workers

Social workers

Teaching assistants

Teachers

Nurses

Nurse practitioners

Junior doctors

Firefighters

Police.

Some of whom will live and work in Surrey and earn significantly less than 100k.

Out of touch. Out of ideas. Blinkered and callous.

GE now pls.

it’s not huge, sorry, and you don’t have to live in a bubble or be “monumentally crass” whatever that means, to think so

some people earn 18k a year yeah

they don’t think 100k is “huge”, they just think it’s a lot more than they earn

Agree with g'wan.

Also, 

 Paralegals

 Most lawyers not in the City

 Anyone in law working for legal aid practices.

 Junior Officers, NCOs and ORs in HM Forces.

 

The tin with the label, Jeremy Khunt, when you open it, one will find what it says on the outside.

For a care worker with two kids after mortgage and bills are paid i think that leaves about 400 quid a month maybe? That is subsistence living so sorry laz 100k is huge. You do show yourself to live in a bubble sometimes fam.

 

The difference between 100k pa and 20k per year is to give an average family an extra 1k to 1.5k a month on disposable income.

Nothing to us. Lots to them.

Not sure what parsnips point is other than an ive got it humblebrag. But i remember him saying he thought Truss' premiership would herald a golden age so yeah nah

Yeah an extra 4k ish I would think

Which over 1 year is quite a big sum already  but over 10 yrs and with the compounding effect of paying down your mortgage and putting some away in an ISA etc it’s the difference between life being a struggle  and life being very comfortable.

There is a very odd disconnect on rof between ppl professing not to care about money, being glib about any sort of expenditure, bling crap cars ad nauseam, and the obsession with Other People’s Money.

It was a very stupid thing to say because this was always going to be the reaction (and because it draws attention to how debased the currency has become under these idiots).

In context it wasn’t an entirely unreasonable point though. Is 100k such a ‘huge’ salary that people earning it don’t need support with the (frankly crippling in the UK) cost of early years child care. I would say there is a sensible case for the threshold for that being raised. 

The cost of childcare is ridiculous. In South London it costs more than my mortgage to have nipper #2 in full time. Over the course two kids the cost of nursery will be the thick end of £100k. 

Jeremy Hunt is wrong though, obvs. £100k a year is an absolutely whacking wage, whether in Surrey or anywhere else. 

Is 100k such a ‘huge’ salary that people earning it don’t need support with the (frankly crippling in the UK) cost of early years child care.

At 100k, no one needs support, and I think it is quite ridiculous and out of touch with average people living of average salaries with no support from the Bank of Mum and Dad. That doesn't mean there cannot be good reasons for giving people at 100k some support anyway. There could be benefits for the kids. It could benefit the economy and support the financial independence of women. But if you're financially struggling with a 100k salary, you really have to rethink your priorities and reflect on your misplaced sense of entitlement. You should also realise that any income/expense support for people earning over 100k is primarily paid for by people who don't get that support.

You should also realise that any income/expense support for people earning over 100k is primarily paid for by people who don't get that support.

No, it's not. It's paid for by the state. 

We are the state. It's our tax they spend. And what they spend on childcare for high earners is not spend on the NHS, roads, police, pensions, ... Child care support for high earners is money flowing from other people (mostly high-tax paying people of course) to the supported people.

Why do parents need that help? They can pay the 40k from their income or savings and they can decide to stay home and not pay 40k. You need support when you can't pay for acceptable housing, food, or healthcare. You don't need support when you decide to bring your kids to childcare just to not have to put your career on hold. Parents who need to both work fulltime to get food on the table don't have a 100k+ family income.

If you're on a single income in a place like Farnham where the cheapest 3bed is £550k, and a moderately nice one is £700k, it's not a wealthy person salary. 

Christ the state of rof’s millennials’

The ones paying £2k pcm for their mortgage on a 3 bedder somewhere stabby? 

Yeah they’re the problem, not the old codgers who bought their house for 3&6 

Even on 100k...and with hyper careful management, the idea there would be 4k disposable income left for an average family a month is laughable but yeah crack on lads with the sneering.

I mean how can anyone think that 100k is anything other than a meagre annual sum to live on in Surrey?  

Once you have deducted the cost of essentials such as child care and private school fees, golf club membership, school trips to the Himalayas, Christmas skiing in St Moritz, there’s very little to spend on any forms of self indulgence at all. In our case it is shocking that we’ve had to switch to supermarket branded bubbly from our usual Bolly for dinner parties and most horribly we recently had to replace on the table our usual grand cru with house red. 

Hard times all round it seems. Thank god that in our case late Aunty Pandora left us our 5 bed detached house in Weybridge and mummy and sadly settle the council tax for us. Otherwise we’d be truly paupers. 

Indeed, but our poverty levels mean that we've had to let the chauffeur go, along with the full-time English-speaking nanny and two of the three gardeners. We do though have a Romanian house-helper (who seems to know her place) and a Polish handyman (whom we pay in cash only).  But even essential staff like these are hard to afford on our meagre six figure income....