Aldebaran

Hi,

I think I'm very close to getting offered a job in IT at $70,000 per annum

Is it a good wage? Would I be able to live comfortably? I'm still in the UK and I had a look on some job websites but I'd like to get some feedback from real people


Thanks for any input
AL

The Bloke

If I was getting $70000, I'd be in the lap of luxury.

Wendy

I'd be happy with that too

To the OP - Depends on what type of lifestyle you want, your spending habits, where you are wanting to live, how big your house is going to be etc etc. But yeah, $70k is a good start and if you find it's not enought then you can always look for something else

cranni

Im sure you will have enough to live on and more.
Depending on your lifestyle of course
Good luck, fingers crossed.
Denise

jad n rich

That would be about 50 after tax, with 3 kids that would not even cover our bills and we are mortage free.

Family size matters

Wendy

I'd get them kids out to bloody work mate.

jad n rich

One works, apprentice tho, poor lovey needs a bit of a sub now and again At least we dont have to pay for uni.

Wendy

Don't even mention that :scared: We have to pay for our son in the UK this year. It's cost us 5000GBP so far and he hasn't even started yet :scared:

Aldebaran

Thanks for the replies so far

We have no kids - just myself and wife and pets.

We're not big spenders.

So we should be able to cover a $300,000 mortgage (or a bit bigger) OK ?

Thanks,
AL

jad n rich

No kids you will be fine then

Sandra

Where are you intending to live? Does the 70K mean a package and include superannuation or is that on top. With a $300K mortgage you are not going to be living high on the hog in some areas.

For some thought process check your current percentages - eg Do you currently manage on 28K GBP and have 120K mortgage. Can you do the calculation that shows your current disposable percentage income and compare that to what you are moving to. If the answer is yes for your lifestyle then things are possibly going to be the same here. I also want to add money isn't always the total reason for moving but can be a big factor in enojoying some things

There are masses of other factors to take into account. Holidays, working hours, expense of travel to work etc etc


Have fun

Fed Up Waiting

Mate if your in Glasgow and your up for $70k over here your gonna be all right.

"G" some people have all the luck.... $36 is more like average for Mr Average work.

Good luck

tabby

You could check on a home loan calc such as www.rams.com.au

tabby

If your lucky my 1st job was only $33,000 a year and that was as causal so no hols paid or sick but included 23% loading... :scared:

Fed Up Waiting

Its a bit of a shock isnt it! the real world in Aus