This conversation is so peak man, none of these man considered the impact of not being able to save money. If I pay £1200 in rent and earnt £2000 id be stressed tf out all the time.
Really depends on how you look at it in my opinion, a colleague of mine lived like this for a year and saved £3600. Then he moved to a new job and was good!
Same as me I’m a graduate Quantity Surveyor I had to move to London from uni and half my cheque goes to rent. It’s temporary whilst I’m in a grad position but I manage to save quite a bit. You have to be organised and disciplined; a couple down bad months helped me realise that I was unnecessarily spending.
@@anesutheproducer once you qualify and start operating as a quantity surveyor, you are going to be rolling in cash. Stay learning right now and get chartered, dont worry about the money. Take it from someone thats been there and done that. When you are a grad you need to be where the action is to build your networks and contacts and you can relax later on and try to save money and move out to London-ish areas later on. The experience you pick up will give you 10x more return than the money you saved staying home or moving further away from where all the young surveyors are.
It doesn't work. Anywhere in zones 1-3 for your own place is going to cost £1500+ and thats probably for a tiny stuido in most places. A nice house share in zone 2 you're looking at 1200-1400. If you take home 30k which is about 2k a month after tax what are you going to live on. The underground cost 200+ a month. Food is expensive and thats not even accounting for other bills. You're keeping your head above water. What most people who rent in london don't tell you is that their parents are paying half the bill most likely, I know a lot. Unless you're clearing 60k its tough. People earning 28k in london are probably living in the sticks at the end of the central line or something.
@@AAron-jt1ciregardless of whether it works or not, it’s happening and it’s reality. People in these income brackets should be either registered with the council or living in housing association properties. That’s how a lot of them make it work. Either that or sharing the bills with a spouse
The problem is the difference between living comfortably and living. Yes you can survive on a 28k salary in London, even without flat sharing as long as you live in cheaper zones but you certainly will be worrying about money all the time and if you lose your job, you're screwed. A person living comfortably won't be extremely worried if they lose their job because they will have enough time to get another. They will have savings, they will already be living in luxury. A person earning 28k and not flat sharing will usually have no career progression too so it's even worse, they're just stuck there, no savings to buy them time and nothing to save them or upgrade their life.
I think it depends on your aspirations, tolerences and your circumstances. Like: do you own a car, is that car on HP or lease, do you travel for work, do you go out often, do you want to travel on your holidays, do you have student loan? Your accommodation cost is also a big factor, do you live alone, are you in zone 2,3 and can bus/ cycle to work or are you further out and paying crazy transportation money on trains? etc. So it's hard to say how much you need to survive, everyone's standards/ aspirations are different. I personally think as a broad assumption, you need to be on £35,000 - £40,000 today to be in a comfortable, no serious compromises situation in London. Make more than that and you can start saving to buy a house, pension etc.
The LFC brother has no clue what he's talking about. Getting a 1 bed for even £1100 is a good send, and then you have to factor in electricity/gas council tax etc and you are looking at nothing less then £1400 unless you want to live in somewhere that is a danger to life literally (insane amount of mould, filthy surroundings, failing of basic systems within the home, lack of any meaningful insulation etc
Can we be honest about who these people are that land these six figure salaries you're talking about. I'm not even mentioning people who have private school, top tier university networks, but a lot of times the highly paid employees are people who owned and ran companies, then decided to sell it. Then the buyer employs them as a consultant because of their knowledge of the business.
@@therealist2000 but who are they and where are they selected from is my point. The man who gets an economics degree from south bank or university of east london ain't getting them high pay industry jobs, he's gotta go deliver pizza.
Not necessarily… like was mentioned in the video if you have a particular skill set (e.g. coding) or a high acumen in finance, tech or fintech it often bodes well for you- meaning it’s only a matter of time before you start climbing up the pay scale. There are some people that you’ve mentioned that have done this, but the ratio is very small compared to those who’ve climbed up the ranks over a long period of time (who also happen to be from the ends and are now in their 30s)… From my personal experience, I feel that those who are street-wise and have an understanding of how to manoeuvre themselves within a competitive environment within a business can often outshine the private school grad etc. For example, I’ve been able to cut my way through to having senior stakeholder engagement/conversations despite not having stellar qualifications, yet my brand within the company has truly grown into ways I did not anticipate at all! I wouldn’t even solely put it down to having a particular skill set, but rather my observance of power structures within a company and knowing when to show-up/show-out at the right time… Now all of that said it is extremely hard to get your foot in the door (which is arguably the hardest part), but getting to that six figure salary has a lot to do with how you move when opportunities come your way, whether it be networking, upskilling, changing career trajectory…
This conversation is so peak man, none of these man considered the impact of not being able to save money. If I pay £1200 in rent and earnt £2000 id be stressed tf out all the time.
exactly. and if more than half your monthly pay cheque is going on rent, you are in trouble.
Really depends on how you look at it in my opinion, a colleague of mine lived like this for a year and saved £3600. Then he moved to a new job and was good!
Same as me I’m a graduate Quantity Surveyor I had to move to London from uni and half my cheque goes to rent. It’s temporary whilst I’m in a grad position but I manage to save quite a bit. You have to be organised and disciplined; a couple down bad months helped me realise that I was unnecessarily spending.
@@anesutheproducer once you qualify and start operating as a quantity surveyor, you are going to be rolling in cash. Stay learning right now and get chartered, dont worry about the money. Take it from someone thats been there and done that. When you are a grad you need to be where the action is to build your networks and contacts and you can relax later on and try to save money and move out to London-ish areas later on. The experience you pick up will give you 10x more return than the money you saved staying home or moving further away from where all the young surveyors are.
Tens of thousands of people in London earn less than 28K. It just depends on how you make it work.
But you have to have good prospects of earning more in the future for it to work.
@@jpswerve182100% correct.
It doesn't work. Anywhere in zones 1-3 for your own place is going to cost £1500+ and thats probably for a tiny stuido in most places. A nice house share in zone 2 you're looking at 1200-1400. If you take home 30k which is about 2k a month after tax what are you going to live on. The underground cost 200+ a month. Food is expensive and thats not even accounting for other bills. You're keeping your head above water. What most people who rent in london don't tell you is that their parents are paying half the bill most likely, I know a lot. Unless you're clearing 60k its tough. People earning 28k in london are probably living in the sticks at the end of the central line or something.
@@AAron-jt1ciregardless of whether it works or not, it’s happening and it’s reality. People in these income brackets should be either registered with the council or living in housing association properties. That’s how a lot of them make it work. Either that or sharing the bills with a spouse
Nonsense. I have my own place in London and do not pay £1500 per month. And survive. @@AAron-jt1ci
The problem is the difference between living comfortably and living. Yes you can survive on a 28k salary in London, even without flat sharing as long as you live in cheaper zones but you certainly will be worrying about money all the time and if you lose your job, you're screwed. A person living comfortably won't be extremely worried if they lose their job because they will have enough time to get another. They will have savings, they will already be living in luxury. A person earning 28k and not flat sharing will usually have no career progression too so it's even worse, they're just stuck there, no savings to buy them time and nothing to save them or upgrade their life.
Glad this came across my feed, was entertaining to watch. The sad thing is the fact that 35k ain't really helping most build a sustainable life.
Tbh, the 90s and 80s mandem conversation is brilliant!! ❤
I’d pay an extra 8-9 bills on top of my rent to NOT live Croydon 😂
I think it depends on your aspirations, tolerences and your circumstances. Like: do you own a car, is that car on HP or lease, do you travel for work, do you go out often, do you want to travel on your holidays, do you have student loan? Your accommodation cost is also a big factor, do you live alone, are you in zone 2,3 and can bus/ cycle to work or are you further out and paying crazy transportation money on trains? etc. So it's hard to say how much you need to survive, everyone's standards/ aspirations are different. I personally think as a broad assumption, you need to be on £35,000 - £40,000 today to be in a comfortable, no serious compromises situation in London. Make more than that and you can start saving to buy a house, pension etc.
£4k minimum to live 'somewhat' completely comfy....£6k to live comfortable.
Spot on
The don thinking you can get a nice 1 bed in croydon for 8-900 a month definitely hasnt moved out yet lmao!!!!
All of them are home owners
@@Man_like_L3onhow u know
@Man_like_L3on that's good. Maybe just out of touch then because 800 for a 1 bed is hilarious
@@Wanodrill1they have a podcast and talk about home owning with their wives all the time
defo moved out but also unaware of the pricing in zone 5, hasn't checked zoopla or rightmove in ages I bet! 😂
These mans live with their parents,you need to ask people that come here from overseas and are all by themselves with no help from no one
Thank you
Thanks for shining a light on 9-5 man getting it in
Liverpool isn't walking alone with this one
Lool man said games consoles since u were born 😂
The LFC brother has no clue what he's talking about. Getting a 1 bed for even £1100 is a good send, and then you have to factor in electricity/gas council tax etc and you are looking at nothing less then £1400 unless you want to live in somewhere that is a danger to life literally (insane amount of mould, filthy surroundings, failing of basic systems within the home, lack of any meaningful insulation etc
Can we be honest about who these people are that land these six figure salaries you're talking about. I'm not even mentioning people who have private school, top tier university networks, but a lot of times the highly paid employees are people who owned and ran companies, then decided to sell it. Then the buyer employs them as a consultant because of their knowledge of the business.
wait what? there are quite a number of people who earn six figures in the UK and they're in tech and finance?
@@therealist2000 but who are they and where are they selected from is my point. The man who gets an economics degree from south bank or university of east london ain't getting them high pay industry jobs, he's gotta go deliver pizza.
@@therealist2000 That is true but it is a small percentile of overall earners in London you earn over 60k you are in the top 10% of earners in london
Not necessarily… like was mentioned in the video if you have a particular skill set (e.g. coding) or a high acumen in finance, tech or fintech it often bodes well for you- meaning it’s only a matter of time before you start climbing up the pay scale. There are some people that you’ve mentioned that have done this, but the ratio is very small compared to those who’ve climbed up the ranks over a long period of time (who also happen to be from the ends and are now in their 30s)…
From my personal experience, I feel that those who are street-wise and have an understanding of how to manoeuvre themselves within a competitive environment within a business can often outshine the private school grad etc.
For example, I’ve been able to cut my way through to having senior stakeholder engagement/conversations despite not having stellar qualifications, yet my brand within the company has truly grown into ways I did not anticipate at all! I wouldn’t even solely put it down to having a particular skill set, but rather my observance of power structures within a company and knowing when to show-up/show-out at the right time…
Now all of that said it is extremely hard to get your foot in the door (which is arguably the hardest part), but getting to that six figure salary has a lot to do with how you move when opportunities come your way, whether it be networking, upskilling, changing career trajectory…
HEADLINE:
WHO SAID THAT ??
WHO SAID THAT ??
WHO SAID THAT ??
😂😂😂😂😂
I'VE BEEN ON THAT SALARY N SURVIVED 2YRS IN LONDON.
What area are you in and how much you save roughly a year
Anything less than 1k a week
Is a shambles if you live in london
I swear this is an older episode?
Must be as they’re all over 30 now
I know exactly what they mean at the Google HQ, still yet to eat at Meta/Facebook… 😂
I went to the office's in North London, it's like an amusement park never seen anything like it.
6:20 comedy
Your life is shit if you’re not able to save a minimum of a quarter of your income after expenses. I wouldn’t even work if I couldn’t do that.
Some time you ain’t got a choice unfortunately 🙃
that's some people reality though.. if you're not earning much you can't save much either way
You can survive but you can’t ball big difference and times are changing my boy
Daniel Sturridge has put on a lot of weight, is that why liverpool don’t play him ? 😂😂😂
bring back the 90s babies