If I Was Earning £2000 A Week

[johnny.5]

I would like to think I had enough saved up to tide me over for a few months topping up the £200 a week and not asking for a hand job oops hand out

https://www.bbc.co.uk/news/uk-england-nottinghamshire-52579634

Am I Right ?
I'm Not Wrong !

[ummmm]

2It would all depend on your overheads. 2k for a single person living in an area with reasonably low rents is decent money. If you had 5 kids and lived in London then that's another kettle of fish.

[Buenchico]

The lady in question, Ummmm, lives in Nottingham where, even in areas like Mapperley Park (which is definitely at the upmarket end of the city), property prices are a lot lower than they are in London. (The are some guideline prices, from 2018, on this page: https://www.nottinghampost.com/news/property/mapperley-park-youre-buying-house-172808 )

I agree though that many people (in all walks of life, including professional footballers, so-called 'celebrities' and even successful business people, who ought to know a thing or two about budgeting) tend to match their lifestyles closely to their incomes, with fixed monthly outgoings (such as mortgages) and who then come a cropper when there's a sudden drop in those incomes because they've spent everything they've earned as it came in and saved nothing at all.

[johnny.5]

they do not register their job
do they then not pay any tax on their earnings ?
do they still claim universal credits ?

[Buenchico]

I'm sure that it varies a great deal across sex workers, Johnny.

When I worked at a railway station we were very close to the town's rd light district, with several street workers travelling in by train to seek clients. Some were clearly struggling for money, having to spent just about everything they earned to support their drug habits. I very much doubt that any of those women registered their employment and paid tax on it.

Equally though, we had a lovely lady customer who ran an escort agency. She was always perfectly groomed (and clearly an excellent mother to her toddler daughter), as were all the women whom I met that worked for her business. I've no doubts at all that she would have registered her business with HMRC and ensured that all of her staff's tax affairs were fully in order. (Most of them probably wouldn't have got out of a bed [or, rather, into it] for a mere two grand a week though - and that was 15 years ago. Those women were clearly earning many, many times what the street girls were getting).

[ummmm]

Yes, people have terrible habits when it comes to money. My daughters BF earns twice as much as her but she always has more money than him. She's always saved.

[Theland]

That story sucks :-)

[Theland]

Time to get the kit off and earn a few Bob online :-)

[douglas9401]

Things are getting better all the time, she'll soon be back on her back.

[Theland]

Horizontal entrepreneur.

[david small]

Morals Of a ***. Wicked wicked world.

[ToraToraTora]

people tend to live to their means, so someone on £104k a year lives like that. Bigger/better things = bigger costs. But yes I tend to agree that you'dhope they'd manage to save a bit.

[Zacs-Master]

Coke ain’t cheap!

[CrapAtCryptics]

Earn £104,000 in 2020/2021 and you'll take home £68,164. This means £5,680 in your pocket a month.

Over the year you'll pay £29,896 income tax and £5,940 in National Insurance. Less Pension contributions. Most people could struggle by on that.

See here https://www.moneysavingexpert.com/tax-calculator/

[ToraToraTora]

CAC have you seen the "occupation" concerned?

[ToraToraTora]

to take home £2k a week on PAYE you'd have to earn £175k pa

[jourdain2]

Wow! I'd be rich!!!! I have a couple of pensions plus National Pension, which is below £150 per week because I was older when they introduced Nat. Pension level payment. In total, I get about £13K a year - and still pay tax. There is talk of removing the 'Triple-lock and this terrifies me.

[Spicerack]

2 grand a week?
What time is the next train from Newport to Nottingham, Chris?