What Is A Good Salary In The UK?

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What Salary Puts You In The Top 10% In The UK
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In this video I wanted to share my investment portfolio that I hold with Trading212. Trading212 is an investment app for UK investors who are looking to purchase stocks and ETF’s from all around the world.
If you like to join our community here's our Discord group: / discord
As i’m very early on in my investment journey, I thought it would be great to document it here on RU-vid, to share my portfolio with full transparency, including what i’m invested in and how the portfolio is performing as I increase the value of it over time. Lets see how my portfolio does overtime!
If you want to see more investment portfolio updates, be sure to comment down below to let me know.
Disclaimer: All ideas presented within this video are that of my own based on my own opinions. Please do not consider any of these videos as financial advice as I am NOT a financial advisor. All financial decisions and choices made are solely your responsibility. The views shared in this video are just for entertainment purposes only.

Опубликовано:

17 окт 2023

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Комментарии : 64

@SilentEire 9 месяцев назад

Slightly above the average for my age-range. I see this as an absolute win

@bensbigjourney 9 месяцев назад

Nice one!!

@normhanson981 Месяц назад

Good luck mate .

@Dr.JubairsFinance 9 месяцев назад

Nice one Ben!

@bensbigjourney 9 месяцев назад

Thanks!

@bring_everything 9 месяцев назад

Doesn't matter how much you earn, you'll find a way to spend it.

@bensbigjourney 9 месяцев назад

That’s true! I’ve tried to limit myself with my spending as I’ve been guilty of this! When you earn more you feel you can spend more but you should try and limit yourself a bit!

@JJ-ev9uz 5 месяцев назад

if you are working in London though your cost of living is a lot more! travel socialising and rent/houses prises. you aren't better off

@bensbigjourney 5 месяцев назад

No yeah exactly London is very expensive

@sp_948 4 месяца назад

True but wages are a lot lower outside London too.

@JJ-ev9uz 4 месяца назад

@@sp_948 Yes but your out goings are alot less a month? this is my point its the same

@davidkentlondon 2 месяца назад

If you are working in london you need to work in one of the higher paying sectors.

@davidkentlondon 2 месяца назад

Ok. So I work in insurance and specifically in working out salaries and benchmarking them. I’m paid 3 times the average London Salary… but, in my line of work in the insurance industry the salary in the 60th percentile is closer to almost 10k a month before tax. Keep in mind that I am in HR which is not even where the decent money is. So yep, finance and insurance is where your bucks are at kids.

@Justaleedsthing 9 месяцев назад

I’m below the medium, I’m 26 and earn 1800 a month before tax and 1500 after, but it’s the best paid job I’ve had ( I’m from Yorkshire) but I’m looking to move jobs soon so hopefully be able to find a job that pays extra

@bensbigjourney 9 месяцев назад

Normally moving jobs really helps increase your pay I was on the same amount about a year ago too

@lewisstewart1015 3 месяца назад

YOU'RE BROKE! YOU'RE F**KING POOR

@connornuttall6483 9 месяцев назад

Not doing bad then at 19 doing a little better than average cheers for the video 👍

@bensbigjourney 9 месяцев назад

Nice!!

@cjyoung999 9 месяцев назад

I’m 22 and currently bring home over £3k (pre tax), I’m assuming your age range numbers are all pre tax as well? If so then I am way way ahead of the average.

@bensbigjourney 9 месяцев назад

Yeah all pre tax! That’s good!

@keithchegwin1222 7 месяцев назад

That's good, "take home" usually means after tax by the way. I've noticed the younger generation using it in a different way.

@blahbleh5671 Месяц назад

Wow! Go you!

@wholovesorangesoda4696 4 месяца назад

34 and I make 3200 a little more if I work more overtime a month minus tax I come out with 2500,2800 most I got was 3200 after tax.

@NorthernSpartan 9 месяцев назад

Are these numbers gross or net salary?

@ThaTurminator 5 месяцев назад

Gross.

@scrappyentrepreneur9100 17 дней назад

I'm 34 and making around £150k per year, so on paper, doing very well, but my lifestyle creep went completely mental and now I live paycheck to paycheck. Having to sell my house just to give myself breathing room again.

@bensbigjourney 12 дней назад

Oh wow! You’re doing really well though! Just got to try bring those living expenses down as much as possible which you seem to be doing.

@gavinbroughton 9 месяцев назад

Sorry but wasn't that the average, the 50th percentile, rather than the top 10%?

@bensbigjourney 9 месяцев назад

Yeah sorry I have averages top 10% uk would be a salary of £59,200

@RERTOxCRAFT 2 месяца назад

27 and my assistant manager jobs been cut across the country im now reduced pay and a sales assistant same amount of work 0 hours and now the max hours they can give are 9 hours a week 🙃 😢 looking for a new job 😢

@bensbigjourney 2 месяца назад

Oh no, I'm sorry to hear that! Hope you can find something soon!

@daniel_CVR 9 месяцев назад

Hey you must be happy. It was a good day for Palantir :) Hopefully a green portfolio update incoming!

@bensbigjourney 8 месяцев назад

Yeah was good! My average is still too high sadly haha

@ywiggan Месяц назад

Yep my sister works for the bank of england yearly salary £10000 a year lots of perks only goes into the office 2 days a month., free PT, 3 bonuses she is 59. 60k for me project management construction industry east sussex however I work 6 months and travel 6 months aged 58.

@jekw23 29 дней назад

Interesting. Is that contract roles for six months and then a new contract each time?

@ywiggan 28 дней назад

@@jekw23 Full time contract

@user-vl4ex5dr6o 2 месяца назад

are these numbers before tax or after? i get paid 8k before tax per month but the gov takes nearly half so im left with 4300 age 29.

@Dan_1348 Месяц назад

Before tax. I am in a very similar position atm 😔

@ThePasindu Месяц назад

What's your industry

@Dan_1348 Месяц назад

@@ThePasindu software, looking to move to fintech

@ChipZilla69 2 месяца назад

46 yo on 92.5k. very little education. I was a slow starter.

@Pl15604 2 месяца назад

No, if you are doing *more* than £2,260 then you are doing more than the average. But this is a fallacy!!! It would equate to £2,260x12=£27,120 a year, which means that ~50% of all PAYE salaries are LESS THAN £27k. This is a VERY worrying statistic. You shouldn't be focused on MORE but how many are earning less, because this figure should be going up as it is extremely low.

@33LB 2 месяца назад

why 50 to 64 earning so little?

@bensbigjourney 2 месяца назад

I guess some are retiring so puts the average down

@darrencarr9958 10 дней назад

Shocked at how low. My total income is about 220 K a year.

@bensbigjourney 10 дней назад

Yeah that is really low

@filipdobrin6515 8 месяцев назад

33 here and earn 60K+ as a lorry driver so I am earning a decent amount in the industry I am in and I am doing okish . Average earning is between 800 to 950 a week after tax as I get paid weekly so I am happy where I am at and the company I work for is not going bankrupt in my lifetime only if people turn and become vegans overnight .

@bensbigjourney 8 месяцев назад

Yeah that’s good nice one!

@twaltxn 2 месяца назад

i’m earning more than the average people who have family and kids yet i’m still struggling with none of that. this generation is fucked

@jackwardley3626 6 месяцев назад

Yeah but if you account for the average rent and mortgage council tax while running a vehicle on top of appliances food etc then pay is rubbish especially for the amount of work you have to just to get by. I would say to be able to live comfortably now and save by yourself looking at £4-5k

@cja12345 3 месяца назад

Uk salary is so trash, I'm happy I'm american.

@Abasiyacity 3 месяца назад

Americans work more hours, less worker protections and very little holiday

@sekee 3 месяца назад

@@Abasiyacity The pay makes up for it though. That's why everyone wants to work in the US

@Abasiyacity 3 месяца назад

@@sekee you have to take into account the cost of living in the US. Many people there live in extreme poverty regardless of pay. I certainly won’t want to live in the US unless I was rich.

@darrencarr9958 10 дней назад

Everyone? Been there done that …..no thanks.

@ukbondraider 2 месяца назад

All these salaries are terrible. I am apparently in the top 1%, but I don't consider myself rich. Im reluctant to eat out, go on holidays abroad, and do not drive new cars despite earning over £200k per year. However, everybody else is driving new cars and appear to be spending their last penny to go on holiday abroad each year.

@jemimaafriyie8965 2 месяца назад

Hmmmmm so what do you suggest?? Your comment caught my attention

@AName-pp8di 2 месяца назад

Everyone else is heavily in debt.

@jekw23 29 дней назад

Well only you know where your money is going. Do you save a lot or invest?

@ozzzer 16 дней назад

What do you do to make 200k

@samwhaler9369 9 дней назад

Have you got a massive mortgage? What do you spend your money on then if you don't go out or on holiday?

@Longlostpuss 9 месяцев назад

I was really surprised with Leicester, it's a decent city and should have higher averages than that, it's a bit shocking really. What is surprising is how much the salaries haven't really moved in the last 10 years and also there's not really much between the age ranges after 25. The age most men peak financially tends to be in their 40's, but the graph shows they're actually closer to their 25-30 year old counterparts than perhaps they should be.