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Is a weekly wage of €700 considered a 'resonably well paid job'?

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Comments

  • Moderators, Science, Health & Environment Moderators, Social & Fun Moderators, Society & Culture Moderators Posts: 60,112 Mod ✭✭✭✭Tar.Aldarion


    graduate what?


  • Registered Users, Registered Users 2 Posts: 6,048 ✭✭✭Hilly Bill


    Its only a good wage to those that are on less .


  • Posts: 17,378 ✭✭✭✭ [Deleted User]


    I used to make more teaching English.. Qualifications were white skin and a 4 week course and then a hard 6 days a week work.


  • Registered Users, Registered Users 2 Posts: 14,368 ✭✭✭✭SteelyDanJalapeno


    graduate what?

    Applied Electronics

    HDD/SSD Drive Engineer


  • Registered Users, Registered Users 2 Posts: 648 ✭✭✭VEN


    Geuze wrote: »
    A typical retired teacher gets a pension of 700 gross.


    I work with dozens of people on 75k gross with 70 days leave - nice job.


    thats f&^$ing gross


  • Registered Users, Registered Users 2 Posts: 648 ✭✭✭VEN


    repsol wrote:
    Meal out once a week is 80 to 150 plus 50 for a babysitter.

    :pac:


  • Moderators, Science, Health & Environment Moderators, Social & Fun Moderators, Society & Culture Moderators Posts: 60,112 Mod ✭✭✭✭Tar.Aldarion


    repsol wrote: »
    Decent trolley of shopping could be the guts of 200 quid. VHI is 60 per week approx. Meal out once a week is 80 to 150 plus 50 for a babysitter.SKY is 30 a week. Diesel/tolls can be expensive for those commuting long distance especially.Car repayments and mortgage.Some people are paying the equivalent of a mortgage in creche fees(not me thank God).Utility bills.Car and house insurance.Savings into Credit Union.Money for holidays and Xmas.Kids need shoes,clothes etc all the time as they grow.Doctors and prescriptions when required.Dentist visits.Spending money in pocket for general stuff for me and the wife.The occasional takeaway. You obviously don't have kids/wife or own a house.Makes a huge difference:)


    Can I see your 150e dinner menu!

    http://i.imgur.com/dHJJa.gif


  • Registered Users, Registered Users 2 Posts: 7,134 ✭✭✭Lux23


    I would be very happy with that, I could save €500 a month and still have plenty to spare to play around with.

    Where can I get this job?


  • Closed Accounts Posts: 9,534 ✭✭✭SV


    80 to 150 for a meal out...ah jaysus lads would ye put back the caviar and 16oz Venison steaks.


  • Moderators, Science, Health & Environment Moderators, Social & Fun Moderators, Society & Culture Moderators Posts: 60,112 Mod ✭✭✭✭Tar.Aldarion


    Lux23 wrote: »
    I would be very happy with that, I could save €500 a month and still have plenty to spare to play around with.

    Where can I get this job?

    Could save much more than that and be very comfortable if you don't have kids. easily save 300-400 euro a week.


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  • Moderators, Motoring & Transport Moderators, Music Moderators Posts: 12,781 Mod ✭✭✭✭Zascar


    Lux23 wrote: »
    I would be very happy with that, I could save €500 a month and still have plenty to spare to play around with.
    No you wouldn't. You may think you would but most people usually end up living close to their means. Your living standard will increase and you'll still spend most of it by the end of the month...


  • Closed Accounts Posts: 1,760 ✭✭✭summerskin


    make more than that per week after tax, but with a wife and two kids it's still sometimes a struggle to get to the end of the month after paying all the bills etc.

    That said, we have no debts at all, pay a reasonable rent on a 5 bed detached house, have two cars(one 5 years old one ten years old), have at least two overseas holidays a year(which my annual bonus usually covers) and have a 6 figure sum in the bank after selling our last place in the UK, so we're not struggling mightily, however we do need to dip into our savings more often than we'd like.


  • Registered Users, Registered Users 2 Posts: 22,929 ✭✭✭✭ShadowHearth


    Considering my wages next week going to be 150eu, I would kill for a 700eu after tax wage job.


  • Registered Users, Registered Users 2 Posts: 910 ✭✭✭rick_fantastic


    i make quite a bit more that 700 per week after tax... after saving around 1500 a month i still manage to be in my overdraft every month..

    no debt or kids but i live quite well :)

    getting married later this year and planning kids so enjoying my quality of life for a few months more before it all goes downhill..


  • Closed Accounts Posts: 1,760 ✭✭✭summerskin


    i make quite a bit more that 700 per week after tax... after saving around 1500 a month i still manage to be in my overdraft every month..

    no debt or kids but i live quite well :)

    getting married later this year and planning kids so enjoying my quality of life for a few months more before it all goes downhill..

    save less, perhaps???


  • Registered Users, Registered Users 2 Posts: 1,311 ✭✭✭Procasinator


    summerskin wrote: »
    make more than that per week after tax, but with a wife and two kids it's still sometimes a struggle to get to the end of the month after paying all the bills etc.

    That said, we have no debts at all, pay a reasonable rent on a 5 bed detached house, have two cars(one 5 years old one ten years old), have at least two overseas holidays a year(which my annual bonus usually covers) and have a 6 figure sum in the bank after selling our last place in the UK, so we're not struggling mightily, however we do need to dip into our savings more often than we'd like.

    If you have liquid assets worth 6 figures, you are not struggling financially at all.


  • Closed Accounts Posts: 1,760 ✭✭✭summerskin


    If you have liquid assets worth 6 figures, you are not struggling financially at all.

    No, but if we hadn't sold our old house we would not have the savings, and would then struggle to make it to the end of the month, as we did for the years before we sold up, and as we do now if we don't use some of our savings.


  • Registered Users, Registered Users 2 Posts: 1,311 ✭✭✭Procasinator


    summerskin wrote: »
    No, but if we hadn't sold our old house we would not have the savings, and would then struggle to make it to the end of the month, as we did for the years before we sold up, and as we do now if we don't use some of our savings.

    Yeah, I get your outgoings costs are larger than your incoming and it's always better to not be this way. But while a lot of people would rely on credit cards, loans and/or cuts in living standard in this situation, you have a decent sum of money to fall back on.


  • Closed Accounts Posts: 1,760 ✭✭✭summerskin


    Yeah, I get your outgoings costs are larger than your incoming and it's always better to not be this way. But while a lot of people would rely on credit cards, loans and/or cuts in living standard in this situation, you have a decent sum of money to fall back on.

    for now. of course if we have to keep dipping in to it, our safety net will disappear pretty quickly.


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  • Registered Users, Registered Users 2 Posts: 852 ✭✭✭CrackisWhack


    I wouldnt get out of bed for €700 a week, AH must be full of paupers;)


  • Administrators Posts: 54,619 Admin ✭✭✭✭✭awec


    Depends where you live too. 700 a week in Dublin is a totally different prospect to 700 a week out in the sticks.


  • Registered Users, Registered Users 2 Posts: 4,535 ✭✭✭Raekwon


    For a young single person with no dependants, €2800 per month is an excellent wage, even if you are living in Dublin.

    If you take €1,000 away for renting a decent one bedroom apartment in the city centre, €300 for all utility/phone/internet bills, €300 for food, €100 travel pass/petrol then you're left with around €1,100 to live on or save.

    If you also consider that somebody on the minimum wage gets slightly under €1400 per month after tax then it really puts your wage into perspective.


  • Closed Accounts Posts: 1,232 ✭✭✭ITS_A_BADGER


    awec wrote: »
    Depends where you live too. 700 a week in Dublin is a totally different prospect to 700 a week out in the sticks.

    surely you could survive on 700 a week in dublin


  • Registered Users, Registered Users 2 Posts: 1,752 ✭✭✭markesmith


    surely you could survive on 700 a week in dublin

    Of course, but you'd obviously save less, or live less like a Lord, than if you were on 700 a week in Connemara


  • Administrators Posts: 54,619 Admin ✭✭✭✭✭awec


    surely you could survive on 700 a week in dublin
    Yes but 700 in the sticks will go a lot further than 700 in Dublin.


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  • Closed Accounts Posts: 1,232 ✭✭✭ITS_A_BADGER


    markesmith wrote: »
    Of course, but you'd obviously save less, or live less like a Lord, than if you were on 700 a week in Connemara

    Fair enough there is a big difference in rent between the city and countryside but, then how is a 700eur a week job not a well paid job in Dublin, I mean there couldnt be that much of a significant difference in wage because a person might live in the capital compared to elsewhere doing the same job


  • Registered Users, Registered Users 2 Posts: 1,639 ✭✭✭Sugar Free


    Raekwon wrote: »
    For a young single person with no dependants, €2800 per month is an excellent wage, even if you are living in Dublin.

    If you take €1,000 away for renting a decent one bedroom apartment in the city centre, €300 for all utility/phone/internet bills, €300 for food, €100 travel pass/petrol then you're left with around €1,100 to live on or save.

    If you also consider that somebody on the minimum wage gets slightly under €1400 per month after tax then it really puts your wage into perspective.

    While I agree with the post in general, 1000E on rent, even for Dublin city centre, is a lot. I don't know anyone who pays that much by themselves for a one bedroom apartment.


  • Registered Users, Registered Users 2 Posts: 7,065 ✭✭✭Fighting Irish


    awec wrote: »
    Yes but 700 in the sticks will go a lot further than 700 in Dublin.

    Sort of depends really

    The only thing more expensive about dublin is rent


  • Registered Users, Registered Users 2 Posts: 7,436 ✭✭✭bladespin


    awec wrote: »
    Depends where you live too. 700 a week in Dublin is a totally different prospect to 700 a week out in the sticks.

    Makes very little difference, if anything it's more expensive to live outside the city these days.

    MasteryDarts Ireland - Master your game!



  • Registered Users, Registered Users 2 Posts: 4,535 ✭✭✭Raekwon


    Sugar Free wrote: »
    While I agree with the post in general, 1000E on rent, even for Dublin city centre, is a lot. I don't know anyone who pays that much by themselves for a one bedroom apartment.

    I knew this would come up, that's why I put the word 'decent' in italics.

    €1,000 is an approximate figure for the average price of a one bedroom apartment in Dublin city centre and if you look at the first page of Daft.ie the price range for a one bedroom apartments range from €795 to €1,400.

    Of course the apartment for €795 is absolutely tiny and dated and isn't in a great area, while the apartment for €1,400 is quite spacious and modern and is in a great location.

    So a decent apartment in the city centre would be somewhere in between and cost around €1,000 per month on average.


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  • Registered Users, Registered Users 2 Posts: 11,264 ✭✭✭✭jester77


    awec wrote: »
    Yes but 700 in the sticks will go a lot further than 700 in Dublin.

    Would it though?

    In the city you don't need a car, public transport is available, you can walk to shops, bars, restaurant, work, etc. Whereas in the sticks you need a car, which also entails petrol, tax, insurance, repairs, NCT, etc. Whatever you might save in rent you will pay out in transport.


  • Administrators Posts: 54,619 Admin ✭✭✭✭✭awec


    jester77 wrote: »
    Would it though?

    In the city you don't need a car, public transport is available, you can walk to shops, bars, restaurant, work, etc. Whereas in the sticks you need a car, which also entails petrol, tax, insurance, repairs, NCT, etc. Whatever you might save in rent you will pay out in transport.
    Public transport in Dublin is not exactly brilliant. Dublin isn't London, you can't really get away without a car.


  • Registered Users, Registered Users 2 Posts: 11,227 ✭✭✭✭martingriff


    Tom_Cruise wrote: »
    After tax etc?


    I am on €404 after tax so ya its great. What is the job


  • Closed Accounts Posts: 113 ✭✭Jack breen


    I am on about 80 euro more a week but I work 7 days but for 9 hours a day. I only take a weekend off every 6 or 7 weeks.


  • Registered Users, Registered Users 2 Posts: 1,639 ✭✭✭Sugar Free


    Raekwon wrote: »
    I knew this would come up, that's why I put the word 'decent' in italics.

    €1,000 is an approximate figure for the average price of a one bedroom apartment in Dublin city centre and if you look at the first page of Daft.ie the price range for a one bedroom apartments range from €795 to €1,400.

    Of course the apartment for €795 is absolutely tiny and dated and isn't in a great area, while the apartment for €1,400 is quite spacious and modern and is in a great location.

    So a decent apartment in the city centre would be somewhere in between and cost around €1,000 per month on average.

    Oh no, I fully agree with the point about a decent apartment and it's price. I just don't know anyone who lives on their own and pays 1000E or higher each month. As in, for a one bedroom apartment, they'd usually live with a bf/gf so even the 1400E place is 700E each rather than 1000E.

    Those who are single or who don't live with their partner, would generally share a 2 or 3 bed place with others, in my experience.

    Just a minor point and based only on my own experience, that of others such as yours could of course be different!


  • Registered Users, Registered Users 2 Posts: 749 ✭✭✭EmptyTree


    jester77 wrote: »
    Would it though?

    In the city you don't need a car, public transport is available, you can walk to shops, bars, restaurant, work, etc. Whereas in the sticks you need a car, which also entails petrol, tax, insurance, repairs, NCT, etc. Whatever you might save in rent you will pay out in transport.

    It depends on what you consider "the sticks".

    If you're in complete isolation, miles from anything, then yes, you're 100% right.

    But if you lived in a town, say Donegal or Longford......
    Sort of depends really

    The only thing more expensive about dublin is rent

    Duno, IMO, a night out in Dublin is a few bob more (alcohol, food etc,.)


  • Registered Users, Registered Users 2 Posts: 11,906 ✭✭✭✭PhlegmyMoses


    awec wrote: »
    Public transport in Dublin is not exactly brilliant. Dublin isn't London, you can't really get away without a car.

    What? Of course you can get away without a car. I had a car at 20 and got rid after a year because I was barely using it. I still have very little need, despite us having one now.


  • Registered Users, Registered Users 2 Posts: 754 ✭✭✭repsol


    surely you could survive on 700 a week in dublin

    "survive" is setting the bar a bit low.I think most people want to do better than just survive.


  • Registered Users, Registered Users 2 Posts: 1,311 ✭✭✭Procasinator


    Jack breen wrote: »
    I am on about 80 euro more a week but I work 7 days but for 9 hours a day. I only take a weekend off every 6 or 7 weeks.

    Are you self-employed? Works out at about €12 an hour.


  • Registered Users, Registered Users 2 Posts: 11,220 ✭✭✭✭B.A._Baracus


    Is 700 euro a resonably well paid job?

    Well considering how most places will start you off at €8.65 an hour (Thats only €346 for a 40 hour week) ... So yeah 700 is reasonably well paid. Gimme that any day over 346.


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  • Registered Users, Registered Users 2 Posts: 24,007 ✭✭✭✭ted1


    Its not great, especially of your trying to support a family

    Mortgage 900
    House insurance 30
    life 30
    UPC 80
    ESb 60
    Gas 60
    Montesorri 250
    Glohealth 150
    Car tax 30
    Car insurance 30
    Petrol 120
    say 150 groceries per week =600
    mobiles 2*50=100

    Total fixed outgoings= 2440
    2800-2440= 360 cash


    so after all this your left for 360 cash, per moneht, don't forget to factor things like car repair, boiler repair, school trips, presents, clothes

    and your left with much less.
    the remainder is your social budget which will give you a 6 pack of dutch gold.

    So 700 is not enough


  • Registered Users, Registered Users 2 Posts: 5,200 ✭✭✭muppetkiller


    It's a serious amount of money folks whatever your situation.
    700 euro is about 160 pints of beer a week !!! Crazy money.


  • Registered Users, Registered Users 2 Posts: 5,200 ✭✭✭muppetkiller


    ted1 wrote: »
    say 150 groceries per week =600

    150 on Groceries a week ? Good grief ....That's a massive amount of money.


  • Registered Users, Registered Users 2 Posts: 24,007 ✭✭✭✭ted1


    It's the nappies and cleaning products etc that bring it up. (shop in Aldi and Dunnes)

    The food bill might only be 50% of that.


  • Registered Users, Registered Users 2 Posts: 4,535 ✭✭✭Raekwon


    Sugar Free wrote: »
    Oh no, I fully agree with the point about a decent apartment and it's price. I just don't know anyone who lives on their own and pays 1000E or higher each month. As in, for a one bedroom apartment, they'd usually live with a bf/gf so even the 1400E place is 700E each rather than 1000E.

    Those who are single or who don't live with their partner, would generally share a 2 or 3 bed place with others, in my experience.

    Just a minor point and based only on my own experience, that of others such as yours could of course be different!

    You are right, most people would live with either a partner or a flat mate as it's way cheaper, but I was going on the assumption that a single person with that much disposable income would probably want their own space as they could well afford it.
    What? Of course you can get away without a car. I had a car at 20 and got rid after a year because I was barely using it. I still have very little need, despite us having one now.

    But what if you lived around either the Swords or Shankill areas and worked in a large industrial estate like City West or Park West? It would be 25 minutes in a car OR a bus/DART trip into town then a LUAS trip into work which could take the guts of 2 hours twice a day, 5 days per week. F**k that!


  • Closed Accounts Posts: 1,232 ✭✭✭ITS_A_BADGER


    repsol wrote: »
    "survive" is setting the bar a bit low.I think most people want to do better than just survive.

    You're missing the point i was making 700eur is double what a person on mininum wage would earn in a week, You could do more then just scrape by on that wage


  • Closed Accounts Posts: 1,760 ✭✭✭summerskin


    150 on Groceries a week ? Good grief ....That's a massive amount of money.

    nonsense. we spend 150-200 each week for a family of 4 and often need to pick up essentials by thursday or friday.

    28 breakfasts, 28 lunches, 28 dinners... all adds up.


  • Closed Accounts Posts: 1,760 ✭✭✭summerskin


    Sugar Free wrote: »
    Oh no, I fully agree with the point about a decent apartment and it's price. I just don't know anyone who lives on their own and pays 1000E or higher each month. As in, for a one bedroom apartment, they'd usually live with a bf/gf so even the 1400E place is 700E each rather than 1000E.

    Those who are single or who don't live with their partner, would generally share a 2 or 3 bed place with others, in my experience.

    Just a minor point and based only on my own experience, that of others such as yours could of course be different!

    Speaking personally I would never share a house or flat with anyone and never did in my younger years. Far better to spend a bit more and have your own space.


  • Registered Users, Registered Users 2 Posts: 11,220 ✭✭✭✭B.A._Baracus


    You're missing the point i was making 700eur is double what a person on mininum wage would earn in a week, You could do more then just scrape by on that wage

    Agreed.
    A person on €346 can barely just survive. Thats not to say someone on €700 is rich or anything. Ireland is a bloody rip off :rolleyes: But with double the min wage you have more to play with or save.

    Give me €700 euro any day.


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  • Closed Accounts Posts: 2,563 ✭✭✭dd972


    DART driver, €48,000 big ones a year, and the closed shop of closed shops, more chance of becoming the next pope or playing for Real Madrid then joining them lads.


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