🇬🇧In the UK do you need to earn a lot less to be successful compared to USA?

[Anonymous]

Why is that? Americans act like 6 figures is barely enough to survive or middle class. How?

Where does your money go?

It’s about the same to be rich and successful

You need to earn a lot less

You need to earn a bit less

I’m not sure

You need to earn more than USA to be successful in the UK

[jennifer_bloom]

In the UK, it’s harder to financially distinguish yourself, because there is less upper class variability or high income repeatability on the professional pay scale for those who have manually driven themselves to upper income thresholds. That is my theory based on a few data impression Google visits I did of job payouts there. I have not researched this in a deep way so I might be wrong about this statement.

[Asker]

Let’s put it this way the top 1% threshold in the uk is £200k. You could earn that and eventually own a very big house and a Porsche etc… whereas 200k us people act like that’s enough to just be comfortable

[jennifer_bloom]

The American dollar is worth less than the UK dollar so 200 in UK money is not the same as 200 in American dollars.

[Asker]

It’s like saying 250-300k US

[jennifer_bloom]

200,000 USD is 150,000 British Pounds, so you would need 25% more in USD to equal the same pay scale in Britain. As well places in American like Seattle can get expensive: A Big Mac meal there is 11 British pounds.

[Sparklight]

I have heard it said that it is easier to be Middle Class and Lower Middle Class in The UK. It is easier to be Upper Middle Class and Upper Class in The States. I believe this to an extent.

[Sparklight]

Thanks for MHO.

[Nikki1989]

Having money doesn't equal success.

[Anonymous]

No one cares you fake.

[In_Trance]

That depends on how you're measuring success