Fishes, got a offer for 65k from one of the big4s. M relocating from Europe and this is my expenses calculation, and want your views: Rent - Shared room incl. utilities in a flat c.700-1000£; Living costs c.1200£ includes f&b, travel and other monthly costs. Post tax, do you think I can save 1900-2000£ a month

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Look up a uk salary calculator online. At 65k you’ll take home maybe 3500 a month (assuming no student loans) which leaves you 1300 left over with your current budget - so no you couldn’t save 2k.

Also I’d say that accommodation and utilities budget is pretty low, I’d assume you’re expecting to live outside London (zone 3+)

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@D1 East London. Feel free to dm me if you have questions.

Prior to my current job I earned less than that salary (£60,000). My rent is £870 for a room ensuite with just shared kitchen in a decent area. I contribute £200 to help to buy ISA and spend £400-£500 on monthly expenses (apart from rent and transportation every other thing here is cheaper). I am still able to save £2,000 a month most times. In the end I will say it comes down to your life style. Just to add I am single. So the dynamics may change if you have a family or dependents to take care of.

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@Author. It’s not a stupid question. It means a room with its own toilet and bath which you don’t share.

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Flat share life is for the birds. Might want to rearrange some of those other expenses and live like a proper adult.

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Agree, couldn't go back, I'm not 17 anymore

65k is c. 3,600 net a month.
Rent will be towards the higher range if not above if you want live not too far away from centre and with an ok flat.
If not then you have 100-150 for transportation already. Plus a few ubers if you go out.
1.9k-2k is doable but you d have to be frugal

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I wouldn't let a couple of hundred a month on day 1 be the deciding factor for whether to move over.

Moving countries is a huge commitment and shock (though the French community in London is very strong).

Why are you considering London? What do you want to achieve?

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£1200-1400 is more realistic

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If you are offered 65k CAD at a M level at a big 4, it’s a significantly low offer.

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Ah my bad

Is this as a new manager (promotion from SC) or an existing M moving from another Big Four firm?

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I ask because I’m at 2.5 yoe and in the mid 60s. At a boutique life science firm tho

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If you don't mind sharing, where are you coming from, what role, and what will you have? SM I bet?

I m French as well, feel free to DM if have questions

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I'm taking home 2.9k a month and I save about 2k during pandemic

What will be the budget in case I don’t opt for flat share

I'd say 1200 1300 without fees

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No way to save 2k on 65k salary

The monthly take home for £65k is £3,865.77, so they can definitely save £2k.

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