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But the vast majority of people adjust their expenditure to their earnings. There are always exceptions but I don't believe that would be the case with you, if you earnt that much. Especially as usually you gradually increase your pay over time so it is smaller increments. Go from 20k-25k you...

£50k means taking home £3k a month. Rent / Mortgage, bills, doing a few things very quickly burns through that.

Depends what 'rich' is. I'd say even £75k+ down here you can be comfortable but certainly not 'rich'