Happiest Wage?
Originally Posted by markjmd
"Opps just realised take home pay on £50k is no where near £3k a month."
Eh? It's almost exactly £3K, to within just a few pounds.
UK Tax Calculator
Did that take off national insurance ???
"Opps just realised take home pay on £50k is no where near £3k a month."
Eh? It's almost exactly £3K, to within just a few pounds.
UK Tax Calculator
Did that take off national insurance ???
I think the issue (and I don't mean to single you out J4cko) is that people may become accustomed to certain things in life or a certain way of doing things.
Not sure if it's the same elsewhere, but up here in Lincs I could easily run everything J4cko has on a £50k wage. Hell me and the Mrs are gonna have a little 'un next Feb/March time and I'll only be on approx £13k and her £11k then.
You manage at the end of the day and my philosophy is to use the hard times as motivation to earn more and have ££ for the nice things. I learn't that when loosing my old job 2 years ago and going from £22k in a warehouse to £49.00 a week dole
Not sure if it's the same elsewhere, but up here in Lincs I could easily run everything J4cko has on a £50k wage. Hell me and the Mrs are gonna have a little 'un next Feb/March time and I'll only be on approx £13k and her £11k then.
You manage at the end of the day and my philosophy is to use the hard times as motivation to earn more and have ££ for the nice things. I learn't that when loosing my old job 2 years ago and going from £22k in a warehouse to £49.00 a week dole

Les
Here you go
£8,000.00 per month or £96,000.00 per annum for staying at home, in a 2.1m house at the taxpayers expence and recently upgraded to this area because they did not lik living in a poorer part of London not too sure you will find a lot happier anywhere...
http://www.dailymail.co.uk/news/arti...poor-area.html
Please explain how they could/would be happier working for thier money given their current income and previous job experience of a £6.50 per hour bus conductor and cleaner???
£8,000.00 per month or £96,000.00 per annum for staying at home, in a 2.1m house at the taxpayers expence and recently upgraded to this area because they did not lik living in a poorer part of London not too sure you will find a lot happier anywhere...
http://www.dailymail.co.uk/news/arti...poor-area.html
Please explain how they could/would be happier working for thier money given their current income and previous job experience of a £6.50 per hour bus conductor and cleaner???
Last edited by The Zohan; Jul 12, 2010 at 09:25 AM.
I'm pretty sure I'd not do much different if our household income doubled.
We'd only spend more doing what we already do.
I'd think about PX'ing the signum for a BMW 520, I'd still have a car. I'd get a carbon race bike with Dura ace components, I'd still have a bike. I'd spend more on a ski holiday...............I'd spend more on a mortgage.
None of these things would really make me happier. Quite happy with my lot and I realise there are planty worse off.
We'd only spend more doing what we already do.
I'd think about PX'ing the signum for a BMW 520, I'd still have a car. I'd get a carbon race bike with Dura ace components, I'd still have a bike. I'd spend more on a ski holiday...............I'd spend more on a mortgage.
None of these things would really make me happier. Quite happy with my lot and I realise there are planty worse off.
This doesn't work with me in all honesty.
Yes, 30 years ago I was penniless with debts around my neck - and I do spend more now than then ..... but when you spend what you need to spend having more doesn't make me spend more.
But, as Leslie rightly says .. the more I have the more I seem to accumulate ..
Yes, 30 years ago I was penniless with debts around my neck - and I do spend more now than then ..... but when you spend what you need to spend having more doesn't make me spend more.
But, as Leslie rightly says .. the more I have the more I seem to accumulate ..
I'm pretty sure I'd not do much different if our household income doubled.
We'd only spend more doing what we already do.
I'd think about PX'ing the signum for a BMW 520, I'd still have a car. I'd get a carbon race bike with Dura ace components, I'd still have a bike. I'd spend more on a ski holiday...............I'd spend more on a mortgage.
None of these things would really make me happier. Quite happy with my lot and I realise there are planty worse off.
We'd only spend more doing what we already do.
I'd think about PX'ing the signum for a BMW 520, I'd still have a car. I'd get a carbon race bike with Dura ace components, I'd still have a bike. I'd spend more on a ski holiday...............I'd spend more on a mortgage.
None of these things would really make me happier. Quite happy with my lot and I realise there are planty worse off.
I agree to some extent, but if ones income doubled it wouldn't be about buying a bigger car/bike/watch etc it would be about accumulating a bigger financial 'cushion' which means knowing that you could cope with any sort of disaster without stress. Also perhaps retiring earlier.
Would it make me happier if my income doubled? I wouldn't be happier as such, but a lot more relaxed knowing that my retirement would be a very financially care free one, and my family well looked after shsould I pop my clogs
I agree to some extent, but if ones income doubled it wouldn't be about buying a bigger car/bike/watch etc it would be about accumulating a bigger financial 'cushion' which means knowing that you could cope with any sort of disaster without stress. Also perhaps retiring earlier.
Would it make me happier if my income doubled? I wouldn't be happier as such, but a lot more relaxed knowing that my retirement would be a very financially care free one, and my family well looked after shsould I pop my clogs
Would it make me happier if my income doubled? I wouldn't be happier as such, but a lot more relaxed knowing that my retirement would be a very financially care free one, and my family well looked after shsould I pop my clogs
Les
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From: The Terry Crews of moderation. P P P P P P POWER!!
"Whoever says money doesn't buy happiness doesn't know where to shop!" - Unknown. 
I do sometimes wonder how some people live on the kind of wages one would get by, for example, working in retail etc.... especially when they have a family. I don't think that a decent wage is a pre-requsite for happiness, but it certainly helps!
.....
Now, if only I could get one!

I do sometimes wonder how some people live on the kind of wages one would get by, for example, working in retail etc.... especially when they have a family. I don't think that a decent wage is a pre-requsite for happiness, but it certainly helps!
..... Now, if only I could get one!
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