Struggling on £40,000 a year?
03 December 2011, 06:57 AM
#123
Interesting to read some of the varying sentiments on this thread.
Having lived off £10k a year for a year in the past, and then not much more in subsequent years, I don't understand how some people are saying they struggle so much to live off £40k.
I think the overriding problem is that anybody will struggle, whatever they're earning if they're not sensible with their money.
Yes, we all like a beer and a holiday now and then, but the responsible thing to do to get there is to save where we can; in the past 10 years that have flown by, I saw successive politicians telling us to spend spend spend, borrow borrow borrow, and sadly in my eyes it's resulted in a generation who want everything now but many who don't want to have to face up to the responsibility of paying for what they've got later, and then whinge about it when they have to.
I have friends who work in a factory making meals on wheels; they both earned minimum wage, paid hourly, for over 10 years, and did all the overtime they could.
They don't go out much, but save all their money for a nice holiday every year, and they managed to save enough to get on the housing ladder and ended up with quite a nice 3 bed property too.
Oh, and with the money they saved, my mate went on an open university course and has managed to get himself a job in the factory's offices as an accountant now, and for the first time in his life is on a salaried wage, finally earning better money.
They are proof to me that even if you earn a pittance of a wage, you can live well enough if you're willing to make trade offs, and I'm really happy for them both considering how much effort they've expended to get where they are.
At the risk of almost being certainly being flamed here, I'd suggest those who say "my life's tough on £30k" (and this is more directed at those without children) - need to re-examine their priorities, particularly where they live, the size of their property, and the car etc.
I love my scoob, but if money was tight, or I needed the money quick, I wouldn't hesitate in selling it for a cheaper runaround, or even chopping it in completely and getting a scooter (public transport is more expensive where I live - go figure!).
Too many, especially youngesters nowadays, seem to think they have a god given right to have Sky TV, a car, the latest mobile, etc given to them on a plate. I don't often meet younger people who consider saving their money to be a sensible thing to do, although this was something drilled into me by my parents from an early age (i.e. spend only what you need to, save the rest).
I think perhaps one good thing that might come out of the current economic slump, is that peoples' attitude to money might change, and they may appreciate what they already have a bit more.
We've had it so easy for the last 10 years that perhaps we all need to come back down to earth with a bit of a bang.
Perhaps people might finally sit down, and work out where their money's going and then try and budget a little and start saving again - god knows a lot of us need to.
So many of my friends in the private sector don't even have pensions and I have no idea where they think their magic money's going to come from when they eventually retire - the government? Don't make me laugh!
It's all too easy to blame the bankers, the government etc, but many people have themselves to blame - those who irresponsibily borrowed way beyond their means for no other reason than because they were being greedy and wanted a bigger or better house, car or other material items before they were capable of properly affording them.
I cannot imagine how horrible it must be for some people to have to try and sell their houses in the current market, probably in negative equity, when they borrowed more than they could afford and now potentially stand to lose over £20-40k they couldn't afford to lose in the first place.
Oh, and as for the benefit scroungers (as opposed to the genuine people who cannot work) - don't get me started!
Having lived off £10k a year for a year in the past, and then not much more in subsequent years, I don't understand how some people are saying they struggle so much to live off £40k.
I think the overriding problem is that anybody will struggle, whatever they're earning if they're not sensible with their money.
Yes, we all like a beer and a holiday now and then, but the responsible thing to do to get there is to save where we can; in the past 10 years that have flown by, I saw successive politicians telling us to spend spend spend, borrow borrow borrow, and sadly in my eyes it's resulted in a generation who want everything now but many who don't want to have to face up to the responsibility of paying for what they've got later, and then whinge about it when they have to.
I have friends who work in a factory making meals on wheels; they both earned minimum wage, paid hourly, for over 10 years, and did all the overtime they could.
They don't go out much, but save all their money for a nice holiday every year, and they managed to save enough to get on the housing ladder and ended up with quite a nice 3 bed property too.
Oh, and with the money they saved, my mate went on an open university course and has managed to get himself a job in the factory's offices as an accountant now, and for the first time in his life is on a salaried wage, finally earning better money.
They are proof to me that even if you earn a pittance of a wage, you can live well enough if you're willing to make trade offs, and I'm really happy for them both considering how much effort they've expended to get where they are.
At the risk of almost being certainly being flamed here, I'd suggest those who say "my life's tough on £30k" (and this is more directed at those without children) - need to re-examine their priorities, particularly where they live, the size of their property, and the car etc.
I love my scoob, but if money was tight, or I needed the money quick, I wouldn't hesitate in selling it for a cheaper runaround, or even chopping it in completely and getting a scooter (public transport is more expensive where I live - go figure!).
Too many, especially youngesters nowadays, seem to think they have a god given right to have Sky TV, a car, the latest mobile, etc given to them on a plate. I don't often meet younger people who consider saving their money to be a sensible thing to do, although this was something drilled into me by my parents from an early age (i.e. spend only what you need to, save the rest).
I think perhaps one good thing that might come out of the current economic slump, is that peoples' attitude to money might change, and they may appreciate what they already have a bit more.
We've had it so easy for the last 10 years that perhaps we all need to come back down to earth with a bit of a bang.
Perhaps people might finally sit down, and work out where their money's going and then try and budget a little and start saving again - god knows a lot of us need to.
So many of my friends in the private sector don't even have pensions and I have no idea where they think their magic money's going to come from when they eventually retire - the government? Don't make me laugh!
It's all too easy to blame the bankers, the government etc, but many people have themselves to blame - those who irresponsibily borrowed way beyond their means for no other reason than because they were being greedy and wanted a bigger or better house, car or other material items before they were capable of properly affording them.
I cannot imagine how horrible it must be for some people to have to try and sell their houses in the current market, probably in negative equity, when they borrowed more than they could afford and now potentially stand to lose over £20-40k they couldn't afford to lose in the first place.
Oh, and as for the benefit scroungers (as opposed to the genuine people who cannot work) - don't get me started!
Last edited by MrNoisy; 03 December 2011 at 07:09 AM.
03 December 2011, 07:07 AM
#124
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People who blame the politicians for their own financial mis-management need their head knocking together. 
Man up for FFS!
Man up for FFS!
03 December 2011, 07:10 AM
#125
Those who say they shouldn't be charged overdraft fees when they go overdrawn - WHY NOT - it's not your money!?
Just a shame more British people don't seem to see it this way - it's always easier to point the finger in today's society than to actually take responsibility for our own actions it would seem
Last edited by MrNoisy; 03 December 2011 at 07:15 AM.
03 December 2011, 08:17 AM
#126
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The same goes for people who blame the banks.
Those who say they shouldn't be charged overdraft fees when they go overdrawn - WHY NOT - it's not your money!?
Just a shame more British people don't seem to see it this way - it's always easier to point the finger in today's society than to actually take responsibility for our own actions it would seem
Those who say they shouldn't be charged overdraft fees when they go overdrawn - WHY NOT - it's not your money!?
Just a shame more British people don't seem to see it this way - it's always easier to point the finger in today's society than to actually take responsibility for our own actions it would seem
03 December 2011, 08:39 AM
#127
You can charge the banks for your time if they have made a genuine error that costs you money..
I would suggest that people do not fly so close to the wind that an overfraft is needed..
Sticky micky..
Again...I agree that your rented accomodation will be worth more than would could be bought for similar money.. But your not owning the house for your £7200 a year,just making the landlord richer..Although where you live is worth more in the property market,its not worth £1 more to you because it isnt yours..
Would you apply the same logic to buying a car ??
I would suggest that people do not fly so close to the wind that an overfraft is needed..
Sticky micky..
Again...I agree that your rented accomodation will be worth more than would could be bought for similar money.. But your not owning the house for your £7200 a year,just making the landlord richer..Although where you live is worth more in the property market,its not worth £1 more to you because it isnt yours..
Would you apply the same logic to buying a car ??
Last edited by fatscoobfella1; 03 December 2011 at 08:41 AM.
03 December 2011, 09:07 AM
#131
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Just a quick look at a fairly typical month:
Only leaves 2k a month for everything else. Can soon add child care to that too.
800 Mortgage
200 Council Tax
140 Gas and Electricity
120 Water, TV, home insurance, BT
200 - 250 Petrol
400 - 500 Food
200 loan Car
Only leaves 2k a month for everything else. Can soon add child care to that too.
800 Mortgage
200 Council Tax
140 Gas and Electricity
120 Water, TV, home insurance, BT
200 - 250 Petrol
400 - 500 Food
200 loan Car
03 December 2011, 09:08 AM
#132
Please explain..
Only good for business owners or the self employed??
How could leasing a car work for the "common" employee ??
Only good for business owners or the self employed??
How could leasing a car work for the "common" employee ??
Last edited by fatscoobfella1; 03 December 2011 at 09:17 AM.
03 December 2011, 09:16 AM
#133
In the same perspective...Our situation is..
£0 Mortgage
£130 council tax
£80 gas and electricity
£95 Water rates,sky,TV licence,broadband,telephone.
£200 petrol for 2 cars
£300 for food
£0 loans
£60ish a month car insurance for both cars
£35 a month car tax for both cars
£19 a month home insurance
Last edited by fatscoobfella1; 03 December 2011 at 09:24 AM.
03 December 2011, 12:03 PM
#135
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In the current climate, although I've never earned so much as I am now my concern for our family financially is much higher than it has ever been before.
My wifes business has gone very quiet over the last few months to the point where she has had to stop taking an income and we've dropped one of the girls onto only 2 days. We could let her go and the wife start taking an income but at the moment we can cope with only one income. My income pays for the household anyway so we aren't really going without.
We don't earn over 40K and unlikely to for a while - maybe in the future but not now.
My wifes business has gone very quiet over the last few months to the point where she has had to stop taking an income and we've dropped one of the girls onto only 2 days. We could let her go and the wife start taking an income but at the moment we can cope with only one income. My income pays for the household anyway so we aren't really going without.
We don't earn over 40K and unlikely to for a while - maybe in the future but not now.
04 December 2011, 01:59 PM
#136
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Interesting to read some of the varying sentiments on this thread.
Having lived off £10k a year for a year in the past, and then not much more in subsequent years, I don't understand how some people are saying they struggle so much to live off £40k.
I think the overriding problem is that anybody will struggle, whatever they're earning if they're not sensible with their money.
Yes, we all like a beer and a holiday now and then, but the responsible thing to do to get there is to save where we can; in the past 10 years that have flown by, I saw successive politicians telling us to spend spend spend, borrow borrow borrow, and sadly in my eyes it's resulted in a generation who want everything now but many who don't want to have to face up to the responsibility of paying for what they've got later, and then whinge about it when they have to.
I have friends who work in a factory making meals on wheels; they both earned minimum wage, paid hourly, for over 10 years, and did all the overtime they could.
They don't go out much, but save all their money for a nice holiday every year, and they managed to save enough to get on the housing ladder and ended up with quite a nice 3 bed property too.
Oh, and with the money they saved, my mate went on an open university course and has managed to get himself a job in the factory's offices as an accountant now, and for the first time in his life is on a salaried wage, finally earning better money.
They are proof to me that even if you earn a pittance of a wage, you can live well enough if you're willing to make trade offs, and I'm really happy for them both considering how much effort they've expended to get where they are.
At the risk of almost being certainly being flamed here, I'd suggest those who say "my life's tough on £30k" (and this is more directed at those without children) - need to re-examine their priorities, particularly where they live, the size of their property, and the car etc.
I love my scoob, but if money was tight, or I needed the money quick, I wouldn't hesitate in selling it for a cheaper runaround, or even chopping it in completely and getting a scooter (public transport is more expensive where I live - go figure!).
Too many, especially youngesters nowadays, seem to think they have a god given right to have Sky TV, a car, the latest mobile, etc given to them on a plate. I don't often meet younger people who consider saving their money to be a sensible thing to do, although this was something drilled into me by my parents from an early age (i.e. spend only what you need to, save the rest).
I think perhaps one good thing that might come out of the current economic slump, is that peoples' attitude to money might change, and they may appreciate what they already have a bit more.
We've had it so easy for the last 10 years that perhaps we all need to come back down to earth with a bit of a bang.
Perhaps people might finally sit down, and work out where their money's going and then try and budget a little and start saving again - god knows a lot of us need to.
So many of my friends in the private sector don't even have pensions and I have no idea where they think their magic money's going to come from when they eventually retire - the government? Don't make me laugh!
It's all too easy to blame the bankers, the government etc, but many people have themselves to blame - those who irresponsibily borrowed way beyond their means for no other reason than because they were being greedy and wanted a bigger or better house, car or other material items before they were capable of properly affording them.
I cannot imagine how horrible it must be for some people to have to try and sell their houses in the current market, probably in negative equity, when they borrowed more than they could afford and now potentially stand to lose over £20-40k they couldn't afford to lose in the first place.
Oh, and as for the benefit scroungers (as opposed to the genuine people who cannot work) - don't get me started!
Having lived off £10k a year for a year in the past, and then not much more in subsequent years, I don't understand how some people are saying they struggle so much to live off £40k.
I think the overriding problem is that anybody will struggle, whatever they're earning if they're not sensible with their money.
Yes, we all like a beer and a holiday now and then, but the responsible thing to do to get there is to save where we can; in the past 10 years that have flown by, I saw successive politicians telling us to spend spend spend, borrow borrow borrow, and sadly in my eyes it's resulted in a generation who want everything now but many who don't want to have to face up to the responsibility of paying for what they've got later, and then whinge about it when they have to.
I have friends who work in a factory making meals on wheels; they both earned minimum wage, paid hourly, for over 10 years, and did all the overtime they could.
They don't go out much, but save all their money for a nice holiday every year, and they managed to save enough to get on the housing ladder and ended up with quite a nice 3 bed property too.
Oh, and with the money they saved, my mate went on an open university course and has managed to get himself a job in the factory's offices as an accountant now, and for the first time in his life is on a salaried wage, finally earning better money.
They are proof to me that even if you earn a pittance of a wage, you can live well enough if you're willing to make trade offs, and I'm really happy for them both considering how much effort they've expended to get where they are.
At the risk of almost being certainly being flamed here, I'd suggest those who say "my life's tough on £30k" (and this is more directed at those without children) - need to re-examine their priorities, particularly where they live, the size of their property, and the car etc.
I love my scoob, but if money was tight, or I needed the money quick, I wouldn't hesitate in selling it for a cheaper runaround, or even chopping it in completely and getting a scooter (public transport is more expensive where I live - go figure!).
Too many, especially youngesters nowadays, seem to think they have a god given right to have Sky TV, a car, the latest mobile, etc given to them on a plate. I don't often meet younger people who consider saving their money to be a sensible thing to do, although this was something drilled into me by my parents from an early age (i.e. spend only what you need to, save the rest).
I think perhaps one good thing that might come out of the current economic slump, is that peoples' attitude to money might change, and they may appreciate what they already have a bit more.
We've had it so easy for the last 10 years that perhaps we all need to come back down to earth with a bit of a bang.
Perhaps people might finally sit down, and work out where their money's going and then try and budget a little and start saving again - god knows a lot of us need to.
So many of my friends in the private sector don't even have pensions and I have no idea where they think their magic money's going to come from when they eventually retire - the government? Don't make me laugh!
It's all too easy to blame the bankers, the government etc, but many people have themselves to blame - those who irresponsibily borrowed way beyond their means for no other reason than because they were being greedy and wanted a bigger or better house, car or other material items before they were capable of properly affording them.
I cannot imagine how horrible it must be for some people to have to try and sell their houses in the current market, probably in negative equity, when they borrowed more than they could afford and now potentially stand to lose over £20-40k they couldn't afford to lose in the first place.
Oh, and as for the benefit scroungers (as opposed to the genuine people who cannot work) - don't get me started!
Les
04 December 2011, 03:00 PM
#137
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520 Mortgage
145 Council Tax
44 Gas and Electricity
90 Water, TV, home insurance, BT
200 - 300 Petrol
200 - 300 Food
That's pretty much it, When you split that over 2 people its good, We both have no loans, A credit card that we spend on shopping etc and pay in full monthly (keep a good credit rating) We both keep a note of what we spend and try and save a little bit, with a joint income of around 45k its fairly comfortable, Im still able to go and do what we want go out etc, We just carefully
145 Council Tax
44 Gas and Electricity
90 Water, TV, home insurance, BT
200 - 300 Petrol
200 - 300 Food
That's pretty much it, When you split that over 2 people its good, We both have no loans, A credit card that we spend on shopping etc and pay in full monthly (keep a good credit rating) We both keep a note of what we spend and try and save a little bit, with a joint income of around 45k its fairly comfortable, Im still able to go and do what we want go out etc, We just carefully
04 December 2011, 04:47 PM
#139
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Our biggest single expense that has exploded over the past ten years is heating oil - the stately pile consumes a lot of it.
When we moved here it was 14p a litre - it is now between 45 and 60p a litre. During last winters deep cold it went up to over 100p per litre for same month delivery.
When we moved here it was 14p a litre - it is now between 45 and 60p a litre. During last winters deep cold it went up to over 100p per litre for same month delivery.
04 December 2011, 05:03 PM
#140
Scooby Regular
my biggest single expense our my 5 kids
this is just of the top of my head
Kids Riding lessons x 1
Kids Tennis lessons x 2
Kids Swimming lessons x 2
Kids Saxophone and piano lessons x1
Kids Flute lessons x1
Kids Dance Lessons x1
Kids Football Club X 2
Kids phone bill x 2
Part Share – Arsenal Season Tickets x 2
Children’s Education trips (Peru, America, France, Spain)
Sailing Lessons (seasonal x 3)
Skiing Lessons (seasonal x 3)
Family Yacht club membership
Squash Club membership
Pony Club Membership
Skiing (once/twice year)
Summer Holiday
Once every two years – Cornwall/Italy for Xmas
boys windsurf/kitesurf holiday x 1
Children’s Birthdays (presents and parties) x 5
Maintenance on 3 cars, boats, sailing dinghies, outboards, ride on lawn mowers, chainsaws etc
Boy it all adds up
I might get my wife to go on the game!! (work from home too)
this is just of the top of my head
Kids Riding lessons x 1
Kids Tennis lessons x 2
Kids Swimming lessons x 2
Kids Saxophone and piano lessons x1
Kids Flute lessons x1
Kids Dance Lessons x1
Kids Football Club X 2
Kids phone bill x 2
Part Share – Arsenal Season Tickets x 2
Children’s Education trips (Peru, America, France, Spain)
Sailing Lessons (seasonal x 3)
Skiing Lessons (seasonal x 3)
Family Yacht club membership
Squash Club membership
Pony Club Membership
Skiing (once/twice year)
Summer Holiday
Once every two years – Cornwall/Italy for Xmas
boys windsurf/kitesurf holiday x 1
Children’s Birthdays (presents and parties) x 5
Maintenance on 3 cars, boats, sailing dinghies, outboards, ride on lawn mowers, chainsaws etc
Boy it all adds up
I might get my wife to go on the game!! (work from home too)
Last edited by hodgy0_2; 04 December 2011 at 05:07 PM.
04 December 2011, 05:07 PM
#141
Our biggest single expense that has exploded over the past ten years is heating oil - the stately pile consumes a lot of it.
When we moved here it was 14p a litre - it is now between 45 and 60p a litre. During last winters deep cold it went up to over 100p per litre for same month delivery.
When we moved here it was 14p a litre - it is now between 45 and 60p a litre. During last winters deep cold it went up to over 100p per litre for same month delivery.
good job most wages have gone up aswell, except the self employed builders , im working for less now than i was 5 years ago, >>> Im now needing to work more than 6 months a year
awfull
04 December 2011, 05:20 PM
#142
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my biggest single expense our my 5 kids
this is just of the top of my head
Kids Riding lessons x 1
Kids Tennis lessons x 2
Kids Swimming lessons x 2
Kids Saxophone and piano lessons x1
Kids Flute lessons x1
Kids Dance Lessons x1
Kids Football Club X 2
Kids phone bill x 2
Part Share – Arsenal Season Tickets x 2
Children’s Education trips (Peru, America, France, Spain)
Sailing Lessons (seasonal x 3)
Skiing Lessons (seasonal x 3)
Family Yacht club membership
Squash Club membership
Pony Club Membership
Skiing (once/twice year)
Summer Holiday
Once every two years – Cornwall/Italy for Xmas
boys windsurf/kitesurf holiday x 1
Children’s Birthdays (presents and parties) x 5
Maintenance on 3 cars, boats, sailing dinghies, outboards, ride on lawn mowers, chainsaws etc
Boy it all adds up
I might get my wife to go on the game!! (work from home too)
this is just of the top of my head
Kids Riding lessons x 1
Kids Tennis lessons x 2
Kids Swimming lessons x 2
Kids Saxophone and piano lessons x1
Kids Flute lessons x1
Kids Dance Lessons x1
Kids Football Club X 2
Kids phone bill x 2
Part Share – Arsenal Season Tickets x 2
Children’s Education trips (Peru, America, France, Spain)
Sailing Lessons (seasonal x 3)
Skiing Lessons (seasonal x 3)
Family Yacht club membership
Squash Club membership
Pony Club Membership
Skiing (once/twice year)
Summer Holiday
Once every two years – Cornwall/Italy for Xmas
boys windsurf/kitesurf holiday x 1
Children’s Birthdays (presents and parties) x 5
Maintenance on 3 cars, boats, sailing dinghies, outboards, ride on lawn mowers, chainsaws etc
Boy it all adds up
I might get my wife to go on the game!! (work from home too)
There is a chap in Surrey who has seven (yes 7) children all at private school - luckily it is close by so they are only day pupils - still £20k a year...
...each - plus all the extras you name above!!!
04 December 2011, 05:29 PM
#143
Scooby Regular
He's been a busy boy. Can't have much time between working to bring a high income like that, sh@gging, and bringing up kids.
04 December 2011, 05:39 PM
#144
Scooby Regular
my biggest single expense our my 5 kids
this is just of the top of my head
Kids Riding lessons x 1
Kids Tennis lessons x 2
Kids Swimming lessons x 2
Kids Saxophone and piano lessons x1
Kids Flute lessons x1
Kids Dance Lessons x1
Kids Football Club X 2
Kids phone bill x 2
Part Share – Arsenal Season Tickets x 2
Children’s Education trips (Peru, America, France, Spain)
Sailing Lessons (seasonal x 3)
Skiing Lessons (seasonal x 3)
Family Yacht club membership
Squash Club membership
Pony Club Membership
Skiing (once/twice year)
Summer Holiday
Once every two years – Cornwall/Italy for Xmas
boys windsurf/kitesurf holiday x 1
Children’s Birthdays (presents and parties) x 5
Maintenance on 3 cars, boats, sailing dinghies, outboards, ride on lawn mowers, chainsaws etc
Boy it all adds up
I might get my wife to go on the game!! (work from home too)
this is just of the top of my head
Kids Riding lessons x 1
Kids Tennis lessons x 2
Kids Swimming lessons x 2
Kids Saxophone and piano lessons x1
Kids Flute lessons x1
Kids Dance Lessons x1
Kids Football Club X 2
Kids phone bill x 2
Part Share – Arsenal Season Tickets x 2
Children’s Education trips (Peru, America, France, Spain)
Sailing Lessons (seasonal x 3)
Skiing Lessons (seasonal x 3)
Family Yacht club membership
Squash Club membership
Pony Club Membership
Skiing (once/twice year)
Summer Holiday
Once every two years – Cornwall/Italy for Xmas
boys windsurf/kitesurf holiday x 1
Children’s Birthdays (presents and parties) x 5
Maintenance on 3 cars, boats, sailing dinghies, outboards, ride on lawn mowers, chainsaws etc
Boy it all adds up
I might get my wife to go on the game!! (work from home too)
Having seen pics of your gorgeous wife I am happy to get my wallet out for this cause!
My biggest expense is the private school fees. I have two boys and together they cost me about £30k a year. This is of course taxed income, so I need to earn about £60k a year to net that.
I don't begrudge it though.....well not much anyway
04 December 2011, 05:56 PM
#145
Scooby Regular
and they all board at bedales (and he only lives in Petersfield)
he privately educated all six of his children!!!!!!
frightening really
Last edited by hodgy0_2; 04 December 2011 at 05:58 PM.
04 December 2011, 06:01 PM
#147
Scooby Regular
Having seen pics of your gorgeous wife I am happy to get my wallet out for this cause!
My biggest expense is the private school fees. I have two boys and together they cost me about £30k a year. This is of course taxed income, so I need to earn about £60k a year to net that.
I don't begrudge it though.....well not much anyway
My biggest expense is the private school fees. I have two boys and together they cost me about £30k a year. This is of course taxed income, so I need to earn about £60k a year to net that.
I don't begrudge it though.....well not much anyway
I could not afford 5 lots of school fees and keep my wife in the finest Primark clothing, something had to give
04 December 2011, 07:36 PM
#148
My three go and its 30 for the three including bus fares, lunches and trips. Luckily it was the in laws idea and money that send them, funny having your kids get dropped off in Bentley's, Porsche's, Lambo's and Ferraris when you have an eight year old Saab
As for the MX5, went in a supercharged one today, very impressed, as fast I will ever need to go and the handling seemed very precise and sure footed, will raise the budget a bit I think, just need this stock market rally to carry on into the new year. Could buy anything if we went into debt but not owning anyone, anything is a good feeling, we are very lucky to be in that position, we see people with much more materially than us but some do seem to run the gauntlet, one is down for a little holiday due to his business practices, he finds out how long in a few days, suffice to say he wont be enjoying a family Christmas meal.
04 December 2011, 09:22 PM
#149
All this talk of private school,riding lessons,sailing lessons,flute lessons(ha ha ha),membership,Pony club membership(sic),school trips etc etc etc is making me sick..
These are not bills for living,they are luxuries...
Fair enough if you can afford it,but dont put it down as a lifes neccessaties...
These are not bills for living,they are luxuries...
Fair enough if you can afford it,but dont put it down as a lifes neccessaties...
04 December 2011, 09:28 PM
#150
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It is £20k each (and this was around eight years ago) - so £140k net before anything else!
BTW - at the school gates you need to get an old Subaru Legacy - the truly wealthy old money all drive these, at least ten years old.
Since when is this thread about life's necessities? It is about the cost of living and most importantly context.
BTW - at the school gates you need to get an old Subaru Legacy - the truly wealthy old money all drive these, at least ten years old.
All this talk of private school,riding lessons,sailing lessons,flute lessons(ha ha ha),membership,Pony club membership(sic),school trips etc etc etc is making me sick..
These are not bills for living,they are luxuries...
Fair enough if you can afford it,but dont put it down as a lifes neccessaties...
These are not bills for living,they are luxuries...
Fair enough if you can afford it,but dont put it down as a lifes neccessaties...