Making an effort in life, is it really worth it.
10 February 2013, 11:43 AM
#1
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Making an effort in life, is it really worth it.
**DELETED**
Please, not another ignorant, lets bash the Eastern Europeans.
Please, not another ignorant, lets bash the Eastern Europeans.
Last edited by paulr; 10 February 2013 at 11:53 AM.
10 February 2013, 11:56 AM
#3
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Well you said it yourself. If someone's happy with no mortgage, a decent quality of life and no stress, why would they bother getting involved in the rat race? It all depends on their outlook. 'The Career' is overrated in itself. If a person is happy, why bother?
And 40% over £32k is very depressing. £32k isn't what it used to be
And 40% over £32k is very depressing. £32k isn't what it used to be
10 February 2013, 12:10 PM
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10 February 2013, 11:27 PM
#8
I read the post also before you deleted it......
My Mum worked as a dinner lady to make ends meet and when she retired she had to pay for everything as the small pension took her above some limit.....
I work extra but with tax / pension / NI I think I get 360 ish for every £1000 I earn
I don't intend to leave my kids any cash only all my wordly goods....whatever the Government will give them after paying for my retirement home.
Honestly don't see why I bother at times....
Shaun
My Mum worked as a dinner lady to make ends meet and when she retired she had to pay for everything as the small pension took her above some limit.....
I work extra but with tax / pension / NI I think I get 360 ish for every £1000 I earn
I don't intend to leave my kids any cash only all my wordly goods....whatever the Government will give them after paying for my retirement home.
Honestly don't see why I bother at times....
Shaun
11 February 2013, 12:38 AM
#9
I don't see the point either;
Private pensions are useless
Low risk savings barely return 1%
ISAs are a joke
Short of high risk and property there's nothing much else that covers inflation and if you do happen to earn anything to save for the future, its taxed to death anyway.
If I pushed myself harder I could earn more. I've had lectures off mates and family thinking I should be doing something better and more productive. But you know what, I can't be arsed. Maybe I'm lazy? Or maybe I just don't subscribe to working myself to death. If I can afford beer, can put petrol in the car and have some left over for a bit of a laugh, then thats enough for me.
The thought was proven when my uncle died from cancer before Christmas....he was 70 years old and NEVER RETIRED! Still working full time in the family business, sure he built up a nice nest egg by doing that...but for what gain? All it paid for was a posher coffin!
Private pensions are useless
Low risk savings barely return 1%
ISAs are a joke
Short of high risk and property there's nothing much else that covers inflation and if you do happen to earn anything to save for the future, its taxed to death anyway.
If I pushed myself harder I could earn more. I've had lectures off mates and family thinking I should be doing something better and more productive. But you know what, I can't be arsed. Maybe I'm lazy? Or maybe I just don't subscribe to working myself to death. If I can afford beer, can put petrol in the car and have some left over for a bit of a laugh, then thats enough for me.
The thought was proven when my uncle died from cancer before Christmas....he was 70 years old and NEVER RETIRED! Still working full time in the family business, sure he built up a nice nest egg by doing that...but for what gain? All it paid for was a posher coffin!
Last edited by ALi-B; 11 February 2013 at 12:41 AM.
11 February 2013, 08:05 AM
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If you're in the 40% tax bracket, the tax relief on pension contributions means you've almost doubled your money right there. Not 'useless', IMHO.
11 February 2013, 08:28 AM
#11
I'm glad I got out of the rat race when I did before it my health sufffered with stress
Just ticking over now as no morgage just the misses and me
Boy did the right thing moving to Australia as a nurse
What have we left in this country
Less then 3% on our savings worked it out as £43 per week after tax per 100k in the bank
Rising fuel and petrol and food costs Makes it very expensive to live
Climate is getting worse
Pension plan is not what it should of been after paying into it for 30 years
The thought of having to pay for OAP care from my own money yet if you have nothing the govt puts you in the same OAP home that I would have to pay £600 a week for
What annoys me most is the misses friends husband has sat on his fat backside watching tv and smoking for the last 12 years as he has a sore thumb and can't work and gets £250 in benefits and he won't even to a voluntary job as he can't be bothered
I sometimes wonder whether I should just sell up move abroad spend all my savings and come back penniless and let the govt look after me
What a depressing start to a week woth a thread like this
Just ticking over now as no morgage just the misses and me
Boy did the right thing moving to Australia as a nurse
What have we left in this country
Less then 3% on our savings worked it out as £43 per week after tax per 100k in the bank
Rising fuel and petrol and food costs Makes it very expensive to live
Climate is getting worse
Pension plan is not what it should of been after paying into it for 30 years
The thought of having to pay for OAP care from my own money yet if you have nothing the govt puts you in the same OAP home that I would have to pay £600 a week for
What annoys me most is the misses friends husband has sat on his fat backside watching tv and smoking for the last 12 years as he has a sore thumb and can't work and gets £250 in benefits and he won't even to a voluntary job as he can't be bothered
I sometimes wonder whether I should just sell up move abroad spend all my savings and come back penniless and let the govt look after me
What a depressing start to a week woth a thread like this
11 February 2013, 12:53 PM
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11 February 2013, 01:06 PM
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11 February 2013, 01:32 PM
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If you're far enough into it and other commitments mean you can take advantage of the tax relief. Most can't. I'm shelling out over £1.5K on mortgage money each month, so there ain't no pension money.
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