Yes but think of the money him and his mates have just made! Kerching!
2022 mini-budget discussion
- Thread starter Harlequin
- Start date
- Status
realised no ones going to be investing in the UK if they don't know how we are paying the bill for the tax cuts,
if they don't sort out the NIP that's continued instability for trade, for that investment, with both Europe&USA,
if NHS isn't funded adequately, that investment in (ill) UK workers, also questionable
perhaps the tories should consider that the income inequality in the UK per se versus europe does not make a good case for investment for any ethical company (those who voted for brexit gave govt carte blanche to perpetuate the inequality)
Caporegime
- Joined
- 7 Apr 2008
- Posts
- 25,096
- Location
- Lorville - Hurston
No the point was that people can struggle at 100k wages because of various kinds of scenarios.
Go read the last 10 pages to catch up...
Soldato
- Joined
- 14 Nov 2002
- Posts
- 7,710
- Location
- Under the Hill
Where has anyone in this forum claimed to be struggling on £100k?
Correct
no you're right it was 150k and a friend of a poster literally a few posts before.
Soldato
- Joined
- 14 Nov 2002
- Posts
- 7,710
- Location
- Under the Hill
So nobody on this forum earning 100k was saying it was tough, just one gave example of a widow who's husband had no life insurance and 5 children? Got it.
Yeah the widow story isn't typical.
Also. 5 kids, insurance that didnt cover the bills and living to a combined salary going down to less than half/half?
Of course it's going to be tough if you're keeping the house, bills etc
Also. 5 kids, insurance that didnt cover the bills and living to a combined salary going down to less than half/half?
Of course it's going to be tough if you're keeping the house, bills etc
Last edited:
Permabanned
- Joined
- 9 Aug 2008
- Posts
- 35,711
Then it’s time to sell up to move to a smaller place.
Caporegime
- Joined
- 20 Oct 2002
- Posts
- 75,890
- Location
- Wish i was in a Ramen Shop Counter
I would be really uncomfortable taking on a debt that large, even if I could afford the mortgage, personally speaking, on £100k gross. Unless I am earning like £100k net, I would feel i would be constantly underwater with that size of mortgage with roughly £55k after tax.
Last edited:
Soldato
- Joined
- 6 Jan 2013
- Posts
- 22,179
- Location
- Rollergirl
A lot of people have a similar look when they actually do hit the 100k range - that's why they're not as comfortable as they could be.
Ofcourse they can but again you're talking extremes and its a silly comparison and simply not the norm.
Like I said I was reading discussion badly. I apologize for coming across so aggressive.
It's still a weird topic to discuss. Any human could have a hard period. It's just the Difference of a cardboard box or a terrace house as your options
It's still a weird topic to discuss. Any human could have a hard period. It's just the Difference of a cardboard box or a terrace house as your options
I think the issue is the use of the word "Struggle"
I don't think it's the appropriate word for someone who's overspending at that wage and their outgoings are greater than their income. At 100K you can easily make changes to your lifestyle to accommodate your wage and bring spending down. Downsize your 5-bedroom house, buy cheaper food, and get rid of the car. Etc and still will be able to live decent lifestyles that most here would relish and strive for.
Someone on minimum wage most likely can't do any of those things as they're probably living in a tiny flat, have no car, and already using Aldi or foodbanks. There's nowhere else to cut your spending and you have to choose between eating and heating. That's real struggling that someone on 100K will not experience.
Someone who's seriously having issues at 100k are just really bad with money
Last edited:
- Status