Why are some people so against others doing well

[D.P.]

depends on what you mean by impressive.

I would wager the average person of average intellect could command that in London if they followed very specific career paths, education and life choices. No old boys clubs, no backhanders to dads friends, honest to god hard work and determination in the right areas.

Approach 6 figures is probably much easier.
A quick check of senior software salary in london gives 70K

 

[Housey]

The sad thing is that's true. 3 x £130,000 (i.e. a mortgage at a sensible multiplier) would barely buy you a 2-bedroom flat in most parts of London.

Work in the city, live 150 miles north is my solution, though frankly if I moved to London in my early 20's I would be much better off as I'd have made eleventy trillion billion on the house move from That London to not London. Such is life

 

[Xordium]

well yes, but the fact remains that being in that "limited income" limits options in terms of education. I cant pay to move to another city without wasting YEARS saving up which is a neccessary step but annoying.

Have you not considered the Open University they even set up loans for you too.

Its difficult to eat healthily because I have to always eat what's cheap.

You are young so you can eat healthily and cheap. You may chose to not take that option to gain the variety that would be needed for a younger person but that is a choice.

but theres also other factors that annoy me about my pay. I should be earning around 12k in my current role (i know i have said this before lol) but I am not getting my grade... yet ( after 7 months they are getting me annoyed) then theres the fact that you look in any other place and the exact same role is around 20k.

Why are you not being paid minimum wage?

but since thgeres no oppurtunities atm for it support in my area I have to stick it out and wait. despite all this my workmates are great and I am learning a few things, but even 15k would be good, I would have some financial security, I wouldn't have to check the bank daily to see if I can afford the next weekly shop or end up having a rice and frozen veg week.

right now as it stands 850 per month is a silly amount of pay after bills I have like 40 pounds a week for food ( and thats if i am lucky lol)

anyway enough repeated ranting.

I fully understand where you are coming from but can't you get a bar job for extra money. Surely there must be other work you can do. Sometimes you have to do what you need to not what you want to.

 

[porushinobu]

Have you not considered the Open University they even set up loans for you too.



You are young so you can eat healthily and cheap. You may chose to not take that option to gain the variety that would be needed for a younger person but that is a choice.



Why are you not being paid minimum wage?



I fully understand where you are coming from but can't you get a bar job for extra money. Surely there must be other work you can do. Sometimes you have to do what you need to not what you want to.

I am being paid a few pennies above min wage but I should be getting 100 - 150 a month more as part of my new job.

I am already in an online course though so I am not just moaning an d doing nothing just that this pay is terrible and slow to get increased after moving roles (7 months and counting).

 

[Meridian]

My family was well off where we came from but was certainly not when we came to this country. I got where I did by hard graft, going without and knowing what I needed to do and then ticking off every box that would be required. The presumption that you have done well purely because you came from money or an educated or well placed family I believe is false attributed purely down to the families wealth when it could quite easily be down to a learned process of how to succeed in whatever you wish to do. I would say I am well off I guess compared to most and all of my kids have succeeded well for their ages (across a variety of areas) purely because I have ensured they have the opportunity to succeed and encourage them to do what they wish but to become the best at it the could possibly be.

You need a lot more than one anecdote to make it data. No-one doubts stories like yours exist. But it hardly undermines the basic principles that money gets you money, and the best way to become wealthy is to be born into it.

 

[Xordium]

You need a lot more than one anecdote to make it data. No-one doubts stories like yours exist. But it hardly undermines the basic principles that money gets you money, and the best way to become wealthy is to be born into it.

Yes you do need more than one anecdote but a quick look at the med students I used to teach indicated to me a strong bias towards certain ethnic groups. Ethnic groups that I would wager weren't actually that flush with cash but very flush with parental motivation and interest in their child's welfare. I am suggesting that the answer is maybe not to do with the wealth but the characteristics and drive of those who have it and likewise people who have those characteristics without the affluence will achieve the same or comparable results.

All the data I have ever seen indicates that the key determinants in a child's education are the parents involvement and the quality of the school. The level of performance at school and then university will then determine success in life in an awful lot of cases. I've met and got to know stupidly rich people throughout my life and they all pass on that ambition and drive to their children.

If your parents didn't install that in you as a child then you can do it yourself. Plenty succeed later in life because they actually give it a go and try rather than always think of excuses. It is so lazy to just attribute it down to money when the biggest asset we all have is ourselves and the only person who will use that asset to its fullest is us. If you just make excuses and don't give it a shot then you have no-one to blame but yourself. A lot of it is just down to taking responsibility for your own destiny whatever you chose that to be: money, discovery, family, contentment, etc.

 

[Haggisman]

If you just make excuses and don't give it a shot then you have no-one to blame but yourself. A lot of it is just down to taking responsibility for your own destiny whatever you chose that to be: money, discovery, family, contentment, etc.

Well said

well yes, but the fact remains that being in that "limited income" limits options in terms of education. I cant pay to move to another city without wasting YEARS saving up which is a neccessary step but annoying. Its difficult to eat healthily because I have to always eat what's cheap.

Get a second job in a bar/takeaway/restaurant etc., save up a few £100, then find a better job in another city, put all your stuff in storage and move to a room in a shared house for 6 months?

It sounds like your current employer is taking the ****, and unfortunately, that kind of thing doesn't usually change

Edit: assuming you're young/single?

 

[porushinobu]

Get a second job in a bar/takeaway/restaurant etc., save up a few £100, then find a better job in another city, put all your stuff in storage and move to a room in a shared house for 6 months?

It sounds like your current employer is taking the ****, and unfortunately, that kind of thing doesn't usually change

Edit: assuming you're young/single?

Well I am currently studying with some financial assistance from my rather generous father. Which I am very greatful for. So once this course is done I will move regardless of money situation (once I get a job ofc) However I will need to stay in my current housing so I can guarantee that I can stay on the interwebs and keep up as I do not want to fall behind. So to that end I am job hunting here, its annoyingly slow, I would even take a job as a bin man (significant pay rise ) but all thats going here is 1 extreme or the other.
(cleaner or medical director) 1 of which is about as much pay as I have here and is part time within the hours I already work and the other I am vastly underqualified for.

I am considering applying for an apprenticeship, all be it a little late. but that is only if I am still stuck in this job next year.

and yes they are taking the **** my TL has said as much as hes just ****** off at getting me 6 months ago and I am already looking to leave because of this, normally losing one guy isnt so bad as he can just hire internally but 2 or even 3 within weeks of each other ... no lol.

 

[gothic_hobbit]

It works both ways, those who have made a good life for themselves either through hard work, luck or birthright just as much hate to see people on benefits (no matter how small) living anything other than an utterly miserable and deprived existance.

Those people help to keep filth like the Daily Mail in print.

 

[blitzwing85]

Its difficult to eat healthily because I have to always eat what's cheap.

Well, for this I can only recommend some research on cheap, healthy recipes.
I know a lot of people who don't earn much, and eat crap food because it's 'cheaper'.

With a bit of creativity you can knock together some amazing restaurant quality meals for £1.50-£2 a pop.

I was a terrible cook and didn't have a clue about food but just spend a bit of time online and it's made things so much better. I didn't do it out of financial necessity, I did it to get healthier, and fitter but it works the same.


First step - find meals with onion, garlic, dried herbs, tomatoes and rice - all really cheap but if done right, taste divine.
I do a lovely Pasta/Turkey dish with Spinach and Tomatoes, or a Mexican Chicken Stew with onions, rice, chipotle etc.
Serving cost is tiny, yet the taste is better than many 5* restaurants I've been to.



Anyway - ranting on here when this would be better in the cooking thread!!! But just wanted to point it out as eating healthy can really improve your life so much and can help give you the mental sharpness to make a positive change in your life.

I felt in a rut earlier this year but since getting into cooking nice, fresh, healthy meals I now feel sharper and more motivated to make some changes!! And the only real cost was a bit of time and effort at the start, and creativity to change recipes to match my tastes

 

[CREATIVE!11]

eating healthy can really improve your life so much and can help give you the mental sharpness to make a positive change in your life.

Take notes people.

Sleep is first for me, diet is next then exercise.

But changing my diet around massively improved my focus / mental clarity.

How is anyone going to change their situation when their brain doesn't work properly because it's fried from all the processed crapp they eat and sugar?

 

[blitzwing85]

Very true - I think there is a common misconception that unhealthy food tastes better, and is cheaper.

Price is debatable but I don't find healthy food to cost more.
Taste wise, it's 10x nicer than unhealthy food. It just takes more effort and cooking knowledge to make it work.

But once you get it right, you really notice a change in your mental awareness, cognitive thinking and you just feel better all round.

Can't believe it took me until my late 20s to do this. I feel I could have achieved more already if I'd always ate like this!!

 

[Judgeneo]

Well, for this I can only recommend some research on cheap, healthy recipes.
I know a lot of people who don't earn much, and eat crap food because it's 'cheaper'.

With a bit of creativity you can knock together some amazing restaurant quality meals for £1.50-£2 a pop.

I was a terrible cook and didn't have a clue about food but just spend a bit of time online and it's made things so much better. I didn't do it out of financial necessity, I did it to get healthier, and fitter but it works the same.


First step - find meals with onion, garlic, dried herbs, tomatoes and rice - all really cheap but if done right, taste divine.
I do a lovely Pasta/Turkey dish with Spinach and Tomatoes, or a Mexican Chicken Stew with onions, rice, chipotle etc.
Serving cost is tiny, yet the taste is better than many 5* restaurants I've been to.



Anyway - ranting on here when this would be better in the cooking thread!!! But just wanted to point it out as eating healthy can really improve your life so much and can help give you the mental sharpness to make a positive change in your life.

I felt in a rut earlier this year but since getting into cooking nice, fresh, healthy meals I now feel sharper and more motivated to make some changes!! And the only real cost was a bit of time and effort at the start, and creativity to change recipes to match my tastes

Indeed, theres only a few meals I spend more than £5 cooking to feed my and the GF.

The Chicken, broccoli, potato stir fry we do is a doddle and works out about £1.50 each, and is restaurant quality
My Chilli is also divine, and cheap, and now I've found good quality (cheaper than supermarket) low-fat meat online, its healthy too.

 

[toshj]

To be fair 130k is a good wage at any age, but in banking it really isn't that special if you're trading, even at 28.

It depends on the break down of the £130,000 (bonus/salary/benefits), the product he's trading and the bank he's working at.

If he'd done a 2-3 grad rotation programme and was trading FX spot at a rubbish bank, then it's a very healthy amount. If he went straight on to an equity exotics trading desk when joining as a grad at a tier one bank, then it's probably not too much.

 

[£15]

...and now I've found good quality (cheaper than supermarket) low-fat meat online, its healthy too.

Ooh, do share!

 

[Tefal]

It's a film.

Benefits street (For example) is factual (To an extent).

So are the numerous biographical films about bankers and stock brokers and their lives and crimes.


benefits street is about as factual as big brother.

 

[zegna]

depends on what you mean by impressive.

I would wager the average person of average intellect could command that in London if they followed very specific career paths, education and life choices. No old boys clubs, no backhanders to dads friends, honest to god hard work and determination in the right areas.

Approach 6 figures is probably much easier.
A quick check of senior software salary in london gives 70K

It's very doable - but the problem in London is property prices. Even with a 100k-150k income, you still won't be able to buy a house in an area vaguely decent.. and with that comes the increased competition in the work place.. It's not all rosey.

Most people just aren't cut out for it..