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qwerty123

People earning £60k are not rich?

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Posted

Because it clearly isn't?

It's not that it clearly isn't. If this thread has taught us anything it's that 'rich' is a relative term based upon personal circumstances.

Posted

Thats just awful. The tax payers could have at least given you as much free money for sitting around on your arse all day as you got for working full time, the selfish bastards.

 

It's not really free money though. Ken's paid national insurance and taxes for most of his life. National insurance is for things like tiding people over if they ever become unemployed.

 

I can think of a few who do get free money. Those who have been bailed out with billions for failing at what they do for instance. Surely in a real capitalist country those failures would be replaced by businessmen who could work properly.

Posted

It would not be free money. My income would have been made up to  whatever the living income was for somebody in my position set at and which EVERONE below a certain income is entitled to by UK law agreed by Parliment.

I did not claim it because I was unaware of my entitlements whether they were 10p or £10.

Posted

I live in North London and confirm that £60K a year doesnt make you rich.....the really rich down here count their income in the billions

  • 4 weeks later...
Posted

I'm amazed at how little £1m has now become. Most people will earn that over a 20 to 40 year period - i.e. less than a working life. £1m used to sound so much. If I won £1m now it wouldn't even see out MY lifetime.

Posted

I'm amazed at how little £1m has now become. Most people will earn that over a 20 to 40 year period - i.e. less than a working life. £1m used to sound so much. If I won £1m now it wouldn't even see out MY lifetime.

 

That's life nowadays.

 

I've got a friend who is going to be declaring bankrupcy soon and his earnings over the last 5 years aren't far short of half a million.

Posted

Bankruptcy is a swindle

The company I worked for went into bankrupcy twice while I was there. Changed the name of the company and reapplied to Company House for another license. The third time was refused so had to be liquidated. Hell of a job trying to get what I was owed. Never mentioned the company was in trouble. HO was based in nottingham and the only contact I had was with the control room which was another site in Loughborough. They either knew nothing or kept things from the rest.

When our paycheques were late the owner blamed the post office. That did raise suspicions, a few days yes, but a fortnight?

Posted

After tax and NI it's about £800 a week.

 

Unless you've borrowed beyond your means then you should be able to live on this.

 

It becomes difficult when you say get divorced and have to pay the mortgage for your missus and kids and have another rental income to pay for yourself but come on it should still be a manageable wage.

Posted

Surely red is a more important name for the band given their debts?

Well perhaps but I expect he's feeling a little "Blue''. If you ask him if he's alright he just sings this:

http://m.youtube.com/watch?v=HgV1O0X4uXI&desktop_uri=%2Fwatch%3Fv%3DHgV1O0X4uXI

Is this the worst song ever? I've heard people call it a "tune" before. Perhaps it is if you have some irregularity of the mind

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