How Rich Are You ?
Mar 25th 2014, 2:06 am
#18
Born again atheist
Joined: Jul 2005
Location: Europe (to be specified).
Posts: 30,259
Mar 25th 2014, 2:15 am
#20
Born again atheist
Joined: Jul 2005
Location: Europe (to be specified).
Posts: 30,259
Mar 25th 2014, 7:12 am
#21
Yo
Thread Starter
Joined: Nov 2012
Location: UK
Posts: 24,474
Re: How Rich Are You ?
I believe it to be the case that both of my working children are in the top 10%, one in the UK, one in Canada. Are they rich? Give over, even with funding for one degree each, they have each have massive student debt from subsequent qualifications. Maybe most people earning the incomes shown at the top of the scale are rich but it's not because of the income so much as the fact that coming from money makes you more likely to have a high income.
Signed,
A Broke Guy.
Signed,
A Broke Guy.
Mar 25th 2014, 9:37 am
#22
BE user by choice
Joined: Oct 2010
Location: A Briton, married to a Canadian, now in Fredericton.
Posts: 4,854
) and have moved seamlessly to food parcels since.
Mar 25th 2014, 10:08 am
#23
Account Closed
Joined: Sep 2013
Posts: 108
Re: How Rich Are You ?
100K GBP is rich? Never thought so.
Mar 25th 2014, 12:22 pm
#24
Professional Cat herder
Joined: Apr 2007
Location: TORONTO- yay!!!
Posts: 5,707
Mar 25th 2014, 12:23 pm
#25
Every day's a school day
Joined: Jan 2005
Location: Was Calgary back in Edmonton again !!
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Mar 25th 2014, 12:26 pm
#26
Account Closed
Joined: Jan 2006
Posts: 0
Re: How Rich Are You ?
Suppose it depends on each individual, what might be rich to one, could be consider poor to another, I don't think we can really set a minimum on what is rich and what isn't.
To me someone making 100k GBP (184k CAD apparently) is rather rich in my eyes, but to someone else, it might not be.
To me someone making 100k GBP (184k CAD apparently) is rather rich in my eyes, but to someone else, it might not be.
Mar 25th 2014, 12:42 pm
#27
The ride never ends
Joined: Sep 2011
Location: SW Ontario
Posts: 2,481
Re: How Rich Are You ?
I live in one of the nicest countries there is
I'm relatively healthy
I have a good family and job.
I'd say that's richness.
I'm relatively healthy
I have a good family and job.
I'd say that's richness.
Mar 25th 2014, 1:21 pm
#28
Muskoka, Ontario
Joined: Aug 2013
Posts: 3,045
Re: How Rich Are You ?
I agree by the way. My job always was a great leveller, when you diagnose cancer day in and day out, then you appreciate what you have.
Last edited by Tirytory; Mar 25th 2014 at 1:27 pm.
Mar 25th 2014, 1:25 pm
#29
Magnificently Withering
Joined: Jan 2007
Location: Oakville, ON
Posts: 6,891
Re: How Rich Are You ?
Quite the opposite, I think. The more children one has, the more one needs to earn to consider oneself richer than a given percentage of one's peers. A singleton earning 40k would be in the 90th percentile of earnings; a sole-breadwinner for a couple with two children, on the same salary, would be only in about the 45th percentile of earnings for 2-child families.
Mar 25th 2014, 2:14 pm
#30
Dive Bar Drunk
Joined: Nov 2006
Location: Toronto
Posts: 8,649
Re: How Rich Are You ?
Football, Beer or Women. The mind rotates.
But back on thread as Oakvillian points out above dependents kill wealth.
I have an Uncle who as top surgeon should be immensely wealthy but two divorces (both stay at home wives) and three kids well and truly buggered that.
The final factor is simply man's ability to live within his means. I earn twice what I earned 6 years ago but spend twice on my rent and costs so the net gain is eradicated for my own perceived self improvement.
Assets are a measure of wealth. Income is merely a tool to get there if used correctly.
But back on thread as Oakvillian points out above dependents kill wealth.
I have an Uncle who as top surgeon should be immensely wealthy but two divorces (both stay at home wives) and three kids well and truly buggered that.
The final factor is simply man's ability to live within his means. I earn twice what I earned 6 years ago but spend twice on my rent and costs so the net gain is eradicated for my own perceived self improvement.
Assets are a measure of wealth. Income is merely a tool to get there if used correctly.
Last edited by JamesM; Mar 25th 2014 at 2:18 pm.