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Re: How Rich Are You ?
Originally Posted by JamesM
(Post 11189977)
But back on thread as Oakvillian points out above dependents kill wealth.
</orlyish claptrap mode> |
Re: How Rich Are You ?
Originally Posted by Oakvillian
(Post 11189918)
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.
But as was noted in a thread yonks ago, the production of children does tend incentivise more work and (in theory) asset accumulation! |
Re: How Rich Are You ?
Originally Posted by Shard
(Post 11189990)
But as was noted in a thread yonks ago, the production of children does tend incentivise more work and (in theory) asset accumulation!
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Re: How Rich Are You ?
Originally Posted by dbd33
(Post 11189992)
More work, yes. More income, yes. Asset accumulation, not so much.
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Re: How Rich Are You ?
I find that table a bit bemusing.
We are at the top of that table. Where does all the sodding money go? |
Re: How Rich Are You ?
Originally Posted by dbd33
(Post 11189986)
</orlyish claptrap mode>
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Re: How Rich Are You ?
Originally Posted by Souvy
(Post 11190012)
I find that table a bit bemusing.
We are at the top of that table. Where does all the sodding money go? |
Re: How Rich Are You ?
Originally Posted by Shard
(Post 11190027)
Well a good chunk goes to the government.
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Re: How Rich Are You ?
There is a difference between "rich" and being in the "top (richest) decile"
If my wife and I were earning the equivalent of 88k GBP (guessing that's in the $140k range?) between us we'd likely feel pretty well off. |
Re: How Rich Are You ?
Originally Posted by JamesM
(Post 11190031)
Then there is the bartender......
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Re: How Rich Are You ?
Originally Posted by Shard
(Post 11190003)
Many will seek to maximise their property (whether size or area) for the benefit of the kids. It becomes less a priority for singletons and couple. Of course property is only one type if asset, but for most, it's the main one.
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Re: How Rich Are You ?
Originally Posted by Shard
(Post 11190003)
Many will seek to maximise their property (whether size or area) for the benefit of the kids.
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Re: How Rich Are You ?
Originally Posted by dbd33
(Post 11190072)
That's baffling. If I spend money on having a bigger house surely I'm taking that money away from the care and maintenance of the children. I accept that there's an argument that having a happy parent is good for children but that would hold whether it's a big house or an exotic holiday that makes me happy.
She does take a rather long view on things. I don't look beyond tomorrow. |
Re: How Rich Are You ?
Originally Posted by orly
(Post 11189850)
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 can't think of anyone in my network who don't earn a fair stash, 100 is an average, and some get bonuses of (you don't want to know). If money was everything they'd be happier, and maybe even kinder but I don't think that's the way it works. |
Re: How Rich Are You ?
Where the naff does it all go? :(
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