What is "Rich"

Fulton Crown

Interesting vox pop on Newstalk to-day when a reporter wwas sent into the leafy lanes of South Dublin to ask about of means testing the childrens allowance.

Spoke to mainly females from the SUV driving / sun glasses wearin fraternity..who although they admitted to incomes of greater than 100k..and mortages of > 1 million claimed not to be rich !

Sent their kids to private schools too ..most of em.

Said they "depended" on the Childresns All to pay for the "extras and were very indignant at the thought of the C/A being reduced / means tested.

So what is rich.....private schools....big pads.....SUV'S.

One made the valid point that why should she be villified for spending 5k on private schools over someone who spends a similiar amt on booze an baccy ??

Eh ?

stovelid

Fulton Crown wrote: »

One made the valid point that why should she be villified for spending 5k on private schools over someone who spends a similiar amt on booze an baccy ??

And they don't spend money on cigarettes or alcohol either?

Their lifestyles - including private schools - are their own business, but anybody with a household income over 100k clearly doesn't need 166(?) quid a month from the state to help with children's expenses.

artanevilla

Not having to worry about money.

SoupyNorman

Having carpet in your bathroom.

My name is URL

Give a bum a hundred euro and he's rich

Fulton Crown

stovelid wrote: »

And they don't spend money on cigarettes or alcohol either?

Their lifestyles - including private schools - are their own business, but anybody with a household income over 100k clearly doesn't need 166(?) quid a month from the state to help with children's expenses.

Not what the leafy lane matrons were saying Stovie...most seemed to have 3 sprogs and were getting circa 500 squids a month.

They clearly thought they needed it.......greedy bints or wha ???

stovelid

Fulton Crown wrote: »

Not what the leafy lane matrons were saying Stovie...most seemed to have 3 sprogs and were getting circa 500 squids a month.

They clearly thought they needed it.......greedy bints or wha ???

I often wondered what people like Ali Hewson do. Do you think she actually claims the mickey money? Can you actually ring up and refuse to take it?

Obviously her main household expenses are provided by a dick as well.

Voltex

...its all relative.
Someone with a net worth of €1 million is poor relative to someone worth €1 billion..and i think we have a few of them here in Ireland.

Disposable income after core expenses (mortgage, bills(gas,esb,phone)) would be good way to start....

Kiera

SoupyNorman wrote: »

Having carpet in your bathroom.

Ew no! Thats just minging!

Aidric

My name is URL wrote: »

Give a bum a hundred euro and he's rich

Give him a hot cup and he becomes indignant.

Fulton Crown

stovelid wrote: »

I often wondered what people like Ali Hewson do. Do you think she actually claims the mickey money? Can you actually ring up and refuse to take it?

Obviously her main household expenses are provided by a dick as well.

You don't have to claim it I think...just not claim it.

I suppose my thread title is a little misleading what i really meant to get opinions on is - Ia household with an annual income of circa 100K rich ??

omahaid

Having ironed shirts would be rich for me

SoupyNorman

Kiera wrote: »

Ew no! Thats just minging!

I have worked in house on Ailsebury road, Shewsbury road and many other roads on Monopoly, and most had carpet in the bathroom.

wantolose

i wonder do the tds wives claim the c/a, i bet they do, sure their on all the bisto trains:rolleyes:

Red Hand

SoupyNorman wrote: »

I have worked in house on Ailsebury road, Shewsbury road and many other roads on Monopoly, and most had carpet in the bathroom.

Fairly f*cking disgusting if you ask me. Carpets are sinks for bad smells. Tiles all the way for bathrooms.

Rich...I would consider someone rich if they don't have to worry about money. Like, they are able to take a foreign holiday a year, have a new car, pay for their kids education, and still don't have to worry about money.

Earthhorse

artanevilla wrote: »

Not having to worry about money.

Nope. That's being broke.

carrie4

Fulton Crown wrote: »

You don't have to claim it I think...just not claim it.

I suppose my thread title is a little misleading what i really meant to get opinions on is - Ia household with an annual income of circa 100K rich ??

I would think so.....although you'd probably find that even with €100K some people would manage to live so far beyond their means that they end up living pay-day to pay-day like the rest of us!!:rolleyes:

omahaid

Truth be told, if you can go out for a nice meal and pay using your laser card and never have a moment where you think "****, do i have enough in my account to cover this", then you are rich.

citizen_p

what you described is rich...duhh

Latchy

Not having to worry about money allowing you to focus on more important things like ......making more money .

When you dont have to pay to much attention to the CC bill at the end of the month

Dudess

Sure, rich refers to wealthy, but it's also subjective in other contexts.

Vincent Browne had a discussion the other night about a figure like €100 million in public expenditure being allocated to private schools. Load of sh1te - giving to those who don't need it and taking from those who do.

peasant

Jeremiah 16:1 wrote: »

Rich...I would consider someone rich if they don't have to worry about money. Like, they are able to take a foreign holiday a year, have a new car, pay for their kids education, and still don't have to worry about money.

Money has that rather disgusting property that it makes you worry about it regardless of how much of it you've got.

As for the notion that "rich" should be measured by how much is left after ordinary expenses ...well ...most ordinary expenses can be controlled. You can decide just how expensive a house you buy or car you drive and how many 500 w lamps you need to light up either at night.

If you have an income of over 100,000 and you have nothing left after ordinary expenses ...then you're still rich ...just too stupid to spend it properly.

Hephaestus

For me being rich is a scenario where I could live off the profit alone of a large sum which is stored in an financial institution

irish_bob

Voltex wrote: »

...its all relative.
Someone with a net worth of €1 million is poor relative to someone worth €1 billion..and i think we have a few of them here in Ireland.

Disposable income after core expenses (mortgage, bills(gas,esb,phone)) would be good way to start....

rich is someone who earns 15 k more than me , thats what they used to say anyhow , i say , everything is relative

Piste

I think being rich is having a very large disposable income where you can buy what you want, when you want and not have to worry about whether you can afford it or not.

marbar

omahaid wrote: »

Having ironed shirts would be rich for me

i wonder what it would be like to wear something that has been ironed

Jay P

Living in comfort

4zn76tysfajdxp

Black forest gateau

baalthor

irish_bob wrote: »

rich is someone who earns 15 k more than me , thats what they used to say anyhow , i say , everything is relative

Nicholas Taleb, the author of "The Black Swan" had a good example of this.

A guy from a modest back-ground becomes a financial market trader and is soon making $500,000 a year so he's in the top 1% salary-wise in the US.

He and his wife buy an apartment in the wealthiest part of New York city and send their kids to a top private school.

So are they happy? No, because their neighbours are far wealthier and make this obvious to the newcomers.

For example, when the wife picks the kids up from school she gets blanked by the other mothers.

So according to Taleb, this family is relatively "poor" compared with their peers.

Latchy

I could easly live of the intrest of a very large lotto win ,2 or 3 grand a week .

InkSlinger67

SoupyNorman wrote: »

Having carpet in your bathroom.

Kiera wrote: »

Ew no! Thats just minging!

You don't know what you are missing Kiera! Bathroom Mushrooms FTW!

ShooterSF

First it should be means tested (at least). Can't believe it still isn't.

Fulton Crown wrote: »

Interesting vox pop on Newstalk to-day when a reporter wwas sent into the leafy lanes of South Dublin to ask about of means testing the childrens allowance.

Spoke to mainly females from the SUV driving / sun glasses wearin fraternity..who although they admitted to incomes of greater than 100k..and mortages of > 1 million claimed not to be rich !

Sent their kids to private schools too ..most of em.

Said they "depended" on the Childresns All to pay for the "extras and were very indignant at the thought of the C/A being reduced / means tested.

So what is rich.....private schools....big pads.....SUV'S.

One made the valid point that why should she be villified for spending 5k on private schools over someone who spends a similiar amt on booze an baccy ??

Eh ?

How is that valid?
First off means tests are based on income so if this person is making the same money but spending it on fags on booze they would be subject to the same test.


Here IS a valid question for ya.
John on 20k a year gets no child benefit because he hasn't had any sprogs yet he pays the same tax as everyone else. Mary (earning 20k a year) and Matt (earning 150k a year) married with kids for some reason get extra money a week in benefits from the state as well as tax breaks for being married, part of which John contributes too. Why should John not be pissed off?

TheZohanS

ShooterSF wrote: »

Here IS a valid question for ya.
John on 20k a year gets no child benefit because he hasn't had any sprogs yet he pays the same tax as everyone else. Mary (earning 20k a year) and Matt (earning 150k a year) married with kids for some reason get extra money a week in benefits from the state as well as tax breaks for being married, part of which John contributes too. Why should John not be pissed off?

Because Mary is a cow.

ShooterSF

TheZohan wrote: »

Because Mary is a cow.

And he knows Matt is sleeping with Louise behind her back...:pac:

NewApproach

ShooterSF wrote: »

First it should be means tested (at least). Can't believe it still isn't.



How is that valid?
First off means tests are based on income so if this person is making the same money but spending it on fags on booze they would be subject to the same test.


Here IS a valid question for ya.
John on 20k a year gets no child benefit because he hasn't had any sprogs yet he pays the same tax as everyone else. Mary (earning 20k a year) and Matt (earning 150k a year) married with kids for some reason get extra money a week in benefits from the state as well as tax breaks for being married, part of which John contributes too. Why should John not be pissed off?

John doesn't earn enough to pay IT...

4zn76tysfajdxp

TheZohan wrote: »

Because Mary is a cow.

No, it's because John and Matt are having an affair and John is jealous that Matt goes home to Mary every night.

It's quite sad actually. Poor John.

marbar

100k ayear and i'd gladly wave any child benefits

TheZohanS

Ruth Better Snob wrote: »

No, it's because John and Matt are having an affair and John is jealous that Matt goes home to Mary every night.

It's quite sad actually. Poor John.

That's why Mary is a cow, she won't let him go.


LET HIM GO MARY.....let him go...

Latchy

For gods sake womon will ya let him go .......:mad:

4zn76tysfajdxp

TheZohan wrote: »

That's why Mary is a cow, she won't let him go.


LET HIM GO MARY.....let him go...

Latchy wrote: »

For gods sake womon will ya let him go .......:mad:

She's getting tax breaks from the government too you know. What a cunt. :mad:

ShooterSF

Now I'm not Mary's biggest fan but won't you guys think of the children?!!
(What a 180 turn )

TheZohanS

Ruth Better Snob wrote: »

She's getting tax breaks from the government too you know. What a cunt. :mad:

Would have thought she's being paid enough in that cushy teachers job teaching Roma children.

Latchy

Ruth Better Snob wrote: »

She's getting tax breaks from the government too you know. What a cunt. :mad:

Now why ya have to tell me that ...jeez that'll play on my mind ..big time .:mad:

And that neighbour of mine had better turn down that music down or else ..else ..I arghh... I dunno ...:mad:

4zn76tysfajdxp

TheZohan wrote: »

Would have thought she's being paid enough in that cushy teachers job teaching Roma children.

She shouldn't even have the job. What with her being a nonce and all. I hear her marriage to Matt is just a front.

Wibbs

Rich is when you have no precise idea how much you're actually worth, but you have a very good idea of the size of your tax bill. Rich is when the bank will give you money you and they know you don't need. Rich is when you have a lot of debts. Manageable ones though.

Rich, is when you never need to worry whenever a bill comes in as there is always cash available to pay it off in one go NO credit debt/loan is needed to continue the lifestyle you are accustomed to.

Wibbs

Wibbs wrote: »

Rich is when you have no precise idea how much you're actually worth, but you have a very good idea of the size of your tax bill. Rich is when the bank will give you money you and they know you don't need. Rich is when you have a lot of debts. Manageable ones though.

Rich is when the banks worry about the size of your debt!

Giblet

Me. I am rich.

C'mon ladies...

Jesus Wept

50,000,001

palaver

Being rich is quite relative. There are measures in every country about the poverty margin which, of course, depends on the economic power of the said country.

A friend once sent me an article from some official institution which measured the difference between rich and poor. Sorry no link and no memory which institution and the exact wording.

Basically, in a worldwide sense, being well off means:
to have a safe home - to have enough to eat - to have clean water - to have sufficient clothing -to have sufficient hygiene- to have an education of some sorts -to have a decent healthcare.

Only about 10 % (approximate guess out of memory) of the world population can claim to be well off in this sense.

In a worldwide sense being rich means beyond the above to afford luxuries
like
- electricity, telephone, TV, computer, holidays etc.
About 5 % (again approximate guess) of the world population can afford that.

Everything above that is mega-rich, which amounts to just 1 % or less of the world population.

Looking at the big picture we all in the western world can claim at least to be well off or even rich.

But of course, we in the western world would cry poverty! when we can't afford two foreign holidays anymore. Or, god forbid, loose a bit of money in an investment or wages.

I think sometimes people forget over here ,or in the western world as such, how rich they actually are.

JTER

http://www.globalrichlist.com/

Here is a shocking although probably wildly inaccurate calculator.

Put in 1000euro a year and see!