How much money do you have left over at bills are paid

Wanderer78

Wanderer78 wrote: »

you may have the right type of mind for the environment, you probably have a good level of education, spare a thought for those that dont

In the places I've worked those without a good level of education work mainly in production roles and are happy out following their procedures and getting paid handsomely well for it.

Folk working in QA, engineering, finance, logistics, planning etc are often well educated but not paid much more then production folk

What type of mind are you suggesting I have?

elefant

OMM 0000 wrote: »

Let me guess, you're a salt of the earth type and you think the middle class and up are the biggest scumbags in Ireland?

Not at all. I would never reduce someone's value to their 'class' or job status.

I live on dust and hope, and I save eleventy billion a year from what I save in re-using teabags and loo roll.

gibgodsman

23,500 a year salary
650 rent
150 electric
90 Sky
60 Internet
320-380 Food a month depending on 4-5 week months
10 Phone
12 Spotify

No car, I bike to work
And I live with my missus who is on about 21,500 whom I split the bills with 60/40

I have a net pay of about 1,713 a month and have the guts of 1,000 to put to savings each month after all spending, and I don't not spend on things I want either

I think I am living successfully within my means, but hopefully my salary will get a substantial increase towards the end of the year with the new position I found myself in within my job. Not even 2 years in and I am now in charge of creating new positions in the company and hiring for them, 5 interviews set up for next week, seriously underpaid for what I do but with this I think I have good ground to ask for a substantial increase

Wanderer78

Augeo wrote: »

In the places I've worked those without a good level of education work mainly in production roles and are happy out following their procedures and getting paid handsomely well for it.

Folk working in QA, engineering, finance, logistics, planning etc are often well educated but not paid much more then production folk

What type of mind are you suggesting I have?

we clearly move in very different circles, many folk id know working at the lower levels show signs of psychological stress, this commonly manifests itself in addiction issues

a mind in which responds positively to the rote learning system, maybe you have a good memory?

OMM 0000

elefant wrote: »

Not at all. I would never reduce someone's value to their 'class' or job status.

Are you trying to pretend I was reducing his value to his class or job status?

That's a bit dishonest of you, isn't it?

Why would you make that up?

kenmm

ELM327 wrote: »

Contracting is not a valid way of employment for most people. Families etc.
If you are contracting you're self employed and have no safety net. No sick pay, no JSB/A entitlement etc.

yeah ok..

elefant

OMM 0000 wrote: »

Are you trying to pretend I was reducing his value to his class or job status?

That's a bit dishonest of you, isn't it?

Why would you make that up?

you should have something to brag about rather than being lower middle class.

TheMilkyPirate

OMM 0000 wrote: »

Are you trying to pretend I was reducing his value to his class or job status?

That's a bit dishonest of you, isn't it?

Why would you make that up?

Lol. That's exactly what you done. Look at your first post in this thread what would make you come into a thread and speak to someone like that?

Money can't buy class that's for sure.

OMM 0000

elefant wrote: »

you should have something to brag about rather than being lower middle class.

This is a thread about your financial status.

Why are you pretending it's about our value as human beings?

Do you understand what context it?

OMM 0000

TheMilkyPirate wrote: »

Lol. That's exactly what you done. Look at your first post in this thread what would make you come into a thread and speak to someone like that?

Money can't buy class that's for sure.

His brag is about his financial status, and because I understand the concept of context my response is directly related to his financial status.

If you think I was trying to say his entire value as a human is his class, that's on you. Perhaps take the chip off your shoulder, I don't care what class you are.

pgj2015

ELM327 wrote: »

Contracting is not a valid way of employment for most people. Families etc.
If you are contracting you're self employed and have no safety net. No sick pay, no JSB/A entitlement etc.


I know of single folks that do this, as well as semi retired like architects, engineers and so on.

Yes it is. if you want to make real money self employed is often the way to go. most employers only pay you the minimum they can. if you are self employed there is no limit to what you can earn. you may start off with 1 business and have 10 a few years down the line.

having a family shouldn't put you off becoming self employed, it can actually push people to work harder and earn more as a self employed person.

KaneToad

OMM 0000 wrote: »

Loads of jobs are well paid. How else do you think all these people in their late 20s/early 30s are able to buy houses costing 600k+?

Assistance from family.

https://www.independent.ie/business/personal-finance/property-mortgages/bank-of-mum-and-dad-still-key-for-buyers-39285481.html

OMM 0000

pgj2015 wrote: »

Yes it is. if you want to make real money self employed is often the way to go. most employers only pay you the minimum they can. if you are self employed there is no limit to what you can earn. you may start off with 1 business and have 10 a few years down the line.

having a family shouldn't put you off becoming self employed, it can actually push people to work harder and earn more as a self employed person.

For some reason in this thread the only valid way to make money is by working for someone else and trying to get a raise. No wonder they can't imagine the concept of how many people make good money.

ELM327

ELM327 wrote: »

Contracting is not a valid way of employment for most people. Families etc.
If you are contracting you're self employed and have no safety net. No sick pay, no JSB/A entitlement etc.


I know of single folks that do this, as well as semi retired like architects, engineers and so on.

I know plenty folk contracting that are married to other contractors, they are as you say self employed. It's a perfectly valid form of employment........ folk work like that for huge segments of their careers.

Wanderer78 wrote: »

we clearly move in very different circles, many folk id know working at the lower levels show signs of psychological stress, this commonly manifests itself in addiction issues

a mind in which responds positively to the rote learning system, maybe you have a good memory?

My mind never responded well to the rote learning system, so you are 100% incorrect
I'd be more of a figurer out than a learn things off person.

In the American multinationals I've worked in (done work in) there aren't lower levels as such, well folk don't view other folk like that. The circles you move in sound like desperate sh1tholes
Or the people you know are fond of a drink or a line anyway and blame work when it gets out of hand perhaps.

OMM 0000

KaneToad wrote: »

Assistance from family.

Some, for sure...

Wanderer78

Augeo wrote: »

My mind never responded well to the rote learning system, so you are 100% incorrect
I'd be more of a figurer out than a learn things off person.

In the American multinationals I've worked in (done work in) there aren't lower levels as such, well folk don't view other folk like that. The circles you move in sound like desperate sh1tholes

excellent stuff, how was school in general, do you have higher level education?

largely american corporations, they treat people like sh!t, many would be on relatively good wages though, but many addicts etc

KaneToad

OMM 0000 wrote: »

Some, for sure...

Edited to add link...


https://www.independent.ie/business/personal-finance/property-mortgages/bank-of-mum-and-dad-still-key-for-buyers-39285481.html

Ush1

ELM327 wrote: »

Contracting is not a valid way of employment for most people. Families etc.
If you are contracting you're self employed and have no safety net. No sick pay, no JSB/A entitlement etc.


I know of single folks that do this, as well as semi retired like architects, engineers and so on.

I'm married with two young kids, sole earner and an IT contractor.

The glass celing you mentioned is quickly shattered and more than covers sick pay etc... if you budget right.

OMM 0000

KaneToad wrote: »

Edited to add link...

[URL]
https://www.independent.ie/business/personal-finance/property-mortgages/bank-of-mum-and-dad-still-key-for-buyers-39285481.html[/URL]

2 out of 5, sounds about right.

KaneToad

OMM 0000 wrote: »

2 out of 5, sounds about right.

Although this source suggests 6 out of 10...

https://www.independent.ie/irish-news/news/300000-among-gifts-handed-out-by-bank-of-mum-and-dad-39321937.html

OMM 0000

KaneToad wrote: »

Although this source suggests 6 out of 10...

https://www.independent.ie/irish-news/news/300000-among-gifts-handed-out-by-bank-of-mum-and-dad-39321937.html

Different situation.

The first article is about first time buyers, this article is about all buyers.

But I agree with your general point, lots of folks getting money from their parents.

Wanderer78

Wanderer78 wrote: »

excellent stuff, how was school in general, do you have higher level education?

..............

I've a level 8 qualification.

School was quite tedious, I'd no interest in learning poems etc and I struggled with languages. Also the likes of geography and history bored the arse off me.

I liked science and maths to an extent, more understanding then learning.

Wanderer78 wrote: »

.......largely american corporations, they treat people like sh!t, many would be on relatively good wages though, but many addicts etc

Sure folk working in hospitality and retail are apparently treated like sh1t also in many peoples view. Most folk I've encountered in american multinationals are treated very well.

You've experience of one of these apparently and your circle of friends consists of folk with addiction and mental health problems........... you have a very narrow view IMO and I say that having lost a best friend to addiction issues, he never came out with the negative woe is me style sh1te you peddle.

Hooked

I've a VERY modest salary, under 40K (but great work/life balance) and my wife is now 2 years in her dream job (working in the same university that she obtained her PhD from) with a small mortgage (560 euro per month) and no kids. Thankfully - she's public sector and on an upward trajectory for the next 10 years salary-wise.

We are putting a serious amount of money away each month. Without even trying. Prob the bones of 3 grand. I drive a 15 year old van. Her car is 2012. I've no real love of labels or expensive tastes. My wife, to be fair, is similar.

It's not so much about what you earn. More - what your outgoings are... how you live. I've mates earning near 200K that are stretched at the end of the month.

It's some relief to be comfortable... one I do not take for granted for a second.

thomasdylan

OMM 0000 wrote: »

Not true at all.

Family member on 120k in his 20s in medicine.

I'd love to know what area he works in. End year surgical Spr doing 90-100 hours a week in neurosurgery or something like that is the only way I can see it happening. I'd say I know a few more doctors than you do and I don't think any of them hit over 100k in their 20s and thats with a heap of overtime.

Salary scales are published. It's impossible to get through a training scheme in Ireland and be a consultant in your 20s. You graduate at 23/24 then intern, basic and specialist training and research and fellowship. Best case scenario is probably consultancy at early 30s. More realistically late 30s.

You can get through GP training in your 20s but won't be on 120k.

Tiger20

ShatterAlan wrote: »

I earn a lot but I'm pretty bad with money.


Have a weakness for wine, women and song.

As George Best said....I spend my money on wine, women and fun.....the rest I just squandered@

Ush1

Ush1 wrote: »

.........
The glass celing you mentioned is quickly shattered and more than covers sick pay etc... if you budget right.

I think the glass ceiling he mentioned was for staff folk where he is working now. I don't think he was suggesting 80k was a ceiling for contractors

kenmm

Ush1 wrote: »

I'm married with two young kids, sole earner and an IT contractor.

The glass celing you mentioned is quickly shattered and more than covers sick pay etc... if you budget right.

Its good that there are people with a warped sense of how things work vs of how things actually work.. leaves more business for those who can..

Augeo

Augeo wrote: »

I've a level 8 qualification............

I forgot, I've done a level 7 since just for fun, nothing to do with my work life.

CBear1993

Contracting - there are QS' who are self employed in construction, and they get hired in and work alongside the full time QS' on salary for the big firms in Dublin. They are making a bomb but the spotlight is on them, more is expected, and you can guarantee they will be the first ones let go if **** hits the fan. Once you have served your purpose you are gone.

True story: A very experienced man in the above in his 50s, won one of the top 3 construction contractors in ireland €160m worth of work just before Covid, 2 substantially large landmark projects in Dublin. He singlehandedly poured his heart and soul into the tender to win it. Once Covid came they kindly showed him the door and now he's sitting back at home doing his own thing again. After 4 years freelancing/hired into them. He's not complaining that much though as he's flat out again, sort of man that will never be out of work.
Is IT like this when you go between contracts? It's different as obviously IT is thriving at the moment, construction is experiencing a periodic dip in some sectors.

Another example - I can sit on my €60K salary here in Dublin. Or I could go to europe - holland/sweden etc to work on a data centre on the technical cost side next week and get paid €130K, just like that. Accomodation paid for, rotational flights, 1st 5 years is 25% tax free in Holland.
But would I be any happier? My family is here, my partner is here (we've no kids and aren't married). Me moving there would probably put our relationship in jeopardy as I'd only be home every 2-3 weeks. We'd get our house we want with my salary on that scale. But I could miserable as f*ck in Holland/Sweden!

Contracting and international roles suits some people - single/don't really bother with their family or have no interests here.

I'm happy at the moment, my friends would laugh at me and jump at the chance to double their salary, but it doesn't guarantee any happiness, in fact there'd be more stress and risk.