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What is considered a good wage at what age?

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Comments

  • Registered Users, Registered Users 2 Posts: 9,172 ✭✭✭Ray Palmer


    Yes he could do this but if he hasn't yet then that is why they can't buy a house. The fact they have been outbid suggests a healthy deposit. Like most people they probably want more than they can afford and needs to adjust expectations. I came back to ireland with a chunk of change thinking I could buy a nice house in a nice area. Ended up with an ex corpo house in an OK area at first. Friends bought further out much bigger houses but commutes were 2hours each way. Salary rose and was able to move up. House price increases meant my property was worth more than my friends and I was able to go up the ladder in Dublin as my wages rose. Friends moved closer to Dublin and downsized due to prices.

    The thing about moving out of Dublin you do it once and probably can't get back afterwards without a lot more money.



  • Registered Users, Registered Users 2 Posts: 6,263 ✭✭✭Mister Vain


    You could be driving a Merc on that salary. 😊 To me it is a good salary but then I'm on the same income as your friend. Actually slightly less.



  • Registered Users, Registered Users 2 Posts: 6,994 ✭✭✭Badly Drunk Boy




  • Registered Users, Registered Users 2 Posts: 9,172 ✭✭✭Ray Palmer


    Sorry to sounds so ignorant but how do you live on that? Do you live with parents are you young?



  • Registered Users, Registered Users 2 Posts: 6,263 ✭✭✭Mister Vain


    I built a log cabin in the parents back garden. I know plenty of people on even less than that. I was on minimum wage myself for most of my 20's.



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  • Registered Users, Registered Users 2 Posts: 9,172 ✭✭✭Ray Palmer


    It really is a foreign concept to me. I dropped out of college but even when in college I got higher than minimum wage as I got made a supervisor/team lead ever minimum wage job I took. Kind of just landed in IT because the delays in stuff we needed from the IT guys was so slow so I just leant how to do what they were doing for us. That just lead to me being hired by a rival and doing a lot of their IT work. No qualifications in IT but doing it over 20 years. Pretty much all my good friends from school have done well.

    Minimum wage was never considered a salary to live on when and where I grew up. Always an auxiliary salary for either a house wife or students. The expectation to live on it seems to have only come about in the last 10 years. Maybe things were different outside of Dublin.

    I do count myself lucky and recently tried to help an old neighbour's son out. He does have ADHD so I wasn't prepared for his lack of motivation. It seems like him and his friends do nothing with the exception of one or two with jobs. These workers currently seem to buy stuff for the group. It made me remember my own past and the start of distancing from certain school friends. You just end up leaving them behind as your lifestyle improves. I still see one guy with his bag of cans going to the park. Smart guy back in the day but just never started an adult life. It is also weird to bump into an old boss and see them still working in the same type of job. One old boss I bumped into was on my street. His in-laws live here he was obviously shocked when he heard we bought here. Loads of questions on what I was doing. Life isn't a sprint it is a marathon. I just can't stay still and not learn something new or get bored.



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