25 years old , 110 should i stay in Ireland

Jeremyr · 03-02-2015 11:08AM #1

What's happening AH

Long story short i'm 25 years old Male, my father died recently i got left his life savings (he had no property) of 28k and added to my life savings so i now have 110k and i'm getting sick of Ireland.

I only socialize once or twice per week so i'm not after an all out binge for a year, a career is important to me aswell.

I have an " ok " job, on 26-28k, single and no kids

Should i stay or should i go ( In talks with estate agent about buying property but i have itchy feet, very cold and itchy feet )

elefant · 03-02-2015 11:09AM

You saved 82 grand by the age of 25 :eek:

Jeremyr · 03-02-2015 11:09AM

LOL sorry about the title it should read " 25years old, 110k saved should i stay in Ireland "

Stupid phone

Fat Christy · 03-02-2015 11:09AM

How the hell do you have that much money saved at 25? Living at home?

Duff · 03-02-2015 11:10AM

I spent 82k by the age of 25.

Duggy747 · 03-02-2015 11:11AM

You do know you'll have to tell us where the other 82 grand came from now :pac:

Specialun · 03-02-2015 11:11AM

Go find yourself a gold-digger

Champgane...sex and she will spend it for ya..just make sure to get value for it

5starpool · 03-02-2015 11:13AM

On a job less than 30k per year there is no way you would have organically saved 80k. Condolences on your father's death, but if his life savings amounted to 28k with no property, how do you have 3 times that saved by 25?

If you have managed to save that much in a few years why would you want to leave?

eamonnq · 03-02-2015 11:13AM

Go

DoYouEvenLift · 03-02-2015 11:13AM

What are your options abroad and what are your options in Ireland with regards to career? Also advice would depend on your qualifications/experience

kneemos · 03-02-2015 11:15AM

He's a good saver...mystery?

AnonoBoy · 03-02-2015 11:15AM

The cocaine business will start booming again soon. You should stay and make a fortune.

I'm presuming you sell cocaine.

GhostInTheRuins · 03-02-2015 11:19AM

Where are you thinking of going?

oceanman · 03-02-2015 11:19AM

definitely go...this country is getting more like a dictatorship every day!

Jeremyr · 03-02-2015 11:19AM

5starpool wrote: »

On a job less than 30k per year there is no way you would have organically saved 80k. Condolences on your father's death, but if his life savings amounted to 28k with no property, how do you have 3 times that saved by 25?

If you have managed to save that much in a few years why would you want to leave?

Worked offshore before my current job, i was earning alot more than i am atm

ghogie91 · 03-02-2015 11:20AM

Get your own place, you will view life differently, with your savings you could turn it into a class house the way you want it. The outside world wont bother you once you have the 60 inch UHD screen projecting FiFa into your brain

Or build yourself a nice little gym in the house and use that, go to work, come home, gym it for about 90 mins, good feed and Fifa and movies for the night, Ideal situation for me that. Into work the next day, look busy and repeat :P

Also condolences on the passing of your father.

Kirby · 03-02-2015 11:21AM

5starpool wrote: »

On a job less than 30k per year there is no way you would have organically saved 80k. Condolences on your father's death, but if his life savings amounted to 28k with no property, how do you have 3 times that saved by 25?

If you have managed to save that much in a few years why would you want to leave?

Some people are more frugal than others. When I was 25, I worked in a job at 24k and by the end of the year had 8k in savings. In a year. I have no kids and no dependents and I haven't signed my life away to a mortgage. Rent is cheaper.

I didn't live on beans either, I bought the things I liked.... I just wasn't stupid. That 8k savings meant that when I lost my job, I had something to live on and didn't have to live off social welfare.

I know people who piss money away and no matter how much they earn, it will be spent and I know people who never put their hand in their pockets. We are all different so don't assume everybody else is the same as you financially.

While the amounts he claim are impressive, if you figure he has been working since he was 18, it's not an outlandish figure to have saved.

Pierce_1991 · 03-02-2015 11:21AM

Jeremyr wrote: »

Worked offshore before my current job, i was earning alot more than i am atm

What was the job? Any openings?

everlast75 · 03-02-2015 11:21AM

Considering you're probably wanted for bank robbery, I'd pack up and go

doolox · 03-02-2015 11:30AM

I recall many friends of mine who missed the social aspect of Ireland while abroad. Those include sports players and others involved in cultural aspects of life particular to Ireland. If you do not have any particular Irish interest or passion then a trip abroad could be feasible.

You already have experience abroad so you need to weigh up the pros and cons of such a move for yourself.

I assume you are single with no steady partner or ongoing desire to get one in Ireland for the forseeable future.

I assume that you job has easily transferable skills which can be used elsewhere.

If your German was any good I would say move to Austria as it is well ordered, rich, has low unemployment etc. Denmark would be another safe bet but has high taxes. The UK is not too bad but the wages are even lower than here and the rents are higher than Dublin as are transport and energy costs.

You need to get away from the cronyism, negative rubbish and lack of real working educated and effective democracy and society that typifies Ireland of today. I wish you all the luck in your endeavours.

imitation · 03-02-2015 11:30AM

Kirby wrote: »

Some people are more frugal than others. When I was 25, I worked in a job at 24k and by the end of the year had 8k in savings. In a year. I have no kids and no dependents and I haven't signed my life away to a mortgage. Rent is cheaper.

I didn't live on beans either, I bought the things I liked.... I just wasn't stupid. That 8k savings meant that when I lost my job, I had something to live on and didn't have to live off social welfare.

I know people who piss money away and no matter how much they earn, it will be spent and I know people who never put their hand in their pockets. We are all different so don't assume everybody else is the same as you financially.

While the amounts he claim are impressive, if you figure he has been working since he was 18, it's not an outlandish figure to have saved.

He'd have to save like 11k every year, thats a tall order for an 18 year old who'd probably be on a min wage, if you could even get a job that easily in past 7 years.

mikom · 03-02-2015 11:34AM

Jeremyr wrote: »

Long story short i'm 25 years old Male, my father died recently i got left his life savings (he had no property) of 28k and added to my life savings so i now have 110k and i'm getting sick of Ireland.

Fat Christy wrote: »

How the hell do you have that much money saved at 25? Living at home?

At home
Drawing pictures
Of mountain tops
With him on top

fedor.2. · 03-02-2015 11:41AM

oceanman wrote: »

definitely go...this country is getting more like a dictatorship every day!

Today I learned that some people have no idea what a dictatorship is

CINCLANTFLT · 03-02-2015 11:44AM

fedor.2. wrote: »

Today I learned that some people have no idea what a dictatorship is

You beat me to it... I have been making it my mission to educate the world on how Ireland is not all that bad... Doing it one taxi driver at a time!!!

suicide_circus · 03-02-2015 11:47AM

I'm not advising you until you tell us how you saved 82 grand by the age of 25

Don't Chute! · 03-02-2015 11:47AM

Please go, and take this guy with you.

oceanman wrote: »

definitely go...this country is getting more like a dictatorship every day!

03-02-2015 11:49AM

Your thread as it stands is not that answerable OP. You speak of some discontent with Ireland - but it is not clear what the source of that discontent actually is. Therefore it is impossible to know whether a move would be a good thing for you.

A lot of people have sources of discontent and they try a move - only to eventually find - when a lot of time and money has been wasted in the discovery - that the same factors exist there as existed here and the same discontent resurfaces after the nice period of things being different.

While others do move and never come back - their particular brand of discontent having actually been cured by the move.

So perhaps the first step for you would be some mindful introspection as to the source - causes - forms of your discontent - and from there formulate an idea on what it is you would actually be seeking if you were to up and leave for another place.

Whether a move is right for you at this time or not you can work out from there - but certainly with your current freedom and financial situation - now is certainly the time to be asking these questions and formulating a way forward.

anncoates · 03-02-2015 11:49AM

Tricky one, to be fair.

If you go, there could be trouble but if you stay it could be double.

kylith · 03-02-2015 11:50AM

Buy property, rent it out, use that to fund your travels

Jeremyr · 03-02-2015 12:02PM

kylith wrote: »

Buy property, rent it out, use that to fund your travels

Very viable option

Sherlof3 · 03-02-2015 12:05PM

Hi apologies on your father's passing. Would you consider studying for an MBA? There are some excellent options in Smurfit - or as you have the money would it be an option to look at some of the Ivy League in the states? You might still need to look for a scholarship as the fees are huge.

Where do you see yourself in ten years, in twenty years? What are the skill gaps you have? If you decide you want to run Bank of Ireland by the time you're fifty - what do you need to do now?

I would take a long hard look at where you need to be and set some goals! Don't mind all of these negative nellys and cynical sallys!

25 years old , 110 should i stay in Ireland

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