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How much money does a person need to earn to be considered "filthy rich"?

24567…11

Comments

  • #32
    smash
    Closed Accounts Posts: 34,808 ✭✭✭✭smash


    jimgoose wrote: »
    I assume he's talking about a band-based system similar to the current one, only with different tiers and rates.

    Yea but I like to be dramatic :D


  • #33
    [Deleted User]
    Posts: 745 ✭✭✭ [Deleted User]


    Somebody with no mortgage or other debts, who takes in 2-3k plus of passive income per week I would classify as rich.

    Somebody who takes in 2-3k plus per week from working harder than they would prefer to be working, and who hasn't yet paid off their mortgage and has other debts, and who has to worry about the day to day realities of their, probably, high responsibility job, I would consider to have a high income but not be rich in the way I normally imagine rich people.


  • #34
    Ush1
    Registered Users, Registered Users 2 Posts: 11,484 ✭✭✭✭Ush1


    jimgoose wrote: »
    Ophuphuxache, do we have to do the usual "Us and Them!!" thing just now? Can we not just have a thread about tax, which is much the same for everybody? :pac:

    The subject of taxation is always us and them unfortunately.

    You'll either be a higher earner complaining of being taxed too much, or a lower earner complaining of not having good enough public funded services so the higher earners should pay more.


  • #35
    [Deleted User]
    Posts: 745 ✭✭✭ [Deleted User]


    Somebody with no mortgage or other debts, who takes in 2-3k plus of passive income per week I would classify as rich.

    Somebody who takes in 2-3k plus per week from working harder than they would prefer to be working, and who hasn't yet paid off their mortgage and has other debts, and who has to worry about the day to day realities of their, probably, high responsibility job, I would consider to have a high income but not be rich in the way I normally imagine rich people.

    Obviously it's a gradual scale from rich to filthy rich, but I'd consider 10k plus per week, however one earns/acquires it, to be definitely filthy rich!


  • #36
    [Deleted User]
    Posts: 24,773 ✭✭✭✭ [Deleted User]


    Ush1 wrote: »
    Why is it totally irrelevant? How much tax is going on a bloated and overpaid public sector?

    It's irrelevant because it's an attempt by you to bash the public sector. Sure I should be working for minimum wage in your eyes and kissing the feet of private sector workers. I'm as entitled to complain about the amount of tax as any private sector worker.

    Over paid? Most people in the public sector are underpaid, particularly in the areas of education and healthcare, after cuts in recent years it's even worse. Thankfully there is now a move for increases again.

    Why does any thread where money gets mentioned get dragged into this debate by private sector workers looking to cause trouble.


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  • #37
    Ush1
    Registered Users, Registered Users 2 Posts: 11,484 ✭✭✭✭Ush1


    Tate Tangy Muck wrote: »
    It's irrelevant because it's an attempt by you to bash the public sector. Sure I should be working for minimum wage in your eyes and kissing the feet of private sector workers. I'm as entitled to complain about the amount of tax as any private sector worker.

    Over paid? Most people in the public sector are underpaid, particularly in the areas of education and healthcare, after cuts in recent years it's even worse. Thankfully there is now a move for increases again.

    Why does any thread where money gets mentioned get dragged into this debate by private sector workers looking to cause trouble.

    I know there is a huge amount of waste in the public sector, many of my close family work in it and acknowledge it themselves. I have also worked on many public sector projects and seen the wastefulness first hand.

    So you're arguing for better pay for public sector workers, while wanting less taxation?


  • #38
    ohnonotgmail
    Registered Users, Registered Users 2 Posts: 41,365 ✭✭✭✭ohnonotgmail


    If you are paying PAYE then you are not "filthy rich".


  • #39
    Infini
    Registered Users, Registered Users 2 Posts: 4,767 ✭✭✭Infini


    Cant really call yourself filthy rich unless your making more than a Grand a week AFTER tax+expenses.


  • #40
    ohnonotgmail
    Registered Users, Registered Users 2 Posts: 41,365 ✭✭✭✭ohnonotgmail


    Infini2 wrote: »
    Cant really call yourself filthy rich unless your making more than a Grand a week AFTER tax+expenses.

    that would be slightly dirty at best.


  • #41
    Reindeer
    Closed Accounts Posts: 1,076 ✭✭✭Reindeer


    The_Valeyard wrote: »
    I always thought filthy rich was an absolute extraordinary amount of wealth like a Euro Millions jackpot winner.

    I know several folks worth millions. Of them, the only one I would call 'filthy rich' as in 'money is zero object' is worth nearly 40 mil. I over bill him a lot...a whole lot


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  • #42
    Saipanne
    Closed Accounts Posts: 4,882 ✭✭✭Saipanne


    I suppose I'm in the filthy rich definition, as defined above.

    Poor paupers... :(


  • #43
    ohnonotgmail
    Registered Users, Registered Users 2 Posts: 41,365 ✭✭✭✭ohnonotgmail


    Saipanne wrote: »
    I suppose I'm in the filthy rich definition, as defined above.

    Poor paupers... :(

    which definition though?


  • #44
    Saipanne
    Closed Accounts Posts: 4,882 ✭✭✭Saipanne


    ohnonotgmail wrote: »
    which definition though?

    The 100k one.


  • #45
    Arbiter of Good Taste
    Registered Users, Registered Users 2 Posts: 2,200 ✭✭✭Arbiter of Good Taste


    Infini2 wrote: »
    Cant really call yourself filthy rich unless your making more than a Grand a week AFTER tax+expenses.

    That's far from filthy rich. That's just reasonably affluent with good savings mentality


  • #46
    walkingshadow
    Banned (with Prison Access) Posts: 369 ✭✭walkingshadow


    €74.16


  • #47
    ohnonotgmail
    Registered Users, Registered Users 2 Posts: 41,365 ✭✭✭✭ohnonotgmail


    Saipanne wrote: »
    The 100k one.

    hi buddy, how are ye?


  • #48
    Saipanne
    Closed Accounts Posts: 4,882 ✭✭✭Saipanne


    ohnonotgmail wrote: »
    hi buddy, how are ye?

    I'm not your buddy, guy.


  • #49
    ohnonotgmail
    Registered Users, Registered Users 2 Posts: 41,365 ✭✭✭✭ohnonotgmail


    Saipanne wrote: »
    I'm not your buddy, guy.

    you filthy rich people are no fun at all.


  • #50
    Mint Aero
    Closed Accounts Posts: 3,570 ✭✭✭Mint Aero


    Saipanne wrote: »
    I'm not your buddy, guy.

    He's not your guy, friend.


  • #51
    chakotha
    Registered Users, Registered Users 2 Posts: 912 ✭✭✭chakotha


    When you pay to fly first class everywhere you're filthy rich.


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  • #52
    Saipanne
    Closed Accounts Posts: 4,882 ✭✭✭Saipanne


    ohnonotgmail wrote: »
    you filthy rich people are no fun at all.

    South Park joke! :)


  • #53
    Chipolor
    Banned (with Prison Access) Posts: 6 ✭Chipolor


    A 100k salary is not even close to filthy rich, it's not even rich. It's a very good salary, that's all. When you are making 500k per year you are rich, but not filthy rich. Floyd Mayweather is filthy rich.


  • #54
    Saipanne
    Closed Accounts Posts: 4,882 ✭✭✭Saipanne


    Mint Aero wrote: »
    He's not your guy, friend.

    I'm not your friend, buddy!


  • #55
    Your Superior
    Registered Users, Registered Users 2 Posts: 251 ✭✭Your Superior


    chakotha wrote: »
    When you pay to fly first class everywhere you're filthy rich.

    Or maybe you just like to arrive refreshed and comfortable?


  • #56
    Sleepy
    Registered Users, Registered Users 2, Paid Member Posts: 25,000 ✭✭✭✭Sleepy


    If you have enough money in the bank/assets that neither you, nor your children, will ever need to work to support a lavish lifestyle, you're filthy rich.

    100k a year is a nice salary and, if managed at all prudently, should be the foundation for your grandchildren to be rich.

    Boards.ie need your help to survive, subscribe here



  • #57
    [Deleted User]
    Posts: 24,773 ✭✭✭✭ [Deleted User]


    chakotha wrote: »
    When you pay to fly first class everywhere you're filthy rich.

    When you have a private jet then you are filthy rich.


  • #58
    ohnonotgmail
    Registered Users, Registered Users 2 Posts: 41,365 ✭✭✭✭ohnonotgmail


    Your Superior wrote: »
    Or maybe you just like to arrive refreshed and comfortable?


    well then you travel business class.


  • #59
    Your Superior
    Registered Users, Registered Users 2 Posts: 251 ✭✭Your Superior


    ohnonotgmail wrote: »
    well then you travel business class.

    If it's less than 6 hours flight and during daylight hours, yes you do.


  • #60
    ohnonotgmail
    Registered Users, Registered Users 2 Posts: 41,365 ✭✭✭✭ohnonotgmail


    Your Superior wrote: »
    If it's less than 6 hours flight and during daylight hours, yes you do.


    business class looks every bit as comfortable as first class. and for about 1/3rd the price.


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  • #61
    [Deleted User]
    Posts: 24,773 ✭✭✭✭ [Deleted User]


    ohnonotgmail wrote: »
    business class looks every bit as comfortable as first class. and for about 1/3rd the price.

    Depends on the Plane, on the likes of BA first class is individual sleeping pods where as business class is more in the direction of normal seats. Dont think any business class has lie flat chairs either but Im open to correction on that which is one of the major draws of first class.


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