Brokest/richest you've been?

mr_fegelien · 10-08-2019 11:39am #1

Brokest - when I lost my first minimum wage job in college and overdrew €200 from my account

Richest - The day after I finished LC and my mother gave me the account to all the child benefit saved.

ytpe2r5bxkn0c1 · 10-08-2019 11:44am

Most broke: Newly married, child due, interest rates at a record high on the mortgage and having to put groceries back from the trolley in order to buy a small Christmas tree.

Richest: The day I retired and got a large six figure lump sum seemed to be the ultimate level at the time but our net worth has actually only increased thanks to prudent investment. So richest is probably today.

khaldrogo · 10-08-2019 11:47am

mr_fegelien wrote:

Richest - The day after I finished LC and my mother gave me the account to all the child benefit saved.

You write this like it's a common thing!!!!

The child benefit my mother received for me and my siblings was spent on clothes and food for us not put away in an account. Basically your family didn't need the benefit at all. They should have given the money to charity imo.

spurshero · 10-08-2019 11:49am

khaldrogo wrote: »

You write this like it's a common thing!!!!

The child benefit my mother received for me and my siblings was spent on clothes and food for us not put away in an account. Basically your family didn't need the benefit at all. They should have given the money to charity imo.

Why should they give it to charity ?

wylo · 10-08-2019 11:51am

Richest: Right Now
Brokest: When I lost my fiver in my early 20s during college and went on an hour search for it (and found it

)

Brokest I will be: In about 2 months time when I draw down my mortgage with my girlfriend and am technically valued -€75,000 and most of my savings are gone.

jon1981 · 10-08-2019 11:53am

spurshero wrote: »

Why should they give it to charity ?

I won't argue about how they used the money but the system is broken. Everyone is entitled to the allowance regardless of wealth. That's a problem.

Brokest, in college barely meeting the admin fees at the time ,500 euro. Had about 50 euro to myself a week. Living at home with broke parents. Everything was tight money wise.

Richest, now, happy family, roof over our heads and comfortably meeting our debts and saving money.

BuboBubo · 10-08-2019 12:00pm

spurshero wrote: »

Why should they give it to charity ?

To make some CEO rich, feck the family sure!

Brokest, when Mr Bubo lost his job and we were struggling to survive on my wages.

Richest, when my SSIA matured.

mr_fegelien · 10-08-2019 12:02pm

jon1981 wrote: »

I won't argue about how they used the money but the system is broken. Everyone is entitled to the allowance regardless of wealth. That's a problem.

Brokest, in college barely meeting the admin fees at the time ,500 euro. Had about 50 euro to myself a week. Living at home with broke parents. Everything was tight money wise.

Richest, now, happy family, roof over our heads and comfortably meeting our debts and saving money.

They say that most people are a paycheck or health disaster away from homelessness, even the rich.

How true is that?

spurshero · 10-08-2019 12:03pm

BuboBubo wrote: »

To make some CEO rich, feck the family sure!

Brokest, when Mr Bubo lost his job and we were struggling to survive on my wages.

Richest, when my SSIA matured.

Exactly . That persons family mightn’t have needed it cause maybe they all worked extremely hard to get whatever they have . Dosent mean they shouldn’t take it .

ytpe2r5bxkn0c1 · 10-08-2019 12:06pm

mr_fegelien wrote: »

They say that most people are a paycheck or health disaster away from homelessness, even the rich.

How true is that?

Nobody classified as rich is within an asses roar of homelessness. Health disasters can strike anybody but many can afford to get through it, financially, if they have reserves of wealth.

GetWithIt · 10-08-2019 12:07pm

mr_fegelien wrote: »

Brokest - when I lost my first minimum wage job in college and overdrew €200 from my account

Richest - The day after I finished LC and my mother gave me the account to all the child benefit saved.

There wouldn’t seem to be a huge gap between these 2 events. I’d prefer a thread dedicated to that intervening period.

Steviewinger · 10-08-2019 12:07pm

Brokest, child due the next day the only thing I had to my name was 3 euro. Was facing bankruptcy and was working in NAMA. Figure that one out.

Richest. When I left that job and got a good redundancy.

saintsaltynuts · 10-08-2019 12:10pm

Money is a c*nt isn't it.

Tell me how · 10-08-2019 12:10pm

Brokest: Was working but had to count entirety of change tray on hall table to get fuel to go to night class (was €7 and got paid my monthly payment 12 hours later).
Richest: Day I resigned to return to college full time for a year. Lived off savings which I had done well in accumulating but it's been downhill since that day on the money front.

rafa05 · 10-08-2019 12:28pm

Poorest - Renting in Dublin and coming back after xmas with not a lot of money. Last 2 days before I got paid I lived of a tesco's xmas pudding I had in the press.

Richest - Living in Aus making good money and no money worries

KevRossi · 10-08-2019 1:02pm

Brokest? Quite often had no money for a few days waiting for the monthly pay check to arrive. Had a good life at the time though, lot of partying and a lot of travelling.

Once had about €50 in my pocket, no job and no accomodation, had just arrived back in Germany after travelling for 8 months, but I knew that I had a couch in a mates garden shed and could get a job within a few days back then.

Richest would be now when I add up my savings, a very small, very modest house a nice parcel of land that I bought over the past 10-12 years.

I can live on very little if needed, so doubt I'll ever end up back with nothing - 'touch wood'.

Badly Drunk Boy · 10-08-2019 1:12pm

Most broke: Probably when I first bought my house, but not having exotic/expensive tastes, I was able to cope well enough. We never had much growing up so you don't really notice what you never had.

Richest: Now, I suppose. I paid off my mortgage nearly two years ago, and I don't have the main money-guzzlers which I suppose would be kids or a car.

BuboBubo wrote: »

Richest, when my SSIA matured.

I'm still saving into what was my SSIA account, and have only ever withdrawn €5000, and that was a loan to help out a family member.

Funny(ish) story: The day I got that €5000 cheque, my mother visited unexpectedly and I hadn't thought of putting the cheque away. For some reason, when she saw it she thought I was being blackmailed, even though I had nothing to be blackmailed about, and I've never been in any sort of trouble.

Because the loan was a private matter with a different family member, I never told her what it was for...:o

Homelander · 10-08-2019 1:19pm

Most broke - when I went from full time to two day part time during the recession for a while. Often left with pocket change the day before every payday.

Richest - technically today though I'm not in a great position now at all.

DEFTLEFTHAND · 10-08-2019 1:29pm

As a student I was dirt poor. I'd survive on 100 quid a week.

Richest when I got 85,000 inhertiance from sale of a family business.

Not much of that left though with a mortgage and a kid.

Reg'stoy · 10-08-2019 1:32pm

Most broke...wandering around Dublin city centre trying to find a banklink machine that would allow me to withdraw a fiver. I remember once trying to run between machines as someone had told me that if you were quick enough you could withdraw the same amount twice.

Richest...holding a bridging loan cheque in my hand whilst building my first house. The interest I was paying on the amount was just arse clenchingly scary but for the time between getting it from the bank and handing it to the builder, i was technically the richest I have ever been.

There was a time recently, where for the briefest of moments I thought I had won big money doing the lotto online.
Got an email from them saying check your online account as you have won some money. The email went on to say that upto a certain amount of money would be paid online but large wins would have to be claimed in their head office. Anyway I knew that i had something like €2 in it and so I opened up my account I saw that there was only €3 something in it. I genuinely thought "**** me, I've won big money" as I knew the smallest amount that could be won was more than was in my account. But no, I had won a €2 scratch card which the give you in the money amount. I could have cried

mcgragger · 10-08-2019 1:37pm

mr_fegelien wrote: »

Brokest - when I lost my first minimum wage job in college and overdrew €200 from my account

Richest - The day after I finished LC and my mother gave me the account to all the child benefit saved.

Id 11 grand debt by the time I'm 25. Credit card and frittering away money

Got sense... saved for 10 years and had nearly 80grand saved.....

Lost sense and got married had kids , bought a house etc etc..... now ... me not have so much anymore ðŸ˜ðŸ˜ðŸ€£

mr_fegelien · 10-08-2019 1:41pm

DEFTLEFTHAND wrote: »

As a student I was dirt poor. I'd survive on 100 quid a week.

Richest when I got 85,000 inhertiance from sale of a family business.

Not much of that left though with a mortgage and a kid.

were you running the business or not?

L1011 · 10-08-2019 1:45pm

Richest would be right now and has basically been the current moment for some years. Mostly asset value from one asset that could crash at any time. Realistically this is going to be the same for a huge number of posters

Actual feeling of richest was when I was living at home, making a quite decent salary for the time and then got an absolutely huge bonus for Christmas one year - tax took quite a lot of that but the one deductions figure on that payslip was a nice solid five figures. Some overtime added in the mix too but that barely mattered

Cleared my credit card and spent the rest on going to gigs. Don't really regret that.

I think the feeling is what most people are answering on!

L1011 · 10-08-2019 1:54pm

Forgot to mention feeling brokest - house bought, partner retraining in a course the state wouldn't support, just changed job to one with an expensive commute from one with a company car.

Day before payday I ended up cleaning the car to see if I could find enough dropped coins to add a few beers to the shopping I had enough for. Found about 15 quid in €2s and 1s that had fallen out of my pockets over the past few years since I'd had the car.

The under-seat savings bank got me a box of 330s :pac:

Tammy! · 10-08-2019 1:57pm

Brokest was when I was a child and we went from being fairly flush to not having anything. My parents handled that so well though.

Felt the richest during the Celtic Tiger Years.

Richest is probably now. Not rich but not doing too bad.

nw5iytvs0lf1uz · 10-08-2019 2:01pm

spurshero wrote: »

Why should they give it to charity ?

What they mean is given it to them.
The joys of the welfare state

dotsman · 10-08-2019 2:20pm

Brokest - when a teenager prior to the age of 16 when I started my first job

Richest - probably today (or 2 weeks ago to be precise). Every month, my pension fund (typically) increases, my mortgage loan decreases, my savings increase and my investment portfolio (typically) increases.

khaldrogo wrote: »

Basically your family didn't need the benefit at all. They should have given the money to charity imo.

Did your parents give theirs to charity? No? Then stop telling other people what to do with theirs. How do you know they didn't need the money? They may have needed a holiday, but decided to save instead. They may have needed a new car, but decided to save instead. They may have needed to buy ice-cream from a van, but decided to save instead. They may have needed branded clothes, but decided to save instead. What is it with socialists that they always want to punish and discourage sensible behaviour???

jon1981 wrote: »

I won't argue about how they used the money but the system is broken. Everyone is entitled to the allowance regardless of wealth. That's a problem.

So what? Either we pay people to have kids or we don't. Trying to decided who is wealthy and who isn't is the usual socialist rattling that misses the whole point. Especially when the "wealthy" are the ones who put the vast majority of the money into that pot.

A less crazy proposal would be that we should be moving it the other way and offering a percentage of the parent's income. The richer you are the more you receive. You earn a load of money? Congratulations, you are the sort of person we want to raise kids. You are a middle-income earner who currently can't afford kids, - well here's a nice chunk of money to help make it possible. You earn SFA? STOP HAVING KIDS !!! You can't afford them! and, in all likelihood, all you are doing is raising the next generation of welfare dependants.

Peatys · 10-08-2019 2:45pm

Brokest- selling stuff to pay mortgage 6 years ago. 300k in dept.

Richest- now. House is paid off and just got the keys to an apartment in Westport we bought cash.

I see sheep · 10-08-2019 2:47pm

-3,000 / +15,000

adam88 · 10-08-2019 2:47pm

Peatys wrote: »

Brokest- selling stuff to pay mortgage 6 years ago. 300k in dept.

Richest- now. House is paid off and just got the keys to an apartment in Westport we bought cash.

Fair play. Big turn around in space of six years

shamrock55 · 10-08-2019 2:57pm

Peatys wrote: »

Brokest- selling stuff to pay mortgage 6 years ago. 300k in dept.

Richest- now. House is paid off and just got the keys to an apartment in Westport we bought cash.

Holy **** how did you pay off 300000 in six years plus save cash for appartment

MrMiata · 10-08-2019 2:58pm

Brokest - This September when I return to college and pay for it myself and run a car..
Richest - A few weeks back when I had money saved for college, right before I rear ended a 5 Series BMW and threw away €1000 on a rear bumper.

cnocbui · 10-08-2019 3:07pm

saintsaltynuts wrote: »

Money is a c*nt isn't it.

No, only the lack of it.

10-08-2019 3:22pm

shamrock55 wrote: »

Holy **** how did you pay off 300000 in six years plus save cash for appartment

Inheritance / Life insurance policy paying out

Lotto win :cool:
Earnings not necessarily of the legal variety :eek:

cnocbui · 10-08-2019 3:28pm

Deleted User wrote: »

Inheritance / Life insurance policy paying out
Lotto win :cool:
Earnings not necessarily of the legal variety :eek:

Probably left Ireland and went to work somewhere with lower levels of taxation.

YFlyer · 10-08-2019 3:29pm

mr_fegelien wrote: »

Brokest - when I lost my first minimum wage job in college and overdrew €200 from my account

Richest - The day after I finished LC and my mother gave me the account to all the child benefit saved.

Must have lost a lot in those years?

10-08-2019 3:35pm

cnocbui wrote: »

Probably left Ireland and went to work somewhere with lower levels of taxation.

Taxhaven or Shíthole?

Peatys · 10-08-2019 3:40pm

shamrock55 wrote: »

Holy **** how did you pay off 300000 in six years plus save cash for appartment

Posted about it few months ago...

Peatys wrote: »

I worked for a company that charged mega bucks for me to work on customers sites.

Salary didn't cover our mortgage/crèche/diesel etc... Sold a lot of our stuff to make payments

One Friday, i was working late in GE Carrigtwohill to save my firm having to organise attendance for the following week, i got back to ashbourne in the early hours, bought a bag of chips in the chipper on the company card.

A month later the accountant was going through the card and flagged the €3 charge. I told her to talk to my manager who i had talked to the Monday.

She kicked up such a stink my manager told me I'd have to pay back the cash. Damage done, i started my own validation company and sent an email to my site contacts thanking them for all the help over the previous 10 years.

I now make the same money that i used to make for my employers, but it goes into my coffers, not theirs.

My wife is now able to leave her job in ifsc/no commute, and do all our back office work from home and the kids are out of 7am-6pm crèche and into 3 hr preschool.

Peatys · 10-08-2019 3:41pm

Deleted User wrote: »

Inheritance / Life insurance policy paying out
Lotto win :cool:
Earnings not necessarily of the legal variety :eek:

no just didn't listen to the nay-sayers and went out on my own.. massive risk/stress at the time.

shar01 · 10-08-2019 3:43pm

Brokest - January 1997 - went back to college in September 1996. Down to my last £10.

Richest - September 2018 - found out I was part of the tracker mortgage fiasco and got €43k of my money back.

cnocbui · 10-08-2019 3:43pm

You got to love a good Karma story!

khaldrogo · 10-08-2019 4:03pm

dotsman wrote:

Did your parents give theirs to charity? No? Then stop telling other people what to do with theirs. How do you know they didn't need the money? They may have needed a holiday, but decided to save instead. They may have needed a new car, but decided to save instead. They may have needed to buy ice-cream from a van, but decided to save instead. They may have needed branded clothes, but decided to save instead. What is it with socialists that they always want to punish and discourage sensible behaviour???

What are you ****eing on about??

Dr Turk Turkelton · 10-08-2019 4:56pm

khaldrogo wrote: »

What are you ****eing on about??

I think he's asking you why your parents didn't donate their children's allowance to charity if you expect others to do the same?

fmpisces · 10-08-2019 5:01pm

In terms of money, the most broke I've ever been was after splitting from my ex. Had literally not a cent to my name. Richest, probably now but there's always room for improvement!

wakka12 · 10-08-2019 5:08pm

khaldrogo wrote: »

You write this like it's a common thing!!!!

The child benefit my mother received for me and my siblings was spent on clothes and food for us not put away in an account. Basically your family didn't need the benefit at all. They should have given the money to charity imo.

Its his money that he was given rightfully, he should have done whatever he pleased with it is what he should have done!

But I agree that the government shouldnt be giving the money to families that dont particularly need it.My family didnt 'need' it but its not like we were so rich that we were flushed with disposable income that we could just give it away to charity, it increased our quality of life still even though our essentials were covered comfortably without the benefits.

DEFTLEFTHAND · 10-08-2019 5:11pm

mr_fegelien wrote: »

were you running the business or not?

Involved in it yes but not at the executive level.

I was left a share in my grandfathers Will. The business was sold after he died.

Mickiemcfist · 10-08-2019 5:18pm

Peatys wrote: »

Posted about it few months ago...

Fair play, I love stories like that.

ILoveYourVibes · 10-08-2019 5:41pm

Never been broke luckily.

Richest now.

khaldrogo · 10-08-2019 9:09pm

Dr Turk Turkelton wrote:

I think he's asking you why your parents didn't donate their children's allowance to charity if you expect others to do the same?

Because it was spent on the children to put shoes on their feet and food in their bellies as it came in because it was needed to supplement their income. It wasnt something that wouldn't be missed if it didn't arrive. The fact that this guys parents had enough money to put away 18k for him suggests that they didn't need it in the first place.....the child benefit was introduced to help struggling families.

Butterface · 10-08-2019 9:41pm

Poorest: In college in England, living off £75 a week (after rent and bills). It was more the fact that I spent a large portion of the £75 on socialising. I was fairly good at being a frugal student otherwise!

Richest: Right now. In the middle of buying a house though, so have fairly tightened the belt!

Sugar Free · 10-08-2019 10:07pm

Right now is by far my highest net worth. Next year after I buy a place I will be worth a large negative figure. So next year and for several years after it will technically be my poorest time.

I 'felt' the richest after moving country, getting paid for the first time and realising how much was left after tax. You try to estimate your cost of living and net income as best as possible before moving by using online calculators and talking to people. However the realisation when you see the number that you're now far better off than before was a nice feeling.

Feeling the poorest was probably during a graduate role after my bachelors. Even then, I had enough money to live just not much else. So, not exactly poor in reality.

Brokest/richest you've been?

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