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What do you have to earn to be rich?

  • 30-12-2019 8:24pm
    #1
    Pooinloo
    Banned (with Prison Access) Posts: 48 ✭


    Not talking about legacy wealth, but what income brackets correspond to being rich/poor in Dublin? I'd say by household it's something like this:

    Dole - 30k: Poor
    30k - 55k: Sort of poor
    55k-75k: lower middle
    75k-90k: middle of the pack
    90k-115k: upper middle
    115k-170k: fairly well off
    170k+: rich


«134567

Comments

  • #2
    nullzero
    Registered Users Posts: 16,349 ✭✭✭✭nullzero
    ****


    You think 75-90k per annum is an average income?

    Glazers Out!



  • #3
    Pooinloo
    Banned (with Prison Access) Posts: 48 ✭Pooinloo


    nullzero wrote: »
    You think 75-90k per annum is an average income?

    Per household


  • #4
    Ginger83
    Registered Users Posts: 3,415 ✭✭✭Ginger83


    Pooinloo wrote: »
    Not talking about legacy wealth, but what income brackets correspond to being rich/poor? I'd say by household it's something like this:

    Dole - 30k: Poor
    30k - 55k: Sort of poor
    55k-75k: lower middle
    75k-90k: middle of the pack
    90k-115k: upper middle
    115k-170k: fairly well off
    170k+: rich

    Define rich


  • #5
    Trigger Happy
    Registered Users Posts: 6,065 ✭✭✭Trigger Happy


    It depends on how much you spend compared to how much you earn and/or have saved or inherited.
    And its relative.


  • #6
    Pooinloo
    Banned (with Prison Access) Posts: 48 ✭Pooinloo


    Ginger83 wrote: »
    Define rich

    That's basically what the thread is asking you to do


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  • #7
    Ficheall
    Registered Users Posts: 9,018 ✭✭✭Ficheall


    Well, isn't that a fine how-do-you-do. Seems I'm poor.


  • #8
    nullzero
    Registered Users Posts: 16,349 ✭✭✭✭nullzero
    ****


    Pooinloo wrote: »
    Per household

    Thanks for changing your OP to reflect this.

    Glazers Out!



  • #9
    ZuluDawn2020
    Banned (with Prison Access) Posts: 13 ✭ZuluDawn2020


    Pooinloo wrote: »
    Not talking about legacy wealth, but what income brackets correspond to being rich/poor? I'd say by household it's something like this:

    Dole - 30k: Poor
    30k - 55k: Sort of poor
    55k-75k: lower middle
    75k-90k: middle of the pack
    90k-115k: upper middle
    115k-170k: fairly well off
    170k+: rich

    Don't get married or commit to a serious relationship don't have kids don't take out a mortgage don't smoke don't eat fast food do go for a run every morning and do manage twenty press ups correctly in one set and you are doing better than 99% of humanity.


  • #10
    CageWager
    Registered Users Posts: 545 ✭✭✭CageWager


    Someone on 55k can have considerably more disposable income than someone on 170k. Its all relative to lifestyle, debt, expectations, responsibilities.

    I would tend to think a single person on about 55-60k would be able to afford a very comfortable lifestyle if they are reasonably sensible with their money.


  • #11
    Purple Mountain
    Registered Users Posts: 12,996 ✭✭✭✭Purple Mountain


    I'm fooked so.

    To thine own self be true



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  • #12
    Drumpot
    Registered Users Posts: 19,306 ✭✭✭✭Drumpot


    Earn gratitude for what you have and you will be the richest person in the world.


  • #13
    Snow Garden
    Banned (with Prison Access) Posts: 3,126 ✭✭✭Snow Garden


    A clean bill of health


  • #14
    Pooinloo
    Banned (with Prison Access) Posts: 48 ✭Pooinloo


    Drumpot wrote: »
    Earn gratitude for what you have and you will be the richest person in the world.

    Yes but I mean in real life.


  • #15
    2Mad2BeMad
    Registered Users Posts: 2,790 ✭✭✭2Mad2BeMad


    Drumpot wrote: »
    Earn gratitude for what you have and you will be the richest person in the world.

    Can't buy pints with gratitude.


  • #16
    Wildly Boaring
    Registered Users Posts: 3,629 ✭✭✭Wildly Boaring


    Disposable income be more important to me.

    A couple on 100k with 2 kids, mortgage and running 2 cars

    A singleton on 100k in an inherited flat and walking to work.

    Incomparable.


  • #17
    IAMAMORON
    Banned (with Prison Access) Posts: 9,078 ✭✭✭IAMAMORON


    Unless you never have to work again, or indeed never did have to ever work, you are not rich.

    Op I think you are also a bit of a clown, putting between sixty and ninety grand a year as being " middle of the road", proves that you are either 12 or an imbecile.

    Answers on a postcard.


  • #18
    Pooinloo
    Banned (with Prison Access) Posts: 48 ✭Pooinloo


    IAMAMORON wrote: »
    Unless you never have to work again, or indeed never did have to ever work, you are not rich.

    Op I think you are also a bit of a clown, putting between sixty and ninety grand a year as being " middle of the road", proves that you are either 12 or an imbecile.

    Answers on a postcard.

    Dual income in Dublin. Learn to read good.


  • #19
    Samuel T. Cogley
    Registered Users Posts: 10,684 ✭✭✭✭Samuel T. Cogley


    Paging the IT workers...


  • #20
    FAMLEE
    Banned (with Prison Access) Posts: 157 ✭✭FAMLEE


    "RICH". Means not having to work & millions in the bank. Rest of us are working class wether we earn 20k or 200k a year.


  • #21
    Stheno
    Moderators, Business & Finance Moderators, Science, Health & Environment Moderators, Social & Fun Moderators, Society & Culture Moderators Posts: 51,687 Mod ✭✭✭✭Stheno


    Samuel T. Cogley wrote: »
    Paging the IT workers...

    You called? How can we help you today?

    Or do you want us IT folk to clutter up the thread with talk of our outrageous salaries and massive benefits packages?


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  • #22
    Samuel T. Cogley
    Registered Users Posts: 10,684 ✭✭✭✭Samuel T. Cogley


    Stheno wrote: »
    You called? How can we help you today?

    Or do you want us IT folk to clutter up the thread with talk of our outrageous salaries and massive benefits packages?


    I don't want you to but I have a feeling it's going to happen anyway.


  • #23
    Stheno
    Moderators, Business & Finance Moderators, Science, Health & Environment Moderators, Social & Fun Moderators, Society & Culture Moderators Posts: 51,687 Mod ✭✭✭✭Stheno


    Samuel T. Cogley wrote: »
    I don't want you to but I have a feeling it's going to happen anyway.

    Don't see the point tbh :) it's well accepted that experienced IT people earn well above the average


  • #24
    antimatterx
    Registered Users Posts: 2,660 ✭✭✭antimatterx


    One year in as a software engineer, I'm making 32K. I'm in the fortunate position where I can save 75% of my income.


  • #25
    Stheno
    Moderators, Business & Finance Moderators, Science, Health & Environment Moderators, Social & Fun Moderators, Society & Culture Moderators Posts: 51,687 Mod ✭✭✭✭Stheno


    antimatterx wrote: »
    One year in as a software engineer, I'm making 32K. I'm in the fortunate position where I can save 75% of my income.

    Jesus that didn't take long.


  • #26
    antimatterx
    Registered Users Posts: 2,660 ✭✭✭antimatterx


    Stheno wrote: »
    Jesus that didn't take long.

    I was provoked when we were basically asked not to


  • #27
    YFlyer
    Registered Users Posts: 9,717 ✭✭✭YFlyer


    2Mad2BeMad wrote: »
    Can't buy pints with gratitude.

    Many have tried.


  • #28
    Beasty
    Administrators, Social & Fun Moderators, Sports Moderators Posts: 75,276 Admin ✭✭✭✭✭Beasty


    Pooinloo wrote: »
    Not talking about legacy wealth, but what income brackets correspond to being rich/poor in Dublin? I'd say by household it's something like this:

    Dole - 30k: Poor
    30k - 55k: Sort of poor
    55k-75k: lower middle
    75k-90k: middle of the pack
    90k-115k: upper middle
    115k-170k: fairly well off
    170k+: rich
    Damn! I'm going to be down to fairly well off when I drop my hours again later this year:(

    Fortunately richness is not defined by income


  • #29
    monkeysnapper
    Registered Users Posts: 2,575 ✭✭✭monkeysnapper


    You'll never earn enough and be happy financially so work out how to compromise on that.

    You have to settle for the fact theres more important things out there that will make you happy that dont cost money...


  • #30
    Stheno
    Moderators, Business & Finance Moderators, Science, Health & Environment Moderators, Social & Fun Moderators, Society & Culture Moderators Posts: 51,687 Mod ✭✭✭✭Stheno


    antimatterx wrote: »
    I was provoked when we were basically asked not to

    But by ops reckoning you are poor even if you had an Oh earning the same.

    And everyone knows that software engineers have no personalities so likely you're single.

    AND poor


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  • #31
    dark crystal
    Registered Users Posts: 10,962 ✭✭✭✭dark crystal


    Seems between me and my partner, we're still in the 'sort of poor' bracket. :o

    Don't live in Dublin, though, so our income is comfortable enough for us, I guess. Childcare costs were eating up my weekly wage, so when I got the opportunity to take shorter hours at work, I took it.

    Unless we pick the winning Lotto numbers, I doubt we'll ever be 'rich'.


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