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  1. Live by the sea

    [Finance] What is 'rich' in 2023?

    It’s different in this country to the States . I do think family , education level & your job all contribute towards your so called class level . For example a family where both parents are degree educated , both professionals and send their kids to a private school are deemed as middle class ...
  2. Live by the sea

    [Finance] What is 'rich' in 2023?

    I guess if you have a spare bedroom , you have the option to rent it out .
  3. Live by the sea

    [Finance] What is 'rich' in 2023?

    Some people’s mortgages have gone up 30% so suddenly 4k a month on a big ish mortgage becomes nearer £5.5k that’s an issue for many people even those who could afford the normal 4k payments . It’s not that unusual, even in Brighton and hove ( not London ) I’ve seen buyers approved for and...
  4. Live by the sea

    [Finance] What is 'rich' in 2023?

    There was a similar shop in NYC on the upper east side . Row of big jars all filled with different coloured sweets and space dust that popped in your mouth. You bought it by weight .
  5. Live by the sea

    [Finance] What is 'rich' in 2023?

    Exactly - upper class people owning a stately mansion that they can’t afford to properly maintain or heat . In the US, it’s not really class like in England . The only thing that really matters is whether you can afford it .
  6. Live by the sea

    [Finance] What is 'rich' in 2023?

    Not just London , many houses in Brighton and Hove are worth over £1m , quite a few are worth over £1.5 m and more. I’m not saying that’s a good thing or a bad thing but it’s a fact. I had a friend move down from South London and couldn’t believe how little you get in central Hove for your...
  7. Live by the sea

    [Finance] What is 'rich' in 2023?

    Very true but it’s harder to do that on hols , restaurants etc unless you really go all out .
  8. Live by the sea

    [Finance] What is 'rich' in 2023?

    Rich to me is having a very large excess yearly after you’ve paid all your expenses and bills / mortgage etc . So if you have bills of say £50k a year but earn £150k your cash rich . However most people I know that earn £150k plus have several holidays a year and go out a lot theatre , mini...
  9. Live by the sea

    [Finance] What is 'rich' in 2023?

    Most consultant cardiologists & other medical consultants that I have dealt with on behalf of friends split their time between nhs and private and earn a lot more than £200k a year . Closer to £400k I expect . most of them seem to send their kids to what you would call a public school , ie...

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