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  1. Weststander

    [Finance] What is 'rich' in 2023?

    Funniest thing I heard with that classification was some twattish ex public school boys (only second and third gen wealth), who literally hated English “C2DE’s” (their language) appearing on England cricket tours in the 90’s in the West Indies. They yearned for the pre cheap flights era when it...
  2. Weststander

    [Finance] What is 'rich' in 2023?

    A social climber.
  3. Weststander

    [Finance] What is 'rich' in 2023?

    AKA: S & M
  4. Weststander

    [Finance] What is 'rich' in 2023?

    In this micro analysis of your life :lolol: . What about …. you’re a genuine working class lad made good through your own efforts, middle class, but never disowning your centre-left ethos? Imho ‘middle class’ encompasses most folk in modern western societies. 70 or 100 years ago it was...
  5. Weststander

    [Finance] What is 'rich' in 2023?

    A take home of £3,170. It depends on personal circumstances. A third of UK homes are owned outright. Millions still working paid off their mortgages earlier by not forever moving up the ladder or remortgaging for holidays/extensions. A 50 or 55 year old taking home £3,170 with no...
  6. Weststander

    [Finance] What is 'rich' in 2023?

    Imho it depends on the household. A couple, each on £40k plus in jobs they enjoy, can be good. Whilst a single breadwinner earning £60k may be finding life a struggle.
  7. Weststander

    [Finance] What is 'rich' in 2023?

    Going to be harsh here. Anyone earning £150k and whinging/angry about their plight, should put their house on the market or let it out, moving down the ladder for a period. They’re not lifers stuck with the dwelling. There was NO guarantee that mortgage rates would remain at 2% forever. I...
  8. Weststander

    [Finance] What is 'rich' in 2023?

    I think I mentioned this before .... until about 1978 the regular sweets at the front (Marathons, Topics, Tutti Frutti's) were unguarded. In the lunchtime maelstrom of the invading hordes, when the couple turned around to reach for the jars, a sea of hands reached forward to pilfer. So a...
  9. Weststander

    [Finance] What is 'rich' in 2023?

    On school days from year 8 we used our 12p bus fare (from Dad's) at lunchtime to buy a pie from Wavy Line or Mace?, and sweets from Jayne's at the top of Gibbon Road. The one opportunity to eat crap. Wimpy East Street Brighton was a once a year thing after shopping in Brighton.
  10. Weststander

    [Finance] What is 'rich' in 2023?

    True. https://www.ageuk.org.uk/information-advice/health-wellbeing/conditions-illnesses/malnutrition/#:~:text=Being%20malnourished%20can%20mean%20more%20visits%20to%20the,one%20million%20older%20people%20in%20the%20UK%20today.
  11. Weststander

    [Finance] What is 'rich' in 2023?

    I often buy groceries at ASDA Hollingbury, they’ve a McDonalds off of the foyer. It’s packed every opening hour, Mum’s rushing their kids there at schools closing time. Many schools have a load of busy takeaways outside the front gates. Jamie Oliver criticised the culture, so obese Yorkshire...
  12. Weststander

    [Finance] What is 'rich' in 2023?

    Or the effect of decades of eating shit, the majority of Brits are now overweight. McDonalds are rammed every opening hour, young folk live on horrendous and expensive bottled drinks of sugar.
  13. Weststander

    [Finance] What is 'rich' in 2023?

    I think it southern England house prices. Anecdotally individual homes round here are 6 or 7 times their 1995 value. Bricks and mortar are the same here as elsewhere, so essentially it’s in land values. Folk moving up market or starting out, on huge mortgages, are facing 25 years of...
  14. Weststander

    [Finance] What is 'rich' in 2023?

    The World Bank indices that shows Poland as having a lower poverty rate than the UK, with greater poverty in Spain and Italy. With almost zero poverty in Morocco, China, Ukraine, Belarus and Algeria.
  15. Weststander

    [Finance] What is 'rich' in 2023?

    Fiscal drag. https://www.thesalarycalculator.co.uk/salary.php £200,000 salary gives a tax home of £116,278 or 58.%.
  16. Weststander

    [Finance] What is 'rich' in 2023?

    If the household are also 25 year olds, (2). £0.5m a year for the next 40 years or more, should generate great wealth, assuming they’re not idiots.
  17. Weststander

    [Finance] What is 'rich' in 2023?

    HMRC take say 40% of £200k earnings. I went for £500k plus. £25,000 net income per month would enable almost anyttimg.

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