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Aha, ok fair enough. I assumed it was UK

£20 a year? With kids in school around 200 days a year, that's 10p per day. That's simply not possible unless also subsidised from somewhere else?

definitely and none of that considers that actual balance of the household, 1 salary at that level for household or more salaries? nor does it consider the personal circumstances. i'.e bad investments, large debts for multiple reasons, in my own life I had a previous divorce where the ex takes...

Its more, the tax bands have been lowered, its now 45% above 125k, and for every £2 you earn over 100k, you'd lose £1 of tax free allowance, so if someone hits 125k they've lost the full 12500 tax free and are on 45% (+ NAT ins on top), overall taxation is way in excess of 50%, and so many...

I'd think a decent definiton is someone who doesnt ever worry about finances, doesnt have to check bank account and can pay for all bills and buy pretty much anything they want (within sensible reason). If you budget, have little disposable income, live month to month, big debts or have to...