separating the personal from the professional

[AllUpHere]

Not sure if your calling £4-5k a month a tiny amount of money?

The marketing of so called essential brands, must have technology, overpriced coffee has nothing to do with working your way up in a job so that you can be comfortable, and all about you really gotta have this now'! We are all victims to a degree but the one's who suffer most are those who do not, cannot and most likely never will earn a comfortable living wage.

To get 4 grand in your pocket at the end of the month you probably need to earn 65 - 70 grand a year. That's not 'rich' money. In the grand scheme of 'rich' it's a tiny amount.
A couple on just shy of 35 grand a year each would not be described as rich, they could however pocket 4 grand a month after tax. That kind of income is possible for most people. A lorry driver and a teacher could quite comfortably make that income between them. It's 'normal' money.

I don't understand the relevance of the rest of your post.

 

[AllUpHere]

Knock a zero off that and I’m quite comfortable.

Haha, that's because you send your wife out to work.

 

[fisicx]

Haha, that's because you send your wife out to work.

True. But we still don’t need anywhere near the amount you quoted. For example, our weekly shop is now under £60.

 

[AllUpHere]

True. But we still don’t need anywhere near the amount you quoted. For example, our weekly shop is now under £60.

My point is as that you can be in a position in which you don't need to worry about money, without being on a lot of money. 2 people on very average wages can be in the position of having that money coming in every month. Anyone who needs less can worry even less.

 

[JEREMY HAWKE]

Knock a zero off that and I’m quite comfortable.

I cant see you becoming a peasant

 

[Lucan Unlordly]

To get 4 grand in your pocket at the end of the month you probably need to earn 65 - 70 grand a year. That's not 'rich' money. In the grand scheme of 'rich' it's a tiny amount.
A couple on just shy of 35 grand a year each would not be described as rich, they could however pocket 4 grand a month after tax. That kind of income is possible for most people. A lorry driver and a teacher could quite comfortably make that income between them. It's 'normal' money.

I don't understand the relevance of the rest of your post.

I'm out of touch but I think you're more so!!
Shop workers, receptionists, somebody hanging off a Lathe 38 hours a week, nursery school workers, administration assistants, labourers and countless more, are not earning £35k a year and I'm in the home counties where property prices are at a premium and a lot of wages to not reflect the cost of living. To them 4 grand a month would be a hell of a lot of money.

Re the rest of my post, yes a bit obtuse but I was poorly expressing a different type of comfortable that many folk strive for beyond a roof over their heads and food on the table.

 

[AllUpHere]

I'm out of touch but I think you're more so!!
Shop workers, receptionists, somebody hanging off a Lathe 38 hours a week, nursery school workers, administration assistants, labourers and countless more, are not earning £35k a year and I'm in the home counties where property prices are at a premium and a lot of wages to not reflect the cost of living. To them 4 grand a month would be a hell of a lot of money.

Re the rest of my post, yes a bit obtuse but I was poorly expressing a different type of comfortable that many folk strive for beyond a roof over their heads and food on the table.

I'm not saying there aren't people who earn less, in fact I mentioned in my first post on the subject that some people in low paid positions would find it unrealistic. Apparently, according to the ONS, the average full time salary in the UK is around 38 grand a year. Mr and Mrs average shouldn't have to worry too much about food and shelter.

Pursuit of wealth, and avoiding poverty are very different things.

 

[AllUpHere]

Re the rest of my post, yes a bit obtuse but I was poorly expressing a different type of comfortable that many folk strive for beyond a roof over their heads and food on the table.

I re-read the last part of your post and agree entirely. The 'wanting stuff now, even if it means getting into debt' is probably one of the biggest causes of people feeling they need to worry about money.

Personanlly, I like to live completely the other way. At 44 I don't have a mortgage (actually I've never had a mortgage), I've never had a car on any type of finance, I've never had a bank loan, and I don't possess a single credit card. Every single thing I own has been bought with good old fashioned money.

I think the key to not worrying about money is getting a balance of earning good money, and not spending it on bloody stupid things.

 

[MarkOnline]

IMO the best way to not have money worries is to have more coming in than going out, not coveting too much stuff and using your own money rather than someone else's.
Its no good earning £5k a month and spending £6K or even £5k its only going to finish up 1 way.

 

[Lucan Unlordly]

Apparently, according to the ONS, the average full time salary in the UK is around 38 grand a year.

Yes, the average, because some folk are earning excessive amounts.

 

[Lucan Unlordly]

I re-read the last part of your post and agree entirely. The 'wanting stuff now, even if it means getting into debt' is probably one of the biggest causes of people feeling they need to worry about money.

In fairness to some of those who 'want', marketing geniuses - have to take some responsibility. New parents running around in an old banger read adverts saying how safe new cars are, and feel duty bound or simply anxious, are convinced that they need one now.
Things have moved on from having the soap powder that gives the whitest, the freshest smelling and softest washing, to consumer goods at a much higher price.

 

[Lucan Unlordly]

Personanlly, I like to live completely the other way. At 44 I don't have a mortgage (actually I've never had a mortgage), I've never had a car on any type of finance, I've never had a bank loan, and I don't possess a single credit card. Every single thing I own has been bought with good old fashioned money.

Does this apply to you personally, or to your businesses?

 

[Mr D]

In fairness to some of those who 'want', marketing geniuses - have to take some responsibility. New parents running around in an old banger read adverts saying how safe new cars are, and feel duty bound or simply anxious, are convinced that they need one now.
Things have moved on from having the soap powder that gives the whitest, the freshest smelling and softest washing, to consumer goods at a much higher price.

Sometimes you have to move on to a newer car simply to keep going.
Got rid of my old car at easter, 17 years old car and often unable to make 5 miles in one go. For a 4 year old car that has 4 wheels and goes vroom.
A red one, as every mekaniac knows red ones go faster.

Not marketing, simply needing something to get me to and from the bus stop!

Seriously, while marketing will impact buying choices and when to buy, its far from the only factor involved in decision making.
Even if negative impact.

Marketing is responsible for me not getting a mobile with vodafone next time, marketing by vodafone. Pushed me entirely away from the company.

 

[Mr D]

I re-read the last part of your post and agree entirely. The 'wanting stuff now, even if it means getting into debt' is probably one of the biggest causes of people feeling they need to worry about money.

Personanlly, I like to live completely the other way. At 44 I don't have a mortgage (actually I've never had a mortgage), I've never had a car on any type of finance, I've never had a bank loan, and I don't possess a single credit card. Every single thing I own has been bought with good old fashioned money.

I think the key to not worrying about money is getting a balance of earning good money, and not spending it on bloody stupid things.

Have spent lots of money on wine, women and song. Wasted the rest.
What is stupid to one person is not to another. To me buying a bottle of water is a waste, to some people its a necessity. No one is right or wrong.

Have had new cars, have had old bangers. Often paid cash for whatever car anyway, sticker price is more of a guide when you can negotiate the sale with actual cash in hand!

 

[AllUpHere]

Yes, the average, because some folk are earning excessive amounts.

I thought you might come back with that reply, so also looked up the median, which is still over 30 grand a year.

 

[Mr D]

True. But we still don’t need anywhere near the amount you quoted. For example, our weekly shop is now under £60.

People vary. Ours is around £100 - £120 for the two of us.

We aren't extravagant.