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Reply 60
Original post by Le Nombre
I was at the house of one of our senior partner the other day. He's been bossing 7 figures for years but his wife still works as a teacher.

She says she'd get bored at home, that work isn't that stressful when you know you could jack it tomorrow and be fine and that she doesn't want to totally depend on him for even basic needs, just the extra stuff.


One of my old teachers was a retired multi-millionaire banker who was a teacher because she really enjoyed teaching. Some people just need work in their lives in order to function. My Dad is the same, he gets under the weather when he has to do night shifts at work because they involve hardly any work. He'd been known to do 90 hour working weeks before company regulations capped him to 77. These people do exist. It's not all about the economic stability of the home.

On this topic though. It's easy to find find rich people. I don't go to a stereotypical rah university and yet have 3 millionaires in my circle of friends, their circles obviously lead to more millionaires.
Original post by Clip
That's what you say now. When you find out that £25k a year will basically prohibit you from all but the most marginal of family lives, I would suggest that your tune will change very quickly. I'd suggest that some time in the future, you'd be rather embarrassed that you used to think that £25k would make you happy.

It's not about reliance, it's not about someone else paying for you. It's about being a rational person. Chances are you might not like your future job very much. Chances are you might not like either the people, the role, the location or maybe the clients/customers/consumers/end users. If you can be free of that, and spend time doing something you do enjoy with no significant impact on you standard of living - then it's not rational to carry on making yourself miserable to prove a point to yourself.


Haha do not presume to know me. You do not know me at all. My family currently lives on less than 10k a year, it's horrible and we barely get by but its not poverty, my brother on the other hand has an annual income of 24k a year and he can afford to go out and buy luxuries, he even was able to buy my sister and I smart phones for Christmas and give my mum a significant amount of money and just shrug it off, he doesn't struggle in the slightest. 25k a year is plenty if you don't live in an expensive area. Don't assume to know how much I would be content with, you do not know me or what is important to me.
Reply 62
Original post by SophieSmall
Haha do not presume to know me. You do not know me at all. My family currently lives on less than 10k a year, it's horrible and we barely get by but its not poverty, my brother on the other hand has an annual income of 24k a year and he can afford to go out and buy luxuries, he even was able to buy my sister and I smart phones for Christmas and give my mum a significant amount of money and just shrug it off, he doesn't struggle in the slightest. 25k a year is plenty if you don't live in an expensive area. Don't assume to know how much I would be content with, you do not know me or what is important to me.


I don't need to know you. I only need to know that the difference between £10k and £25k isn't that much in reality. The biggest factor is how many people are on it.

Rather than talk about your family specifically, I would point out that a family existence on £10k sounds next to impossible, unless bolstered by a raft of benefits. The headline figure might be £10k, but the real figure is probably much higher, and once tax is taken into account, probably becomes quite close to £25k.
Original post by SophieSmall
Haha do not presume to know me. You do not know me at all. My family currently lives on less than 10k a year, it's horrible and we barely get by but its not poverty, my brother on the other hand has an annual income of 24k a year and he can afford to go out and buy luxuries, he even was able to buy my sister and I smart phones for Christmas and give my mum a significant amount of money and just shrug it off, he doesn't struggle in the slightest. 25k a year is plenty if you don't live in an expensive area. Don't assume to know how much I would be content with, you do not know me or what is important to me.


Tbf you must live in a dirt cheap area. I earn, or get paid it at least, nearly double your brother's wage and could afford to get my family gifts such as smart phones, but I wouldn't be able to just hand over a significant amount of money yet.
Original post by Clip
I don't need to know you. I only need to know that the difference between £10k and £25k isn't that much in reality. The biggest factor is how many people are on it.

Rather than talk about your family specifically, I would point out that a family existence on £10k sounds next to impossible, unless bolstered by a raft of benefits. The headline figure might be £10k, but the real figure is probably much higher, and once tax is taken into account, probably becomes quite close to £25k.


Of course it does depend on the amount of people living on the 25k. For a single person its more than enough and its enough for a couple (where I live anyway) for a family it would be a struggle.

No the real figure is 10k, it is mainly benefits.
Original post by Le Nombre
Tbf you must live in a dirt cheap area. I earn, or get paid it at least, nearly double your brother's wage and could afford to get my family gifts such as smart phones, but I wouldn't be able to just hand over a significant amount of money yet.


Aye it is a cheap area, near Liverpool. Love it here.
Original post by Marie_King
Does money matter in relationships? Life in the UK can be expensive and from a capitalist point would be beneficial to have a rich boyfriend?

No and no.

Unless you're drop dead gorgeous you won't get a wealthy boyfriend and if you do, it'll not be for long. Get a job otherwise you'll turn into one of the whores of St. Tropez :colonhash:
Original post by Marie_King
Does money matter in relationships? Life in the UK can be expensive and from a capitalist point would be beneficial to have a rich boyfriend?


You absolutely need to find a very rich boyfriend, preferably from the Royal Family or a banking family Clifford, Grosvenor, Rockefeller, Rothschild, Morgan, Warburg, Windsor, if you hear any of those names, listen carefully and do a background check on your smartphone straight away!

[Sarcasm off.]
Original post by SophieSmall
Aye it is a cheap area, near Liverpool. Love it here.


Ah right, by comparison 10k wouldn't cover 12 months' rent on my part of a houseshare.
Original post by Le Nombre
Ah right, by comparison 10k wouldn't cover 12 months' rent on my part of a houseshare.


London?
I just read a couple of posts and it's staggering at how the poor of TSR think they need money to do cultured things, you can go to museums, art galleries, opera and ballet as well as the theater for not a lot and in the case of the former two, free. What will cost you money is travel to other countries and still, you can do it on the cheap and get the experience that someone paying £6,000+/pp will on £500/pp.

The main reason people need money is for socialising, that costs a lot of money but if you want to experience new cultures, or do arty things or learn history etc, it'll be a pittance, socialising though will cost a bomb, there was an estimate recently that to spend your time in high society in London, Dubai and New York you need roughly £5,000/month just for expenses, that doesn't include clothing, food or rent/utilities.

It's rare that any one here on TSR can afford that, hell I struggle to splash out when required although in fairness with a business, job and uni to do, I'd rather do them than socialise :lol:
Reply 71
Original post by SophieSmall
Of course it does depend on the amount of people living on the 25k. For a single person its more than enough and its enough for a couple (where I live anyway) for a family it would be a struggle.

No the real figure is 10k, it is mainly benefits.


In that case, they're not comparable circumstances at all. You can't compare a person on £25k living independently with a person on £10k and a host of benefits and think that the person on £25k has £15k differential worth of better lifestyle.
Original post by Clip
In that case, they're not comparable circumstances at all. You can't compare a person on £25k living independently with a person on £10k and a host of benefits and think that the person on £25k has £15k differential worth of better lifestyle.


The 10k IS the benefits, it isn't 10k plus benefits.
Original post by ubi1
Average is 25k a year and thats messed up due to high paying london jobs 50k+ in in rich realm and 200k is super rich you can buy a Lambo with that.

My question to you is do you earn 200k yourself?:colondollar:


I'm going to LSE so I can get into banking by the time I start dating seriously (26) I'll be on 6 figures including bonus.

I want a man who earns double what I earn to sustain the lifestyle I want to provide for myself and my children.

It's important my children go to private school etc. All the houses I like are in the 700k-1million pound range

My ex earned 100k a year and frankly if we had kids it wouldn't be enough.
Original post by PrincessAlexis
My ex earned 100k a year and frankly if we had kids it wouldn't be enough.

£100k is more than enough to raise two children on as well as support you during your maternity leave in Central London. The likelihood of any one on TSR getting a husband that earns £200k+/pa minimum is slim, you'll need a job too otherwise you won't be able to get all that you want for your children or better yet, start a trust now. I already have a trust set up for my children, I expect I'll have 3 children by the end and I already have enough to put two children through private school as well as pay for their uni although my father has helped greatly in building it up I still contributed 40%.

I think people here need to get some realistic expectations, I also laugh at you thinking you'll be on 6 figures before you're 26, good luck with that one as you'll find it's more likely in your 30s-40s not 20s.
Original post by tehFrance
No and no.

Unless you're drop dead gorgeous you won't get a wealthy boyfriend and if you do, it'll not be for long. Get a job otherwise you'll turn into one of the whores of St. Tropez :colonhash:


Lies.

You don't need to be a supermodel to snag a rich husband.

ALL the girls in my circle of friends have found well of S.O's.

They all look normal. A girl who goes to Cambridge or LSE then goes into banking can easily marry a banker (easily) without looking like a supermodel.

I'd know. I don't look like a supermodel but every guy I've dated so far has been well off. My older sister is married to an M.D at UBS who she met at a work event. She was a banker herself.

Most men who have earned their money actually tend to marry women on the same education level as them.

My ex took me to the Goldman Christmas party last year and all the wives of the bankers looked very normal I didn't see any super models. I did however see many women who went to lse, Cambridge who were lawyers and bankers themselves.
Reply 76
shows how shallow you are.
Original post by tehFrance
£100k is more than enough to raise two children on as well as support you during your maternity leave in Central London. The likelihood of any one on TSR getting a husband that earns £200k+/pa minimum is slim, you'll need a job too otherwise you won't be able to get all that you want for your children or better yet, start a trust now. I already have a trust set up for my children, I expect I'll have 3 children by the end and I already have enough to put two children through private school as well as pay for their uni although my father has helped greatly in building it up I still contributed 40%.

I think people here need to get some realistic expectations, I also laugh at you thinking you'll be on 6 figures before you're 26, good luck with that one as you'll find it's more likely in your 30s-40s not 20s.


You have to target the right industries.

I only date guys in financial services. When I'm 26 I'll date men between 32-36.

By 32-36 men are at VP-MD level. A VP or MD in M&A,ECM,DCM easily brings home up to 300k a year.

Not to humble brag but the guy I'm dating now is 28 and he is in trading and he is on 6 figures. He is taking me to Berlin for a week from Monday (I could scan you my ticket if you want). He is 28 and has a lovely apartment in Shoreditch and has already hit the 6 figure range. By 34 250k is very realistic and that's how you marry someone who earns 250k.

We talk about what we both read in FT and the Economist this week, he likes the fact I know about the markets and get his work.

The whole 'be a supermodel' advice is bad. That only works for guys who are trust fund babies. Most of the bankers I meet today (especially post recession) no longer want a wife who is a liability to them. Most want women who are on their level.

See George Clooney. The new trophy wife is pretty yes but has also gotten her undergrad from Cambridge and her MBA from Harvard.

When I go out in London I only party at private members clubs (my friends are members) and I meet wealthy guys allllll the time.

Current guys who im dating

- Ed - 28 year old trader guy

- spence - this guy is a mining banker he is 30 im not very attracted to him so I won't date him

- Silvio this guy is super loaded he is currently doing his MBA at MIT and I met him this past weekend.

You have to go to the right places and actually know the business these men are in (and be in the business yourself) and its plain sailing).

Girls I know also join private members gyms. These gyms cost about 2000 a year. Many have met wealthy guys there.

The key is to get a top notch education yourself, that's what will elevate you from the girl who gets a few trips to Cannes and the girl who becomes the wife.

Pardon my spelling and grammar im on my iPhone :smile:
Reply 78
Original post by PrincessAlexis
You have to target the right industries.

I only date guys in financial services. When I'm 26 I'll date men between 32-36.

By 32-36 men are at VP-MD level. A VP or MD in M&A,ECM,DCM easily brings home up to 300k a year.

Not to humble brag but the guy I'm dating now is 28 and he is in trading and he is on 6 figures. He is taking me to Berlin for a week from Monday (I could scan you my ticket if you want). He is 28 and has a lovely apartment in Shoreditch and has already hit the 6 figure range. By 34 250k is very realistic and that's how you marry someone who earns 250k.

We talk about what we both read in FT and the Economist this week, he likes the fact I know about the markets and get his work.

The whole 'be a supermodel' advice is bad. That only works for guys who are trust fund babies. Most of the bankers I meet today (especially post recession) no longer want a wife who is a liability to them. Most want women who are on their level.

See George Clooney. The new trophy wife is pretty yes but has also gotten her undergrad from Cambridge and her MBA from Harvard.

When I go out in London I only party at private members clubs (my friends are members) and I meet wealthy guys allllll the time.

Current guys who im dating

- Ed - 28 year old trader guy

- spence - this guy is a mining banker he is 30 im not very attracted to him so I won't date him

- Silvio this guy is super loaded he is currently doing his MBA at MIT and I met him this past weekend.

You have to go to the right places and actually know the business these men are in (and be in the business yourself) and its plain sailing).

Girls I know also join private members gyms. These gyms cost about 2000 a year. Many have met wealthy guys there.

The key is to get a top notch education yourself, that's what will elevate you from the girl who gets a few trips to Cannes and the girl who becomes the wife.

Pardon my spelling and grammar im on my iPhone :smile:


Your dating 3 at once?
Original post by Marie_King
Does money matter in relationships? Life in the UK can be expensive and from a capitalist point would be beneficial to have a rich boyfriend?

Rich boyfriend who lacks in personality and looks, I think most girls would run away from that.

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