Your Best Rate And Year

[DimPrawn]

I love the contrast between this thread (the then) and the State of the Market thread (the now).

Then - Oh back then, I was earning £2000/hr and travelled to the office in a chauffeur driven Bentley...
Now - I've been offered £150/day for a 60 hour working week, gonna have to take it, otherwise I will be licking mould off the walls for food...

[lecyclist]

Not the highest, but best rate was £625 per day, 2011-2013 working in Denmark for a consultancy. Exchange rates were good, I lived in a serviced apartment with 2 other cool guys, expensed everything to the consultancy except flights home, and worked compressed hours (5 days hours compressed into 3).

When I finished, I used the money a year later to buy a 5 bedroom family home with 0.5 hectares of land in cash in the EU.

If you are selling your fingers and toes for money (to paraphrase Derrick Jensen @ "Endgame" series), ensure the payment terms are satisfactory: those years will never be replaced.

[Old Greg]

I love the contrast between this thread (the then) and the State of the Market thread (the now).

Then - Oh back then, I was earning £2000/hr and travelled to the office in a chauffeur driven Bentley...
Now - I've been offered £150/day for a 60 hour working week, gonna have to take it, otherwise I will be licking mould off the walls for food...

That's OK for a 40 day week.

[LondonPM1]

Not the highest, but best rate was £625 per day, 2011-2013 working in Denmark for a consultancy. Exchange rates were good, I lived in a serviced apartment with 2 other cool guys, expensed everything to the consultancy except flights home, and worked compressed hours (5 days hours compressed into 3).

When I finished, I used the money a year later to buy a 5 bedroom family home with 0.5 hectares of land in cash in the EU.

If you are selling your fingers and toes for money (to paraphrase Derrick Jensen @ "Endgame" series), ensure the payment terms are satisfactory: those years will never be replaced.

Must have been Nordea

625 for two years means you must have saved 250K pplus if you were careful right?

[WTFH]

625 for two years means you must have saved 250K pplus if you were careful right?

Please stop making claims about how much people may have saved etc based on your erroneous calculations about days, etc.

[LondonPM1]

Please stop making claims about how much people may have saved etc based on your erroneous calculations about days, etc.

Maybe you can help explain that - The OP said they worked for 2 years which means 230 days a year at 625 a day

If those assumptions are right then thats means 290 K before tax.

What am i missing

[Old Greg]

Maybe you can help explain that - The OP said they worked for 2 years which means 230 days a year at 625 a day

If those assumptions are right then thats means 290 K before tax.

What am i missing

That's a pretty big question to be landing at this time on a sunny day.

[WTFH]

Maybe you can help explain that - The OP said they worked for 2 years which means 230 days a year at 625 a day

If those assumptions are right then thats means 290 K before tax.

What am i missing

1 year <> 230 days. Your assumption.

But even then: 230*625*2 = 287,500, then you said they should have saved over 250k.
Let's examine the figures:
That would mean in 2 years taking out less than £37,500 before deductions. That's £18,750 per annum before deductions. Take Tax & NI (both sides) off that, and what are you left with?
Is it enough to live, pay for food, fuel, council tax, mortgage/rent, etc?

[Old Greg]

1 year <> 230 days. Your assumption.

But even then: 230*625*2 = 287,500, then you said they should have saved over 250k.
Let's examine the figures:
That would mean in 2 years taking out less than £37,500 before deductions. That's £18,750 per annum before deductions. Take Tax & NI (both sides) off that, and what are you left with?
Is it enough to live, pay for food, fuel, council tax, mortgage/rent, etc?

You need to take tax off 143,750 p.a., not £18,750 p.a.

Or just accept that LondonPM1 is another low-grade cretin.

[WTFH]

You need to take tax off 143,750 p.a., not £18,750 p.a.

Or just accept that LondonPM1 is another low-grade cretin.

True,
I was just pointing out that "saving over £250k" wouldn't be an affordable way to live.