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Define 'minted'.
Mr Easyjet said recently that 10million sets you up very nicely for a comfortable life of 1st class, best hotels etc and that you only really need any more for the crazy yachts/islands etc.
I am worth around 300k if I liquidise all assets, that ain't minted...
£10m would be nice. I tend not to look at my financial situation in terms of net worth - I prefer cash flow. To be more specific, how much money do I make from investments without having to do too much work. Examples are property rental yields, shares/dividends, premium bonds, bank interest etc etc.
I've always thought £5k a month would be a nice residual income, but I'm no where near that and to be honest it probably isn't enough anyway!
I would define minted as owning your own 200k+ house with no mortgage, own a decent 30k+ car (no loan), no major debts and a good lump sum in the bank and or some investments, also still able to pull in 70k+ a year via contracting.
I would define minted as owning your own 200k+ house with no mortgage, own a decent 30k+ car (no loan), no major debts and a good lump sum in the bank and or some investments, also still able to pull in 70k+ a year via contracting.
I'm not sure I'd brag about only owning a 200k house... sounds a bit permie to me
One of my houses (which cost £68k 15 years ago -and long ago paid off the mortgage) is now (ridiculously)worth over £200k, but it's a dumpsville place and only benefits from a proximity to London. I would never ever consider going back there to live.
Also 70k @ year is no big deal for a contractor but I suppose it's all relative
I'm not sure I'd brag about only owning a 200k house... sounds a bit permie to me
One of my houses (which cost £68k 15 years ago -and long ago paid off the mortgage) is now (ridiculously)worth over £200k, but it's a dumpsville place and only benefits from a proximity to London. I would never ever consider going back there to live.
Also 70k @ year is no big deal for a contractor but I suppose it's all relative
Im embarassed by what I earn. My Great great great great great Grandad had to work a lifetime to earn what I get in a day.
Talking of old people. DimPrawn that Noah popped in the office the other day looking for you. He wants that shekkel back he leant yeh.
I earn in a day what it takes my GF to earn in just over a week!!! I know she is underpaid for what she does (Airport and refuling inspections) sometimes life is not fair...
SA says;
Well you looked so stylish I thought you batted for the other camp - thats like the ultimate compliment!
I couldn't imagine you ever having a hair out of place!
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