Non-motoring > How wealthy are you?	Miscellaneous
Thread Author: John H	Replies: 32

New Fri 22 Jun 12 16:45   How wealthy are you? - John H

Are you one of the UK's wealthy super-rich - or one of the millions on the verge of poverty? simple interactive tool: www.guardian.co.uk/society/datablog/interactive/2012/jun/22/how-wealthy-you-compared Last edited by: John H on Fri 22 Jun 12 at 16:46 Reply to this message | Report message

New Fri 22 Jun 12 16:59   How wealthy are you? - mikeyb

56% have a lower income than me, but I'm in the squeezed middle....... Reply to this message | Report message

New Fri 22 Jun 12 17:08   How wealthy are you? - Lygonos

Live within your means and you'll be wealthy. Live outside your means and no matter how much money you have you're gonna end up poor. See also Greece, RBS, the guy from Westlife.... Reply to this message | Report message

New Fri 22 Jun 12 17:10   How wealthy are you? - R.P.

My butler's doing this now just before cook prepares the swan for dinner. Seems I'm er..ok. Reply to this message | Report message       1

New Fri 22 Jun 12 17:12   How wealthy are you? - RattleandSmoke

True the more I earn the more I just spend. On hour household details it comes up as 46% have a lower income than our household. Put I have put the details in as if I were my parents, e.g living as a couple with two kids. One of the kids have moved out though, so I am not sure how accurate that would be, but if my sister was still here 87% of the population are worse off than us! Something doesn't seem quite right!. We are by far the poorest in our entire family, so I must have a very very rich extended family. Last edited by: RattleandSmoke on Fri 22 Jun 12 at 17:14 Reply to this message | Report message

New Fri 22 Jun 12 17:09   How wealthy are you? - Cliff Pope

It's measuring income, not wealth. Reply to this message | Report message       1

New Fri 22 Jun 12 17:25   How wealthy are you? - John H

>> It's measuring income, not wealth. >> Write to the Guardian to complain. Reply to this message | Report message

New Fri 22 Jun 12 17:13   How wealthy are you? - Manatee

3% have a lower income than me (and what I've counted is my wife's!). I am currently unemployed seeking a new challenge. I suppose I need to spend more time job searching and less arguing on here! I've had a day off today :-) Reply to this message | Report message       1

New Fri 22 Jun 12 17:34   How wealthy are you? - Robin O'Reliant

Technically I'm in poverty. But I own my own home, no mortgage, no debts, car each, eat what we want, have our hobbies and a modest amount in the bank. People who bang on about poverty ought to move out to Africa for a few months, then they'd know what it really is. Reply to this message | Report message       1

New Fri 22 Jun 12 17:43   How wealthy are you? - RattleandSmoke

Yep its all relative. My parents problem was never really income, but a legacy of debt caused patchy employment resulting in lots of debts mounting up and having to mortgage the house in the 1990's. Now they have virtually paid of the mortgage and are a lot more comfortable. Reply to this message | Report message

New Fri 22 Jun 12 17:47   How wealthy are you? - Stuu

8% apparently, but then it has zero to do with wealth though Im not suprised such an elementary distinction is beyond the Guardian. Oh the poverty, what shall we do? No account of aquired wealth taken so a totally meaningless load of drivel with an excitable title to match. Reply to this message | Report message

New Fri 22 Jun 12 17:55   How wealthy are you? - rtj70

>> 56% have a lower income than me, but I'm in the squeezed middle....... Same here.... but it doesn't take into account any expenditure does it. We've no longer got a mortgage for example and costs for rent/mortgage vary across the country. Our income wouldn't go as far in central London obviously but then we'd probably be on more anyway if we lived there. Or I'd hope anyway. Reply to this message | Report message

New Fri 22 Jun 12 18:03   How wealthy are you? - Zero

I have a squeezed middle apparently. And humph said I had eaten all the pies! Reply to this message | Report message

New Fri 22 Jun 12 18:01   How wealthy are you? - madf

As I avoid paying tax, I'm poor. Reply to this message | Report message

New Fri 22 Jun 12 18:14   How wealthy are you? - Duncan

FWIW, £22,250 appears to be the median. Reply to this message | Report message

New Fri 22 Jun 12 18:33   How wealthy are you? - rtj70

I had put in two children over 14 even though technically they are adults. One is still studying and one has just finished. So both a bit of a financial burden for a bit. I I say no children (well they are adults) then my position jumps from 56% to 85%. Reply to this message | Report message

New Fri 22 Jun 12 18:45   How wealthy are you? - ....

I'm shocked ! The Guardian reckons I'd be better off single with no children according to their simple interactive tool. With three children I jump 14% if I dump my wife. Last edited by: gmac on Fri 22 Jun 12 at 18:47 Reply to this message | Report message

New Fri 22 Jun 12 21:01   How wealthy are you? - Roger.

Only 22% worse off than us! (I say us deliberately as my wife has her own, nearly full amount, State Pension). OTH we own our own house and apart from an usurious rate, {poor credit}, credit card debt of £250, which I could pay off today, we owe nothing! Last edited by: Roger on Fri 22 Jun 12 at 21:05 Reply to this message | Report message

New Fri 22 Jun 12 21:11   How wealthy are you? - mikeyb

Blimey - If we handed the kids over to social services then we jump up to 91% It looks as if they drop you by 6% for each child which is not a fair way of doing it. Subsequent children tend to be less costly due to a degree of commonality! Reply to this message | Report message

New Fri 22 Jun 12 21:14   How wealthy are you? - Lygonos

That's why it works - each 6% drop requires less £ than the previous 6% drop. Reply to this message | Report message

New Fri 22 Jun 12 22:07   How wealthy are you? - Pat

I'm rich. We're healthy and happy. Money comes and goes, sometimes we have it sometimes we don't. It's not a problem and never will be. Whichever, we're always happy and that to us is being rich. Pat Last edited by: pda on Fri 22 Jun 12 at 22:08 Reply to this message | Report message       2

New Fri 22 Jun 12 22:33   How wealthy are you? - Londoner

Before we get sucked into this claptrap, remember it is the Guardian, and like all papers they have their own agenda. I took the test and quite frankly don't believe the results. If I am as rich as they claim that I am, how come that - despite a very modest lifestyle - I live in a terraced house, don't have loads in the bank and don't drive a better car. Reply to this message | Report message

New Fri 22 Jun 12 22:34   How wealthy are you? - Lygonos

Because your house costs a lot compared to the rest of the UK? The biggest reason for being 'rich' but cash poor is having house that's too big/expensive. Reply to this message | Report message       1

New Sat 23 Jun 12 07:36   How wealthy are you? - Duncan

>> I'm rich. >> >> We're healthy and happy. >> How are the cats? Reply to this message | Report message

New Sat 23 Jun 12 09:20   How wealthy are you? - Pat

Duncan......that was below the belt:) Livin' on the edge is what I play full blast when times get tough Dog:) Pat Reply to this message | Report message

New Sat 23 Jun 12 09:51   How wealthy are you? - Dog

The last doctor I visited in 1992 said I was "livin on the edge" I think e'e meant: www.youtube.com/watch?v=r17oYvp7fTM :} Reply to this message | Report message

New Sat 23 Jun 12 06:40   How wealthy are you? - L'escargot

We're "living on the edge of poverty". Reply to this message | Report message

New Sat 23 Jun 12 08:02   How wealthy are you? - Dog

I'm just "living on the edge". :} Reply to this message | Report message

New Sat 23 Jun 12 11:53   How wealthy are you? - Old Navy

I recently read (can't remember where, getting old), that many baby boomers are relying on the equity in their houses to fund their retirement when they downsize. Unfortunately the post boomer generation won't be able to afford the houses so this plan may have the flaw in that house prices will fall in the inflated house price areas. I have been told that the FSA are ferociously monitoring mortgage lending at the moment to ensure that they are affordable. Not surprising as in a nearby newbuild area there has been a historical first time buyer repossesion rate of 15%. As the senior boomers are only starting to retire now this will become a bigger problem over the next ten years or so. Last edited by: Old Navy on Sat 23 Jun 12 at 11:57 Reply to this message | Report message

New Sat 23 Jun 12 11:58   How wealthy are you? - Ted

>> I'm just "living on the edge". >> >> :} >> I wish I could afford to live on the edge.............Alderley Edge, that is ! Ted Reply to this message | Report message

New Sat 23 Jun 12 12:14   How wealthy are you? - Dog

>>I wish I could afford to live on the edge.............Alderley Edge, that is !<< S'not for the likes of us Teddy, you/we wouldn't feel comfort-able there (I'd take the money though!) Reply to this message | Report message

New Sat 23 Jun 12 12:38   How wealthy are you? - Focusless

I thought in your case Dog it was more like living on the edge... of civilisation :) Last edited by: Focus on Sat 23 Jun 12 at 12:39 Reply to this message | Report message

New Sat 23 Jun 12 12:56   How wealthy are you? - Dog

>>I thought in your case Dog it was more like living on the edge... of civilisation :)<< That's quite correct Herr Focus, and I'm luvin it! :) Reply to this message | Report message