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Legal, pensions and money

Who do you consider rich?

(84 Posts)
annsixty Fri 27-May-22 10:29:39

Rishi S has suggested that the rich give up their £400 give away.
What is rich?
£100,000 a year, £50,000 a year or much much more?
To whom do you give it anyway.
Charity, a family you know, your own family maybe.

crazyH Sat 28-May-22 00:12:47

Whiff flowers

Oopsadaisy1 Sat 28-May-22 07:02:22

We certainly aren’t rich, but will pass the money over to our daughters who are really struggling.

To me Rich is not having to worry about money at all.

As we have family who struggle and we help them, we will never be Rich (money wise anyway). But Rich in family.

BlueBelle Sat 28-May-22 07:37:01

I m not knocking you being rich GSM but at least have the good grace to admit to it and not say you don’t consider £500.000 a year to be rich…… It is

It’s the young or middle aged who are in decent jobs and work extremely hard but are just over the limit for getting ANY help that are the most badly hit There’s is never anything to help them

lemsip Sat 28-May-22 08:17:41

I understood that the £400 will go to the energy companies and deducted from our bills...........so we will not be able to hand the money back because we won't have it!........ copied and pasted below from news.
.........................................
In other words, from October, everyone's energy bill will be reduced by £400.
The discount will be made automatically by your energy supplier. There is no need to apply.

Germanshepherdsmum Sat 28-May-22 08:33:51

I don’t consider myself rich BlueBelle. I’m comfortably off. Rich in the eyes of many I’m sure but it’s not how I perceive myself. I was at one time very poor so I know, and will never forget, how it feels.

Cabbie21 Sat 28-May-22 08:56:52

We have enough and to spare in retirement, but not what I consider rich, except in comparison with those who live in poverty. I grew up in a poor family and had very little money when my children were small, so I certainly know what it is like to struggle to make ends meet. I still have an attitude of looking after the pennies. In a sense I am miserly, yet altruistic as I give regularly to charities and do voluntary work.

I think that those who are rich do not need to think about money, spend lavishly on luxuries, possess multiple properties, maybe yachts….
On the other hand, I am rich in the love and support of my family and friends, my surroundings, opportunities, and in God’s love.

Dickens Sat 28-May-22 09:19:35

It's all relative, but...

Or is rich having so much wealth you couldn't possibly spend it all in your lifetime?

... that is definitely rich.

Most of us will be in the position where we are richer than some, but poorer than others.

I don't have a problem with rich people - as long as they have the integrity to pay their taxes and contribute to the society that enables them to maintain their lifestyle.

But I do take issue with large corporations, big businesses, that will not pay their workers a living wage resulting in the State having to top up their pay. They tell us that if they increase wages, we will all have to pay higher costs. No, take it out of your dividends, your profits, your bonuses and be satisfied with a little bit less... you'll still be rich. And they raise their prices anyway, regardless...

Doodledog Sat 28-May-22 09:21:35

lemsip

I understood that the £400 will go to the energy companies and deducted from our bills...........so we will not be able to hand the money back because we won't have it!........ copied and pasted below from news.
.........................................
In other words, from October, everyone's energy bill will be reduced by £400.
The discount will be made automatically by your energy supplier. There is no need to apply.

That’s how I understand it too. We are not being ‘given money’. It is the tax that the energy companies are being charged on excessive profits (or ‘levy’ if you prefer). Nobody is taking food from hungry children by accepting it, and no-one needs to feel guilty or feel that they have to donate it, any more than any other ‘spare money’ they might have lying around. It’s lovely if people do help the worse off and quietly share their wealth around a bit, but I don’t think that this is a special case.

Doodledog Sat 28-May-22 09:22:43

Cross posted, but yes, Dickens. My feelings exactly.

volver Sat 28-May-22 09:23:14

Blossoming

My rich list.

The Queen
Rishi Sunak
Jacob Rees Mogg
Michael Gove
Nadia Zaharia
Priti Patel

It was Michael Gove that interested me, so I looked him up. About £3million, apparently.

But I find it a bit difficult to worry about that when the richest man with interests in Scotland is Anders Holch Povlsen. He's worth £6.5 billion - 13 times as much as the Queen - and owns 21 estates across the country.

James Dyson, that man of the people vacuum inventor, could finance the Chancellor's latest scheme and still have half his fortune left.

Working out where "rich" starts and "not rich" ends will drive us all bonkers. I don't get activated about whether the "rich" will get the £400, or even if they get it for each of their homes. I'm more worried about moving to a progressive tax scheme.

Callistemon21 Sat 28-May-22 09:42:55

Thanks Doodledog

Dickens Sat 28-May-22 10:35:34

... good post volver.

Until people decide that a more equitable society will be better for the country as a whole, economically, socially and politically, then we're stuck with individuals like Anders Holch Povlsen, and that lady in the news who has £12.36 in her bank account to last her until June.

People are up in arms about the huge energy cost hikes (hence the current government action) because it's hitting them where it hurts, but we're still remarkably, passively, indifferent to the huge wealth enjoyed by some, and the stark poverty experienced by others. But hardly surprising I guess when the RW media (owned by those with huge wealth) continually encourage us to blame each other for the state of the economy.

If only those benefit scroungers would get a job and those 'illegal' immigrants be housed in a shoe-box (or better still, sent packing) instead of being put up in 4 (or is it 5) star hotels and being allowed to jump the housing queue landing them 5-bedroomed houses in a desirable area; and of course, if poor people on a tight budget learned how to cook from scratch on 30p... there'd be plenty of funding available for state spending -right? wink.

And of course the huge wealth enjoyed by the above-mentioned was all achieved by "hard work" and we could all be millionaires if we just worked that little bit harder. grin

We'll not see a more egalitarian society any time soon...

volver Sat 28-May-22 11:03:15

Thanks Dickens.

Time for this again.

Happygirl79 Sat 28-May-22 12:10:49

To be rich you need to be truly happy with your life and content with what you have. It's not about money at all for me. I have an extremely small income but I feel rich with wonderful family and friends around me

volver Sat 28-May-22 12:58:50

Apologies in first. Sorry everyone.

But I'm not one of the "but I'm rich in friends" people. I have got lots of friends and a large extended family, but I'm not rich. Not compared to Elon Musk. Gracious acceptance of my humble lot, and gratitude for it, has never been my modus operandi.

kircubbin2000 Sat 28-May-22 17:47:40

Asking for a friend. He has gone into a home. Will he be entitled to any of these benefits as they are paying for the home themselves? She had already lost the £100 shopping card we were given in N Ireland as she said he didn't go shopping!

kircubbin2000 Sat 28-May-22 17:48:15

Wrong thread probably.

Germanshepherdsmum Sat 28-May-22 18:15:37

I don't know kircubbin but it seems unlikely will receive anything as all the food and power would be provided by the home and included in the fees paid. I haven't heard about the £100 shopping card, maybe there is some way of reinstating that? Don't know who 'she' is. If his wife or partner presumably she will receive these benefits but I really don't know.

Joseanne Sat 28-May-22 18:28:32

^To whom do you give it anyway?
Charity, a family you know, your own family maybe.^
I think the OP asks a valid question here because there is no point giving it away to be spent on the "wrong" things. As far as my second home is concerned I'm considering offering a free week's out of season holiday (with the £400, which amounts to 50% of the rental charge) to any family with a poorly child.
I'm not rich, but I can afford to be generous and to give away the money.

Grany Sat 28-May-22 18:52:29

We pay Prince Charles more than £22m a year. That's more than six times the combined salaries of all democratically elected heads of state in Europe. Same with queen.

Queen had a transparency law changed to hide her embarrassing wealth.

The Sovereign Grant currently is £85 million can only go up not down.

RF transport fleet of jets helicopters train all cost a lot of public money day in day out and very polluting.

Allsorts Sat 28-May-22 18:56:35

Rich not worrying about buying what you want when you want,

kjmpde Sat 28-May-22 19:06:37

everything is relative. i consider myself rich when i don't need a hand out to pay my bills. but then i don't buy cups of coffee , expensive clothes etc .

Doodledog Sat 28-May-22 20:37:28

In a country as rich as the UK, we shouldn't feel grateful if we can pay our bills after a lifetime of working. It should be a given that we can do that, and have something left over for treats.

grannyrebel7 Sat 28-May-22 22:27:53

The rich are people such as Johnson and his ilk. Those that went to schools such as Eton or Harrow. These people are so detached from the rest of us and have no idea how ordinary people live.

Germanshepherdsmum Sat 28-May-22 22:32:16

I think Johnson got a scholarship to Eton. I don’t think he’s particularly well off.