tag:blogger.com,1999:blog-22517597.post4875997932313783844..comments2024-03-03T11:13:39.377+11:00Comments on Moomin Valley: Rich or Poor?mOOmhttp://www.blogger.com/profile/03440274434662150925noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-22517597.post-25812763607034250312012-11-04T21:29:56.703+11:002012-11-04T21:29:56.703+11:00At the moment it is different kind of fish in the ...At the moment it is different kind of fish in the UK - medical is almost free. Yes quality is deteriorating and it will not last long, but still.<br />The unpaid student - Obviously first example when semi-retired parents earn £50 K a year - it is their choice -enjoy themselves, not to support kid and have more time for themselves.<br /><br />The second example £118 k a year - only rent + council tax is almost £2 K a month. Obviusoly is they would move somewhere simpler for a few years, they could easily save additional $6 k a year towards downpayment. The quicker they do it - the better. At least will be paying towards their mortgage, not rental.<br /><br />The other thing that in the UK you do not need to convert salaries into dollars - the prices are exactly like in the US but in £. If you look at their family budgets more than 50% are rentals, council tax and bills (energy prices are outrages in europe) and this is after 30-50% income taxes.<br /><br />It is a safe environment but people do count every penny. Financial Independencehttp://www.niterainbow.comnoreply@blogger.com