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How to determine if you've saved enough to be a PAW.

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Comments

  • And will also be affected by inflation in future years.

    Someone who is earning £100,000 p/a now is better off than someone who is earning £100,000 p/a in 50 years time, but the equation does not allow for that.

    Would inflation need to be taken into account though? Because its more an on the spot check of your finances as they stand in the present. Its just the variables that chance for each person.
  • Lokolo
    Lokolo Posts: 20,861 Forumite
    Part of the Furniture 10,000 Posts
    It also does not work if you are young such as me.

    They expected me to have a huge networth even though I had only just finished education.

    The concept is good, the equation is poor.

    All of you complaining, just read the book!
  • Would inflation need to be taken into account though? Because its more an on the spot check of your finances as they stand in the present. Its just the variables that chance for each person.
    I meant that the equation wouldn't work if someone used it as a spot check 50 years in the future.

    Then again I suppose salary would go up too.
  • bendix
    bendix Posts: 5,499 Forumite
    Why so rude?

    .


    People are rude, as you say, because this is the 5th or 6th post of prattling nonsense that this poster has foisted on us. They come directly from a website she is trying to promote in the US, which has next to nothing to do with British circumstances.

    And then - when you point out the nonsense of them - she never responds.

    It is spam, not debate.
  • zzzLazyDaisy
    zzzLazyDaisy Posts: 12,497 Forumite
    Part of the Furniture Combo Breaker
    bendix wrote: »
    People are rude, as you say, because this is the 5th or 6th post of prattling nonsense that this poster has foisted on us. .

    Is that all? It seems like SOOOOOOOooooooooooooooooo much more!!!
    I'm a retired employment solicitor. Hopefully some of my comments might be useful, but they are only my opinion and not intended as legal advice.
  • Those who do - majorly pat yourselves on the back!

    Yes, it would need to be yourself because tightwads with your vulgar obsession with money wouldn't have many friends to do it for them.

    Money you may have, class you certainly don't.
  • Frugal_Millionairess
    Frugal_Millionairess Posts: 54 Forumite
    edited 25 September 2009 at 9:30PM
    bendix wrote: »
    No problem at all Paul. But if you, in turn, have a problem with what I'm posting, please feel free to not read them.

    I really don't mind.

    My dear Bendix, I quote you back with an honest smile and from your other thread. Here I thought from an earlier comment you'd somehow managed to hide my posts?

    As we're still at least communicating there may be hope for Isreal and Palestine?? I am sending congrats on the extra payments from the Thai consulting company. And just a guess, I'm probably not on the top of your list to buy a beer and celebrate your extra 20,000 pounds?:confused:

    Truly wishing you a good day! Considering our families fought on the same side through two world wars and we both read the Economist (though you apparently do not need to do so to assure a roof over your head;)), we've got more in common than you may think.:beer:
    Eileen
    "Happiness is a journey, not a destination." Souza;)
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