What do you do to afford your cars...? If it's not too rude.
Discussion
HJMS123 said:
I'm the same age as you but started working within the energy industry at 19, it used to pay very well but now it doesn't seem like a sustainable industry to be part of 
Maybe time for a change then!
Energy will only ever be sustainable according to the incumbent Government - and maybe your "pay very well" period was at the expense of the end user! As in the majority of the population, but hey well done! Bubble burst? Tough - welcome to the real world!
Such an interesting thread.
I've never had any motivation, or any goals, I spent my years in education having a laugh.
I really enjoy my job now and I do ok out of it, have a nice modest house, nice modest cars but above all that I've got a really happy family!
Do I have any motivation now? Nope. Would I like to have more money? Yes. Would I change anything to get that? Not a chance...
I'll always be happy though.
I've never had any motivation, or any goals, I spent my years in education having a laugh.
I really enjoy my job now and I do ok out of it, have a nice modest house, nice modest cars but above all that I've got a really happy family!
Do I have any motivation now? Nope. Would I like to have more money? Yes. Would I change anything to get that? Not a chance...
I'll always be happy though.
olivebrown said:
blueg33 said:
I love my job and would recommend property development especially land buying to anyone. Every day is different, its rewarding. I pay 25 year old development managers a min of £40k, an experienced land manager can expect to earn £100k pa
Slightly OT.Edited by blueg33 on Saturday 18th February 19:35
About 2 years ago I saw a similiar post from yourself recommending Land buying. At that point i had just finished a Real Estate degree and about to go down the commercial agency graduate route.
However, on the back of your post (and further) research, I went down the land route. Had offers from the large housebuilders as Land graduate, but decided to work for a meduim-sized niche residential housebuilder as a land Grad. Subsequently dealt with land/site finding, land sales, commercial investment management and just completed on a large freehold investment sale to a fund.
Not at the level you pay 25yr old develoment managers (currently £26k at 25 based in South East) but is a interesting career path. Residentail care providers are doing well though and not bad place to be working in currently.
Salary wise is suspect you are getting close the stage where with a track record of some deals behind you, you will be able to make a move and get a decent hike, but generally its the larger companies that pay best, the figure I posted above includes the bonus. It really is the track record and wider understanding of the business that counts. There are lots of land buyers who don't consider properly the whole picture of development. they typically stall in their career. Gain knowledge of the technical, construction, costing and sales sides, coupled with land buying track record and the sky is the limit.
Most MD's I know come from a land background, some companies like Crest and Berkeley really promote good land people.
Monkeylegend said:
ctdctd said:
Monkeylegend said:
Don1 said:
duckwhistle said:
I reset diamonds.
I resent diamonds as well. What makes them so much better than all the other gemstones.... 
I would assume most people that have expensive cars / fleets work for themselves, there are well paid PAYE jobs but you have to be very high up or in something niche to be making the kind of money to run supercars
Personally I've ended up looking after manufacturing IT systems in the aerospace industry, doesn't get me into the 6 figures pay bracket but does well enough for me, there's no way I'd sacrifice any more of my free time for work unless the financial rewards were massive, I think once you earn a decent wage the normal pay increments offer diminishing returns in terms of improvement to your life and when I say improvements I mean things that truly make you happy, whatever they may be
Personally I've ended up looking after manufacturing IT systems in the aerospace industry, doesn't get me into the 6 figures pay bracket but does well enough for me, there's no way I'd sacrifice any more of my free time for work unless the financial rewards were massive, I think once you earn a decent wage the normal pay increments offer diminishing returns in terms of improvement to your life and when I say improvements I mean things that truly make you happy, whatever they may be
NickCQ said:
Audemars said:
Unexpected Item In Bagging Area said:
In which industry could this happen?
Select positions in finance, law, consulting, fintech, software coding and a few others. If you are in the circle at university you will know.http://news.efinancialcareers.com/uk-en/223136/the...
Edited by Audemars on Tuesday 21st February 23:50
Some good replies here. Some BS too (which corellates with those who claim you need a £100k car to reply (lmao)).
Firstly a question...what is rich? Because there is always someone richer?
Second question, what defines "rich"? For example I have an old A3. I have a reasonable living, and more importantly I have no debt. I haven't mentioned this because it normally spurns jealousy but I work odd hours. When the majority are queuing to get to work in the mornings, I am still in bed. In fact in the winter when these people are having their mid morning coffee break I am probably still in bed.
When these people are on their lunch break, I am out enjoying empty parks with my dog.
When these people are queuing to get home at 5pm, I am either leisurely working or chilling out.
Am I rich in terms of money? No.
Am I rich in terms of lifestyle? Hell yeah. I do what I want when I want with the exception of having to ring the USA via Skype a few times a week in the evening. I don't have to mix with anyone and I live life totally on my terms and most importantly for me I have £0 debt doing it.
So I ask you again, what is rich?
Firstly a question...what is rich? Because there is always someone richer?
Second question, what defines "rich"? For example I have an old A3. I have a reasonable living, and more importantly I have no debt. I haven't mentioned this because it normally spurns jealousy but I work odd hours. When the majority are queuing to get to work in the mornings, I am still in bed. In fact in the winter when these people are having their mid morning coffee break I am probably still in bed.
When these people are on their lunch break, I am out enjoying empty parks with my dog.
When these people are queuing to get home at 5pm, I am either leisurely working or chilling out.
Am I rich in terms of money? No.
Am I rich in terms of lifestyle? Hell yeah. I do what I want when I want with the exception of having to ring the USA via Skype a few times a week in the evening. I don't have to mix with anyone and I live life totally on my terms and most importantly for me I have £0 debt doing it.
So I ask you again, what is rich?
twoblacklines said:
So I ask you again, what is rich?
It's still having a lot of money, or rather net wealth.You don't need to be rich to have a good lifestyle though, not that anyone was suggesting you do... but it does certainly help with purchasing a fleet of very expensive vehicles - which is what the thread is about.
Wheelhub said:
My GF (48) at school, was friends with a guy in her class who liked cars and computers
She met up with him a few years ago, he said he was retired
She asked how come, he told her how he set up a car enthusiasts site, and after a number of years sold it
It was called Pistonheads !
How is Mr DE aka Petrol Ted getting on these days?She met up with him a few years ago, he said he was retired
She asked how come, he told her how he set up a car enthusiasts site, and after a number of years sold it
It was called Pistonheads !
turbobloke said:
Wheelhub said:
My GF (48) at school, was friends with a guy in her class who liked cars and computers
She met up with him a few years ago, he said he was retired
She asked how come, he told her how he set up a car enthusiasts site, and after a number of years sold it
It was called Pistonheads !
How is Mr DE aka Petrol Ted getting on these days?She met up with him a few years ago, he said he was retired
She asked how come, he told her how he set up a car enthusiasts site, and after a number of years sold it
It was called Pistonheads !
I'm going to be totally un-PH and admit that I'm public sector. Even worse, I'm a teacher. 26 years old and £49k p.a though. My friends that work in the usual suspects - finance and the like - don't enjoy their job as much as me or earn as much. Then again I drive a leased Skoda, so I guess that's not desirable. I could afford to spend my disposable income on something PH-worthy. All of my friends that drive nice things earn £20-30k and are either leased or financed out their tits.
JeS10 said:
I'm going to be totally un-PH and admit that I'm public sector. Even worse, I'm a teacher. 26 years old and £49k p.a though. My friends that work in the usual suspects - finance and the like - don't enjoy their job as much as me or earn as much. Then again I drive a leased Skoda, so I guess that's not desirable. I could afford to spend my disposable income on something PH-worthy. All of my friends that drive nice things earn £20-30k and are either leased or financed out their tits.
Interesting numbers. If you don't mind me asking, is that the going rate for teachers these days or do you do something particularly specialised? Does it vary geographically (i.e. a London premium)?blueg33 said:
turbobloke said:
Wheelhub said:
My GF (48) at school, was friends with a guy in her class who liked cars and computers
She met up with him a few years ago, he said he was retired
She asked how come, he told her how he set up a car enthusiasts site, and after a number of years sold it
It was called Pistonheads !
How is Mr DE aka Petrol Ted getting on these days?She met up with him a few years ago, he said he was retired
She asked how come, he told her how he set up a car enthusiasts site, and after a number of years sold it
It was called Pistonheads !
NickCQ said:
JeS10 said:
I'm going to be totally un-PH and admit that I'm public sector. Even worse, I'm a teacher. 26 years old and £49k p.a though. My friends that work in the usual suspects - finance and the like - don't enjoy their job as much as me or earn as much. Then again I drive a leased Skoda, so I guess that's not desirable. I could afford to spend my disposable income on something PH-worthy. All of my friends that drive nice things earn £20-30k and are either leased or financed out their tits.
Interesting numbers. If you don't mind me asking, is that the going rate for teachers these days or do you do something particularly specialised? Does it vary geographically (i.e. a London premium)?There's a 'Leading Practitioner' scale running from high £30k outside London to mid-£60k in inner London.
In addition to the basic salary there are additional payments (TLRs, SEN) which can add extra k, from a few £k to over £10k.
IIRC the average teacher salary is somewhere around £38k.
School senior leaders e.g. Headteachers, Deputies and Assistant Heads are paid on the Leadership Spine which peaks at over £100k (or over £110k for inner London) for Headteachers.
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