Quote:
Originally Posted by Steve A
Having your own "successful" business allows you to make money others (normal employees) can only dream of. However there are always penalties ie time and family life (sorry squeeze). So its not alwats a bed of roses.
But on the other side you get multiple houses, nice(r) cars the option of sending the kids to private school , (massive divorce settlements- again sorry squeeze) and various other choices that wealth brings.
in the grand scheme of things 110k per year is NOT a lot of money.
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Depends who earns it as well.
If you have a family with one person working and the other looking after the kids then a £90K income is around £57K after tax
If both work and earn £45K each then the income is around £62K after tax.
I don't think that's fair.
BTW - that difference in income would finance a BMW 330i