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markyh

How Rich Are You ? Chn 4 8Pm Tonight

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http://www.channel4.com/programmes/how-rich-are-you

Should be interesting. Simple online calculator, doesn't take any account of fixed costs other than council tax.

Our monthly household income is higher than 80% of the UK. You need over £17k+ p/m takehome to be in the 1%.

M

Load of nonsense. It measures income, not wealth. The wife and I are supposed to be in the top 13%, but we own very little beyond some fairly precarious home equity and some totally tied up pensions. In 20 years time our income stream may have made us wealthy but right now if that gets taken away we are pretty much beggared in short order.

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"..want to get on the property ladder"

aaargh

OMG a lowly renter has been given a say. Calling the Official Censor

Edited by aSecureTenant

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all a bit guardianista for my tastes. For some real wealth inequality I suggest you go and have a look at Brazil or India.

Yeah I did the calculator, surprisingly high (top 5th) but I think it's because mist mid-earners just can't imagine HEAVEN FORBID less than 30 grand.

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First half hasn't been too bad, and their machine/calculator is a good illustrator of money movement imo. What did you really expect?

The one conclusion they haven't reached yet is in their poor/rich history segment there has been some reset to sharply send the percentage in a different direction. This time the reset did happen, in 2008, however the western governments did something they have never done before - print money and that pushed the equality further in hyperdrive! The downside is it also pushed up the cost of basic living.

All discussed on here at the time.

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Only catching the last third of this, immediate impression…. why is it aimed at children?

Did I miss a gunge tank and mr blobby?

Edited by cybernoid

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It says I'm rich but 40% of that take home income goes to the landlord >_<

Which of course makes your LL a lot richer than you!

I'm richer than 77%. Great, I should be able to afford to buy a home in my local area then... oh oh... wait a minute, I can't! :unsure:

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