How much to change your life?

[Piemaster]

I wouldn't need enough to do whatever I want. Just enough to stop having to do what I don't want to.
For me that's not working away from my family for over 1/2 the year.

 

[ufkacbln]

How much is the going rate for a hit on the missus?

Take her down to any pub in Pompey on s Saturday night and someone will hit on her for free

 

[screenman]

Why do you need money to change your life? There are so many positive things you can do now.

 

[yello]

I'm looking in the other direction, towards the poverty line. As long theres always a bit of distance between me and it then I'm not going to complain... but if anyone wants to give me a few hundred thousand then I'd be okay with that to.

 

[Levo-Lon]

Not that much for me..i would like to be mortgage free and have a little livestock farm or breed border terriers..
couple of mil would be great 5 would see the kids sorted 10mil would be most people i care about sorted.

 

[Tin Pot]

68 Billion!!

Cheers.

I now have something to aim for.

 

[shouldbeinbed]

£80k would see me debt free, £100k would have the house sorted and nice too. I could then have the opportunity find a job doing something I want rather than something I have to to support the family.

I guess more like £1 million (decades worth of salary) to cease worrying about money & the need to work ever again and to have enough set by to afford to live nicely but not extravagantly & not be financially constrained into sat at home boredom for the 40 odd years until I die.

 

[SD1]

but trust me, we would not be idle and I don't think

Don't be to certain of that. I have found that having lots of spare times make you less efficient with it. A lot less efficient!

 

[Over The Hill]

I look at it as not what I want to spend the money on or what debt I will pay off but would see it as a sum that provides a decent buffer.

There is a point in most things where you are sometimes forced to buy the cheapo option. This is not best value as it breaks and you buy another one. Then there is the value for money option - good quality and will last so costs less overall and is better. That is what a buffer will give you.
Then the buffer can help in family education and all sorts of fulfilling ways that keep you from having to take the short term option to get by and enable you to go for the longer term option that takes a bit of time and investment .
Lastly, there is the great luxury of having some time off away from the daily grind to be able to think and dream and to then fulfil those dreams.

 

[jhawk]

My father would echo the sentiments regarding the mortgage... He's been stuck under this one for the last nine years and if he hadn't the mortgage, we'd have moved out of the small town that we currently live in - which is dying and has no positive foreseeable future - in a heartbeat. Unfortunately, that isn't the case. And he wants to do so much, but the mortgage has been fairly crippling. Alternative construction, for example - he wants to build straw bale houses and tiny homes and yurts, etc.

Personally? About 3- 5K would be dandy. I'd travel across Canada on my bike, then maybe go into 'Murica. And then who knows? Maybe I'd come back to England and annoy you all.

 

[screenman]

Don't be to certain of that. I have found that having lots of spare times make you less efficient with it. A lot less efficient!

If you want a job doing give it too a busy man.

 

[Sittingduck]

2 Mil

 

[Bazzer]

Curiously enough I had been thinking about this recently. £450k would be nice. £150k to pay a substantial chunk off daughter 1's mortgage; £150k to give daughter 2 a healthy house deposit. £150k left for Mrs B and I would pay for daughter 1's marriage, my car to be professionally restored, Mrs B and I to go diving in South Sudan and a cushion of "rainy day" money.

 

[ColinJ]

£150k is a deposit!!!

 

[cisamcgu]

On the assumption you could get, say, a 3.5% return after tax (optimistic maybe), then for each £1Million you get an income of £35,000 which is equivalent to the net pay from a £60+K job (I think)

So, a million sounds good to me