2006-12-22 01:15:34 · 9 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
I'm not saying having millions in the bank and giving up work - purely earning. Do you think that you could live like a millionaire if you took home say £30,000 per month
2006-12-22 01:22:56 · update #1
I met a schoolfriend at a school reunion. I commented, that I had heard that someone amongst our classmates was now a millionaire. In a loud (and slightly pompous ) voice he said "Ah yes, I suppose that would be me!"
He had his own company, and he did have over 1 million pounds in the bank. (aside from being a bit pompous) he had a fairly normal lifestyle. he had a BMW and a large-ish house in a nice area of surrey but, basically he had a 'normal' lifestyle. His wife shopped at the supermarket and he came home in the evening and watched a bit of TV after a busy day at work.
so, I guess you'd have to define a 'millionaire lifestyle' to get a good answer
2006-12-22 01:33:19 · answer #1 · answered by Vinni and beer 7 · 1⤊ 0⤋
A million pounds or dollars isnt that much these days, 20-30 years ago it was. If you think that over the last decade house prices have shot up and they are still rising, Here in the Uk where i'm, especially in London 1M really wouldnt buy very much in the way of property. The answer to your question is probably about 50k a week Some Footballers in England get paid about that much and more. Its not quite a simple and straight forward question because you might have a million pounds, but you've got to live like a normal person ie pay bills, buy food pay your mortgage if it hasnt already been paid off, and run your car tax, petrol,insurance.
2006-12-22 02:52:33 · answer #2 · answered by phil 6 · 0⤊ 0⤋
I agree with most of your answers, one million pounds sterling really isn't a lot of money, lets assume you have a million, the income from that would amount to around 50k a year, say 4k per month, not a lot is it? i've cleared more than that at work.
My idea of 'living like a millionare' would be to have every thing I need and all paid for, plus an income of around 20k a week to cover all the costs of running this lot.
Not a lot to ask for is it?
But I suppose earning 30k a month (free of all taxes etc) would go a good way towards that sort of life. Any vacancies?
2006-12-22 05:46:27 · answer #3 · answered by budding author 7 · 0⤊ 0⤋
There was something in the papers the other day about this.
Simply having 1 million pounds wont do any more, if you really want to live like a millionaire, and not have to work anymore, and have nice sports cars and a yacht and that sort of thing, the article said (living in the UK) you would need a minimum of 3 million quid
2006-12-22 01:18:48 · answer #4 · answered by godlykepower 4 · 2⤊ 0⤋
i guess ud need to earn more than 30 grand a month, 30 grand aint a lot of money per month if u think about living a proper millionaire life style,
but as said before me, it depends on what u call a millionaire lifestyle
2006-12-22 02:07:32 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Hmm, like, er, a million pounds?
But really, being a millionaire now, is nothing compared to being one in the 80's or so....times have changed - a million ain't what it used to be!
2006-12-22 01:19:04 · answer #6 · answered by Anonymous · 2⤊ 0⤋
A million a year like I earn!
Hey you nicked my hubbys picture, he uses that one too!
2006-12-22 01:26:46 · answer #7 · answered by Roxley x 3 · 0⤊ 1⤋
a lot.. you best get earning cos looking like that you are never going to marry one haha
2006-12-22 01:25:35 · answer #8 · answered by missnikid 4 · 1⤊ 0⤋
30k would b ~ what u'd need after cost of living
2006-12-25 07:00:46 · answer #9 · answered by Anonymous · 0⤊ 0⤋