Dave Haggas Posted January 8, 2008 Author Share Posted January 8, 2008 If you want to know how to make serious amounts of money really easily, just send me £30 and I'll tell you the secret!! The cheque is in the post. (another favorite customer lie,sorry line)! Quote Link to comment Share on other sites More sharing options...
VIL Posted January 8, 2008 Share Posted January 8, 2008 A good friend of mine used to be a mechanic twisting spanners in his dads garage on £12k per year. He left that and went into IT and worked his way through some rubbish telesales jobs eventually getting into Channel Account management, worked at this, and worked at various companies collecting contacts along the way. Its who you know not what you know! His personality is brilliant and can talk as happily with the caretaker as he can with a high level boardroom director and this is a skill that cant be learned! To cut a long story short he is now CEO of a company that is currently valued at between £50-100m and has a significant shareholding. A long way from working in a rural garage 8 yrs ago! Quote Link to comment Share on other sites More sharing options...
Thorin Posted January 8, 2008 Share Posted January 8, 2008 Sounds a stupid question but how do people become wealthy?? Nepotism. Quote Link to comment Share on other sites More sharing options...
RedM Posted January 8, 2008 Share Posted January 8, 2008 Buy low, sell high? Quote Link to comment Share on other sites More sharing options...
Sheefa Posted January 8, 2008 Share Posted January 8, 2008 Hands on jobs as Chris said are always good. There's aways stiff competition in the trades like plumbing, electric work, building, etc but with the right attitude to service and hard work you can make a killing. Tree Surgery is definitely a money maker and it's enjoyable too. Contracting is a great way forward. Only 6-month contracts at a time at around £400 - £600 typical earnings a day and you don't have to worry about upsetting a few people to get the job done as you'll be gone soon! May I suggest you have a look at this.... Best Paid jobs in Britain. http://www.careerbuilder.co.uk/UK/JobSeeker/CareerAdvice/ViewArticle.aspx?articleid=27&cbRecursionCnt=1&cbsid=43388e061221425481c6ca6e4782016e-253083284-KH-5&ns_siteid=ns_uk_g_best_100_paid_jobs Quote Link to comment Share on other sites More sharing options...
JonW Posted January 8, 2008 Share Posted January 8, 2008 On average property prices double every 7-8 years. This has been true since the end of WW2 despite crashes etc. If you can afford to get a couple of properties and rent them out then you will make money, sometimes very large amounts for very little effort. Quote Link to comment Share on other sites More sharing options...
ManwithSupra Posted January 8, 2008 Share Posted January 8, 2008 Further to the posts on inheritance tax You only get taxed if you get more than £300,000 passed on. After £300,000 you get taxed 40% on what is over £300k Quote Link to comment Share on other sites More sharing options...
colsoop Posted January 8, 2008 Share Posted January 8, 2008 Define being Rich In my mind material wealth money cars etc is worthless. A good family and a nice circle of friends plus a comfortable life and happiness are far more valuable than a few k in the bank. However much money you have there is always something just out of your budget. You can't take it with you when you go Quote Link to comment Share on other sites More sharing options...
Dave Haggas Posted January 8, 2008 Author Share Posted January 8, 2008 Define being Rich In my mind material wealth money cars etc is worthless. A good family and a nice circle of friends plus a comfortable life and happiness are far more valuable than a few k in the bank. However much money you have there is always something just out of your budget. You can't take it with you when you go Quite true and I fully agree with you Colin. My first post was really to find out how you can make money legally and hang on to it. I think we all work hard/smart, as that is the only way to get on and pay our bills.Just a little lost as to the more you earn the more you seem to loose! Quote Link to comment Share on other sites More sharing options...
colsoop Posted January 8, 2008 Share Posted January 8, 2008 Quite true and I fully agree with you Colin. My first post was really to find out how you can make money legally and hang on to it. I think we all work hard/smart, as that is the only way to get on and pay our bills.Just a little lost as to the more you earn the more you seem to loose! Thats the problem with this country . The 40% bracket kicks in at far too low a level. The middle earners always seem to be hammered hardest. Ironically those at the top of the earning list pay very little tax on their earnings, they can afford to leave the country. Quote Link to comment Share on other sites More sharing options...
caseys Posted January 8, 2008 Share Posted January 8, 2008 Don't spend your money on useless crap... Oh and become an IT consultant (In hardware or bespoke software) - I've seen people in London earning £300-500 ... per hour! It's sick. One of them was showing me photos of their Aston Martin 'collection'. 2 years and I'm contracting in london baby... Quote Link to comment Share on other sites More sharing options...
Kranz Posted January 8, 2008 Share Posted January 8, 2008 May I suggest you have a look at this.... Best Paid jobs in Britain. http://www.careerbuilder.co.uk/UK/JobSeeker/CareerAdvice/ViewArticle.aspx?articleid=27&cbRecursionCnt=1&cbsid=43388e061221425481c6ca6e4782016e-253083284-KH-5&ns_siteid=ns_uk_g_best_100_paid_jobs I'd like to take exception to this: 9. Police Officers (Inspector and above) Pay: £51,487 Its not worth the money & there is no such thing as overtime at this level.... its all for free! Quote Link to comment Share on other sites More sharing options...
JamieP Posted January 8, 2008 Share Posted January 8, 2008 If I had 30k, I deffo buy a chippy/burger joint. Mounts of cash, don't have to declare all of it Old saying "eat all the profits" springs to mind:d;) wanna be partners Bad move. Quote Link to comment Share on other sites More sharing options...
tomgeer Posted January 8, 2008 Share Posted January 8, 2008 Wise words my dear! I am finding what ever it is ,wherever you go,everything is just costly. I could go on but it will make me feel worse.Just feeling as though there is no point to actually going out to work anymore.I wonder what it is like to just sign on and live off the state? Plenty do it with no intention of ever working, and live a decent lifestyle aswell, this country is fooked up Quote Link to comment Share on other sites More sharing options...
tbourner Posted January 8, 2008 Share Posted January 8, 2008 Is it better to have lots of money but no assets? Or the other way round? My debt pretty much equals my assets at the moment, bloke at work has over £100k in the bank but owns nothing (he's 20 years older than me though). I could do contract work, but I'm too chicken to leave my comfortable job. Probably because I'm too close to the line at the moment. Quote Link to comment Share on other sites More sharing options...
Jurgen-Jm-Imports Posted January 8, 2008 Share Posted January 8, 2008 Old saying "eat all the profits" springs to mind:d;) Bad move. lol Quote Link to comment Share on other sites More sharing options...
erol_h Posted January 8, 2008 Share Posted January 8, 2008 Define being Rich In my mind material wealth money cars etc is worthless. A good family and a nice circle of friends plus a comfortable life and happiness are far more valuable than a few k in the bank. However much money you have there is always something just out of your budget. You can't take it with you when you go "Money is the root to all evil" I agree aslong as your Happy thats all the matters. A friend of mine earns about 5k a week and doesnt know what to spend it on. Quote Link to comment Share on other sites More sharing options...
Gaz Walker Posted January 8, 2008 Share Posted January 8, 2008 Old saying "eat all the profits" springs to mind:d;) Bad move. Lmao I didn't say I'd work there, just own the place Temptation would be too high, plus you'd stink of chip fat all day Gaz. Quote Link to comment Share on other sites More sharing options...
matt k Posted January 8, 2008 Share Posted January 8, 2008 Sounds a stupid question but how do people become wealthy?? It seems to me the more you earn,the more gets taken away or am I missing the point somewhere along the line? Any advise would be appreciated... Win the Lottery. Quote Link to comment Share on other sites More sharing options...
Flip Posted January 8, 2008 Share Posted January 8, 2008 I could do contract work, but I'm too chicken to leave my comfortable job. Probably because I'm too close to the line at the moment. I hear you, I'm in the same boat. I am a director earning ok money at the mo, but seeing so much of it slip through my fingers really hurts. I want to go into IT contracting, something like technical architecture, but I'll have to cross train first, MSCE is an obvious route, which requires money, etc, etc - vicious circle! Taking that jump is the hard part though, but a friend of mine, and my other half did the same, and they floated... Quote Link to comment Share on other sites More sharing options...
Dave Haggas Posted January 8, 2008 Author Share Posted January 8, 2008 I hear you, I'm in the same boat. I am a director earning ok money at the mo, but seeing so much of it slip through my fingers really hurts. I want to go into IT contracting, something like technical architecture, but I'll have to cross train first, MSCE is an obvious route, which requires money, etc, etc - vicious circle! Taking that jump is the hard part though, but a friend of mine, and my other half did the same, and they floated... Just do it flip,you wont look back.As long as you are determined,you will win.I wish I had done it years ago to be honest. Quote Link to comment Share on other sites More sharing options...
Supra-Brett Posted January 8, 2008 Share Posted January 8, 2008 You get rich by taking risks and working hard. Quote Link to comment Share on other sites More sharing options...
Flip Posted January 8, 2008 Share Posted January 8, 2008 Just do it flip,you wont look back.As long as you are determined,you will win.I wish I had done it years ago to be honest. I'm seriously tempted, hit a kind of plateau where I am now, and its so stressful, got signed off for stress before Christmas... I care too much, I can't just go to work and take the money! This worries me with contracting, I'm not sure I have the right work ethic! I need to work on my f*** it attitude. OK, I think I'm going to start the online course whilst I am still being paid... first steps and all that... Quote Link to comment Share on other sites More sharing options...
tbourner Posted January 8, 2008 Share Posted January 8, 2008 Difference with me is I'm near the bottom with a long way to go up, so even less incentive to leave my cushy safe haven. 25 days hols, 6 months paid sick, xmas bonus, pension, Bupa, and only 3 miles from my house!! Quote Link to comment Share on other sites More sharing options...
Flip Posted January 8, 2008 Share Posted January 8, 2008 Not a bad package! I get no bonus, no health care, some sick leave (dunno how much) and my holiday went up to a stonking 21 days this year! So is the stress worth it for me I ask myself? Tricky. Quote Link to comment Share on other sites More sharing options...
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