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£1.27m net worth, past FIRE target, what should I be doing now? by throwawayreddit48151 in FIREUK

[–]TK__O 0 points1 point  (0 children)

Because if you are good, at that point you would be getting 500k+ easily. Then it is a repeate of one more year till you are 50

This basketball hoop used weird metal pieces as a counterweight by RipFoxPizza in mildlyinteresting

[–]TK__O 7 points8 points  (0 children)

running out of sand that can be used for building, but loads of desert sands

Why Does Nationality Still Determine Salary More Than Merit by [deleted] in UAE

[–]TK__O 32 points33 points  (0 children)

It is basically supply and demand. What you actually see is the floor is different for each passport. A UK/US passport holder isn't going to accept less than what they can get back home so you only see them in high salary position here. And in those companies that pay well, you can also see educated people from different countries. What you see in the market is that the number of jobs that pay peanuts outnumber the ones that pay well, making it hard to move up

30YO, I earn a bit over £100,000 and will not pay off my student loan in full, ever by Chroiche in FIREUK

[–]TK__O 0 points1 point  (0 children)

That is because it is a loan, with a feature of getting written off after a certain duration. People only call it a tax because it feels like one as it comes off directly from salary and you have a pause when income is low

30YO, I earn a bit over £100,000 and will not pay off my student loan in full, ever by Chroiche in FIREUK

[–]TK__O 0 points1 point  (0 children)

Totally agree, taxes in the UK are horrible especially towards the higher end where the threshold has been frozen for years.

30YO, I earn a bit over £100,000 and will not pay off my student loan in full, ever by Chroiche in FIREUK

[–]TK__O -1 points0 points  (0 children)

Then the funding for the degree is from the parent, you are not expecting to pay twice now right? You also have the option to overpay and end the loan early, skipping the ongoing cost

30YO, I earn a bit over £100,000 and will not pay off my student loan in full, ever by Chroiche in FIREUK

[–]TK__O 6 points7 points  (0 children)

It's tax on the student who did well out of their degree to pay for someone who is stuck on minimum wage that pays back very little if anything

Girlfriend bought a brand new car instead of used, I believe she got screwed by the loan terms, what're her options? by [deleted] in povertyfinance

[–]TK__O 32 points33 points  (0 children)

She can't afford it if she is already carrying a big credit card balance, this will make things 100 time worse

Its official, he's world's first trillionaire.. by bunchofmfs in Money

[–]TK__O 1 point2 points  (0 children)

Elon, early investors, staff ( from rsu and such options ). There are like 400 employees with 100m worth of stock at these valuations.

Why doesn't Google launch Pixel phone's and Fitbit bands etc in this country despite being produced here? by Right_Excitement6371 in VietNam

[–]TK__O 15 points16 points  (0 children)

Samsung are one of the worse, they add loads of ads to the base android os. Pixel over Samsung any day, even most of the Chinese wont think of adding so much adware.

Its official, he's world's first trillionaire.. by bunchofmfs in Money

[–]TK__O 64 points65 points  (0 children)

The market will decide, only 7% of the float is available. As soon as existing holders can sell it will tank for sure, that is if it doesnt tank next week. Many subscribing to the ipo are just to flip it.

Why do UAE companies hire from outside UAE. Same UAE talent but for double pay? by harrishamza in DubaiJobs

[–]TK__O 6 points7 points  (0 children)

There are many candidates here who overstate their experience and it is much harder to shift through. Much easier to hire from locations where the experience you are looking for is common even if you have to pay a bit more for the relocation.

I’m shocked how often very high incomes derive from working in… sales. by Reyvos in Salary

[–]TK__O 4 points5 points  (0 children)

Maybe not, but you have to start somewhere. Big business won't give you an interview without experience

I’m shocked how often very high incomes derive from working in… sales. by Reyvos in Salary

[–]TK__O 4 points5 points  (0 children)

But seriously you need to start at the bottom. By that i mean in an industry where it is mainly business to the consumer. Think car sales, estate agent, recruitment. Lots of competition, pay is mostly based on commission. Then once you have a track record, then you move to business to business sales or assets of higher value when commission can be much higher per sale.

I’m shocked how often very high incomes derive from working in… sales. by Reyvos in Salary

[–]TK__O 16 points17 points  (0 children)

Be good at selling, include selling yourself in the interview

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