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Scenario for a lucky worker, no debts

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  • 09-12-2009 11:24am
    #1
    Closed Accounts Posts: 1,650 ✭✭✭


    http://www.irishtimes.com/newspaper/breaking/2009/1209/breaking4.htm

    Just wondering if you were a private sector worker on 30k, lived beside your job(rent 1 room in house next door), dont drink, dont smoke, no kids, no loans, what implication would the current budget have, roughly how much money would you suggest this person would be down? Thanks


Comments

  • Closed Accounts Posts: 7,410 ✭✭✭bbam


    I doubt he'll announce a "GET A LIFE" grant but you're lucky worker needs one


  • Registered Users Posts: 3,981 ✭✭✭Diarmuid


    Doubt you'll be impacted.


  • Closed Accounts Posts: 9,376 ✭✭✭ei.sdraob


    increased heating bill (unless your on gas?)


    and i wouldnt call such a person "lucky" a better word would be "sensible" something that was sorely missing in last few years


  • Registered Users Posts: 3,032 ✭✭✭ParkRunner


    ssaye wrote: »
    http://www.irishtimes.com/newspaper/breaking/2009/1209/breaking4.htm

    Just wondering if you were a private sector worker on 30k, lived beside your job(rent 1 room in house next door), dont drink, dont smoke, no kids, no loans, what implication would the current budget have, roughly how much money would you suggest this person would be down? Thanks

    They are likely to be left untouched apart from a small increase in their heating bills I imagine. Not much pain to be suffered there. They can even go out for a few drinks from now on on the cheap


  • Closed Accounts Posts: 1,650 ✭✭✭ssaye


    Thanks for replies, I wish I was this mythical person. Haha


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  • Registered Users Posts: 580 ✭✭✭waffleman


    I would ask how much will this person be up in the big picture (providing they keep their job of course)? falling property prices, falling cost of living, falling car prices! This person will be in great shape for the next 5/10 years and fair play to them. Your "mythical" friend might want to start living a bit now they will be flush :D


  • Closed Accounts Posts: 22 Ronando


    Ease off lads, it's a fair question!
    The big thing to look out for is your tax credits. Ireland needs desparately to start taxing average workers like other countries do, i.e. 20% of their income, not just 4%. So expect tax-free allowances to fall.

    You're on 30k, so you currently pay next to nothing in income tax, in an international perspective. Expect that to rise, maybe not today (if they choke), but certainly next Budget.

    The only other thing I'd say is charges for public services may increase. So hope you stay healthy/kid-free!


  • Business & Finance Moderators, Entertainment Moderators Posts: 32,387 Mod ✭✭✭✭DeVore


    I'm basically the guy the OP is describing.... :)

    DeV.


  • Closed Accounts Posts: 16,096 ✭✭✭✭the groutch


    I'm close enough to being that guy


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