| Các trang trong chủ đề: [1 2] > | Poll: My savings generally amount to: Người gửi thông tin lên tuyến đoạn: ProZ.com Staff
|
|---|
This forum topic is for the discussion of the poll question "My savings generally amount to:".
View the poll results »
| | | |
Approximately what I make in two/three years, but I have another income (pension) and over the years I became rather frugal…
| | | |
At least a lot more than 30 years ago, which is good, although I still don't wear a Rolex.
I expect people who begin in life to have less savings than those who have a few working decades behind them.
And it's never too early to start saving.
But I wouldn't want to spend it all during the outbreak, it's meant to be converted to extra living expenses for when I'm fed up working, higher education for the children, a new car when the current one becomes an unrecoverable wr... See more At least a lot more than 30 years ago, which is good, although I still don't wear a Rolex.
I expect people who begin in life to have less savings than those who have a few working decades behind them.
And it's never too early to start saving.
But I wouldn't want to spend it all during the outbreak, it's meant to be converted to extra living expenses for when I'm fed up working, higher education for the children, a new car when the current one becomes an unrecoverable wreck, a flat or three for subsequent renting...
Philippe ▲ Collapse
| | | | Lincoln Hui 
Hồng Kông
Local time: 05:47
Thành viên
Chinese to English
+ ...
Half cash, half securities.
| | |
|
|
|
Michael Harris
Đức
Local time: 22:47
Thành viên kể từ 2006
German to English
I am married with two children (girls) and have a mortgage. As soon as I start to save anything, the state comes along and will tax it in some form or another:-(
| | | | Tom in London
Vương Quốc Anh
Local time: 21:47
Thành viên kể từ 2008
Italian to English
"My savings generally amount to:"
None of your business.
| | | | Paul Dixon
Braxin
Local time: 18:47
Portuguese to English
+ ...
Để tưởng nhớ
The market in Brazil is very bad, highly saturated (as the profession is not yet regulated, anyone who speaks a bit of English or 'has spent a few days in Disney' thinks they can translate, flooding the market, and pushing rates down), so jobs are not common in the best of times. And we have to pay massive taxes, software, hardware, dictionaries, association fees, accountant fees, etc - so it's very difficult to make a saving here.
| | | |
Unless you’re only just starting out, not having savings is just irresponsible. You never know what’s around the corner.
| | |
|
|
|
Aline Amorim
Braxin
Local time: 18:47
English to Portuguese
+ ...
| Around what I make in 1 - 3 months | Apr 16, 2020 |
Sometimes I am making more money.
| | | | Muriel Vasconcellos
Hoa Kỳ
Local time: 13:47
Thành viên kể từ 2003
Spanish to English
+ ...
| About a year and a half... | Apr 17, 2020 |
...not counting equity in my home.
| | | | | Ask your accountant if he feels you are doing enough for your country ... | Apr 22, 2020 |
... and then ask him what your country can do for you.
Like Michael, I am married with (two) children in Germany:
I get close to €5000 (€4896) tax-free from the German government each year for having two children ("Kindergeld"). The government also collects no income tax on the first €750 (€1500 for a married couple) of revenue/interest earned on saved money ("Sparerfreibetrag") and encourages my wife and me to set aside an additional 4% of our annual income for tax be... See more ... and then ask him what your country can do for you.
Like Michael, I am married with (two) children in Germany:
I get close to €5000 (€4896) tax-free from the German government each year for having two children ("Kindergeld"). The government also collects no income tax on the first €750 (€1500 for a married couple) of revenue/interest earned on saved money ("Sparerfreibetrag") and encourages my wife and me to set aside an additional 4% of our annual income for tax benefits and a €950 government subsidy ("Riesterrente" with two earners and two children) ... but maybe I should be worried that they are going to start taxing savings next week and blame them for my refusing to keep my private expenditures in line with my earnings.
I have also been perfectly happy to accept an essentially free college education, heavily subsidized childcare and now heavily subsidized semi-private schooling for my children and a subvention to help me get my business started ten years ago. And, you know, roads and police and stuff.
Yes, it would indeed be the state's fault if I now felt the need to claim Corona benefits intended for people who actually might be in desperate need, like our more illustrious cousins among the "liberal professions", such as doctors, dentists, lawyers, architects, etc., who actually have rent to pay for their offices and who usually have salaried employees (and, yes, most self-employed doctors need to be included on that list, because the Corona situation is also doing a number on their earnings), as well as people actually running conventional businesses like restaurants, bars, small shops, etc.
And more generally:
What does it mean to be an "independent" contractor and have less than three months (nearly half of respondents) or less than one month (just over a quarter of respondents) of savings to weather a bad spell?
While our own private catastrophes will rarely come in forms as spectacular as the Corona virus in 2020 or the Great Recession around 2010 or the dot.com crash around 2000, we can pretty well count on them coming in some other more mundane form at some point in time. Freelancers depending on their workflow remaining constant for every three-month period during the remaining decades of their careers are not thinking clearly (particulaly if they are blaming someone else for their choice not to save). What are the odds of that kind of streak of non-misfortune?
On the bright side: If you save 20% of your net earnings for two years, then you will be ready to weather just under five months at zero earnings after just two years. At 10%, you would hit six months after five years. A lot of us genuinely cannot do that, but a lot of us could, but haven't. ▲ Collapse
| | | | Dan Lucas
Vương Quốc Anh
Local time: 21:47
Thành viên kể từ 2014
Japanese to English
Michael Wetzel wrote:
Freelancers depending on their workflow remaining constant for every three-month period during the remaining decades of their careers are not thinking clearly (particulaly if they are blaming someone else for their choice not to save). What are the odds of that kind of streak of non-misfortune?
Even if there were no major secular events of the kind you mention, life is cyclical, from almost every aspect of the natural world, to mundane economic and social forces. The pendulum swings one way, then the other...
Dan
| | |
|
|
|
Angie Garbarino
Local time: 22:47
Thành viên kể từ 2003
French to Italian
+ ...
Tom in London wrote:
"My savings generally amount to:"
None of your business.
| | | | | Because I can't edit my post ... | Apr 27, 2020 |
... I'll make a new one.
I forgot to insert a smiley or irony marks or anything of that sort after the quotation at the beginning of my post. Now I am wondering what percentage of the people who read my post also read it in the sense in which I intended to write it. Looking at it again, I even wonder if I wrote it in the sense I intended people to read it.
And so, because this forum post will probably outlive me (for anyone who knows how to find it) and I don't want my ... See more ... I'll make a new one.
I forgot to insert a smiley or irony marks or anything of that sort after the quotation at the beginning of my post. Now I am wondering what percentage of the people who read my post also read it in the sense in which I intended to write it. Looking at it again, I even wonder if I wrote it in the sense I intended people to read it.
And so, because this forum post will probably outlive me (for anyone who knows how to find it) and I don't want my great-great grandchildren looking back in shame on what an antisocial jerk of a libertarian their great-great grandfather was, I would just like to humorlessly clarify: "Ask your accountant if he thinks you are doing enough for your country and then ask him what your country can do for you" was meant facetiously. I think that is a condemnable attitude and I think people who feel like they have paid their share (particularly those who have children) are almost certainly self-servingly deceiving themselves. I also think that a significant portion of people are so crazy this might not be immediately apparent to them, so I wanted to be clear. Just for the record. ▲ Collapse
| | | |
Michael Wetzel wrote:
... I'll make a new one.
I forgot to insert a smiley or irony marks or anything of that sort after the quotation at the beginning of my post. Now I am wondering what percentage of the people who read my post also read it in the sense in which I intended to write it. Looking at it again, I even wonder if I wrote it in the sense I intended people to read it.
And so, because this forum post will probably outlive me (for anyone who knows how to find it) and I don't want my great-great grandchildren looking back in shame on what an antisocial jerk of a libertarian their great-great grandfather was, I would just like to humorlessly clarify: "Ask your accountant if he thinks you are doing enough for your country and then ask him what your country can do for you" was meant facetiously. I think that is a condemnable attitude and I think people who feel like they have paid their share (particularly those who have children) are almost certainly self-servingly deceiving themselves. I also think that a significant portion of people are so crazy this might not be immediately apparent to them, so I wanted to be clear. Just for the record.
So what exactly are you trying to say?
| | | | | Các trang trong chủ đề: [1 2] > | To report site rules violations or get help, contact a site moderator: You can also contact site staff by submitting a support request » Poll: My savings generally amount to: | Pastey | Your smart companion app
Pastey is an innovative desktop application that bridges the gap between human expertise and artificial intelligence. With intuitive keyboard shortcuts, Pastey transforms your source text into AI-powered draft translations.
Find out more » |
| | Protemos translation business management system | Create your account in minutes, and start working! 3-month trial for agencies, and free for freelancers!
The system lets you keep client/vendor database, with contacts and rates, manage projects and assign jobs to vendors, issue invoices, track payments, store and manage project files, generate business reports on turnover profit per client/manager etc.
More info » |
|
| | | | X Sign in to your ProZ.com account... | | | | | |
Login to reply/comment 
