Go Back   English Forum Switzerland > Living in Switzerland > Daily life
Reply
 
Thread Tools Display Modes
  #141  
Old 12.09.2017, 17:44
Forum Legend
 
Join Date: Mar 2009
Location: Zurich
Posts: 10,394
Groaned at 595 Times in 452 Posts
Thanked 13,935 Times in 5,415 Posts
Richdog has a reputation beyond reputeRichdog has a reputation beyond reputeRichdog has a reputation beyond reputeRichdog has a reputation beyond reputeRichdog has a reputation beyond reputeRichdog has a reputation beyond repute
Re: Is one poor if they don't earn CHF 120k?

Quote:
View Post
I really want to groan at this but I won't, not my style. If you post on the internet you should be prepared for moments when you want to tear your hair out.

I am really sorry but so do you.

Did you even read the post? I really suggest you read the post and try to understand both the letter and spirit of the post before just latching on to one bit of it and going off tangent.

Of course if you are going to move from a very high income country to a very low income country the medians are not really comparable. Hence why you would:



and quite quickly conclude it isn't for you. For example, if you were earning 60k here and saving 10% why would you move to the Democratic Republic of Congo earning the median there.

Related to highly developed versus developing country point is whether an "expat basket" is relevant or not. If you are back in DRC you will want to send your kids to international school otherwise your kids will be in a class of 100+, under a tree and that is if the teacher decides to turn up. Do you necessarily need your kids at an international school here? Probably not. Exceptions apply such as older kids needing bilingual schools, if you live a transient life etc etc.

Income is only one side of the equation, cost is absolutely another side of the equation. Whilst you are right certain things cost more here than in other places.

Of course you have to consider your lifestyle when you are taking costs into account but lifestyles are extremely subjective. If your first point to try and establish income is lifestyle, rather than a baseline and then adjusting, you may as pluck a number out of thin air.

Let's use this post we had a little while ago as an example:

"After months of research, I have succeeded in getting a job offer, in the field of digital marketing, with 5 years of work experience.

I was offered 68 000 chf yearly gross

I know it is not a huge salary for Zurich, but I was wondering if it would be enough to cover expenses if I need to rent a small flat outside Zurich manage other expenses..."

The approach I would use would have said:

Country median: 6.5k; Single person median: 5k; Median salary for digital marketing with my level of experience XZY; current situation ABC, savings after average costs RST can this financially work at a basic level? What is this basic level? Do I need to adjust the basic level? What adjustments need to made? What are essential adjustments and what are discretionary / nice to have adjustment? How much will these cost? Am I still happy to go?

Your approach: my current lifestyle I eat out and drink a beer at an average restaurant everyday that will be 3,000 per month in Zurich so I won't be moving. Or worryingly, this is the lifestyle I want: I want to drive a Ferrari, live on the Lake, eat the finest caviar and drink the finest champagne result: I need 120k per month. Sorry Mr. Employer I only have 5 years experience in digital marketing and I know this is what the median wage for the job and my experience but you need to up it from 68k pa to 120k pa because that is what goods and services in my basket cost for the lifestyle I want.

Even if I didn't paint the extreme example, I hope you realise that no two lifestyles are the same and even an individual's lifestyle is very dynamic as people's requirements are constantly changing and evolving. To a point where lifestyle and by default the cost of that lifestyle can vary year on year e.g. suddenly gone from having a high paying job to losing it, single to married with a wife who doesn't work, birth of a kid, from smoking 3 packs a day to none etc.

You are right, I am going on like a broken record and the more I continue the more it will go on cause some people either don't read (the very first post said single person and median wage and a reasonable estimate of costs for that single person yet I have got people going on about families) or bang on about things that are impossible to quantify.

You guys can carry on the discussion if you wish, I will not be part of it.
Ahh, the old: "I'll write an essay then flounce so I can have the last word." routine.

Lame.
Reply With Quote
The following 3 users would like to thank Richdog for this useful post:
  #142  
Old 12.09.2017, 17:48
Member
 
Join Date: Nov 2015
Location: Winterthur
Posts: 204
Groaned at 6 Times in 5 Posts
Thanked 146 Times in 72 Posts
Silvestre has earned the respect of manySilvestre has earned the respect of manySilvestre has earned the respect of many
Re: Is one poor if they don't earn CHF 120k?

Quote:
View Post
I bet you will
Yes, you were right. I did get baited.

Quote:
View Post
Ahh, the old: "I'll write an essay then flounce so I can have the last word." routine.

Lame.
Absolutely no desire to have the last word, I leave that to the kids at the playground.

Apart from flogging a dead horse is there much left to do? Happy to continue flogging it if that would please the crowd or engage in a meaningful discussion.
Reply With Quote
This user would like to thank Silvestre for this useful post:
  #143  
Old 12.09.2017, 18:01
Treverus's Avatar
Forum Legend
 
Join Date: Dec 2007
Location: Luxembourg
Posts: 10,398
Groaned at 249 Times in 210 Posts
Thanked 18,854 Times in 6,899 Posts
Treverus has a reputation beyond reputeTreverus has a reputation beyond reputeTreverus has a reputation beyond reputeTreverus has a reputation beyond reputeTreverus has a reputation beyond reputeTreverus has a reputation beyond repute
Re: Is one poor if they don't earn CHF 120k?

Quote:
View Post

Absolutely no desire to have the last word, I leave that to the kids at the playground.

Apart from flogging a dead horse is there much left to do? Happy to continue flogging it if that would please the crowd or engage in a meaningful discussion.
Reply With Quote
  #144  
Old 12.09.2017, 18:02
Forum Legend
 
Join Date: Mar 2009
Location: Zurich
Posts: 10,394
Groaned at 595 Times in 452 Posts
Thanked 13,935 Times in 5,415 Posts
Richdog has a reputation beyond reputeRichdog has a reputation beyond reputeRichdog has a reputation beyond reputeRichdog has a reputation beyond reputeRichdog has a reputation beyond reputeRichdog has a reputation beyond repute
Re: Is one poor if they don't earn CHF 120k?

Quote:
View Post
Yes, you were right. I did get baited.



Absolutely no desire to have the last word, I leave that to the kids at the playground.

Apart from flogging a dead horse is there much left to do? Happy to continue flogging it if that would please the crowd or engage in a meaningful discussion.
We are just ribbing you man. I suggest to put the keyboard down and step away from the computer, the forum isn't worth getting too stressed over.
Reply With Quote
This user would like to thank Richdog for this useful post:
  #145  
Old 12.09.2017, 18:15
Forum Legend
 
Join Date: Feb 2010
Location: CH
Posts: 6,375
Groaned at 221 Times in 172 Posts
Thanked 7,904 Times in 4,268 Posts
greenmount has a reputation beyond reputegreenmount has a reputation beyond reputegreenmount has a reputation beyond reputegreenmount has a reputation beyond reputegreenmount has a reputation beyond reputegreenmount has a reputation beyond repute
Re: Is one poor if they don't earn CHF 120k?

Quote:
View Post
Yes, you were right. I did get baited.



Absolutely no desire to have the last word, I leave that to the kids at the playground.

Apart from flogging a dead horse is there much left to do? Happy to continue flogging it if that would please the crowd or engage in a meaningful discussion.
I think you've made your point. If you want to continue this discussion you'll have to be ready to play in a tougher league.

Is it worth it?
Reply With Quote
  #146  
Old 12.09.2017, 19:51
Member
 
Join Date: Nov 2015
Location: Winterthur
Posts: 204
Groaned at 6 Times in 5 Posts
Thanked 146 Times in 72 Posts
Silvestre has earned the respect of manySilvestre has earned the respect of manySilvestre has earned the respect of many
Re: Is one poor if they don't earn CHF 120k?

Quote:
View Post
We are just ribbing you man. I suggest to put the keyboard down and step away from the computer, the forum isn't worth getting too stressed over.


Quote:
View Post
I think you've made your point. If you want to continue this discussion you'll have to be ready to play in a tougher league.

Is it worth it?
was it just the amateurs thus far?

I am definitely not ready for it! But I am definitely ready for the caviar and boobies someone mentioned earlier!

That's all Folks!
Reply With Quote
The following 2 users would like to thank Silvestre for this useful post:
  #147  
Old 13.09.2017, 14:52
Member
 
Join Date: Jun 2014
Location: Basel
Posts: 212
Groaned at 1 Time in 1 Post
Thanked 94 Times in 56 Posts
dbucar has earned some respectdbucar has earned some respect
Re: Is one poor if they don't earn CHF 120k?

Quote:
View Post
boobies someone mentioned earlier!
Reply With Quote
  #148  
Old 13.09.2017, 15:57
starmir's Avatar
Senior Member
 
Join Date: Jan 2010
Location: Kanton Zurich
Posts: 282
Groaned at 2 Times in 1 Post
Thanked 271 Times in 116 Posts
starmir has earned the respect of manystarmir has earned the respect of manystarmir has earned the respect of many
Re: Is one poor if they don't earn CHF 120k?

Quote:
View Post
Ahh, the old: "I'll write an essay then flounce so I can have the last word." routine.

Lame.
very poor indeed?
Reply With Quote
  #149  
Old 13.09.2017, 17:30
Member
 
Join Date: Nov 2015
Location: Winterthur
Posts: 204
Groaned at 6 Times in 5 Posts
Thanked 146 Times in 72 Posts
Silvestre has earned the respect of manySilvestre has earned the respect of manySilvestre has earned the respect of many
Re: Is one poor if they don't earn CHF 120k?

Quote:
View Post


Quote:
View Post
very poor indeed?
120k? or the flouncing? Regardless, very poor indeed
Reply With Quote
  #150  
Old 13.09.2017, 18:19
Member
 
Join Date: Feb 2016
Location: Zurich
Posts: 156
Groaned at 14 Times in 8 Posts
Thanked 112 Times in 52 Posts
Dandy is considered unworthyDandy is considered unworthyDandy is considered unworthy
Re: Is one poor if they don't earn CHF 120k?

No, with 120k/month you are not poor.
Reply With Quote
This user would like to thank Dandy for this useful post:
  #151  
Old 13.11.2017, 20:06
jbrady's Avatar
Forum Veteran
 
Join Date: Apr 2007
Location: Sunny Aargau
Posts: 903
Groaned at 11 Times in 6 Posts
Thanked 570 Times in 282 Posts
jbrady has an excellent reputationjbrady has an excellent reputationjbrady has an excellent reputationjbrady has an excellent reputation
Re: Is one poor if they don't earn CHF 120k?

Just to put things into perspective.
http://www.swissinfo.ch/eng/making-e...land-/43666358

If you are married with kids, then it is really scary.
I think I am in the poverty bracket.
Reply With Quote
The following 2 users would like to thank jbrady for this useful post:
Reply




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Is 120k CHF salary enough to live comfortably? Belgian Introductions 57 23.06.2017 17:55
do they trust strangers or they just don't care? ALS Daily life 4 26.10.2012 23:09
MPs - They don't make 'em like they used to PaddyG General off-topic 4 15.02.2012 16:35
The nouveau poor: They earn twice the national average yet struggle to make ends meet porsch1909 General off-topic 10 21.04.2011 16:17
They don't stint themselves do they? Nuns that is Zug bound General off-topic 26 16.12.2007 03:51


All times are GMT +2. The time now is 22:35.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.1.0