How much money it takes to be happy in South Africa

[BusinessTech]

How much money it takes to be happy in South Africa

In a record-high inflationary economy, one's happiness can be affected when we see prices going up, while our money's purchasing power continues to decrease - in other words your money today will not go as far tomorrow.

 

[Fingerlessliz]

Is the salary they're talking about before or after tax I wonder, for a combined household or per person?

 

[chuckles_the_cnt]

just enough to permanently leave, that's how much you need to be happy in sa

 

[Speedster]

just enough to permanently leave, that's how much you need to be happy in sa

Good to see you living up to your name

 

[Grubscrew]

As a % of the total populace. How many South Africans earn above R1m a year and how money of those are public sector employees?

 

[SAguy]

As a % of the total populace. How many South Africans earn above R1m a year and how money of those are public sector employees?

There was an article earlier in the year with some stats. I think 1% of the labour force earn over 1 million. Which would be about 250 000 people is my guess.

 

[Harmonic]

There was an article earlier in the year with some stats. I think 1% of the labour force earn over 1 million. Which would be about 250 000 people is my guess.

Sad thing is, you can blow through a bar a year very easily without even being luxurious.

 

[s0lar]

Crazy stuff. I am way over that amount, still watch our bills and spend. Still need to save for items. Still need to renovate the kitchen. .etc .etc. Meh.

 

[SAguy]

Sad thing is, you can blow through a bar a year very easily without even being overly luxurious.

Yup, a bar is nothing these days. If you're a single person you can't even buy the standard "Toyota corolla and 3 bedroom suburb home" with that.

 

[Pak Fa Fui]

Sad thing is, you can blow through a bar a year very easily without even being luxurious.

How you do that
R83k a month

 

[Harmonic]

How you do that
R83k a month

Very easily. Bond 52k, groceries 15k, car 10k, medical 6k, petrol 5k etc

Living the upper middle class dream

 

[RunningFromFat]

How you do that
R83k a month

Ja I don't know how that is possible either. 30 Family member household?

 

[Harmonic]

Ja I don't know how that is possible either. 30 Family member household?

Nope, my wife and I are childless (by choice)

 

[ImagineFZS]

Very easily. Bond 52k, groceries 15k, car 10k, medical 6k, petrol 5k etc

Living the upper middle class dream

Huh, 52k a month on a bond?

 

[Harmonic]

Huh, 52k a month on a bond?

Let me put it into perspective for you. This will cost you R52k a month

 

[3WA]

How you do that
R83k a month

R20k gone in tax
R3k in medical aid
If you save for retirement, that's another R10k

Now you're down to R50k before you've even paid for house or car.

 

[Pak Fa Fui]

Very easily. Bond 52k, groceries 15k, car 10k, medical 6k, petrol 5k etc

Living the upper middle class dream

So luxurious then
15k groceries for two, how you do that

 

[ImagineFZS]

Let me put it into perspective for you. This will cost you R52k a month

Damn

 

[Harmonic]

So luxurious then
15k groceries for two, how you do that

I'm not fat, I promise On a serious note, food is expensive, especially good quality food. We both like meat, cut all the afhal from you diet and you'll be surprised. Have you seen the price of meat/nuts etc?

 

[Quicks]

Most satisfied
(R1,638,365)

Well-being
(R1,293,153)

Poorer
(R689,681)

Well that explains why I and many people are sooo miserable!!!