View Full Version : Is 50K really life changing?
Gizmo
03-08-2012, 10:05 PM
Does it depend on which part of the UK you live in?
To me life changing means you can give up work. I don't think you can do this on 50K.
aman201
03-08-2012, 10:06 PM
agree.
Tregard
03-08-2012, 10:07 PM
It's definitely substantial
Amy Jade
03-08-2012, 10:07 PM
£50,000 would not change my life personally.
smeagol
03-08-2012, 10:08 PM
isnt life chnaging at all. i blew 60k in just over a month.
though could be if you spent it more wisely than i did lol
omg is it £50,000? Ive been typing £50,000,000 all night :shocked: why did no one correct me :laugh:
thesheriff443
03-08-2012, 10:10 PM
of course not you are not considerwd well off with a million pounds these days
Jezzy
03-08-2012, 10:10 PM
I think if you are clever with it, £50,000 could indeed be life-changing.
Gizmo
03-08-2012, 10:10 PM
I think if you are clever with it, £50,000 could indeed be life-changing.
How?
cookiemonster
03-08-2012, 10:11 PM
you could get a mortgage on a house with 50k. he said he still lives with his mum.
Patrick
03-08-2012, 10:11 PM
It really isn't THAT much.
Doogle
03-08-2012, 10:11 PM
I think we're lucky that Conor and his fans/family/friends are not smart people then.
Vladimir
03-08-2012, 10:12 PM
Well, it could definitely make your life a bit easier, but it's not life changing.
Yayita
03-08-2012, 10:12 PM
50K does not change your life, it helps pays bills really. Not even enough for a decent downpayment on a house. Plus is this the amount they pocket? or do they have to pay taxes on it?
Jezzy
03-08-2012, 10:12 PM
How?
Invest? Start a business? Take some qualifications? It can give you opportunities you would not otherwise have had.
Vladimir
03-08-2012, 10:12 PM
I think we're lucky that Conor and his fans/family/friends are not smart people then.
:joker:
Patrick
03-08-2012, 10:12 PM
50K does not change your life, it helps pays bills really. Not even enough for a decent downpayment on a house. Plus is this the amount they pocket? or do they have to pay taxes on it?
Taxes.
Yayita
03-08-2012, 10:13 PM
isnt life chnaging at all. i blew 60k in just over a month.
though could be if you spent it more wisely than i did lol
I like how you roll Smeagol, next time give me a call and we'll blow some mayor loot LOL
Yayita
03-08-2012, 10:14 PM
Taxes.
In the UK, he'll lose half of it on taxes
Gizmo
03-08-2012, 10:14 PM
you could get a mortgage on a house with 50k. he said he still lives with his mum.
I wouldn't say the 50K would make that life changing. He could get out of living with his mum by other ways.
cookiemonster
03-08-2012, 10:14 PM
you must all be rich on here if you think 50k's nothing
smeagol
03-08-2012, 10:14 PM
50k could get him a lot of epilators thats for sure
Munchkins
03-08-2012, 10:15 PM
It's not LIFE changing, just nice to have it there :)
Saigon1
03-08-2012, 10:15 PM
It would be life changin to me.
JamesBond
03-08-2012, 10:16 PM
Most people in London drive cars that cost more than 50k, so no not where I live.
Yayita
03-08-2012, 10:16 PM
you must all be rich on here if you think 50k's nothing
After taxes you lose half
smeagol
03-08-2012, 10:16 PM
I like how you roll Smeagol, next time give me a call and we'll blow some mayor loot LOL
haha i,ll call you when i win the lotto. i blew 18k once before that god knows what on. id be wiser now and just spend it on booze women and drugs and waste the rest lol
King Gizzard
03-08-2012, 10:16 PM
Of course it is. You're winning it just like that. You haven't had to work for it, and it's not going on bills/other payments like a year wage would. It's enough for a deposit on a house, and it makes you alot more flexible to do the stuff you want.
Put all your Conor hate to the side for the minute and imagine if you won 50k just like that. I bet all your answers would be very different.
King Gizzard
03-08-2012, 10:17 PM
After taxes you lose half
You only lose half if you're earning something like 175k a year, so I really doubt that
cookiemonster
03-08-2012, 10:17 PM
haha i,ll call you when i win the lotto. i blew 18k once before that god knows what on. id be wiser now and just spend it on booze women and drugs and waste the rest lol
i wish i was as cool as you
armand.kay
03-08-2012, 10:18 PM
I would spend it all on food and cloths withing two weeks :joker:.
I would spend it all on food and cloths withing two weeks :joker:.
same :joker:
Yayita
03-08-2012, 10:19 PM
You only lose half if you're earning something like 175k a year, so I really doubt that
Does he have a job? they will add the prize to his earnings and calculate on that. At most he'll have 30K, who knows.
Yayita
03-08-2012, 10:20 PM
haha i,ll call you when i win the lotto. i blew 18k once before that god knows what on. id be wiser now and just spend it on booze women and drugs and waste the rest lol
LOL, hookers and drugs? Im not down for that, lets go shopping instead :P
Angus
03-08-2012, 10:20 PM
Does it depend on which part of the UK you live in?
To me life changing means you can give up work. I don't think you can do this on 50K.
Does he have any work to give up?
Scream
03-08-2012, 10:21 PM
I think if you are clever with it, £50,000 could indeed be life-changing.
Yeah but in Conor's case..
Gizmo
03-08-2012, 10:21 PM
you must all be rich on here if you think 50k's nothing
No not rich at all. Just been around long enough to know that 50K wouldn't last long and if put down on a deposit for a house (as Conor wants) it just means you're tied to your job.
King Gizzard
03-08-2012, 10:22 PM
Does he have a job? they will add the prize to his earnings and calculate on that. At most he'll have 30K, who knows.
He won't have a job that rakes in that kind of money and I doubt the prize money is taxed. It isn't in most TV shows
Shaun
03-08-2012, 10:22 PM
I'd probably use it to see the world, get a car and furnish the house nicely... so I guess it'd kinda life-changing
smeagol
03-08-2012, 10:22 PM
LOL, hookers and drugs? Im not down for that, lets go shopping instead :P
lol hookers yikes you dont need hookers if got money lol.
ok lets go shooping bread milk and t bags lol
Livia
03-08-2012, 10:23 PM
Most people in London drive cars that cost more than 50k, so no not where I live.
There are some very poor people in London. It's not all Hampstead and Knightsbridge!
£50k would allow you to train to do something you really loved doing, so yes, it could be life-changing if your life needed changing.
Deposit on a house, car, savings
cookiemonster
03-08-2012, 10:24 PM
you can't tax cash. that's why they gave it to him in cash.
Black Dagger
03-08-2012, 10:25 PM
It personally would change my life if I had 50k at one time.
I could get myself a deposit on a house, get a car etc... it'd set me up for a bit and that is all I could ask for.
thesheriff443
03-08-2012, 10:25 PM
Deposit on a house, car, savings
a dolls house a smart car and pound to open a bank account:joker:
JamesBond
03-08-2012, 10:27 PM
There are some very poor people in London. It's not all Hampstead and Knightsbridge!
£50k would allow you to train to do something you really loved doing, so yes, it could be life-changing if your life needed changing.
I guess it depends what stage you're at in life. As students most of us had jack **** after buying books and all other costs. So yeah I get what you're saying.
smudgie
03-08-2012, 10:27 PM
50 grand,and it will be tax free, would go a long way for most people, our mortgage is all but paid, but 50 grand would still be welcome, buy us a nice caravan.
:hugesmile:
Jords
03-08-2012, 10:27 PM
Its not life-changing but rather very handy.
Yayita
03-08-2012, 10:27 PM
lol hookers yikes you dont need hookers if got money lol.
ok lets go shooping bread milk and t bags lol
:joker: :joker: :joker:
I have more exquisite taste, baguettes, Soy Milk, and whole tea HaHaHa... we are so rich!
Yayita
03-08-2012, 10:28 PM
50 grand,and it will be tax free, would go a long way for most people, our mortgage is all but paid, but 50 grand would still be welcome, buy us a nice caravan.
:hugesmile:
LOL, i love seeing what people would do with the 50 grand
Omega
03-08-2012, 10:28 PM
It would make life easier.
smudgie
03-08-2012, 10:29 PM
LOL, i love seeing what people would do with the 50 grand
Yeah, guilt free treats. Lovely.
Yayita
03-08-2012, 10:29 PM
It would make life easier.
I agree, easier is the right word
It would change my life!
But if I were a young man, then I would have to invest it wisely and not go and blow the lot like I would now! lol.
Rustic bauble
03-08-2012, 10:58 PM
50k would give you a nice deposit on a house.. a decent car and a really nice holiday.
Its only life changing if you have a business mind or invest it well....
Barf_andotherthings
03-08-2012, 11:04 PM
Depends who you are. You could do a lot with it. For example start your own business if you are entrepreneurial enough.
boomoo
03-08-2012, 11:07 PM
Does it depend on which part of the UK you live in?
To me life changing means you can give up work. I don't think you can do this on 50K.
You are right. 1 million would not provide a lavish life for 50 years. Even with that amount of money would require a young person to work.
50K would be a deposit for Connor's house. Lets hope he buys in the right place in Ireland. Plenty of new houses but many are on unfinished estates.
boomoo
03-08-2012, 11:12 PM
After taxes you lose half
No. You only pay tax on interest paid. The way savings are at present you would be lucky to get more than 3% interest which would be £1500 and therefore pay about £300 in tax. but that is only if you keep the whole 50K for a year.
crocs
04-08-2012, 07:01 AM
It is life changing when you can move away from your parents.
jackc1806
04-08-2012, 07:32 AM
For Conor it will do a lot and I feel happy for him
joeysteele
04-08-2012, 07:52 AM
Conor admits to having nothing, of course it can change his life, it can open doors he couldn't dream of opening.
I hope he uses it wisely and good luck to him.
Santa's NaughtiNess
04-08-2012, 07:54 AM
Yes, it's a lot of money! Good for him! :dance:
vortex
04-08-2012, 08:02 AM
I think for him it is, since he says he doesn't have much (same reason why he wants Adam to win the other half), life changing is such a complex term cos many people will have different interpretations according to their life styles and needs, for Conor it is, for other is not, I'd say that it would make things go easier for a while and if you invest the money wisely it could create greater opportunities but usually people who go to this kind of shows don't have that mindset and end up blowing up their money on parties and other useless things.
G1dds
04-08-2012, 08:07 AM
No, 50k is not life changing in reality. In theory it's great and when you get it you think it's a lot and it's amazing. In reality, it's not very much at all. I got left just under £50k from an Aunt. By the time I paid off all my bills, the car went wrong so had to get a new car, had a holiday then bought a few nice but inexpensive things for my new baby, most had gone. This was 10 years ago when things weren't so expensive. We had to re save for our deposit on a house.
Now I would invest that money more wisely, and if conor did that then the money could make a slight difference. But if you've never had it, you think it's a lot and spend freely. Before you know it, it's gone. Conor has already said he doesn't have a job, so the likelihood is that he'll try to live the high life off the money and blow it by accident.
As someone said, not life changing just handy
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