Thread: Go to Uni? Or learn a trade? What's the future?

Originally Posted by redhaze

Pretty sure you didn't have to own a Porsche back in those days either.

I'm pretty sure I did, I was a complete motorhead nutcase. Ferdinand Porsche was god, and he also built some cool tractors

Originally Posted by Mr Earl

And BTW driving a Ferrari is only attractive to painfully ignorant mind controlled consumer bots like yourself.

Originally Posted by Mr Earl

Ferdinand Porsche was god

You can't even fall back on Pizza Delivery Boy any more.

Would you walk outside of your home to collect a pizza from a driverless car?

Dominoes and Ford are exploring this possibility on the streets of Ann Arbor, Michigan over the next several weeks. The companies announced today they're partnering to deploy driverless cars that will deliver pizzas to randomly selected customers.

The vehicles used in the project are Ford Fusion Hybrid Autonomous Cars and will be equipped with a heated compartment accessible by the passenger side rear window. When the customer walks up to the window, they'll have to enter a numerical code into a tablet to get access to the pizza.

The cars will still have human drivers behind the wheel and will primarily be tasked with collecting a whole new stream of on-road data about the delivery process, according to Ford VP of Autonomous Vehicles and Electrification Sherif Marakby. The partners are most interested in understanding the last 50 feet of the delivery experience, when the pizza finally reaches its destination.

Ford and Domino's team up for pizza deliveries with self-driving cars

Originally Posted by OhOh

Are you suggesting a persons worth is determined by their nationality?

In a perfect, beautiful world full of rainbows & unicorn farts - no.

Originally Posted by OhOh

Shouldn't it be based on the definable/desired skill set required for the position ?

Should be, but it isnt.

And the reasoning behind it is understandable.

Pay an Oz man $100k/year for which they have to pay income tax and everything else to live in oz, or a Filipino the same for which the cost of living is pocket change and taxation is non existent.

Its the way it is. Its based on cost of living in your home country. All things are not equal.

Originally Posted by Slick

... Filipino the same for which the cost of living is pocket change and taxation is non existent.

Its the way it is. Its based on cost of living in your home country. All things are not equal.

I beg to disagree. To you, the cost of living may be pocket change, but the taxation is NOT non-existent. My salary gets taxed around 30% - so that's NOT a small amount, relative to my wage.

Everything is all relative - depends on the eye of the beholder.

Originally Posted by katie23

My salary gets taxed around 30% - so that's NOT a small amount, relative to my wage.

You dont work in the Philippines though.

^Yes she does.

Ah I though she was working in Korea or something.

Not sure where I got that from.

^Lives and works in the same province I live in.

Originally Posted by katie23

Originally Posted by Slick

... Filipino the same for which the cost of living is pocket change and taxation is non existent.

Its the way it is. Its based on cost of living in your home country. All things are not equal.

I beg to disagree. To you, the cost of living may be pocket change, but the taxation is NOT non-existent. My salary gets taxed around 30% - so that's NOT a small amount, relative to my wage.

Everything is all relative - depends on the eye of the beholder.

Cost of iving is hardly pocket change, unless you live in a province with no electricity and no jobs. Also, you get hit with 12% VAT on virtually everything. Plus land and house annual tax. Some things are cheaper here, many, like power, are not.

Originally Posted by katie23

I beg to disagree. To you, the cost of living may be pocket change, but the taxation is NOT non-existent. My salary gets taxed around 30% - so that's NOT a small amount, relative to my wage.

Everything is all relative - depends on the eye of the beholder.

Indeed.

I actually pay a higher tax rate here in Thailand than I would in NZ.

Cost of living-wise some things are cheaper some aren't. Swings and roundabouts.

Plus, I pay US Federal Income Tax on all money made in the US, i.e., my pension.

Originally Posted by Davis Knowlton

Cost of iving is hardly pocket change, unless you live in a province with no electricity and no jobs. Also, you get hit with 12% VAT on virtually everything. Plus land and house annual tax. Some things are cheaper here, many, like power, are not.

Understood, but your cost of living, as an expat, and your standard of living, will be different and likely higher than a locals. Generalizations are a bitch I know but its an undeniable fact.

Originally Posted by AntRobertson

I actually pay a higher tax rate here in Thailand than I would in NZ.

Kinda moot because that fact should have been negotiated prior to relocation to Thailand. Ive worked in locations where the tax rate is extreme but my day rate/salary/wage take-home pay is the same or higher.

A country could charge 300% in tax but your employer should pay it, or compensate you in a way that by paying it, it doesnt negatively effect your take-home wage/earnings. My employer pays all my taxable income on my behalf to whatever country im working in, if required.

Originally Posted by katie23

My salary gets taxed around 30%

Another thing to note is that by working in Phil, you're paying income tax on your earnings in country.

Offshore workers are usually exempt from this, as its foreign earned income. The flippers out here dont pay income tax.

I dont pay income tax (to a point) due to being outside the US all the time. Most countries have a similar rule.

But your situation is different due to working *in* Philippines. Working and being employed outside the Philippines is different, and taxation is different.

[quote=Slick;3620371]

Understood, but your cost of living, as an expat, and your standard of living, will be different and likely higher than a locals. Generalizations are a bitch I know but its an undeniable fact.


I live in a very nice housing development. It had about 150 homes when I moved in years ago, it has about 750 now. There are about two or three other expats living here, all the other homes are owned by Filipinos. They are just Filipinos with some money. Retired Generals, businessmen, a lot of overseas workers, doctors, etc. No matter your nationality, you live as you can afford.

Originally Posted by Davis Knowlton

No matter your nationality, you live as you can afford.

Not if you view work as a means towards financial indepedence.

^Huh?

Originally Posted by Davis Knowlton

No matter your nationality, you live as you can afford.

Sorry wasn't clear. Just meant that ya gotta live on less than you can afford if you don't wanna work forever.

I think 90% of people do live as they can afford though, right up to what they can afford in fact. Many take it a step further and bust out the credit cards to live above what they can afford. Something like 70% of Americans have less than a thousand bucks saved. Pretty pitiful, and a lot of it is based on the idea that your standard of living should go up at the maximum rate of what your income will allow, or very near to it.

Originally Posted by redhaze

I think 90% of people do live as they can afford though, right up to what they can afford in fact. Many take it a step further and bust out the credit cards to live above what they can afford. Something like 70% of Americans have less than a thousand bucks saved. Pretty pitiful, and a lot of it is based on the idea that your standard of living should go up at the maximum rate of what your income will allow, or very near to it.

Seems like a bit of projection Red.

My rent is 5,000 baht a month.

Originally Posted by redhaze

Originally Posted by Davis Knowlton

No matter your nationality, you live as you can afford.

Sorry wasn't clear. Just meant that ya gotta live on less than you can afford if you don't wanna work forever.

Thanks.

The Average UK 60-Something | Nationwide
I guess the endgame is for a viable retirement. I find these figures a little hard to believe. The average 60 year old has a meager 5000 quid in savings? I'm doing OK if that is true!

“This planet has - or rather had - a problem, which was this: most of the people living on it were unhappy for pretty much of the time. Many solutions were suggested for this problem, but most of these were largely concerned with the movement of small green pieces of paper, which was odd because on the whole it wasn't the small green pieces of paper that were unhappy.”


― Douglas Adams, The Hitchhiker's Guide to the Galaxy

Worth considering- you have to enjoy what you are doing. I have a post grad degree but teaching is never going be a high salary area. If I could go back in time with the view of making more money I would learn a manual trade for sure.

Originally Posted by Mandaloopy

The average 60 year old has a meager 5000 quid in savings? I'm doing OK if that is true!

Your parents are loaded, so it's not really that relevant, right?

I mean, unless you've been annoying enough to get cut out of their will...in which case respect, obviously.