3 ms·
Well it depends. For example, even €100 to €200 matters for me quite a bit when I am trying to exchange €5000 even though it is “only” 2% to 4% of the whole a
by codetrotter 3y ago
Well it depends.
For example, even €100 to €200 matters for me quite a bit when I am trying to exchange €5000 even though it is “only” 2% to 4% of the whole amount. It actually upsets me quite a bit.
But I would not be motivated to do something for €100 or €200. Exactly because I regularly lose amounts like that to fees and fluctuations in exchange rates. Although of course it depends on what “something” is. I mean I would not want to put a lot of effort in for €200. But if someone handed me a couple hundred euros in exchange for something simple or silly then of course I would be happy and grateful!
And then let’s say on the other hand someone was gonna pay me a whole month wage for some work. Well firstly, I lose about 50% of any additional income to taxes and similar fees to my country. Next, the question is what kind of time frame are we talking about for the work?
I do not own a house. I really want to own a house. I don’t want to take a bank loan to buy a house. I want to buy and own a house, in which I can live with my girlfriend and where we can raise kids.
A house of comfortable size and location will cost somewhere around €250k to €500k. So I need about €500k to €1MM because of taxes. That would be an actual life changing amount of money.
But of course, if someone came and offered me €50k like in your example, well that’s still money I can put towards saving for a house.
And that also brings me to something else. Is this a one time thing, or something that will be possible to do multiple times. If someone paid me €50k for a month of work, and I could work for them for several months well that’s bringing me ever closer to my goal of buying a house.