But generally, if you work hard & make choices with the goal of financial security in mind, you can create a comfortable life. Choices like working hard at school, getting the best paid job you can, forfeiting getting nails done/ clubbing/ holidays in your 20s, living at home or in a flat share. There are exceptions of course, but imagine this:
Even without a high paying job, if you live at home ages 18-23 & save £1k per month (minimum wage is about £1,700 take home so this allows some for housekeeping & spending), you’d have £60k. Buy with a partner who has made similar choices- £120k deposit on your first flat at 23 years old. Keep building earning power & equity through your 20s before you have kids in your 30s & you’ll be set up and stable for life. The kind of life where you & your kids might find in a few decades, that you have £100k you want to shield from the taxman.
Before people come at me, I know not everyone can live at home etc, but a lot of people can. Maybe if you’re in a flat shade, you extend this timeline a bit. A lot of people earn more than this minimum wage example etc too. These things aren’t “the rich closing ranks” or conspiring against you. They’re literally just common sense choices.
My point is that self discipline with hard work & curtailing spending are good characteristics and should be ENCOURAGED, not punished with punitive taxes.