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To not feel rich even though husband earns £250k a year

(760 Posts)
whoovian Mon 07-Jan-13 09:34:03

I don't feel rich - I scarcely feel comfortable on this level of income.

Why is that - I grew up in a very poor family (not enough food at times type of poor) so I know what poverty feels like.

We are not extravagent spenders - we have one 1 week european holiday a year, no savings however we do have 4 children in private school(!) and live in London.

I feel unreasonable when I consider how little income others survive on but what do you think?

fedupofnamechanging Mon 07-Jan-13 09:35:30

we do have 4 children in private school(!) and live in London.

Therein lies your answer

IDrankAllTheGravy Mon 07-Jan-13 09:35:57

What's the point of your post? confused

Moominsarehippos Mon 07-Jan-13 09:36:26

And?

MarshaBrady Mon 07-Jan-13 09:36:26

That private school is expensive for four children.

belindarose Mon 07-Jan-13 09:36:35

Ha ha ha

rubyslippers Mon 07-Jan-13 09:36:59

there's your answer - your school fees are probably £100K

anyway, don your flame proof suit as you'll need it

fedupofnamechanging Mon 07-Jan-13 09:37:36

Just to add that this thread is going to piss off people who really don't have any money, and rightly so.

If you feel skint, then perhaps you ought to look at your life choices and perhaps make some changes. Or just accept that you are spending your money on something that you consider to be worthwhile and just live with it. At least you can afford the choice.

happyhorse Mon 07-Jan-13 09:38:08

Message deleted by Mumsnet for breaking our Talk Guidelines. Replies may also be deleted.

Cortana Mon 07-Jan-13 09:38:21

YANBU, but I think the best thing for anyone is to be grateful for what you have. Not feeling rich isn't a bad thing, you are all fed and clothed, have access to education and hopefully all feel happy and loved. Just because the number at the bottom of a payslip is higher than average doesn't mean you have to feel a certain way. That way sadness lies.

Be grateful you and your DH can ensure your children never know the poverty you did as a child. Be happy and if you're in a position not to worry about money too much make the most of it.

Nancy66 Mon 07-Jan-13 09:38:29

You are well off - even if you subtract school fees that's still a hell of a lot of money. Unless you have saddled yourself with some ludicrous £6k a month mortgage

trixymalixy Mon 07-Jan-13 09:39:34

This is not going to go well, particularly on the day that people are losing child benefit.

mercibucket Mon 07-Jan-13 09:39:39

assuming you're not trolling, i have 2 theories and it is an interesting question

1 iwould say it is psychological, in the way people who have been starved in childhood can hoard food in later life.

2 there's also the fact that you will only be mixing with people of a similar income and so are divorced from the reality of 99 percent of the population

hence 'letthem eat bread'

(which i know wasnot actually said but is too great a phrase to miss)

Moominsarehippos Mon 07-Jan-13 09:39:58

You will get at least a 10% discount per additional child. Or can plead poverty to,the school for a larged discount if you can't afford to privately educate the four kids you chose to have.

On £11.5k a month after tax, you ought to be able to just about scrape by. Especially if you live under a bridge.

drjohnsonscat Mon 07-Jan-13 09:40:11

You are very wealthy but you choose to spend all your income on sending four children to private school. I'm guessing that would account for around £150k of your pre tax income?

georgie22 Mon 07-Jan-13 09:40:13

The answer is is your post OP. 4 children in private school living in London.
Think lots of people will be thinking YABU. I'd don your hard hat if I were you!

wigglesrock Germany Mon 07-Jan-13 09:40:17

And?

Take your children out of school if you can't afford it - maybe 4 children was a bit of a stretch. This is what posters who can't afford to live on a lot less are told on Mumsnet sometimes.

pepperrabbit Mon 07-Jan-13 09:40:32

People mostly spend either what they earn, or slightly more IME.
It's the minority who save properly.
So you earn a lot and you spend a lot.
However - you have a lot more choices than the vast majority to curb your spending.

I kind of understand your point. People do live to their means, or very often beyond them. And private school is expensive. And coming from a relatively poor background and now living quite comfortably but nowhere near as comfortably as you I do understand what you mean about not feeling rich despite having much more than in the past.

What, though, is the fucking point of your thread love?

TheWalkingDead Mon 07-Jan-13 09:40:50

As karma says, it's the four children in private education that's the big expenditure for you. And living in London must be expensive.

I suppose we all cut our coats according to our cloth. We live on around £25000 a year, with two children under 5 so we wouldn't ever be able to consider private education for example.

ledkr Spain Mon 07-Jan-13 09:40:56

Are you taking the piss op?

Odd, myself, DP and DS live on under £20 000 a year, but I don't actually feel poor. It would be interesting to compare. Any way, YABU.

MadamFolly Mon 07-Jan-13 09:41:17

You send 4 private and live in London.

What are your school fees like and what is your mortgage like? Both those things could very quickly eat up your income but private schooling and a big house in London are luxuries as well as an investment for the future.When your children have grown and you have paid for your house you will be very well off indeed. Do you work? Do you want to?

HollySheet Mon 07-Jan-13 09:41:23

Pull your kids out of private. Sell your house and move into a nice little 4 bed and then you'll be rich, RICH beyond your wildest dreams...

smile

Haroldbishop Mon 07-Jan-13 09:42:34

Clearly because you have 4 kids in private school. Take the kids out of private school then you will feel rich. You are very well off but have chosen to privately educate your kids so it's unreasonable to complain about not feeling rich. You have made the choice.

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