Please or to access all these features

AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

To be in this job and feel poor?

563 replies

fedippp · 20/03/2024 14:22

I trained for seven years, reasonably large student loan etc, to end up age 35 on 58k, and barely anything left at the end of the month!!! Mortgage is 1300 for a 2 bed semi, (up from 800 last year). Student loans are still hundreds a month. I have a car on finance as I couldn’t save house deposit and car deposit, need car for work. I eat beans on toast 3 nights a week. I feel like an idiot. I missed out on so much in my twenties to get into a decent job that I thought paid well and it seems to have been a waste of time! Does anyone else feel this way? I feel so disheartened.

OP posts:
Thread gallery
8
InterestedinEfteling · 20/03/2024 14:41

How much is your car finance?

InterestedinEfteling · 20/03/2024 14:41

And OP don't worry mortgage rates will start coming down - they already have in fact. Inflation is down so at some point this year the base rate will go down hopefully. Are you on a fixed rate or variable?

Resilience · 20/03/2024 14:40

According to the ONS your salary puts you in the top 9% of earners.

I'm guessing you live in the SE though where money goes nowhere near as far, and yes student loans can be crippling at exactly the point you want to try to buy a house.

idontlikealdi · 20/03/2024 14:40

You're going to get sarky responses here op. I understand where you are coming from. We as a couple are different circs but similar situation.

Chatonette · 20/03/2024 14:39

OP you don’t mention this in your post…are you in a single-income household?

InterestedinEfteling · 20/03/2024 14:38

Oh and do a proper budget.

Floopani · 20/03/2024 14:38

Isn't your take home about £3300 even with student loans? Minus your mortgage that's still quite a lot left. Are you single? DC?

InterestedinEfteling · 20/03/2024 14:37

Buy a cheap runaround car - get rid of the finance

Get a lodger.

squirrelnutkin10 · 20/03/2024 14:35

The easiest thing is to get a lodger, roughly 7k of extra tax free income....
Take 2k for yourself maybe a holiday? and put 5k into your pension or overpay your mortgage. Or get rid of car loan fast...

RamblingAroundTheInternet · 20/03/2024 14:33

Can you get a lodger if you live alone in a 2 bed to share some of the costs?

BlueEyesBrownHair · 20/03/2024 14:30

Im on less than you and in rented. Fancy swapping?

fedippp · 20/03/2024 14:26

@Peekaboobo struggling to make ends meet and will definitely have to sell my home if interest rate goes any higher. It feels horrendously stressful!

OP posts:
Peekaboobo · 20/03/2024 14:23

YABU your life sounds great! Whats the problem exactly?

Swipe left for the next trending thread