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AIBU?

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To be so annoyed at this woman's financial incompetence

136 replies

LovingLimePeer · 11/03/2025 10:32

https://www.dailymail.co.uk/money/mailplus/article-14476595/six-figure-salary-rich-comfortable-heres-why.html?ico=mol_mobile_home&login&signinStatus=registered&signinMethod=google&dataCaptured=true&flowVariant=social_registration_nosubscribe#

For 1 person:
£500 on food
£750 on car expenses
£650 on cost of dog ownership
'a few holidays per year'
£250 cleaner

£200 pension (not enough!)

I'm just so fed up of all these well-paid financially illiterate people writing sob stories for the telegraph/daily mail about how they can't survive on their salaries.

This woman complaining about her £100000 salary not being enough could save £2100 per month if she bought a sensible car, didn't have dogs/a cleaner and took in a lodger.

With £2100 she could pay off her 23 year mortgage in just over 5 years OR
Retire at 68 with a pension pot in today's money of ~£1460000 (i.e. retirement income of £58000 per year in today's money). Not including money already saved in a pension.

If I assume she has saved £200/month into a pension for her whole career, she would have ~£427000 at retirement, enough for £17000 a year private pension, which given her extremely high expenditure.is simply not enough.

She thinks earning £20000-£40000 more would be enough but this is an expenditure, rather than income issue.

I'm just fed up of these people complaining. I suspect they'll end up poor in retirement, having never learned to live within their means with the rest of us paying for their stupidity.

I earn a six-figure salary but it just isn't enough. And here's why...

A meagre two per cent of people in the UK earn above £100,000, according to the ONS. But here, solicitor Kate Flounders explains why her six-figure salary leaves her wanting more...

https://www.dailymail.co.uk/money/mailplus/article-14476595/six-figure-salary-rich-comfortable-heres-why.html?dataCaptured=true&flowVariant=social_registration_nosubscribe&ico=mol_mobile_home&login=&signinMethod=google&signinStatus=registered#

OP posts:
MrsSunshine2b · 11/03/2025 12:43

My human child costs less than her dog 😂

It's just publishing nonsense to wind people up.

They look for these ridiculous people and then stick them on the front page.

theleafandnotthetree · 11/03/2025 12:40

MeowCatPleaseMeowBack · 11/03/2025 12:32

High earners are leaving in droves

Citation needed.

Indeed. And honestly, off they fuck. The kind of people who make decisions solely on the basis of maximising money vs human connection, being in a place that you know, tradition, culture etc. are probably the same people who minimise their taxation burden and are not terribly community minded in the first instance. This ceaseless pandering to rich people is just nauseating.

DateComing · 11/03/2025 12:37

BassesAreBest · 11/03/2025 11:50

What is the strange obsession on here with taking in a lodger? It’s become the new “take in ironing”

I would do anything I could avoid taking a lodger. I am a sociable person but do not want a stranger in my personal space at this stage of life. I’m surprised at how many people suggest lodgers to a single parent with kids. It feels like a very risky situation potentially.

MeowCatPleaseMeowBack · 11/03/2025 12:32

High earners are leaving in droves

Citation needed.

AsdaCafeWriter · 11/03/2025 12:31

Everanewbie · 11/03/2025 10:59

A sensible car would save her quite a lot. And we all love a bit of downtime, but managing her garden and her domestic stuff too could see here save a fair wad.

Mind you, if you can get over the indignant rage, she's got a point. £100K is the new £40k in terms of the lifestyle it brings. If she threw childcare costs in the mix with all that there'd be nout left.

Plenty of people would love to earn £100k but with housing costs and childcare, £100k isn't the promised land people think it is. And if you earn more you start to lose your personal allowance, falling into the 60% tax trap, and have the childcare cliff edge. Progressive taxation and the freezing of thresholds has really clobbered the middle - high earners.

basically this, thats the thing different parts of the country yes i agree, but at the same time its like if you were eg a millionaire but all other costs and expenses were inflated then it some ways it still costs

Goldielocks2p22 · 11/03/2025 12:31

I earn slightly less, live in a 3 bed semi in the NW and also single. I have a cleaner, hair, nails etc regularly done but there needs to be some benefits to the level of work I do, qualifications, constant need to research and develop up with trends etc.

Also don’t spend nowhere near as much as she does. I think she wanted to make a point around the reality of disadvantages of being a single person household. I’d also assume that was probably her intention and it’s been turned into click bait.

However I do think she’s overspending. What the hell is she getting for £500 a month for food?

Sunnywalker · 11/03/2025 12:31

Typical British attitude at the moment - tall poppy syndrome.

She works and makes loads of sacrifices, sounds like her job involves a huge contribution to the community. She deserves to be remunerated well.

Many decide to have kids before having an established career amongst other things and these are the same people moaning on this thread.

High earners are leaving in droves, then who will prop the rest up ?

LindorDoubleChoc · 11/03/2025 12:30

OP - I notice this is your first post on Mumsnet. I'm quite interested in why you chose Mumsnet as a good place to vent about her?

LindorDoubleChoc · 11/03/2025 12:27

ConcernedOfClapham · 11/03/2025 12:20

I voted YABU - for reading this FUCKING TRASH

Well said!

Pipsquiggle · 11/03/2025 12:24

Having read the article, anyone else jealous that she has a cleaner, someone to mow the lawn and another to iron her clothes for circa £250 per month - bargain!

I mean you don't know how the story was sold to this solicitor - she could've been asked to talk about expenses now that she is single. I think it is common knowledge that it's more expensive when you live on your own. The Fail could've completely twisted it to make out she's a spendthrift - they've got form for this.

BeHere · 11/03/2025 12:22

It's clickbait, and quite likely made up. They do them because people respond like you are!

morningtoncrescent62 · 11/03/2025 12:21

"I take a few holidays each year." That makes you comfortably off.

ConcernedOfClapham · 11/03/2025 12:20

I voted YABU - for reading this FUCKING TRASH

CautiousLurker01 · 11/03/2025 12:17

MoreDangerousThanAWomanScorned · 11/03/2025 10:46

Well, firstly this is clickbait

This woman complaining about her £100000 salary not being enough could save £2100 per month if she bought a sensible car, didn't have dogs/a cleaner and took in a lodger.

I think the others are fair - how is she spending £650 a month on dogs?! - but saying that someone on £100k a year needs to take in a lodger to live comfortably seems to me to prove her point?

Trying to work out the dog thing - we have 2 spaniels, and allowing for pet plan, insurance, food/chews plus 2 group dog walks a week (so that they know both the other dogs and the walker/sitters when we go on holiday because we are totally soft), it’s £240pcm per dog. It would be half that if we stopped the walks, so £250 pcm for two very dogs.

Maybe she has a Burmese mountain dog on a raw food diet?

Badbadbunny · 11/03/2025 12:14

BIossomtoes · 11/03/2025 12:06

It isn’t actually. Spending your savings on a depreciating asset is far more foolish. There are lots of 0% lease deals so leaving your money in an interest bearing account and paying for your car out of income is much more astute. As you never own the asset someone else is taking the depreciation hit.

I think the point is swapping your car every 3 years is for mugs, whether you buy or lease. Buying and keeping for a longer period of time is a much cheaper way of having a car, especially if you look after it by driving properly/carefully, having it serviced regularly etc.

The average lifespan of a car today is 13-14 years.

And despite what people would have you believe, most "older" cars remain perfectly reliable and don't cost a fortune to repair, at least to around them being "middle aged", i.e maybe the 7/8/9 year mark.

Leases are typically 3 years because that's what makes the lease firm the most money!

allthemiddlechildrenoftheworld · 11/03/2025 12:14

@LovingLimePeer I am just agog at the food! £500 per month for one person???? bloody hell! she must be having caviar every night!

LilacPeer · 11/03/2025 12:13

Novotelchok · 11/03/2025 10:41

Next week's headline - 'mumsnet trolls made my life hell says financially illiterate high earner'

Problem is someone on £100000 with a sensible car, mortgage & food bill makes for a boring article. I am wondering how a dog can cost £650 a month though?

hahaha same, musn't let my dog see the daily mail, he'll be putting in all sorts of expense claims

MeowCatPleaseMeowBack · 11/03/2025 12:11

Well done, you're reacting exactly the way this pathetic excuse for a newspaper wanted you to react. Stop reading shit and you can save your annoyance.

Shade17 · 11/03/2025 12:09

westisbest1982 · 11/03/2025 11:41

Spending £750 a month on a car means she’s not the sharpest tool in the box.

That’s the total cost of running the car, she won’t have anything flash for that.

julia08 · 11/03/2025 12:07

Yes YABU to waste your precious time and energy worrying about this stranger's financial situation; she certainly isn't spending her time worrying about yours!

BIossomtoes · 11/03/2025 12:06

westisbest1982 · 11/03/2025 11:49

Because paying a monthly lease on a depreciating asset is for mugs.

It isn’t actually. Spending your savings on a depreciating asset is far more foolish. There are lots of 0% lease deals so leaving your money in an interest bearing account and paying for your car out of income is much more astute. As you never own the asset someone else is taking the depreciation hit.

alwaysdeleteyourcookies · 11/03/2025 12:06

Darkrestlessness · 11/03/2025 10:34

Stop reading the daily mail and the telegraph - problem solved!

Honestly this. Your blood pressure will thank you. And I'm not being snarky. I used to wind myself up reading it.

PlumpAndDeliciousFatcat · 11/03/2025 12:03

I voted YABU because although you're not wrong you've fallen for the ragebait and driven clicks towards the site, meaning that there will be plenty more articles like this in the future.

LovingLimePeer · 11/03/2025 12:02

9fthighfence · 11/03/2025 11:50

I really don’t get the whole car thing. We bought a 2nd hand Skoda Octavia 8 years ago second hand, 2 years old. £10k. It has only needed the tyres and break pads replaced. Our pre tax income is about £250k a year so we could probably afford anything but why? What’s the point? Why are people spending so much on financing ludicrous cars? Is it the female equivalent of a man with small bits buying a BMW? It’s still the same person in the car. Still the same person getting out of the car. Just a somewhat less rich person.

Agree with this. We have a household income of £190000 and I drive a 16 year old hatchback because the cost of insurance/tax/depreciation/repairs and opportunity cost compared to investing that money elsewhere works out so much better for me than buying a newer car.

OP posts:
Grammarnut · 11/03/2025 11:57

I have a dog. I doubt he costs me a huge amount to keep though he does need grooming once every 8 weeks (doesn't moult, which was a deal maker for me in buying him), is insured, and fed, of course. He has lots of toys. My car will cost me over 1k this month (tax and insurance) but I like it and I choose to pay for it - and I do not complain that I cannot live on my income. I do not have a cleaner.
Poor financial management takes no account of intelligence or income, sadly.

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