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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:
MrsJoanDanvers · 11/03/2025 11:07

It’s obviously a wind up article like all those Dm ‘Femail’ type ones. Like the Samantha Brick one from years ago, the interfering MIL-all decided to trigger people! Feel sorry for her that she’s reduced to selling herself for click bait.

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.

DaniMontyRae · 11/03/2025 10:58

Someone earning £100k salary should have a high standard of living and should not need to take in a lodger. The lady in the article does spend excessively on some things e.g. food, but it shouldn't be a race to the bottom. When I was a kid 20 years ago, a £80k salary would buy you a 6 bed house in my parent's village and still have holidays/cars etc. Now with £100k salary it's a 4 bed house provided someone has died and left you a £200k inheritance.

LadyKenya · 11/03/2025 10:54

Darkrestlessness · 11/03/2025 10:34

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

This. I somehow manage not to, and my life is none the worst for it!

noctilucentcloud · 11/03/2025 10:51

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?

It's two dogs. But they do add up especially if you're needing dog walkers or kennels or they have medical issues. I currently have my first dog and I'm amazed at how much he costs.

noctilucentcloud · 11/03/2025 10:48

The article is mainly about the fact it is more expensive living as a single person than with another adult - which is true. However, someone who is on £100,000 is very privileged with their income. This lady does have a lot of places she could cut down (eg food, the accomodation she chose, car, holidays) which a lot of people don't have. I think her main thing is that she was used to a two income household before her divorce and needs to recut her cloth now.

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?

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?

nonmerci99 · 11/03/2025 10:36

It’s just ragebait.

Ejiean · 11/03/2025 10:35

People can have really disordered relationships with money for varied reasons. Be glad you don't and stop seeking out aggravation.

Darkrestlessness · 11/03/2025 10:34

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

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