To be depressed about my financial situation compared to my neighbors

@greenwithenvy2 I think your kids will be alright. There are many mums and dads the world over who can't feed their children and who have to bear their children crying with distress as they are so hungry. There are many mums and dads whose children are suffering and need medicine but they can't afford it, so they have to watch their children suffering powerless to do anything.

Your kids have been born in a land of opportunity where they are safe and have every chance to make something of their lives. They have a mum who loves them and who has been able to take the opportunities available to her to provide a huge amount to them. They will be learning from this and in the fulness of time be able to the same themselves (as long as you don't rubbish and minimise what you are giving them and what they have). Teach them to feel well resourced, and they will feel well resourced.

It's cause for a lot of satisfaction and celebration, and thankfulness, as well as pride in what you have been able to do as their mother. Don't rubbish and destroy it out of envy.

It is different for our generation. You have a decent income and are saving into your ISAs. Maximise this, particularly investments. Put plenty into your pensions too and in time you will have a decent amount you can use to help your children. You will hopefully be able to take a lump sum from your pension.

The opportunities are there for us but they do look different to previous generations.

Oh god, you're one of 'those' people. I'm Gen X and we've all been shafted on our pensions. Should I be insanely jealous of all those boomers that retired at 50 and are living their best lives on amazing final salary pensions? Have a good moan that I won't be able to help my children as much as they do? Are you that stupid that you think everyone born the generation behind you is a property magnate? When you were born would probably have made no difference at all to you because you have already said you would never become a landlord. You would be in the exact same position. At £140k income there is absolutely no reason why you won't be able to help your children. You already have an investment portfolio, set up a JISA for your child now while they are young. I assume anyway that as everyone that was born the generation before you is minted that both you and your husband will have inherited wealth which you can pass on your children so all will be fine.
Stalking your neighbours on companies house is worrying behaviour

greenwithenvy2 you wouldn’t want to be a landlord because you ‘consider profiteering from a basic human right nasty’. What a load of bollocks. Do you think your neighbour is a nasty profiteer then? In all likelihood they own very nice properties that they maintain to a good standard giving good value to tenants, because otherwise a) I doubt they would be making as much money. You only continue to receive rents if your tenants are happy. Tenants soon stop paying rent if they feel that landlords are not pulling their weight. And b) they will want to protect their investment. Broaden your mind!!!

There is absolutely nothing to stop you accumulating wealth on a similar scale, especially with your earnings.
Having a portfolio of BTLs is hard work. And stressful. Take it on if you are brave enough. All it takes is having a good deposit for your first BTL. After that the finances become easier and in a couple of years you can buy a second on the back of the first. It’s a great way to create a pension. And if you live in a university town so much the better. BUT you have to be a first class landlord, ready to drop everything to respond to a tenant in need. Holidays are tricky but not impossible if you have backup trades plumber, electrician etc.
We started in our early 40’s and did it for 25 years, but both had full time jobs too. We have now sold up. It was the best thing ever for us as we were never going to be in the earnings bracket you are in. You have no need to be jealous.

Look on the bright side, in 20 years you’ll still be alive and she might not. Mind you envy isn’t great for your health.

Your household is earning a ridiculously high amount of money each year.

If you were to start today and invest 10,000 per year in a good portfolio, you would have more than a million pounds by the time you reach your neighbours' age. Which isn't far off what you say they are worth.

That should easily be doable on what you are earning.

There are very few landlords who hire the most expensive repair people, put expensive furniture in the properties, and who don't put the rent up as much as they can! 😂

You are absuloutely pathetic - food is a basic human right too - How nasty is tesco!! jokes

And what business does your household income come from?

I’m sorry you’ve had such a poor experience of landlords. When we had our first flat, our landlord was absolutely lovely. He gave me a rent reduction when I separated from my BF and couldn’t afford the full rent on my own, let us decorate and put pictures up, came and fixed or replaced anything when needed, and was generally friendly and chatty too. Didn’t put the rent up in the time we were there, and was below what he could have charged for the area. An utter diamond, giving me the chance to move out of my abusive family home and still have enough for a decent life. He was quite old at the time and I don’t expect he’s still around, but he was an entirely decent landlord.

Conversely, when we lived in social housing they did very few repairs, to a generally poor standard, because anyone coming to fix things had no personal interest in whether it was done nicely and properly, or just as cheaply as possible.

How do you think people should be able to get a home when they are young, if not from a landlord? We don’t all earn £140k and get to be smug.

factually incorrect and tbh makes you look even worse than you did before. You make money from being a landlord but charging your tenant more than your mortgage and having insurance in place for repairs.

Still insane to whinge about frankly.

Met up with a friend for lunch today, she is a nurse and has just secured a Band 6 role, she will now be on just under £40k, that's about 3.5 of the OP's income.

@Njjhjbff
If you can't see what was wrong with Thatcher, you're part of the problem.

It’s a lot. Are you still upset about your situation?

Indeed.

Op your income is well over 4 times the average putting you comfortably in the top 0.1% of the country.

I'd be embarrassed to be jealous in your shoes.

What was so wrong about Thatcher? You hate every single PM since?

Your anger is very much displaced. It's successive governments that have run this country into the ground, who deserve your frustration. I blame all those people who kept Thatcher in power and all the assholes that came after her.

Are they slum landlords or to they provide quality housing?

You have a very skewed idea of what genuine happiness and contentment actually is. Was your upbringing materialistic? The neighbours should be able to have even more money without it troubling you. So, think about what being truly ‘rich’ involves: it could be good health, your family, a job you love etc etc. Then think about what you envy. It’s what you think they can do with the money. Why does that bother you?

Oh crying over your £140k pittance, I wish I had your problems. Are your diamond shoes too tight?

You are very comfortable. No one 'lucks out' by virtue of their year of birth. What a dumb thing to say - I am sure plenty of people with the same year of birth live in utter and abject poverty. In fact I am not just sure, I know, because I work with them. You might not be in an ivory tower, but you're not far off. Breathless ignorance. Maybe think about volunteering with the less privileged because you seem to be clueless...

I actually think you are disgusting. £140k salary and you are complaining? That is an obscene amount of money for anyone to earn. I think you are just showing off!