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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

To be depressed about my financial situation compared to my neighbors

332 replies

greenwithenvy2 · 29/07/2025 16:43

My neighbor is about 59 years old and her husband is 63. She works for the local council as a HR coordinator and her husband, who is now retired, was a finance clerk for the local council.

They have a property portfolio worth around £2.4m (£1m mortgages) so approx £1.4m in property assets. They started their business in the early 90s, when they purchased their first property. They moved home, renting out their original house and repeated this again. With the increase in house prices they were able to remortgage their BTL and buy more property.

We are in our late 30s and are in a very privileged position - we earn a decent wage between us (£140k) and are able investment into our ISA each month but we will never able to have £1.4m in property investment.

I felt so bitter listening to her. They were able to provide gifts for their children to buy their houses and they have now set up companies so their children will inherit their wealth.

I get we are fortunate, but we'll never be able to do this for our children. They achieved this on fairly middling wages as well. I know there are a few other neighbors on our street who've managed this feat and now their kids are sitting pretty.

I felt disgusted at her and at myself for feeling this way.

OP posts:
nam3c4ang3 · 29/07/2025 17:14

FFS - what about people who earn 18k pa - here you are earning 140k and youre moaning about not 'lucking out?!' READ THE ROOM.

Kindnesscostsnothingtryit · 29/07/2025 17:11

There will always be someone financially richer, try not to use that as a marker for success. I'm fortunately wealthy but it isn't that which makes me proud, it's my thriving children, supportive loving husband, and being a nice, kind and giving person to others around me and those other people recognising those qualities about me. It sounds like you're doing well financially anyway, just try not to compare to others, it isn't a good way to live.

Searchingforananswer2023 · 29/07/2025 17:11

A very immature response OP. they are from a different generation, so financial positions will differ. No one today should expect to finance their offspring in this way unless this inherited type of wealth spans many generations. This is a sign of the times and for each future generation things will only get worse. The 90s were the last decade for such prosperity.

PootlePerkinandPosie · 29/07/2025 17:11

It is all relative as pp says. If I'm not careful, I can find myself jealous of people who've had a secure upbringing, a lifetime of physical and mental health, never been made redundant or had any caring responsibilities, before I even think about money! 😅

Some people do have it very easy and manage to waltz through life. Luck plays a huge part, but people like your neighbours have also done well with their life choices. They could have spent it all on sex, drugs and rock and roll! Grin I don't begrudge anyone good fortune. Whether society has messed up big time and denied future generations of similar chances is another matter though - I am more angry at this and governments, than jealous of my neighbours.

greenwithenvy2 · 29/07/2025 17:10

ConcernedOfClapham · 29/07/2025 16:56

Stop listening to her? 🤷‍♂️

we’re on very friendly terms with our neighbours but wouldn’t have a clue as to their financial position (nor they ours)

its all online at companieshouse.

OP posts:
Boomer55 · 29/07/2025 17:10

You are very fortunate compared to many. Count your blessings. 🙄

Cheeseplantandcrackers · 29/07/2025 17:10

Lots of people couldn’t dream of earning what you do.
How would you feel if they were disgusted by you and felt that you ‘lucked out’?

greenwithenvy2 · 29/07/2025 17:09

Mischance · 29/07/2025 17:02

You've got an income of £140k pa.

My income is £21k

Give your head a wobble.

I accept I am in a very privileged postion

OP posts:
ThePhantomoftheEcobubbleOpera · 29/07/2025 17:09

It amazes me how old some Mumsnetters get before they realise that life isn't fair. Poor people learn this shit at the knee.

greenwithenvy2 · 29/07/2025 17:08

HideousKinky · 29/07/2025 17:05

I felt disgusted at her

Why?

Because she lucked out by being born 20 odd years before me.
I feel everything is just so very difficult now and we won't be able to help our children in the same way.

OP posts:
Viviennemary · 29/07/2025 17:07

A clear case of Count your Blessings

HideousKinky · 29/07/2025 17:05

I felt disgusted at her

Why?

Bluetoothpaste · 29/07/2025 17:03

Your neighbours took on considerable risk and hard work to enable them to do what they did.

Why are you disgusted by them?

Mischance · 29/07/2025 17:02

You've got an income of £140k pa.

My income is £21k

Give your head a wobble.

Cornishclio · 29/07/2025 17:00

I don’t think I would want £1m in mortgages or to be a landlord at the moment. You have a great income and are doing well having investment ISAs and presumably a home so why worry. Presumably your children are much younger so focus on saving and investing for your families future.

BenKingsleyClownUnion · 29/07/2025 17:00

£104k per annum sounds lovely compared to my meagre £12k. But I'm not bitter or jealous of you OP. Know why? Because I'm happy and content with my life and you're clearly not.

dudsville · 29/07/2025 16:57

I'm a little envious of the generation or two above me financially, but I'm grateful for the good things about not being from those times. You're doing yourself a disservice here by focusing on this so much.

ConcernedOfClapham · 29/07/2025 16:56

Stop listening to her? 🤷‍♂️

we’re on very friendly terms with our neighbours but wouldn’t have a clue as to their financial position (nor they ours)

PeriJane · 29/07/2025 16:56

“We feel financially mistreated by the world economy”

😂😂😂😂

JackJarvisEsq · 29/07/2025 16:55

I love how you know the ins and outs of her property portfolio yet can only guess her age

stayathomegardener · 29/07/2025 16:54

I suspect they won’t have as much money as you think, the rental market for small landlords is difficult at the moment with ever increasing costs and legislation.

Then there’s capital gains tax to pay when they want to sell anything.

Holgen · 29/07/2025 16:53

i know exactly how you feel. If you had the same opportunities as them, how much more different would your life be? Quite a lot. And sometimes I get a bit bitten by that bug of jealousy and discontent - particularly of people I know at work who own multiple properties because of the lax BTL rules of the 90s/00s when I was unable to get a mortgage due to being under 18. I know as a millennial we feel financially mistreated by the world economy… however what you need to think about now is how to diversify your portfolio, keep increasing your investments and life the life that you are leading. By all Means, feel jealous every now and again but know you could have done nothing to have bettered your position like them because the circs are completely different

Screamingabdabz · 29/07/2025 16:52

I’d feel like a lottery winner on £140k income and able to save. I guess it’s all relative.

Dillydollydingdong · 29/07/2025 16:52

They've had 20 years more than you to accumulate their finances. And in fact they're probably much wealthier than most people, not just you. Why should you be bitter about it? Money isn't everything!

CeciliaMars · 29/07/2025 16:51

How on earth do you know so much about their financial affairs? As a couple, you earn a wage most people could only ever dream of. This is one of the most moany, entitled posts I've ever read on here. You are right to be disgusted with yourself for feeling this way. Do you go through life being jealous of everyone who is better off than you? Try looking down instead of up and realise how fortunate you are.