HH income of £250k but we don’t feel rich?

And isn’t it strange that they are all so
bad with money as well and that they need advice? Bless them, poor things.

I saw this and thought of you.

You put 2K in savings

Actually half your income is "spare".
Mortgage and car £3500 a month and you live in a semi? What car is it?
If he's in tech you could live anywhere. Move somewhere cheaper and get a massive house for less money.
School fees are a choice, you have £3k a month "spare" only you can decide whether £36k a year is money well spent.
You choose to pay £12k a year into a pension and nearly half as much again into children's savings. That's all spare money.

It must be a troll, you have plenty, you should be giving some away if you have that much, we earn much less and do.

#thoughtsandprayers OP 🙏🎻

You do, you just spend it on school fees and savings?

you have spare money - you put £2.5K into savings each month. If you can't afford it then don't save it.

you pay for private school fees

you have £500 each per month

you have £2K for bills and food etc

you have holidays.

Despite you being a SAHM you pay somebody to do the cleaning and ironing.

You are not short of money. If you want to make some cutbacks, then cut back on the holidays, put the kids into state school and do your own housework.

Why didn't he pay into a pension when he was earning £180K? Why didn't he pay into a pension for you then?

Oh, to start the month with 2K, let alone end it with 2k left over.

To quote the kidz, you are delulu 🤣

Get a job.
Or get a financial advisor.
Or get a grip.
Or all of the above!

School fees! That’s what’s making you feel like you don’t have enough spare. I agree you should be over investing in pensions given your income and current pot you have saved. Your mortgage and bills seem high but that could be that you live in a relatively large house/large mortgage. Your outgoings will always expand to what is there. But £3k a month currently on schools fees - that’s your fancy holidays cash, it’s the money you could use to lease a fancy car.

if the kids are school aged, why don’t you go back to work and put them in wraparound care? What’s your earning potential?

So why do you feel "not rich"

Why don't you work?

So many questions in this thread, so few answers

You haven't addressed the people that have said to you you are managing to save their entire wage every month.

Apart from explaining to all and sundry just how detached one is from reality, I really do wonder about posts like this. What could anyone hope to achieve from it?

OP, take some washing in or maybe do some dogwalking on the side if you're feeling so poor and don't fancy flashing your tits on OnlyFans.

You really need to reframe how you think about your income.

Money put into savings is still spare money - you choose to save that much rather than spend it. It’s a good thing. You are in a good place.

If you had £1million left over per month (after mortgage, bills and school fees) and you chose to put £998 000 into savings then you still would only have £2000 left for general spend.
You don’t have as much as that but you do have over £8k/month spare after mortgage, bills and school fees - £2000 savings per adult, £450 savings per child, £500 fun money per adult and £2000 miscellaneous.

Hahahaha is this a joke post? It has to be?

Try putting your 2k pm in cash into a bath every month and when the notes are a foot deep get in and roll around in it.

Maybe that'll make you feel rich.

How much per month will it cost when all your DC are in private school?

Sales is not a steady job. How much of that £250k is bonuses compared to fixed salary?

🎻

Have you thought about setting up a justgiving or a gofundme page? People are really charitable when they see others struggling.

Where are you finding private school for 3 DC for £1k each per month? That seems incredibly cheap.
Outside of any special needs, we wouldn't consider private school for our 3. Even though DH taught in one for 25 years and we were offered free places for our DC there as part of his employment package.
We did not want them to have friends from wealthy families only. We wanted them to be equipped for the real world.
We have family and many friends who chose the private route and several of their DC have had issues with drugs and mental health (anorexia/anxiety etc). Far more than the kids we know who went to state school.
When your DC are competing for uni places (or even harder to access degree apprenticeship programmes) their private education may even go against them, as most top unis now offer "contextual places" (lower grades) to those from state schools.

My advice would be to find a good state school and put that £3k a month into a pension or save it towards your DC uni costs/ house deposit.

Also, get yourself some proper financial advice, that really is worth investing in.

Exactly, 2000 a month left over, with over 3000 put in savings, and 500 quid left to "play with" each isn't doing badly by any stretch of the imagination 😳

Zero, they can go to perfectly good state schools.