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

A lot of people have 2000 (of less) a month for everything, not 2000 a month left over.
What's going wrong is your mindset. Give your head a wobble as people say on MN. Honestly OP.

You do. But you put it into Savings.

I’m sure this is a piss take but the private school is the problem. I would not pay for private school at that income, it is a huge %of your monthly take home and is only going to go up. Plus you end up socializing with the other parents many of who will be actually rich, pulling in 7 figures and that makes you feel poor in comparison even though you are clearly not. Living the lifestyle we used to think of as coming for 250k takes 1mm now
and is out of reach for almost everyone (unless you believe what you see on social media!)
Maybe OP also feels insecure because her H is the one earning it all. That is incredibly risky to me, layoffs etc can happen to anyone and that is a truly scary place to be if the other spouse isn’t bringing in any money at all.

Yeh I gave some good advice about feet and Onlyfans.... a lot less faffle than ironing and more dosh but sadly it was ignored.

Was it correct when someone posted that its 0.5% of the working population that earn this amount?

Gosh isn't it wonderful that we have so many of them on here? Mumsnet must attract the high flyers eh?

No wonder OP is unhappy - she’s probably regretting all her life choices, being married to NF.

OP’s husband is probably Nigel Farage 😂😂 it kind of fits the description, and he’s on about that (at least in terms of his publicly declared salary).

Or taking in some ironing. Times are tough. A side hustle to boost the quarter of a million salary is nothing to be ashamed of.

😂😂😂

I earn under 20k a year...I would say it's a matter of perspective, plus the fact that you're putting a large amount into savings every month...

Please let us know what the role is (or at least the sector) in which you can fall into a £250k/y job based on innate talent rather than professional training / qualifications?

I say this with love as someone who was in a similar position, have you tried being grateful? I really had to flip my mindset, when living costs creep up (tha

Have you thought about getting a lodger 😂

You want more money than you are capable of spending?
You'd just get a bigger house, fancier car, more expensive holidays.

Your savings each month is more than my wage each much. Ridiculous.

I think you're answered your own question really. You have a good income, but you spend a lot of it on school fees, and a mortgage in I'm guessing a niceish but expensive area where it's amazing how far your money doesn't actually go. Factor in catch-up of pension and savings and it just all goes, leaving you with an otherwise quite ordinary lifestyle.
Are you also comparing yourself at all to some of your children's friends' families, who are possibly quite wealthy?

So you have 5k to cover food, going out, holidays. Savings is not a necessity. Perhaps you should look at it that way. Of course private school isn’t necessary either so your financial state of not feeling wealthy is because of how you choose to spend the money you have. That’s all.

If you're saying if DH lost his job tomorrow and you'd be screwed, then your kids shouldn't be in private education. You're outgoings should be the essentials.

I don't believe children should be in private school unless the money for the entirety of their education is benchmarked, in the bank and is for that cost alone.

We shouldn't be putting kids into a school for that to be taken away the moment a parent loses a job or the money runs out. It's not fair on them

You don’t think 2K for groceries and £500 each spending money is a lot? 3K is my entire monthly net income 🤣🤣
And you have 2K savings per month on top of that 🤣🤣

Husband has been earning £180,00 for 15 years and then £250,000 for the last two years. The children are young so presumably OP was working and earning before becoming a SAHM. What have you done with it all?

Where are you going wrong? Either this isn't real or you are utterly feckless with money. If we assume that you need £2k a month for food, clothes and holidays then your "essential outgoings" are £5500 out of a £12k take home. If you can't work out how to manage and provide future financial security with that you are destined to always struggle.

Grew up poor and don't feel comfortable on your current household income my arse.

Boo fucking hoo

This has to be a joke, right?

Take home is approx £12,000 per month.

Mortgage, car and bills: £3,500 per month

£12,000 - £3,500 = £8,500 left over for savings and any extra spends.

You don't need private schools.

The money you have left over (£8500) is the take home of about 3 people BEFORE bills.

I presume this is a wind up or you are tone deaf.

You save £2000 a month. You are doing just fine. Take the kids out of private school if you want more disposable income

IF this is a real post and not just a way to make me feel even more shit today, you should talk to a financial planner as it seems like neither of you really understand your financial situation or how to make the most of it.

The short answer is that you are choosing 'everything' instead of choosing some things. You have private school 'and' a car payment 'and' some sort of massive mortgage 'and' a massive savings goal 'and' huge amounts of disposable income. So... that's where your money is going. It's just maths. You can choose to carry on like this as you aren't going into debt and say you're happy, or you can choose to stop doing one of these things and have more money for... whatever you think you're missing in life.

It's really, really silly though to come on here to say this isn't enough money to enjoy your life. It's clearly many times more than most people have to think about so not sure what the majority of us could input. I have no idea how I'd spend that but it's not ever going to be relevant to my life anyway so I won't worry about it!

(And with all your kids at school you could go get a job if you really are struggling somehow...?)