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What is considered rich these days??

613 replies

Soccermomsavestheday · 07/03/2026 22:55

So my husband and I live a pretty decent life but not one that warrants being called ‘financially out of touch’ and ‘how the other half live’ in my opinion which is just a couple of example of my sil many comments towards us.

My husband earns around £250k a year, I don’t have to work so don’t. We live in a nice 4 bedroom detached house with a lovely sized wrap around garden. We’re lucky enough to send our children to private school. We don’t go on extravagant holidays or wear high end designer clothes etc. We both drive Range Rovers but one is second hand (5 years old). And bottom line we have worked really hard to be where we are but don’t consider ourselves ‘Rich’ more so comfortable that we can live a modest life without financial restraints

it really bugs me when she says stuff like ‘you wouldn’t know what it’s like to budget’ and ‘it’s alright for some’ etc. I do budget monthly and am very much aware of how much things costs etc

Am I being unreasonable in this situation?

OP posts:
randomchap · 08/03/2026 01:01

Soccermomsavestheday · 08/03/2026 00:58

I get that. I really didn’t mean to offend anyone or come across that I didn’t think I lived a nice life. It was more that I didn’t consider myself to be ‘rich’

We do choose to pay for private schools etc but it’s planned and budgeted and we go without in other places as the children’s schooling is a high priority for us a family. All families have their priorities and they vary but that is ours for various reasons.

Thank you for this x

An income 8 times the national average,plus a bonus, and you don't consider yourself rich?

How do you define the term?

Soccermomsavestheday · 08/03/2026 01:01

answersonly · 08/03/2026 00:55

And I should point out that yearly compensation is drawn from net profits, not gross, and is generally determined by level, which can change from year to year, and which defines percentage of ownership. Different firms may have slightly different compensation models but that's pretty standard.

Yes absolutely! The yearly drawings are dependant on firm success and changes every year. If it’s been a bad year financially for the firm it could quite literally be nothing (it’s never happened for us 🤞🏼)

OP posts:
answersonly · 08/03/2026 00:59

Confuserr · 08/03/2026 00:25

Yes that's true. But he didn't do that. He's (allegedly) a solicitor and EP like your DH, and for some reason she described him as a barrister. Maybe she's got a thing for the wig? (They are very fetching tbf)

I particularly like the really mangy ones. So sexy (fanning myself) 😂

nomas · 08/03/2026 00:58

And bottom line we have worked really hard to be where we are

It’s cringe enough hearing ‘we have worked really hard to be where we are’ from people who work, we don’t need to hear it from a housewife.

You must lead a very empty life to be bragging on an anonymous site.

takealettermsjones · 08/03/2026 00:58

patooties · 08/03/2026 00:45

I work really hard - I would annihilate my husband if he was swanning round acting as though his part time unskilled job was paying for everything and that my hard work / high salary / status was somehow something he could claim by dint of sharing a home and kids. 🤣

While I get what you're saying, in a marriage, some achievements are definitely shared. My husband earns pretty well but he definitely could not have got to where he is without me holding down the fort with the kids. I work full time and I take on the vast majority of the chores and childcare, because his hours are longer than mine. He has achieved amazing things professionally/academically which are all on him, but our financial success as a family is collective.

Soccermomsavestheday · 08/03/2026 00:58

SixtySomething · 08/03/2026 00:53

It seems clear to me that your SIL is jealous of you.
If you have a much nicer lifestyle than her, that's understandable. I grew up pretty poor and would look in wonder at large, comfortable houses, and people (children) in flashy cars. They seemed to be a different type of human.
I think the point you're making is that, having paid for your expensive house, expensive cars and expensive schools, you can't just splash what's left around.
Nevertheless, your SIL is still being mean spirited in making nasty comments, especially if she is benefitting financially from your income.
It must be hard for the majority on much lower incomes to read that you don't consider yourself rich. I guess that explains the harsh comments.

I get that. I really didn’t mean to offend anyone or come across that I didn’t think I lived a nice life. It was more that I didn’t consider myself to be ‘rich’

We do choose to pay for private schools etc but it’s planned and budgeted and we go without in other places as the children’s schooling is a high priority for us a family. All families have their priorities and they vary but that is ours for various reasons.

Thank you for this x

OP posts:
Bigcat25 · 08/03/2026 00:56

My simple definition would be having enough to never work again. How much that is would depend on your yearly spending habits. This is probably a more modest benchmark than most though.

Sensiblesal · 08/03/2026 00:56

‘We have worked really hard’

you don’t have a job.

I’m sorry but even if my husband earnt enough for me to not work, I still would

answersonly · 08/03/2026 00:55

Soccermomsavestheday · 08/03/2026 00:42

There is a varied way in each firm. The equity partnership is also different in different firms with varying levels and percentage of yearly gross made etc. It’s not a ‘one size fits all’

my husband’s is released once a year in May after the financial year has been calculated.

And I should point out that yearly compensation is drawn from net profits, not gross, and is generally determined by level, which can change from year to year, and which defines percentage of ownership. Different firms may have slightly different compensation models but that's pretty standard.

Confuserr · 08/03/2026 00:55

OneBreezyHelper · 08/03/2026 00:49

what a ridiculous comparison and you know it.

Siblings have the same parental involvement and financial resources, go to the same schools, have the same opportunities. Entirely their choice if they go for a career that pays, or one that pays a lot less.

No one, but no one, has ever said there was anything wrong in being a nurse (for example) but you know before you even start your first day of training that you won't earn the same as an investment banker, even if you move towards private cosmetic practice.

It's a choice. It's just about income, it's not a judgement of value, unless you have a massive chip on your shoulder.

It's not ridiculous at all. Mbappé was born with specific physical and mental abilities which made him able to do a job which pays well.

Here's another example if you didn't like that one. I'm a barrister, neither my brother nor my sister, however hard they worked, could ever do my job, or indeed any job which could lead to a comparable income.

SixtySomething · 08/03/2026 00:53

It seems clear to me that your SIL is jealous of you.
If you have a much nicer lifestyle than her, that's understandable. I grew up pretty poor and would look in wonder at large, comfortable houses, and people (children) in flashy cars. They seemed to be a different type of human.
I think the point you're making is that, having paid for your expensive house, expensive cars and expensive schools, you can't just splash what's left around.
Nevertheless, your SIL is still being mean spirited in making nasty comments, especially if she is benefitting financially from your income.
It must be hard for the majority on much lower incomes to read that you don't consider yourself rich. I guess that explains the harsh comments.

randomchap · 08/03/2026 00:51

OneBreezyHelper · 08/03/2026 00:49

what a ridiculous comparison and you know it.

Siblings have the same parental involvement and financial resources, go to the same schools, have the same opportunities. Entirely their choice if they go for a career that pays, or one that pays a lot less.

No one, but no one, has ever said there was anything wrong in being a nurse (for example) but you know before you even start your first day of training that you won't earn the same as an investment banker, even if you move towards private cosmetic practice.

It's a choice. It's just about income, it's not a judgement of value, unless you have a massive chip on your shoulder.

Not all siblings have the same innate skills and abilities.

You're talking out your arse

Soccermomsavestheday · 08/03/2026 00:50

patooties · 08/03/2026 00:45

I work really hard - I would annihilate my husband if he was swanning round acting as though his part time unskilled job was paying for everything and that my hard work / high salary / status was somehow something he could claim by dint of sharing a home and kids. 🤣

I didn’t come here to discuss this. Keep to the topic in hand

Every relationship works uniquely and works for them as individuals and as a couple/team.
some households have partners that both work and some don’t - it’s nothing new. It works for us and we love it. I love being at home with my children whilst others wouldn’t. Let’s not judge other women in that way here today please ❤️

OP posts:
OneBreezyHelper · 08/03/2026 00:49

Confuserr · 08/03/2026 00:43

That's such a stupid take, sorry.

It's like saying Kylian Mbappé's brother had the same upbringing as him so he should be earning the same amount if only he worked as hard 😂

what a ridiculous comparison and you know it.

Siblings have the same parental involvement and financial resources, go to the same schools, have the same opportunities. Entirely their choice if they go for a career that pays, or one that pays a lot less.

No one, but no one, has ever said there was anything wrong in being a nurse (for example) but you know before you even start your first day of training that you won't earn the same as an investment banker, even if you move towards private cosmetic practice.

It's a choice. It's just about income, it's not a judgement of value, unless you have a massive chip on your shoulder.

randomchap · 08/03/2026 00:47

Confuserr · 08/03/2026 00:43

That's such a stupid take, sorry.

It's like saying Kylian Mbappé's brother had the same upbringing as him so he should be earning the same amount if only he worked as hard 😂

Indeed, my sister will never be able to earn what I do. Not through any fault of hers

answersonly · 08/03/2026 00:46

Soccermomsavestheday · 08/03/2026 00:42

There is a varied way in each firm. The equity partnership is also different in different firms with varying levels and percentage of yearly gross made etc. It’s not a ‘one size fits all’

my husband’s is released once a year in May after the financial year has been calculated.

Um, yes? Was there something in my reply that led you to think I didn't?

Soccermomsavestheday · 08/03/2026 00:45

OneBreezyHelper · 08/03/2026 00:43

I never understand these comments.

Saying that someone works hard never means that someone else doesn't?

💯

There are lots of people that work hard within their jobs, this doesn’t mean it’s reflected in their wages unfortunately. It would be nice if the harder you work the more you got paid but it’s quite the opposite on times

OP posts:
patooties · 08/03/2026 00:45

Soccermomsavestheday · 08/03/2026 00:34

I don’t work now but have in the past

I work really hard - I would annihilate my husband if he was swanning round acting as though his part time unskilled job was paying for everything and that my hard work / high salary / status was somehow something he could claim by dint of sharing a home and kids. 🤣

Confuserr · 08/03/2026 00:43

OneBreezyHelper · 08/03/2026 00:34

Regardless, your SIL and her brother have been raised in identical conditions, been given the same opportunities etc.

She could have earned just as much if she had wanted to. She chose a different path, then she's BU to be resentful and jealous. No one stopped her?

MN posters always blame their "circumstances", but when you talk about a brother and sister, these don't apply between siblings.

That's such a stupid take, sorry.

It's like saying Kylian Mbappé's brother had the same upbringing as him so he should be earning the same amount if only he worked as hard 😂

OneBreezyHelper · 08/03/2026 00:43

ClairDeLaLune · 08/03/2026 00:35

I’d like to say this is a stealth boast but it isn’t really very stealthy.

For “earns” you really should’ve said “gets paid”, I doubt he works 10 times as hard as a nurse.

Edited

I never understand these comments.

Saying that someone works hard never means that someone else doesn't?

Soccermomsavestheday · 08/03/2026 00:42

answersonly · 08/03/2026 00:38

The firm I was at did give bonuses (as does DH's) although they're not a huge part of total compensation.

I left a while ago to do something else, but DH's firm does monthly distributions that vary and then very large distributions at the end of their financial year (which comes at a strange time), at the end of December and then another mid-way through January. If you've had a very good year, you will sometimes get a January bonus, but as they're not a given, I wouldn't have wanted to rely on them.

But this is a US firm, London office, so mileage may vary.

My sister-in-law has never said anything about any of it.
Should say, none of my sisters-in-law. I have several, all silent on the matter of relative wealth or lack thereof.

Edited

There is a varied way in each firm. The equity partnership is also different in different firms with varying levels and percentage of yearly gross made etc. It’s not a ‘one size fits all’

my husband’s is released once a year in May after the financial year has been calculated.

OP posts:
answersonly · 08/03/2026 00:38

honeylulu · 08/03/2026 00:26

It hasn't "upset" rather than baffled and aroused suspicion. There seem to be several solicitors on the thread including me, possibly some barristers too. Most people are well aware that equity partners are self employed within a law firm. That isn't the same as a barrister being self employed within chambers.

What is this 'bonus "? Do you mean the drawings? How is that extra to the 250k "salary" which isn't really a salary at all. Isn't it all drawings?

The firm I was at did give bonuses (as does DH's) although they're not a huge part of total compensation.

I left a while ago to do something else, but DH's firm does monthly distributions that vary and then very large distributions at the end of their financial year (which comes at a strange time), at the end of December and then another mid-way through January. If you've had a very good year, you will sometimes get a January bonus, but as they're not a given, I wouldn't have wanted to rely on them.

But this is a US firm, London office, so mileage may vary.

My sister-in-law has never said anything about any of it.
Should say, none of my sisters-in-law. I have several, all silent on the matter of relative wealth or lack thereof.

Soccermomsavestheday · 08/03/2026 00:37

ClairDeLaLune · 08/03/2026 00:35

I’d like to say this is a stealth boast but it isn’t really very stealthy.

For “earns” you really should’ve said “gets paid”, I doubt he works 10 times as hard as a nurse.

Edited

I actually agree with you being a former nurse 😜

OP posts:
ClairDeLaLune · 08/03/2026 00:35

I’d like to say this is a stealth boast but it isn’t really very stealthy.

For “earns” you really should’ve said “gets paid”, I doubt he works 10 times as hard as a nurse.

Soccermomsavestheday · 08/03/2026 00:34

patooties · 08/03/2026 00:32

In what way do you work hard. Given you do not work ?

I don’t work now but have in the past

OP posts: