My OH earns millions AMA

[scumbagmillionaire]

Just that really. I'm a SAHM. He's earned over a million pounds for the last few years. 7 last year probs not as much this year. Presume I will get a lot of abuse but do think that there are a lot of misconceptions as to.how much money it really is after tax and what sort of person you are so....

@RealMaryMagdalene I love you

I'm a finance director so not quite the mega bucks you are on, but still pretty good. Agree with every word of your post - every female senior leader I work with is exceptional in some way, some of the men are but a lot are distinctly meh.

Set up your own AMA - it would be a fascinating thread.

Yeah, true. Tax contributions will be eye watering. Although I would be staggered if there wasn't a huge amount of tax 'management'.

Hedge funds short sold the stock into the ground, betting heavily on stock going down, forcing the share price down to zero. The final rallies in share price were hedge funds offloading at profit.

As I said, in the medium to long term the company was viable. I think in this situation it is morally right for the Govt. to support a company that is such a huge employer across the country. Those people are now out of jobs. Stock going to zero also impacted many pension funds and small investors. Big fund managers like Neil Woodford had heavy losses - these type of funds form people's pensions.

Have you ever worked yourself? How did you meet him? Do you both have similar standards of education?

I agree that there's no substitution for giving hard cash to charity. Time plus hard cash, even better.
Wealthy people should happily give to charity. But the person who doesn't give to charity who really ought to is Corbyn! He prattles on and on about broad shoulders. An MP is wealthier than most, he gives diddly squat and the press don't touch him......it's a case of do as I say and no as I do with him. Don't get me started on Emily Thornberry and her vast estate .....prattling on about social housing....I wonder what she gives?

How go you know what he donates Tinkerbell?

Apart from personal donations (which I know nothing about) he demanded that a Tory MP who spread lies about him apologise and donate to charity when he could have easily kept the proceeds himself.

As I said, in the medium to long term the company was viable. I think in this situation it is morally right for the Govt. to support a company that is such a huge employer across the country

Derailing the thread, I know - but where do you draw the line at this? Because what you are in fact suggesting is that taxpayers' money supports a privately owned enterprise. That's a pretty dangerous precedent to set?

I meant more that Govt. contracts were awarded to them rather than a bailout. Although, that said, bailouts have happened in the past in far less 'deserving' circumstances. No doubt that they were in a precarious position but it need not have been terminal.

@TinklyLittleLaugh

I'm fine thank you! I'm running on trader energy in this conversation. There's a lot of running and shouting. You know the movies of trading floors where everyone is losing their shit? It's like that. It's a thrill.

Afterwards I go to yoga, cuddle little people and read books. It's not the world for everyone because yes, craziness is the thrill, but for those of us who enjoy it but aren't taken over by it, it's quite something.

I think what you may have been concerned was manic is actually me watching six screens at once, doing a million things in my head and making not witty jokes, when I'm not technically working today, so I'm trying to do everything when really I should say forget this and go find myself some herbal tea and stretch out in the sun!

As an aside though, I'm horrified, literally horrified, by the white powder that does appear to be popular amongst people in several high paying industries. How stupid does a person have to be to actively take that up. I don't see it amongst my colleagues and I don't mix in social circles where I would ever see it (my and my lush bath bombs in a hot bath, that's as close to magic substances as I want to be and I'm sure my choice feels better!), however I have heard in certain cities and social scenes, people do. Not high earners necessarily, maybe more access to cash and zero sense. I also heard that it just keeps people awake for ages. Who wants that? I love bed, I don't spend nearly as much time in it as I would like!

Not for me. Yoga and natural highs, way more healthy, enjoyable and fun.

Can you understand what it's like for people who can't work for various reasons, say health for example, and have to live off benefits? Can you imagine the daily struggle, not being able to afford heating in winter, not being able to eat yourself so that you can feed and clothe your child? I worry that in particular politicians that control public spending and in particular benefits can't really understand what that's like.

Meant to add, that's not a dig, just genuine curiosity, as I feel parole with no money worries are sometimes out of touch with the reality some people face through no fault of their own.

people Not parole

Glad you are okay Lu.

@beanaseireann the OP didn't say she gave nothing to charity. She said she doesn't give much. For all we know, she gives £2million per year, but doesn't think that's a lot.

She said her husband is 'tight' when it comes to giving to charity, but not when it comes to other things - i.e. spending on himself.

Afterwards I go to yoga, cuddle little people and read books.

I hope you get their consent first

We don't spend anywhere near what we have. We are trying to save so that we have financial security and he can stop.

Why do you give so little to charity op?

itsmeaga1n. I do think over time I have lost touch with what it is like for people who struggle. We live in the M25 commuter belt bubble and most people here are high earners. I used to teach in areas that had real poverty. I myself wasn't living in poverty and didn't understand it then (think I was too young).. A couple of years ago I had a lump in my breast. I got a private referral that evening. Had a biopsy and was scanned. Everything was fine and my mind was put at ease. It felt unfair and wrong to have that as a privilege.

Ha Gorgon! I was just thinking that.

Susanmartha I don't see how money should / would affect family relationships. I mentioned earlier that OH brother used to be jealous but that seems over and done with.

It's a good question Gorgon. I don't think I can justify it. I am in the wrong and do not give enough to charity.

My OH spends v. little on himself.

Curtaintwitchers. I used to teach. Our salaries were comparable when we met. We are both university educated. We met in the pub.

Sorry. Just catching up. Marymagdalene, you do speak a lot of sense. I have defined myself by my husband in this thread but I don't feel that I do in real life. I sometimes feel very judged. People assume that I have certain values. I get questioned why I don't want to work when I have time. People assume that we don't pay tax. The children are spoilt and we couldn't live happily without money. It would be hard to live without it now because we have gradually got used to it but I never set out to be in the situation I'm in.

Where would you choose to buy a second property?

Will your kids inherit the bulk of your estate? If yes, why? If no, why?

Are you or your OH at all religious?

How old is the oldest towel in your household?