Meet the Other Phone. A phone that grows with your child.

Meet the Other Phone.
A phone that grows with your child.

Buy now

Please or to access all these features

AMA

AMA Income over £500k

810 replies

AMAIncomeRelated · 03/03/2024 11:39

Following the thread on the disadvantages of earning just over £50k, it got me thinking that if some people think that is a huge amount to earn, what do they think of my life.

We live in North London. Husband earns a lot, over £500k most years. We live in a big house, with a huge mortgage, 3 children at private school, 3 dogs, own a ski chalet which is let out as well as for our use. I don't work, I did try a part time job 5 years ago and whilst I loved it, it cause too much stress at home because my husband is used to me doing everything.

We obviously live very comfortably, but also there are lots of things we'd like to do but can't afford the big projects at the moment. My husbands job is very stressful.

AMA. I am absolutely not gloating, I know only too well how fortunate we are.

OP posts:
tachetastic · 03/03/2024 19:28

AMAIncomeRelated · 03/03/2024 11:39

Following the thread on the disadvantages of earning just over £50k, it got me thinking that if some people think that is a huge amount to earn, what do they think of my life.

We live in North London. Husband earns a lot, over £500k most years. We live in a big house, with a huge mortgage, 3 children at private school, 3 dogs, own a ski chalet which is let out as well as for our use. I don't work, I did try a part time job 5 years ago and whilst I loved it, it cause too much stress at home because my husband is used to me doing everything.

We obviously live very comfortably, but also there are lots of things we'd like to do but can't afford the big projects at the moment. My husbands job is very stressful.

AMA. I am absolutely not gloating, I know only too well how fortunate we are.

So you are being kept by a rich man who will not allow you to work at a job you love because he wants you at home, in your own words, "doing everything".

I don't think you're fortunate at all.

I suspect you are looking for people to convince you that you are fortunate.

Giraffe888 · 03/03/2024 19:28

How much did your house cost?

givememypassport · 03/03/2024 19:30

AMAIncomeRelated · 03/03/2024 17:10

I'm really interested in all (well some...) of the replies now. I will answer some of the questions but out of time now today to sit here and answer it all. I will come back on tomorrow for those that are genuinely interested, and lots of people have made excellent points far better than I could articulate.

It was never my intention to gloat or show off, I thought it could open quite an interesting discussion, and I believe it has, whatever your viewpoint...

You don't have to say you're not gloating OP. You have what you have whether it's through your marriage to a high earner or not.

My husband was penniless when we met 5 years ago (in debt thanks to his ex wife). Last year he was paid £300k and will get the same this year. It's brilliant and I'm not about to apologise for it.

Oh and I'm slim, get chatted up lots, have a soft voice, big tits, a JLo bottom and shapely fat lips.

So tired of the jealousy from women here.

Spirallingdownwards · 03/03/2024 19:31

tachetastic · 03/03/2024 19:28

So you are being kept by a rich man who will not allow you to work at a job you love because he wants you at home, in your own words, "doing everything".

I don't think you're fortunate at all.

I suspect you are looking for people to convince you that you are fortunate.

I see you haven't RTFT

ohthejoys21 · 03/03/2024 19:31

Ilovemyshed · 03/03/2024 18:51

What will you do when your husband admits an affair and leaves you?

Why would her husband have an affair any more than yours would? Perhaps she just loves her life and always will?

Teenangels · 03/03/2024 19:31

TheAlchemistElixa · 03/03/2024 19:19

Read the thread. She was asked if she donates, she said she volunteers.

and of course I’m not so hypocritical as to ask if others would consider donating if I don’t do it myself! I very much do (and have nowhere near the same liquid cash). In fact, assuming OP earns £1k a month from her rental property, then as a proportion of her husband’s (separate and additional) take home earnings, she’d be donating the same proportion of family income that I do.

People asked if she did charity work, not if she donates to charity.

Most people do, be it a bake sale, an auction purchase or a regular donation.

tachetastic · 03/03/2024 19:33

Spirallingdownwards · 03/03/2024 19:31

I see you haven't RTFT

Correct.

Spirallingdownwards · 03/03/2024 19:35

tachetastic · 03/03/2024 19:33

Correct.

Perhaps read it before being so judgmental from behind your keyboard.

Zone2NorthLondon · 03/03/2024 19:35

givememypassport · 03/03/2024 19:30

You don't have to say you're not gloating OP. You have what you have whether it's through your marriage to a high earner or not.

My husband was penniless when we met 5 years ago (in debt thanks to his ex wife). Last year he was paid £300k and will get the same this year. It's brilliant and I'm not about to apologise for it.

Oh and I'm slim, get chatted up lots, have a soft voice, big tits, a JLo bottom and shapely fat lips.

So tired of the jealousy from women here.

Do you have a side hustle in the glamour industry? your self description it’s worthy of Jordan.

why would anyone on mn be jealous of being married to a high earner? Reading someone else posts about being a rich wife literally has zero impact upon someone else real life

Whereismyperiod2 · 03/03/2024 19:36

Zone2NorthLondon · 03/03/2024 19:25

the limitations of this AMA is she doesn’t earn the money isn’t carrying any responsibility. She consumes
I cannot see what useful insights are in spending someone else money
Feminism? I haven’t raised the F word

Well, tbf I’d argue that many a Mumsnetter seemingly dedicates much of their life to commenting (often at length) on women who spend their husbands’ money as SAHMs. (I know this sounds dismissive and reductive but this is often how many posters view the role imo.) I also see a lot of “Why would you do that?!” asked of SAHMs. So I can actually see why this thread would be interesting to many here, even if not particularly insightful to many others. Although I’d argue there’s definitely scope for insight into a SAHM’s potential insecurities… If it’s not really worthy of interest as a topic, there’s one hell of a lot of repetitive threads about women like the OP.

Dorisbonson · 03/03/2024 19:36

AMAIncomeRelated · 03/03/2024 13:07

Thank you...

I've never said we are wealthy wealthy..... Just I know we earn a lot and are in like the top 2% or something. I thought that people might be interested to hear that it isn't all private jets and champagne every day, life is quite normal because we choose to spend on a large house and school fees.

Agree with you that the money in London doesn't go far. It's crazy really to be saying that about someone earning £500k. But you equally made expensive housing and education choices that suck up huge amounts of cash.

Frankly I couldn't take on the bills you have to pay. Wow.

ohthejoys21 · 03/03/2024 19:38

"If you think your spouse earning 1mil and the other partner not working is not unusual I suggest you need a bout of time in the real world??
Bloody hell what circles do you mix in to not think that was unusual!"

My dh is in property and no it isn't unusual. And pointing out the obvious that amount is halved through tax. I can understand the interest in someone's salary that you are aquatinted with, but not some stranger's on the internet?

Pinkballoon3 · 03/03/2024 19:39

AMAIncomeRelated · 03/03/2024 11:54

ok, monthly income around £14k, mortgage £6k, school fees £5k. Then annual bonus on top which varies.

Wow, this has blown my mind. I'm better off than you with half the household income - mortgage of £1200 and no school fees

Sushimad · 03/03/2024 19:42

What does your dh do? It's anonymous so you can safely say, eg, hedge fund manager, ceo in finance, or whatever, without anyone knowing. Just wondering about the kind of career that opens the doors to earning that kind of money.
Thanks.

Interesting thread and I think people forget that people tend to live to their means, so there's not necessarily as much leftover as you'd think.

Muddywalks34 · 03/03/2024 19:43

Ilovemyshed · 03/03/2024 18:51

What will you do when your husband admits an affair and leaves you?

totally unnecessary comment, not all husbands have affairs, it’s really sad that you assume the worst of someone you do even know!

Dibbydoos · 03/03/2024 19:45

@AMAIncomeRelated everyone is only a few pay checks away from destitution and if we think tge rich aren't, watch Shitte Creek....

Your stresses are about keeping money, the other end of the spectrum is probably more about getting money to pay for the basics.

We all have stress and have to find a way to manage it.

Good luck with that.

Whereismyperiod2 · 03/03/2024 19:46

Pinkballoon3 · 03/03/2024 19:39

Wow, this has blown my mind. I'm better off than you with half the household income - mortgage of £1200 and no school fees

I am assuming though you couldn’t afford the OP’s mortgage or to send DC through private schooling for over a decade x3 DC. So not really.

TheAlchemistElixa · 03/03/2024 19:49

Pinkballoon3 · 03/03/2024 19:39

Wow, this has blown my mind. I'm better off than you with half the household income - mortgage of £1200 and no school fees

But you’re not really better off, are you? Not unless you also have maxed out pension pots, extra money in investments, two children with private school educations, an enormous house in North London worth (presumably) a few million, a “spare” liveable property at the bottom of your garden, a ski chalet overseas, expensive holidays and weekly food shopping where you don’t even need to look at the prices of the items you’re buying.

You’re not better off financially at all.

Lampzade · 03/03/2024 19:50

These type of Op will always attract naysayers.
The fact is that people are extremely envious of people who they perceive as having it all.
Some of the snarky posts are testament to this.
I have a few wealthy friends who are decent people but attract a lot of negative attention because of their wealth.
As my mother has always said, all fingers are not the same. There are always going to be those with more money

tachetastic · 03/03/2024 19:51

Spirallingdownwards · 03/03/2024 19:35

Perhaps read it before being so judgmental from behind your keyboard.

I was responding to the OP's question in her opening post. Yes I could have read the next 22 pages, but I don't need to. I was responding to the question posed. I made use of all the information she provided in that post.

sansol · 03/03/2024 19:52

Lampzade · 03/03/2024 19:50

These type of Op will always attract naysayers.
The fact is that people are extremely envious of people who they perceive as having it all.
Some of the snarky posts are testament to this.
I have a few wealthy friends who are decent people but attract a lot of negative attention because of their wealth.
As my mother has always said, all fingers are not the same. There are always going to be those with more money

Completely agree and I highlighted this on the Christian Horner thread on Friday. Because they are worth £400M and seem to have it all the knives sharply came out in Geri's way for being 'lady of the manor' and Cotswolds wannabe. Saying her success in Spice Girls was luck and manufactured. All a bit silly.

Lampzade · 03/03/2024 19:53

Muddywalks34 · 03/03/2024 19:43

totally unnecessary comment, not all husbands have affairs, it’s really sad that you assume the worst of someone you do even know!

Poor men cheat too

Spirallingdownwards · 03/03/2024 19:55

tachetastic · 03/03/2024 19:51

I was responding to the OP's question in her opening post. Yes I could have read the next 22 pages, but I don't need to. I was responding to the question posed. I made use of all the information she provided in that post.

You made a judgemental comment on her post. The post asked you to AMA which means ask me anything rather than make judgmental comments or show me your petty jealousies, which us what you chose to do.

Pursuinghappy · 03/03/2024 19:55

MsCactus · 03/03/2024 19:13

I wish we saw more posts like this from women who earn £500k+

My DH is in a well paid industry and his boss (female) took home £800k+ last year. I'm fascinated by how she's achieved that with a family etc etc.

I'm afraid it's not super interesting to hear about another rich man with a sahm wife. There's plenty about, and as a pp said it's not that different to you being a sahm with a DH on £80k or something in terms of lifestyle.

Women dealing with sexism, pregnancies, mat leaves and still earn that amount themselves is worth an AMA imo, this isn't

This!

id love to hear about and probably get advise from a woman who is absolutely bossing it and taking home the big bucks.

personally more so if she was in my industry, and had a family.

LaChienneDesFromages · 03/03/2024 19:55

Sushimad hedge fund managers and finance CEOs will be earning way more than OP’s DH.

City salaries are very high, across all sectors. If you show up every day and do a decent job it’s very likely you’ll be on 500k by 40. None of the partners in DH’s team (law) earned less than 600k last year, even the relatively junior ones.

Although I have to say, none of their spending habits are interesting enough to merit a thread on Mumsnet. They are all pretty square!

Swipe left for the next trending thread