Rich Housewife - AMA

[Iho]

Ask me anything.

Right about what?

I dont have any questions but wish you the best and hope you enjoy the lifestyle. As a single parent holding down a mortgage and seemingly working hard forever, I'd love to try out your lifestyle 😂 pretty sure I'll never achieve 'wealth' though. But glad some people do.

You've answered the first batch but me and another person wondered why you don't donate to charities? Its not a criticism just wondering as it's one of the first things I'd do if I was in a position of having tens of thousands excess cash each month. I would feel it would be my duty to share a small proportion particularly to homeless, poverty charities and children charities. I know you are not mega wealthy but you are very comfortable.

Howling at some of these “£2m house and £600k a year isn’t that much”. Classic MN totally out of touch with reality.

My q OP is would people just meeting you for the first time be surprised at your wealth?

Yes I love him to bits.

I mix with the people I grew up with. I am friendly with neighbours but the are a bit removed from reality.

No.

No.

I was assuming Tory.

They were running - as ever - on a low taxation promise. How did you justify voting for lower taxes, when you have so much? I consider myself rich - as you do - and so think I should pay more tax, not less. I work extremely hard - but not as hard as nurses and paramedics, and they are struggling to put food on the table. The fact you don't have a single charitable direct debit proves that a US philanthropy model isn't the answer - so how can you vote against higher taxes for the rich?

@ProcrastinatorsAnonymous the Tories made the tax burden higher than it’s even been before. Labour were running on a promise not to increases taxes!

Perhaps he/she/they has changed details.

In an AMA?! Really defeats the point!

I'm a size 12 so not a super model by any stretch. I don't feel any more pressure than other women. I'm sure if I put on 5 stone DH would find me less attractive, I don't think he'd divorce me over it though.

It happens....

The law says otherwise.

I love Catherine Cookson!

Sorry if these have been asked before. Thanks for the AMA!
When flying do you go business or economy?
What would you typically spend on a pair of shoes / a coat / a handbag?
Are you/ your husband an ISA millionaire? Do you pay into JISAs for your kids?
Do you have a home gym / personal trainer?

I can imagine, people are so miserable when they can be anonymous. It's laughable people saying a 2m house is a semi detached in London as if normal people are paying that and it's not people who bought their house 40 years ago now living in houses 100x the value they paid for it.

Where do you live?
I was really shocked at how poor a lot of the IOW was.

I find this interesting as I grew up very poverty stricken working class in one of the most deprived areas in the UK. Nobody voted Tory.

I now live a very middle class life. I'm terrified of being poor again. I would say it is one of my greatest fears. I find that life is unpredictable so I take nothing for granted. Especially a comfortable life. I vote to make lives more equal and better. I could not vote to better myself and those more wealthy at the expense of others.

I remember reading Angelas's Ashes* years ago and giving it to my grandad to read. He said that the book reflected his and my gran's childhood: my gran's siblings died because they could not afford a doctor. I think universal healthcare is incredible.

I would hope that however wealthy I became (unlikely very wealthy tbh), I would not forget how fucking awful it is to have nothing and help more than my immediate family by never voting for people who actually despise the working poor.

*I understand it has been discredited, but the working class poverty it represented was real. My family lived it.

My BIL/SIL are perfectly normal, certainly not wealthy, and they live in a semi in London worth £3M. Most normal people have no choice but to pay this kind of money if they need or want to live in London.

Some of the comments on here SCREEEEEEEAAAAAAM jealousy 😂😂
Good for you,.OP. If i could live a rich life and not work, I certainly would, as would the majority of these people commenting.

I lived there for a bit, it's great 😊

FWIW, you sound like you have your head screwed on right, OP. You’ve handled the antagonistic and spiteful comments with good grace and you have obviously worked out what is important for you and your family.

Our street of £2m+ semi detached houses is about 50% young families and 50% boomers who - just as you say - bought before house prices wildly outstripped earnings. The young families seem to be mainly finance / law - there are a few more arty ones, and I often wonder if there's some family input there. We didn't have any gifting / inheritance - but we are working in very high paying jobs, and - being brutally honest - have prioritised career success and financial security to the detriment of many other more important things.

I guess as boomers downsize or pass away, their adult children will then be able to afford their own £2m semis. What a shitty shitty system we've created.

s normal 3 bed house is £2m?! Hmmm…

Of course “normal” people are paying that. The average people owning 2 million semis are families not boomers with adult kids - although there are plenty of those still around. I’d say more younger than older though.

This puzzled me, I give to my local food bank and include baby items like wipes and the occasional pack of nappies. I do this because I was once a piss poor young mum and I believe in giving back if you can