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AIBU?

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Original poster

To ask you to talk frankly about money !

337 replies

Moneyexpose · 20/09/2015 18:27

I don't understand why on this site , and even in rl, people are so shy to talk about money. Including myself, hence the name change !

So I'm inviting everyone to talk money. Feel free to name change if you feel uncomfortable. I feel knowing where other people stand and how they live (e.g. budgets, priorities) can be helpful for everyone. I'll start ;

Have a bf, no children, 24 years old
Earn £48k a year
Live at home with my parents whilst I save up, so no rent. No car either.
Spend £330 a month on transport
Save £2.2k a month for deposit (the £200 may sometimes get spent so im not strict on that)
Have £300 disposable income
Priority order; a home, holidays, shopping, eating out (if im honest, this is probably first Blush )

I know I can't police it, but can this thread please be free from negative comments. Feel free to ask questions so people can also get ideas on how to maximise income, savings etc. And mainly, to satisfy our nosiness (I know I'm not alone !)

OP posts:
Blackcloudsbrightsky · 20/09/2015 18:58

My parents had the same attitude towards adult children paying rent OP and I know a lot of people who do.

As someone's already said you can contribute in other ways.

Petrean · 20/09/2015 19:00

Name changing just so you know.

OP telling people you earn £48K and then saying £2200 a month for a deposit whilst you live rent free is helpful to no one. You aren't advising on saving, budgeting, you aren't advising on anything really.

What do you want us all to say?

Bearbehind · 20/09/2015 19:00

Careful OP, you might just choke on that silver spoon in your mouth Hmm

Do you really have no idea what an insensitive post this is?

LineyReborn · 20/09/2015 19:00

You lived alone at university, OP? Yeah right.

Usernamegone · 20/09/2015 19:00

Moneyexpose I didn't have any family so had to stand on my own two feet at 18 and pay my own way in life. Moved in with partner after 11 years supporting myself (and 5 year with bf).

Sockattack · 20/09/2015 19:00

Journo

ShebaShimmyShake · 20/09/2015 19:00

Well, if ever there was proof that money can't buy taste or true class, OP is it.

LineyReborn · 20/09/2015 19:01

Journo alert I think, about moving in with partners and money.

Blackcloudsbrightsky · 20/09/2015 19:01

There are people on here who are wealthy. Wealthy because they worked hard or have inherited wealth or whatever.

They can say so. Hmm

Or should only those on benefits be allowed to mention money?

I agree though OP that a specific question might be better.

EatDessertFirst · 20/09/2015 19:02

If it is a journo, it has failed miserably finding out about peoples salaries.

Sounds like a twat as well.

spoonfulofgoodness · 20/09/2015 19:03

Good on you OP for earning a great salary. I do hope you're good to your oldies though! Smile

Original poster
Moneyexpose · 20/09/2015 19:03

Imperial the older sibling is a boy and yes we do treat them, often.

Leave I was hoping to see how much other people earn and save so I could then ask for tips from others (and others could do the same). But that's meaningless if you don't know other stuff such as age and what they prioritise and mortgage which is why I included that stuff. Hope you understand.

Murfles my brother (eldest) offered and my parents were insulted. They blankly refused. Even a contribution towards utilities. My younger sister , in college and working part time, will also not pay rent. Yes, we contribute in other ways.

OP posts:
LadySheherazade · 20/09/2015 19:03

Some people do talk about what they earn, on threads where people are asking for help budgeting etc. I don't mind sharing then. Although you haven't actually said what you do, so how is it helpful to anyone to know what you earn and spend?!

I do think that there needs to be more transparency around salaries, but there is no need on this thread. It reads like a barely concealed stealth boast.

Dawndonnaagain · 20/09/2015 19:04

For those participating
You mean: 'ignoring the voices I don't want to hear'.

Thank you Liney. I live in fear of this happening so I always have a months food in readiness for the zombie apocalypse hmrc cock ups. So, that's one thing we don't have to worry about. We're okay for a (very) short period of time.

johnImonlydancing · 20/09/2015 19:05

'get ideas on how to maximise income, savings etc.'
So you're a 24 year old, still living at home, with no children - obviously you are the financial guru we have all been waiting for Hmm. Agree with those who've said this is a stealth boast. Suggest you wait till you're a bit more mature and have some life experience under your belt before starting this kind of thread. Try having kids, getting divorced, made redundant, suffering a life changing illness - that kind of thing.

ButtonMoon88 · 20/09/2015 19:05

Why would you want to be nosy about people's salaries who you don't know?? I could lie and say anything.

This thread makes no sense!

gamerchick · 20/09/2015 19:06

I never tend to post on these threads but I'm struggling to understand what you're looking for OP. You haven't had a dose of real life yet and won't while you're getting your backside wiped at home. How will you learn how to do money sensibly if you've never been shown by paying your way? You've got a good deal I agree but your parents aren't doing you any favours.

I would strongly advise starting your pension though I agree with a PP.

Original poster
Moneyexpose · 20/09/2015 19:07

motherofdragons it's exactly these differences I was hoping would come up and then could give me an idea as how to go foward if I was able to ask questions (instead of answering why I don't pay rent).

maid why do you say so? We have been together together 3 years btw.

liney alone , as in without parents. Shared house. What's not believable about that?

OP posts:
Bearbehind · 20/09/2015 19:07

I was hoping to see how much other people earn and save so I could then ask for tips from others (and others could do the same)

Bollocks- if that were true, why would you pick a parenting forum to ask the question?

Get on a student, post grad website and ask your peers- not people who you share no affinity with and who, in many instances, you are actually offending.

yorkshapudding · 20/09/2015 19:07

If it's that much of a "disappointment" then maybe rethink your current priorities or just look around and be very, very thankful since (unless you've been living under a rock) you must know you earn far higher than the average wage. You've said yourself that you currently prioritise "shopping and eating out" etc and are not that strict about saving up every month. You've got pretty much no outgoings, live rent free and are on a much higher than average salary. You are in a much better position already at 24 when it comes to the prospect of getting a mortgage than many, many people in their thirties, forties and beyond.

Since you want to know, I'm in my thirties, I'm a Nurse working in child and adolescent mental health, I earn 28k a year. Bugger all really, considering the vast majority of kids on my caseload are actively suicidal and it's my job to manage thier risk. Because I work for the NHS my salary is freely available to anyone with the curiosity and access to google whether I like it or not.

So you see if some of us don't like talking about money it may not be because we have irrational hang-ups about it, maybe we just find that seeing it in black and white or saying it out loud makes us feel a bit shit.

Original poster
Moneyexpose · 20/09/2015 19:08

Genuinely laughing at being called a journalist - couldn't be further from my career but ok.

I only decided to share my salary because I didn't want to ask yours without saying my own. Maybe I'll start another thread and not include my salary?

OP posts:
wickedlazy · 20/09/2015 19:09

I don't mind talking about money. At the minute, I have about £2 laying about in change to do me until child benefit on Mo day, income support and tax credits on Tueday. Priorities on Tuesday will be gas, electric and food enough for this week, and save a chunk for next week (when I get cb and tc again but not is which is fortnightly). I have never earned over £9,000 or £10,000 a year, so 48K seems huge to me. But I stretch what we have to cover what we (ds and I) need.

shoopshoopsong · 20/09/2015 19:09

The reason it is rude to talk about money is because it's not necessary for you to know how much other people earn and spend, or for them to feel bad when they find out they earn significantly more/less than you. It is personal and nosey. Same as you might be interested to know what size clothes they wear if you're nosey, but you don't need to know. If you need to know what a profession earns that you want to go into its pretty easy to find out with a bit of googling.
My parents were well off and literally NEVERtaljed to me about what they earnt and how much things they bought cost because why should they? When I needed to learn the price of things it is pretty easy to go and find out.

Petrean · 20/09/2015 19:09

I'm biting...
I was hoping to see how much other people earn and save so I could then ask for tips from others (and others could do the same).

Trust me you aren't going to be able to get any more 'tips' than you already have had from your parents. No student loans, no rent, £48K a year. You want to save more than £2200 then do the bloody obvious stop eating out.

You want to know how much I earn... Well more than you. And DH earns more than me. And do we save? As much as we can.

johnImonlydancing · 20/09/2015 19:10

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