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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

If you are minted....

994 replies

FeralBeryl · 14/10/2016 01:42

*What is your/ partner's career or job?
*
Not a TAAT more a TIBAT (inspired by a thread)

Someone has a monthly take home pay of £11k
Not going to lie, I fully intend to suddenly obtain the necessary qualifications overnight for whatever it is. Wink sure there'll be an online course....

I know there will have been a great deal of sacrifice, no work home balance etc. I'm not wanting to judge at all-I'm enthralled

Please.

OP posts:
CozyAutumn · 14/10/2016 08:49

Jobs that pay loads are usually things that sound terminally dull and/or are a collection of meaningless words to me.
I think this proves that I am neither willing or able to be one of the wealthy people of this world Grin

I'm the same. Grin The only way I will become wealthy is if I win the lottery. I do like a job I can leave at work when it's time to go home.

Dowser · 14/10/2016 08:50

Funny old world isn't it? Those salaries are eye watering and I appreciate how hard you work/ worked to get them and I hope you all enjoy the jobs that you do.

I was having this conversation with my daughter last night. It was about 9pm and we were sat outside a restaurant. Had a lovely meal. It was still about 20 degrees and were on our favourite holiday island and were watching her children play with some local children.

Dh and I live well on less than £20k a year. This is our fourth holiday abroad this year and will have spent 10 weeks out of the uk. We keep our home costs to a minimum. We don't lead a spart existence. We dine out regularly. Go to our caravan as much as possible and spent three weeks touring Scotland and the lakes and Wales and Dorset.
I recently attended a training course hosted by some lawyers in Newcastle and got chattting to a senior. I told him that we were going away for 23 days and he said he wasn't able to do that.
I know how he feels. When with my exh we only had two lots of two weeks at our home in Florida each year.
Lovely though it was, I'm happier being with my second husband ( retired) living on much less and doing far more

We still have another break to take in November
. If you are leading a happy,pretty stress free life then good but if not you could be piling problems up for the future especially if you feel you are sleep deprived.

Changednameforthis1 · 14/10/2016 08:53

DH started up a few businesses aged 32 after a few years in the city with several mates from uni and one from his stint in the marines. Now he's mid 40s - employs around 400 people in UK and overseas. One company valued £20m and another going for £1.5 b (obviously a lot of shareholders taking a cut of this)!
He has worked 24/7 for about 15 years and is totally focused on work. I've been a SAHM to 4 DC and have felt like a single mum at times, but that's just the way it's been. Can't see him ever retiring because he can't stop. His business partners are all pretty much the same as him, including some borderline personality types, I would say.

Hysterectical · 14/10/2016 08:54

We get about 15k between us tax free. Headmaster and construction HSE. We are lucky we get free house with pool and no bills and a healthy flight allowance. Fortunately we love the middle east and consider it our home rather than living here just for the money.

weegiemum · 14/10/2016 08:54

Dh is a GP. The pay is really good.
Just as we az the disability I have means never work for pay again and it costs us quite a lot in travel costs etc. But even with that we're well off. We do donate a lot and appreciate our money.

bigkidsdidit · 14/10/2016 08:56

DH is IT project management too, freelance. He doesn't see the DC Monday- Friday usually, and can be sacked with no notice, so it's a bit terrifying. Luckily I just got my first ever permanent academic job that covers the mortgage in case of disaster!

missyB1 · 14/10/2016 08:58

Its interesting isn't it because i suppose it depends on how you interpret being wealthy? My Husband is a Hospital Consultant and although we are not poor by any means we certainly don't feel rich. NHS consultant pay is about £85k which is obviously a good wage but we live in an expensive area where house prices are high, and we've chosen to put our only child in a private school - so that's pretty much all our money gone!

I keep dreaming of moving to a cheaper area.

BakeOffBiscuits · 14/10/2016 09:06

We run our own business. He's a management consultant and works incredibly long hours to earn the money he does. as someone said upthread there's never a weekend or holiday which isn't interrupted by emails or phone calls.
We do have a nice, comfortable life though.

FeralBeryl · 14/10/2016 09:07

Definitely Missy obviously this is lighthearted and I know the people on here realise they are fortunate.

Wealth is all relative though isn't it.

A roof over my head and healthy kids is the ultimate wealth I know. But I'd still like a supercar. Grin

I am, for my part incredibly stressed, feel like I'm failing in most areas of my life except work. I know this must change.

OP posts:
FeralBeryl · 14/10/2016 09:08

Bakeoff it's difficult to set boundaries when it's your own business isn't it. In my previous job, if someone rang me at 11pm on a Sunday night I'd tell them to fuck off! Now I grit my teeth and reply. Foolish.

OP posts:
BakeOffBiscuits · 14/10/2016 09:11

And I'll add DH started off with very little expertise in the area he works in, it was more of a hobby. He gave up a good job and salary to work in the area he does now.
It was terrifying at the time and people thought we were mad. Fortunately it worked out but it's all down to his attitude which is "work hard and never give up".

BakeOffBiscuits · 14/10/2016 09:12

Yes Feral, it is hard. If you don't reply it's your business which is affected. But some people do take the piss!

lljkk · 14/10/2016 09:13

I don't understand half of what these jobs are... except they often seem to be management roles in companies with high turnover. Lots of risk taking & long hours. Reminds me of Trump & the year his business lost $1 billion.

I know people who have worked very long hours for (eventually) small failed businesses, though.

littlepippip · 14/10/2016 09:14

Forgot to add husband doesn't work mad hours, he's worked hard to get were he is but is very efficient and clever so comes home normal times and has weekends off, we also take lots of holidays.

MortifiedinAsda · 14/10/2016 09:18

DH brings home about 9k per month which he has done for the last six month. He is a contractor in finance with a good degree and he is very good at what he does. Being a limited company he pays less tax ( i think his overall pay per year is about 135k)

This doesn't include things like holiday, sick days, bank holidays, pensions ect so some months that 9k can be a lot less.

We rent a very nice house (farmhouse with land) for a couple of thousand plus privately educate both our DC's. We have choosen to live a long way out of London because our lifestyle is better. DH's travelling costs from East Anglia to London 4 days a week are quite a lot too.

DH gets home at 9 o clock at night and leaves at half past 5 in the morning which is not much of a life during the week admittedly but he has said he would prefer to do this than pay 2k per month rental for something a lot more ordinary closer to London he also works from home one day a week so therefore is at home for 3 days a week.

18 months ago he was on one third of the amount he is on now and we ran up a lot of debt over the last 5 years as we struggled ( no kids in independent education then!) so we will spend the next three years getting out of debt then another year saving for a deposit on a house, something that we would never have been able to do before. We consider ourselves very, very fortunate to be where we are now. I am a sahm and i have some serious health issues so i do not work.

FeralBeryl · 14/10/2016 09:19

littlepippip see that's perfect.
Good for him for working out how to achieve it too in that area.

It's having the confidence to say no too I feel.

OP posts:
Graceflorrick · 14/10/2016 09:20

I've resigned from my full time permanent post with no job to go to. I rang a locum agency and they have put forward temporary jobs with a salary of circa £4500 per month Shock. I would imagine all these very very wealthy types locum or own their own company! Grin

Dowser · 14/10/2016 09:23

When we drive around our beautiful country and see some fabulous houses I now have an idea of just who lives in them.

Good on you. You deserve the fruits of your hard work . I don't begrudge anyone their big slice of the pizza of life.

I'm happy with my huge slice too. ;-)

ChazsBrilliantAttitude · 14/10/2016 09:23

Financial services lawyer and DH is a property developer.

Part of it is hard work and part is being in the right place at the right time.

FfionFlorist · 14/10/2016 09:24

FInance Director in large private company. Wealth comes from good basic salary for many years, excellent bonuses in really good years and several business transactions, so equity and other deal sharing arrangements when businesses are bought and sold. Now have very good good work life balance but my god it hasn't always been the case.

nocampinghere · 14/10/2016 09:26

most people i know who are very wealthy work in the city AND they then spend a lot of time investing/managing their money so a lot of extra income from that.

i meanwhile leave my meagre savings in barclays earning jack shit.

nocampinghere · 14/10/2016 09:28

oh and a lot of them work it so they don't pay income tax but capital gains tax (10%). = way more £££ in your pocket. Envy Hmm

DrDreReturns · 14/10/2016 09:30

The only one of my friends who is on that kind of money is a partner in a city law firm. As pp said it is horrendous hours - earlier in his career he was regularly working through the night - though that doesn't seem to happen as much now he is more senior.
I think it is down to your personality more than anything. He is very driven, very hard working and very sure of himself. His job wouldn't suit me at all.

gingerboy1912 · 14/10/2016 09:31

I've never been well off but people I know who are, own their own business in the building industry, are top of their profession in the NHS, have a job in the oil industry which requires a lot of travel and being away from home, work in financial markets in London or have inherited a large sum of money.

justgivemeamo · 14/10/2016 09:32

www.dailymail.co.uk/femail/article-3837197/We-millionairesses-FORTIES-Faced-poverty-marriages-ended-inspiring-women-transformed-lives-sake-children.html

^ interesting although in the first story they gloss over how on earth she raised the money to buy her first house- I mean how did she even get a mortgage? I am not sure you could do it now, but the premise is simple.

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