If you are minted....

[FeralBeryl]

*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. 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.

Two lawyers... easy

Me too, GreatFuck.

Bobochic in what world is 11K a month not enough? Beverly Hils?

As much as I like the idea of earning lots of lots of cash, I simply would not be prepared to never see my kids or family.
What's the point if you work 18 hours a day 7 days a week and drop dead from stress at 50?

Those of you saying their husbands are "consultants"..? What do they consult on?

I am a consultant engineer, or specifically I have a BEng in Petroleum Engineering and a Masters in Subsea Engineering. Worked for several years for an operator before setting out on my own.

Million what is it that you both do?
I think your balance sounds just fine btw

see, a consultant engineer as an example (sorry pan!) but i've not a scooby what that means. I don't even really know what engineering is....i suspect that says more about me than anyone else though, haha.

I'd rather bring home £1100 a month than £11,000 if it means work 12+ hour days and not relaly being "off duty"

I'm much happier looking for bargain, messing around with the family of an evening, being able to go out for a walk, making buiscuits and popping round to SILs for a natter,, having tea and cake, lolling around reading etc.

Judd that's the path I chose, job security.
I think a lot of people that can play a big part. I simply didn't have the bollocks at the time to make any great leaps of faith in myself.
Now I'm at the point where I could, through confidence and the a sense of laziness that my early 20's provided me with, I'm saddled with hundreds three of children and a ridiculously unavailable DH to thwart my megalomania

"£11,000 a month doesn't sound like much, "

Some people earn that in a YEAR

Not everyone who earns mega money owns their own Company, absolutely not.

I know someone who is Exec Chairman of a massive worldwide Company (very identifiable so I'm choosing my words carefully here). He currently earns £1.5M per annum (public knowledge) and his shares in that Company and the huge payout he is about to scoop up (due to a takeover) will take him into the stratosphere (reported widely in the financial press and likened to a silicon valley billionaire). How much money does one person need??!

However....
His marriage broke down and I'm not sure he is happy with wife no. 2 . His health isn't brilliant as he spends a lot of time sat on a plane circling the world. He struggles with his weight. Hugely intelligent bloke, worked his way up, (I knew him before he became quite so successful) but he has a lot of flaws and not sure he will ever be what I would call content. He never seems to get his work/life balance right and every time we see him (rarely now given his success) he says he is sorting it...

we've also just taken on a much bigger mortgage rather than paying it off as we feel that it's the best way to make money on property longer term and we will downsize if we need the cash rather than being conservative.

heard this before but dont understand it - can anyone kindly explain this to me

I remember the thread this is inspired by

My partner is a photographer, I'm a PR consultant. I take home 8-10k a month, he takes home around 11k, some months quite a lot more.

We both run our own businesses but I could earn the same or only slightly less if I was employed by someone else.I've got 20 years experience and am pretty senior...that's the going rate for good people in my industry.

I have a good quality of life and very flexible working..I don't work long hours any more at all. this wasn't the case when employed by someone else. You can earn very good money without being a slave to work....

We take home more than 11k and are lucky enough to have a good work life balance. DH is an equity partner at a thriving midsize law firm. He's resisted moving to a US/Magic Circle firm as, while the money is great, the workload is not. At the moment he works from home a couple of days a week and I can't remember the last time he worked a weekend ( except to shirk household chores).

His practice area is unusual, in demand and really interesting work. He's got down to earth colleagues and they generally look out for each other.

I used to run my own practice, earning about 5k a month for a 3 day week. I gave it up to go back into the public sector, as that's where my heart is. We didn't need the extra money and I didn't need the stress. I still earn well and I feel happier and more balanced.

You can earn well and have a good work/life balance but it depends on the career you choose. Some of that is down to luck but I think too few people consider the implications of a particular career for family life until it's too late. I have several friends who have sadly had to give up 'all or nothing' jobs when babies, poor health or caring responsibilities come along.

What I'm saying is a good salary and a good life aren't necessarily mutually incompatible, but it takes a bit of thought and compromise.

We're up north and there are none of those pay packets up here. The only way to be minted here is to run your own business. Examples are manufacturing (e.g. electronic widgets, screws, t-shirts), property developer, large farmer/food processor. Mostly they are family businesses, otherwise if started from scratch then the people running them are just very sharp, smart deal makers, not necessarily degree educated professionals.

Thanks Pan ..so, oil rigs and that? Sounds interesting.

take home after tax, NI, pension and travel loan is around £4k (me - husband is on the same). that's earning £100k each p.a.

I really do fucking wonder where it all goes! Minted. No, not in my books but compared to many I know we are very lucky. We have a very nice life, house, good school (private), two or three holidays a year. We both work normal hours and very rarely at weekends (and if I do it's by choice and I get a day off in lieu another time - very handy for school holidays).

Some of the time I think we've got it right, at others I hate the fact I am not home in the evenings until just before DCs go to bed and want to pack it all in, downsize and live a simpler life.

There are a lot of people in the creative industries who earn substantially more than the paper shufflers - senior advertising / publishing / music industry / television execs where starting salaries are risible but where relationships are all - I can think straight off of several people who were in their late 20s when driving aston martins and earning salaries in excess of £300k (with potential to earn a further 60% in bonuses). The Sony Wikileaks emails were eyewatering. They're the ones who tend to have a real passion for what they do and so they don't worry about work / life balance because they're being paid for life - and frequently they don't have any meaningful further education. Of course that's not to say that some of the beancounters and contract shufflers have that same attitude (i am not one of them!)

blingy I totally agree with this "also get annoyed when the assumption is you don't see the kids if you earn that kind of money. I was inspired a decade ago by Fiona Shackleton who reportedly left the office at 5.30pm every evening to spend the evening with the family. No idea how true it is, but I have had the same ethos."

I have a lot of time to spend with our DD, as does DH, as we structure our work and clients to enable us to do this...I usually take Friday afternoon off, and Monday morning....I work 9-6 more or less, always home for bath time....in fact we often both are.

If a client cancels a meeting or a project falls off...i'll take advantage of that and we will do something fun together.

I absolutely love the flexibility and freedom of running my own business...I did it so I could see MORE of DD, not less!

I'm a self-employed/freelance senior project manager in financial services in London. Take home about £8k.

I graduated in law, did a graduate scheme with a financial services company. Worked for 12 years in two blue chip companies as a project manager working my way up and completing professional project management qualifications. I was on £85k plus £11k bonus.

Then set up my own limited company and went contracting instead at a rate of around £550-750 per day depending on the contract.

I can't believe someone said 11k a month isn't enough.
My take home is 1.4k, richest I've ever been and I feel positively wealthy at times! It used to be £800 so it's all relative I suppose!

I would go on a lot of fancy holidays with 11k a month I think :)

...and I work 9am to 5.30pm. Though my commute means I'm out of the house 7am to 7.30pm.

what's really interesting... I know a solicitor who did work in a magic circle firm since she qualified - stuck it until after graduation etc and ended up working in China with them - however come early 30s she told me she felt stifled and her route would be a partner in the firm - but she took a far less stressful but still solicitor role and got her social life back! She is single though too. But she could easily have been earning big bucks...

The partner at a top 5 London accounts firm where I worked - not sure what she finished up on but was certainly on upwards 120K a year probably far more - she worked very hard - little to personal life, didn't spend much and retired, no kids at 50!

DH is in an exec positon in a finance company. Earns around £180K pa but with bonuses and shares it is much, much more. He started with a degree in computing in the mid 80’s and has worked his way up. He bloody hates it. Very long hours and very, very stressful. I hardly see him. It isn’t worth it but he wants to get to a place where DD2 is through uni and he has what he thinks is sufficient in his pension pot. We have a 7 year plan in place and hopefully he can then walk away and have a life.