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.

Working overseas can pay pretty well. Dh takes home more than 11K and has an expat package so private school, rent, utilities, car, dental, health cover all paid for by company.
He works in Finance (1st class degree and over 25 years' experience) - but working overseas doesn't suit everyone.

DH is a strategy consultant - day to day stuff is advising clients, providing expertise on projects, hand holding....developing the business. He works 65 hours a week minimum, he works evening weekends and holidays. Work comes first, unless there is a medical emergency. He works hard, is very ambitious but no doubt he enjoys it, he went to a bog standard comp - so there was no easy route. I am a SAHP and we are very happy. Most people we know are on similar money - so we don't give it much thought.

My sister also earns that kind of money and is a consultant production manager for a large department store.

What do you even do with 11K a month?

Well we pay our living costs with about 2k, 3k if we go clothes shopping and a weekend away (for example) then we use half of whats left over to go into savings for us to emigrate next year. its (mostly) paid for but we want lots of savings in case shit goes down the pan. the other half is being used to pay down mortgage debt to 0 by January 2017.
We want to leave the UK with no debt whatsoever. we live in a nice flat, have nice food, Nice cars (owned outright and bought with savings). we don't flash our cash at all. We use it mostly for rainy days and security.
We have several properties, 1 of which still has a mortgage on it. this generates additional 'income' of about 15k PA in total after taxes and top level LL insurance.
We do not use this money, we put it in a separate bank account to be used for any renovations, or unfortunately sometimes towards legal fees if a tenant leaves with paying rent (or in our most recent case, tenant left with perfectly paid rent, with wallpaper ripped from walls, sink ripped from wall, human and animal shit all over the floors. stank of piss and there were rotten plates of food on the side of the counter. the house had been empty for approx 2wks when he messaged to say he'd left and paid up the rest of the rent+ 1 months notice rent). by the end of the year if we have money left we will contact tenants for an inspection to see if anything needs doing, sometimes tenants are afraid to be honest in case we'll blame them (We don't unless its clear that it was caused by tenant as above), if nothing needs doing we will offer a renovation or redecoration if applicable. If nowt needs doing, we donate it to a charity. Last year we managed to donate 10k to Womens aid :)
We also help family regularly. I left home at 16 and had a very difficult start. my sister (over a decade younger) found herself in a similar situation. so I have allowed her to stay in one of our properties for a nominal rent and furnished it for her, which came to a whisker under 2k. I will also make a loss of about 5k pre deductions because she is not paying the rent (Which is fine).
I am incredibly lucky but we don't live like we're rich. Most people will guess we earn about 60k-70k ish. Not the 11k take home that DH has. My take home was an additional 1. something k. but thats now gone (I quit)
Forgot to actually answer the main OP :D DH is an owner of a chain business (Like Primark or Mcdonalds, just not as big) It took years of never seeing him and we didn't get lots of things most couples get. No honeymoon, no holidays. He worked the day of our wedding, before and after and on the 'wedding night' fell asleep as he was so tired.Booked a lovely meal for me one birthday and had to leave just as we'd ordered drinks because something had happened at work. We once went 3 weeks without seeing each other while awake, because I worked in a similar industry (as a low level employee) which requires fucked up long shifts with weird days off (For example some weeks I'd get the weekend off, some weeks I'd get a half day off wednesday and a day off friday) i only knew my rota a week in advance and DH went in as often as he had to, which was 100 hours a week sometimes back then.
While I'm happy we are now comfortable, It will always hurt that we had to live like that. If your DH is working 9-5 (or less) and you have lots of quality time as a couple/family you have something that we sacrificed for years, its all different things I think. I can't think of anyone who didn't make huge sacrifices to get where they are

DH is a Management consultant and earns at least that.

Some long hours in the first few years but now out the house 8am (school run) 'til 8pm at the latest. He almost always sees the DC before they go to bed and can easily take time off to take them to Drs / see school plays etc.

Never had any period of unemployment or financial hardship (excluding his childhood...)

I'm on half that, also a management consultant. Again a few hard years at the beginnning before DC but now I'm out the house 8am til 6.30pm so see a lot of the DC (they wake at 6am ) and I never work in the evenings / at the weekend. I can also be flexible for appointments with the DC.

I've just changed jobs to somewhere I can do my favourite sport in my lunchbreaks

*SoMuchroom
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What amount of staff are generally on the superyachts? I saw some at Palma last month and they seemed chocker block with beautifully uniformed people.

We take home a few k over that - we live offshore.
We're just very bloody lucky in our fields. DH is in security and I work at a law firm..
I didn''t have any relevant qualifications other than years of experience and have worked my way up in the 9 years we've been here.

DH has worked his bollocks off though and his hours were horrendous for a long time, 14-15 hour days, travel, all nighters at weekends, no time off after we had the babies etc. That does sound horrible but we live on a tiny Caribbean island and he works close to home so worked flexi hours to bring me food and come and cuddle the baby before heading back out.

Now he's office based so we have more time as a family which is lovely and both our hours are pretty decent and we have minimal commute.

We both earn similar so we save all of DH's salary - there isn't anything material we can spend the money on so will be putting aside for yearly school fees to pay in advance (all schools are private here for expats), over paying the mortgage and trust funds for the kids.

But there's really not much to spend it on here - I like my cars but I'm not upgrading until the kids are older and less likely to spill shit in the back, plus the salt rain destroys paintwork so I won't buy new. DH likes golf and watches but there's only so much you can play and tell the time.

We're bloody lucky to be in the position that we're in and we count our blessings every day.

Marketing and IT.
Nowhere near 11K but still well-off.

Hedgefund manager. OH went to comp. No one went to uni from his school. He worked very hard. between £100,000 and £6m depending on the year. We have a lovely lifestyle but am not nearly as well off as you would imagine. Don't forget nearly half of that goes back in tax. On a bad year the salary only covers the school fees. Am in no way complaining.

DH is a lawyer in a law firm. But he has worked exceptionally hard to achieve his earnings. The pressures increase rather than decrease the higher up you get. Also the pressure of his job has meant that I have had to take a step back from my career in order for our children to be looked after outside of core childcare hours. Also our outgoings are frightening - huge mortgage, nanny and our ability to budget and manage money is affected by lack of time..

As PP said, I too am in no way complaining.

DH gave up IT work for an investment bank because it was boring just before we met. Still, we met on the grad scheme we both joined after so I probably wouldn't have got my hands on all that lovely cash if he hadn't left!

We earn comfortably over £100k but I'm boggling at these subs and jealous of people who love doing the stuff that happens to also pay a massive wedge!

Lots of friends will soon by very wealthy purely down to inheritance.

What do you even do with 11K a month?

It makes excellent kindling for the new wood burning stove that I have just had installed.

I definitely don't think we are minted but these things are relative! £11,000 a month doesn't sound like much, unfortunately.

Just about fell off my seat laughing at that one

Oh, how the other half live Come stay with me for a week, I'll show you just how far I can make 1% of that figure stretch!

OH and I are both lawyers in the City- he is an equity partner.

Most of our money goes on mortgage and school fees- we don't have a particularly flash lifestyle (although obv we could have chosen to live outside London and not send kids to independent schools, and we'd then have more spending cash).

As a route to wealth I wouldn't recommend City law unless you love it and are good at it- the hours are brutal and there are far more people who don't end up earning lots than do.

Own business in the aviation sector.
But very variable "take home pay", so can be either maybe £5k a month or we've sometimes hit £20k a month.
And it's been bloody hard work for many years (we are neither of us in the first flush of youth!)

I'm interested by the huge numbers who mention private school fees here.....not surprising I suppose, as affordable for the wealthy.

Just wondered if any of these 'minted' families are still choosing to state educate? I realise that often Independent schools offer more wrap around care which might be useful to those working long hours. And I also wonder if it was just taken as a given that they would privately educate as that was what their colleagues were doing, or if State was seriously considered and investigated. Sorry....not really focus of the thread, but all the comments raised these questions in my mind. No criticism of choosing independent education, by the way...just interested in the thought process.

ChocWom. We privately ed because we can afford to. Wrongly so I'm annoyed by a couple who are well off lawyers I know who went down the church school grammar route. I felt it was wrong not to leave those places for someone who couldn't afford the option.

DH = Ops for a big investment bank. Great work/life balance and excellent pay. He was previously in consulting and working 90-100 hour weeks for less money.

Me= Management for a big university. I did the same job in the UK and got paid a pittance, but moved to the US and almost trebled my salary. So gone from painfully broke to lots of disposable cash.

Take home around £200k between us pre-bonus. We save a lot of it though, so live fairly frugally other than having a nice flat, posh holidays, and dog walker/doggy daycare for our dogs as we both work full time.

Homeschool children and he's a gas engineer. In the winter he can earn between £4-6,000 a month in the summer £2000. I am planning on making changes I am studying at the moment I want to work for myself. I have done what I had to do with the children and now they are all starting to go to boarding school. I have to start working next year to contribute to the fees I have enjoyed home schooling the girls things are changing now. This time next year I will only have a 2 year old by my side I would've removed some of the pressures from my shoulders.

We did prep school and they've moved to one of the bet state schools in the country. Actually, youngest is still in prep but will follow siblings. Why? Because we loved the school and they are by no means the only children from affluent families there, most of their friends are similar.

We use the money we saved on fees for experiences, the DC are very well travelled and can try out pretty much anything they like. We tend to go away 3-4 times a year with the DC's and once a year alone.

I'm sending my girls to a state boarding school its half the fees that you would pay to go to an independent day school.

We state educate. We don't like the private schools here so haven't gone down the route.

I wasn't privately educated, neither was dh and we are doing well. So it wasn't a must for us.

Also we couldn't afford private when dd was younger and she wouldn't want to leave her friends.

DD goes to Private Secondary, we weren't earning as much when she started school and as she was happy and thriving we didn't see the need to move her. DS is still at the state Primary and as long as we feel he's doing fine there he won't move until Secondary - plus the workload is a lot more at the Private School and I feel DS is still too young to be put under that kind of pressure.

I am being selfish for wanting to return the children back to school next year and build a career. I have been a SAHM for the past 12 years.

What amount of staff are generally on the superyachts

There were 8 crew on one we chartered. I don't think it was a superyacht though. Ours was 33m and I think superyachts are bigger? It had 1 master, 1 VIP and 2 twin berths, a sitting room, dining area and bar on the upper deck with sleeping quarters on the lower deck. We've chartered smaller ones with 2 or 3 crew too.