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Share your dilemmas and get honest opinions from other Mumsnetters.

How much £ would make a huge difference to your life?

147 replies

RainbowMum11 · 13/04/2019 00:52

I've just been thinking about it, reading the lottery thread.
How much money would make a huge difference to your life?

For me, £10k would pay off my debt which is because of divorce costs & SSP following my mental breakdown.

If I won more, it would give me some time to consider my working future.

What about you?

OP posts:
ZippyBungleandGeorge · 13/04/2019 05:09

Would have to be a lot maybe £3 million would pay off the mortgage and allow us both to give up work which I view as life changing, anything else would be nice. Maybe £500,000 would pay off the mortgage, build the extension/kitchen of my dreams, exciting holiday, be car for DH and I could go part time until DS started school, but would be the minimum to have a real affect on our lives.

Ellenborough · 13/04/2019 05:22

600k

I’m reasonably well off already but that would be enough to give each child the chance to buy a small house or flat to start them off without the need to have a mortgage, or just a tiny one. That’s the thing that obsesses me lately and the only thing I really want out of life now.

(Except perhaps a facelift.)

AwkwardSquad · 13/04/2019 05:58

Enough money to buy outright a decent detached property - nowt fancy, but in a reasonable area with a bit of land, with a small pot left over for improvements/sense of security. That would be heaven. £300k would do it.

For it to be totally life transforming, if I won the lottery type fantasy... a few million. To be able to give up work with no qualms, have a good life, help family, indulge a few social-good type ideas we have. It’d be amazing. We don’t actually play the lottery though, so ‘if I won the lottery’ fantasies are even more futile than usual!

Maneandfeathers · 13/04/2019 06:02

20k would be quite life changing for us in that we would have no debt.

200k would pay off our mortgage and so change our life considerably!

OneThreadOnly0101 · 13/04/2019 06:10

500k would be useful. 1million+ would be life altering. 5million I'd stop work immediately 😂

Tumbleweed101 · 13/04/2019 06:24

Anything over £100k.

It would allow me time to do a degree and not worry about paying the bills or it would allow me to drop to part time and write my novels. I’d be able to put time into improving myself rather than working just to keep up with the bills.

It would have to be over 1 million for it to be completely life altering in the sense of a new house/area and life style though.

Laura221 · 13/04/2019 06:32

£20,000 would be life changing for me in the way it means we would have most of our debt payed back so we could save ourselves the £700 a month we pay on that and instead put it away for a deposit.

I wouldn't want to give up work or anything so if it was a huge amount just about £250k to buy a house out right. And maybe throw in a bit extra for a fancy holiday if your offering 😁

user1493413286 · 13/04/2019 06:33

I inherited 50k and it allowed us to buy a house which has made a huge difference. Now if we won enough to pay off our mortgage it’d make a massive difference as that spare money each month would be the difference between money being tight and us being comfortable and able to go on nice holidays

tomhazard · 13/04/2019 06:34

50k would help us to move into the house that would be better for our family, without increasing our mortgage to an unaffordable amount. 300k would change our lives.

Littlechocola · 13/04/2019 06:35

An extra £200 a month would do it for me. I don’t need big bucks.

florence11 · 13/04/2019 06:35

£150k. Would take a big chunk off out £250k mortgage. We are both late 20s and can't overpay much at the minute and it's by far our biggest outgoing.

AdamAntsCrackpotHistory · 13/04/2019 06:37

350K would enable me to pay off mortgage, do up the house, put sizeable amount aside for DS's future and do a career change before it's too late. Ooh, and a holiday where you don't have to worry about paying single supplement!!

nrpmum · 13/04/2019 06:48

£149500. Pays off mortgage and other debt which tree's up £800 per month that we can chuck at pensions and savings.

nrpmum · 13/04/2019 06:49

*free's ...

livingthegoodlife · 13/04/2019 06:53

Enough to pay off the mortgage would be life changing. About £200k. Doesn't seem that much in the grand scheme of things.....

Pianobook · 13/04/2019 06:54

£30k would be nice but £150-£200,000 would make a difference as in it would let us buy the perfect house.

confusedandemployed · 13/04/2019 06:54

I inherited 75k which enabled us to make lots of home improvements, buy a car,have a nice holiday and give up work for 2 years. I always planned to go back. It was fab, DD was small at the time, but the money's all gone now.

To make a difference, £100k would provide a deposit in the place we are moving to without waiting for my own house to sell.

£500k would buy a little house outright, have a bit left over for a holiday and enable me to drop working days. So life changing. And of course I'd still have the equity from this place eventually 😊

ShaggyRug · 13/04/2019 06:56

£200k would change everything for us. We could buy a house that wasn’t falling down around us, pay off debts and have a little safety net left over. We’d still need to work but the fear & worry would be gone.

EmrysAtticus · 13/04/2019 06:57

£36k for us as that is the amount of debt DH has run up secretly. If we weren't paying off that each month we would have oodles of spare money and I would be very happy. We would be moving to a beautiful part of the country rather than trapped in the dump of an area we are now. I work school hours term time only and enjoy working so wouldn't change that. Would just want the debt paid off.

contentedsoul · 13/04/2019 07:00

We managed to pay ALL debts off last year, which has completely changed the whole dynamics. Having learnt our lesson, we live comfortably but frugally....So, within our means.
To wipe the slate clean, learn from your past mistakes is biggest eye opener ever. We are practically invisible to others as we don't wear labels, don't have flash cars, don't buy the latest must haves etc etc.
It's liberating to be freed from the chains of debt....and that liberated feeling brings more pleasure than all the materialistic things we bought in the past.
For us now, £50k would allow us to have a nice family holiday every year, plus a nice house deposit for our child. Clearly £50k wouldn't cover it all, but it would take the edge off having to work and save continuously.

As for the dream of winning ££millions..... I just cannot comprehend what it must be like. I know of 3 lottery winners. All won jackpots, and all 3 are as miserable as sin so I am told.

meow1989 · 13/04/2019 07:06

£13000 would mean I could afford to take another year off when my maternity leave ends in June which would be amazing.

£200k would pay off mortgage.

Dvg · 13/04/2019 07:14

5k to me - 1k for a car, 2k for my debt and 2k to move house :D

HBStowe · 13/04/2019 07:14

£50k would help (could pay back my dad in one go for the deposit he lent us, secure a couple of mat leaves) but to be a genuinely life changing amount (I.e. something we couldn’t ultimately save ourselves and that would really alter our whole lifestyle) I think it would need to be about £750k.

Obviously any money would be nice / a help though Grin

Lolly34h · 13/04/2019 07:16

Right now 1200. To pay off rent arrears before it's took to court

GiveMyHeadPeaceffs · 13/04/2019 07:17

About £90k. It would pay off my mortgage and leave some money for home improvements. I'd continue to work as I like my job and am lucky enough to live close to where I work and where my ds goes to school after years of long commutes.

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