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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

I earn a 6 figure salary...

552 replies

herehearher · 09/07/2022 09:49

Just reading another thread and pretty much every post is going on about "6 figure salary" - as if this is some sort of meaningful marker.

But obviously there's a massive difference between someone on £100k and someone on £900k. So by "6 figure salary" are they just essentially saying they earn around £100k? If they earned £250k, how is it acceptable to describe that?

OP posts:
sst1234 · 09/07/2022 20:29

IVFPrayingForBioChild · 09/07/2022 18:33

Wrong.

I'm a child of immigrants.
My social circle are mostly children of immigrants.

Our poor immigrant parents worked hard in crap jobs and bought their own houses and rental properties.

Me and my fellow immigrant stock are ok earners as stated earlier.

So if we can do it anyone can.

Your country, your language - you don't even have the barriers we had.

Work hard, study hard, believe in God, get paid well.
Life will throw many other negatives at you - might as well sort education out as it is free.

This concept is too hard to grasp for many. Everytime they see someone self made they are quick to point out every disadvantage they avoided even if it was that they didn’t get run by over by the bus. Yet they are not prepared to accept that a sizeable majority does not avail themselves of the advantages on offer for free.

Right place, right time matters, of course. The difference is that hard working people tend to take advantage of it when they find themselves in the right place at that right time and add hard work to the mix.

sst1234 · 09/07/2022 20:34

Topgub · 09/07/2022 20:23

@sst1234

Yeah I was asking you, I didnt see you answer it?

You seem to do this a lot. Wilfully ignore the points made and the flow of the thread, narrow in on a red herring question. It just makes the debate a bit primary school level. You know that no one, including myself, have said that only the 1% work hard. The debate is far more nuanced and advanced than that.

Either keep up or go back and read the responses.

Topgub · 09/07/2022 20:40

@sst1234

Awwww, you're a fan. How nice.

I have read the responses. There's lots of denial of the reality for the vast majority and of the luck for the minority. You can work hard and still be lucky you 'made it' when other can't

You said, hard work pays off.

It clearly doesn't for 99%.

IVFPrayingForBioChild · 09/07/2022 20:41

Topgub · 09/07/2022 19:38

@IVFPrayingForBioChild

How come God only helps 1%?

Not everyone is blessed.
I'm hardly blessed, I'm undergoing IVF.
Luckily I've got the money to pay for it.

You have to at least work hard and better yourself to have God's blessings.
God won't bless people that won't help themselves.

If you sleep your destiny sleeps with you.
If you get up, do something, educate yourself - destiny awakens, you'll be blessed if God wills it.

If you at least bother to take maths and sciences at A-Level you have a chance of becoming a doctor & if you don't God can't help you become a doctor if you can't be bothered yourself.

Obviously, it's a belief system. One that I believe. One I see that works.
God doesn't owe you anything.
Options are there for everyone.

A refugee from a war torn country with limited education becomes head dinner lady at the local state school primary is an achievement. More of an achievement than Prince William waving at the masses.
Both are blessed by God - the dinner lady worked harder.

So in that same vain education will lead to blessings - they won't all be £100k plus blessings.

The meaning of life is struggle - You don't come to this earth to be handed everything on a platter.

WhileMyGuitarGentlyWeeps · 09/07/2022 20:44

SavBbunny · 09/07/2022 16:57

An interesting thread. I am a high earner. With bonus, £300k. I have also worked for minium wage in covid as I was self employed at the time. It was very hard physical work. I have also been in rented accommodation since the last crash as I had to move to care for my parent. I had to resign, use my savings and after he died had £30 to shop some weeks. No one was hiring and I was desperate. The recruiters could smell it!
However I am an expert in my field and I have gone on to have a track record of company turnarounds or sales under my belt. I now get lots of offers however with each job comes huge risk. I have to have a successful strategy or I am fired. Big money, big risks. And 16 hour days since I was 25. No tucking in my children or holidays off. Would I do it again ? No.
I am happy to pay my taxes. Make sure any pension is paid into a open market pension. Final salary schemes will not let you access that money at 55 without huge penalties!
Oh and I lived on a council estate as a child. Went to Oxford but no one knows.

🙄

WhileMyGuitarGentlyWeeps · 09/07/2022 20:45

naver · 09/07/2022 20:24

Me: £390k (£250k base + £140k in bonus and stocks) = Solutions Architect

DH: £800k - £1.5m = private practice counsel in public policy and international human rights

We both studied in our home country and post graduate (with scholarships) in UK (dh - LSE)/US(Harvard - me) and but I work for US company and DH advices international companies and some despots politicians/governments.

And no I do not think I am privilleged and hardly think about money except how to use it to give my children advantages we did not have.

But, yes, we have large houses in the UK, US and home country.

Sorry for poorer English - not first language.

Another... 🙄

Topgub · 09/07/2022 20:47

@IVFPrayingForBioChild

I work hard (harder than most). I'm degree educated with professional qualifications.

I'll never even '6 figures'

Good job I dont believe in god eh?

WhileMyGuitarGentlyWeeps · 09/07/2022 20:48

@IVFPrayingForBioChild

Wrong. I'm a child of immigrants. My social circle are mostly children of immigrants. Our poor immigrant parents worked hard in crap jobs and bought their own houses and rental properties. Me and my fellow immigrant stock are ok earners as stated earlier. So if we can do it anyone can.

Your country, your language - you don't even have the barriers we had.
Work hard, study hard, believe in God, get paid well.

Life will throw many other negatives at you - might as well sort education out as it is free.

I literally don't even know where to start with this one... Biscuit

naver · 09/07/2022 20:53

@Topgub

I doubt choosing to be/study "noble professions" will get you 6-figure.

IVFPrayingForBioChild · 09/07/2022 20:54

What are your qualifications?
What subject?
Which career path?
Maybe someone here can give you career advice.

How do you know you work harder than most?
You work harder than a heart surgeon, do you?!
Work harder than a CFO?
Maybe work on humility.

naver · 09/07/2022 20:58

@WhileMyGuitarGentlyWeeps

Except that it is true. Course of study (IT vs social work (all respect to them), career choices (children later in life, targeting promotions, etc) hard work (long hours) are mostly part of it - luck less so.

Topgub · 09/07/2022 21:01

@IVFPrayingForBioChild

I dont want or need career advice. I'm doing very well in my career, thanks.

I know I work harder than most because I know my job role.

@naver

And that is exactly the problem. The idea that lower earners dont work as hard as higher earners is a nonsense. We just value the wrong things

naver · 09/07/2022 21:10

@Topgub

Low income earners, work just hard often physically demanding work - warehouse and construction site workers as an example.

But you can't choose to study a 4/5 year degree to become a teacher, nurse, social work, etc and compare that to business-type studies degree. Both will likely work similar hours but accountant will likely get more and have greater scope of growth.

It can't be that MN has a signifcant number of posters who show absolute disdain for high earners.

gnilliwdog · 09/07/2022 21:11

@IVFPrayingForBioChild I don't think the gods give a crap about our worldly success. They are more interested in how you treat others, I should think.

Topgub · 09/07/2022 21:17

@naver

I'm not sure what point you're trying to make

I'm aware accountants can earn more than nurses.

They dont work harder.

Hard work is not linked exclusively to earnings

I have disdain for the system that rewards and values the wrong things.

I dont have disdain for higher earners unless they fully buy into and support the system

TyneTortoise · 09/07/2022 21:20

@Topgub but the issue here isn't whether 'lower earners' work harder than higher earners.
It's the idea that all higher earners have somehow had things handed to them on a plate.
And by extension the 'poverty of aspiration'. People thinking THEY couldn't possibly be higher earners, unless they're white, middle class, etc, and that loads of people on MN are lying

IVFPrayingForBioChild · 09/07/2022 21:21

The material success is your reward not to be burdened by poverty and hardship.

The material success is a responsibility to partake in social reform.

God hasn't made this society.
Humans have.

This is how the Western world works - so learn to live in its footprint.

Rich people treat poor people very well - they pay most of the tax in this country for a start.
Many contribute to charities.
Why should they become paupers to satisfy people that can't educate themselves and at least take advantage of free education.
Student loans are very cheap, not a barrier.

IVFPrayingForBioChild · 09/07/2022 21:23

Do you even know what an accountant does?!
What exactly is your profession?
You don't know anything about business and commerce.

Topgub · 09/07/2022 21:25

@TyneTortoise

That is the issue.

Pp said lower earners often work harder than higher earners and that there is usually an element of luck involved and the higher earners took great offense.

Statistically speaking (all data backs it up) wealth inequality and social mobility mean that you won't break out of the socioeconomic group you're born into.

Thats a fact.

For 99% of the population.

I dont know why people take such offence to it.

If you have gotten out of poverty that fact should make you proud. Not annoyed. And you certainly shouldn't be pissing on those who didnt/couldn't

IVFPrayingForBioChild · 09/07/2022 21:28

Then why do so many second generation children of immigrants do well?
Or is that data just for the natives of UK?

TyneTortoise · 09/07/2022 21:34

@Topgub what data is this - can we have a link?
It's not true that 'everyone' can become a higher earner.
However I do believe that it is possible for a larger number of people than we think.

Topgub · 09/07/2022 21:36

@IVFPrayingForBioChild

Whats the social mobility/wealth inequality like in the country your parents immigrated from?

Heifje356inw · 09/07/2022 21:38

IVFPrayingForBioChild · 09/07/2022 21:28

Then why do so many second generation children of immigrants do well?
Or is that data just for the natives of UK?

Actually that really depends on which second generation migrants you talk about. There is a very strong correlation between middle class migrants moving and their kids doing ok. Migrant kids from a working class background dont tend to do so well. Look at the data

gnilliwdog · 09/07/2022 21:44

Higher/lower, rich/poor are binary opposition's. One can't exist without the other. If you are rich it's because someone is poor. Otherwise you would just be normal. Of course it isn't easy to escape poverty, it was never meant to be. And it won't be easy to do without exploiting someone else either. That's the system.

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