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Share your dilemmas and get honest opinions from other Mumsnetters.

Why is it taboo to discuss finances on mumsnet if your considered rich ?

401 replies

Hawkins001 · 17/12/2022 19:20

don't want to make this a thread about a thread, but if your earning say around 90k etc, as an example why is it taboo to try to discuss spending priorities in the current climate ?

we live in a capitalist society, and their has always been different levels of wealth across all sectors of society,

So is it a case of everyone has to wait until a certain level has been achieved across society before the rich or perceived rich can discuss spending priorities on mumsnet ?

OP posts:
Redebs · 17/12/2022 20:52

Hawkins001 · 17/12/2022 19:27

That's what puzzles me,.It's almost like unless everyone is in the same boat, then you can discuss the topic, so then it's like when is it acceptable to discuss

OP obviously didn't invest in education.

Hawkins001 · 17/12/2022 20:56

mondaytosunday · 17/12/2022 20:51

Because MN is hypocritical. For example, you can have endless posts about baby names, nub theory, etc etc, which doesn't seem to offend those who are infertile or desperate for a baby. But mention that you are a high earner and have an issue with X or an opinion about Y, and suddenly you are tone deaf and not 'reading the room'. Maybe there should be separate sections for different income brackets to avoid offence.

That's very good perspectives, it's a mystery at time's

OP posts:
LolaMoon · 17/12/2022 20:56

Surely this depends completely on the tone of the post? I don’t care what others earn but some posts are quite tone deaf in terms of the way they are phrased and I’m not at all surprised they get a negative reaction as a result. Eg if you earn 100k and over and are complaining that you can’t afford the upkeep on your two horses or you’re gutted that you are only having two Caribbean holidays this year and had to cancel the spring trip to Monaco then don’t be shocked that you don’t get drenched in sympathy. A bit of sensitivity to other’s circumstances is a very attractive and admirable trait.

Hawkins001 · 17/12/2022 20:57

Redebs · 17/12/2022 20:52

OP obviously didn't invest in education.

and your point is Sherlock ? Have a gold star 🌟

OP posts:
Hawkins001 · 17/12/2022 20:58

LolaMoon · 17/12/2022 20:56

Surely this depends completely on the tone of the post? I don’t care what others earn but some posts are quite tone deaf in terms of the way they are phrased and I’m not at all surprised they get a negative reaction as a result. Eg if you earn 100k and over and are complaining that you can’t afford the upkeep on your two horses or you’re gutted that you are only having two Caribbean holidays this year and had to cancel the spring trip to Monaco then don’t be shocked that you don’t get drenched in sympathy. A bit of sensitivity to other’s circumstances is a very attractive and admirable trait.

That I can understand both sides of the debate,

OP posts:
Florenz · 17/12/2022 20:58

Maybe there should be a MN sub-forum for wealthy people?

Redebs · 17/12/2022 20:59

Hawkins001 · 17/12/2022 20:57

and your point is Sherlock ? Have a gold star 🌟

My point isn't Sherlock.
Thanks for the star.

Hawkins001 · 17/12/2022 20:59

converseandjeans · 17/12/2022 20:51

I don't have an issue with people earning more. As a PT teacher my income is nowhere near some salaries quoted on here.

I do have an issue with people on £90k saying they are feeling the pinch. I think the recent credit crunch is affecting the higher earners now & so they are suddenly experiencing a little of what the rest of us have had to experience for years.

I'm not on as low an income as some others (tho they may get tax credits) and often have no cash last week before payday. Never taken kids on a proper holiday abroad. Can't afford meals out. However we can pay our bills & heat the house & buy food. So it would be tactless for me to complain to someone on a zero hour contract for example.

I can concur that good spelling and grammar doesn't mean you are guaranteed a high salary!

I appreciate your perspectives, I did not focus much when learning English and hence my lacking writing abilities.

OP posts:
LolaMoon · 17/12/2022 21:00

mondaytosunday · 17/12/2022 20:51

Because MN is hypocritical. For example, you can have endless posts about baby names, nub theory, etc etc, which doesn't seem to offend those who are infertile or desperate for a baby. But mention that you are a high earner and have an issue with X or an opinion about Y, and suddenly you are tone deaf and not 'reading the room'. Maybe there should be separate sections for different income brackets to avoid offence.

But surely these topics would be on the baby topic chats so if someone was infertile and highly sensitive about it they wouldn’t be visiting those chats in the first place 🤷‍♀️

Hawkins001 · 17/12/2022 21:00

Redebs · 17/12/2022 20:59

My point isn't Sherlock.
Thanks for the star.

Your welcome, and that aside merry Christmas.

OP posts:
Pleasebeafleabite · 17/12/2022 21:01

Florenz · 17/12/2022 19:53

Only about 2% of UK households earn £90,000 or more. And that's households, not individual people. If you're in the highest earning 2%, you're rich.

Rich is assets not income

Hawkins001 · 17/12/2022 21:02

LolaMoon · 17/12/2022 21:00

But surely these topics would be on the baby topic chats so if someone was infertile and highly sensitive about it they wouldn’t be visiting those chats in the first place 🤷‍♀️

That's what I would presume with e.g. The finance ones, ect was if it's not your cup of tea so to speak, then people would read other topics, but some people just pile on and it's like omg 😲

OP posts:
Hawkins001 · 17/12/2022 21:03

Florenz · 17/12/2022 20:58

Maybe there should be a MN sub-forum for wealthy people?

Some times I wonder if that's option would be more or less helpful overall.

OP posts:
fallfallfall · 17/12/2022 21:08

I suppose if I wanted to chat about my investments, my bank and the financial consultants fees and other short and long term strategies I’d do it in the money section.
that aside I certainly see and often disbelieve the competitive race to the bottom. From cost to feed a family of 4 to right now the heating threads.
honestly I’ve never ever ever heard of someone not heating their homes.
I do think it’s important for people to know of and learn about financial management and just like the super helpful lot on a variety of threads (education, property both come to mind) it would be nice to have more activity in the money financial section.

name78change · 17/12/2022 21:08

It can be hard to pitch a situation if you need/want to talk finances, as can be seen on this thread; on £90k if you don't preface your awareness of your privilege you get told to read the room, but go in too hard on the recognition you get put in your place being told it's not that much.

Hawkins001 · 17/12/2022 21:09

name78change · 17/12/2022 21:08

It can be hard to pitch a situation if you need/want to talk finances, as can be seen on this thread; on £90k if you don't preface your awareness of your privilege you get told to read the room, but go in too hard on the recognition you get put in your place being told it's not that much.

Humans are a puzzlement at times

OP posts:
Hawkins001 · 17/12/2022 21:09

fallfallfall · 17/12/2022 21:08

I suppose if I wanted to chat about my investments, my bank and the financial consultants fees and other short and long term strategies I’d do it in the money section.
that aside I certainly see and often disbelieve the competitive race to the bottom. From cost to feed a family of 4 to right now the heating threads.
honestly I’ve never ever ever heard of someone not heating their homes.
I do think it’s important for people to know of and learn about financial management and just like the super helpful lot on a variety of threads (education, property both come to mind) it would be nice to have more activity in the money financial section.

Excellent perspectives,

OP posts:
whumpthereitis · 17/12/2022 21:18

We all have our own frames of reference, and our own perceptions as to what ‘the pinch’ feels like.

I do agree, OP. I tend to think that if someone doesn’t like what they’re reading in terms of an OP’s wealth then there’s always the option of not engaging in their thread. There isn’t just the one room to read.

opalescent · 17/12/2022 21:24

I can absolutely see the unfairness of feeling that you can't talk about your situation if you are wealthy.
I guess (from the perspective of someone who is not a high earner), it's just tough to hear. It's not the fault of anyone who is financially comfortable. It's just always going to be a tough listen if you are struggling to make ends meet. And yes of course, there is the option for people like me to find a different thread to read. Maybe it just brings out the green eyed monster. It's not a good look on any of us. No one's fault, just one of those things.

burnoutbabe · 17/12/2022 21:30

I. Real life though you'd discuss the situation with a close friend who is similar or maybe someone at work at sane level.

Here, anyone can poke their head into a thread and then be upset about it. Which is the equivalent of having a chat in a coffee shop and the person next to you leaning over to tell you to "read the room" (assuming you were chatting at a discreet level)

PinkArt · 17/12/2022 21:39

It's just embarrassing to try to argue someone earning £90k - who is in the top 5% of earners in the country - isn't rich. Where on earth is the rich bar set if it's not earning more than 95% of all the other people in the country?!
There might be times someone on even £90k doesn't feel well off, but they really are and I think that's when people take offense at the tone deaf posts.
There's nothing wrong with talking about money, but claiming to be struggling on £90k when you have options, however drastic they might feel, to reduce outgoings is just offensive when there will be people reading on barely £20k would can only dream of 'struggling' like that.

whumpthereitis · 17/12/2022 21:40

As far as what society is ‘meant’ to be, I’m not sure it’s ‘meant’ to be anything. it’s not something that was designed with a specific purpose. If anything, considering that wealth inequality to a greater or lesser extent is observable throughout societies since records began, as well as human inclination in regards to the development of hierarchies, I think the idea that as a species we are naturally socialist is at best wishful thinking.

Capitalism, like socialism, is a human creation. No system is conceived of or imposed by a power outside of ourselves, they are created and supported by us. Surely testament to the complexity of human nature.

My parents are from socialist countries, and I spent part of my childhood in one. Wealth inequality was significant, as was the desire for the opportunities provided by capitalism. Ironically my parents’ experiences were the primary motivator for them both to accumulate the wealth they did. Economic theory is all well and good, but the reality is often (if not always) wildly different.

whumpthereitis · 17/12/2022 21:46

PinkArt · 17/12/2022 21:39

It's just embarrassing to try to argue someone earning £90k - who is in the top 5% of earners in the country - isn't rich. Where on earth is the rich bar set if it's not earning more than 95% of all the other people in the country?!
There might be times someone on even £90k doesn't feel well off, but they really are and I think that's when people take offense at the tone deaf posts.
There's nothing wrong with talking about money, but claiming to be struggling on £90k when you have options, however drastic they might feel, to reduce outgoings is just offensive when there will be people reading on barely £20k would can only dream of 'struggling' like that.

Does it matter that it’s offensive to someone is doesn’t apply to? Does it being offensive mean that it suddenly ceases to be an issue for an OP, or that they shouldn’t be able to talk to others in a similar position?

Being offended doesn’t mean other people have to shut up to appease your sensibilities. Barring hatefulness and agitating for harm, being offended is a ‘you’ problem to deal with. No one is being forced to engage in a thread where someone wealthier is talking about their financial issues.

LolaMoon · 17/12/2022 21:49

whumpthereitis · 17/12/2022 21:46

Does it matter that it’s offensive to someone is doesn’t apply to? Does it being offensive mean that it suddenly ceases to be an issue for an OP, or that they shouldn’t be able to talk to others in a similar position?

Being offended doesn’t mean other people have to shut up to appease your sensibilities. Barring hatefulness and agitating for harm, being offended is a ‘you’ problem to deal with. No one is being forced to engage in a thread where someone wealthier is talking about their financial issues.

Having thought about this further I think you’re totally right. I lost my mother young and sometimes it really hurts to hear others moaning about their mums wanting to call them all the time because I’d give anything to have that problem. However, that’s not their fault, it’s my issue and I cannot expect people to never talk about their parents. Our emotional triggers are our responsibility to deal with because every single topic that exists will be sensitive to someone out there.

dancingqueen123 · 17/12/2022 21:50

You're

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