To think people with money would never understand

[Canfeelamozzieflyingaround]

I live in an affluent area, we have a nice, but average house, I’m from a middle class background (I think!) but one parent from a working class background, all very down to earth.
I have a good job, degree educated, but it’s not a well paying job. In the holidays I supplement by doing some childcare/babysitting. I often babysit for wealthy people. Just being in their homes and everything about the way they are and the things they have is so different.
They would have no idea, for example that we live basically month to month and these little nights working for them pay some small bills or afford a small treat for my dc…to them it would be nothing.
Even the things they fill their fridges with and the sun creams and toiletries used (not snooping! Some on tbe coffee table, on the toilet etc)
I don’t know..I always feel less of an adult when I leave and wonder why my life didn’t go like this and theirs did

So…she should shack up with someone just to be better off?

Well, its just as well most parents aren't like you, my DD wanted to go into healthcare and i encouraged her, it was her dream to help others.

She left to work in Aus because the UK Govt treated her like shit on their shoe, she now earns twice as much, far less hours and is well treated.

We need teachers, you needed them to get an education, you also need healthcare workers but then your money you ve spent your life earning.. will be used to pay for them!

Its got diddly squat to do with "vocation" that's just what people with wealth and power call it to excuse the shit wages they pay essential workers.

This is what's wrong with the UK, Corporate Finance, which we don't "need" pays a fortune but teachers and nurses etc, which we do need, earn peanuts and are looked down on ...

@Alexandra2001

I work in Corp finance in the UK and get paid less than a teacher, nurse etc.

Where I am public sector workers are rolling in it.

Your comment was offensive to put all corp finance into one bucket. Teachers and nurses are very well paid in the north of england. Give me strength.

What on earth are you talking about? Of course we need public sector workers - healthcare, teachers etc. I was just making the point that you don't choose to be a teacher, for example, f you want to be rich. Pretty straightforward fact and not particularly controversial. I think telling your kids to look at the holistic outcomes and potential opportunities of any chosen career is just basic parenting tbh.

We also can't have a nation full of public sector workers, because then we wouldn't have an economy.....

Controversial on the other hand, might be taking your NHS training overseas.....but that's a different debate!

Give me strength indeed!!!

I was reply specifically to a poster who said they would discourage their children from becoming a teacher/nurse etc as they wont earn much and she does by working in Corp Finance....

I appreciate that Corp Fin covers a wide wage range, just as say Teaching does, an Academy Head in an inner city area will earn a vast amount more than a newly qualified teacher....

I was reply specifically to a poster who said they would discourage their children from becoming a teacher/nurse etc as they wont earn much and she does by working in Corp Finance....

Except I didn't say that at all, did I?! Major extrapolation from you there. I just said that when thinking about careers, children should think about the impact on their future lifestyle. We all need to make choices and cut our cloth accordingly. Basic reality.

Controversial on the other hand, might be taking your NHS training overseas.....but that's a different debate!

She left the NHS after being put on a sickness disciplinary for daring to catch Covid 3x and then flu (all caught via her work) final straw really.

But its interesting you obviously think those in a vocational job should stay there, regardless..... and no you don't think we need nurses etc, you ve just said you'd actively discourage your kids becoming one as they wouldn't earn enough but all ok for other peoples kids to do this work?

As i said the issue isn't that Corp Fin earn too much, its that essential workers (private and public) earn too little.

Well not really. You can’t predict how successful you will be in anything. If you want to earn more as a teacher become a head teacher, most other jobs have ceilings if you don’t take on management responsibility.

@Alexandra2001

You were very strong on your opinion of how teachers and nurses are treated and paid peanuts. I am sorry starting salary of 30k, average wages of 42k are not peanuts. Mat pay 10 times what I would get. Pensions 6 x mine even though I pay in more. 35 days holiday as standard vs 28 for everyone else.. They do not get respect because you are out of touch with what peanuts is! They are well paid and are well treated. The fact you think its peanuts is crazy...

You also said my job was not needed. Every job is needed for a functioning economy and your attitude sucks. My job is equally as needed as your daughters thanks very much... oh and shes paid more than me and treated better.

Fyi I am chartered so not a newly qual and even the starting salary of a teacher is more than most professional jobs north of M25 !

Erm yes? Most jobs have ceilings so you use that information to inform your career choice. I wouldn't say that head teachers are rich, in my contention, but they may be by some peoples standards.

I really don't think it's controversial to tell your kids that future salary considerations might be one part of career decision making. It's doesn't have to be the defining decision point but they should be aware of it.

I'm self employed
I get paid by bank transfer all the time with new clients. It's instant

Oh come on the salary prospects if you are a successful teacher are good.

Only a tiny minority of people get rich through working for other people. Mostly it’s entrepreneurs and those with family money who are rich. Not professional people of any profession.

@Bacon88 Sorry but 28k is peanuts (Band 5 for 2 years) you d not be able to buy a house in Plymouth with that, as for 42k? BS, thats not an average AHP salary on std hours.

Well, the pandemic showed who and what we need and its not invented jobs.

Go become a AHP if you think its so great? Get attacked, shouted at, shit on, vomited on, pissed on, catch every infection going? You know all the things they never tell you when you sign up.....

There is a reason 29 out of 30 newly qualified Midwives quit within 2 years.

You got that staff turn over in your job?

Google tells me the average headteacher salary in the UK is £67k. That's OK but it's nowhere near 'rich' in my view. Of course, some might earn much more and they'd be a minority.

Anyway, my point was still that you educate your children on the salary prospects of their chosen career. Do you object to that for some reason?

Saying "you work in corp finance" is basically meaningless.

There are hundreds of different roles inside corp finance: compliance, risk, accounting, actuarial etc.

Some are well paid, and some are not.

So, it will depend on what your role and seniority is.

Oh god what a whiney post

@Alexandra2001

28k in the north where I live is a good salary . FYI my mother in law is a nurse and she earns a lot more than 28k as a band 5. They do not std hours do they??? They get lucrative shift premium and bank shifts...

I knew the get the job then was coming. CLASSIC. Well in 2012 I applied to 6 unis to be a midwife. I had AAB at A level and 2A* 5A 4B and 1C at GCSE. I did not get a single offer. I ended up doing a £2.30 an hr apprenticeship in finance. So you are way out of touch. In the north public sector jobs are sort after as they pay far better than anything else. All jobs here go on nepotism!!

My brother had a 1st class degree and is a qualified maths teacher. He couldn't get a job within 65 miles of our home. He did a temp job in a school and a perm came up a new girl showed up and got the job over him. Turns out her mother was the former deputy head. Nepotism not talent in the north.

Without my job there would be no money to pay public sector workers. We can't all work for the state.

Fyi accountants have one of the highest rates of suicide in the country.

Get in the real world...

£28k isn't a good salary and I live in the north.

@TheThinkingGoblin

I am a chartered accountant and I have been a Finance Managers. So senior finance. Companies do not pay well in the north west of england. To say a nurse and a teacher is paid peanuts is ridiculous as the salary is the same if you live in a shit part of the uk or not. From where I am sat they have highly paid jobs.

My husband works in a packing factory on a lot less than a teacher and its not down to lack of education. Public sector jobs are highly competitive in poorer areas and usually go on nepotism because they are well paid compared to everything else.

ALEX lives in Plymouth which is a wealthy area in my eyes so lacks perspective on the rest of the UK.

Surely in all careers some people rise to the top and others don’t. Some people are just better at their jobs then others. Any teacher living in an expensive area could easily get a job in a cheap area and make themselves reasonably well off. Ditto doctors and nurses. It’s not necessary to live in an affluent area and get jealous.

I would say working in the school holidays is a bonus too. Most don’t get long holidays to get extra work. Therefore we all want more money and some work out how to get it. Go self employed. It’s all down to you then. Sink or swim.

@ndjdjdjjdjdjd

I think that's a Lie. They start on 28k and that's for like std day shift. My MIL is a nurse and she easily pulls 42k a year with the shift premiums (she moans about how poor she is all the time thats how I know). Not forgetting the full benefits package is worth another 20k on top. Maternity pay, holidays, sick pay and pension far outstrip the private sector

Exactly

Where is this magical land where teachers and nurses are 'rolling in it'?
Teachers' are paid on a national scale with those on the London scales being paid slightly more.

Well yes but 'the top' is pretty defined in public sector jobs. Im really not sure what your point is?

Mine is only that I will tell my DC if they want x kind of house/disposable income/holidays etc, then they need to earn xx. DC often have little conception of how much money is actually required for these things. Then they can make an informed decision- which may include the lower paid option!

If you're trying to suggest (not sure what you're suggesting) that you could become wealthy in all jobs if you rise to the top, I think that's just plain delusional really. E.g director level civil servant earns less than middle management in my organisation so its all relative.

I strongly believe that compound interest as it relates to debt should be compulsory on the school curriculum.

I'm a debt counsellor and 95% of the reasons why my clients are there is because they spent on credit not truly understanding the impact of the repayments

We used to do a programme with Year 9s about financial things, credit card interest, compound interest etc were addressed, explaining why if you bought something at 10% interest in reality the interest rate was much higher. The obstacle we faced all the time was 'but we want it now, we don't want to save up' and some parents objected because they felt we were criticising their use of credit!