AIBU to think most people have no idea how wealthy people live their lives?

[AnneValentine]

Just that really off the back of a lot of threads but most recently one where multiple people were adamant that the only way it’s possible to have no savings if you have salaries of £200k plus unless one of the couple is squirrelling savings.

Followed up with how do they pay for a broken down car with savings? Hasn’t even dawned on them that people on those salaries don’t have cars that are breaking down.

Is it so hard to believe that money literally eliminates money worries? That you can create a level of security that means savings and such aren’t needed?

Oh it most definitely is if you do it right. There are multiple types of life insurance with good tax breaks for investment, then you can cash it in when you want it. But you're clearly not Swiss bank account type wealthy, so I wouldn't expect you to know that 😉

Tell that to your 134 posts, hon.

Bored. Not the same thing.

I’ve had a nice little nap too.

If you’re a non-wealthy high earner, whereby you’ve come from a modest background, worked hard and extended your line of credit so you can have a detached family home, everybody hates you on mumsnet!

The wealthy with the house and savings think you don’t belong in their group and look down on you and your ‘flashy’ pcp car, not realising you’ve only got a car because your company pay for it and don’t want you driving an old banger to work.

The poor look down on you and think you’re a credit whore and only have that lifestyle because you’ve borrowed your money. What you should do is live in a tiny house and save all your extra income for a rainy day whilst paying a huge chunk of your income in tax for everyone else 🤣

Where I live it’d be very easy to spend 13k net on mortgage, bills and the kids each month without a huge amount left over…:although there would be a bit for savings! Not having savings wouldn’t be the end of the world as a high earner with a big mortgage cause worst case you could downsize and most people have critical illness cover etc.

Is it great? Of course not. You should always have savings. However if you come from nothing but aspire for more, you might well find yourself with no savings. But we hate people aspiring for more in this elitist society so we try to stamp it out from both ends of the spectrum.

Excellent comment. Perfectly articulated my feelings.

But you've said nothing like that, OP!

Except that you have addressed any posters repeating that suggestion and told us that it was the reason for starting this thread. When whatever medication you are taking has worn off you might want to consider why that specific accusation bothers you so much.

In the meantime perhaps we could suggest some good options to watch on Netflix. It would be a healthier way to address your current boredom.

I'm not sure what OP is saying.

But I can tell you that many many people I know deal with rich people and a lot of it is quite unpleasant. Some are petty and count every penny, some are odd and have very low self esteem's, some big egos, and are in cloud cuckoo land.
Many of my friends are top accountants and give advice to the richest, and some are not pleasant. Many friends work with the top footballers, jockeys, pop stars, chefs. I worked for one. I worked for the richest man in the uk.

I have a small amount of savings, but still need to work each month to pay our small house, small mortgage which is coming to an end soon.

I think you’ve definitely been in hospital too long. Hope you feel better soon

Was the nap in the west wing bedchamber of your sprawling estate, sent to sleep being fanned by your servants while being fed grapes?

After all, you are wealthy.

Can’t concentrate for long enough, but, even if could if you think that I’m annoyed you’re way off. Bored. Curious. Amused. Sure.

That's it.

Because in the world of mumsnet wealthy means billionaire.

You're right I’m poor.

Hi @AnneValentine - I came onto this thread for some insight on how the wealthy live their lives as, from this year onwards, DH and I are actually going to be (wealthy, that is). It's a bit of a surprise and going to take a lot of emotional adjustment. We've spent our entire married lives (very long marriage) and our early adulthood beforehand, living well within our means and are trying to get our heads around actually going out for a meal if we feel like it, or maybe buying electric bikes, or or or.... It's a very weird place to be.

This thread has sadly devolved into semantics and nastiness and I applaud you for keeping a cool head. Having serious money is so far out of most people's ken that it's hardly surprising that you're getting unpleasant comments.

That is all (wanders off to see what Elon and Mark are up to...)

In the world of rational people, no one who needs a PAYE job to maintain their current lifestyle is wealthy. Also no one wealthy needs to say it loud to be validated, much less by strangers on the internet.

But then, PP have told you this in the previous 34 pages. If you don’t get it by now, you never will.

What definition of wealthy are using for that? Because the HMRC definition certainly doesn’t have that stipulation.

If you think this thread is about validation you’ve completely missed the point.

Buzz word "wealthy", less than 12 hours later 34 pages of responses...

But what is the point? Pages and pages in and it's still not clear what you're trying to say, especially as you've now claimed a poster who actually says the opposite to you has 'perfectly articulated' your feelings.

Followed up with how do they pay for a broken down car with savings? Hasn’t even dawned on them that people on those salaries don’t have cars that are breaking down.

Is it so hard to believe that money literally eliminates money worries? That you can create a level of security that means savings and such aren’t needed?

I think I might have inadvertently been the catalyst for this thread by asking the broken boiler question.

"Hasn't even dawned on them" seems kind of rude. I was just thinking of an example off the top of my head.

We're renters (saving up for a deposit) so I guess I just assumed home owners would need more savings due to having more overheads. If our boiler breaks, the landlord fixes it.

But I asked a question and you answered it.

Seems a bit much to then make a whole AIBU thread saying that "it hasn't even dawned on people".

I don't really spend much time thinking about how the wealthy arrange their finances.

Great, you don't have any money worries. I believe you! Must be nice!

Although, being stuck in hospital, and having a disabled child and having been through a miscarriage doesn't sound like the perfect life, either. On balance I think I'd choose mine tbh. All the best.

I've never known anyone so obsessed my a boiler. I have no idea how old ours is it's not insured and ofif it breaks it will be replaced

We put all our spending on cash back credit cards and pay it off monthly. I think you could learn a bit from us non wealthy people OP. I could have told you to avoid Florida outlets now pound/dollar rate so unfavorable. .

But a high earner is also 50 k..... so am
not sure the HMRC defn is that relatable!

Won’t argue with that!

That doesn’t fall into HMRC category of wealthy.

What is your definition of wealthy op?

7 miscarriages.

I wouldn’t change any aspect of my life. I adore my child disabled. Would I want them well? Of course but I wouldn’t give them up or wish for a life without them. Fortunately their life is made easier due to our financial circumstances but I would never wish for a life without them.

No OP.

It doesn't mean you though. You've found an HMRC definition somewhere? And now telling people you are. Jesus wept.

It's so embarrassing to watch but highly entertaining so I can't stop