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?

A judge is actually the closest guess so far.

The only thing I have learnt from this thread is if I am ever given morphine to lock my phone safely in a drawer .

Stop being obtuse - we’ve both seen the occupants of those roles being changed at short notice. Not sacked but made an offer they can’t refuse aka jumped before they were pushed.
It wasn’t necessarily that they were bad at there job but sometimes a new CEO / Head of Global Business or similar takes over and wants to pick their own senior team rather than inherit them.

So not redundant then which was literally the suggestion I responded to. He isn’t going to get made redundant.

What you’re now talking about is something completely different.

NO ONE is indispensable - and you’d really have to be cracked out of your mind on the morphine to think otherwise.
Even judges, QC’s etc - they can all be moved on even if they are not made redundant.

Will also be my take home! I wish they hadn’t lowered the dose. I would be asleep.

Someone please tell this woman she’s wealthy. Just do it. And then she’ll quit with the tall stories and batshittery.

Almost all of the hundreds of millionaires I know have £40k in premium bonds. But okay.

This might be my favourite ever Mumsnet thread.

I would suggest that most people have limited understanding of wealth brackets they've never lived in (as adults).

Exactly this. Neither my husband nor I are even higher rate tax payers and we don't ever think about saving for a holiday or new boiler or whatever - we just buy it. We have enough flex that we can do that. We don't put away x amount a month into an ISA or have savings linked to specific goals, but we are continously increasing our net worth, be that by spending less than we earn or paying down our mortgage. We still have savings though (some of it in unit trusts - not followed closely enough to see if that counts to the OP) in case something should happen in the future. I'm not convinced anyone is wealthy enough not to have easy access to a few tens of thousands ideally.

That can’t be true, rich people don’t use mumsnet.

Also it’s the big 4 accountancy firms not big 5. Not sure why you’ve randomly included the 5th. You’ve exposed yourself a bit there.

Not that I used to work for a big 4.

This is a v odd thread. The more I read, the less sense it makes.

Investments are just another form of savings IMO. You invest to get a better return than holding those savings in cash. That’s it.

IMO it’s pretty odd to have no cash reserves whatsoever, what if you need to buy a new car or replace the roof? Pay for a big holiday?

There's Big 4, Big 5 and Top 10, all used regularly.

The Big 4 are significantly bigger than the fifth, but plenty recruiters/people who use BDO (or GT)/people in that world will often refer to Big 5 without anyone batting an eye.

I do work for Big 4, and used to work within Big 5.

"Rich people don't use Mumsnet."

Er, yes they do, They just don't need to shout about it and make an exhibition of themselves.

oh I hope I am the last post on THE BEST EVER thread.

OP - you are wealthy!!!!! Will that help you to sleep? 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

Just start a thread! They will be queuing up to tell you!

This thread has been amazing 🤣🤣

lol at all you wealthier than tho peeps 🤣

I don't think it will 🤣

I thought you said you were 🤣