To wonder where they get their money from ?

[Netball01]

Before I start, I know it’s none of my business but I’m nosy so can’t help it !!

I know a couple who are both teachers and they just seem to have endless cash & I can’t work out where they get it from ! They’ve got a nice 4 bed house that they kitted out with brand new furniture the moment they moved in, she drives a brand new Range Rover and he’s just bought a Porsche, every school holiday they go away - proper 5* luxury breaks, they both have Rolexes, she’s got a massive engagement ring etc.

Do teachers get paid the sort of salaries that give you this lifestyle ?! I feel like I’m in the wrong job !

OTOH we used to have neighbours who invariably had at least 2 flash new Mercs on the drive of their expensive house, but their dd told our dd how her Dm was lying on the floor sobbing hysterically because her dh owed £70k to the taxman and they hadn’t a clue how they were going to pay it.

Maybe they had a lottery win.

Depends when they bought. I bought my first house in the 2008 crash cheaply in the south east. I had a reasonable deposit from grandparents inheritance and therefore a very low mortgage. Investing savings is watches is quite savvy.

They aren’t getting paid much but it must be disposable. Or they’ve won money.

Or just smack yourself in the gob and cut out the middle man.

That's my dd - though she and her husband do work hard. Live in a £2 million pound house with no mortgage in their late 20s!

I’m a teacher who lives in Essex. But works in London. As a TLR 1- I earn just over £70k.

If they both had TLRs and work in London- could be £140k household income.

If they brought a property early on- house prices have rocketed in the last 10 years. So could have sold up and put a lot down on a bigger, nicer house.

If I didn’t have children and my mortgage was lower- by myself I would easily have £2k left after bills a month. So if it’s just the two of them, they could easily have £5k left after bills etc a month.

So that’s where there could buy all the extras bits!

Ffs not another one of these.

Obvs they are drug dealers. What else🤪

It’s very easy to make the wrong assumptions about people you don’t know that well. The superficial info rarely tells the full story.

People might look at me and wonder how a single woman can afford my place. However, it’s worth less than it looks due to a noise issue. I also bought it in 2010, when prices were only just recovering, and from a small developer who’d overstretched himself and has dropped the price accordingly.

Add to that that I bought my first house when I was very young thanks to inheritance - early 21st century, before the big boom. All it would take is for someone to guess I’d bought my first place at a more usual age, and to underestimate my age by two or three years, and they’d assume I’d actually bought at the height of the boom (pre-2008) and have way less equity than I do.

Perhaps you could retrain then.

My son's tutor charges £60 and hour and that's fairly cheap for the area, so if they are both tutoring they could be raking in a fair bit of extra cash, especially around mock exam time. There's also exam marking. Possibly inheritance or a lotto win. I wouldn't jump to the idea it's from nefarious activities

Are they fit? If so then probably Only fans..

No kids, I reckon. Dh once worked out all the nice things we could have had, if we hadn't been paying childcare over the years.

Having said that, my non teacher friends have more holidays than me, cos they can go in term time and pay half what we have to pay.

You are perfectly correct Netball. It's absolutely none of your business.

If they’re both senior management, or middle management in a core subject in secondary, they could have a joint income of over 100k easily. If they’re ECTs, they have an income stream from elsewhere.

There were a couple of teachers at my old school who had earned big money in the city and then retired from that into teaching. They’d earned their money and then wanted to give something back.

Mortgage free is what I’m thinking.

It's non of your business.

I have a friend who was very lucky and invested in bitcoin very early on, didn’t invest that much but made ££££££s from it. He’s not someone who regularly invests in anything, it was just a lot of good luck really, It’s meant he has a lifestyle which is way beyond that to be expected from his profession, most people wouldn’t know how he made his money so to someone on the outside they might be wondering how he made his money especially as him family aren’t particularly well off.

Some teachers had well paid careers before becoming teachers. I did my PGCE with an ex city banker. And obviously once you have money, it's easy to accrue more! Possibly one of them had large bonuses and investments and could buy a house outright, so no expensive mortgage, before doing their current job.

You’re right, it really isn’t your business.

I've never met a poor teacher, to be fair.

If two Teachers could support that sort of lifestyle then there wouldn’t be the shortage there is

Siblings not have the same lifestyle is absolutely no indicator of whether they have come into inheritance or not, and many, many, many siblings get different financial support from parents.

Hahaha maybe you should give it ago. My bet is you'll be out of the profession within 2 years.

Wages are easily found, just Google them, there's no mystery.

Don't forget to mention the really short hours and really long holidays, and all the lovely supportive parents and polite children .... 🤣🤣🤣 🤣🤣