Page 3 | “Mumsnet rich”

Harrietta82 · 2025-10-04T21:50:41+00:00

I’ve seen this referenced a few times recently. What do you class it as - I’m assuming 6 figures plus given how many appear to be earning it? Or do you also need a c-suite DH? I’m intrigued!

justasking111 · 05/10/2025 08:42

lampshadez · 05/10/2025 08:29

One things that always confuses me about MNs is so many don't seem to earn that much but the holiday threads have huge budgets, is it because the average user is 50 plus?

Well if you've paid off the mortgage, jettisoned the kids, inherited money. You'll certainly have more disposable income.

AmusedCat · 05/10/2025 08:44

This thread is insufferable. My granddaughter good me she was rich yesterday, when I asked her to explain she said it's because she has family who love her and nice toys.....

I prefer her definition rather than the ones here. And what, in God's name, is C suite.

lampshadez · 05/10/2025 08:45

People compare themselves to Jeff Bezos & the like and see that as "rich" so obviously they then don't think they are rich.

chachahide · 05/10/2025 08:45

I definitely think the more you earn, the less you realise, as by then you’re generally surrounded by people earning the same.

DH is in a 6 figure role, and is surrounded by people on more so feels a bit hard done by. He also works a lot in London, so sees the wealth there.

it’s very annoying. I’m in a 6 figure role but work for myself, I’m rarely in London, and feel very fortunate and count my blessings. It’s all about perspective.

Animatic · 05/10/2025 08:46

DisplayPurposesOnly · 05/10/2025 08:12

I'd never heard of c-suite until mumsnet😆

Surely says more about you than mumsnet.

chachahide · 05/10/2025 08:47

AmusedCat · 05/10/2025 08:44

This thread is insufferable. My granddaughter good me she was rich yesterday, when I asked her to explain she said it's because she has family who love her and nice toys.....

I prefer her definition rather than the ones here. And what, in God's name, is C suite.

CEO, CFO, CMO- all the ‘chiefs ’ in a company, chief marketing officer, chief financial officer and so on.

I’ve seen enough boards to know the people on them (including myself), really aren’t that special.

lampshadez · 05/10/2025 08:47

And what, in God's name, is C suite.

People with C in their job title eg CFO, CEO so the most senior in their company and usually earning a high salary.

yetanotherrandomname · 05/10/2025 08:48

It also depends on age when you hit that 6 figure salary. We're on about 180k between us now, but that's only for the last 2 years and we're early 50s. Trying to pay lots into pensions so we don't have to work until 67. Have 2 kids at uni with expensive accommodation that we pay for, still have a biggish mortgage and a house that needs money spending on it. I don't worry about money, but we don't have loads of savings, drive older cars, don't spend loads on clothes etc. I do not feel rich, but am definitely comfortable. Until one of us loses our jobs/gets ill. Rich to me means not having to worry about redundancy.

Parker231 · 05/10/2025 08:50

Worse are the threads asking what job/ salary do you have and the poster then gives information on their DH’s job!

dcsp · 05/10/2025 08:52

sagebasil · 05/10/2025 08:12

😂

Don't be daft! Of course someone earning £250k a year is rich 🙄

Show quote history

As I say, "rich" is about wealth, not earnings.

Someone earning £250k is very high,-earning.

If they have a lot of savings & assets (which most people on that income would) then they're rich, if they don't then they're not.

MidnightPatrol · 05/10/2025 08:52

lampshadez · 05/10/2025 08:42

That’s why I’m saying wealth is more important than income.

Which is what I was saying

I know plenty of people with mortgages between £3-5k (and thirty years to go). I suspect it will be a long time before any of them feel financially comfortable, even with a big income.

A 5k mortgage for 30 years will be for 1m plus house most likely. Even in London you can live in nice areas for less. They are still building wealth.

Sure. We are in agreement.

But I am just trying to answer the question as yo why someone with a salary that sounds massive, might not consider themselves ‘rich’ - when to others it feels like they are.

Frankiecat2 · 05/10/2025 08:52

MidnightPatrol · 05/10/2025 08:36

That’s why I’m saying wealth is more important than income.

I know plenty of people with mortgages between £3-5k (and thirty years to go). I suspect it will be a long time before any of them feel financially comfortable, even with a big income.

Show quote history

But….but….they could sell their big expensive house and move to a smaller house? Or a cheaper area? Or both?

They are still ‘rich’ in comparison to the majority of people in the uk because they have that choice.

TypeyMcTypeface · 05/10/2025 08:52

I think it's the middle earners (probably the vast majority on here) who are silent because there isn't much to say - you're struggling a bit with the COL like most people, you've cut back a bit, you certainly can't afford that dream house or super-luxury holiday, but on the other hand, you're not living hand-to-mouth, you have some savings, you don't worry where your next meal is coming from, you can afford the occasional treat to keep your spirits up, so while you have nothing to brag about, you can't complain, either.

ThatCyanCat · 05/10/2025 08:53

A classic seems to be the posters who are fabulously wealthy but nobody knows it because everything they own and do is shit. They also know that nobody around them is as rich as they are because everything they own and do is shit.

SomethingFun · 05/10/2025 08:53

I’m not a size 6 sahm and I’m not actually living the mn rich dream as I earn my own money.

When I joined mn posters were all 5’6’’ and size 12 - how times have changed 😁 I think to be mn rich then you were still a sahm but you had a aga, shopped at independents and Waitrose and holidayed in Cornwall.

lampshadez · 05/10/2025 08:54

A classic seems to be the posters who are fabulously wealthy but nobody knows it because everything they own and do is shit. They also know that nobody around them is as rich as they are because everything they own and do is shit.

This always cracks me up!

MyElatedUmberFinch · 05/10/2025 08:54

250k and over, definitely not a joint income of 80/100k which comes up
a lot on mumsnet.

ThatCyanCat · 05/10/2025 08:55

lampshadez · 05/10/2025 08:54

A classic seems to be the posters who are fabulously wealthy but nobody knows it because everything they own and do is shit. They also know that nobody around them is as rich as they are because everything they own and do is shit.

This always cracks me up!

"I'm a secret zillionaire but I live in a cardboard box, only wear rags off Vinted, holiday in the local underpass..."

Well then you're a bloody tool, aren't you!

PlutoCat · 05/10/2025 08:57

TypeyMcTypeface · 05/10/2025 08:52

I think it's the middle earners (probably the vast majority on here) who are silent because there isn't much to say - you're struggling a bit with the COL like most people, you've cut back a bit, you certainly can't afford that dream house or super-luxury holiday, but on the other hand, you're not living hand-to-mouth, you have some savings, you don't worry where your next meal is coming from, you can afford the occasional treat to keep your spirits up, so while you have nothing to brag about, you can't complain, either.

This.

childofthe607080s · 05/10/2025 08:59

I think of mn rich as rich - as roughly the top 80%.

I do get annoyed if you don’t feel rich because you are spending it by investing in property that you live in and you have to pay for your own childcare, that you don’t feel rich because your other half earns so much that you chose to stay at home

a salary of around 60k puts you in the top 20% of earners but circumstances do matter

so - a monthly take home of around 6500 for a family of 2 adults and 2 children take you around the top 20% of similar families - so two on 52k or one on around 120k ( yes for a few years you will feel less well off but really )

assets also count - I think if these as hard to release ( housing ) and liquid - savings. If you have a house worth over a million you are asset rich. It’s significantly more than the average home costs even in London. Maybe not your special part of London but that’s the choice made. It may take you time to release that but you could

What counts as rich in savings also depends on circumstances- people are at their richest just before retirement when they start using those savings to live one way or another ( annuity’s vs drawdowns , the effect is basically the same) - since the effect of those savings is to generate income you could argue that someone with a lot of savings but is only able to generate a monthly income of 2000 then they are still in the bottom 20% of rich. That’s a 600k retirement pot I think. A pot of over a million pounds would put you in the top 20% again.

MidnightPatrol · 05/10/2025 08:59

Frankiecat2 · 05/10/2025 08:52

But….but….they could sell their big expensive house and move to a smaller house? Or a cheaper area? Or both?

They are still ‘rich’ in comparison to the majority of people in the uk because they have that choice.

Show quote history

Thats then back to the definition of ‘what is rich’.

And I suspect a family having to live in a cheaper area because they can’t afford a nicer one, would not consider themselves to be rich.

Also re downsizing to release equity to buy elsewhere… great if you are in your 50s, not if you are in your 30s and might have owned your property for a short amount of time.

Fearfulsaints · 05/10/2025 09:00

The hmrc says individuals earning 200k Or assets equal to or over 2 million in a 3 year period ( not both interestingly.)

So mumsnet wealthy is broader than that.

Ladamesansmerci · 05/10/2025 09:01

There are some tone deaf posts on this thread 😂 If you have a household income of £150k a year, you are rich. You earn significantly more than the majority of the population. It's ridiculous when people on here moan about being stretched when they earn 100+k. Be for real.

Our household income is £64k, and I consider us fairly lucky 🤷 we will never be rich, but we're buying our first house and managed to save each other.

NewPersonHere · 05/10/2025 09:02

Araminta1003 · 05/10/2025 08:04

To me it means two professional jobs, sound rich on paper, but mostly paying a lot of tax and living in the South East so not all that much to show it years down the line.
Basically, middle class middle aged British, a house, two good jobs, 2 kids, a car, a few holidays, a concern for nice kitchen and holiday destinations and good schools and unis.
But certainly not living it big on passive income and millions in the bank.

This. Considered wealthy by people on welfare or otherwise subsidised by the state, but actually struggling to maintain a middle class lifestyle including the things necessary to earn management salaries like nannies, cleaners, gardeners, and online grocery delivery.

Most of this endangered species has already left for other countries where they can earn significantly more and have affordable help. This used to be America/Canada/Australia, then was the far east and Middle East, and now includes even Europe.

They are routinely shocked by what a cesspit their former country (usually England) has become.

Whatsthatsheila · 05/10/2025 09:03

Rattles1 · 04/10/2025 23:25

I earn circa £135k and husband £180k. But not private school and lot of hard work, always rushing. Rich to me are the mum friends I have who go off to David llyod after drop off as dog have to work and kids in private scbool etc, I’m a headless chicken

This … being rich doesn’t necessarily mean financially.

you are on great money but you feel rushed off your feet and harassed.

by comparison we are very low income. But again don’t feel rich as finances are a struggle and DH really needs to find a less stressful and manual job that pays around £36k but it’s impossible to find a comparable career switch cos we can’t afford to take a pay cut.

would also like to know what constitutes ‘rich’