HH income of £250k but we don’t feel rich?

[Bdrgvlugcbu]

Not a brag in the slightest! And wouldn’t discuss this non-anonymously.

DH earns just over £250k per year. Has fallen into the role really and is based on natural ability/talent as oppose to lots of hard work and training. He works very long hours though. I’m a SAHM to 3 young children.

Take home is approx £12k per month.

School fees: £3,000 per month
Mortgage, car and bills: £3500 per month
Personal savings £2000 per month
Kids savings: £450 per month
DH and I take: £500 personal money each per month
Leaves us with £2,000 per month for general spending, food shopping, days out, holidays, children’s clothes…

We don’t really go without, but we don’t feel “well off” by any means. Where are we going wrong?!

We don’t have years worth of savings so maybe this is why. If DH lost his job tomorrow then we’d be in trouble.

you are spending your income sending your kids to private school

you have a big income, you are spending it. that's how it works

btw OP - only 7 per cent of British children go to private school.

you probably don't realise this due to circles you move in - but you are chossing to give them an unusual and very elite education.

that is your choice

What percentage should school fees use up?

You do have lots of money left over, OP. You're saving a ton each month and are spending quite a lot monthly. You need some perspective tbh.

Objectively you are rolling in it

so why don’t you feel rich? You don’t feel well
off?

is it a sign of deeper dissatisfaction with your life? You have all this money and you do what you think your should be doing and just don’t feel anything that gives you joy for all that ?

Excellent Sunday night wind-up OP. 👏

OP: I spend all my money and don't feel rich 😭 😭 😭 😭

Jesus Christ.

My point exactly.

Get a job and stop being poor and lazy👌

Leave the Bastard.

Have you checked for any benefits you aren’t claiming, UC perhaps?

one of my greatest 'irks' is people who send their children to private school and then complain about having to spend money on it/ or work hard for that money.

SO many things grossly wrong about this

Plenty of people - nurses , doctors, social workers, ambulance drivers..I could go on - work very hard and would never be able to afford private school

there are excellent state schools. If you wanted you could use them and then have a big old pile of money sitting around .

Lol, the £2500 each month going into savings is the left over 😂😂

You're saving more each month than I earn

You're fine

Give me strength.

Most of your expenses are choices, for a start.

You save more than my dh brings home every month and almost as much as I do.

If this is even real, you live a charmed life financially speaking. Now go away.

You could earn some more money by taking in a lodger perhaps? Part-time cleaning job? Dog walking?
Lots of ways to maximise your income if you put your mind to it. 🤔

It sounds like you just aren't happy OP, no amount of money is going to change that. Try and figure out what the real problem is.

Getting yourself a job isn’t such as bad idea - might help you feel more fulfilled

Wow OP, I’d love to be as poor as you 😂😂😂.

1), you pay for private school. That’s a massive luxury that 93% of children don’t have.
2), you save £2000 a month. Lucky you.
3) with a mortgage as high as that you clearly live in a massive house.

I feel I might need to get my tiny violin out for you! 🎻.

send your kids to state school and downsize and you’ll soon feel minted OP.

The children’s clothes are from supermarkets, next, M&S. Our clothes are high street. We shop at Aldi. We live in a very normal but nice area. You just imagine that this kind of salary gets you more than this but it doesn’t. I have no idea what you would have to be earning to live in a multi million pound house and drive around in £100k+ cars as we live a life nothing like this.

You'd be fine because you could stop the £2500 savings spend, the £1000"personal" spending etc

I have no idea what you're spending £125 a week on that isn't even days out etc...

This is a case in point that while money can buy you freedom and choice, it does not mean you'll be happy.

You put more in savings every month then many families have to survive on 🙄

But you have £2500+ leftover each month, even after somehow spending £500 a month in "personal" spending etc.

How can you not comprehend that your left over money is a lot ??

250k and shopping at Aldi! Bloody hell

You would be if you put your DC in state schools, it’s not complicated is it?