What is considered rich these days??

[Soccermomsavestheday]

So my husband and I live a pretty decent life but not one that warrants being called ‘financially out of touch’ and ‘how the other half live’ in my opinion which is just a couple of example of my sil many comments towards us.

My husband earns around £250k a year, I don’t have to work so don’t. We live in a nice 4 bedroom detached house with a lovely sized wrap around garden. We’re lucky enough to send our children to private school. We don’t go on extravagant holidays or wear high end designer clothes etc. We both drive Range Rovers but one is second hand (5 years old). And bottom line we have worked really hard to be where we are but don’t consider ourselves ‘Rich’ more so comfortable that we can live a modest life without financial restraints

it really bugs me when she says stuff like ‘you wouldn’t know what it’s like to budget’ and ‘it’s alright for some’ etc. I do budget monthly and am very much aware of how much things costs etc

Am I being unreasonable in this situation?

I am not rich (sadly)

but it would absolutely blow the mind of some posters what genuinely "rich" people are, their worth and their lifestyle 😂

as opposed to someone earning a slightly higher wage and being comfortable

@OneBreezyHelper oh it would be amazing, yes! A third of 250k would be around 44k more than I’m on now so it would make a huge difference to my quality of life. I haven’t had a holiday in 7 years so just one holiday a year would be bloody lovely. It’s miserable working my backside off and never being able to afford anything nice.

OP has clarified fees paid from additional bonus. Yes possible to pay for private school at that level but IMHO not worth that proportion of the income.

Honestly OP, if you can pay for 2 private school fees out of a bonus and don’t even touch the £250k earnings you are rich!
I don’t understand, if you have a working class background, what has happened that you are blind to your new circumstances? Give your head a wobble dear!

I also imagine, from your SIL’s comments, that you’ve possibly offended her by continuing to cry poor when you don’t even have to work to pay the bills…. Please consider your speech going forward with some decorum and discretion, you are so incredibly blessed!
Maybe pay for dinner for them next time?

Slightly higher than average? 8 times the average is not slightly higher.

You are rich. Anyone who thinks you aren't rich needs to take a step into the real world and look around. Most people would love to have half of that annual income.

I never cry poor. I’m incredibly happy with my life. I’m aware we’re comfortable but don’t feel that we’re flash and flamboyant. I suppose I consider ‘Rich’ to be a lot more wealthier than I am.

I do however feel ‘Rich’ with health and love which I know is above all the most important and I’m grateful everyday

Oh right.
Tbh that doesn't really convince me that he works as hard as you keep saying. Barristers view those who go in-house as a bit lazy tbh. It's less lucrative for most barristers (if you're doing well in a commercial or similar private law practice) but it's worth the hit in income because it's a much easier life. Also pension etc.

I always choose kindness as much as I can ❤️

Choose to show it towards your SiL then @Soccermomsavestheday if it really was her you came to ask about.
You seem to have forgotten about her after your first post.

You are rich and out of touch

What's a "wrap around garden"? is it actual grounds that start at the front of your house and continue in an unbroken line all the way round to the back? You see where I am we only have back yards that are barely large enough to store the bins and add a few tubs of flowers so I know nowt about how the gentry live

If you are so happy with your life, why are you posting goady shite on mumsnet at midnight?

He’s not in house. He works for a London Law firm but out of a south west office. (Not London wages)

I think it’s an incredibly demanding and stressful job.

I'd say you are very very unreasonable.

These threads would make so much more sense if people talk about salary AND more importantly, actual cash they see and lifestyle,

instead of blissfully ignoring the ones who see half their income disappearing in tax, while others happily receive all kind of help and benefits, work part-time and so on.

He works for a law firm and isn't a self employed barrister like the vast majority. We call that "going in house", aka working directly for a client.

Why don't you have any nice holidays? We're on about £170k and have lovely holidays thank you very much. Highlights of my year

Also when I refer to working hard I mainly mean that he worked hard to get where he is now. 3 year law degree. Two year LPC and a two year training contract. Not everyone is capable of that and with zero financial help. (Apart from me of course, I worked then and supported us both financially) 😊

A tax whinge and a benefits bash. 2 for 1, well done you

You're not rich. But your dh earns a very good salary. But he'll pay a lot of tax. You sound a bit smug tbh. So not surprised at your sil's attitude.

I think he's lying to you about being a barrister mate. We don't do the LPC or 2 year training contracts. We do bar school and a one year pupillage. It's always been that way.
Do you tell people he's a barrister because it sounds fancier than solicitor? 😂

seems I touched a nerve 😂

You are the one who decided it was a benefits bash, says it all really.

Pretty sure you don't include them in your yearly salary when you quote it, do you?

Id consider you reasonably well off but not rich.

Rich people don't really work, they invest, live off the investment and spend time doing other things. They don't really have to think about what they're buying at all.

You are misunderstanding what "lucky" means.

I'm in a highly paid profession, come from a very working class family and still consider myself to be incredibly lucky. There are plenty people smarter and more deserving than me, who could do my job better than me, who have worked just as hard, who have simply just not been given the same opportunities as me.

Given that most of the working legal profession is white and male, your husband is likely very lucky. You are lucky.

OP what were you hoping to gain from this post? I can understand that comments about your husbands income might make you feel uncomfortable, but everything I've read in your response does suggest you've lost touch with reality, to the point of insensitivity and ignorance to others. Perhaps they sense that too.

It’s not fancier at all haha 😂
Ive said he’s an equity partner (lawyer) and apologised as thought it would be easily understood by those without law knowledge.