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?

So on this thread people are angry at OP and are saying she IS rich on 250k. But on another thread people are angry at that OP and are saying she is NOT rich on 600k.

Mumsnetters just got to be angry at someone 🤣

I was a SAHM for ten years with babies / toddlers / pregnant or breastfeeding.

I cannot claim the income my husband brought home during that period (to pay the very low mortgage on the house that I had bought in my early 20’s) as ‘me working very hard’.

We enabled each other - just as we do now. I work hard - my earning potential is higher than his, he’s keeping the home fires burning and making sure the kids (now late teens) are staying on the straight and narrow.

If he bragged or pretended that our standard of living was down to his hard work we would be having words!

we are a team - but I couldn’t keep quiet if he was larging it as though he were the mighty benefactor - as the non working OP is!

It really wasn’t where the comparison was, not even close. I know people who can easily afford to see their children to private schools but they don’t want to and that’s absolutely fine. Each to their own.

That made me laugh
I must find this other thread 😂

This isn’t real life.
I don’t brag. I asked for opinions unanimously which meant I gave some financial facts about my life.

I’ve said several times that my husband and I are a team. He may provide financially but we view it as our money for us and our children. There have been times I’ve financially supported him through his training years (many years ago admittedly). We don’t have a hierarchy because he works and I don’t. We work together and we’re happy (which again wasn’t the point of this post).

I just wanted to know what people viewed as ‘rich’ and I’ve had some helpful answers which I’m grateful for

Myself and my husband earn 1/4 of your earnings.
We have a house with a lovely garden.. the house needs a drastic update but it is home and has lots wonderful memories and there has been lots laughter here, we are also lucky to have paid off our mortgage.
My husband drives a 20 year old car and I have a newish (2 yrs) hybrid corolla which I love.
I have lost both my parents. I have also lost a much loved sister .
My husband had recently been diagnosed with bowel cancer and so far, seems early . He is having surgery next week.
I consider myself very rich indeeed..but I suspect we measure riches differently.

Not a lawyer and have no knowledge of the law, but stopped reading when I realised you were correcting your bullshit everytime you were caught out. School fees affordability...bonus, that isn't a bonus. DH's job...barrister, except he isn't because us eejits couldn't possibly comprehend his big job.
DIL's mum earns as much as your DH working from her home office, although her house is a lot bigger than yours and she wouldn't be seen dead in a RR.
She is a lawyer, in a very boring, albeit lucrative, part of the profession. She owns her company that does only converancing. I've never heard her try to tell anyone she's a barrister because she earns well.

That’s helpful actually.
You don’t think I’m ‘rich’ and neither do I.

I don’t care whether people think I’m being honest or not. That’s for you to decide I guess. I’m not in a court of law under oath 😉
(like my pun)

I just wanted opinions away from friends and family

I think your SIL is rude, she should keep her comments to herself. On the other hand, I was once in a similar position to you, until my exH had an affair and left. Totally out of the blue, I had no clue and everyone who knew us was blindsided. That was many years ago and after a breakdown and two babies to care for, I retrained and started my own business. I also managed the £ I got from the divorce very frugally and very well. No 5* holidays or Range Rovers (imho naff status symbols unless you live rurally). You are leaving yourself very financially vulnerable. Personally I have never felt wealthier than I do now, downsized over the years, finally to a little mortgage free cottage with no exH, just me and my pets and not a lot of disposable income. Pure bliss.

I think you are rich. Obviously not super rich, but well off.

Some things I find so tacky though! Saying ‘lucky enough’ to send kids to private school, and two rage rovers! So cliche.

Away from this thread we measure riches exactly the same. Money can’t buy priceless memories and the feelings of pure love. Being grateful for health is always top of my list ❤️

We do live rural

thats awful what your husband done. Sounds like you’ve done an amazing job to get back on your feet and become financially independent.
What a strong woman you are
Respect 👊🏼 ❤️

If you were so ambitious and hard working all your life until now, how did you suddenly get to the point of “my husband earns £250k, I don’t have to work so I don't”. In my experience, if you were anywhere close to your husband in terms of work ethic, ambition and earning potential, you don’t just turn that off because you “don’t have to” work. Something not adding up here.

You're high earners but that's not what I consider rich. If you have assets not including your residence of £2m+ I'd consider that rich.

Your DH could lose his job at any time. Assets are independent of income and will compound and grow if appropriately invested.

You’re an unemployed SAHM riding on your husbands coattails… you can’t even get his position right for fear of him being a lowly solicitor!

You want more status or you wouldn’t have put my husband, the barrister. He’s clearly not QC. you probably eat like a pen friend and butter your bread whole.

We’re all different

I don’t care to work if it’s the choice between that or being at home for my children. I totally changed once my first born was born and that was 10 years ago and I’ve never looked back. I absolutely love being at home. I totally respect women who enjoy having jobs too and also respect the women who work but would rather not but have to.

We’re all different

It’s KC now 😜

It's completely bollocks isn't it? And so badly written.

Well he's not one of those either 😝

Obsessed with the phrase "you probably eat like a pen friend" btw. Did you make that up? I'm definitely going to start saying it but ideally would like to know what it means first...

It’s hilarious people think my life is fake, made me chuckle more than once tonight 😂 😂

Thank god.
obnoxious barristers thinking that the word ‘barrister’ sounds better than ‘lawyer’

I guess you don’t understand the legal profession or you’d know why I explained it differently. For the lay person.

Oh ha ha ha. As a real solicitor married to another now retired but formerly real solicitor, both partners in private practice your posts have really made me laugh.

Lots of ‘real’ solicitors and barristers on here tonight. I didn’t know mumsnet was the legal hang out on a Saturday night/ Sunday morning 😝

FYI it’s how you hold your knife and fork (if you hold your knife like a pen……) it’s basic manners.

There is no way this person has an ounce of education.

So people who don’t use their cutlery properly are beneath you? No etiquette no education no good?

Thats very sad. There are lots of people through no fault of their own that are unable to do basic tasks ‘correctly’ but are no more unworthy than anyone else.

very unfair thing to write 😔