AIBU to ask if we are doing alright financially?

[Handlepop]

I’m 30 with 2 kids under 3
I am married and I work part time whilst DH works full.
The kids go nursery 3 times a week.
I am able to save £250 a month and also invest £250 a month too. I contribute £400 monthly into my SIPP as I’m self employed.

I can’t do any more than this currently as I would rather not work more than 3 days while the kids are small.

I have £40,000 invested. We have a small mortgage of around £65,000 left on our home.

My husband also had savings but he’s using them to take over an existing business franchise.

Are we doing ok as a young family?

Of course you are. You work part time, save well in a pension, have savings and investments and a small mortgage. You’re doing considerably better than a large proportion of the population.
who said you weren’t doing well…

You’re doing great. You have more savings than 80% of the uk population.

Yeah you are.

Lol

You are doing a million times better than we were when we were 30, with three young children. We had no savings and lots of debts!!! Doing a lot better now 20 years later but I would have been so happy to be where you are at your age. Well done!!!! 👍

Of course you're doing okay. Ffs...🤦🏼‍♀️

Are you just showing off ?

With investments and a low mortgage you’re ahead of most people. I am mid forties with zero savings (it’s been eaten by 4 kids, our house and our bad luck with cars!!)

Wow - what a great position to be in.

I am stunned that you need other people to tell you that.

What about the value of the house?
what is the household income and can that be improved?
how much in your emergency fund?
how much does your dh save?

I would say you’re doing ok but could be better i suppose?

Thanks for making me feel like a complete loser, OP!

I'm 47 and have just made my second million am I doing ok?

You’re fine for your age. Why did you feel the need to ask?

Maybe better asking a financial advisor.

This place is mental sometimes

I see on your other thread that you had more saved but you had to give 30k to your DH so he could take over a business franchise. I hope for your sake he is making sound business choices. What is he currently employed as?

My husband also had savings but he’s using them to take over an existing business franchise.

In your last thread you gave him £30k for this

A completely anonymous internet user has typed some information that may or may not be true, and you've let it make you feel like a complete loser? 😳

Blimey, it doesn't take much, does it?

No.. you should take in ironing

I’m 45 and limping it to payday 😳 you are so much better than me

@Handlepop - I'd suggest taking an evening cleaning job. And maybe dabbling in foot fetish OF

HTH

🤣🤣🤣

🙄🙄 read the roooom

What room are you in?