Are you worth a £1million?

[MoneyBags]

DH & I used to be quite good at keeping an eye on our financial affairs until the kids (8 & 5) came along. Since then, we've bumbled on through, just about remembering to stick lumps in ISAs and PEPS, paid off bits of mortgage etc, but not done any active management or review.

Anyway, a number of 'life decisions' prompted us to go to an IFA for a total review. By way of preparation we had to fill in load of summaries of investments/ house prices/ mortgage etc.

Well.... we sat down with him today and discovered that if we add up the net equity in our house (value minus mortgage) and all our savings and investments.... we are worth £1 million

I am truly gobsmacked - it has sort of crept up on us.
The bizarre thing is that we don't feel rich or anything - I use coupons and codes for shopping and regularly buy and sell on eBay. And yet I am a millionaire

well I don't have a million pounds but I don't see what the problem is for people that do have money

same snippy comments when anyone posts about an expensive holiday "what? £5k ARE YOU MAD etc etc"

good for you Moneybags

I have led a charmed existence, I may start a thread so you can all hate me too

no bad jobs/relationships/life events
happy home
nice house
great childhood

shall I go on?

no OO shut it immediatley.

beautiful children
long legs (but huge nose)
erm

hmmmmmmmmmmmmmmmmmm

You live in Oldham.

s.h.u.t i.t.

pmsl

yes but that is not my fault
I have sacrificed my love of deli's and culture for my children

I'm naturally thin and never have to work at it.

So's my wallet, tho .

So you moved to Oldham for your children? Don't people move out of Oldham for the same reasons?

I live in a (nice) bit of Oldham as that is where my MIL is and houses are cheaper.

Therefore I could work p/t and not pay childcare and not have a huge mortgage.

I don't like it

Where I used to live is ££££££££££££ for a house half the size

Well I don't see anything wrong with this thread and I always get angry at those "I earn £1000000000 an hour but can only afford 3 holidays a year poor me" type threads.

I say congratulations you are obviously suprised like this and by the sounds of it didn't realise your savings were adding up so much.

I know when I get to my 40's I still won't be worth a miliion but I do hope to be stable and content.

Keep cutting out those tokens and you never know what you could be worth come retirement.

You WORK???? Have you no shame? You work and you choose to bring your children up in Oldham to live and work amongst Oldhamers and be doomed to speak in an Oldham accent for the rest of their lives!

I suppose you'll tell me next that Chadderton is the 'nice' part of Oldham you live in!

Oh to have mystery savings that you forget to keep track of. I'm happy if I find a fiver in the pocket of an old coat. It's only happened to me once but I keep checking.

they are having lessons to speak RP

I would be worth considerably more than £1m if DH died.....

I would rather be naturally thin so expat is richest imo.I am fat and skint could it be worse?

There's a nice bit of Oldham?

nope

There is actually, it's the road leading OUT of it!

yeah - and not the one that leads to manchester

Good grief no!

So now you have discovered you are worth £1million are you going to live a little?

my humble abode