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[Closed] Further to the debt thread...

johndoh · 2016-03-17T10:36:40Z

I have just seen the debt thread and have been reading lots of the posts - it was interesting to read all the comments about posters knowing others that have big mortgages, fancy cars and expensive holidays. Interesting because I often have this conversation with my wife – she constantly compares us to others in the school playground - weekends at Centre Parks, expensive hair treatments and manicures, fancy clothes, multiple holidays and of course the big houses and cars. Although we are comfortably off and are fortunate (through an inheritance mainly) to have a nice house for our children as well as running two cars (one via my business), we struggle to go mad on the luxuries (in the last six years we have only had two overseas holidays). I suggest that these people (who we know aren't earning big money in high-powered jobs) simply have more debt than we do (we generally save for things - very rarely get things on credit apart from major things like home improvements). Is this the case? Can anyone make me feel better about our position and relieve some of the pressure I often feel to 'keep up with the Joneses'.

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P-Jay

Posts: 12809

Free Member

freeagent - Member

Yes I agree with that sentiment too - I know people that work all the hours for all the financial rewards but for myself I would rather get home in time to read my children books, help with their homework, tuck them into bed etc - they will all too soon be all grown up

This.
I know I could earn another £10-£15K in London, and maybe a bit more if I stepped up a grade, but would rather be home with the kids at 6pm most nights.

Sort of what I did, although I didn't exactly plan it - 10 years in Business Finance, very good money, very good 'performance related pay' - but 12-14 hour days the norm, lots of travel, lots of stress - work 9-5ish now, work from home Fridays with my daughter with me (18mths old) nice boss, "family first" mentality - less money, more smiles.

Posted : 17/03/2016 5:44 pm

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