Some people just seem to have unlimited money

Triker

ZARA wrote: »

i havent been rude if you cant handle the viewpoint of others then i suggest you do one, you go into your mates house summing up everything they got & constantly thinking how did they get that to me that's pure red eye, just because you havent got what they have, so what? its only material things, be happy with what you have got & low intelligence?? Lol, maybe if you used your intelligence budgeting your finances better you wouldnt have the time to see what your friends have that you havent

Why should the OP 'do one'....how rude of you, the OP only asked a question I'm sure many of us wonder about, I know I do sometimes.

As a full time working parent myself in a 'profession'....I too wonder where the money comes from when its never ending. I certainly have never been able to afford 'designer' clothes for my girls, I can barely afford to buy Next in the sales, I know of some people from non working households (on benefits) that receive more disposable income than I ever have....

A friend of mine is heavily subsidised by her parents, despite being married and having a daughter of 12, even her shopping is bought by her parents.

I'm also not jealous, just curious really.:p

Lakeuk

Recently BBC2 had a series call Money, one programme followed various households who had an income after tax of 40k (alot to me, in my area I'd say average was 20k), below are some of the household groups on the programme - what was interesting was even though the amount was the same, it was very wide how each household coped from feeling rich to feeling very poor. I think in this it all came down to budgets and priorities in each household - those feeling poor could easily feel rich if they cut out or changed some luxury priorities

- Family of 3, married couple with teenager who went to private school

- Couple with no kids

- Single guy living on own

- Couple of Pensioners

ZARA

Triker wrote: »

Why should the OP 'do one'....how rude of you, the OP only asked a question I'm sure many of us wonder about, I know I do sometimes.

As a full time working parent myself in a 'profession'....I too wonder where the money comes from when its never ending. I certainly have never been able to afford 'designer' clothes for my girls, I can barely afford to buy Next in the sales, I know of some people from non working households (on benefits) that receive more disposable income than I ever have....

A friend of mine is heavily subsidised by her parents, despite being married and having a daughter of 12, even her shopping is bought by her parents.

I'm also not jealous, just curious really.:p

i only told o.p to do one after i have been accused of being aggressive & very rude, i have apologised for this on more then one occasion, but i think the accusations were only made because o.p did not like my reply

Lakeuk

Pee wrote: »

I was just talking to an elderly relative who always has delicious high quality food at her house. She makes great use of her freezer and buys mainly meat exceptionally cheaply. Her eyes lit up telling me about the bargains. I think it's more fun getting a bargain and having a treat than having what you like when you want it.

My mum's one of those, there's a particular time when our local M&S puts out returned/faulty out of line clothing heavily discounted (90%+), it's a game for her finding something cheap that fits/suits her and when someone complements her on a £50 jacket she's wearing she thanks them with pride by saying it only cost her £3

Tropez

It could, as others have said, be all on credit. Some people will buy things on Buy Now, Pay Later agreements but put the whole sum for it into savings in order to profit from the item they have purchased, paying the debt off before it is due in order to avoid interest. Others will, of course, just buy things on credit.

It could, also, as others have said, be the result of an inheritance or a lottery win or perhaps some other form of gambling win. I know someone who regularly banks an extra £500 - £750 a month playing poker (and that is actually profit; he just happens to be good at it) and obviously this income is tax-free. Matched betting is also a way to supplement income, as is filling in surveys, writing product reviews and a few other methods.

It could also be that they have been rather lucky with investments and maybe have an investment portfolio that grants a monthly income to supplement the household income.

Compensation from some form of accident or negligence as well.

Or even a combination of any or all of the above.

merlot123

Maybe they supplement their income by selling alot of unwanted items on Ebay, my sister does this, you rarely see her wearing anything more than a few times, she buys it cheaply (usually at an outlet place) wears it a few times and then sells it on Ebay. It has been know she has sold stuff for more than she paid for it. I wondered how she "did it" so I asked her!

FBaby

Thank you OP for having the guts to post this question -and face the 'you must be jealous' brigade!

I have been wondering the exact same thing for years and it has really puzzled me. I used to be a single mum of two earning £40k, and yet always seemed to be poorer than families earning less. I think I figured out that it is a combination of a number of things, for a start, I disheartningly learnt that with my salary entitleling me to no tax credits, I was not better off than a family earning much less but entitled to tax credits. Add to this those families who somehow are entitled to DLA because their kids are hyper, or have some learning difficulties.

I also think that budgeting comes into it. Working full-time, 1 hour away, taking kids to activities etc...I am always on a rush. I just don't have the time to plan meals and cook much cheaper. I don't watch what I spend as much as I could, I acknowledge that to myself.

However, I think the key difference is indeed credit. Yesterday, I found out a friend was separating from her husband. She has a admin job and doesn't earn much, but I assumed her husband must have been as they both had the latest i-phone, she drives a sports car, and they are always faring to nice holidays. They just bought their DD who has just got her driving licence at 18 a new car. Well, discussing the separation, she has admitted that they owe ££££ in credit cards and loans, but worse, there is very little equity in their house as they have remortgaged it a number of times. This seems to be a common theme. My partner and I are paying a huge amount towards two mortgages -and tax-. One of them we are paying more than double so that the house will be all paid for in 7 years. Sometimes I wonder why people bother to buy a property when they only pay interest only or remortgage it to some extend that they never built proper equity.

Overall, it doesn't bother me that others with less income seem to have a more luxurious life except for when it comes to holidays. I am itching to get away, discover new places and experience this with my family and I do get frustrated when once again, we can't do it this year. Windy cold days such as today has a way of accentuating the feeling So instead I plan my itinary for 2020!!!

Tygermoth

We were acquaintances with a couple who were on or about the same wages as us (they mentioned it, not us!)We ended up knocking about together at work functions.


They always had the newest gadget, gizmo and have had some amazing holidays. I must admit I was baffled as I am very meagre in my outgoings and careful however we just break even (no real savings though after paying off the CC at the beginning of this month that’s our next goal)


I must admit to a bit of envy at the time as we were working SO hard I had a second job and the OH was doing perm overtime but we just managed to make do. Where as they seemed to sail blithely through life wearing expensive clothes and eating out. While we were sat in our Primark specials eating beans on toast.


It all came to a head a few years later when they came by the house to ask if we could board their pedigree cats for them as they had to move back in with family as their debts had become insurmountable. I do not want to hazard a guess at what they owe but they are not being charged any rent and using the lions share of their combined income in repayments they look to be debt free in three to five years.


I will admit to still being envious just for the holidays alone – they did awesome trips and I mean awesome, no holds barred epic trips. Beach huts on beautiful islands with scuba diving in the clear water, balloon tours over cities, spa days in luxurious resorts, Christmas shopping in NY, sand buggies in Dubai, tea ceremonies in Japan, sipping cocktails in Hawaii......... *sigh*

Lucy1973

I know what you mean. My sis in law is on JS so im guessing this is around £70 a week,and yet spent about 400 each on her 3 children for christmas. She goes out alot too. Cant understand as she doesnt do any work on the side or anything.

Tygermoth

body surfing in austraila, madcap tour of India.... bridge swinging in NZ..skiing in Canada.....*sigh*