Are you financially comfortable?

LaurenKenn

We don't do too bad. I'm 20, just purchased my first house with my partner. 13% of our income goes on the mortgage, we have two cars ( they're both over 10 years old and mine will have to be replaced before the end of the year.) We manage to save around £800 a month between us.

a_silver_lining

I feel comfortable now but wouldn't if I were single. I bought my first flat at 27 and it's fine but not fantastic, not comfortable you could say as it doesn't match up with my expectations. With my partner here I can afford to build emergency savings and pay off some debt (I put in 45k deposit and was lent an additional 10k from family). Without her here I would struggle to do that. I still have some diy I would like to do.... if the diy were done and the debt repaid I would be comfortable single... until I next wanted to move as I would struggle to save a bigger deposit.

I think it comes down to lifestyle expectations. I would love a two bed flat on town with a bigger garden. I imagine if I had that I would feel comfortable. However, I would never afford that unless I bought with a partner, in which case I wouldn't feel comfortable as that relationship could end leaving me homeless. hmm...

[Deleted User]

ognum wrote: »

This poster writes this on all these types of thread and he is entitled to his opinion.

I like others are interested in how people form there thoughts and how they change over different ages.

So, are you waiting for someone to come along and say:

"No, not really. I'm supporting 3 kids on my own, I live in a run down council flat; the debt collectors are at the door and I can't deal with it any more. I haven't left my town in 3 years, let alone been on a holiday. My children struggle at school, life is hard and I am not at all comfortable."

Or...

"We have a great lifestyle, we can safe loads every month. Unfortunately we've been trying for children for almost 10 years, and 3 rounds of IVF treatment have failed. Our relationship is on the rocks, even if we look like a perfect couple to all around us."

Look, we all like to feel a bit smug once in a while. I'm saying that you need to allow for some interpretation when reading these posts. You're not going to see 100% honesty; just like on most of the internet.

Consider being emotionally comfortable. Having a work life balance. Having your expectations meeting your reality.

ognum

ringo_24601 wrote: »

So, are you waiting for someone to come along and say:

"No, not really. I'm supporting 3 kids on my own, I live in a run down council flat; the debt collectors are at the door and I can't deal with it any more. I haven't left my town in 3 years, let alone been on a holiday. My children struggle at school, life is hard and I am not at all comfortable."

Or...

"We have a great lifestyle, we can safe loads every month. Unfortunately we've been trying for children for almost 10 years, and 3 rounds of IVF treatment have failed. Our relationship is on the rocks, even if we look like a perfect couple to all around us."

Look, we all like to feel a bit smug once in a while. I'm saying that you need to allow for some interpretation when reading these posts. You're not going to see 100% honesty; just like on most of the internet.

Consider being emotionally comfortable. Having a work life balance. Having your expectations meeting your reality.

I am not sure why you feel the need to tell other posters or readers how to interpret a thread, I am sure most of us are as intelligent as you and can also read between the lines of what is written.

I think there are varied posts on this thread from very comfortable to not very comfortable and that is interesting.

The most interesting part is looking at how different people interpret comfortable, from having a cleaner oncer a week, having no debt or owning two cars.

There will I am sure be many who choose not to post their level of comfort but just read others.

Bragging or honesty are subjective and can be left to the individual reader to decide.

[Deleted User]

ognum, maybe you'd be happier handing out here https://www.reddit.com/r/humblebrag

I guess, after I posted my own 'humblebrag' on being comfortable, it struck a nerve - and I realised this was a collection of 'Done well Boomers", "Dual Income, No Kids" and "Smug Middle Classes" bragging. A group of fortunate people with fortunate circumstances letting the world know.

It's an affront to the people drowning in debt, or struggling to get on the housing ladder.

ognum

ringo_24601 wrote: »

ognum, maybe you'd be happier handing out here https://www.reddit.com/r/humblebrag

I guess, after I posted my own 'humblebrag' on being comfortable, it struck a nerve - and I realised this was a collection of 'Done well Boomers", "Dual Income, No Kids" and "Smug Middle Classes". A group of fortunate people with fortunate circumstances.

It's an affront to the people drowning in debt, or struggling to get on the housing ladder.

Ringo - does it make you feel bigger/better about yourself when you insult others.

Note - I have made no comment about myself or my circumstances nor would I on this type of thread.

I am however interested to read others comments and feel you have no right to insult me or others for what they write.

chucknorris

ringo_24601 wrote: »

So, are you waiting for someone to come along and say:

"No, not really. I'm supporting 3 kids on my own, I live in a run down council flat; the debt collectors are at the door and I can't deal with it any more. I haven't left my town in 3 years, let alone been on a holiday. My children struggle at school, life is hard and I am not at all comfortable."

Or...

"We have a great lifestyle, we can safe loads every month. Unfortunately we've been trying for children for almost 10 years, and 3 rounds of IVF treatment have failed. Our relationship is on the rocks, even if we look like a perfect couple to all around us."

Look, we all like to feel a bit smug once in a while. I'm saying that you need to allow for some interpretation when reading these posts. You're not going to see 100% honesty; just like on most of the internet.

Consider being emotionally comfortable. Having a work life balance. Having your expectations meeting your reality.

Or offering a third choice, something like on other threads on the savings and investment board (I realise that this is a different forum board):

I intend to drawdown in retirement at 4%, does anyone have an opinion or experience of this, I would appreciate your comments.

I don't mind reading 90% irrelevant posts if 10% can add something to my knowledge. There is actually this very subject being discussed on that forum board right now, and I have learned something by listening to other posters.

ManofLeisure_2

ognum wrote: »

Ringo - does it make you feel bigger/better about yourself when you insult others.
.

In Ringo's defence, I think what he has said, is only what many people are thinking.

Jagraf

Personally I have been in a lot of debt and now I'm not, but I feel as great about that as someone who has loads of assets as life isn't about assets to everyone. I think everyone has behaved well!

Mr_Costcutter

There are many threads on these boards where members talk about their financial situation. If they wish to reveal such information - that's up to them. Personally, I would not choose to do so - unless seeking help. To me it is far more interesting to look at the journey someone has made to arrive at a position of being 'comfortable' or 'wealthy' - rather than just hearing that they are.