Friday 3 June 2016

Woman who lives in £700,000 house & earns £200k a year says she's 'struggling to get by'

'If you’re earning millions of pounds, then you’re OK – and at the other end of the spectrum you get everything paid for. We are caught in the middle where we are paying for everything.’ One commenter on the Financial Times' article, by the alias Inequal7, writes:

The maths ruins the story. Gross [income] = £200k Net annual = £130k Net monthly = £10,800 One child’s school fees = £15,000 (generous, given her child is four) One mortgage on a £700k house, 10% deposit at 3% = £3,000 (generous, given interest rate is possible at 1.5%) So even with that there is £6,600 per month left Say £600 for bills… which leaves £6,000 a month. Even in London this is enough to live on.

Trust Twitter, users also came for
the woman..


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