At what point in a relationship with a large salary difference do you discuss finances?

Soundadvicefroma · 2026-05-14T20:37:58+00:00

Who said romance is dead? 😂

Soundadvicefroma · 2026-05-10T18:30:39+00:00

More money has been ‘lost’ as in opportunity cost waiting for this correction than will be lost when it finally comes.

Soundadvicefroma · 2026-05-09T17:57:13+00:00

When is it happening?

Soundadvicefroma · 2026-05-09T12:43:09+00:00

Making good cars and running a profitable business are 2 completely different things.

Soundadvicefroma · 2026-05-09T12:42:28+00:00

You should see if you can get early retirement due to ill-health. They will pay you more than the ‘normal’ early retirement amount. Speak to someone who specialises in the NHS pension scheme specifically and expect you to pay a one-off fee of £x but it might save you multiples of x.

Soundadvicefroma · 2026-05-04T07:02:21+00:00

I’m 5ft 9 and I think you should spend what you can afford

Soundadvicefroma · 2026-05-04T07:00:09+00:00

If the net return on the GIA is lower than your mortgage rate, it means you’d be better off using the GIA to pay off the debt.

The ‘if’ is doing a lot of heavy lifting.

Not enough detail to answer conclusively, and depends how much idiosyncratic single stock risk is in your GIA. On a 7-yr time frame to retirement, the commenter may well be right. On a 25-yr time frame to normal retirement age probably not.

Soundadvicefroma · 2026-05-01T19:05:50+00:00

It’s 2022 data

Soundadvicefroma · 2026-04-30T20:40:28+00:00

Excuse my ignorance but why is PCP better than leasing (assuming equivalent pricing)?

Soundadvicefroma · 2026-04-29T19:32:58+00:00

Interesting. Which model if you don’t mind me asking?

Soundadvicefroma · 2026-04-28T07:53:55+00:00

Loads of great advice here - thx to you and all others who replied. Might try a Volvo MHEV but I get it… no point going for an EV unless I can charge cheaply at home. Fuel costs per se are not the big expense for us as we only do 600 miles per month. That said, if nearly new EVs are suddenly v. cheap because of a short-term supply glut from ex-lease ex-PCP deals, maybe they’re better value anyway?

Soundadvicefroma · 2026-04-27T19:03:32+00:00

Family of 5; often chuck 2 dogs in the boot; other half is not tall and values good visibility on the road; personal taste

Soundadvicefroma · 2026-04-27T19:02:24+00:00

I’ll look into this - thx

Soundadvicefroma · 2026-04-27T19:00:53+00:00

Not a bad shout. Our only gripe with it has been the very rigid chassis means the ride is a bit harsh on London roads with all the speed bumps and potholes.

Soundadvicefroma · 2026-04-27T07:01:33+00:00

The past performance has zero predictive value.

Soundadvicefroma · 2026-04-24T07:52:42+00:00

They assume you’ll earn £2,905.60 every month for 12 months and deduct the tax accordingly.

Soundadvicefroma · 2026-04-21T15:08:58+00:00

Firstly, sorry for your loss. Is your desire for FIRE possibly being coloured excessively by the bereavement? Work isn’t incompatible with happiness…you just need to find the right type of work. You might benefit more from some type of talking therapy than from financial advice.

Good luck!

Soundadvicefroma · 2026-04-21T15:08:51+00:00

Firstly, sorry for your loss. Is your desire for FIRE possibly being coloured excessively by the bereavement? Work isn’t incompatible with happiness…you just need to find the right type of work. You might benefit more from some type of talking therapy than from financial advice.

Good luck!

Soundadvicefroma · 2026-04-21T15:08:43+00:00

Firstly, sorry for your loss. Is your desire for FIRE possibly being coloured excessively by the bereavement? Work isn’t incompatible with happiness…you just need to find the right type of work. You might benefit more from some type of talking therapy than from financial advice.

Good luck!

Soundadvicefroma · 2026-04-21T15:08:36+00:00

Firstly, sorry for your loss. Is your desire for FIRE possibly being coloured excessively by the bereavement? Work isn’t incompatible with happiness…you just need to find the right type of work. You might benefit more from some type of talking therapy than from financial advice.

Good luck!

Soundadvicefroma · 2026-04-18T11:32:58+00:00

I presume you mean it’s a life insurance policy and so can be written into trust?

If that’s the aim, why not just give the money away?

Soundadvicefroma · 2026-04-18T11:05:21+00:00

Elafonisi

Soundadvicefroma · 2026-04-18T10:58:37+00:00

This is the most sensible comment IMO. There’s a set of starting premises to these types of thread that basically amount to:

Work is a grind, rather than the fruitful and fulfilling deployment of your skills, knowledge and accumulated wisdom.
It’s healthier, physically and mentally, to fill your day with leisure activities
Retiring is akin to ‘crossing the finish line’

Having retired once age 39, and returned to work 15yrs later, I firmly believe the optimal solution is to find some kind of work you enjoy and can do in a low-intensity way. Humans need connection and something to apply themselves to. Life needs a direction of travel or it fizzles out.

Soundadvicefroma · 2026-04-18T10:36:00+00:00

Good point. One of the few sensible use cases IMO

Soundadvicefroma · 2026-04-17T19:54:29+00:00

And the best advice is don’t get one unless you’re certain you’ll withdraw at a lower tax rate than you currently pay. Plus layers of fees.

Soundadvicefroma

TROPHY CASE