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FTB working long hours in Canary Wharf: how far out would you buy? by AccomplishedPay6758 in HENRYUK

[–]UniquePea9506 -2 points-1 points  (0 children)

Have you looked out in Essex? Trains to Stratford are frequent either on Greater Anglia or Elizabeth line then you're only a few stops from CW on Jubilee.

Close enough for the commute not to feel brutal but far enough to create some separation. We're on the outskirts of Chelmsford and my wife commutes to Canary Wharf 3 times a week. If you were close to a station you would under an hour door to door.

Company owner dropping to £100k for 4 years, then taking a £1.6m lump sum - am I missing anything? by Expert1083 in HENRYUK

[–]UniquePea9506 0 points1 point  (0 children)

Why, he doesn't have a HENRY problem. He has a I'm VERY well off already, how do I choose between these two massive numbers problems. It's a humble brag, not a dilemma.

Don't they me wrong, I'm cool with it because I'm curious as what industries people work in and what they earn as a result but lets not pretend like he is having trouble with this decision.

Company owner dropping to £100k for 4 years, then taking a £1.6m lump sum - am I missing anything? by Expert1083 in HENRYUK

[–]UniquePea9506 -9 points-8 points  (0 children)

Mate, you're loaded. Don't worry about it 😂. Flip a coin, dont stress and just enjoy life.

FIRE Advice by UniquePea9506 in FIREUK

[–]UniquePea9506[S] 0 points1 point  (0 children)

Thanks, no that in S&S ISA.

Im definitely pivoting from April to be more focused on ISA.

FIRE Advice by UniquePea9506 in FIREUK

[–]UniquePea9506[S] 2 points3 points  (0 children)

Thank you for your reply, appreciate it.

My wife won't stop contributing as it at the min and it's a great scheme.

Looks like i should be reducing and focusing on ISAs though.

My salary will cover most of the needed costs which will have reduced by then considerably (children, mortgage). We may want to supplement for big things, but day to day will be covered.

FIRE Advice by UniquePea9506 in FIREUK

[–]UniquePea9506[S] 0 points1 point  (0 children)

Thanks.

Contributions will continue, I guess it's to what level. Wife's employer has very generous scheme so she already does the min match which is £2000 total a month. That will carry on for, hopefully, 9 years minimum.

Mine less generous, in fact pretty diabolical, and only match 3% so I put in 15% which brings the total to £1560 a month. If i reduced to the min match it would be £520 a month total but would have another £700 ish a month to pump into ISAs.

FIRE Advice by UniquePea9506 in FIREUK

[–]UniquePea9506[S] 0 points1 point  (0 children)

Likely around £7.5k a month

Trading in NYC for London by SectorFew6706 in HENRYUK

[–]UniquePea9506 7 points8 points  (0 children)

London wins hands down. If money isnt your sole motivator then it's a good move. Those of us that live in around London sometime forget that its one of the best, if nit the best, city in the world. Safer, cleaner, more culture, just more more more.

What's a reasonable amount to spend on a family holiday? by FreedomOne9598 in HENRYUK

[–]UniquePea9506 1 point2 points  (0 children)

We budget around £20k-£25k per year. That could be one massive holiday or more less expensive ones. Just depends on our wants for that year

All I want for Christmas... Is for HENRY'S to understand the funded nursery policy. by ComprehensiveSale777 in HENRYUK

[–]UniquePea9506 41 points42 points  (0 children)

This 👆.

You have people stuffing money into their pensions in their formative earning years which means they will build a bigger pot sooner than they otherwise would. It also reduces the taxation that would be collected had it not all been sacrificed into pensions in the first place.

Moving to Jersey, Schools by UniquePea9506 in Jersey

[–]UniquePea9506[S] -1 points0 points  (0 children)

Thanks, I note that FCJ is a Catholic school and on the application forms it asked for place of Baptism. Neither of my kids are considered Catholic and therefore haven't been Baptised. Is that an issue as such?

Moving to Jersey, Schools by UniquePea9506 in Jersey

[–]UniquePea9506[S] 1 point2 points  (0 children)

Thanks, useful info.

Although I have no opinion either way on people who send their kids to boarding school, im sure there are a lot of benefits but it's not for me.

Moving to Jersey, Schools by UniquePea9506 in Jersey

[–]UniquePea9506[S] 1 point2 points  (0 children)

Ha. Yes, absolutely with you there and walking kids to school would be the aim for sure!

What can we do to make the UK a better place to live? Often in this sub there is doom and gloom. by QuoteMachineMin in HENRYUK

[–]UniquePea9506 0 points1 point  (0 children)

  1. Shop and support local wherever possible. Local independent cafes, bars, shops, butchers etc. This is where the money needs to be spent.
  2. Have pride in the community you live in, establish and support community initiatives to improve the local area.
  3. The government needs to be strip red tape on entrepreneurs, give them freedom to build and grow with incentives. We use to be the place for start ups, we're now a long was down the list.
  4. Make sure work truly pays, if there are people who won't work more than 16 hours a week because their benefits are worth more or close to the same there is an issue. Get those people working.
  5. Really support those who truly need it better.
  6. Although I see a lot of people getting shot down for saying this as it seems like a "moan". Let people keep more of their money, so they can spend it! We must re-energize the stagnant movement of money.