A couple from Cheshire, a primary school teacher and an engineer, said they had both reduced their hours to save about £2,000 monthly in childcare fees, resulting in roughly the same financial circumstances as when they were working full-time.
“I can’t see us ever going back to full-time work as our better work-life balance is priceless, so I do worry about our pension contributions,” one of them said. “I’ve increased mine to counter the reduction in pay and we’re looking into getting a rental property to make up the difference.”
I’m not sure that may people can afford to reduce their hours, whilst at the same time make increased pension contributions AND consider purchasing another property to rent out.
I do think the meejah are in a constant struggle to find decent examples so tend to confine themselves to their readership rather than being able to go out and do proper investigative work. So, yeah, not everyone can look at rental properties and, to be honest, I think that as an idea they’d soon be disillusioned by that in the current climate… but…the rest of it is pretty routinely what’s going on.
