What is poverty nowadays?
Join Date: Apr 2012
Location: ESSEX
Posts: 274
Yawn.. same as every generation,it’s tough to be young and buy a house.. in my time early 90 s it was me and my wife working flat out to buy a three bed end of terrace 60,s thing on a very average area ./
we had a kid she went straight back to work to help pay off the mortgage car and furniture (remember them) loans ..My house didn’t regain its purchase price for 8 years. Despite inflation.. obviously I demanded my parents and their generation pay for this .. oh how they laughed..
work harder young people. Moan less as you are very boring... buy fewer 200 quid trainers and 600mquid phones at 45 pound a month. And get your arse out of bed and get into work before your boss. It’s not rocket science
we had a kid she went straight back to work to help pay off the mortgage car and furniture (remember them) loans ..My house didn’t regain its purchase price for 8 years. Despite inflation.. obviously I demanded my parents and their generation pay for this .. oh how they laughed..
work harder young people. Moan less as you are very boring... buy fewer 200 quid trainers and 600mquid phones at 45 pound a month. And get your arse out of bed and get into work before your boss. It’s not rocket science
Join Date: Nov 2000
Location: Cambridge, England, EU
Posts: 3,438
That's what most people seemed to do then.
Join Date: Jul 2010
Location: Asia
Posts: 1,376
US retirement sums would need to account for sky high medical costs whereas the UK has the NHS. Your retirement money goes a lot further in SE Asia, Central America and Eastern Europe if these are possible options for you.
Join Date: Jul 2013
Location: Everett, WA
Age: 67
Posts: 3,584
Cavorting, in many ways I have more disposable income now that I did when I was working, while at the same time my expenses are significantly lower (no commuting costs, no more social security taxes, etc.). Assuming you pay off all your debt before you retire, it's rather surprising how little it actually costs to live a decent lifestyle.
Join Date: Feb 2019
Location: West Country
Posts: 30
I borrowed the deposit from my Grandma, lied to the building society about it (you were supposed to pay the deposit with your own cash, not borrow it - FFS, whoever had that much cash??), then rented out two of the three bedrooms (against the terms of the mortgage, of course).
That's what most people seemed to do then.
That's what most people seemed to do then.
Join Date: Jan 2015
Location: Coasting South
Age: 67
Posts: 70
Join Date: Nov 2000
Location: Cambridge, England, EU
Posts: 3,438
Eventually this way of doing things changed slightly. More recently, lenders have officially allowed tenants, provided that the tenants sign a piece of paper saying "if the house is repossessed we'll move out without causing any trouble". (Not that any landlord bothers to get the new tenants to sign any such pieces of paper once the first lot have moved out. Hence only "slightly".)
Join Date: Nov 2000
Location: Cambridge, England, EU
Posts: 3,438
Of course this was back in the days when
- you could actually get to talk to a bank manager
- the bank manager's job was to look after his customers, not to sell them any old crap regardless of whether it would result in them going bankrupt next week.
Join Date: Jul 2010
Location: Asia
Posts: 1,376
The big shortcoming is the prescription drug coverage is much worse than what I currently have - but when I turn 65 I won't have a choice.
Prescription medicines are usually much cheaper outside of the USA and a trip to Mexico or internet shopping could be a good option.
Join Date: Apr 2004
Location: Richard Burtonville, South Wales.
Posts: 2,147
Está servira para distraerle.
Join Date: Jan 2002
Location: In a perambulator.
Posts: 3
That would be wonderful indeed if only the next generation could pay theirs thus relieving the previous generation of the shadow of being the central bank of last and equable resort.
But yes indeed, spot on, a season ticket to spring San Isidro and a box or two of 30-06 Remingtons for the autumn can be had quite inexpensively thus providing seasonal entertainment with the Norwegians furnishing the inter country transport.
Foul fiends or fiendish fowls indeed!
But yes indeed, spot on, a season ticket to spring San Isidro and a box or two of 30-06 Remingtons for the autumn can be had quite inexpensively thus providing seasonal entertainment with the Norwegians furnishing the inter country transport.
Foul fiends or fiendish fowls indeed!
Join Date: Jan 2008
Location: Farnham, Surrey
Posts: 1,203
My problem with that approach is that it doesn't treat people as grown-ups capable of making their own decisions.
Like, for example, subsidising pensioners in kind, rather than in cash, by giving them things like free bus rides and free TV licences. What if they'd rather have free gin? Shouldn't that be their choice not ours? Just drop all this nonsense and pay a decent pension FFS.
You do then get into the debate as to how to help people who are not capable of making their own rational decisions in their own interests, and yes, this does have to be addressed, but it shouldn't be the default assumption.
Like, for example, subsidising pensioners in kind, rather than in cash, by giving them things like free bus rides and free TV licences. What if they'd rather have free gin? Shouldn't that be their choice not ours? Just drop all this nonsense and pay a decent pension FFS.
You do then get into the debate as to how to help people who are not capable of making their own rational decisions in their own interests, and yes, this does have to be addressed, but it shouldn't be the default assumption.
As for NAROBs suggestion that the presence or not discarded nitrous oxide canisters is a measure of an area position in the social strata; forget it, they are everywhere in the UK, maybe more so in affluent areas.
Join Date: Nov 2000
Location: Cambridge, England, EU
Posts: 3,438
Free bus passes allow older pensioners to remain mobile, whilst keeping them from being a hazard to other road users (how many elderly drivers do you know with scrapes on most corners of their cars?). Free TV licences provide a way of keeping the elderly, deaf, pre-internet generation in touch with the world.
Thought police antagonist
Join Date: Jul 2003
Location: Where I always have been...firmly in the real world
Posts: 1,178
About the EU...and what it does for the UK......and what the Gov't, that's the "caring " party currently in power, doesn't do with the funding.....not that poverty exists in the UK according to the JB understanding of the word that is.......so why not just send the money back...and lo, they have !......please note also the EU definition of the recipients of this funding......the UK qualifies !
https://www.bbc.co.uk/news/education-49131685
https://www.bbc.co.uk/news/education-49131685
Join Date: Sep 2018
Location: Yorkshire
Posts: 155