BBC2 Programme looking for you
 

Hello all

We're making a second series of the BBC 2 programme "Bank of Mum and Dad" - a programme that looks at personal finances and more specifically debt. The programme takes a detailed look at the finances of the people who take part & plots the quickest route back into the black.

We're particularly interested in featuring people between the ages of 21 and 35 who have possibly got themselves into debt through their passion for flying.

Has gettting into aviation meant that your bank account has gone into the red?

I'd be really grateful if you could get in touch or forward on the details below.

Alternatively, if you've got a query then please post it here & I'll do my best to answer it.

To find out more contact us today on:
Freephone 0800 032 7032
Email [email protected]
Text BOMAD & your full name to 83199
(standard text rates apply)

or visit our website:
www.bbc.co.uk/bankofmumanddad


Best wishes.

HILARY EASTER JONES
BBC TELEVISION

Reality debt tv.
 

Not sure how much the beeb are aware of how the financial turmoil and implications that such a large loan has on young people in pursuit of their dreams.....Suffice to say that having your own personal documentary to remind you everytime you look at the home video shelf of the financial trauma it takes is not too appealing.

Still I am sure that there will be some wannabe egos that will need massaging. If the Mum's and Dad's were rich they sure as hell won't be anymore. I look forward to watching.

Still here to answer any queries you may have.
Dominic

better still, how about a show on people who are 100% self funded (ie not getting a sub from mummy and daddy). Far more interesting, as training is even more difficult for people in this situation-and people getting in to 30,000GBP debt, which they will ahve to cover (not mummyand daddy) will make for much better television

The show is not about people who get money from their Mum and Dad. It's a financial makeover show that helps people who've got into huge debt, through what ever process, by bringing in a top financial advisor AND their parents to take control of their finances.

Ideally, the parents wouldn't know the level of debt the son or daughter was in.

How much is a large dept mines 26 grand and thats after being a full time heli pilot for the last 3 years.

Dom, Sorry mate you are cluching at straws, Everyone has taken a big risk to do this. Rogé

We've had about 6 good responses so far from this board. It appears there are pilots out there who need help with their finances. It's a fantastic opportunity not to be missed. You'd pay an arm and a leg to get a financial advisor to go through all of your figures.

If you want to know more abou the show look at www.bbc.co.uk/bankofmumanddad

and please remember it's not wifeswap!

Dominic

Given it was my oldies who remortgaged their house in order to loan me the dosh to do the training, they are aleady perfectly well aware of how much debt I have as I owe it to them! Unless I pop my clogs and they can take their stake of my life assurance, I doubt they're going to see any of it anytime soon. :D

Eddie Hobbs is your man for the job;)

would be a great thing to do if u don't mind ur dirty washing being aired in public, so to speak!!

personally, i'd be a tad embarrassed about it:O

Jafo33, a little radical don't you think?

Now, what I think would be a good idea would be to lobby the politicians (who, after all spend a lot of their travelling time in aeroplanes, and hence benefit from the dedication of pilots, whatever they have done to raise the finances for their training) to make them reduce, or eradicate the tax on avgas, this would make the cost of GA flying, and hence training significantly less. What do you think?

<edited to add a question mark!!>

Of course, if any foreign airlines reciprocated the favour after having their nationals thrown out of the UK for occupying pilot's seats, you may find even more jobless pilots than is currently the case.

Paying to have your CV looked at can't be right, though. Sounds like an unfair labour practice.

I'm financing it myself and keeping out of debt, working within the industry while gaining my flying qualifications - best option!

Stress free, and no worries about finances.

Why put yourself in a risky stressful situation when you have no one to bale you out.


Better to avoid getting into debt in the first place and work your socks off and save! .. that's my advice :ok:

Sounds like a marvellous idea. Get yourself a financial makeover by professionals, plus a load of publicity to show "here I am, I'm a decent sort worthy of an airline job".

I'm pretty fortunate in that having got a CPL/IR and a FI(R) I'm 'only' £5200 in debt (oh, plus £1200 on a student loan and £3K still to pay on my car), so probably not the best person for the show. Someone with a £50K debt and a remortgage would make for MUCH better TV!!!

Good on you, BBC for doing the show, and whichever lucky bugger it is who gets to go on the show.

jafo33
"If you want to help us clear our debts, tell the government to put British pilots first when job vacancies arise. Kick out all the foreign pilots (that would open up half of Easyjet at least), reform the old boy network and get rid of the situation where we have to pay airlines to READ our job applications!"

The airline that charges you to send in an application is an Irish company employing plenty of British pilots.

If your views on "foreigners" working in your country(all of whom have a right to do so) don't come accross in an interview, I am afraid you won't get very far.

jafo33: With all due respect - you have no idea what you are talking about.

As I am sure Solid Rust Twotter will confirm, there are many European pilots flying South African registered aircraft in Africa on validated South African Licences when there are plenty of unemployed pilots back in SA desperate for a break.

In fact, more than half of my colleagues that fly our ZS registered aircraft do not hold SA licences, but validated licences that can be obtained in less than a week in most cases.

Even though I am a British Citizen what are my chances of validating my SA ATPL to fly in Europe??? Pretty slim.

DomBBC

I can see the benefit of such a programme and how it would make interesting viewing, however:

Any prospective employer will be interested in many aspects of a candidates character; managerial expertise, leadership, organisation skills to name but a few. Financial (in)competance could be assessed alongside managerial competetance and many other attributes.

A person appearing on a national TV programme will expose themselves in advance to all HR managers who may be watching. I would be reluctant to tell a future employer how much I had let myself slide into the red.

Anybody thinking of taking part - think very carefully because once it has been made you can not go back!

Replies
 

Hi there,

Just to answer a few of the questions and points raised.

We cannot pay the people who take part in the show as it's actuality television. As soon as we start paying people it becomes drama. We would cover any expenses incurred as a result of being in the programme. ie. Loss of earnings

The benefit of being on the show is the financial advice which should turn your finances and life around. People who are in debt of 50K+ tend not to sleep very well at night and knowing that you are finally tackling the source of worry is good for your health as well as your bank balance.

The decision to be on television and talk about your debt is yours alone. It would be an opportunity to highlight the amount of debt pilots have to take on in order to pursue their careers. As for informing HR managers that you are unable to manage your finances, I'd assume if they know anything about pilots, they know they have debt. I've been on the site for 2 days and I already know how the average debt you guys have.

Thanks and keep phoning in. Some of the calls have been facinating.

Dominic

i suppose the fact that they are paying for a finaancial advvisor that would normally cost a lot of money would be payment in itself

had a look at the website...do people's parents have to take part?
i thought that was hilarious, if not a tad scary lol