Jump to content

Living beyond our means, or just poverty?


Recommended Posts

We do have more 'stuff' to be sure, partly because much of it's so cheap (Primark, ebay etc,) but is that really the heart of the problem, or are they just there to disguise the real problems?

 

Food, rent, utilities etc have all gone up exponentially, and bureaucracy costs as well; taxes, council tax, Vat, insurances, licences, contracts, fines, bank charges, debt repayments etc.

Entertainment and holidays are a thing of the past for many. Savings as a % of disposable income are the lowest they've ever been since records began in 1963.

 

Real taxation is now the highest it's ever been, (49p in every pound apparently.) So at least half of what we earn goes directly back to the government one way or another. And that's everybody, not just high income earners.

 

http://home.bt.com/lifestyle/money/mortgages-bills/do-you-know-how-much-tax-you-are-actually-paying-11364066050252

......."Entertainment and holidays are a thing of the past for many"!...........record numbers at Arena's, Scarborough beach,Airports .. Channel tunnel, and other holiday destinations...??? do you think you ought to get out a bit more Anna and see what's going on other than where you live?
Link to comment
Share on other sites

Define disposable income?

I don't know what I was bringing in when the crash came but the belt got tightened pretty quick. Then again I was talking to someone who was getting a payday loan to get something for their child's 3rd (might have been 4th) birthday. Im not sure how you'd adjust that mentality.

 

What you've got left after paying for food, rent (or mortgage) and utilities.

Link to comment
Share on other sites

.......but the vast majority in this country don't have to. You can always cherry pick statistics to suit your political outlook, but from where I stand, most are far better off from when I was starting out!

 

A car and the internet are now essential requirements for any family. Having both is now a luxury, kids need the internet to do their homework.

Link to comment
Share on other sites

Could you live on a disposable income of £5,000 a year?

 

er yes if i had to! thats a fact of life but unfortunately the entitlement culture tells people that they dont have to!?? and thats the problem no incentive to get more income for the lazy!

Link to comment
Share on other sites

What you've got left after paying for food, rent (or mortgage) and utilities.

 

Hang on. Lets be absolutely clear here.

 

What you are saying is that the absolute poorest 10% of households still have a disposable amount of just under £100 per week AFTER paying out for housing, food and utilities.

 

That's "poverty" is it????

 

As I say before. Proverty isn't a problem in this county. People having realistic expections is.

 

---------- Post added 28-07-2018 at 19:25 ----------

 

A car and the internet are now essential requirements for any family. Having both is now a luxury, kids need the internet to do their homework.

 

Yes they do, but internet is available for free in dozens and dozens of locations in every town and city. Even for home supplied internet its still from merely £10-20 a month. (that would equate to less than 3% of that monthly disposable income)

 

As for a car I would wholly disagree. Why exactly has that suddenly become an essential item? Plenty of families dont have one - particuarly in areas of high density population. Even less families had them 30 years ago.

Edited by ECCOnoob
Link to comment
Share on other sites

Yes they do, but internet is available for free in dozens and dozens of locations in every town and city. Even for home supplied internet its still from merely £10-20 a month.

 

It may be free in some instances, but not everyone can get a free offer every time.

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.