Re: Rising cost of living
 

In fairness I think Jaymoss is aiming for the more nuanced point than saying none. A person earning 45k is more likely to have some scope than someone earning the national average or on benefits but agreed that doesn’t mean they all will (or everyone in the latter groups aren’t in a position to).

Re: Rising cost of living
 

Thats the same thing, if you have "headroom", then you dont have any issues. When you run out of headroom, you have an issue.

Re: Rising cost of living
 

Semantics Paul come on. If you have a little headroom and jump you bang your head if the ceiling is 2 foot above your head you are less likely to

Re: Rising cost of living
 

Indeed, easy access to cheap credit, savings, remortgaging etc the struggle will be different in a lot of cases

Re: Rising cost of living
 

The headroom is selling your home. £45,000 pa sounds a lot to many people but if you can barely afford your mortgage, you are in the same state as every one else.

The grass always seems greener on the other side, dunnit?

Re: Rising cost of living
 

I know people live by their means but with more funds there are more things you can tighten your belt on. Simply by changing shopping or buying less clothes or cheaper ones. I would put money on someone on min wage showing full expenditure and someone on 45K showing theirs that it would be a hell of a lot easier to free up a grand on theirs rather than those on min wage. I would bet a good few of them could cover the bills alone by not going on holiday abroad for example

Re: Rising cost of living
 

Interesting.

https://www.cableforum.uk/board/show...postcount=4138

Could it be that 45 grand, about 1.5 times the average salary, buys you a seemingly miserable existence is the reason for low productivity in the UK?

Re: Rising cost of living
 

It is not clear what your point is. I dare say that those earning £45 grand are not the ones creating our low productivity levels. You have to work pretty hard to get to that salary level, as a general rule.

Re: Rising cost of living
 

They’re working hard for their Dickensian existence comparable with those on half their salary, and on benefits? :rofl:

Can you point me to this “general rule” you speak of? Or are you making baseless assumptions, another of the sweeping generalisations that are a staple of your decreasingly credible posts?

A Tube driver gets 50 and doesn’t even have to steer.

My money is on (as a general rule, indeed) the grass being more often greener for people on 45 grand than 25 grand, just as it is for those on 25 compared to those on 15.

Re: Rising cost of living
 

It sounds to me that you begrudge the train drivers their higher salaries than you are getting, although I note that you are not yourself a train driver. I wonder why not? Too much responsibility? Too many unsocial hours? Lack of concentration?

We can both do insults, jfman. Let’s try to debate the actual subject … if you dare!

Re: Rising cost of living
 

That’s quite funny OB. A baseless post followed up by a baseless post. Maybe I’m earning more than a Tube driver, for less hours, with less responsibility, concentrating far less and in a cheaper part of the country?

Maybe I’m red-green colour blind?

Maybe all of the above is true. Either way it’s entirely irrelevant and none of your business OB. Your invitation to debate the subject at hand is quite entertaining since you are the one who derailed it.

Pointing out you have no evidence base for your increasingly spurious posts might hurt your feelings OB. However, if you take them as insults then that’s perhaps indicative that you should spend less time clutching at straws on an ever increasing range of topics for which your only interest is to defend the Government and/or denigrate the young and poor.

Re: Rising cost of living
 

Re: Rising cost of living
 

Re: Rising cost of living
 

I’m sure there will be many examples against the trend, particularly those who have in the last few years borrowed at or near the maximum they can for a mortgage. The underlying assumption is a greater rainy day fund and/or greater discretionary expenditure (socialising, holidays, more expensive car). It won’t be the case for everyone, and the squeeze on multiple fronts (mortgage rates) certainly has the potential to exhaust much of this in the coming months for many of those that do have the luxury.

Less discretionary expenditure has wider economic impacts for those employed as a result of it in pubs, cafes, restaurants, retail, etc. I’m certainly not intending to imply they’ll have no problems individually nor present a wider economic problem even if they can tighten their belts accordingly.

Found an interesting read - it doesn’t answer the question but an indication of just how many households savings could be decimated if this lasts a couple of years.

https://www.nimblefins.co.uk/savings...avings-uk#nogo

Re: Rising cost of living
 

Spot on.

But it seems that Unions nowadays are more focused on improving the outcomes of the 45, than the 25 or indeed the 15.