Not every child would have the guarantee of capable parents sadly.
2022 mini-budget discussion
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Not every child would have the guarantee of capable parents sadly.
Thing is, my parents grew up in a world where a mortgage is pretty much the only debt, maybe a car loan.
The world kids grow up in today, is so different, debt is like fast food - it’s piled onto everybody, everywhere you go.
If the government cuts benefits to the poorest in society people should be in London rioting. This is quite possibly the worst time to talk about cutting benefits unless its to take them from the rich. For some reason I doubt they are planning to do that though after already cutting the tax the rich pay....
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I'll always remember at school, aged around 11, when the form master asked if we knew what compound interest was. A Jewish lad called Oleski put his hand up and gave a really in depth account of what it was, and how it worked, offering to demonstrate it with a box of matches.
The form master nodded sagely and said "Oleski will go far, just never borrow any money off him"
I think he became some high flyer in the banking world, he used to rile the maths teacher by constantly telling him there were better and more efficient ways of arriving at "X"
HM Treasury shouldn't be allowed to publish lies like this to cover up for Kwasi's incompetence. Damn lies
How does somebody on £30k per annum afford a £600k house as a first time buyer when their 25-year mortgage of £600k @ 4% interest would cost £3167 per month, so £38,000 per year????
How does somebody on £30k per annum afford a £600k house as a first time buyer when their 25-year mortgage of £600k @ 4% interest would cost £3167 per month, so £38,000 per year????
However it is still a choice to take on that debt.
partner earns too
And if they earn 1million they save £55000, funny they stopped at £30k.
Nope, they are assessing the pension triple lock as well as its not affordable for them to increase pensions by inflation next year. They really will slump in the polls if they lose their blue rinse brigade votes.
Scrapping state pension triple lock ‘under consideration’, warns minister
Chris Philp did not rule out backing down from the 2019 manifesto commitment
www.telegraph.co.uk
Incredible.
The markets appear to like it as the pound has been recovering. Must be good if the markets like it as so many here were holding up the markets as the example for the mini budget being bad and that they know best.
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My parents taught it into me. Unfortunately many parents are terrible with money.
Well the savings are then split as well then?
I suspect they were 2 separate statements. Of course with a large enough deposit and/or perhaps another person in the household earning money that would help.
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This is why they post things like that, because people always believe them and defend them.
I think mentioning the total savings was not helping.
Yea, because the markets are the singular metric everyone goes by to judge if something is good or bad.The markets appear to like it as the pound has been recovering. Must be good if the markets like it as so many here were holding up the markets as the example for the mini budget being bad and that they know best.
So basically the tweet is accurate. (if the household has about £450k in savings on a £30k salary) lol seriously..
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