Financial future

[oldbag]

.. So for those of us who are lucky enough to own our homes (with mortgage), who can just about meet the bills each month, who own our cars and have had opportunities for education (free) and who can afford gadgets and holidays occasionally, are we the last generation who will have these opportunities?

What will the UK be like in the future? Full of the unfortunate uneducated, with no future? Has this situation begun already?

Will we end up with a situation whereby people will just 'get by' with no real opportunities?

 

[oldbag]

Currently there are 2 of us (wife and me) and currently I am the only one earning (a reasonable above average salary (50s) and with all the bills paid (including train travel, daily parking costs) there isn't much room to move. I find I get caned on tax, as though i were on 100k (why does someone on 100k pay the same tax rate as me, btw) and thinking of kids, it's almost impossible and what kind of life would they have? You need 2 people working minimum to be able to meet living costs, be able to save and have kids, but then, child care is expensive and how would that affect the kid, barely seeing their parents?

Then the kids grow up, want to go to Uni in order to stand a chance of earning well later on in life, come out with circa 40k debt (Uni costs, living costs) and then will have to find a decent job to tackle rent/mortgage/living costs. What future is there?