Signs you are doing well financially.

[teeonethousand]

I think it’s down to how much time you have to use up to think about money….used to be a lot to keep the plates spinning….now, hardly at all 😀

 

[Moderators]

News and Current Affairs as well as off topic posts have been removed.

 

[rogerzilla]

I think you can sum up Buddhist philosophy as "jealousy, and wanting stuff you don't have, is what makes you unhappy and do bad things".

 

[roubaixtuesday]

I think you can sum up Buddhist philosophy as "jealousy, and wanting stuff you don't have, is what makes you unhappy and do bad things".

Other religions are also available...

Thou shalt not covet thy neighbour's house, thou shalt not covet thy neighbour's wife, nor his manservant, nor his maidservant, nor his ox, nor his ass, nor any thing that is thy neighbour's

...

And again I say unto you, It is easier for a camel to go through the eye of a needle, than for a rich man to enter into the kingdom of God.

 

[Salad Dodger]

When I left school, I went straight out to work. Working for a high street bank. The pay wasn't good, but after a few years I became eligible for a car loan and/or a mortgage at very advantageous rates.
There were two basic rules to working in the bank:
1) don't nick the money.
2) don't go overdrawn. Ever.

It has proved to be good training for adult life.

I moved on to other jobs in later life, but always stuck to the policy of living within my means. Now I have a useful pension from the bank, plus my state pension, and I still operate on the basis of not buying something until I can afford it without going overdrawn......

 

[rogerzilla]

Whoever said "look after the pennies, and the pounds will look after themselves" was talking rubbish. Focus on the big stuff and things that commit you to spending £100s a month (or worse, potentially escalating) for a long time. Sort out a pension as soon as you start work. Plan for the worst-case scenario. In the past, you could assume real-terms pay growth, which would rescue you from overcommitment. Not now.

 

[Gunk]

It would be nice to have a response from someone who has pissed all their money up the wall, it would provide some balance

 

[Threevok]

It would be nice to have a response from someone who has pissed all their money up the wall, it would provide some balance

That would be me

It's a perfectly sound financial model, providing you run out walls before you run out of money

 

[Mrs M]

My neighbour, who has a BMW, a 4 x 4 and a SAAB drop top has told me - an hour ago - that she is ‘a better class‘ than me because she has more money than me and can run 3 cars, has a 70” TV (that sounds massive to me), a massive hi-fi, brand new furniture and kitchen (landlord has just done an upgrade to hers) and 5 dogs. She said much more but most of it was profanity and name calling and I can’t remember the order of it.
Unlike her, I work and have done all my life, since leaving school in 1980. Yes I have been to college and University too but worked then too. I have one 09 reg car, which is paid for. A few bikes, also paid for. Everything I own has been saved for to be bought.

I am not sure what ’class’ the 29 year old, next to me is. She has never worked, ever. She had her first child at 16 and has had 2 more since. She likes to tell me that she is ‘better’ than me because she has all this money thrown at her by ‘scrubbers like me, money grubbing to pay her bills’. I certainly think that I have better manners. She has just told me that I am a failure as I don’t have life trappings. Maybe, I don’t have an IVA or an ASBO either. Neither, in my opinion, are desirable in life.

I don’t think that I am going to try for her ‘status’.
Actually, I have seen many people trying to keep up with the Jones’, as my parents use to call it. I have seen people financially broken by it too. Now I work for a bank, in the debt department and see the horrors, I think that the status game is a losing one. I have watched a few videos from the YouTube lady, she speaks a lot of sense.

Never a borrower or a lender be, is what I was told, growing up. Don’t buy things on the ‘never never’ and you’ll be fine. I always have been too. I have a spreadsheet and I am not afraid to use it.

Your neighbour sounds like an entitled underclass and too stupid to realise it!
Sorry you live near that 😞

 

[BoldonLad]

It would be nice to have a response from someone who has pissed all their money up the wall, it would provide some balance

I will see if I can persuade Son No2, or, my brother-in-law, to post

 

[Grant Fondo]

It's certainly got tougher the last few years. I now light my cuban cigars with tenners not twentys.

 

[Jody]

It would be nice to have a response from someone who has pissed all their money up the wall, it would provide some balance

Solidarity @Threevok

I'm not far off

 

[Jameshow]

That would be me

It's a perfectly sound financial model, providing you run out walls before you run out of money

I can do that!!!

££££££ gone..

 

[rogerzilla]

It would be nice to have a response from someone who has pissed all their money up the wall, it would provide some balance

Google Michael Carroll.

If you develop a habit for Colombia's best-known export, it's amazing how quickly you can rip through a few million.

 

[MrGrumpy]

I will see if I can persuade Son No2, or, my brother-in-law, to post

Got one like that as well , can’t save for toffee .