The UK financial situation is depressing!

OP

Original post by StriderHort

Where are you budgeting £800 for rent? (more than double mine) If you're talking about London that's one single city, and an outlier at that.

yes, I'm talking about London, because that's where im working.

Reply 4

Original post by money-for-all

yes, I'm talking about London, because that's where im working.

Well London is notorious for having one of the highest and out of sync costs of living in the world, and if you want to play with the big boys and girls that 25k starts to look pretty pedestrian. It doesn't seem fair to apply this thinking to the remaining 90% odd of the UK surely?

Reply 5

OP

Original post by StriderHort

Well London is notorious for having one of the , ghest and out of sync costs of living in the world, and if you want to play with the big boys and girls that 25k starts to look pretty pedestrian. It doesn't seem fair to apply this thinking to the remaining 90% odd of the UK surely?

ok, but even if we apply this salary to the rest of the UK,

Let's say rent is £600/month, for a 1 bed flat.

Then you still only have £300 left over? Cmon man, you can't tell me that you are happy with this?

Seems like the UK doesn't reward hard working people.
People on benefits seem to get the same amount per month from the government and they don't have to ****ing work at all, or do very minimum work.

Reply 6

cool shade

1

Original post by money-for-all

ok, but even if we apply this salary to the rest of the UK,

Let's say rent is £600/month, for a 1 bed flat.

Then you still only have £300 left over? Cmon man, you can't tell me that you are happy with this?

Seems like the UK doesn't reward hard working people.
People on benefits seem to get the same amount per month from the government and they don't have to ****ing work at all, or do very minimum work.

Benefits for an individual are very little(not enough to survive on)

benefits for a family with children is good

Reply 7

cool shade

1

Original post by money-for-all

ok, but even if we apply this salary to the rest of the UK,

Let's say rent is £600/month, for a 1 bed flat.

Then you still only have £300 left over? Cmon man, you can't tell me that you are happy with this?

Seems like the UK doesn't reward hard working people.
People on benefits seem to get the same amount per month from the government and they don't have to ****ing work at all, or do very minimum work.

Everything is expensive every country even USA or China

Reply 8

Universities Forum Helper

Original post by money-for-all

ok, but even if we apply this salary to the rest of the UK,

Let's say rent is £600/month, for a 1 bed flat.

Then you still only have £300 left over? Cmon man, you can't tell me that you are happy with this?

Seems like the UK doesn't reward hard working people.
People on benefits seem to get the same amount per month from the government and they don't have to ****ing work at all, or do very minimum work.

Your rent budget seems OTT to me, Mine is £350 for a 2 bed. I'd argue if you want to live in a premium area you need to pay a premium, and that means moving beyond entry level grad jobs and making something substantial of yourself. Or simply lucking your way into it.

If you want to tell me the fairness/economics of living in London are messed up, I'd totally agree, but I'd suggest people can leave and find places more reasonable to afford, they're making a choice to try and 'make it' in London.

Reply 9

Admit-One

Imagine feeling hard done by with £300 savings every month as well as running a car and then some dreadful budgeting including:

Food = £150/month
Socialising = £120/month
Clothes = £50/month
Miscellaneous = £50/month

Spolier: Folks on benefits can't save £300 a month or save for a house.

Reply 10

cool shade

1

Original post by Admit-One

Spolier: Folks on benefits can't save £300 a month or save for a house.

Reply 11

OP

Original post by Admit-One

Imagine feeling hard done by with £300 savings every month as well as running a car and then some dreadful budgeting including:

Food = £150/month
Socialising = £120/month
Clothes = £50/month
Miscellaneous = £50/month

Spolier: Folks on benefits can't save £300 a month or save for a house.

How is this poor budgeting? I'm living on a cheap budget man.

I need £10k deposit for a house. I ain't getting that anytime soon.

people on benefits can't save £300/month because they don't need to? They get homes from the council, transportation money, phone bill paid for.

Reply 12

OP

Original post by cool shade

Benefits for an individual are very little(not enough to survive on)

benefits for a family with children is good

Mate, you clearly have no idea.

The council give you a flat, money for transportation. What else does a single person need?

the uk favours the lazy and discourages the hard workers.

Reply 13

Ameliabunny

11

800 a month is quite high for rent. Either you would have your own place (I know lots of people with housemates even in late 20s) and/or live in London. Most people I know on 20-30k don't live in London or if they do it's on the outskirts.

I agree with your general point though OP. Our parents' generation had it easier.

(edited 2 years ago)

Reply 14

OP

Original post by Ameliabunny

800 a month is quite high for rent. Either you would have your own place (I know lots of people with housemates even in late 20s) and/or live in London. Most people I know on 20-30k don't live in London or if they do it's somewhere the rent is cheaper.

I agree with your general point though OP. Our parents' generation had it easier.

Imagine working hard, getting a bachlors degree, masters degree (while working part time throughout uni for rent/food etc)..but then still having a roommate at the age of 24?

**** the uk salaries

Reply 15

Yeah... benefits really isn't the bonanza you seem to think, qualifying and waiting for social housing is a totally different matter to 'benefits' and you might, MIGHT get help with transport or communication costs if it's employment or child related.

Not to mention your income can be whooshed out from under you with 0 notice for any number of flimsy reasons.

Reply 16

Ameliabunny

11

Original post by money-for-all

Imagine working hard, getting a bachlors degree, masters degree (while working part time throughout uni for rent/food etc)..but then still having a roommate at the age of 24?

**** the uk salaries

I think it's bad in the US too and several other parts of the world but yeah, having housemates always sucks in my experience. Even with the nice non psycho ones, you just never have your own personal space.

Out of curiosity how much would you like to be saving per month on your salary?

Reply 17

Original post by Ameliabunny

I think it's bad in the US too and several other parts of the world but yeah, having housemates always sucks in my experience. Even with the nice non psycho ones, you just never have your own personal space.

If it's good enough for Friends™ it's good enough for you :tongue:

Reply 18

OP

Original post by StriderHort

Yeah... benefits really isn't the bonanza you seem to think, qualifying and waiting for social housing is a totally different matter to 'benefits' and you might, MIGHT get help with transport or communication costs if it's employment or child related.

Not to mention your income can be whooshed out from under you with 0 notice for any number of flimsy reasons.

Look man, I respect your opinion, but someone on benefits and someone working a 9-5 job, has the same living standard...so whats the point of putting in the hard work? i should just sit back relax and be a ****ing bum and doing nothing for a living.

smoke pot all day and drink alcahol. because i'll enjoy that more than working 9-5 making just £300 saving a month

Reply 19

OP