Does the current financial climate in the UK worry you? - Page 3 - UK-Muscle Body Building Community

bigdaftjoe · 05-07-2008, 10:42 PM

noobus i make love furiously and brutally will that do? on a serious note my household income is 55k a year and we are feeling the pinch :(

Lost Soul · 06-07-2008, 06:03 AM

Thanks for the posts so far

anyone worrying about the tax on older vehicles...looks like it may sting some people and the 'lower income families' at that

Quote:

Originally Posted by bigdaftjoe

noobus i make love furiously and brutally will that do? on a serious note my household income is 55k a year and we are feeling the pinch :(

That for Sunderland is a lot though, how are others in your area finding it?

GYMBABE · 06-07-2008, 08:00 AM

i am a self employed personal trainer and havent seen a down turn in business yet although some of my client partners have been made redundant but luckily found new jobs v quickly.
The one thing that i have noticed is how much fuel i am putting into my car - i used to put £20 a week in and be more than comfortable - now its more like £50 !!

bigmitch69 · 06-07-2008, 08:33 AM

Fuel is just stupid, i spend over 100quid a week in diesel! I haven't noticed my food bill going up, i think there are always 'deals' in various supermarkets so just got to shop around. Definately noticed energy bills going up. I have cut back on going out but think that is also due to getting older now and not having as many holidays as past years and i am selling my car because running 2 vehicles is unnecessary. (its on sale on this board if interested ha ha) I'm self employed and get paid alot in cash so i'll just declare less earnings this year to cover the bills.

I am moving to Australia in 18 months, lived there when i was younger, hot weather, better surf, cheaper cost of living and my wages would be the same so i'll be better off. I England, Britain but think this country has been going down hill for a long time!

paulo · 06-07-2008, 11:01 AM

whatever was the government of the day we would be in same position-its due to world events

but to answer the question-yes it worries me a bit-should have sold house last year

dmcc · 06-07-2008, 05:48 PM

I'm not overly concerned: I have a secure job with decent pay, no credit liabilities other than a few hundred on Mastercard, and I moderate my outgoings by shopping around, as I always have done.

But I understand why many people are feeling the effects and are worried. But how many of these people worried about credit got themselves in over their heads because they didn't/couldn't exercise a bit of self-control?

pea head · 06-07-2008, 07:43 PM

so so at the moment..not to the point where im going grey with stress,but it does make me think about it each time i put my hand in my pocket.
as i am looking for a new motor,this tax and price of fuel is a major **** take!!

so mr gordon brown how does it feel to dry bum rape millions on a day to day basis?.......pretty good i imagine,hope you pay for your sins in another life.

pauly7582 · 06-07-2008, 10:56 PM

I'm constantly worried, stressed and have little to no disposable income, despite at 25 years old having an excellent, secure, well paid job, well above the national average and miles above what someone my age typically earns.

If I'd done what I do now 10 years ago I'd be classed as an affluent young bachelor yet now I just 'get by'.

I'm not married, live alone (bought my first property 3 years ago), have no dependants and I can just about afford a decent apartment, above average car and a cheap holiday if I'm really careful with my money.

Although my existance is a very happy one in all things non money related, with regards to lifestyle etc I consider myself just to be 'getting by'.

People like me are bled dry at the moment.

Predator · 07-07-2008, 12:06 AM

I'm not worried about it. More just annoyed that it has happened.

This country should have a solid economy.

It's even harder to swallow when every week you have to read about some mid ranking no mark MP earning too much for too little and still getting caught with their fingers in the till.

It seems like the answer to all of Britains problems is tax and higher tax.

Rant over and sorry!

Predator

Magic Torch · 07-07-2008, 08:52 AM

Hmmm it kind of effected me a little bit, but I just restructured my debts nicely from it. I think less people are borrowing so lenders are giving decent rates on loans etc to people with good credit.

I guess my job should be under threat, my company lost 500million last month but they are still up 2.6 billion year on year so its not too bad yet, another few months like that and it could be tho :( Still there are lots of jobs in my sector and i'm sure I'd get another one quickly. I had a few interviews elsewhere last month and had some good feedback, I didn't persue any tho, I guess that in my mind its a bad time to move (last on in, first one out), and also that bonus's are decided a little bit by length of service and this should be my third and considering the market conditions, it may be a lot less elsewhere.

I have lost around 50k since November on stocks tho, my company gave us all decent stock grants and since then our share price has dropped from $32 to $16.5 - a direct follow on from the 'credit crunch', but that money was never really mine, but still it hurts lol.

Fuel and food tho havent really effected me, between me and my GF we pull in decent money for a young couple and so disposable income is high (given we both work in town, lunch, coffee etc it has always been expensive).

andyboro · 07-07-2008, 09:27 AM

Quote:

Originally Posted by Lost Soul

That for Sunderland is a lot though, how are others in your area finding it?

well im in Teesside which is 20 miles down the road and we're doing fine on around 10k less than that!

Mr Brown · 07-07-2008, 10:20 AM

Feeling it the same as most other people. £50 every six days to fill up. Food bill is noticeably more expensive, I need to go back to weekly shops again me thinks.

I've got outstanding debt which R4pes my account every month.

Car loan from 4 yrs ago plus credit cards. Bout 8K in total, looked at sticking it on my mortgage but not sure that's the best way to deal with it.

dmcc · 07-07-2008, 08:38 PM

Quote:

Originally Posted by Magic Torch

I have lost around 50k since November on stocks tho

Ouch. In saying that, I've got shares in HBOS and a year ago they were worth over £10 each...

Magic Torch · 08-07-2008, 08:31 AM

I know, but like I said it wasn't like I actually ever had it, but it still hurts thats my 911 GT2 right there lol - I guess I'll just have to get so big now that I would never fit in one, then I cant miss it

View Poll Results: To what extent are you concerned?
I have changed my spedning habits and looking to the future	25	54.35%
Not concerned, it will pass/my financial position can incorporate it	17	36.96%
Doesn't influence me/Don't know enough about it to comment	4	8.70%
Voters: 46. You may not vote on this poll

05-07-2008, 10:42 PM	#31 (permalink)
bigdaftjoe poon star Join Date: Nov 2005 Location: sunderland Posts: 1,310	Re: Does the current financial climate in the UK worry you? noobus i make love furiously and brutally will that do? on a serious note my household income is 55k a year and we are feeling the pinch :(

06-07-2008, 08:00 AM	#33 (permalink)
GYMBABE Looking Freaky Join Date: Dec 2007 Posts: 680	Re: Does the current financial climate in the UK worry you? i am a self employed personal trainer and havent seen a down turn in business yet although some of my client partners have been made redundant but luckily found new jobs v quickly. The one thing that i have noticed is how much fuel i am putting into my car - i used to put £20 a week in and be more than comfortable - now its more like £50 !!

06-07-2008, 08:33 AM	#34 (permalink)
bigmitch69 Squat/Bench/Deadlift Join Date: May 2008 Location: South West Posts: 176	Re: Does the current financial climate in the UK worry you? Fuel is just stupid, i spend over 100quid a week in diesel! I haven't noticed my food bill going up, i think there are always 'deals' in various supermarkets so just got to shop around. Definately noticed energy bills going up. I have cut back on going out but think that is also due to getting older now and not having as many holidays as past years and i am selling my car because running 2 vehicles is unnecessary. (its on sale on this board if interested ha ha) I'm self employed and get paid alot in cash so i'll just declare less earnings this year to cover the bills. I am moving to Australia in 18 months, lived there when i was younger, hot weather, better surf, cheaper cost of living and my wages would be the same so i'll be better off. I England, Britain but think this country has been going down hill for a long time!

06-07-2008, 11:01 AM	#35 (permalink)
paulo Looking Freaky Join Date: Feb 2007 Location: north Posts: 985	Re: Does the current financial climate in the UK worry you? whatever was the government of the day we would be in same position-its due to world events but to answer the question-yes it worries me a bit-should have sold house last year

06-07-2008, 07:43 PM	#37 (permalink)
pea head getting big...trying Join Date: May 2008 Location: stoke Posts: 351	Re: Does the current financial climate in the UK worry you? so so at the moment..not to the point where im going grey with stress,but it does make me think about it each time i put my hand in my pocket. as i am looking for a new motor,this tax and price of fuel is a major **** take!! so mr gordon brown how does it feel to dry bum rape millions on a day to day basis?.......pretty good i imagine,hope you pay for your sins in another life.

06-07-2008, 10:56 PM	#38 (permalink)
pauly7582 Getting HUGE! Join Date: Jan 2007 Location: Newcastle Posts: 1,553	Re: Does the current financial climate in the UK worry you? I'm constantly worried, stressed and have little to no disposable income, despite at 25 years old having an excellent, secure, well paid job, well above the national average and miles above what someone my age typically earns. If I'd done what I do now 10 years ago I'd be classed as an affluent young bachelor yet now I just 'get by'. I'm not married, live alone (bought my first property 3 years ago), have no dependants and I can just about afford a decent apartment, above average car and a cheap holiday if I'm really careful with my money. Although my existance is a very happy one in all things non money related, with regards to lifestyle etc I consider myself just to be 'getting by'. People like me are bled dry at the moment. __________________ 6' 0" 218lb 9% bf BP: 160k DL: 240k Squat:200k Dieting To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts.

07-07-2008, 12:06 AM	#39 (permalink)
Predator Getting HUGE! Join Date: Feb 2004 Location: Uk Posts: 1,368	Re: Does the current financial climate in the UK worry you? I'm not worried about it. More just annoyed that it has happened. This country should have a solid economy. It's even harder to swallow when every week you have to read about some mid ranking no mark MP earning too much for too little and still getting caught with their fingers in the till. It seems like the answer to all of Britains problems is tax and higher tax. Rant over and sorry! Predator __________________ I ain't got time to bleed!! I'm what keeps the Devil in hiding!!

07-07-2008, 08:52 AM	#40 (permalink)
Magic Torch UK-M Swimsuit model Join Date: May 2005 Location: Essex Posts: 5,175 Blog Entries: 5	Re: Does the current financial climate in the UK worry you? Hmmm it kind of effected me a little bit, but I just restructured my debts nicely from it. I think less people are borrowing so lenders are giving decent rates on loans etc to people with good credit. I guess my job should be under threat, my company lost 500million last month but they are still up 2.6 billion year on year so its not too bad yet, another few months like that and it could be tho :( Still there are lots of jobs in my sector and i'm sure I'd get another one quickly. I had a few interviews elsewhere last month and had some good feedback, I didn't persue any tho, I guess that in my mind its a bad time to move (last on in, first one out), and also that bonus's are decided a little bit by length of service and this should be my third and considering the market conditions, it may be a lot less elsewhere. I have lost around 50k since November on stocks tho, my company gave us all decent stock grants and since then our share price has dropped from $32 to $16.5 - a direct follow on from the 'credit crunch', but that money was never really mine, but still it hurts lol. Fuel and food tho havent really effected me, between me and my GF we pull in decent money for a young couple and so disposable income is high (given we both work in town, lunch, coffee etc it has always been expensive). __________________ intentionally blank

07-07-2008, 10:20 AM	#42 (permalink)
Mr Brown Previously known as Slender Join Date: Mar 2007 Posts: 473 Blog Entries: 2	Re: Does the current financial climate in the UK worry you? Feeling it the same as most other people. £50 every six days to fill up. Food bill is noticeably more expensive, I need to go back to weekly shops again me thinks. I've got outstanding debt which R4pes my account every month. Car loan from 4 yrs ago plus credit cards. Bout 8K in total, looked at sticking it on my mortgage but not sure that's the best way to deal with it. __________________ "Shower, I gotta get me one of those 'cause I just got back from the gym doing my squat thrusts." July 08 - Got the 110 Bench, still need to shift the keg though

08-07-2008, 08:31 AM	#44 (permalink)
Magic Torch UK-M Swimsuit model Join Date: May 2005 Location: Essex Posts: 5,175 Blog Entries: 5	Re: Does the current financial climate in the UK worry you? I know, but like I said it wasn't like I actually ever had it, but it still hurts thats my 911 GT2 right there lol - I guess I'll just have to get so big now that I would never fit in one, then I cant miss it __________________ intentionally blank

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