We now enter the 'grey dismal' years says Robert Peston

neverdespairgirl

moanymoany wrote: »

I should keep away from the DFW board. A person who owes £39,000 - not mortgage - has spent £500 on take aways, spent masses on their credit card and is now talking about hiring somewhere for a birthday party for a 6 year old.

I wonder how they got into debt in the first place.....?

penguin83

They got into debt in the first place due to a series of things. I finished my A Levels and discovered I was pregnant with my daughter. I deferred my place at uni and OH and I rented a small bungalow together - he already had around 20k of debt from his previous relationship breaking up. Anyway I then got a minimum wage job while pregnant and 1 month before my daughter was due my OH was attacked at work - I went into labour as he was getting operated on. As he was self employed he got no sick pay and I was on maternity pay. I managed to get myself a better paying job at the bottom of the ladder in the civil service and went back to work full time when my daughter was 8 weeks old. Fast forward 2 years - OH was earning good money and I had 3 relatively quick promotions so our income had massively increased from those early days and we bought our first home together and I had my son - I was 21 by now. We both still work full time and my children are now 3 and 5 - we are addressing our debts that amassed up until the birth of my second child (2005) and since I found this site (2007) have paid off 10k so far. I am 24 now and hope to be debt free by 27.

I appreciate our debts are all our own doing and in no way blame anyone else. We will not be going bankrupt - ironically this is my job managing a division that deals with bankruptcy, charging orders, warrants and all other types of enforcement action in the county court.

Our grocery bill including takeways was 500.00pm when I asked for help on here - not just takeaways!

Edited to add and I am finally starting my degree 6 years later than planned in November - but will still be working full time x x

Heyman_2

I think the point that moanymoany was trying to make was that given Peston's dismal outlook for the foreseeable future, how are people such as some of those on the DFW board going to cope?

Let's not get into stereotyping or making assumptions about people's situations when we have no idea of their circumstances.

Edit: Post just above mine gives you your answer!

matbe

penguin83 wrote: »

They got into debt in the first place due to a series of things. I finished my A Levels and discovered I was pregnant with my daughter. I deferred my place at uni and OH and I rented a small bungalow together - he already had around 20k of debt from his previous relationship breaking up. Anyway I then got a minimum wage job while pregnant and 1 month before my daughter was due my OH was attacked at work - I went into labour as he was getting operated on. As he was self employed he got no sick pay and I was on maternity pay. I managed to get myself a better paying job at the bottom of the ladder in the civil service and went back to work full time when my daughter was 8 weeks old. Fast forward 2 years - OH was earning good money and I had 3 relatively quick promotions so our income had massively increased from those early days and we bought our first home together and I had my son - I was 21 by now. We both still work full time and my children are now 3 and 5 - we are addressing our debts that amassed up until the birth of my second child (2005) and since I found this site (2007) have paid off 10k so far. I am 24 now and hope to be debt free by 27.

I appreciate our debts are all our own doing and in no way blame anyone else. We will not be going bankrupt - ironically this is my job managing a division that deals with bankruptcy, charging orders, warrants and all other types of enforcement action in the county court.

Our grocery bill including takeways was 500.00pm when I asked for help on here - not just takeaways!

Edited to add and I am finally starting my degree 6 years later than planned in November - but will still be working full time x x

Keep up the good work and ignore these clowns on here

Most are the silver spoon brigade and are removed from the real world.

Half of them expect to be living on tinned spam and attempting to grow their own food to survive by november.

penguin83

Thank you - I dont usually venture over here but just wanted to put my side. I appreciate moanys comments and agree that a good dose of reality is what is needed sometimes but I do feel that we have come along way - ok we still have a way to go but we will get there through our own work with not a penny off anyone else. x x

matbe

I come here for a laugh now and again its like watching monkeys in a cage at the zoo-

Funny to see for a while but i feel sorry for them on the whole.

chrisandanne

matbe wrote: »

I come here for a laugh now and again its like watching monkeys in a cage at the zoo-

Funny to see for a while but i feel sorry for them on the whole.

Could I ask, with respect, why you feel sorry for the people who post on this board ?. A x

matbe

You can ask with or without respect i dont mind.

But the answer is that many spend hours and hours on here debating something that may or may not happen.

I also do this but usually with freinds or family at various social occasions.
A lot of these people seem to have no life other than on here and are gloomy that is why i feel sorry for them is that ok ?

chrisandanne

It's ok with me, whatever, but I still don't understand why you liken this board to 'watching monkeys in a zoo'.

If the people who post on this board went over to the DFW board or any other and posted something as offensive as this you would then have reason to critisise. As it is what they do with their own time is their business.

I am glad it gives you a laugh though.....it's good to be able to laugh especially in the face of adversity....and many people who post here have had plenty of adversity, me included. A x

Optimisticpair

penguin83 wrote: »

Thank you - I dont usually venture over here but just wanted to put my side. I appreciate moanys comments and agree that a good dose of reality is what is needed sometimes but I do feel that we have come along way - ok we still have a way to go but we will get there through our own work with not a penny off anyone else. x x

It was also incorrectly implied in the same post that the poster who was arranging a child's birthday party was in debt.