A Payment A Day - Part 10!

never_too_old

LondonAndy wrote: »

It's something to do with :

1) Higher interest rates = less demand for credit and more of peoples income going to mortgages
2) Less credit and disposable income available means less spending
3) Less spending = lower pressure on prices and reduced inflation - as less stuff is being produced (and stuff used to produce it) and less bought in shops and spent on services.

Although if inflation is due to VAT and increase in raw materials from abroad as now I am not sure how the above helps....?!!

I am emigrating :cool::rotfl:

so more income going on mortgages, food, utlities ,incomes lower.people spending less, lowers demand,How does this help the economy,? it baffles me,Where are you emigrating too?

JayJay14

Just 33p to the change jar today.

pippo

Playing catch up again!!
£140.19 for yesterday & £20.20 for today please f-f.
TGI payday:j
Pip
x

carlislelass

£11 overpayment to cc

Twinkles08

Hey all,hope everyone is having an okay/good day.My PAD is for 20p today please.Small ones till Tuesday when I get paid again.:D

sunshineyday

an extra PAD for me of £6 this evening, got 3 more £2 coins for the save all £2 tin today, thanks, xx

sashanut

Hi all:j

Just popping in to PAD before midnight - £20 PAD please to ltsb o/d please F_F. Just for a change from M&S eh?

mooomin

Yesterdays total was £646.37

mooomin

It's payday!

It's payday!

It's payday!

*frolics*



On that basis, £222.74 into my ISA Woo for Christmas overtime!

sunshineyday

morning all,
£1 today as usual - is is ever going to be payday????????