We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Savings on income support-how much?

24

Comments

  • jetta_wales
    jetta_wales Posts: 2,168 Forumite
    tallerton wrote: »
    What I was questioning was how he intended to:



    If with such monitoring, he made sure that the savings never exceeded £6000, he could only do it by spending it or hiding it.
    In which case the 'spending' could be seen as deprivation as it is clearly being done to max his benefits or 'hiding' which is clearly illegal.

    If he's spending a lump sum he's received then sure but not from just stopping saving after his savings reach that level and then just spending all his income each month like most people do anyway, instead of being frugal.

    Or if he prefers there's a gold vending machine thread in the Arms (might have been DT) that he could make use of lol. That you could criticise certainly.
    "Life is what you make of it, whoever got anywhere without some passion and ambition?
  • tallerton
    tallerton Posts: 30 Forumite
    If he's spending a lump sum he's received then sure but not from just stopping saving after his savings reach that level and then just spending all his income each month like most people do anyway, instead of being frugal.

    Or if he prefers there's a gold vending machine thread in the Arms (might have been DT) that he could make use of lol. That you could criticise certainly.

    I agree, but it was just the way the poster made the comment that upset me.

    And not everybody spends what comes in. Most people do save out of their income even if it is benefit income. I thought that that was what the current government and the one before it has been trying to encourage us to do for our retirement.
  • iamana1ias
    iamana1ias Posts: 3,777 Forumite
    Or alternatively, the OP will ensure that their brother withdraws anything left each fortnight in cash to give the OP to save on their behalf :think:
    I was born too late, into a world that doesn't care
    Oh I wish I was a punk rocker with flowers in my hair
  • Sixer
    Sixer Posts: 1,087 Forumite
    If there's a dark cast to made of a post, you can be sure posters hereabouts will pounce on it. What a miserable view of the world and everybody's motives some people have.

    People with mental health issues, especially those serious enough to warrant high level DLA, are often bad money managers. They may neglect themselves and not spend what they should. They may hoard. Perhaps the OP just wants to ensure her brother manages his money ok - including ensuring he doesn't stockpile money he should be spending to keep himself fully maintained and comfortable thus falling foul of benefits rules.
  • tallerton
    tallerton Posts: 30 Forumite
    iamana1ias wrote: »
    Or alternatively, the OP will ensure that their brother withdraws anything left each fortnight in cash to give the OP to save on their behalf :think:

    Which is clearly fraud if it was done with the intention of not losing benefits!
  • iamana1ias
    iamana1ias Posts: 3,777 Forumite
    tallerton wrote: »
    Which is clearly fraud if it was done with the intention of not losing benefits!

    Exactly! ;)
    I was born too late, into a world that doesn't care
    Oh I wish I was a punk rocker with flowers in my hair
  • DX2
    DX2 Posts: 8,275 Forumite
    tallerton wrote: »
    What I was questioning was how he intended to:



    If with such monitoring, he made sure that the savings never exceeded £6000, he could only do it by spending it or hiding it.
    In which case the 'spending' could be seen as deprivation as it is clearly being done to max his benefits or 'hiding' which is clearly illegal.
    OMG! Stop reading between the lines and read what the OP wrote. If the OP's brother had £5,999.99 in savings and chose to p!ss all his benefit money up the wall after that there is nothing illegal in it.

    Deprevation indeed :rotfl:"Hiding" money again where the hell did you pick that up from. Best chose another forum to scaremonger on, you're not doing a very good job here.
    *SIGH*
    :D
  • iamana1ias
    iamana1ias Posts: 3,777 Forumite
    mumpig wrote: »
    He has a few thousand pounds savings in his account but I'm worried in case they stop his benefits, could anyone tell me what is the allowed limit on savings?
    mumpig wrote: »
    just wanted to know for future reference so I could monitor his account and make sure he stays under the limit

    Which bit of this sounded like concern that he wasn't meeting his care needs?

    The OP is only interested in benefit maximisation, by any means.
    I was born too late, into a world that doesn't care
    Oh I wish I was a punk rocker with flowers in my hair
  • jetta_wales
    jetta_wales Posts: 2,168 Forumite
    iamana1ias wrote: »
    Which bit of this sounded like concern that he wasn't meeting his care needs?

    The OP is only interested in benefit maximisation, by any means.

    Jog on!

    Is there a two for one deal on wild assumptions today or something?
    "Life is what you make of it, whoever got anywhere without some passion and ambition?
  • iamana1ias
    iamana1ias Posts: 3,777 Forumite
    Jog on!

    Is there a two for one deal on wild assumptions today or something?

    No, just rose tinted specs it seems.
    I was born too late, into a world that doesn't care
    Oh I wish I was a punk rocker with flowers in my hair
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.3K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.3K Work, Benefits & Business
  • 604K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.