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Is £40,000 really a liveable income for families in the UK?

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Comments

  • LydiaJ
    LydiaJ Posts: 8,083 Forumite
    Part of the Furniture Combo Breaker Mortgage-free Glee!
    Do these 'nice thread' people actually read posts before they comment? Jimmy was replying to me with the housekeeping comment, not cleaver.

    Jimmy mentioned housekeeping money, and Cleaver replied saying "Housekeeping money?" to which Jimmy replied "What's up with you now?" I was merely suggesting that I thought it unlikely that Cleaver's domestic finances involved housekeeping money as such, and indeed he has confirmed that they don't.
    Do you know anyone who's bereaved? Point them to https://www.AtaLoss.org which does for bereavement support what MSE does for financial services, providing links to support organisations relevant to the circumstances of the loss & the local area. (Link permitted by forum team)
    Tyre performance in the wet deteriorates rapidly below about 3mm tread - change yours when they get dangerous, not just when they are nearly illegal (1.6mm).
    Oh, and wear your seatbelt. My kids are only alive because they were wearing theirs when somebody else was driving in wet weather with worn tyres.
    :)
  • Cleaver
    Cleaver Posts: 6,989 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Do these 'nice thread' people actually read posts before they comment? Jimmy was replying to me with the housekeeping comment, not cleaver.

    I made a comment, Jimmy responded and Lydia responded to that. Maybe it's your reading that isn't quite up to scratch?

    Anyway, I've left you all £20 in an envelope in the kitchen. Treat yourself to a new blouse or something, I'm off to the pub. And if dinner is good there's more where that came from.
  • MrRee_2
    MrRee_2 Posts: 2,389 Forumite
    Jimmy_31 wrote: »
    I have said to a few of the lads at work that they should retrain and become a doctor or a lawyer or something but they said the timings not quite right to be going to university.

    Absolutely had me wetting myself that comment ........ bricklayers, plasterers, skivvies and hod carriers to get degrees and become Doctors?

    Do me a favour, visit an average building site and it's like visiting Monkey World .... :rotfl:
    Bringing Happiness where there is Gloom!
  • Jimmy_31
    Jimmy_31 Posts: 2,170 Forumite
    Come on people.

    Even a dumb site monkey like me knows who said what.:)
  • LydiaJ wrote: »
    I've no idea whether Cleaver and Mrs Cleaver have separate bank accounts or a joint account or both, but I'd be very surprised if their financial arrangements involve him handing over cash for housekeeping money. I'm not aware of anyone I know who does it that way, although of course I don't interrogate my friends as to their methods of dealing with these things, so I don't know.

    They might very well allocate a sum for housekeeping, though, even with a joint account?
    ...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.
  • They might very well allocate a sum for housekeeping, though, even with a joint account?

    That's what we do, we have a joint account for all the direct debits/standing orders and pay the correct amount in there at the start of each month. We have a different account for the 'house keeping' (ooh a dirty word apparently on these forums :eek:) that we use for food, etc, etc. and put a set amount of money into that, also at the start of the month.

    Whatever is left in the account is used to overpay the mortgage or to pay for one off/extra expenses like Christmas, holiday spending money, etc.

    It might not be for everyone but it works well for us. We tried Cleaver's method when we first got married but the 'free for all' in the accounts means that we never knew who was spending what and usually ended with us overdrawn. :o
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    LydiaJ wrote: »
    Jimmy mentioned housekeeping money, and Cleaver replied saying "Housekeeping money?" to which Jimmy replied "What's up with you now?" I was merely suggesting that I thought it unlikely that Cleaver's domestic finances involved housekeeping money as such, and indeed he has confirmed that they don't.

    Jimmy was also replying to Rennoman, hence quoting him. It was cleaver jumping in and confusing things, and Jimmy never even mentioned cleavers domestic finances.

    I like Jimmy, seems open and honest and seems to be at the gritty end of things. Don't like to see him get railroaded, so it's unfair to have dragged him in to that one.
  • LydiaJ
    LydiaJ Posts: 8,083 Forumite
    Part of the Furniture Combo Breaker Mortgage-free Glee!
    edited 4 December 2011 at 9:55PM
    I'm sorry if Jimmy or anyone else felt I was railroading them - that was not my intention.

    I can entirely understand a sum allocated to housekeeping in anyone's budget. I'd be interested to know how many households in these days of internet banking still have physical cash housekeeping money that is handed over to the wife by the husband, in the way I felt (rightly or wrongly) was implied by the post originally mentioning it.

    I would love to have organised our marital finances according to either of the methods suggested (Cleaver's "we both agree what kind of budget so we just get on with it" and RenovationMan's "allocate stuff to categories of spending so we both know where we are"). In my marriage, the general scheme was that I tried to discuss finances with him, he said he agreed with whatever I suggested, and then he spent whatever he felt like, regardless of what had been discussed.

    Now, of course, I'm single, so the issue doesn't arise.
    Do you know anyone who's bereaved? Point them to https://www.AtaLoss.org which does for bereavement support what MSE does for financial services, providing links to support organisations relevant to the circumstances of the loss & the local area. (Link permitted by forum team)
    Tyre performance in the wet deteriorates rapidly below about 3mm tread - change yours when they get dangerous, not just when they are nearly illegal (1.6mm).
    Oh, and wear your seatbelt. My kids are only alive because they were wearing theirs when somebody else was driving in wet weather with worn tyres.
    :)
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    Jimmy was also replying to Rennoman, hence quoting him. It was cleaver jumping in and confusing things, and Jimmy never even mentioned cleavers domestic finances.

    Good to see that's been cleared up.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    LydiaJ wrote: »
    I'm sorry if Jimmy or anyone else felt I was railroading them - that was not my intention.

    Didn't mean you ;)
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