Some people just seem to have unlimited money

DonaldTrumpsHair

Spidergirl76 wrote: »

I really can't believe that you are STILL so het up that I asked a perfectly reasonable question. :rotfl:

Spidergirl76, you sound like a charming lady who is interested in life and its mysteries.

My wife and I often ponder on the same kinds of subjects, when we see our neighbours draw up in new cars, wearing the latest fashions and having a seemingly bottomless pot of money.

This is all done without jealousy as we (like you) are quite content with our lot but if one stops wondering and questioning on all manner of subjects, then one may as well give up. We sometimes even wonder what our neighbours must be feeding their very rotund cat!!! It passes the time of day and is harmless really.

It seems that even though they stopped the Muppet show many years ago, there are still many in our midst. A very happy NeW Year to you and yours and here's to many more years of "pondering".Perhaps some of the less pleasant posters on this thread just cannot help themselves.

FBaby

BitterAndTwisted wrote: »

Well, often things do take a turn and that turn is a job loss or illness. That is not a fault of anyone's making. Some people never anticipated the worst-case scenario but imagined that the income they enjoyed, the life-style it provided and which enabled them to service their debt-repayments would continue indefinitely. During a booming economy, or one which looked like one (which now turns out to have been an illusion for many of us) this attitude is understandable. It must be a very rude awakening to discover that the world you built was made of sand all along.

But surely, if you are prepared to build significant debts, on the basis that you can afford it because you work, you take some kind of income/mortgage protection. I have decided not to take protection against redundancy because even though I can't say it wouldn't happen, it is highly unlikely as I would be too costly for the organisation and because I am as confident as one can get in those days and age that I could get another job, however, I have taken Critical Illness cover because this is something I have no control over and could hit me at any time.

And in the end, this is the reason why building debts, even if you can afford it at the time, is a very dangerous risk to take. My ex did exactly that. He had a decent job and thought as long as he could afford the minimum repayment, he was fine, except that he reached the stage where the minimum repayments were 1/3rd of his salary. When he was made redundant (after we separated), he found himself with massive debts and no way to repay. I had endless battles with him about it, how he needed to tackle his debts, and he always made me feel like I was patronising as he was fine and able to pay each month. It was a rude awakening, but I wouldn't say he was a victim of hard times, more dealing with the consequences of his irresponsible behaviour (which he admits himself now).

determined_new_ms

elantan wrote: »

can i ask where you go on holiday? how long for? what type of holiday ? and does that include spending money? dont mean to put you on the spot but it would help me alot as we love holidays but spend a fortune ( £1500 would be a cheap one for us:o)

ok this year we went to Morocco in feb for 10 days - flights & accommodation was £350. I got cheap flights then booked accommodation online. I think we spent around £300 while there as everything is so cheap

we always do a sun holiday in Cornwall in the summer really don't spend very much, going for walks, going to the beach chips by the sea. I guess we probably spend around £150 spending money and the accommodation is £60 I think

We also went to Spain for 7 days in Sept and it was around £300 each and was all inclusive. We really just lounged around by the beach alot and then walking! My oh said we spent £300 each spending but I can't imagine I spent that much!

So far for next year my oh found an all inclusive deal in Tunisia for £150pp for 7 days but its leaving on the 15th and I start a new job on the 23rd so have passed on that.

We're going to Brazil in Sept - oh is Brazilian so we won't have to pay for accomm but flights are expensive. We're keeping our eye on the flights and when they are a good price we will buy them. Last year we squirrelled away any additional money - think ebay, foreign students, cash we got for signing up to banks etc -to pay for this

Lastly I have booked a 4* Hotel (saw it on the grabbit board) in Bournmouth in Feb for 2 nights including breakfast & a 3 course meal each day for £119

hths

ab.da54

Spidergirl76 wrote: »

I really can't believe that you are STILL so het up that I asked a perfectly reasonable question. :rotfl:

Not so sure how you can assume I'm het up, through the words I used.:rotfl::rotfl::rotfl:

I'm not, by the way. Just putting a different point of view to the topic because that - just so you know - is how forums work.

Appreciate that you haven't liked some of the views that differ from yours, such is life :rotfl::rotfl::rotfl:

ab.da54

DonaldTrumpsHair wrote: »

Spidergirl76, you sound like a charming lady who is interested in life and its mysteries.

My wife and I often ponder on the same kinds of subjects, when we see our neighbours draw up in new cars, wearing the latest fashions and having a seemingly bottomless pot of money.

This is all done without jealousy as we (like you) are quite content with our lot but if one stops wondering and questioning on all manner of subjects, then one may as well give up. We sometimes even wonder what our neighbours must be feeding their very rotund cat!!! It passes the time of day and is harmless really.

It seems that even though they stopped the Muppet show many years ago, there are still many in our midst. A very happy NeW Year to you and yours and here's to many more years of "pondering".Perhaps some of the less pleasant posters on this thread just cannot help themselves.

You do get that on forums, people calling others 'muppets' etc, when there is no need for it. Not sure why they feel the need to do that.

Personally, my first thought when reading the OP was not one of 'jealousy' and I tried to offer advice to the OP which she did not want to take. I wasn't rude but it was clear that the OP wanted people to agree with her rather than not - that happens a lot on forums, too.

People can only learn by asking questions. The OP asked where she was going wrong as they didn't appear to have the same luxuries, etc, as their friends and this thread has offered lots of suggestions as to how the OP can improve their own financial situation

ab.da54

FBaby wrote: »

But surely, if you are prepared to build significant debts, on the basis that you can afford it because you work, you take some kind of income/mortgage protection.

I didn't think you could take out a mortgage without the mortgage protection insurance, so was surprised that not everyone has this.

Marisco

DonaldTrumpsHair wrote: »

We sometimes even wonder what our neighbours must be feeding their very rotund cat!!!

Well, I can give you "insider" information on my cat! He gets one pouch of "wet" food a day, and then dried cat food. We also have a cat that will only eat dried food, so we have to give Munchkin some, otherwise he's only eat the otheres' food! He is very fat as he doesn't go out much now, only to do his "business", his legs are a bit wonky so he cannot jump like he used to, he's 13 and just sleeps (in the warmest spot) all day. Hope that "scratches the itch"

Bluemeanie_2

ab.da54 wrote: »

I didn't think you could take out a mortgage without the mortgage protection insurance, so was surprised that not everyone has this.

I was told that I had to have life insurance and buildings insurance and they gave me the hard sell on all the protection cover. But both my mortgage with Accord and HSBC I have only had to have life and buildings.

mrcow

ab.da54 wrote: »

I didn't think you could take out a mortgage without the mortgage protection insurance, so was surprised that not everyone has this.

There you go, you learn something every day.

It amazes me that some people take out such products without actually researching the ins and outs of what they are doing.

It's akin to blindly taking out PPI on a loan without querying what you're actually signing up to. The millions that have been misspent on this type of often quite pointless insurance is staggering.

elantan

have to admit i am glad we took it out hubby was off work for 7.5 months in 2011 and it certainly helped us