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Wonderful News ....
MrRee_2
Posts: 2,389 Forumite
Credit is UP!
Confidence is UP!
People are getting on with their lives and spending, what an excellent thing this is. People are happy about their lot and buying cars, houses, TV's, Mobile Phones, Tablets, Gifts.
REJOICE in the good feeling flowing through the country - I feel so happy for everyone!
"Consumers hinted at a greater appetite for borrowing through mortgages, loans and credit cards in the summer, figures have suggested.
Household borrowing on unsecured credit rose by £76m in August - the first increase in four years, the British Bankers' Association (BBA) said.
Borrowers took a safety-first approach during the financial crisis, generally paying back more than new borrowing.
But the BBA said that consumer confidence was now "growing".
Absolutely brilliant! No point saving, spend and enjoy yourselves!
:beer:
Confidence is UP!
People are getting on with their lives and spending, what an excellent thing this is. People are happy about their lot and buying cars, houses, TV's, Mobile Phones, Tablets, Gifts.
REJOICE in the good feeling flowing through the country - I feel so happy for everyone!
"Consumers hinted at a greater appetite for borrowing through mortgages, loans and credit cards in the summer, figures have suggested.
Household borrowing on unsecured credit rose by £76m in August - the first increase in four years, the British Bankers' Association (BBA) said.
Borrowers took a safety-first approach during the financial crisis, generally paying back more than new borrowing.
But the BBA said that consumer confidence was now "growing".
Absolutely brilliant! No point saving, spend and enjoy yourselves!
:beer:
Bringing Happiness where there is Gloom!
0
Comments
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Methinks you may have taken rather too much advantage of 7½% day.0
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Yep fill your boots take on debt.
Don't bother about paying it back as your disposable income continues to contract."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
grizzly1911 wrote: »Yep fill your boots take on debt.
Don't bother about paying it back as your disposable income continues to contract.
I just bought a new book - £7.99 - from Amazon by Amex. It is paid off by Direct Debit. Does this count?0 -
Loughton_Monkey wrote: »I just bought a new book - £7.99 - from Amazon by Amex. It is paid off by Direct Debit. Does this count?
Is that really debt, more a delayed payment.
I am sure you can fill your boots without resorting to debt."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
What's wrong with debt?grizzly1911 wrote: »Yep fill your boots take on debt.
Don't bother about paying it back as your disposable income continues to contract.0 -
What's wrong with debt?
Nothing as long as you can afford to service and repay it comfortability without others suffering."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
That's what most people do despite what some people on this forum try to make you believe.grizzly1911 wrote: »Nothing as long as you can afford to service and repay it comfortability without others suffering.0 -
And house prices are going up, so everything is ok.0
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grizzly1911 wrote: »Is that really debt, more a delayed payment.
I am sure you can fill your boots without resorting to debt.
I have no objection to debt. But an abhorrence of paying interest.0 -
I'm just about to buy a new car ...... not a cheap one either, times are right for buying!
I've got money in the Bank - each £100k just earns me £1.5k a year before tax, take the 45% tax off and what's the point? No point whatsoever .... so, bring me the Aston Martin - I wish to live a little!
Saving is for mugs now ....... I'm opting for living!! Cash is just a number.Bringing Happiness where there is Gloom!0
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