''I'm not fixing because there'll be a huge rise when it ends'' blog discussion

This is the discussion to link on the back of Martin's blog. Please read the blog first, as this discussion follows it.




Please click 'post reply' to discuss below.

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  • Percy1983Percy1983 Forumite
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    Part of the Furniture 1,000 Posts Combo Breaker
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    The logic of some people scares me at times, in short "I would arther overpay now so overpaying later isn't a shock".

    The problem is we can't fully protect people from themselves, much like taking the horse to water, we can't make it drink.
    Have my first business premises (+4th business) 01/11/2017
    Quit day job to run 3 businesses 08/02/2017
    Started third business 25/06/2016
    Son born 13/09/2015
    Started a second business 03/08/2013
    Officially the owner of my own business since 13/01/2012
  • I think Martin might be *slightly* missing the point - though his last suggestion does go some way to help. There is no denying the logic of his financial argument, but I think it is more of a psychological jar. Staying on a standard tariff may mean 2 or 3 smaller incremental increases. Whilst not pleasant, a £10 a month increase (e.g.) is more easily absorbed by many. Where as a £30 jump hits quite hard on day-to-day budgeting. Absolutely it's a false-economy, but it *feels* like less of an increase.

    Hope that makes some sense
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