No pension? No home? No wonder. Look at you!

wotsthat

Generali wrote: »

And of course if everyone stops spending and starts saving then the economy will be fooked.

http://www.investopedia.com/terms/p/paradox-of-thrift.asp

There's the irony.

I get a bit sniffy about people wasting money on tat but I invest in companies that produce said tat.

The best outcome for me is if people who might be reliant on me in old age save just enough to keep off means tested benefits and blow the rest. However it's in my best interest that young people spend like there's no tomorrow.

danothy

Thrifty/tight or otherwise, you can't save income if you don't have any.

PasturesNew

thequant wrote: »

... stop spending money on skiing holidays, on fancy kitchen gadgets, designer handbags, on their Louboutins and Manolo Blahniks

I've never had a skiing holiday, or any holiday for over 20 years; never been abroad, never stayed in a hotel. Only been 3 times: a cheap annexe/flatlet, the sofa in a 1-bed flatlet and a freebie when a sibling rented a small house in a village.

Fancy kitchen gadgets - does my £26 slow cooker count? That's the biggest/baddest/best gadget I've got.

Never had a designer handbag. Usually bags are £2.99 from the market and last 5+ years.

Shoes are cheap/fake crocs and work shoes are sub £10.

I've done all that ...... and still got sweet fanny adams

No pension.
OK, got a house, but that was a fluke.

The viewpoint in the posh paper is aimed at people who are earning enough to make those choices. Many people don't earn enough to be making any choice.

wotsthat

PasturesNew wrote: »

I've never had a skiing holiday, or any holiday for over 20 years; never been abroad, never stayed in a hotel. Only been 3 times: a cheap annexe/flatlet, the sofa in a 1-bed flatlet and a freebie when a sibling rented a small house in a village.

Fancy kitchen gadgets - does my £26 slow cooker count? That's the biggest/baddest/best gadget I've got.

Never had a designer handbag. Usually bags are £2.99 from the market and last 5+ years.

Shoes are cheap/fake crocs and work shoes are sub £10.

I've done all that ...... and still got sweet fanny adams

No pension.
OK, got a house, but that was a fluke.

The viewpoint in the posh paper is aimed at people who are earning enough to make those choices. Many people don't earn enough to be making any choice.

Next time Travelodge have a tennertastic offer book yourself in - it's on me.

Do you mind sharing with Danothy?

PasturesNew

wotsthat wrote: »

Next time Travelodge have a tennertastic offer book yourself in - it's on me.

Do you mind sharing with Danothy?

It's not just the cost of the room ... there's the travelling to it - and having to eat out ...and, what do you do? There's nothing to do/enjoy on your own without lots of dosh. Nobody to share experiences with. Pointless travelling.

I have absolutely NO idea what Danothy means/is/was.

wotsthat

PasturesNew wrote: »

It's not just the cost of the room ... there's the travelling to it - and having to eat out ...and, what do you do? There's nothing to do/enjoy on your own without lots of dosh. Nobody to share experiences with. Pointless travelling.

I have absolutely NO idea what Danothy means/is/was.

I'll pay £10 for one night whenever the tennertastic is on, I'll pay the taxi fare to your local Travelodge and £3 for a Greggs meal deal.

Danothy is a fellow poster who you're going to share the experience with.

Your eyes are about to be opened.

Sorted.

kinger101

wotsthat wrote: »

I'll pay £10 for one night whenever the tennertastic is on, I'll pay the taxi fare to your local Travelodge and £3 for a Greggs meal deal.

Danothy is a fellow poster who you're going to share the experience with.

Your eyes are about to be opened.

Sorted.

A £3 meal deal. That's a bit extravagant. There's a kettle in the room. Make a Pot Noodle.

kinger101

PasturesNew wrote: »

It's not just the cost of the room ... there's the travelling to it - and having to eat out ...and, what do you do? There's nothing to do/enjoy on your own without lots of dosh. Nobody to share experiences with. Pointless travelling.

I have absolutely NO idea what Danothy means/is/was.

I think you're being groomed by wosthat.

Generali

kinger101 wrote: »

I think you're being groomed by wosthat.

Makes a change from michaels.

danothy

Has to be a Friday night so I can do the local parkrun the next morning wherever I end up.