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Inheritance not enough
Comments
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MysteryMan00 wrote: »Hark at this guy.
Hasn't pulled his finger out to provide properly for his own family - like buying the food his child needs from the fruits of his labours.
My advice would be to stop moaning and buck your ideas up.
Provide for your family like a man should.
I hadn't realised that we'd time-slipped back to the 1950s.
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"It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"
G_M/ Bowlhead99 RIP0 -
I hadn't realised that we'd time-slipped back to the 1950s.
In the 1950s wages were comparatively higher, which is why more women were able to stay at home. Now it's only the case for the upper classes - whose assets have been inflated in value by money printing.
Also, more people rented in the 1950s, compared to today.
The comments about the child not being fed is nonsense. No one else mentioned that. Mystery Man has made that bit up.0 -
Is it not high time the brats went back to school? Gods, don't tell me they have another month yet!0
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shearer9206 wrote: »Exactly... How is £60k not enough for a deposit.
I live in the south east, that's how.
I'd like to live in Mayfair but I can't afford it."If you think it's expensive to hire a professional to do the job, wait until you hire an amateur." -- Red Adair0 -
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Peter_Williams wrote: »In the 1950s wages were comparatively higher, which is why more women were able to stay at home. Now it's only the case for the upper classes - whose assets have been inflated in value by money printing.
Also, more people rented in the 1950s, compared to today.
The comments about the child not being fed is nonsense. No one else mentioned that. Mystery Man has made that bit up.
Funny term, that. Wouldn't call most people with money the 'upper classes'. More like bourgeoise, including in the behaviour of many of them …0 -
Funny term, that. Wouldn't call most people with money the 'upper classes'. More like bourgeoise, including in the behaviour of many of them …
And there is your answer.
The upper classes don't have money. They have assets.
If you need to work (ie sell your labour) for a living you are working or middle class.
The upper classes own assets (such as property, farmland, companies) and can live comfortably off their asset income.
Obviously this doesn't include amateur BTL landlords with loads of mortgage debt.0 -
Peter_Williams wrote: »And there is your answer.
The upper classes don't have money. They have assets.
If you need to work (ie sell your labour) for a living you are working or middle class.
The upper classes own assets (such as property, farmland, companies) and can live comfortably off their asset income.
Obviously this doesn't include amateur BTL landlords with loads of mortgage debt.
Hardly!! Just because someone may be financially independent and no longer needs to work... doesn't make them Upper Class!!:rotfl:How's it going, AKA, Nutwatch? - 12 month spends to date = 2.60% of current retirement "pot" (as at end May 2025)0 -
The only people who really seem to give a toss about "class" any more are those who are proud to be at the bottom of it.0
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