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Housekeeping money - am I stuck in a time warp ?

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  • Langerhan
    Langerhan Posts: 131 Forumite
    Eighth Anniversary 100 Posts Name Dropper
    I'm surprised your colleagues are so taken aback by this - while it's true that most people I know use apps or automatic accounting for it rather than a physical envelope, the idea of setting aside money for specific things each month is pretty fundamental to budgeting.
    Mortgage start date: 01/10/2021
    Original mortgage debt:
    £128,000
    Remaining debt (05/07/2025):
    £82,885
    Daily interest: £2.79
    Mortgage debt end of 2023: £101,528 | Mortgage debt end of 2024: £88,876 
  • Rosa_Damascena
    Rosa_Damascena Posts: 6,987 Forumite
    Fifth Anniversary 1,000 Posts Homepage Hero Name Dropper
    edited 29 August 2022 at 8:58PM
    Hi,
    jings, used to be when men got paid cash on a Friday night, went to pub on way home, squared up their tab, few more pints, then home to wife, sometimes a fish supper on way home for the weans to share, then after keeping a few quid back to see himself over the weekend, the wife had to eek out whatever she got to feed family for rest of week.
    Hard times then, but folks survived.

    This makes me mad. I know the earners worked hard and needed downtime as the sole bread earners, but frittering their earnings on alcohol before providing for a family is thoroughly irresponsible. Although I appreciate that is what everyone did at the time.

    Back to the OP's original question: your colleagues won't be laughing in a few months time. There is nothing funny about debt.
    No man is worth crawling on this earth.

    So much to read, so little time.
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