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New National Analysis on E7 Price Increase - Ave 7.6%
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If I asked you how your household budget was going, and whether you were concerned that you may have to use your overdraft in the future, you might well reply with an assertion that no, everything was perfectly well under control, and you have a pan emergency fund in case of any unforeseen situations which might arise. Should I then take it that you are in fact in financial trouble and perhaps even in danger of insolvency? 😉
🎉 MORTGAGE FREE (First time!) 30/09/2016 🎉 And now we go again…New mortgage taken 01/09/23 🏡
Balance as at 01/09/23 = £115,000.00 Balance as at 31/12/23 = £112,000.00
Balance as at 31/08/24 = £105,400.00 Balance as at 31/12/24 = £102,500.00
£100k barrier broken 1/4/25SOA CALCULATOR (for DFW newbies): SOA Calculatorshe/her2 -
If I asked you how your household budget was going, and whether you were concerned that you may have to use your overdraft in the future, you might well reply with an assertion that no, everything was perfectly well under control, and you have a pan emergency fund in case of any unforeseen situations which might arise. Should I then take it that you are in fact in financial trouble and perhaps even in danger of insolvency? 😉
Most people insure aspects of their lives in many ways. Businesses have business continuity plans however normally they don't feel compelled to suddenly publicly reassure their customers that service will be uninterrupted at some point in the near future, and then state what they are doing differently to ensure that there will be no interruption. I'll offer you an analogy.... If regular rail commuters one day hear an announcement prior to departure stating that the train driver doesn't anticipate problems arriving in London today however we've taken some extra precautions on this particular journey by reducing the number of carriages and driving the train much slower, just on this occasion, are you suggesting that the passengers wouldn't raise an eyebrow or two? I mean, why mention it if it's not likely to happen?1 -
pensionpawn said:
Most people insure aspects of their lives in many ways. Businesses have business continuity plans however normally they don't feel compelled to suddenly publicly reassure their customers that service will be uninterrupted at some point in the near future, and then state what they are doing differently to ensure that there will be no interruption. I'll offer you an analogy.... If regular rail commuters one day hear an announcement prior to departure stating that the train driver doesn't anticipate problems arriving in London today however we've taken some extra precautions on this particular journey by reducing the number of carriages and driving the train much slower, just on this occasion, are you suggesting that the passengers wouldn't raise an eyebrow or two? I mean, why mention it if it's not likely to happen?
If a media outlet approach the National Grid and say "Hey! We're planning to write an article around you readying the coal fired power stations for bringing online - it sounds to us as though this means the UK is on the brink of the lights going off - and that's the angle we plan to take - do you have any comment?" what do you think the NG's response should be? To ignore the media outlet, in spite of knowing full well that this particular outlet has a bit of an ongoing history around the energy crisis with alarmist, sensationalised and frequently inaccurate reporting? (Which sadly as we see here, an awful lot of people will believe because they have been brought up to believe that is a "credible" source and have not adjusted that viewpoint in spite of clear evidence that the contrary is often now true). Or to respond with a clear, factual statement around what is actually happening, and why? I know which I'd prefer - but then again I'm not big on frightening lots of vulnerable people just because it creates a bit of excitement...🎉 MORTGAGE FREE (First time!) 30/09/2016 🎉 And now we go again…New mortgage taken 01/09/23 🏡
Balance as at 01/09/23 = £115,000.00 Balance as at 31/12/23 = £112,000.00
Balance as at 31/08/24 = £105,400.00 Balance as at 31/12/24 = £102,500.00
£100k barrier broken 1/4/25SOA CALCULATOR (for DFW newbies): SOA Calculatorshe/her2 -
pensionpawn said:Most people insure aspects of their lives in many ways. Businesses have business continuity plans however normally they don't feel compelled to suddenly publicly reassure their customers that service will be uninterrupted at some point in the near future, and then state what they are doing differently to ensure that there will be no interruption.pensionpawn said:I'll offer you an analogy.... If regular rail commuters one day hear an announcement prior to departure stating that the train driver doesn't anticipate problems arriving in London today however we've taken some extra precautions on this particular journey by reducing the number of carriages and driving the train much slower, just on this occasion, are you suggesting that the passengers wouldn't raise an eyebrow or two?pensionpawn said:I mean, why mention it if it's not likely to happen?0
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