Bank of Mum and Dad - BBC2 8pm Tuesdays

Debt_Free_Chick

 The advice isn't all that good, the guy that comes in just says what they will owe in 6 months to a year if they carry on spending they don't give the sort of advice you get on here about saving money on utilitys etc which would be better.  They should have got Martin in to do it!

I agree entirely. The adviser is far too soft/light. He gives them far too much to spend on non-essentials and doesn't give any advice on getting the best deals for essential bills, like utilities, food etc...

It's a lightweight programme IMO - just the kind of thing that qualifies as "good TV" but not necessarily "good advice".

Still ... for those in the dark, it will be a good start. Perhaps their curiosity will be awakened and they'll find MSE ;D

deemy2004

Martin couldn't do this programme.  At the speed he talks it would be over in 5 minutes and they would have to find something else to talk about for the remaining 55.

Lol

Even on slow speed you only get 50% ;D

deemy2004

I agree entirely. The adviser is far too soft/light. He gives them far too much to spend on non-essentials and doesn't give any advice on getting the best deals for essential bills, like utilities, food etc...

It's a lightweight programme IMO  - just the kind of thing that qualifies as "good TV" but not necessarily "good advice".

The problem is the people the guys talking to !

Watching the repeated one last night at 2am, he was just not getting it into his thick skull, even when a bankrupt came to discuss the problem, nothign went through !

I can imagine anyone who KNOW's about managing money would get quite frustrated with such a blaze attitude to their debt mountains. If you can't even get them to recognise they have a problem then how you going to explain the concepts off the rest that we here are becomign so expert at

jo_b_2

I've been watching this programme and just can't believe that people can get into this amount of debt and not even seem bothered about it.

Not to mention letting your parents (and the whole world) know how much debt you are in!

Definitely easy-viewing rather than a serious attempt to address these people's spending problems/addictions.

bridiej

I've seen bits and bobs of it - I really think Martin or Alvin should be helping them.

I couldnt believe how ungrateful the girl was about the car her grandad had given her - for NOTHING!! And all she did was moan about it... >:(

westernpromise

They all just seem to want Mum & Dad to pay off the debt for them, none of them are that bothered about it.

Exactly the wrong thing to do, of course. It sends the signal that it doesn't matter how far into debt they get, some other mug will scrimp, scrape, and cut back to get you out of it.

Giving money to feckless people is always foolish.

King_David_2

This country needs a recession.

Then people will see what debt can really do.

deemy2004

If they want to hit home the dangers of debt then they need to show bad endings !

Not the children coming home to roost for a couple of months, beign tucked in by their mums, nice and snug with their teddies in bed.

Well, okay that is a bad ending

Maybe some stories about how my partner jumped off the bridge cos of debt, or how people have attempted x,yz because of debt may make the debt situation a little more in focus

deemy2004

This country needs a recession.

Then people will see what debt can really do.

New Labours spending binge will likely have to be paid for after the next election pencil in 2006, 07 as recession years.

King_David_2

Some people will laugh when I say we need a recession.

We've had the good times, too good in fact. It all leads to a very big problem when the economy turns the other way, which one day it will.

I will be ;D when I see people getting repossessed.

Too many have borrowed more than they can afford.