Current Affairs Cost of living…

Status
Not open for further replies.
If rates stay as they are, our payments will go up by £600pm in May. Hoping they drop off substantially before then.
I've buried my head in the sand about this and not quite sure when our fixed term ends but I know the day is coming soon (wife deals with pretty much all financials as I'm useless with money). I don't even want to know how much it's going to go up.

I've never paid much attention to the price of fuel till it went through the roof a year or so back, noticed diesel had come down to around $1.80 a litre a few weeks back when I filled up (work 5 minutes from home so don't fill up too often) sitting at the traffic lights the other day next to the same petrol station and glanced at the prices and see it was $2.18 a litre, just an absolute piss take.
 
So we've got mortgages and rents rising phenomenally, fuel prices going back up, energy costs rising like 4 fold, council land rates going up ridiculously every year (I assume when I see council tax referred to on here that's the same thing as land rates in Australia), grocery bills sky-rocketing despite trying to put less in the trolley each time, home and car insurance jacked up every year, paying a fortune in private health cover so we're not on 500 year waiting lists in the public sector if something goes wrong.

Anything else I'm forgetting?

I'd say rant over but it's just beginning.
 
How do the darlings cope.


Free markets...

CEO's in the FTSE 100, generally have massive responsibilities of global companies. There is nothing to stop you from applying for a CEO position. If you have the knowledge, experience and talent, you too, can also apply to become become a CEO for a major global company.

FTSE 100 CEO's enjoy wages not dissimilar from average Premier League players...
 
So we've got mortgages and rents rising phenomenally, fuel prices going back up, energy costs rising like 4 fold, council land rates going up ridiculously every year (I assume when I see council tax referred to on here that's the same thing as land rates in Australia), grocery bills sky-rocketing despite trying to put less in the trolley each time, home and car insurance jacked up every year, paying a fortune in private health cover so we're not on 500 year waiting lists in the public sector if something goes wrong.

Anything else I'm forgetting?

I'd say rant over but it's just beginning.
Refuse collection
Entertainment (subscription services, cinema, night out, sport events, concerts)
 
If rates stay as they are, our payments will go up by £600pm in May. Hoping they drop off substantially before then.

God almighty that’s brutal!…

I wasn’t sure what to do initially. I wasn’t sure if I should lock a rate in 6 months out or wait and see, in the end we were ok. We bought our house 12 years ago and it was very affordable, so as time went on we’ve been able to live a bit better and invest a bit more. Probably more luck than design!

I really hope the rate comes down for you, £600 is a big hit to take.
 
God almighty that’s brutal!…

I wasn’t sure what to do initially. I wasn’t sure if I should lock a rate in 6 months out or wait and see, in the end we were ok. We bought our house 12 years ago and it was very affordable, so as time went on we’ve been able to live a bit better and invest a bit more. Probably more luck than design!

I really hope the rate comes down for you, £600 is a big hit to take.

We have a great rate, currently (1.5%) which we’ll have had for 4 years by the time it ends which means we’ve benefited greatly.

We won’t lock in to a deal once this is over and just follow a tracker mortgage rate until it comes back down in the hope that it comes down by quite a bit.
 
Status
Not open for further replies.

Welcome

Join the Everton conversation today.
Fewer ads, full access, completely free.

🛒 Visit Shop

Support Grand Old Team by checking out our latest Everton gear!
Back
Top