Live within your means
I have a bit of an outdated view and some might say contraversial belief.

I believe, with the exception of a mortgage on an affordable house, that we should live within our means.

That means I don't approve of borrowing money to buy shit you don't need because you'd rather have it now on finance than when you can actually afford it.

The inevitable effects of when it goes wrong are plain to see in the economy today, after all we're now prompted to sell our gold and get a pay day loan at 2500% etc etc.

I'm not in debt, I was as recently as a few years ago but have worked hard to sort myself out. I don't drive a shiny expensive car or live the lavish life of many I see, but nor will I be in big trouble if my income changes.

A fella at work is always bragging about his stuff as best I can tell every month he spends:
£800 on rent (because he can't get a deposit together to buy somewhere)
£560 on a car (2012 audi on finance) Plus however much to run and insure it!
£40 on an iphone
£70 on Sky with sports etc
£100+ a week on going out Friday/Saturday night
Plus I presume he actually buys food to eat etc.

All in he's got to be spending more than his actual salary and I can't for the life of me work out how he plans to sustain it?

Of course I had to open my mouth one day when he was talking about buying a 3D TV and suggest maybe he couldn't afford it... His mouth just dropped and he stared through me in a "what the hell are you talking about???" manner. "Nah, they're only 2 grand!". You can't reason with someone who describes a tv they don't need as ONLY being £2000.

Maybe getting old has just made me sensible, but when you spend more than you make why would anyone think the solution is to borrow more money so you can carry on spending???
(golddust QOTW now revolves around being a cunt, Thu 25 Apr 2013, 14:30, 7 replies)

Who does your fella think he is?
The chancellor of the exchequer?
( edjogs Collared doves are shit., Thu 25 Apr 2013, 14:36, closed)

you sound like the boring guy at work

( The Doveston haunted by the memory of his own amnesia, Thu 25 Apr 2013, 14:41, closed)

lol

( Je suis un vagabond is an unfunny, up your own arse middle class knob, Thu 25 Apr 2013, 15:58, closed)

i agree, people look down on people who don't have the latest thing that they have been told to buy and carry huge debts,its insane.
(Rrose Slavy, Thu 25 Apr 2013, 16:32, closed)

and, a lot of the hypothetical wealth of this nation is currently locked-up in debts on high-grade consumer equipment being paid off at a few quid a week

No wonder the banks are edgy about lending out the rest of it
(Carpe Cyprinidae, Thu 25 Apr 2013, 19:03, closed)

Haha. Povvo McShitTelly.

( Dr. Shambolic je suis charlie, Thu 25 Apr 2013, 17:36, closed)

haha

( The Doveston haunted by the memory of his own amnesia, Thu 25 Apr 2013, 19:09, closed)