I am SOOOOOO out of touch

Hubby and I are ticking along quite nicely thank you.
All of our expenditure is budgeted for and we meet the bills, keep warm, are well fed and get by, and for that I am grateful.

Time for a rant.

Listening to the radio on the way out today, they were talking about how a pay rise of 2.9% puts around £14 a week into the pay packet, which is ‘more than enough to keep up with rising prices with a bit left over.’ according to the newsreader.
Hubby and I gulped as he continued to say that wages today are around £25,400 per annum or £488 a week.
My effort at Holy Cow, except this is a bull, so it’s all BS.

The minimum wage in this country rose to £7.83 from April for anyone over 25  (source)
Apprentices must now be paid at least £3.70 an hour, whilst the under-18s £4.20 an hour, under-20s £5.90 an hour and under-24s, £7.38 an hour.
The current Living Wage (based on the purchase of a basket of goods) is £10.20 ph in London or £8.75 ph elsewhere in the country.

My final salary when I was made redundant in 2001 was £23,000 pa and believe me, I worked hard for every penny. My bank pension is based on my final salary, so not a lot.
My employment for the next five years saw me start at £11,000 pa to finish on £17,500 following a promotion. I decided to take early retirement in 2007 when we left the area and haven’t worked in an office since, though I did casual work in a car museum and dog kennels shortly afterwards for £5 ph cash in hand.
It’s my choice not to work, which is why my only income is my pension and two small annuities.

It wasn’t so much the salary quoted that caught our breath, but the nonchalant way £14 a week was said to easily cover rising prices ‘with a bit left over’.
What about the part timers who still have to pay these rising prices, but won’t benefit from the full £14, if they’re on pro-rata wages to begin with?
What about the pensioners? Unemployed? Disabled?
It’s not just food, it’s heating, electricity, local taxes, public services, clothes, shoes, fuel etc etc.
No-one should expect to live here for free on Government handouts (though some do by abusing the system and get away with it), but I wonder just where our Leaders get their figures and assumptions, as they sure aren’t living in the same world as us and a lot of other people.

For them, money is just a series of 000s and figure of speech to give away on a whim or a jolly under the guise of ‘Foreign Relations’, not the difference between food on the table, clothing their kids or heating their homes.
Bi££ions are wasted, millions of people live on credit and the average debt per person, according to The Guardian and excluding any mortgage, is £8000 (source).
OK, I know nothing about World Economics, how to run the Country’s Purse or balance the Books, but I balance our own, and we live within our means, not by choice, but because we have to.
If only people would not get carried away by peer pressure or the assumption they HAVE to have the latest in technology, transport, social networking and socialising with their friends at expensive clubs and restaurants, maybe, just maybe, they would not find themselves in the financial money pit that only gets deeper and darker.

I am so out of touch, it’s sad that I still think of the old pounds, shillings and pence.

Rant over.

About pensitivity101

I am a retired number cruncher with a vivid imagination and wacky sense of humour which extends to short stories and poetry. I love to cook and am a bit of a dog whisperer as I get on better with them than people sometimes! We have recently lost our beloved dog Maggie who adopted us as a 7 week old pup in March 2005. We decided to have a photo put on canvas as we had for her predecessor Barney, and now have three pictures of our fur babies on the wall as we found a snapshot of my GSD so had hers done too. From 2014 to 2017 'Home' was a 41 foot narrow boat where we made strong friendships both on and off the water. We were close to nature enjoying swan and duck families for neighbours, and it was a fascinating chapter in our lives. We now reside in a small bungalow on the Lincolnshire coast where we have forged new friendships and interests.
This entry was posted in budgets, Just a thought, money matters, Opinions and tagged , , . Bookmark the permalink.

9 Responses to I am SOOOOOO out of touch

  1. colinandray says:

    Ah………. pounds, shillings & pence. Of course I really age myself by remembering threepenny bits, bobs, tanners, half-a crowns, halfpennies ……. ! 🙂

  2. cagedunn says:

    look at the difference between average and mean – and you’ll see where they get their silly little numbers (they then use this malarkey to present a pic so they feel and sound as if they do something good for people – and not that they allow the main workforce to be forced into pt, casual, etc. while they auto-up their own salaries [I am talking about the pollies, which is generally where the journo’s get these tid-bits, yes?]).
    It’s not only in the UK, it’s everywhere. They should remember an old adage:
    you can fool some of the people …

  3. I do think there is an alternative universe somewhere for some people…not sure whether to look for that door – or run as far and fast as possible.

Comments are closed.