Why the Guardian is going down the pan!

[kabbes]

Poor Scott, imagine the hardship of having to live off £74,000 a year.

‘It’s all fallen flat’: households earning more than £60,000 on how they are struggling financially

Mortgages, bills and highest tax burden in 70 years pile on pressure despite healthy incomes

www.theguardian.com

Hmmmmmmmmmmmmmmm…

“The couple’s mortgage uses up more than a third of Scott’s take-home pay, the family’s monthly grocery shop costs more than £500, his student loan repayments are £300 – “money I now desperately need,” he says.“We lease a car, the cost of which has risen greatly too because of higher interest rates. After all the things I have to pay for, we’re lucky to have £300 left over for the month…”

Right so. £74k should give him takehome of ca. £52k, according to the MoneySavingExpert site. That’s a tad under £4,500 a month. His mortgage is a third (£1500 a month, which sounds reasonable), so that leaves him about £3000 a month. Take off £500 and £300 for his stated expenses and I would guess about £300 for council tax, £300 for energy, £300 for fuel/train and £300 for phone, broadband and other bills and you’re left with about £1000 a month. If he wants to spend £700 of that a month on having a flash car (i.e. to leave £300 a month remaining) then I guess that’s his choice, but it seems a bit rich to spend that kind of money and then whinge about not having much left.

 

[Elpenor]

I would think student loan payments come out of take home pay, unless he’s in the last year and paying by direct debit?

 

[TopCat]

People were shot. Is it that hard for you to understand?

The acting director of the al-Awda Hospital in Jabalia meanwhile told the Associated Press that it had received 161 wounded patients, most of whom appeared to have been shot.

Gobsmack

 

[danny la rouge]

74k should give him takehome of ca. £52k, according to the MoneySavingExpert site. That’s a tad under £4,500 a month.

it seems a bit rich

Quite agree.

 

[Sue]

'Luck' not exactly being the right word here.

Millennials will be the richest generation ever, but who gets that wealth is down to luck | Martha Gill

While some will profit from inheriting their baby boomer parents’ property, others face an ever more unequal society

www.theguardian.com

 

[pbsmooth]

Hmmmmmmmmmmmmmmm…

“The couple’s mortgage uses up more than a third of Scott’s take-home pay, the family’s monthly grocery shop costs more than £500, his student loan repayments are £300 – “money I now desperately need,” he says.“We lease a car, the cost of which has risen greatly too because of higher interest rates. After all the things I have to pay for, we’re lucky to have £300 left over for the month…”

Right so. £74k should give him takehome of ca. £52k, according to the MoneySavingExpert site. That’s a tad under £4,500 a month. His mortgage is a third (£1500 a month, which sounds reasonable), so that leaves him about £3000 a month. Take off £500 and £300 for his stated expenses and I would guess about £300 for council tax, £300 for energy, £300 for fuel/train and £300 for phone, broadband and other bills and you’re left with about £1000 a month. If he wants to spend £700 of that a month on having a flash car (i.e. to leave £300 a month remaining) then I guess that’s his choice, but it seems a bit rich to spend that kind of money and then whinge about not having much left.

I’m on a similar wage and I also pay £1000 for 3 days of nursery (plus other bits) so yes boo hoo my 70k per month does get spent in London.
Housing costs and having kids is expensive. I don’t see the issue in stating how people are getting fleeced at all levels to give a varied report on the cost of living. Repeating the same articles as nauseum about people on low incomes using food banks doesn’t seem somehow more useful.

 

[Silas Loom]

my 70k per month does get spent in London.

Goodness. I am sure you are worth every penny.

 

[kabbes]

I’m on a similar wage and I also pay £1000 for 3 days of nursery (plus other bits) so yes boo hoo my 70k per month does get spent in London.
Housing costs and having kids is expensive. I don’t see the issue in stating how people are getting fleeced at all levels to give a varied report on the cost of living. Repeating the same articles as nauseum about people on low incomes using food banks doesn’t seem somehow more useful.

He doesn’t mention spending £1000 per month on nursery costs. His big costs that he lists are (a) mortgage; (b) grocery bills; (c) student loan repayment; and (d) the lease on a car.

 

[Saul Goodman]

Goodness. I am sure you are worth every penny.

That makes one of us.

 

[pbsmooth]

He doesn’t mention spending £1000 per month on nursery costs. His big costs that he lists are (a) mortgage; (b) grocery bills; (c) student loan repayment; and (d) the lease on a car.

sure, I was more addressing the apparent idea that a 70k salary couldn't possibly be spent just living a fairly basic life in London.

the UK penalises families where both parents don't work. they want your child to be brought up by someone else, it seems. two parents earning 35k get nursery free for 30 hours. one person earning 70k gets nothing.

 

[Silas Loom]

That makes one of us.

He wouldn’t be on £840k per annum and still posting here all day if he didn’t have some smarts.

 

[Dogsauce]

Think I paid just over a grand in income tax last year, mortgage has gone up £370 per month. So they could cut income tax to zero and I’m still well out of pocket due to the economic fuckwittery of this government. An extra £46 is just pissing in the wind.

 

[Orang Utan]

Think I paid just over a grand in income tax last year, mortgage has gone up £370 per month. So they could cut income tax to zero and I’m still well out of pocket due to the economic fuckwittery of this government. An extra £46 is just pissing in the wind.

this comment confuses me. will read again and maybe ask a question tomorrow morning...

 

[hash tag]

Nuff said

 

[Silas Loom]

Not a pun to be ashamed of. Not in the context of beleaguered Formula One’s reality TV spin-off.

 

[Orang Utan]

this comment confuses me. will read again and maybe ask a question tomorrow morning...

Think I paid just over a grand in income tax last year, mortgage has gone up £370 per month. So they could cut income tax to zero and I’m still well out of pocket due to the economic fuckwittery of this government. An extra £46 is just pissing in the wind.

Is that a grand in income tax monthly? Or did I read it right and you only paid a grand for the whole year? Do you have a very creative accountant?

 

[Monkeygrinder's Organ]

Is that a grand in income tax monthly? Or did I read it right and you only paid a grand for the whole year? Do you have a very creative accountant?

That would imply an annual income of just over £5k over the personal allowance surely. Not really something requiring a creative accountant.

 

[Dogsauce]

No accountancy tricks, just not paid much and only do 25hrs per week, though I’ve since gone up to 30 to cover some of the mortgage rise, I spend that extra hour a day thinking about dismembering fuckwit radical chancellor Kwasi Kwartang who has made this extra toil necessary.

 

[Orang Utan]

That would imply an annual income of just over £5k over the personal allowance surely. Not really something requiring a creative accountant.

But also not something one can live on, hence my confusion

 

[Orang Utan]

No accountancy tricks, just not paid much and only do 25hrs per week, though I’ve since gone up to 30 to cover some of the mortgage rise, I spend that extra hour a day thinking about dismembering fuckwit radical chancellor Kwasi Kwartang who has made this extra toil necessary.

Still seems like way less than the minimum wage. Probs still less hassle than going on UC instead though

 

[Dogsauce]

Still seems like way less than the minimum wage. Probs still less hassle than going on UC instead though

It’s not. That’s for up to April last year, think I was on seventeen something for 25hrs, definitely higher than min wage. A chunk comes off it for pension before tax gets taken off too. Full time equivalent is something like 28000 now after a pay rise, which is a decent wage in my book and pretty close to the most I earned when in a proper graduate type job a number of years ago.

 

[Orang Utan]

It’s not. That’s for up to April last year, think I was on seventeen something for 25hrs, definitely higher than min wage. A chunk comes off it for pension before tax gets taken off too. Full time equivalent is something like 28000 now after a pay rise, which is a decent wage in my book and pretty close to the most I earned when in a proper graduate type job a number of years ago.

how come you’re only paying a grand on 28k then?

 

[Dogsauce]

how come you’re only paying a grand on 28k then?

I’m not earning that, that’s what I would earn if my job was full time now after a pay rise. The grand tax was what I paid on the seventeen grand or so I earned up to the end of the last tax year (when still on 25hrs a week).

 

[xenon]

'Luck' not exactly being the right word here.

Millennials will be the richest generation ever, but who gets that wealth is down to luck | Martha Gill

While some will profit from inheriting their baby boomer parents’ property, others face an ever more unequal society

www.theguardian.com

Also assumes their parents won’t need to pay for social care or move into a care home. You’re rich because your parents own a house… Doesn’t really work.

 

[Cat Fan]

sure, I was more addressing the apparent idea that a 70k salary couldn't possibly be spent just living a fairly basic life in London.

the UK penalises families where both parents don't work. they want your child to be brought up by someone else, it seems. two parents earning 35k get nursery free for 30 hours. one person earning 70k gets nothing.

Yes, it's all relative and to be honest there are huge disparities between households with nursery age kids and households with no kids. No one likes to talk about the problem, there are just endless articles about how birth rates are falling.

 

[Cat Fan]

Also assumes their parents won’t need to pay for social care or move into a care home. You’re rich because your parents own a house… Doesn’t really work.

Also people are living longer so any inheritance might be when the millennials are already in their 60s, depending how old their parents are

 

[D'wards]

Guardian guide to how to dress for a car boot sale. Good to know

Treasure hunt: what to wear to a car boot sale

Whether you fancy a barbours and a boilersuit or mules with a bomber jacket, we have the best outfits for nabbing a bargain

www.theguardian.com

 

[Orang Utan]

Treasure hunt: what to wear to a car boot sale

Whether you fancy a barbours and a boilersuit or mules with a bomber jacket, we have the best outfits for nabbing a bargain

www.theguardian.com

This is what I always wear when out nabbing bargains

Though last time I did, I spotted ska invita and had to hide in a cupboard

 

[brogdale]

Followed by:




Looks like I need to up my game.

 

[TopCat]

Followed by:

View attachment 415182


Looks like I need to up my game.

I thought the previous fashion editor was vacuous. This one though