Baby Talk
30 October 2002, 11:56 AM
#62
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Maybe JoeyDeacon should tell the Inland Revenue he wants his tax code changed to zero, so that he gets no personal allowance and pays tax on all his earnings so that he's not sponging off the government
Why should he get that first £4.61k tax free?
Why not, it's not as if I don't pay enough tax as it is. What tax rate do you suggest I should pay on this first £4610?? Maybe that would allow Amanda Jane to buy a few more tanks of Optimax for when she gets her Impreza?
Why should he get that first £4.61k tax free?
Why not, it's not as if I don't pay enough tax as it is. What tax rate do you suggest I should pay on this first £4610?? Maybe that would allow Amanda Jane to buy a few more tanks of Optimax for when she gets her Impreza?
30 October 2002, 11:58 AM
#63
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Marko,
I stand by my comment about 'my tax payments' being claimed back and not someone elses.
Tax credit is effectively a rebate on tax that i have paid over the previous year. I don't see how it's any different from having a different tax code. You might as well say "married couples are sponging because they get different tax codes?"
If i go by your suggestion -
I sell the scoob and pay for the kids without the benefit of tax credit. The goverment will lose out on all that fuel tax i pay.
(I worked out that i pay about a 800 quid more in tax with the scoob than i would if i was running a cheap family car. I'll only be able to claim about 700 quid in tax credits a year... so your thinking will have just cost the taxpayer 100 quid)
<edited to say : sorry Marko, i'm posting too slow, didn't read your last post>
[Edited by marty_t3 - 10/30/2002 12:02:07 PM]
I stand by my comment about 'my tax payments' being claimed back and not someone elses.
Tax credit is effectively a rebate on tax that i have paid over the previous year. I don't see how it's any different from having a different tax code. You might as well say "married couples are sponging because they get different tax codes?"
If i go by your suggestion -
I sell the scoob and pay for the kids without the benefit of tax credit. The goverment will lose out on all that fuel tax i pay.
(I worked out that i pay about a 800 quid more in tax with the scoob than i would if i was running a cheap family car. I'll only be able to claim about 700 quid in tax credits a year... so your thinking will have just cost the taxpayer 100 quid)
<edited to say : sorry Marko, i'm posting too slow, didn't read your last post>
[Edited by marty_t3 - 10/30/2002 12:02:07 PM]
30 October 2002, 11:59 AM
#64
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Will you all stop bitching at Amanda Jane. She has probably made more sense than the rest of you! She's working, spending ample time with her son and doesn't own a Scooby so why is she the butt of all the critisism?! She's claiming what she's entitled to!
30 October 2002, 11:59 AM
#65
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Kids over anything,
bring them up right and you can have 2 options
1.scooby paid for by junior
2.scooby borrowed by junior
my option is ...... depreciating metal, appreciating life
bring them up right and you can have 2 options
1.scooby paid for by junior
2.scooby borrowed by junior
my option is ...... depreciating metal, appreciating life
30 October 2002, 12:16 PM
#67
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Christ, this thread just gets worse!!!!
MarkO, for once i absolutely agree with you 100%.
I still think my 1st post on page 1 applies. Pretty simple really.
If you definately want both, then work for it!
Then you can be proud!
Steven
MarkO, for once i absolutely agree with you 100%.
I still think my 1st post on page 1 applies. Pretty simple really.
If you definately want both, then work for it!
Then you can be proud!
Steven
30 October 2002, 12:19 PM
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Gezackly....I can't understand why it was even an issue....
At the very least...should you not want to sell the car, take out a longer loan to reduce your payments...but children are EXPENSIVE by their very nature... If you're being crippled now, just by the car, then adding the cost of a child will see you spiral into debt in no time.
At the very least...should you not want to sell the car, take out a longer loan to reduce your payments...but children are EXPENSIVE by their very nature... If you're being crippled now, just by the car, then adding the cost of a child will see you spiral into debt in no time.
30 October 2002, 12:22 PM
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Excerpt from Here
If prospective parents ever tallied the cost of having a baby before they conceived, the U.S. population rate would undoubtedly suffer a serious decline. Just consider: According to government estimates, the average middle-income family will spend roughly $10,000 on child-related expenses in their baby’s first two years of life ($8,000 for a second child), and some experts suggest that figure may be too low.
After all, you can count on spending at a minimum $25 a week ($1,250 per year) on diapers, formula, and baby food alone. Then toss in such big-ticket items as furniture, equipment, clothes, childcare if you’re returning to work, medical expenses, and — well, you get the idea.
"New parents learn early on that everything costs much more than they anticipated," says Barbara Hetzer, author of How Can I Ever Afford Children? Money Skills for New and Experienced Parents. "And the expenses keep getting bigger as you go along."
For some new parents, these expenses come as a double whammy. If both parents were working before the baby’s birth, "when you have a baby, if one or both of you take at least some time off, your income goes down at the same time your costs go up," says Alan Fields, coauthor of the book Baby Bargains.
If prospective parents ever tallied the cost of having a baby before they conceived, the U.S. population rate would undoubtedly suffer a serious decline. Just consider: According to government estimates, the average middle-income family will spend roughly $10,000 on child-related expenses in their baby’s first two years of life ($8,000 for a second child), and some experts suggest that figure may be too low.
After all, you can count on spending at a minimum $25 a week ($1,250 per year) on diapers, formula, and baby food alone. Then toss in such big-ticket items as furniture, equipment, clothes, childcare if you’re returning to work, medical expenses, and — well, you get the idea.
"New parents learn early on that everything costs much more than they anticipated," says Barbara Hetzer, author of How Can I Ever Afford Children? Money Skills for New and Experienced Parents. "And the expenses keep getting bigger as you go along."
For some new parents, these expenses come as a double whammy. If both parents were working before the baby’s birth, "when you have a baby, if one or both of you take at least some time off, your income goes down at the same time your costs go up," says Alan Fields, coauthor of the book Baby Bargains.
30 October 2002, 12:23 PM
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Originally posted by JoeyDeacon:
And so do I, so why shouldn't I reduce it by claiming the children's tax credit? So is the rule now that anyone claiming the children's tax credit shouldn't be allowed to drive an Impreza? If you've got a couple with one kid who are earning £64k or more between them it would be hard to spend the lot on food and clothes (though my wife could easily spend £64k on clothes....). If the government was that bothered about what the money was spent on, they'd means test it (e.g. make you ineligble if you have money in the bank, or if you drive anything other than a diesel Focus )
For the record, we haven't actually claimed the children's tax credit since it was created, due to a combination of circumstances which made us ineligible.
Why not, it's not as if I don't pay enough tax as it is.
)For the record, we haven't actually claimed the children's tax credit since it was created, due to a combination of circumstances which made us ineligible.
30 October 2002, 12:24 PM
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Red dog
I'm not going to get into the moral debate.
You've posted recently that the insurance cost on your car is crippling (and it's only going to get worse) and now you're planning on having a kid (extremely long-term costs). And what happens if you have a mechanical with the car (servicing's a bugger) or find that £400 per month isn't the sum total of your child-related expenditure - I guarantee it won't be.
Unless you can significantly increase your income, the car has to go, and the sooner the better.
Alternatively, put off having a kid for another year or so, enjoy the car, and enjoy the memory until such time as you can afford another.
bros
I'm not going to get into the moral debate.
You've posted recently that the insurance cost on your car is crippling (and it's only going to get worse) and now you're planning on having a kid (extremely long-term costs). And what happens if you have a mechanical with the car (servicing's a bugger) or find that £400 per month isn't the sum total of your child-related expenditure - I guarantee it won't be.
Unless you can significantly increase your income, the car has to go, and the sooner the better.
Alternatively, put off having a kid for another year or so, enjoy the car, and enjoy the memory until such time as you can afford another.
bros
30 October 2002, 12:30 PM
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take out a longer loan to reduce your payments
anyone need a good IFA???? - you wont find one here!!
BB
30 October 2002, 12:38 PM
#77
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Right, big discussions with fella now me thinks!! God, he'll be p*ssed if he knows I posted this on here!!!
30 October 2002, 12:51 PM
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Right, big discussions with fella now me thinks!! God, he'll be p*ssed if he knows I posted this on here!!!
Jeez, that even makes Michelle's private life look private.
;p
30 October 2002, 01:04 PM
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Nooooooooooo!!!! We have discussed it in great length but I needed other opinions!!! Thing is this. I have a child already and even though I want another, the way I see it is, I'm just starting to get a bit of freedom back to enjoy myself because he has always come first. My partner on the other hand has no children of his own and wants one soon. I am in a bit of termoil as to whether to keep the car and wait or have a child now and sell the car then buy another when we are more financially 'secure'. I've told him this and it's a real bone of contention. I guess it's selfish of me but on the other hand, he can't be that sure if he wants to keep the car too!!!! 
Edited to say that this doesn't read well, I know, but can't really explain it properly!!
[Edited by red_dog104 - 10/30/2002 1:06:05 PM]
Edited to say that this doesn't read well, I know, but can't really explain it properly!!
[Edited by red_dog104 - 10/30/2002 1:06:05 PM]
30 October 2002, 01:07 PM
#83
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Lisa,
Please don't take this the wrong way, but how you can associate the buying/selling/keeping of an inanimate piece of machinery, with the potential birth of a human being, confuses, and actually quite saddens me.
Take a step back. Look at what you're saying.
Terry
Please don't take this the wrong way, but how you can associate the buying/selling/keeping of an inanimate piece of machinery, with the potential birth of a human being, confuses, and actually quite saddens me.
Take a step back. Look at what you're saying.
Terry
30 October 2002, 01:15 PM
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red dog,
Seems that the real question is not "can I afford another child" but "do I really want another child?" Your partner REALLY wants one, you're reasonably keen, but you also want your freedom back.
Make the decision on the child. The decision on the car is an easy one after that.
bros
Seems that the real question is not "can I afford another child" but "do I really want another child?" Your partner REALLY wants one, you're reasonably keen, but you also want your freedom back.
Make the decision on the child. The decision on the car is an easy one after that.
bros
30 October 2002, 02:07 PM
#87
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Personally, I'd keep the Scoob, and try to make ends meet.
What really p1sses me off is the self-righteous brigade coming on here and slating how other posters, in essence, make ends meet. EG the Child tax credit system. Not everybody has serious high income (fair play to those who do - I'm sure you earn every penny)
How ******* dare anybody on here dictate who should get tax credit (and whilst I'm in the mood, children, in general)!!![img]images/smilies/mad.gif[/img]
EVERYBODY is entitled to the tax credit & kids. Period. How the individuals decide to spend that tax credit is entirely up to them, and therefore is none of anybody elses ******* business!!![img]images/smilies/mad.gif[/img]
This then brings up the usual remarks, "well, in that case, you shouldn't own a Scoob". Bollox. Who the hell put you lot in charge?!
If it becomes too much of a financial burden, then it is up to the individuals to sort it out.
There are quite a few people on this board who seem to have the arrogance to assume that they are better than everybody else, just because they are more successful (in general terms).
I swore that I wouldn't rise to this post, but it's really hit a nerve, being as I have an Impreza, one 2yr old, and a wife pregnant with our 2nd, childcare costs, and like most other people, many outgoings and monthly budgets to adhere to.
Personally, the addition of children to a family is the greatest gift imaginable. They are a life-changing thing. But life does not stop just because of children. They have to fit (in general) into your existing life. Those who disagree, again, generally don't have kids.
All I will say is that, there will always be different perceptions on how to deal with new families/additions etc. Each family is TOTALLY different and answers to NOBODY but themselves.
Discuss that [img]images/smilies/mad.gif[/img]
Dan (calming down now
)
PS I can't wait for all the ever-so witty comments from race of "super-humans"
What really p1sses me off is the self-righteous brigade coming on here and slating how other posters, in essence, make ends meet. EG the Child tax credit system. Not everybody has serious high income (fair play to those who do - I'm sure you earn every penny)
How ******* dare anybody on here dictate who should get tax credit (and whilst I'm in the mood, children, in general)!!![img]images/smilies/mad.gif[/img]
EVERYBODY is entitled to the tax credit & kids. Period. How the individuals decide to spend that tax credit is entirely up to them, and therefore is none of anybody elses ******* business!!![img]images/smilies/mad.gif[/img]
This then brings up the usual remarks, "well, in that case, you shouldn't own a Scoob". Bollox. Who the hell put you lot in charge?!
If it becomes too much of a financial burden, then it is up to the individuals to sort it out.
There are quite a few people on this board who seem to have the arrogance to assume that they are better than everybody else, just because they are more successful (in general terms
).I swore that I wouldn't rise to this post, but it's really hit a nerve, being as I have an Impreza, one 2yr old, and a wife pregnant with our 2nd, childcare costs, and like most other people, many outgoings and monthly budgets to adhere to.
Personally, the addition of children to a family is the greatest gift imaginable. They are a life-changing thing. But life does not stop just because of children. They have to fit (in general) into your existing life. Those who disagree, again, generally don't have kids.
All I will say is that, there will always be different perceptions on how to deal with new families/additions etc. Each family is TOTALLY different and answers to NOBODY but themselves.
Discuss that [img]images/smilies/mad.gif[/img]
Dan (calming down now
)PS I can't wait for all the ever-so witty comments from race of "super-humans"
30 October 2002, 02:17 PM
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I'm not going to rise to most of that. Some of it made a good point, and some of it was complete bollocks. However, I would like to just clarify one point:
Erm, no. If it becomes too much of a financial burden, the state has to step in and sort it out. So if somebody decides to try and keep their scoob & have kids when they couldn't really afford the scoob before hand (I think the phrase used was 'crippling repayments'), the debt spirals out of control, and suddenly they've had the house repossessed and are living in a council house at the taxpayers' expsense.
Many other people (such as Amanda in this thread) will go without and make the sacrifices (e.g., taking the bus instead of using a car) to ensure a stable financial basis for their kids. If people do decide to try and juggle a sports car which they can't really afford, then IMO they'd better be damned sure they can manage it otherwise they'll get little sympathy from me when the house of cards collapses. [img]images/smilies/mad.gif[/img]
If it becomes too much of a financial burden, then it is up to the individuals to sort it out.
Many other people (such as Amanda in this thread) will go without and make the sacrifices (e.g., taking the bus instead of using a car) to ensure a stable financial basis for their kids. If people do decide to try and juggle a sports car which they can't really afford, then IMO they'd better be damned sure they can manage it otherwise they'll get little sympathy from me when the house of cards collapses. [img]images/smilies/mad.gif[/img]
30 October 2002, 02:19 PM
#89
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You already have one child by your husband and you say you split with him only last year. Maybe you should wait a little longer in this relationship to see if a child is what you BOTH want before making decisions. Even if you sell the scoob, consider how much you could have to pay out again for another (even if it is cheaper to run car) not to mention any possible hassles with finance agreements. OK, so you may not conceive immediately but sod's laws says you probably will!!
30 October 2002, 02:21 PM
#90
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Well said Dan!
I know I did the original post and that I pretty much asked for some of the responses and maybe regretting putting it on here a bit now but all in all it's made things clearer. Lines of communication are open with me and other half and we are trying to find a way to do both. If worst comes to the worst, the car will go!
I know I did the original post and that I pretty much asked for some of the responses and maybe regretting putting it on here a bit now but all in all it's made things clearer. Lines of communication are open with me and other half and we are trying to find a way to do both. If worst comes to the worst, the car will go!