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Financial Ruin ..... ???????????

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Old 08 November 2012, 02:45 PM
  #31  
SJ_Skyline
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Originally Posted by pslewis
I agree - £85k is a very low amount to guarantee in these days where 92% of the population have savings of more than that ....
Oh Pete, you are a card!
Old 08 November 2012, 03:00 PM
  #32  
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You should be able to afford a new pair of trousers then Compo!

Les
Old 08 November 2012, 03:32 PM
  #33  
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Originally Posted by pslewis
They should have paid their taxes then - as far as the reports have it, no-one paid any taxes!! Tough luck, in that case!! Corruption from the top down!



True - a lot of work is Part-Time ..... but, nothing is stopping anyone bettering themselves - what is it with todays youth, wanting everything on a plate without the graft to get there?



Again, True ..... but, how many people actually get off their butts and move their suppliers? Not many - again, apathy and laziness which wasn't the rule 30 years ago!



There have been pre-Xmas sales for decades now ... it isn't a reflection on the economic situation, rather a reflection of what the buying public want to see.

My wages have exceeded those of the higher Supermarket prices, as a whole.



Lot's selling here in the South - there has really not been much of a fall at all, a stagnation maybe ... which is a slight fall in real terms of course - but nothing that cannot be coped with with ease.



I agree - £85k is a very low amount to guarantee in these days where 92% of the population have savings of more than that .... however, it was a lower amount a few years ago ... so, that has improved somewhat.



Very true ...... I have no idea at all. If you are 25 now then I expect you will have to work until you are 85 before you can afford to retire.

That said, 30 years ago the average age for a male dying was 67 - 2 years after retirement .... now, that sits at around 75 - 7 years later! That cannot be funded.

The newborns of today will die aged 100+ so they say - they will have to work until 95 to make the same maths work.

The world has changed - it will never be the same again .... for better or for worse.
Pete,
You have surpassed yourself. Well done.
Old 09 November 2012, 01:02 PM
  #34  
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It will be interesting how this will affect the UK when the USA hits it debt celing:

http://www.businessweek.com/articles...january-1-2013
Old 09 November 2012, 03:59 PM
  #35  
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and theres me thinking this was going to be a good thread, about PS in financial ruin and joining the rest of us paupers. Ah well, heres wishing
Old 09 November 2012, 04:57 PM
  #36  
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Carlh ...... I have a real problem each month with around £3,500 surplus to get rid of - you honestly wouldn't believe what a pain in the rear end it is trying to put spare cash somewhere worthwhile, when it is mounting at an ever increasing rate ......... let me know if you have any ideas?

Old 09 November 2012, 05:17 PM
  #37  
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A non-diesel civic would be a start i think!
Old 09 November 2012, 05:47 PM
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pslewis bores me!
Old 09 November 2012, 05:59 PM
  #39  
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Originally Posted by kevfawcett
pslewis bores me!
Plenty of other threads to excite you ..... I suggest you use your vote and post there instead - dear me, some people are thick!
Old 09 November 2012, 06:21 PM
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Originally Posted by pslewis
Plenty of other threads to excite you ..... I suggest you use your vote and post there instead - dear me, some people are thick!
What are you talking about? What makes you think I'm thick? Is it because I don't post every other week how much I earn? or how much disposable income I have? or the fact I'm a Northerner? All of them are true so I must be unable to hold down a job and live in a council house on benefits?

Do us all a favour old man, grow up.
Old 09 November 2012, 06:41 PM
  #41  
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You STILL posting on a thread you find boring?

Old 09 November 2012, 06:51 PM
  #42  
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I never said I find the post boring, I said you are!

And what happened to answering the questions I put to you?
Old 09 November 2012, 06:52 PM
  #43  
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Old 09 November 2012, 07:03 PM
  #44  
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Originally Posted by kevfawcett
I never said I find the post boring, I said you are!

And what happened to answering the questions I put to you?
OH, I see ........ you think someone who you don't know is boring? You are genuinely answering your own question on what makes it clear you are thick!!
Old 10 November 2012, 03:09 AM
  #45  
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Originally Posted by pslewis
OH, I see ........ you think someone who you don't know is boring? You are genuinely answering your own question on what makes it clear you are thick!!
OH, I see ........ you think someone who you don't know is thick? You are genuinely labelling yourself thick and your mundane posts make it clear you're boring!!
Old 10 November 2012, 10:51 AM
  #46  
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Originally Posted by kevfawcett
pslewis bores me!
Do you find it too difficult to think of a solution to your problem then?

Les
Old 10 November 2012, 12:03 PM
  #47  
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Originally Posted by Leslie
Do you find it too difficult to think of a solution to your problem then?

Les
Yes, I can't think of any possible solution to my predicament
Old 10 November 2012, 01:02 PM
  #48  
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Well, Compo (Pete) gave you some pretty good advice, you could always try that, so easy too!

Les
Old 10 November 2012, 01:18 PM
  #49  
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Originally Posted by kevfawcett
Yes, I can't think of any possible solution to my predicament
You keep coming back to engage with me .......... come on, be truthful, you do LOVE reading my posts, don't you? - there can be no other reason for your infatuation with me.
Old 10 November 2012, 01:58 PM
  #50  
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The real reason is I want to pilfer some of your £3500 monthly expendable income into my own account. Sadly i'm so thick I have just told you my plan and I now fear it won't work
Old 10 November 2012, 02:03 PM
  #51  
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That would be the income for which I have nothing to do with, disposable income?

If I gave you £3,500 this month then, I'm afraid, I will have the very same problem next month ...... then. of course, there is the wifes income to do something with.

You have no idea how hard it is, and how mind bendingly painful, to distribute it wisely!!

Think yourself lucky to be thick ..... these trivial things will never trouble you.
Old 10 November 2012, 02:09 PM
  #52  
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Originally Posted by kevfawcett
The real reason is I want to pilfer some of your £3500 monthly expendable income into my own account. Sadly i'm so thick I have just told you my plan and I now fear it won't work
Now you are talking!

I am afraid he is too quick by half for the likes of us when it comes to cash,even though he wears trousers like that!

Les
Old 10 November 2012, 02:11 PM
  #53  
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pete if your that worried give me all your money and your house and car and go live in the woods as a hermit and be self sufficient
Old 10 November 2012, 02:20 PM
  #54  
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Originally Posted by Leslie
Now you are talking!

I am afraid he is too quick by half for the likes of us when it comes to cash,even though he wears trousers like that!

Les
Trousers held up by the finest string though, Les
Old 10 November 2012, 02:22 PM
  #55  
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What is the definition of expendable income?

In: Income Taxes [Edit categories]
Popular Questions
Answers.com > Wiki Answers > Categories > Business & Finance > Personal Finance > Taxes and Tax Preparation > Income Taxes > What is the definition of expendable income?


Answer:
For the individual taxpayer or person it would be any excess amount after all taxes, bills, insurances, medical expense, living expenses, transportation expense, and amounts that should be put into the savings and retirement accounts.
After you take care of all of your necessary expenses then if you have any thing left that would be an expendable amount of your net income.

^^^^^^^^You're welcome!

I think you'd be surprised/jealous if you ever saw my pay slip......
Old 10 November 2012, 02:22 PM
  #56  
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Originally Posted by Tidgy
pete if your that worried give me all your money and your house and car and go live in the woods as a hermit and be self sufficient
Been there ..... remember, I scuffed my knees on the backstreets of Middlesbrough - not for me the silver spoon of Cameron and Osborne.

And, I'm in no hurry to be rushing back to the streets .......... guess I will have to suffer this weight which has been placed upon my shoulders?
Old 10 November 2012, 02:33 PM
  #57  
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Originally Posted by kevfawcett
I think you'd be surprised/jealous if you ever saw my pay slip......
You're right ..... in fact I would probably admire how you could hold your life together on so little.
Old 10 November 2012, 02:44 PM
  #58  
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OK
Old 10 November 2012, 02:47 PM
  #59  
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Now, see? aren't you soooo glad that you stayed here and posted on the most boring thread to the most boring person?

Your life has now become fulfilled!!!!
Old 10 November 2012, 04:04 PM
  #60  
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I love Pete's threads.


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