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To want a budget which puts young people and families first

385 replies

HFJ · 28/10/2024 19:59

In advance of an upcoming budget that will likely hammer working people (again, despite the rhetoric), I’m consoling myself by imagining my own budget. You’ll notice a theme. This is because I believe young people and families are the future, deserve to have hope, aspirations and goals. Please feel free to contribute.

  1. The first 5 years of young people’s full time earnings to be tax and NI free. This would enable all to save for a house deposit, rather than only the few who inherit. Imagine the incentive to work hard!
  2. No increases to any tax that primarily affects working age people, including fuel tax (because working people need fuel to go to work)
  3. No stamp duty for young people and those with children under 18. This enables them a fairer chance of buying property rather than have to compete unfairly with cash buyers
  4. Complete removal of the pension tax free cash allowance. This is because 100s of 1000s are poised to take their 25% lump sum and plough this into the property market (tbf I think the gov has got wind of this, hence the landlord tax changes)
  5. instead of massive increases to NHS budget (which does not really benefit the young or families), a £10 charge to see the doctor, so people start to take ownership for their health
  6. Removal of the free prescription for over 60s. Instead, use this money to bring back the school nurse and perhaps even school dentist visits

Any other ideas?

OP posts:
Mademetoxic · 30/10/2024 11:55

GoldCat255 · 30/10/2024 10:28

Excuse me, but that is like saying why should my taxes be used to road maintenance costs when I never live my town?
If no children are born, future pensions won't be paid. Your financial stability in old age depends on a younger generation prepared to cover the costs you’ll create for the system.
As a consequence, families with children need to be prioritised.

What planet do you live on?! Families with children do not need to be prioritised.
Says a single person who gets no help whatsoever from anyone. It's a joke.

taxguru · 30/10/2024 11:24

Pottedpalm · 30/10/2024 08:25

Well it does actually make sense; two incomes as opposed to one for the mortgage for a start. It is really not necessary to spend a fortune on equipping for and clothing small children with Ebay etc available, and young children don’t add a large amount to the food bill.
However, I think a major part of the problem is the expectation that it’s ok to produce children when you can’t afford to.

Even worse is that for a significant proportion of the population, particularly those with poor education/qualifications, having a family is seen as THE way to get a home, enough benefits to live a decent-ish sort of life, etc. These are the ones with no hope and who know they're never going to get a good job earning enough to pay for their own home, their own lifestyle, etc., The benefit culture allows them to live a life on benefits, backed by having children, often at a very young age, often with no father(s) on the scene financing them. You can't blame them really when they genuinely don't see any alternative way of getting an equivalent kind of lifestyle other than a life relying on benefits, whether not working at all, or working minimal hours in NMW jobs relying on in-work benefits.

taxguru · 30/10/2024 11:20

Houseplanter · 29/10/2024 22:49

I'm not sure many of us would disagree that young people have been shafted. I can certainly see that my children and their partners are having a tough time, and have little choice about mums working etc.

But I'm thoroughly sick of the assumption that we had it easy. We did not. We just had a different set of problems.

We DID work hard. We DID struggle. We just had a whole load of other shit to deal with.

I think part of the issue is that the older generations have had opportunities now denied to the younger ones, i.e. affordable homes, better adult education, more job opportunities, endowment mortgage windfalls, privatisation and demutualisation windfalls, house price inflation, etc etc.

Today's youngsters work just as hard and have different challenges, it's just different. But they don't have the same opportunities. Job opportunities are poor in lots of regions outside a few big cities. Adult education (for retraining etc) is virtually non existent. Homes are unaffordable. No "windfalls" on the horizon. And every likelihood that state pensions for all will be scrapped by the time they hit retirement age.

That's the difference really. It's not about working hard or "struggling". It's the lack of opportunities which older generations could have benefitted from.

UmbrellaEllaEllaElla · 30/10/2024 10:57

We need to stop infighting and think about what is best in the now and for the future.

UmbrellaEllaEllaElla · 30/10/2024 10:49

TerrysNeapolitan · 28/10/2024 21:08

Thanks sick of the "families" thing - have one if you can afford. Paid tax all my life never entitled to a damn thing. And never will be.

This is why people aren't having families which is also of great concern.

GoldCat255 · 30/10/2024 10:31

Spectre8 · 30/10/2024 06:10

You said your claim about young couples with children having it easier than childless singletons

Except the poster never said that. Her comment was that single people.with no children are treated like second class people. Never a priority not even seen as equal when it comes to most things in society but in particular the budget. We are just simply cash cows to be milked to pay for other peoples choices.

What on earth are you talking about? The PP said in his post:
"we struggle more than a couple with children do getting on the property ladder as we only have one wage".
So she did say that young couples have it easier.

GoldCat255 · 30/10/2024 10:28

XxSideshowAuntSallyx · 30/10/2024 06:03

But that's their choice, why should other people have to pay for someone else's children?

Excuse me, but that is like saying why should my taxes be used to road maintenance costs when I never live my town?
If no children are born, future pensions won't be paid. Your financial stability in old age depends on a younger generation prepared to cover the costs you’ll create for the system.
As a consequence, families with children need to be prioritised.

midgetastic · 30/10/2024 09:17

Triple lock - because we had ( and still have compared to equivalent countries) an awful lot of dreadfully poor pensioners

Free prescriptions- that's the English for you, welsh and Scottish people get them whatever their age

Bus passes- well you want older people out of their cars don't you? And they have slightly more time to make use of the bus (erm is this the right word) service

Sharptonguedwoman · 30/10/2024 08:36

Shadysadiebaby · 29/10/2024 09:46

That's patently not true though. Triple lock, free prescriptions, bus passes, WFA - none of these are about people being able to "fund their own retirement" they're literally benefits!
They were protected because they vote Tory. That's all.

I have never voted Tory in my long life. I find your remark insulting.

Pottedpalm · 30/10/2024 08:25

Shadysadiebaby · 30/10/2024 06:45

They DID say it though. Here:
"we single, childless people are the bottom of the pile and second class citizens but you know we struggle more than a couple with children do getting on the property ladder as we only have one wage."
And it's obviously ridiculous to suggest that 1 salary paying for 1 person is going to be harder to manage than 2 people's salary (1 of which is being taken by childcare costs potentially) paying for 4 people's living costs. It actually makes NO sense at all.

Well it does actually make sense; two incomes as opposed to one for the mortgage for a start. It is really not necessary to spend a fortune on equipping for and clothing small children with Ebay etc available, and young children don’t add a large amount to the food bill.
However, I think a major part of the problem is the expectation that it’s ok to produce children when you can’t afford to.

TigerRag · 30/10/2024 07:45

Shadysadiebaby · 30/10/2024 06:45

They DID say it though. Here:
"we single, childless people are the bottom of the pile and second class citizens but you know we struggle more than a couple with children do getting on the property ladder as we only have one wage."
And it's obviously ridiculous to suggest that 1 salary paying for 1 person is going to be harder to manage than 2 people's salary (1 of which is being taken by childcare costs potentially) paying for 4 people's living costs. It actually makes NO sense at all.

But 2 people working means 2 tax free allowances. You also get child benefit and help with childcare costs if your income is that low.

All single people get is a 25℅ council tax discount.

Boomer55 · 30/10/2024 07:27

All groups have some people struggling. Pitting one against another isn’t helpful. Theres nothing special about younger people, any more than there is about anyone else. 🤷‍♀️

RichTea90 · 30/10/2024 07:26

vivainsomnia · 30/10/2024 07:01

The biggest difference I've seen in the young people generation Vs their parents is that they are starting their adult life feeling deflated, whereas we were full of hopes and ready to embrace it. We focused on the positives whereas the new generations seems to be stuck with every possible negatives. This is so sad.

Ultimately, whether harder or not, life goes on, and to feel scared, deluded, pessimistic about what's to come is certainly not how it should be. They need to feel some confidence that life is not all gloom. However, with a generation governed by the media, which feeds on sensationalism, they are caught in a dreadful vicious circle. Media are the poison of their generation.

100%

And why wouldn’t we want to improve it for them?

It’s the classic old attitude of “back in my day, we didn’t have colour TV”

”Yes Dad, but times change and move on…”

Why would we want people to be stuck in hardship?!

Gummybear23 · 30/10/2024 07:06

This

vivainsomnia · 30/10/2024 07:01

The biggest difference I've seen in the young people generation Vs their parents is that they are starting their adult life feeling deflated, whereas we were full of hopes and ready to embrace it. We focused on the positives whereas the new generations seems to be stuck with every possible negatives. This is so sad.

Ultimately, whether harder or not, life goes on, and to feel scared, deluded, pessimistic about what's to come is certainly not how it should be. They need to feel some confidence that life is not all gloom. However, with a generation governed by the media, which feeds on sensationalism, they are caught in a dreadful vicious circle. Media are the poison of their generation.

Gummybear23 · 30/10/2024 06:52

Build more social housing.
Cap on private rent.

Shadysadiebaby · 30/10/2024 06:50

RichTea90 · 30/10/2024 06:42

This is so true. It really is depressing for young people today. No wonder they probably have low motivation. I read an article that a large percent of young people wish to move out of Britain. My generation has faced two recessions, Brexit, COVID19, Ukraine & Middle East war…

The thing that most people don’t realise or care to reflect on is that we need young people to support our economy, jobs, infrastructure, pensions even.

I think every generation has their hardships, but what’s the point in thinking about the past now, we really ought to think about what is going to benefit the present and the future. No point engaging in compare and despair.

The trouble is most people just think about what benefits themselves and not for the greater good of the society that we live in. As for the “why should I prop up people who chose to have children.” Well those children might be your carers one day!

Yes! 100%. So much self centred thinking on here.

Shadysadiebaby · 30/10/2024 06:48

IVFmumoftwo · 30/10/2024 06:11

Someone paid for your state education etc so why shouldn't you for the current generation?

Exactly. I bloody hate this attitude. Some people seem to think by paying for children's education they're somehow doing the PARENT'S a favour. As though they didnt get the same themselves.
And actually if they want to retire someday then they need other people to be having kids (especially if they had none themselves) to ensure future tax payers who can cover the costs.

Shadysadiebaby · 30/10/2024 06:45

Spectre8 · 30/10/2024 06:10

You said your claim about young couples with children having it easier than childless singletons

Except the poster never said that. Her comment was that single people.with no children are treated like second class people. Never a priority not even seen as equal when it comes to most things in society but in particular the budget. We are just simply cash cows to be milked to pay for other peoples choices.

They DID say it though. Here:
"we single, childless people are the bottom of the pile and second class citizens but you know we struggle more than a couple with children do getting on the property ladder as we only have one wage."
And it's obviously ridiculous to suggest that 1 salary paying for 1 person is going to be harder to manage than 2 people's salary (1 of which is being taken by childcare costs potentially) paying for 4 people's living costs. It actually makes NO sense at all.

RichTea90 · 30/10/2024 06:42

runningpram · 30/10/2024 06:11

Absolutely. It took me until my mid 30s to get on the housing ladder with no family help, my finances are still recovering from exorbitant childcare costs and years of paying student loans.

However I honestly believe I have had life so much easier than most people in their 20s today. I at least could move and rent a room in a shared house. I was not infantalised when I went to uni - I was an adult and 90pc on my own two feet - not relying on parents. I could do a degree I loved and spend the next few years working in a career I enjoyed for low pay, while living independently, which has helped set me up. I lived and worked in Europe.
I was able to eventually pay off my student loan and slowly buy a house.

Most ordinary kids in their 20s now can’t do any of this now and a lot of that is, in part, down to choices made by older generations of voters - Brexit, austerity, snapping up buy to lets, the mini budget.

Edited

This is so true. It really is depressing for young people today. No wonder they probably have low motivation. I read an article that a large percent of young people wish to move out of Britain. My generation has faced two recessions, Brexit, COVID19, Ukraine & Middle East war…

The thing that most people don’t realise or care to reflect on is that we need young people to support our economy, jobs, infrastructure, pensions even.

I think every generation has their hardships, but what’s the point in thinking about the past now, we really ought to think about what is going to benefit the present and the future. No point engaging in compare and despair.

The trouble is most people just think about what benefits themselves and not for the greater good of the society that we live in. As for the “why should I prop up people who chose to have children.” Well those children might be your carers one day!

runningpram · 30/10/2024 06:11

Houseplanter · 29/10/2024 22:49

I'm not sure many of us would disagree that young people have been shafted. I can certainly see that my children and their partners are having a tough time, and have little choice about mums working etc.

But I'm thoroughly sick of the assumption that we had it easy. We did not. We just had a different set of problems.

We DID work hard. We DID struggle. We just had a whole load of other shit to deal with.

Absolutely. It took me until my mid 30s to get on the housing ladder with no family help, my finances are still recovering from exorbitant childcare costs and years of paying student loans.

However I honestly believe I have had life so much easier than most people in their 20s today. I at least could move and rent a room in a shared house. I was not infantalised when I went to uni - I was an adult and 90pc on my own two feet - not relying on parents. I could do a degree I loved and spend the next few years working in a career I enjoyed for low pay, while living independently, which has helped set me up. I lived and worked in Europe.
I was able to eventually pay off my student loan and slowly buy a house.

Most ordinary kids in their 20s now can’t do any of this now and a lot of that is, in part, down to choices made by older generations of voters - Brexit, austerity, snapping up buy to lets, the mini budget.

IVFmumoftwo · 30/10/2024 06:11

XxSideshowAuntSallyx · 30/10/2024 06:03

But that's their choice, why should other people have to pay for someone else's children?

Someone paid for your state education etc so why shouldn't you for the current generation?

Spectre8 · 30/10/2024 06:10

GoldCat255 · 30/10/2024 00:49

Sorry about your condition, but your claim about young couples with children having it easier than childless singletons defies the most basic arithmetic calculations. More often than not, one of the wages will be dedicated entirely to pay for the nursery, and you still have to feed and dress the little one/s.

You said your claim about young couples with children having it easier than childless singletons

Except the poster never said that. Her comment was that single people.with no children are treated like second class people. Never a priority not even seen as equal when it comes to most things in society but in particular the budget. We are just simply cash cows to be milked to pay for other peoples choices.

XxSideshowAuntSallyx · 30/10/2024 06:03

GoldCat255 · 30/10/2024 00:49

Sorry about your condition, but your claim about young couples with children having it easier than childless singletons defies the most basic arithmetic calculations. More often than not, one of the wages will be dedicated entirely to pay for the nursery, and you still have to feed and dress the little one/s.

But that's their choice, why should other people have to pay for someone else's children?

ffsfindmeausername · 30/10/2024 01:30

wonderstuff · 28/10/2024 20:31

I think increasing the bus fare is a terrible idea. Potentially £10 a week extra cost to those who are likely to be among the poorest in society. Maybe more. It won’t get a lot of press attention, but it’s a 50% increase overnight.

yes I agree with this 100%, as a regular bus user on a very low income this is really worrying me. I cannot walk the journey I take as it is miles. 40+ pounds per month is a huge amount of my income that I cannot afford to lose. It may not be much money to the millionaires who make these stupid decisions but it is to me and thousands of others who will struggle as a result of this increase.

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