To think it’s crazy that National Minimum wage is £27k

whilst the unions needed to be brought to task - they were indeed crushed and now we are int he situation of them being crushed with low wages and many more millionaires and billionaires

far better to have found a middle ground so working people weren't living 40 years later in a hand to mouth crisis of low wages not able to survive without working benefits

Inheritance, that’s where the money comes from. Wealthy family often means no uni debt, leg up onto the housing ladder (a farmer near us just build an extra house for their daughter.). Then the money that’s left, through trusts and various way to protect it from taxes. That injection starts the ball rolling of each generation getting wealthier. We however, will inherit nothing, poor parents overseas and poor parents here. Youngest in last year of uni so hopefully we’ll see some daylight next year!

people make a living from lip fillers, coffee shops, and car washes, they aren't unemployed

Just 14 years ago, a 2 bed on my area was £600
Now it's nearly £1200
Now a bedroom in shared accommodation is £600 a month
That's ridiculous

Oh stop! You must think people are idiots.

That is where the problem lies

and it’s banks and landlords getting rich at out expense

whilst the narrative is that rich pensioners are hoarding the money / deflection of reality

it’s rich people of every generation that’s the real problem

ans have you ever considered what the biggest cost is for the nursery ? The mortgage or rent - not the staff wages. But the real value is in the staff not the building

I did inherit. £800 after the funeral costs.

ive jus put in for renting on right move

maximum was £1000, there is one page and they range from £500 - £800 a month for house shares. There is a one bed terrace place for £1000 nothing else

Then its £1150 for a one bed place and £1150 + for 2 bed

that will only get worse as rental houses in the priavte sector get harder to find, the price will escalate. Landlords will be advertising well over the asking price - as tenants can't offer more to secure the place, so instead landlords will advertise at £300/400 more than market value and then see what a tenant will offer them over market value. So house is worth £1350 a month - landlord advertising at £1650 and tenant offers £1450 - landlord accepts but hasn't broken any laws

No housing costs, using savings probably for the new cars?

What is untrue? That poster is right. There are comparatively fewer pensioners in poverty than working age people and children.

@HardFuckingBird I agree with you but it's soooo hard not having the lifestyle that you feel everyone has! As a kid my family didn't own a car until I was 10 years old! No holiday apart from visiting grandparents in Wales until I was about 8 years old and after that it was UK holidays. Meals out or takeaways were for birthdays. But I dream of being a 2 car family so I can get around more easily with the kids and have better job prospects as my partner takes the car to work everyday so it's walking or bus for me! and i see friends on Instagram out for meals and drinks. ...my partner and I do a cheap pub meal on our anniversary and a nice meal for Xmas period. We have 2 young kids. Since becoming a mum I've really had to start learning to budget and it's hard! We earn just under 4 grand a month and doesn't feel enough for bills, rent, food, nursery. I feel like im scraping by with buying all the kids clothes second hand off vinted etc but when I look back that was normal life. ..and I didn't see my family as poor at all, we had a nice house that my mum managed to buy with her savings. Im still paying off my credit card from mat leave (which i did not budget for!). I dont think people are payed enough considering the cost of living but I do also wish that budgeting was taught in schools. Im only now learning to stop trying to chase other people's lifestyles. Sorry im rambling but I think of money and lifestyle every day at the moment. When kids are a little older I plan on going back to work full time as I have a better paid career while partner is on minimum wage....it's just about working out for now.

Agree. Growing up our dinners were jacket potato, cheese, salad. Scrambled eggs. Fish once a week. Soup and bread for lunch. Never had a take away and I only remember going out for dinner to a restaurant for a very special occasion. We rarely had family holidays but we did have the odd day out to a national trust property or the beach. I would never ever have considered myself deprived in any way, I felt very well looked after and comfortable. I find expectations of a ‘normal’ lifestyle exhausting. I fantasise about living really simply, but no chance with my family and where we currently live.

What are the chances that a self-employed person earns the exact amount you can earn before being taxed? Wink wink.

DP earns 29k in managerial role but in care sector full time.
I’m a carer to one of our children. We get UC & child benefit and I get approx 330 monthly for carers allowance. Our son’s DLA goes on things he needs, an abundance of bedding and towels, certain branded foods, we use that money to try new things that might help him or keep him safe. So specialist equipment.
With DPs wages and the UC we get less than what I would working full time on NMW but we are frugal.
All clothes and coats are second hand. We unfortunately have to replace lots of things such as beds and sofas due to DC. (He rocks or flings himself on things) the only things I buy from new is technology that would require a warranty.
My son damages our property (thankfully we don’t rent we have a mortgage) with his outbursts or behaviour so we’ve had him flood bathrooms repeatedly or put giant holes in the walls (we have one hole that looks like a cartoon character tried to run through it, like loony tunes) so when I do have some spare money and time I’m considering learning to plaster, but not for a long time yet.

We don’t have much but we’re happy and we have 3 meals a day and a family who adore one another.
I donate all our clothes that are still in good condition (when I buy from vinted it’s usually m&s or next as they wash terrific) and all the uniforms go to clothing banks.
DP donates food to food banks once a month and I have a DS who collects sanitary products and donates them. He’s very fucked off about period poverty.
I used to cook meals for the homeless with my sons school but I’m time poor currently, I do visit my old place of work and sit with the elderly residents that don’t have visitors at least once a month and take in some shower gels for the residents who don’t have families, often its staff on who’ll be toiletries for residents.
I appreciate that a lot of my income that leads my family to live without imminent fear of my kids being hungry or having no roof over their heads is made up of benefits and the stress of a disabled DC is enough without worrying about being able to keep a job when you’re not able to work, I am grateful. I do what I can to relieve the pressure for others. DP uses club card points and buys half price toys this time of year for toy appeals, I’m collecting Christmas jumpers and PJs for my DCs schools (I collect all year round) so if the school notices kids without Xmas jumpers or their parents are struggling, the school can email and offer them.
We do what we can to help others. We are very lucky.
We used to be able to afford holidays in the UK during the 6 weeks but our mortgage payments went up a couple of years ago so now we take them term time, it’s better for our DC anyway because it’s quieter.

But NMW has more than doubled in the same time period so that matches up.

The idiots are the people who don't get the joke!

As BigFrau says above...

all those posts ago, 🙄
Intrepidpanda was making a joke!!!
🙄😂

Everyone is at their poorest when you have dependent children. Children are expensive. It's always been the case ever since child labour was abolished.
The person you are replying to stated that percentage of working adults and pensioners in poverty is the same.

For most people, the day you retire is the richest you ever are, unless you get a big inheritance. Because usually even the poorest have saved something for retirement. My father had £12000 when he retired, and £800 when he died. He had never had such big savings before.

Most people live for about 15 years after retirement

Working age people without children are more likely to be in poverty than a pensioner is. We're not talking about the richest people, we are talking about the poorest ones. Working people should not be poorer than people that don't work.

You can’t say that on here!

That is simply not true. The proportion of working age people without children who are in poverty is the same as the proportion of pensioners in poverty.
Of course overall wealth will be higher amongst pensioners as many have paid off their mortgages. And if you include pension pots that give say an annual pension of £5k a year, they appear wealthy, when their annual income is £17k.

It's also horrible as well. Bet he can't wait to move.

Working age people with children experience higher rates of poverty

not those without children

its scary how the myth has taken hold

It's the highest tax-free allowance in Europe. It was £6,475 in 2010 which would be worth £10,384 now so it is still higher in real terms than it was.

Whilst that is of course true, that wasn't the point.

That money would have been spent on something else that also employed people if it wasn't spent on what many people would consider frivolities.