@dontdisturbmenow
72% of kids in poverty are from working families.Time for better pay
But how many of these are PT? Many parents opt for a lifestyle of working as few hours as needed to spend more time with their children so they can see them growing up, then cry that they are too poor to feed them.
I totally agree that rental are too high. Sadly, when the government keep taxing LL more and more, this what happens. I am a 40% tax payer, so 40% of rent gors straight back to the pot. Add mortgage, insurance, agency fees, and the saving to ensure repairs, redecoration, potential court fees and void times, I'm actually making a loss on it. The only benefit is hoping that the equity will go up.
Taxing on capital will put the majority of landlords who only own one property in that same position, unless they are lower earners or retired.
If people can afford to work part time that’s fine, but it isn’t a god given right.
Before we had kids we worked out our monthly income, factored in nursery costs etc and worked out what hours I could afford to cut back. We made many sacrifices in order to allow this.
At one point (with 2 dc in nursery) our nursery bill was higher than our mortgage and my part time wage only just covered the nursery bill (until dd1 qualified for the few free hours). Basically I was working to keep my job open.
We shopped very cheaply, didn’t buy luxuries, holidayed for 1 week in uk in May when cheap, had rubbish old tv etc.
Now dc’s are in school we are in a more comfortable position, but I am always careful to only buy things I know we can afford to pay off if needed.
I am all for people who become unwell or suffer bereavement, or lose their job getting support in the short term to help them get back on their feet, but I don’t support being on long term benefits as a lifestyle choice. (Eg not those who are disabled or on top up benefits).