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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

To be wondering where people will get the money for everything?

8 replies

WatchoRulo · 19/07/2022 12:49

I am well paid but after we finish our one cheap UK holiday this year, we'll be going full-on economy mode to make sure we can afford the forthcoming price rises in energy and food.
We have the luxury of being able to cut back - TV subs, meals out (rare anyway) takeaways, going anywhere for leisure, etc.
Even then, and having watched Martin Lewis' latest video on twitter, I have some serious concerns - not just for us but for the million who are worse off.
I haven't seen anything from any politicians that even acknowledges they recognise how serious it is, let alone offer any worthwhile answers.
AIBU to think some really serious stuff is going to need to change pretty soon?

OP posts:
WatchoRulo · 19/07/2022 12:50

That should read millions who are worse off, not million.

OP posts:
onthefencesitter · 19/07/2022 12:58

@WatchoRulo I have wondered about this too, OP, but my MIL who is on less than 18k per year isn't worried and is still managing to buy everything she needs. She is pescatarian and shops at Aldi, and now has free transport (60 year old londoner). She says she used to feed 4 children on a similar income and always managed, so now its just her and an adult DD at home so its fine. She still has a small mortgage- £300 plus council tax, but I think most people probably earn more than her and have more disposable income than her even after you deduct childcare and mortgage payments... I don't doubt people with large mortgages and childcare willl suffer the most but at the same time, they are a relatively small percentage of the population. We are an ageing population after all. The older people with zero mortgage and good defined benefit pensions may fare ok.

BadPhotographer · 19/07/2022 13:04

I saved a lot of money during lockdown as I wasn't going away. I'm using that money now to go away some weekends.

SEJ1789 · 19/07/2022 13:08

I definitely think there will be stuff we will be stuff we cut back on both have ok salaries around national average. To be honest the biggest one I have noticed is with fuel going up, food shops have been the cheapest we have done in ages over the last few weeks so not sure what’s going on (not cutting back well at least consciously) and utilities are still affordable about £60-70 a month currently. I have started to really dislike Martin Lewis I feel he is fanning the flames so to speak, he gets paid to be giving out this advice and needs to be in the media to get his income. Realistically if another multi millionaire started telling you how to cut back on bills I imagine you would think who is this telling me what to do well that’s what I think about him.

anniegun · 19/07/2022 13:13

The ONS have just published data showing inflation adjusted incomes are falling at their fastest ever rate. The fuel costs predicted for the autumn are rocketing upwards. Interest rate rises will push up mortgage costs for many. But Boris got to fly in a jet and Carrie got her party at Chequers so its good for some

JustMaggie · 19/07/2022 13:36

Once September comes and the energy price cap goes up again, food and fuel still astronomical, interest rates go up, inflation going up, covid still around, NHS on its knees, no ambulances or emergency care... there will be a winter of discontent. People can only take so much. Even the stoic, stiff upper lip British have their limit.

Ponoka7 · 19/07/2022 13:44

They won't find the money for everything. Child poverty will rise. People will suffer worse health. Small businesses will go under. Taxi drivers, hairdressers, even the two older men who cut people's grass etc where I live are feeling the knock on effect. Our high streets are taking a hit that they'll never recover from. Hospitality, one of our biggest employers, will take a hit. We'll see people die over winter because of the lack of investment in services and because of poverty, like we haven't seen this side of WW2.

Allicando · 19/07/2022 14:40

JustMaggie · 19/07/2022 13:36

Once September comes and the energy price cap goes up again, food and fuel still astronomical, interest rates go up, inflation going up, covid still around, NHS on its knees, no ambulances or emergency care... there will be a winter of discontent. People can only take so much. Even the stoic, stiff upper lip British have their limit.

Something to look forward to.

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