To be shocked when adults have absolutely no savings at all?

[ThisJollyReader]

I’m going to be honest, I find it quite hard to understand when adults have no savings at all. Not even £100 put away. I’m not talking about people going through a temporary rough patch but just having nothing set aside whatsoever. Personally, I try to keep around £10k as a buffer (I know everyone’s situation is different), but even putting that aside, I would still feel uncomfortable having nothing at all.

AIBU to feel like having at least something put away is important or am I being too harsh?

I miss the laugh emoji. People are living from pay cheque to pay cheque. Some people I work with stress when it’s a 5 week month, etc. Look at the hardship when people didn’t get their child benefit that time. The wait for UC to start.

No I mean the billions we pay in top ups to low income families as I said.

👏 Bravo! Well done you

Why do these goady posts always sound like they're written by the same person? The replies are always full of the same kind of phrases

I was more referring to ................
I'm just talking more generally about.........
I was more thinking about.....................
I was more referring to people who...........rather than..........
I’m not claiming ........

I would ignore Dragonflytamer.
They have been posting goady, privileged posts all day.

MN trying to up their interactions?

Not just today. For weeks.

I was thinking they must have had a rubbish Easter but its obviously just a lonely life.

I earned after tax, national insurance and pension around £1500 this month. This is our secondary income though as DH also works full time. I have a work colleague though for whom this is their only income. He still lives with his parents but if he was living on his own rent for a council flat £450, gas and electricity £120, contents insurance £20 and roughly £15 for a tv licence, council tax £130, food £200-£300. He also runs a car so you can see how the money soon disappears. Private rent would not be an option as private rent here for a one bed flat if your lucky would be £900 but after a quick search now the most expensive 1 bed for rent now is £1250 in the city I live in. Hopefully OP you can see how quickly money gets eaten up if your only option is a minimum wage job.

Depends on a lot of factors but yes it shocks me when it’s someone who buys non essential items but doesn’t have a couple of months salary as a buffer. Obviously some people manage on a very low income and that’s not what shocks me. More
having enough for non essentials but not having a buffer.

What do you class as non essential?

I remember a woman at night school telling me she put 100 pound a month away towards replacing her car. I remember thinking I could not afford that. I had just bought a very modest house by myself. I had been teaching 4 years. I can also not being able to attend the 6th form of choice because the bus fare would be too expensive. People often can't save.

Just 10k? That's shocking!

On a serious note, be grateful you don't know what it feels like to not have something to fall back on and be judged for it too.

Was going to say, ol’ problem with school holidays…

I think we can all agree that savings are a luxury in this economy.

Some people have no savings because they're really bad with money. Some people have no savings because they have no choice, and are only just scraping by.

Neither of these groups of people are your business.

I have considered comments that you'e made on your posts @ThisJollyReader

The best that I can come up with, and I am normally extremely polite and considerate on this site, is

'Get your face out of your fucking arse'

I hope that this helps.

Extravagant fripperies such as food, no doubt. 🙄

Imagine being this obtuse. How do people live in the real world outside of the sunlit uplands?

Holiday homes?

How would someone have a holiday home if they’d never saved?

I've been in the situation where l was on benefits after major surgery.
The savings l had were used up topping up the benefits until l could go back to work.
At one stage l hadn't even enough money to buy a loaf of bread.
Thank goodness l had kind friends who helped me out, and the wonderful lady from our foodbank where l used to volunteer was amazingly supportive.
So yes, you are being harsh.
You're also very lucky to never have been in that situation.

Wow, you are living in a bubble. Most people live wage to wage, everything is so expensive and wages are shit.

I am.on Universal Credit. I can't have more than £6000 without being penalized.

Sorry - think you've perhaps lost the point?