ChatterBank1 min ago
Jeremy Hunt Reckons His Salary Is Not Enough
Jeremy Hunt was forced to defend comments he made about his salary of £100K when saying it is not a huge salary!!!!!
Who's he kidding!!! He is trying to make out it is not enough when paying for a mortgage and child care costs! Ahhhh poor man!
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As Mr Micawber said ...
Annual income twenty pounds, annual expenditure nineteen nineteen and six, result happiness.
Annual income twenty pounds, annual expenditure twenty pounds nought and six, result misery.
£100K is a lot of money to a lot of people, but it's not enough for the miserable people who can't live on that pittance ...
//It is a huge salary to those only being paid ⅓ that as the national average.//
But people paid that are not (generally) doing an average job.
Anyway seems train drivers will be on 100K soon.
My kids/husbands earn far more than 100K. They worked hard at school, went without and are now reaping the rewards.
Regardless of anyones income whatever that may be,many people have struggled especially over the past 3 years.
But many people never really sit down now and bother to work out incomings and outgoings, big mistake, because by the time you realise your in debt its to late to reverse it with any real impact, do then you really have to tighten the belt, had one kept a close eye on things it may have never got to a point of tightening the belt.
The more some people earn the more they may spend and tend to cast a blind eye, the latter is not a great idea no matter how high your earning are. Always keep some by for a rainy day they used to say because you never know when that storm will hit.
Also, the gradual loss of your personal allowance over £100k is now 14 years old. Just on inflation alone, that £100k PA in 2010 is now worth £148k, so due to the fiscal drag the number of people who are now affected who would otherwise not be (had the £100k been increased over the last 14 years) must be many many thousands.
This is a punitive stealth tax.
Having read the link now it appears that people may struggle on 100k if they have a 600k plus home they are paying for, well I'm sorry but if i were earning 100k i wouldn't dream of buying a house in that price range, there is no wriggle room if your income drops or you find yourself having to take a lower paid job. Buy a home that you can still keep should you income drop. Rainy day sorted.
Well i doubt you would find a house in London, but many manage to find homes on the outskirts of London that are cheaper. 30 miles outside of London is were may live that work in central London. Failing that then its obvious that you cant afford to work in London or live, i supose that leaves on option, that option many have taken. Its really all about not living beyond your means.
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