You're an accountant marc? Fuck off.
Even if you arent unemployed and have a low paid job, its still sometimes difficult to organise your finances to make sure you dont go overdrawn
Find cheaper accomodation or reduce they out-goings. For example dont was money on drink/smoking ec etc..Bully for you! What about people who dont have the luxury of being able to put enough away to live off, should they lose their job?
There are cheaper ones available, and you can get them adjusted to suite your circumstances. I.e. lower cost, less cover etc etc.Ahh yes, these insurance policies. Aye, £30 a month (which is what a few people i know got) is really going to make a difference isnt it! Im talking about people working on the bread line here.
Why do they stuggle? because they live beyond their means.Neither are the people who go into their overdraft and end up paying £100's in charges. Again, im talking about the people in the bread line, who struggle to make ends meet. These are the people who the banks are ripping off.
I stand corrected,Im sorry, but in my 10 years as a chartered accountant, ive never heard of anyone reclaiming tax back because they are on a lower wage. If they earn less than the personal threshold for tax, they just dont pay tax.
Are you seriously incinuating that you cant predict what you are roughly going to spend and budget accordingly? You got to be pretty dim not too be able to tell roughly how much you spend per year As for self employed, again Insurance to cover for dry periodsIm not just talking about the prices of renting etc. Its getting dearer and dearer to live. Most low paid jobs, the payrises reflect the inflation rate, which is BS, meaning people struggle year on year. There are a lot of fixed costs, you have to meet each month, but there are also a hell of a lot of variable costs too, meaning sometimes, its difficult to budget month on month. What about self employed people? Who cannot guarantee their income each year, but still have to meet the same costs. I suppose its their own fault for being self employed eh?
but it shouldnt be upto the bank to just give money left and right to help people.
Well why dont they just stop the payment, so the person doesnt go overdrawn?
you can choose to have that afaik by aking your overdraft limit 0 or something
Tell you what Chronic, lets just agree to disagree ok? Ive dealt with that many people, who have come to me, asking me to help them sort out their finances and its not always that easy as you think. Im not going to convince you otherwise, so lets not argue ok?
Find cheaper accomodation or reduce they out-goings. For example dont was money on drink/smoking ec etc..
I suggest you go back and read the whole conversation over rather than throwing empty insults like a moron because i cba to re-itterate all of itYou really are so clueless you really beleive this stuff don`t you? Wow the ignorance of some people, still even after 30 years of life astounds me. Not everyone has a disposable income nor are a huge percentage of people going to be eligable for any payout on such insurance regardless of whether you pay into it or not. You need to wake up and realise not everyone is earning plenty of money and just pissing it away cos they cant be bothered to save ^^
I suggest you go back and read the whole conversation over rather than throwing empty insults like a moron because i cba to re-itterate all of it
Edit:
I didnt at any point say i was talking about people who are "wasting" money, however it is a fact that living with more outgoing than income is not sustainable so certain concessions need to be made to keep in the black.
Single mums living on welfare can survive and stay in the black then i cant see any reason why someone earning (which is inevitably what a single mother gets due to minimum wage, unless Marc or other financy people know otherwise) cant do it as well
I'm pointing out how clueless you are with your "people with no money are obviously stupid losers who can`t manage their money" arguements.
As for the single mum comment, i cant really comment on a consensus as i havent bothered to find out in particularly, but i am basing it on a friend who happens to be a single mum (through a bad divorce) and her quality of living almost certainly doesnt reflect £17300 p yr. Which is what i based my opinion on