Watching a new item, never fails to amaze me especially over the Xmas, new year hols the number of people that can ill afford presents, parties spend on the credit cards, pay day outfits, etc, etc.
The vast majority of the time, these losers are in the lower social group and generally say, " my Jonny isn't going with ... as it's Chrizmas.."
Then you get the lot buying sofas, "buy now, pay later,2 and the "later" soon catches up.
In my judgement schools must educate the weak minded that one should try to run before they can walk and like most hard working, educated people, save up before you buy unless it's a property or business and in that case, most people will need a mortgage for their first property at least
My cars, dad's cars all bought for cash - my first car, bought for cash. I too wanted a new mercedes clk and loan, but my parents gave me a good tongue lashing and not looked back since
Ask yourself this, why buy a tv costs 800 quid and repay 2500??
I rest my case
https://www.ifs.org.uk/publications/3158
The vast majority of the time, these losers are in the lower social group and generally say, " my Jonny isn't going with ... as it's Chrizmas.."
Then you get the lot buying sofas, "buy now, pay later,2 and the "later" soon catches up.
In my judgement schools must educate the weak minded that one should try to run before they can walk and like most hard working, educated people, save up before you buy unless it's a property or business and in that case, most people will need a mortgage for their first property at least
My cars, dad's cars all bought for cash - my first car, bought for cash. I too wanted a new mercedes clk and loan, but my parents gave me a good tongue lashing and not looked back since
Ask yourself this, why buy a tv costs 800 quid and repay 2500??
I rest my case
https://www.ifs.org.uk/publications/3158





