To be absolutely fucking amazed how much money people have?

(391 Posts)
HiggsBoson Fri 26-Apr-13 17:54:08

I thought we were in a recession.

I thought people were genuinely struggling.

DP and I certainly do as we are on low incomes, but we try to be grateful for what we have.

How is it then, that so many people can afford ipads, clothes from the likes of Joules and Boden, Mercedes and Audis, Hunter wellies for their kids ffs, expensive overseas holidays and huge 10/20/30K weddings?

Honestly I'm quite baffled. Everybody seems to have an ipad - they're £500!!

What's going on?

scarletforya Fri 26-Apr-13 17:57:02

I was just thinking this today walking around a shopping centre. The amount of brand new high end prams. Not one tatty one or even secondhand by the looks of it!

Piffpaffpoff Fri 26-Apr-13 17:58:47

My theory on this is that because mortgage rates are low, a lot of homeowners have more disposable income than they used to. I've certainly noticed a lot of new cars, fancy holidays etc round us.

GrowSomeCress Fri 26-Apr-13 17:59:25

YANBU! And the expensive nights out haha.

CloudsAndTrees Fri 26-Apr-13 17:59:30

The 16 iPads are less than £500, especially if you get a 2 now that the 3 has come out.

People are struggling, it's only the super wealthy that haven't noticed any difference in the cost of living. But that doesn't mean that no one can afford to go on holiday or spend any money any more, a well paid job is still a well paid job. It just doesn't go quite as far as it once did.

Ashoething Fri 26-Apr-13 17:59:36

Yep it amazes me too-especially as on paper it looks like my dh has a good job. But I know people with very menial jobs-cleaner,security guard etc who seem to be able to afford holidays abroad twice a year,new cars and all the latest gadgets.

We cant even afford a week in a caravan this year. Honestly I don't know how people do it!

lilystem Fri 26-Apr-13 18:00:45

I'm amazed at how many people have a brand spanning new £800 pram!! Everyone is different though.

pizzaqueen Fri 26-Apr-13 18:00:45

There are lots of potential reasons why people can afford these things:
- higher incomes
- lower outgoings
- debt and credit cards
- given as gifts
- different spending priorities (e.g. Living on beans and toast to afford designer clothes)
- savings

For example, my DP and I don't earn a huge amount, and some people might wonder how we can afford, holidays, 2 cars, iPad, gym membership etc. But we took our mortgage over 40 years to keep the monthly payments down so we have (a little bit) spare cash for luxuries. We also save really hard month to month to buy a couple of 'treats' in the year, and are really tight with our food shop.

Not that it's any of your business how other people manage their finances.

HiggsBoson Fri 26-Apr-13 18:01:45

I think I just expected to see more evidence or people reining it in confused

WorriedMummy73 Fri 26-Apr-13 18:02:02

We had three days on the Isle of Wight last summer and that was our first family holiday since DD was 18 months - she is now 11. No iPads or owt like it in this house!

VerySmallSqueak Fri 26-Apr-13 18:02:29

I am similarly puzzled.

Are people maxing out their credit cards for it though?

HiggsBoson Fri 26-Apr-13 18:02:49

It doesn't matter a fuck whether it's any of my business or not. You could say that about 95% of the threads started on this forum.

NeoMaxiZoomDweebie Fri 26-Apr-13 18:02:51

I have no idea. I think it's a good week if I can pop to the charity shop for a "new" top!

NadiaWadia Fri 26-Apr-13 18:02:56

I bet a lot of them are putting it all on credit cards.

Some people are reining it in. And because they are, you don't notice them. The ones that you notice with all the expensive baubles - I'd suspect a lot of them are building up debt on their credit cards.

Cakecrumbsinmybra Fri 26-Apr-13 18:05:13

Are you really that baffled that people have varying incomes? That people have different sized mortgages? Different priorities? Or that some people do continue to spend beyond their means?

I sort of understand your point, but some people have money. Fact.

Tee2072 Fri 26-Apr-13 18:05:46

Different people spend money differently. We never go on holiday as we'd rather have gadgets.*

*Before someone notes that I have posted on the holiday thread, my mom is paying for our trip to California in July.

HiggsBoson Fri 26-Apr-13 18:06:07

Yes Cake - what I'm saying is that I expected to see less spending, less luxuries etc., but if anything I'm seeing more!

VinegarDrinker Fri 26-Apr-13 18:07:05

You don't notice the people reigning it in, though, do you?

I don't suppose you'd walk past me in the street and think "oh look she's wearing an ancient tatty New Look jacket and oooh that buggy looks a bit cheap, oh and she doesn't have an iPad"

HiggsBoson Fri 26-Apr-13 18:07:15

Yes, but surely the struggling family in 2013 cannot afford a holiday OR gadgets confused

The whole sacrifice one thing for another gets my hackles raised a tadge.

Phineyj Fri 26-Apr-13 18:07:20

Debt. A lot of them are probably only one redundancy away from problems... maybe congratulate yourself on your frugality!

HiggsBoson Fri 26-Apr-13 18:07:33

True Vinegar

LauraPashley Fri 26-Apr-13 18:07:42

We pay our iPad monthly with our phones!
But I know where you are coming from and am always a bit shock when I see friends' food cupboards full of brands!! We are not struggling but need to keep to a tight budget and a branded food shop now I think would double our bill, which isn't a possibility!

pizzaqueen Fri 26-Apr-13 18:07:55

I think it's easier now that ever to get a good bargain too. Our tv was reduced from £650 to £300 and we doubled up tesco points to afford new furniture. DP got his tablet and playstation free when he took out at phone contract (£22 per month).

So to an outsider we probably look better off than we are. If we want something new we scout around for good offers.

CloudsAndTrees Fri 26-Apr-13 18:09:32

People reign it in in ways that aren't noticeable. I budget better with the weekly shop nowadays, and make more effort to go to cheaper places for cosmetics, shampoo, cleaning products and the like. I don't buy new clothes for us all as often as I used to. I give less to charity. We are going on holiday, but it is a much cheaper one than we had last year and the year before. My car guzzles more petrol, so we use DHs car more now instead of not even thinking about it. Spend less on birthdays and Christmas than we used to.

There are lots of ways to cut your living expenses that no one would notice.

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