Cost of living squeeze in 2022, 23 & 24 (Vol. 2)
Discussion
With regard to nurseries, if you have 2 or more children, we found it significantly cheaper, not to mention more convenient, to employ a nanny full time. That includes employers NI, pension etc etc. Even managed to poach our favoured nursery nurse to come and work for us. Food for thought.
Gecko1978 said:
3 groups in society.
1) the very rich - pay no tax take nothing from society
2) the middle - pay large tax get no direct benefits but do get wider benefits
3) the poor - pay no tax get direct benefits from the state.
The key in government is maintaining the status quo of each group.
Your “Three groups” are about as far removed from the reality of the population as you could possibly be. 1) the very rich - pay no tax take nothing from society
2) the middle - pay large tax get no direct benefits but do get wider benefits
3) the poor - pay no tax get direct benefits from the state.
The key in government is maintaining the status quo of each group.
Heathwood said:
With regard to nurseries, if you have 2 or more children, we found it significantly cheaper, not to mention more convenient, to employ a nanny full time. That includes employers NI, pension etc etc. Even managed to poach our favoured nursery nurse to come and work for us. Food for thought.
I don't have kids so I'm oblivious to the costs involved but that sounds insane assuming a normal nursery and how common 2 kids is 
HustleRussell said:
Inflation is slowing, internet rates have stabilised, and people are getting pay rises… everyone’s going to be worse off than they were in 2021 for some years, but the worst of the damage will have been done in 2022.
We’ll see but I am doubtful Currently crude prices, I believe, are pricing in over supply and potential recessions. Plus pump prices are only approaching where they were 18 months ago.
Either those prices will stay where they are because we enter a recession, or we will scrape by but we will be at the mercy of global trends for the one thing that seems to be coming down. A retraction in supply and petrol prices will climb.
skwdenyer said:
FT said:
Incomes of the poor, those at the 10th percentile, are lower in the UK than in Slovenia.
The post-GFC performance has been woeful.That said, universal credit rates in the uk are shockingly low for those who don't have kids or extra entitlements and / or don't play the system.
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hstewie said:
hstewie said:Heathwood said:
With regard to nurseries, if you have 2 or more children, we found it significantly cheaper, not to mention more convenient, to employ a nanny full time. That includes employers NI, pension etc etc. Even managed to poach our favoured nursery nurse to come and work for us. Food for thought.
I don't have kids so I'm oblivious to the costs involved but that sounds insane assuming a normal nursery and how common 2 kids is Heathwood said:
bhstewie said:
hstewie said:Heathwood said:
With regard to nurseries, if you have 2 or more children, we found it significantly cheaper, not to mention more convenient, to employ a nanny full time. That includes employers NI, pension etc etc. Even managed to poach our favoured nursery nurse to come and work for us. Food for thought.
I don't have kids so I'm oblivious to the costs involved but that sounds insane assuming a normal nursery and how common 2 kids is okgo said:
I doubt you’d be doing it at all on a HHI of £100k. It isn’t possible. Factor in rent or mortgage and the entire salary is basically gone.
Doubt also... We're Midlands and have about that as a household income. 1 child. Nursery 3 days a week is £812.50 a month.So 5 days is around £1300 I think. I don't know how people would do 2 kids at this cost but they seem to be able to. That is £2600. Plus mortgage etc. We have a small mortgage but many we know are pushing well over 1000 there as well. That's already well into the second person's salary.
Otispunkmeyer said:
Doubt also... We're Midlands and have about that as a household income. 1 child. Nursery 3 days a week is £812.50 a month.
So 5 days is around £1300 I think. I don't know how people would do 2 kids at this cost but they seem to be able to. That is £2600. Plus mortgage etc. We have a small mortgage but many we know are pushing well over 1000 there as well. That's already well into the second person's salary.
It generally isn’t double. unless the children are very close in age, you start getting some ‘free’ 15/30 hours from the government for the older one and many places offer a sibling discount. So 5 days is around £1300 I think. I don't know how people would do 2 kids at this cost but they seem to be able to. That is £2600. Plus mortgage etc. We have a small mortgage but many we know are pushing well over 1000 there as well. That's already well into the second person's salary.
It’s a huge cost though and nanny/childminder can be cheaper, although not as varied and social for the children. I know quite a few people who have grandparents helping out as well.
monthou said:
skwdenyer said:
FT said:
Incomes of the poor, those at the 10th percentile, are lower in the UK than in Slovenia.
The post-GFC performance has been woeful.That said, universal credit rates in the uk are shockingly low for those who don't have kids or extra entitlements and / or don't play the system.
Heathwood said:
bhstewie said:
hstewie said:Heathwood said:
With regard to nurseries, if you have 2 or more children, we found it significantly cheaper, not to mention more convenient, to employ a nanny full time. That includes employers NI, pension etc etc. Even managed to poach our favoured nursery nurse to come and work for us. Food for thought.
I don't have kids so I'm oblivious to the costs involved but that sounds insane assuming a normal nursery and how common 2 kids is princeperch said:
The previous nursery we used to use (who were good but charged like a wounded bull) only put their fees up ten pc this year. As did pretty much everyone else. I'd have paid that without much grumbling.
20pc is opportunistic and a complete piss take.
You seem like a decent sort Perch, but I'm pretty sure from the concrete thread we know your line of work and it seems a bit rich to accuse a nursey of charging like a wounded bull! I suspect you charge out your time at a similar rate per hour to what your nursery charges for a full day!?20pc is opportunistic and a complete piss take.
Jambo85 said:
You seem like a decent sort Perch, but I'm pretty sure from the concrete thread we know your line of work and it seems a bit rich to accuse a nursey of charging like a wounded bull! I suspect you charge out your time at a similar rate per hour to what your nursery charges for a full day!?
I work as an in house lawyer and I am not, compared to many of my brethren, particularly well paid at about 60k a year. But I have a very decent pension/Flexi time and am pretty much left alone. Do it suits me in the main. My wife is a teacher that works part time and she earns about 35k. Don't get me wrong, we ain't on the breadline and I'll find the extra cash every month for the nursery but I still maintain that jacking the fees up 20pc in one year, absent any real explanation other than 'inflation' is a massive, massive piss take.
(I haven't had a meaningful payrise in about 3 years by the way - that isn't the nurseries problem I agree, but if I didn't have as much slack in my finances as I do then I'd be in a bit of a pickle over the next few months/years).
Catastrophic Poo said:
johnboy1975 said:
Doesnt inflation of 5% this year coupled with inflation of 10% last year mean we will be poorer than ever?
No. Saleen836 said:
monthou said:
skwdenyer said:
FT said:
Incomes of the poor, those at the 10th percentile, are lower in the UK than in Slovenia.
The post-GFC performance has been woeful.That said, universal credit rates in the uk are shockingly low for those who don't have kids or extra entitlements and / or don't play the system.
skwdenyer said:
Saleen836 said:
monthou said:
skwdenyer said:
FT said:
Incomes of the poor, those at the 10th percentile, are lower in the UK than in Slovenia.
The post-GFC performance has been woeful.That said, universal credit rates in the uk are shockingly low for those who don't have kids or extra entitlements and / or don't play the system.
People deciding more of the time what to do with more of their own money is a good thing.
Politicians are absolutely useless, were you afraid of looking out of the window over the last 30 years?
Handing over more of other people's money only encourages them.
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