I'm skint - Oh no your not.

I'm skint - Oh no your not.

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Pints

18,444 posts

193 months

Wednesday 18th March 2015
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omgus said:
I'm skint, always skint, i'm also going car shopping for a S2000 tomorrow and again next week for a shed of some kind.

Being skint means i'm not able to spend £50 on a pointless tuesday night out. It doesn't mean i have no money to spend.

Being poor is having no money and i know what that was like which is why i'm skint now. I spend my cash on things i want, un-necessary purchases are not in the plan.
yes

Cotty

39,389 posts

283 months

Wednesday 18th March 2015
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Roo said:
How can he be skint?
Because he has spent all his money.

Eric Mc

121,779 posts

264 months

Wednesday 18th March 2015
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I'm illiterate.

Oh no your not.

Sheepshanks

32,529 posts

118 months

Wednesday 18th March 2015
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PAULJ5555 said:
el stovey said:
Isn't he just saying he's skint because he has spent his money on all the stuff you mention?
I'm not sure, I think he has debts, business Loan, credit cards. So why keep adding to them. I bet they could pay off an extra 5-10k If they just had one year with no holidays/horses and rest.
I think a lot of people do live life on the edge, and sometimes over it, financially. We have guys who make a point of being in the office on the 1st of each month to submit their expenses claim and they're begging for immediate payment, as they're using the money to pay their credit card bill from last month (that's last month's bill, not last months spending).

superlightr

12,842 posts

262 months

Wednesday 18th March 2015
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Sheepshanks said:
I think a lot of people do live life on the edge, and sometimes over it, financially. We have guys who make a point of being in the office on the 1st of each month to submit their expenses claim and they're begging for immediate payment, as they're using the money to pay their credit card bill from last month (that's last month's bill, not last months spending).
We take up references on prospective tenants and see their bank statements - we have the opposite - they say they can afford to rent a property but when you look at the bank statements they cant. They are just getting further in to debt and being bailed out by loans or their business is.

Du1point8

21,604 posts

191 months

Wednesday 18th March 2015
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vinnie01 said:
I say I'm skint because I'm just a colossal tightwad
Me too... I guess in my case its a disease called being a Yorkshireman.

Got better in last few years, but always skint.

anonymous-user

53 months

Wednesday 18th March 2015
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Sheepshanks said:
PAULJ5555 said:
el stovey said:
Isn't he just saying he's skint because he has spent his money on all the stuff you mention?
I'm not sure, I think he has debts, business Loan, credit cards. So why keep adding to them. I bet they could pay off an extra 5-10k If they just had one year with no holidays/horses and rest.
I think a lot of people do live life on the edge, and sometimes over it, financially. We have guys who make a point of being in the office on the 1st of each month to submit their expenses claim and they're begging for immediate payment, as they're using the money to pay their credit card bill from last month (that's last month's bill, not last months spending).
Not much more annoying than expenses being delayed because the stupid bint who signs them off was "running a bit late this month". I don't give a st. I've got the best part of a grand tied up in expenses and I want them as soon as your fat arse can process them, love.

Sheepshanks

32,529 posts

118 months

Wednesday 18th March 2015
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OpulentBob said:
Not much more annoying than expenses being delayed because the stupid bint who signs them off was "running a bit late this month". I don't give a st. I've got the best part of a grand tied up in expenses and I want them as soon as your fat arse can process them, love.
Yes, but these are people who are paying off the expenses they incurred 2 month ago. Jan expenses, Feb bill, pay (a few days late) early March. And we're talking £2K-£3K typically, sometimes more. They've spend the money for the intervening month, and their float.

Good way of retaining staff though - they can't afford to leave!

Muzzer79

9,806 posts

186 months

Wednesday 18th March 2015
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OpulentBob said:
Nope, I've got a mate who does the same.

Big house (ok, rented), 6 month old Kuga on the drive, 2 kids (of school age) but his mrs doesn't work, half a dozen times a week he "checks in" on Facebook at Starbucks, always talks about the latest sporting event on Sky Sports.

However, whenever we go kayaking (2 holidays a year) he always moans that it's too expensive, should be cheaper, can someone cover him for this and that, "I'll owe you for the fuel", can't eat at the restaurant etc.

Er, sell the £20k car, send the woman out to work, ditch the £100/mth sky package, stop dressing the kids in OshKosh just so you can show them off in Starbucks...

But then I realise it's none of my business and in 3 years time I'll have fully paid off my mortgage while he still has to find £1100/month in rent just to keep a roof over their heads. Horses for courses.
This isn't a question of being skint, this is a question of priorities.

His £20k car and two holidays are a higher priority than blowing money on your kayaking holiday.

You feel that you are using your money more wisely than he does. You may be right, you may not.

However, he may very well be "skint" and not able to afford something more than he does already.

I don't see the fascination personally - if someone tells me they're skint; I don't argue with them or debate it myself by totting up the value of their assets.
I just accept that they're spending their money on something else, so don't include them in what I was proposing them to join?

sc0tt

18,032 posts

200 months

Wednesday 18th March 2015
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I always say i'm skint if I dont want to go out with that person.

Problem solved, he doesnt like you.

Ari

19,328 posts

214 months

Wednesday 18th March 2015
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Countdown said:
Slightly OT... my colleague bough a Lexus GS because somebody said his old car wasn't appropriate for somebody on his pay grade (they were winding him up). A few weeks later his OH lost her job so he was desperately looking for a way out of the finance agreement.

They were both on good salaries but both seemed to be living quite close to the edge and partly/mainly for "image" reasons.
Exactly the point I was making above. So many people make financial decisions based not on what they can afford, but how they perceive their entitlement to a 'lifestyle'. Totally mad.

I suspect a lot of it is being brought up by parents who indulge them with the latest and greatest of everything (how often do you see young kids with trendy expensive haircuts, designer clothes and the latest iphone/ipad) so when they set up on their own the concept of waiting, saving, going without or compromising is completely alien to them.

I had someone say to me once 'I have to buy little Jimmy designer clothes, he refuses to wear anything else'. FFS! How does a kid get to the point of feeling entitled to refuse any clothing not deemed expensive enough? That's a kid that will go into adulthood totally unable to do anything but buy what they want when they want. Well, its what credit cards are for isn't it?

andy-xr

13,204 posts

203 months

Wednesday 18th March 2015
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Skint because they choose to spend money on something else. I'm skint because I dont earn enough for what I'd like to do and I have a fk load of debt to pay back to people. If I didnt have that albatross, I'd probably still be skint because the money would go on something else or in the bank

I think having surplus cash / disposable income means you're young with nothing over you or you're not doing enough

Tim-D

526 posts

221 months

Wednesday 18th March 2015
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I'm not skint - don't earn a great deal.....but meet my needs and make sure my son has everything he reasonably needs.....and perhaps wants....
I'm a womble and proud of it - will recycle stuff other people don't want, can fix most aspects of cars - with the net result that current ride was purchased as a non runner for £90 - few hours work & nothing wrong with it.....nice 10yo Alfa with 68k on....and having done it myself I know it's done properly...
But have - lets term them "acquaintances" - that must have the latest this that & the other....e.g couldn't possibly have a lesser vehicle that an under 2 yo beamer...and protest they're "short", the situation is so stressed that they can't be bothered to flog old ipads / iphones etc - all absolutely fine by me - their lookout....... I will happily scrounge the cast offs :-)

Where I draw the line is those that simply can't budget, or wait until they can afford something before splashing out, the self - entitled without resource or effort to back it up - and worst of all (and I have lost friends over this) those that will delay their way to the bar to buy a round or precisely calculate who's had what when splitting a bill! - if we really must split it , it really doesn't need forensic examination ffs....

Those that have - good luck - enjoy it but don't whinge....
Those that haven't - if you want it - then save and then get it.....
Those that just want for the sake of it...... aaaaargh! ('Cahn-cil thread big TV anyone??? ;-))





toohuge

3,429 posts

215 months

Wednesday 18th March 2015
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I'm always skint biggrin


Simply because we (OH and I) save a lot more than others of our age for various projects etc. - mostly real estate based. But that's how we choose to live our life.

It works for us.... and whilst we would like to go on holiday, or buy a new car etc. we can always justify allocating the funds elsewhere.

That said, if we both raised our incomes significantly, could we afford to do all the things we wanted? - Probably, but I bet we wouldn't! As those luxuries are simply not important to us at the moment.

Rich n Em

214 posts

163 months

Wednesday 18th March 2015
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I feel skint, having very little disposable income to spend each week but I have no debt (mortgage aside), 2 serviceable cars, a house with 25% LTV and am putting ~£800 a month into a new house fund.

We heavily budget food and expenditure and my bills have been trimmed to a minimum.

I'd consider myself on a below average wage with a wife that doesn't work and 2 young children. I really am feeling the pinch but am I genuinely skint, no.

anonymous-user

53 months

Wednesday 18th March 2015
quotequote all
Muzzer79 said:
OpulentBob said:
Nope, I've got a mate who does the same.

Big house (ok, rented), 6 month old Kuga on the drive, 2 kids (of school age) but his mrs doesn't work, half a dozen times a week he "checks in" on Facebook at Starbucks, always talks about the latest sporting event on Sky Sports.

However, whenever we go kayaking (2 holidays a year) he always moans that it's too expensive, should be cheaper, can someone cover him for this and that, "I'll owe you for the fuel", can't eat at the restaurant etc.

Er, sell the £20k car, send the woman out to work, ditch the £100/mth sky package, stop dressing the kids in OshKosh just so you can show them off in Starbucks...

But then I realise it's none of my business and in 3 years time I'll have fully paid off my mortgage while he still has to find £1100/month in rent just to keep a roof over their heads. Horses for courses.
This isn't a question of being skint, this is a question of priorities.

His £20k car and two holidays are a higher priority than blowing money on your kayaking holiday.

You feel that you are using your money more wisely than he does. You may be right, you may not.

However, he may very well be "skint" and not able to afford something more than he does already.

I don't see the fascination personally - if someone tells me they're skint; I don't argue with them or debate it myself by totting up the value of their assets.
I just accept that they're spending their money on something else, so don't include them in what I was proposing them to join?
As I said, horses for courses. I'm well aware that he earns and spends on what he wants, it's entirely his choice and not something we openly criticise him for. But it was him and his brother and his father that started suggesting these kayaking holidays (for example), and now there is a regular group of us going (still including the brother and the father), he always moans that he wants to come, save him a space etc, but always cries off with a week to go, citing lack of funds. Up to him, yes, but when he moans about his car not being quick/big/smart enough, his rent, or the lack of spare money, then it's hard to sympathise.

Du1point8

21,604 posts

191 months

Wednesday 18th March 2015
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I think below sums it up quite nicely.



Its a great time to be broke eh, nobody blames you... its the economy.

Its not that you are horrible with decisions and waste money constantly... its the economy.

bristolracer

5,527 posts

148 months

Wednesday 18th March 2015
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PAULJ5555 said:
he then tells me about a horse they just bought
Well if he aint skint now he soon will be when the bills for the nag start coming!

P-Jay

10,551 posts

190 months

Wednesday 18th March 2015
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In my experience "skint" means "I have less than I'd like" not "I don't have any money".

As others have said I have friends who are committed savers. They put £x in their savings each month and obviously have a pile of cash, big or small, because of that. To them if they're at the end of the month and they have £20 in their current account / wallet and they're thinking about buying something that costs £21 they can't afford it because they're "skint" it doesn't matter that they put £200 in their savings 3 weeks before, or that they have £5000 in savings, because that's 'savings' and not 'money' to them.

I've never had that mind set, and it's probably why I don't have any savings. "Skint" to me means "I' not confident I could face a small crisis with the money I have right this second so I'm not confident enough to spend whatever I'm being ask to spend".

It's all relative really.

aka_kerrly

12,416 posts

209 months

Wednesday 18th March 2015
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PAULJ5555 said:
I'm not sure, I think he has debts, business Loan, credit cards. So why keep adding to them. I bet they could pay off an extra 5-10k If they just had one year with no holidays/horses and rest.
It could be as simple as his wife has no idea he has a business loan, credit cars, personal loans or other debts.

The poor bloke may be trying to continue providing the lifestyle she has become accustomed to as he has no balls to tell her the truth that perhaps they don't have anywhere near as much money as she thinks they have.

I've seen this happen quite a few times, it can be rather awkward during client meetings when you ask about debts/liabilities an one client says no, their partner says umm yes......