3% of families in the UK

Many many people will now be buying necessities on a credit card, way too proud to seek help, it will be a ticking time bomb for households once that debt becomes overwhelming.

After the cost of living crisis, there will be a repayment for surviving crisis.
 
Chris_Boro said:
Many many people will now be buying necessities on a credit card, way too proud to seek help, it will be a ticking time bomb for households once that debt becomes overwhelming.

After the cost of living crisis, there will be a repayment for surviving crisis.
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Unfortunately they charge 20% plus interest, so they could be making the situation worse for them.
 
The food banks are the tip of the iceberg in my opinion.

How many households with young kids are subsidised by the older generation who provide a food bank in a different way?

A Tory at work came out with similar rubbish to dsr Burnley above, it’s their way of defending something which they know is unacceptable but can’t face up to it being their fault.
 
dsr-burnley said:
At risk of banging my head against a brick wall, if people are skint and can't afford food it is because - by definition - they have spent the money they have got, on something else. If we know how much money they have coming in, and what it's being spent on, then it would be easier to know what to do about it.

I'm not talking about the hardship caese of people who have lost their job and benefits haven't come in yet or who had impossible-to-presict major expenses. I'm puzzled by people on regular income and full benefits who can't manage, and I am more than willing to be told why this is happening. Numbers would help.
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Couldn't they have spent that money they had on food and have no more for left for any more food they might require ?
KEEP BANGING !
 
HolgateCorner said:
The food banks are the tip of the iceberg in my opinion.

How many households with young kids are subsidised by the older generation who provide a food bank in a different way?

A Tory at work came out with similar rubbish to dsr Burnley above, it’s their way of defending something which they know is unacceptable but can’t face up to it being their fault.
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Good point about older generation subsidising younger generation with young kids. I can only guess this must be happening quite a bit. It used to be 50 year old parents giving money to children who were students for a couple of years. Now it must be 50 to 60 year olds buying shoes for the grand kids and even food over a 10 year period. Even in middle class families older relatives are paying 20% deposits on mortgages (say £50k to £100k) which has become the norm. Unfortunately it is fuelling house price inflation and making it near impossible for younger people who can't be helped to buy their own property.
 
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