Yeah - we’re in a fortunate position of not having overstretched
And reasonable income such that the impact in the short term is on what we save rather than what we can afford to buy.
My point wasn’t that inflation is good per se, just whether it is necessarily bad if you’ve got bad.
Paulg’s point is valid of course.
Posted By: SimonOTBC on June 27th 2022 at 09:22:09
Message Thread
- Inflation (General Chat) - SimonOTBC, Jun 27, 08:44:53
- Inflation is a disaster (General Chat) - matgore, Jun 27, 11:57:29
- I'd thought Simon was really limiting the lens to the individual circumstance (General Chat) - trafford_canary, Jun 27, 12:31:47
- It can affect individual a lot (General Chat) - matgore, Jun 27, 12:43:37
- I'd thought Simon was really limiting the lens to the individual circumstance (General Chat) - trafford_canary, Jun 27, 12:31:47
- Depends if you are an "average" person I guess? (General Chat) - trafford_canary, Jun 27, 09:14:29
- Yeah - we’re in a fortunate position of not having overstretched (General Chat) - SimonOTBC, Jun 27, 09:22:09
- *if you’ve got a lot more debt than savings (n/m) (General Chat) - SimonOTBC, Jun 27, 09:30:03
- Yes definitely. I am very lucky (General Chat) - trafford_canary, Jun 27, 09:33:42
- *if you’ve got a lot more debt than savings (n/m) (General Chat) - SimonOTBC, Jun 27, 09:30:03
- Yeah - we’re in a fortunate position of not having overstretched (General Chat) - SimonOTBC, Jun 27, 09:22:09
- High inflation is a disaster (General Chat) - paulg, Jun 27, 08:59:03
- As I is well old grandad innit I remember back in the 70s (General Chat) - Old Splat, Jun 27, 08:53:19
- What will interest rates be in 4 years time? 😬 (General Chat) - SCC 28, Jun 27, 08:48:28
- As long as you're not interest only you're payments could balance (General Chat) - trafford_canary, Jun 27, 09:16:55
- So long as you’re not downsizing you can port your mortgage (General Chat) - SimonOTBC, Jun 27, 09:20:31
- Yes this is very true!! I KEEP forgetting that (General Chat) - trafford_canary, Jun 27, 09:24:53
- 👍 the only downside is you’re stuck with the same lender (General Chat) - SimonOTBC, Jun 27, 09:29:35
- Yes this is very true!! I KEEP forgetting that (General Chat) - trafford_canary, Jun 27, 09:24:53
- So long as you’re not downsizing you can port your mortgage (General Chat) - SimonOTBC, Jun 27, 09:20:31
- Banks don’t seem to be forecasting a long term rate hike (General Chat) - SimonOTBC, Jun 27, 08:50:22
- GTFI (n/m) (General Chat) - SCC 28, Jun 27, 08:53:37
- Also.... (General Chat) - SimonOTBC, Jun 27, 08:55:38
- Mentally ticking off the days till the 30 hour free childcare comes in (General Chat) - trafford_canary, Jun 27, 09:20:33
- Also.... (General Chat) - SimonOTBC, Jun 27, 08:55:38
- GTFI (n/m) (General Chat) - SCC 28, Jun 27, 08:53:37
- As long as you're not interest only you're payments could balance (General Chat) - trafford_canary, Jun 27, 09:16:55
- Inflation is a disaster (General Chat) - matgore, Jun 27, 11:57:29
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