By Madeleine Whittaker
We all wish, don’t we!
Some people really do fall on their feet financially, while many others struggle throughout life to make ends meet. Circumstances make such a difference to how your life pans out, so many decisions, choices and paths take you the right way or not.
In the UK we are being told we are starting to come out of the recession. But some news broadcasters are telling us we were better of in the recession then coming out of it now.
Defining wealth as “disposable income” - comparing what people are taking home with the cost of living - Money Watch found examples of a minority who had borne the brunt of the recession - struggling financially as they dealt with pay cuts or redundancy.
But in terms of spending power, the average family was in fact £1080 a year better off.
Yet since the recovery began at the end of 2009, that effect has gone into reverse. And that applies even before spending cuts and new tax rises start to bite.
And now we are starting to be hit with tax rises and spending cuts it is difficult to see where this will take us in the next couple of years. We will see general living rise due to the VAT rise. Although it is only a small percentage, and will add amounts as little as 10-20 pence to items. When you add that to a weeks shopping, your looking at potentially your household shop rising by at least £5.
When you then add that one weeks shop to just spending money, clothes, alcohol and going out. Not to mention the rise in bills. As I said, it is hard really so see how the general public is going to be out of the recession.
Having worked at Enigin PLC for years now, I can honestly say that I would struggle to find a better working enviroment.