Were are in a Recession....

[Clowgon]

but has it effected YOU?

For example are you spending differently? Are you having to cut back?

Notice anything has changed in you shopping pattern?

Thread Moved by Alkaz (Forum Moderator): More suited here.

[cocaine]

nope lol nothings changed for me

[dirrty]

nope no change. still spend the same amount rly

[efq]

Nope and my familys business profits are rocket high and shares are up. Buying a few other companies at the moment as they are suffering lmao.

[drama]

we're.

and considering -most- of us aren't in full time employment i'm going for a firm no.. :rolleyes:

[scottish]

we aint in recession so its all gd.

[Virgin Mary]

It has. All the shops are doing sales so it means I can buy more!!:eusa_danc

[Ramones]

how is this a debate?

[Alkaz]

Nope, nothing has really changed, parents have more of an income from partnership in security alarm company as their is more of a demand as their is more robberies.

Im actually spending more than ever, and all my food I get from sainsburys, suprisingly a lot of good deals.

[Ashley 12344]

Yeah, harder to find a job and less hours at work.

[Hazza]

My family, yes, i'm not going into detail though.

[N!ck]

Not really. I've actually been spending more money recently. Taking advantage of cheaper stuff and i seem to have more money somehow :S.

[Mitch4?]

nope
mum just got a new job too.

[Loser]

Everything in the supermarkets gone up like 50p, except Tuc biscuits, which makes for an ideal lunch.

[GommeInc]

we're.

and considering -most- of us aren't in full time employment i'm going for a firm no.. :rolleyes:
What your parents income is, will effect you though. Like less food or clothes ;)

I can't exactly say it's effected me at all. My family don't spend any less, infact, arguably you could say more :P

[Clowgon]

Everything in the supermarkets gone up like 50p, except Tuc biscuits, which makes for an ideal lunch.

Yuc, they are disgusting. Too cheesy for my likening.

[Mathew]

It has / should not affect us directly, but all 3 of us are watching what we buy and just buying what we need to stay comfortable.

With all this "recession" and the dollar - sterling exchange rate going crazy (reached 1.34 yesterday), we are most likely cutting the holidays to the USA by a few weeks per year. Every little counts I suppose.

[kk.]

yes, i dont get as much interest on my savings :@

[N!ck]

yes, i dont get as much interest on my savings :@

I concur. 1.6% AER on my ISA, ***?

[kk.]

aha your alst rep was from me :)

I doubt im even on that. Its jsut a standard flexy saver with HSBC :/. I bet ill get like 1p on my savings this month :(

[Ostinato]

My family, yes, i'm not going into detail though.

Likewise.

And also, my girlfriends family invested like £20,000 last year in HBOS, have about half of it now cause of the crappy interests and all the rest of it.. lol

[PaintYourTarget]

I'm benefiting greatly. We bought a new house on a flexible rate mortgage last year, so not only did we get it around 50kish cheaper than it's value a year or two back but we're only on 2.8% interest. It's insane how well we worked it.

I'm with Tesco, they're reluctant to hire new staff so there's plenty of overtime if I need it. Feeling much better off.

[RedStratocas]

lol, well ive been spending more cause everything is cheap. but its not going to stay that way. eventually everything is going to be more expensive. take the bankruptcy of circut city - everything will be cheaper there but once it's offically gone, best buy is going to have absolutely no competition and can make their prices whatever they want to.

[scottish]

lol, well ive been spending more cause everything is cheap. but its not going to stay that way. eventually everything is going to be more expensive. take the bankruptcy of circut city - everything will be cheaper there but once it's offically gone, best buy is going to have absolutely no competition and can make their prices whatever they want to.

then as less money in economy less people will be paying those prices so they will eventually go down.

what is circut city btw? never heard of it?

[Jordy]

then as less money in economy less people will be paying those prices so they will eventually go down.

what is circut city btw? never heard of it?Large American electronics chain which went bust last week I think.

[RedStratocas]

then as less money in economy less people will be paying those prices so they will eventually go down.

what is circut city btw? never heard of it?

not necessarily. businesses still need technology. its like gas. people complain about gas prices all the time, but they always pay. circut city was the second largest electronics retailer in the world, it went out of business last week, 30,000 people are losing their jobs.

[scottish]

not necessarily. businesses still need technology. its like gas. people complain about gas prices all the time, but they always pay. circut city was the second largest electronics retailer in the world, it went out of business last week, 30,000 people are losing their jobs.

couldnt of been that big i've never heard of it in my life

but anyways theres always online where you can get anything to do with electronics basically.

[Pyroka]

Uhm nothings affected me really. Me and my family don't go out as much, we have to turn everything off to save electricity and since we're on a watermeter I can't shower as long (lol 20 mins......).

Apart from that it's alright, my job is getting more profit everyday so its kl. :D

[RedStratocas]

couldnt of been that big i've never heard of it in my life

but anyways theres always online where you can get anything to do with electronics basically.

lol, i dont know the name of the largest species of crab in the world, that doesnt mean if someone told me it i wouldnt believe it because ive never heard of it. but i guess the world revolves around you, lol.

but yah: http://tech.yahoo.com/news/pcworld/20090116/tc_pcworld/circuitcitytoliquidateremainingstores

[Pyroka]

Jesus christ, I know Circuit City and I don't even live in America, that place was awesome. :o

Damn... :(

[scottish]

lol, i dont know the name of the largest species of crab in the world, that doesnt mean if someone told me it i wouldnt believe it because ive never heard of it. but i guess the world revolves around you, lol.

but yah: http://tech.yahoo.com/news/pcworld/20090116/tc_pcworld/circuitcitytoliquidateremainingstores

ofc it does :S:S

anyways if its us only then i probs wudnt of herd of it.

[Andeeh]

Nope hasnt affected dad either =]

[cocaine]

couldnt of been that big i've never heard of it in my life

but anyways theres always online where you can get anything to do with electronics basically.

lol what a terribly naive thing to say

[Metric1]

I'm benefiting greatly. We bought a new house on a flexible rate mortgage last year, so not only did we get it around 50kish cheaper than it's value a year or two back but we're only on 2.8% interest. It's insane how well we worked it.

I'm with Tesco, they're reluctant to hire new staff so there's plenty of overtime if I need it. Feeling much better off.

You know your are up **** creek with a mortgage like that? They start off low, then the interest ratw will rise until you can't afford it and the bank forecloses on it.

My mom paid off our house last last year, so we're in the clear. The appartments are paying themselves off with rent and such.

[kk.]

You know your are up **** creek with a mortgage like that? They start off low, then the interest ratw will rise until you can't afford it and the bank forecloses on it.

My mom paid off our house last last year, so we're in the clear. The appartments are paying themselves off with rent and such.

nahh, the mortgages banks are giving out are all good atm. They need people to buy houses, take out loans and not save, mainly so they can survive. Now is the time to buy a house

[today]

yes, i dont get as much interest on my savings :@


I concur. 1.6% AER on my ISA, ***?

I've got £1110 in my ISA and i got told for a year of it being in there i'll get roughly £4. :/

[scottish]

lol i even get better than that, i get like 60p a month interest in halifax.

[PaintYourTarget]

You know your are up **** creek with a mortgage like that? They start off low, then the interest ratw will rise until you can't afford it and the bank forecloses on it.

My mom paid off our house last last year, so we're in the clear. The appartments are paying themselves off with rent and such.
Ours started off high and has kept going down and down. We owned both of the houses we sold to buy this one so we pretty much own a good 3 quarters of it. That, the low interest rates and a few accounts (forgot what the *******s are called =[) maturing soon should mean we pay the great majority of it off before they hike them all back up again.

[today]

lol i even get better than that, i get like 60p a month interest in halifax.
i used to get roughly like £1-2 a month, then its dropped hell loads!!

[Metric1]

Ours started off high and has kept going down and down. We owned both of the houses we sold to buy this one so we pretty much own a good 3 quarters of it. That, the low interest rates and a few accounts (forgot what the *******s are called =[) maturing soon should mean we pay the great majority of it off before they hike them all back up again.

Thats why so many people are in the hole in America. You have penalties if you pay off your mortgage early too.

[Metric1]

nahh, the mortgages banks are giving out are all good atm. They need people to buy houses, take out loans and not save, mainly so they can survive. Now is the time to buy a house

His mortgage is a variable rate morgage, they start low and balloon over time.

[PaintYourTarget]

Thats why so many people are in the hole in America. You have penalties if you pay off your mortgage early too.
Ah, we don't get that so much over here. I think they just want the money back as quick as possible. We had a really amazing Financial Adviser for the move too, saved us a lot.

[MrGazet]

dnt really spend tht much so nothing's change.best to not spend much and start saving though

[Swearwolf]

i wish car insurance prices wud go down :@

[Hated]

nothings changed but the dollar exchange rate has gone right down so won't have as much spending money when i go on me holz (N)

[Throne Sofa]

No not really.