One good thing about the credit crunch....
Sirius631
Posts: 991
I know there is a lot of worry about the credit crunch and the resultant threat of redundancy. My simpathy to anyone who is having difficulties during these pressing times. There is, however, at least one good thing about the credit crunch, and that is the fact that the credit adverts with Carol Vordermann have stopped. They were more annoying than the 'annoying credit' that they advertised they could put a stop to. Loan adverts in general have dropped off significantly. Has anyone else got any other reason to look on the bright side?
To err is human, but to make a real balls up takes a super computer.
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The Big 4 football clubs might be left high and dry, in hundreds of millions of pounds of debt with no way of getting it back.
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I've just had a raise and a promotion - I'll soon have that three bedroom detached in Chorlton...
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CHRISNOIR wrote:I've just had a raise and a promotion - I'll soon have that three bedroom detached in Chorlton...
:roll:
I think that there are large sections of the population that really have not felt the credit crunch at all....me included.Whenever I see an adult on a bicycle, I believe in the future of the human race.
H.G. Wells.0 -
I'm getting my next tax free wad of funding on the 31st... that should be nice!0
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Nope, no reasons to look on the bright side, financially and professionally at least.
Been off work since the end of September, nothing out there, one interview where the guy is just messing now I think as won't say yes or know (or anything).
My attempt to get professional accreditation as an Architect in Ireland has also fallen flat after great expense, with it looking like it will be 3-4+ years before I'll be in a position to have another go at it, with the options being to move back to Ireland and finish it in 3-4 years or do the 2 years architecture degree again in the UK + the final professional qualification (as if). I need the accreditation to go for jobsbeing advertised, not having is equal to please don't bother to apply.
I do have plenty of money in the bank, but that has to pay for the mortgage for the house we have in ireland that we're having to leave vacant for a year as we can't rent it out due to Irish tax laws making it more expensive to rent than leave empty.
My wife can work full time at a decent enough rate (she's a dental hygienist) but as the final plunging of the knife told me on Tuesday the she's pregnant with what will be our second child....so much for the rythm method of contraception!
Oh well on the brights side our first is a gorgeous but noisy girl, hopefully our second will be just as wonderful, more to life than money as long as we can afford to be philosophical!'Twas Mulga Bill, from Eaglehawk, that caught the cycling craze....0 -
chuckcork wrote:My wife can work full time at a decent enough rate (she's a dental hygienist) but as the final plunging of the knife told me on Tuesday the she's pregnant with what will be our second child....so much for the rythm method of contraception!
Well, congratulations there! Hope things pick up on the job-front!0 -
in Chorlton...
sorry to hear that.
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He seems to think Chorlton is a step-up from Rochdale ?0
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johnfinch wrote:The Big 4 football clubs might be left high and dry, in hundreds of millions of pounds of debt with no way of getting it back.
That is only good if people stop being obessed by it.
Couldn't believe it when I saw a childs travel cot emblazoned with Man U insignia, the brainwashing starts early!'Twas Mulga Bill, from Eaglehawk, that caught the cycling craze....0 -
Sirius631 wrote:I know there is a lot of worry about the credit crunch and the resultant threat of redundancy. My simpathy to anyone who is having difficulties during these pressing times. There is, however, at least one good thing about the credit crunch, and that is the fact that the credit adverts with Carol Vordermann have stopped. They were more annoying than the 'annoying credit' that they advertised they could put a stop to. Loan adverts in general have dropped off significantly. Has anyone else got any other reason to look on the bright side?
Although if you have a Sky digibox, it transpires that the dreaded Ocean Finance - as often derided by Andy Parsons on Mock the Week - now has its own TV channel (Sky 888)!!
As for the adverts with Vorderman, ironic that these have ended due to other people's financial shortcomings just as she is about to have cash problems of her own with her Countdown career ending - seems she could have done with the money from the ad work after all!
David"It is not enough merely to win; others must lose." - Gore Vidal0 -
quote]
Although if you have a Sky digibox, it transpires that the dreaded Ocean Finance - as often derided by Andy Parsons on Mock the Week - now has its own TV channel (Sky 888)!!
David[/quote]
How did you find that :roll: obviously nothing better to do or were you looking for the latenight channels 0 -
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I thought the Gaza Strip was in Rochdale.0
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The environment should benefit, less car journeys, energy being used in factories,etc. Less crap being bought.
More time for fathers to spend with the chidren.0 -
pdstsp wrote:I thought the Gaza Strip was in Rochdale.
Don't be ridiculous. Gaza's trip was about 130 miles away from rochdale in newcastle. It was a beauty as well. He was walking along the road drunk, when all of a sudden... a cyclist hopped onto the pavement and he faceplanted....although no evidence of a cyclist was ever found Whenever I see an adult on a bicycle, I believe in the future of the human race.
H.G. Wells.0 -
The Credit Cruch, and resulting recession has been a mixed bag for me:
Cons:
I work in finance, and in no uncertain terms my job is at risk.
I used to enjoy my job, but now it's stressful and depressing at times, getting better though.
The Pound is ruined, I know this is the Road Bike section, but the forks on my DH bike cost me a nicely discounted £890 back in March, same forks now in a horrible gray colour, £1400!!! because they're made in italy. If it doesn't recover by summer Morzine's gonna be expesive, ha ha. It was £5-£6 for a pint of beer this year!
Low sales in work meant no bonus, pretty much disastrous times for the company mean no profit share. Both mean no holiday to Whistler or new bike.
Pros:
Fuel is MUCH cheaper, I don't drive around for the fun of it, but the cost of getting to work, shopping and work travel is much lower, it's almost to the point where the mileage I can claim from work covers the actual amount it costs me.
House prices are falling like a cow off a cliff. I feel for anyone who's now in negative equity, but buying a house is an investment what goes up...... If you're one of the people who LIED on your self-cert form and borrowed 10x your income and now are struggling, you did it to yourself. No sympathy.
Anyway I've wanted to buy my own place for 3-4 years now. With interest rates going up and prices way past sensible it didn't make sense. I think they'll be a bit of a property "sweet-spot" Sept-Dec '09 when rates are still very low (poss 1% BOE rate) and house prices will bottom out, but I still wont borrow more than 4x my salary, and I'll get a fixed rate deal, fixed for the maximum term possible.
Everything is on sale!! Well everything but '09 bikes which are silly expensive. But every shop in the high-street I walk though to work has AT LEAST 20% off everything, some are 50%.
If you think about it, if you keep your job through the next 6-9 months you'll have more money than ever! Mortgage rates are down, cost of living is down, income tax is down, VAT is down. Yeah the people who thought they were rich because their house was worth a bomb may feel poorer, but who really wins when property is so overvalued - Banks and Estate Agents.0 -
the only 2 cons I can think of for me, are
1) more difficult to get a good savings rate
2) fuel is cheaper
otherwise it's pros all the way
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chuckcork wrote:johnfinch wrote:The Big 4 football clubs might be left high and dry, in hundreds of millions of pounds of debt with no way of getting it back.
That is only good if people stop being obessed by it.
Couldn't believe it when I saw a childs travel cot emblazoned with Man U insignia, the brainwashing starts early!
I would love the Glaziers to go broke and pull the plug on ManUre. Dear God who I dont believe in PLEASE can we beat them tomorrow? Thanks.
I manage Social Housing for an LA. The more people made homeless (in my Borough) the more secure I am in my job as Im on a temp contract* (Im NOT wishing homelessness on anyone just answering the question).
*Truth be told my temp contract expired 4 years ago, go on try and get rid of me 0
