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Legal, pensions and money

Cost of Living Increases

(35 Posts)
Sandytoes Sat 19-Feb-22 06:59:11

Was just wondering how everyone was coping with the significant rise in the cost of living? .
As a couple we made the decision to retire early and are living on the equivalent of x2 state pension plus £100-£200 from a few hours work each month . We have managed on our reduced income very well so far but can see we will need to cut back a bit more in the coming months . How is everyone else managing?

Mt61 Mon 07-Apr-25 15:01:48

So am I, MorningMist, so am I 😳

Finny1 Fri 25-Apr-25 14:24:22

I'm not sure if this is the place to ask this question. I have 2 adult children. One married with 2 youngsters & 1 not married. Both are presently renting....with the cost of living going up & up they both frequently ask me for money to help them out...I don't have alot of money & am on the aged pension...The question is - when does the point come when I say No...is it when I've got no rainy day money left...I didn't think I'd be supporting them in adulthood...
Are others in this predicament as well...The bank of Mum is getting squeezed...

Primrose53 Fri 25-Apr-25 14:37:45

I have never in all my married life spent as much on our food bill as I am now. Last week my bill was about £30 more than usual. The lad on the tills scanned through for me (when I expressed my horror) and there were no duplications or obvious errors. I checked it again when I came home and it was correct.

I have always shopped carefully so it can only be that many items have gone up by about 50p making the total much bigger.

This govt promised so much but, for our family, it’s 10 times worse.

Georgesgran Fri 25-Apr-25 16:37:36

It might be better if you start a new thread Finny1.

As you can see (not your fault or Primrose53’s) posters continue to discuss/comment based on the original title of the thread, probably not having read your previous post.

Nanato3 Fri 25-Apr-25 18:24:27

Finny1

I'm not sure if this is the place to ask this question. I have 2 adult children. One married with 2 youngsters & 1 not married. Both are presently renting....with the cost of living going up & up they both frequently ask me for money to help them out...I don't have alot of money & am on the aged pension...The question is - when does the point come when I say No...is it when I've got no rainy day money left...I didn't think I'd be supporting them in adulthood...
Are others in this predicament as well...The bank of Mum is getting squeezed...

None of my children have ever asked me for money.
I think you should start saying no now , firmly.
How are they ever going to learn to stand on their own two feet if you keep helping them out ?
Do they work. ?

fancythat Fri 25-Apr-25 18:30:01

I think Finny1 needs a separate thread as well.

The old adage “Look after the pennies and the pounds will look after themselves” isn’t quite true, Cabbie!

I was thinking this myself this week.
Doesnt really ring true anymore. Sadly.

Grammaretto Fri 25-Apr-25 18:57:34

I have been managing, just, as a widow with a work and state pension but have eaten into my meagre savings to pay my many unexpected large bills mostly to do with my large old house.
I plan to downsize this year but things are going very slowly.

Meanwhile my lodger, whose rent helped to pay council tax and one or
two little luxuries, has moved out so that I'm now glancing around to see how I can save.

I have subscriptions to a few things and I pay a gardener once a week. I donate to charities and like an evening out occasionally. I have very few holidays although I visited my DS in NZ last year.

I think I may have to have a new lodger on a short term basis until I move. I do like to be generous too and not always be the poor one.

Floradora9 Fri 25-Apr-25 21:41:55

My friend was complaining to me that , due to the cost of living , her son might have to sell one of his classic cars . She got no sympathy from me .

Sandytoes Wed 07-May-25 19:30:19

Primrose53

I have never in all my married life spent as much on our food bill as I am now. Last week my bill was about £30 more than usual. The lad on the tills scanned through for me (when I expressed my horror) and there were no duplications or obvious errors. I checked it again when I came home and it was correct.

I have always shopped carefully so it can only be that many items have gone up by about 50p making the total much bigger.

This govt promised so much but, for our family, it’s 10 times worse.

Food prices have certainly gone through the roof . I cook must things from scratch, which does help, and i buy and freeze reduced items but I also shop for my very elderly mother and her bill seems to have doubled in the last 2/ 3 years .