BRFR Cake Stop 'breaking news' miscellany
- Thread starter briantrumpet
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OP
OP
briantrumpet
Timewaster
Stuff like this is capitalism trying to make everyone hate it by no-one owning anything, and everything is on monthly payments, whether it's cars, iPads, apps, streamed music, AI access, healthcare, houses... well pretty much anything. I guess. They'll end up owning our bodies and we just pay a monthly fee to use them (on their behalf, of course). Meanwhile their CEOs will be on $1tn per annum while we are allowed to wipe their arses in return for not being sent to Rwanda (or wherever they think is a shithole country).
Bafuckingstards. The lot of them.
Bafuckingstards. The lot of them.
C R
Legendary Member
OP
OP
briantrumpet
Timewaster
The thing is that the bastards want to trap you, one way or another: they tempt you in, then make it impossible to leave, whilst charging you a monthly fee for the privilege. I'm fortunate to own outright everything I have, with no debts, and the 'only' monthly payments are for energy, water/sewerage, taxes (local and national), and insurance (mind you, all of these in both England and France). It's no wonder I'm a cheap date, but it's also no wonder that young people trapped by these barstewards really struggle to save anything.
All uphill
Slow and steady
I was like that at 20.
I
In the 70s I worked for an American company in the Iran. Everything was leased, not just vehicles and premises, even desks and filing cabinets! The company was making a lot of money, but had no ties at all to the country.
That turned out to be a good thing when the revolution came - just turn off the lights, drive to the airport and fly away.
Pblakeney
Squire
The secret is to save, then buy outright. It requires patience though. Only loan I've had since I was 22 was my mortgage.
I know that you know this, and that the vast majority will dismiss it.
OP
OP
briantrumpet
Timewaster
I think our financial histories are not that dissimilar, other than when I got 0% short term loans for my hifi ("What's a hifi?") and Ford Escort van, while I had enough money in the bank, (but it was earning interest). And neither of us have been higher-rate taxpayers. Mr Micawber would be proud.
Pblakeney
Squire
Funnily enough, I too took out a 0% "loan" for a hi-fi that I could have bought outright when I came back from Canada to boost my credit rating in order to get a mortgage.
AuroraSaab
Pharaoh
Difference is most of us here probably grew up when you couldn't actually get a loan for anything other than a car or home improvements. We weren't brought up in a culture of instant gratification, bombarded by being told what we must have to be cool, and with credit dangled in front of us 24/7. I'm very careful with money because it's how I was brought up. My kids are the same, but the temptation for everyone is much bigger these days. Personally, I'd ban TV advertising for those pay day loans (and gambling). Consumerism is pretty ruinous all round, but especially for the young.
OP
OP
briantrumpet
Timewaster
IIRC, my hi-fi was about £2000 in 1986. Quad 606 amp at the centre of it, and a Cambridge Audio CD player which cost £600.
And, genuinely, if I mention 'hi-fi' to current uni students, I just get a puzzled look.
OP
OP
briantrumpet
Timewaster
My parents' only borrowing was the £2000 they needed to buy their marital house in1960, and my mum's mum was able to supply that, so neither of my parents ever had a credit rating, as they never ever borrowed anything.
One of the things I dislike about the whole student loans thing is normalising having a £60k debt.
Pblakeney
Squire
I went for Arcam and Tannoy.
Which will probably mean nothing to anyone under 40. Or even more?
Pinno718
Legendary Member
I have Wharfedale's and a Rotel.
Mr Celine
Senior Member
Rega Planar 2. For which I recently bought a new cartridge and have started listening to vinyl again.
I was well impressed with the two guys in the hifi shop, one of whom may have been the same age as my turntable while the other was less than half its age. They knew that my turntable would have the original non-rega arm and found an appropriate cartridge for it.
I was well impressed with the two guys in the hifi shop, one of whom may have been the same age as my turntable while the other was less than half its age. They knew that my turntable would have the original non-rega arm and found an appropriate cartridge for it.
OP
OP
briantrumpet
Timewaster
Ooh, I remember when that turntable came out. Was a bit of a game-changer, IIRC.
