Yes at £200 a week it is more or less impossible to run a household in this country,who`s to blame?the only name that springs to mind is thatcher,maybe cos of the time span u mention.The way young people are treated in regards to wage eqaulity is as deplorable now as it was then,although no one actually starves to deayh in the u.k and we should count r blessings,people must overstand that there is more to life than food and rent and young wage earners who do the same job as an older person but are payed substantually less deserve to be treated and renumerated accordingly
2007-07-04 21:32:51
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answer #1
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answered by Anonymous
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Yes i believe that you are right. I am 18 years old and my fiance and I would like to get a flat together with a couple of friends. I am the only one of the four of us who is on higher than the minimum wage at the moment. It doesnt look like we are going to be able to afford it! All of us are going on to uni/college in september, therefore we will also have student loans to pay off. My fiance and I were discussing this the other day. When I graduate I will be 22, if I want to get a really good career I will have to return to education for another fours years. By then, I will be 26, and will be in a good job and financially quite comfortable. BUT, we want to get married before we're 26 and have a family. How are we supposed to fit this in? My fiance will be doing a two year college course then hopefully going into work but his job will not be enough to support us, and a child, as I continue my studies. Plus, how would look after the kid??? Its all so complicated now. I wish it was how it was in my parents generation. My mum and dad both left school at 16 and went straight into jobs, and were able to get married and buy a flat at age 18. That would be near impossible now. Its pretty hard to be part of the young generation nowadays.
2007-07-04 21:37:07
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answer #2
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answered by Anonymous
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Have you looked in to the first buy scheme?? I am 25 and looking to get a mortgage with my boyfriend, the only way we can do it is through this scheme. The only thing is the deposit, i am also saving about £200 a month, it may take a bit of time to save but once you have it may be do able. We worked out that out monthly payments will be a little less than what we are paying on our current appartment which is £450 a month. The house we are looking at is a new build, 3 bedrooms so you could probably get the monthly payments down further with a smaller house.
2016-05-18 21:26:56
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answer #3
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answered by ? 3
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A scary thing for young people is that house prices are so high that you cannot afford to get on the property ladder by yourself. I'm very independent - I don't mind sharing a house with a friend or possibly a boyfriend but I feel funny buying with them as then all of your finances are tied. But then, I'm not in that situation at the moment so I cannot comment.
Anyway, to answer your question, it is very difficult to run a household on minimum wage, especially by yourself. In order to do so, you may have to find a house or flat in a really undesirable area just to be independent.
I'm young - 23 - but I'm not in a position to go out and buy properties or even move out of my parents again as I'm back at university and will be for the next few years while I do my other degrees and travel. God knows what it will be like then lol :-S
2007-07-04 21:30:44
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answer #4
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answered by Cat burgler 5
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Im 22 and i live on my own, i only pay £250 a month rent because i rent from a family member but i also pay all the bills, council tax, water electric everything on my own i have sky as a luxury. I have a car (brought witha loan) and run that too. I do struggle i dont have ,uch left over each month and i know i would never be able to afford a mortgage on my own!
Cant wait till me and my other half get a mortgage and stuff together!
2007-07-04 22:30:56
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answer #5
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answered by Carrie Bradshaw wannabe 3
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It's not impossible, but it is very, very difficult and I think you are right - investing a little in young people and giving them a decent start would have a positive effect in the long run.
There are so many people stuck in the benefits system because there is no productive way out. It's demoralising and I think we are heading to a point where those without enough to live on are giving up even trying anymore.
2007-07-05 00:11:13
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answer #6
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answered by justasiam29 5
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I'd say no but it will be difficult to the extreme this level is set at a minimum and there is very little lee-way
2007-07-05 04:44:15
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answer #7
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answered by Scouse 7
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if people can survive out in the wild before any of this civilisation was created then people can survive on minimum wage I did when I was 15 but I was living with my brother and everything was paid for us.
2007-07-04 21:27:32
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answer #8
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answered by Anonymous
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