Ginge 191,
It's not aimed at uni students any more than it's aimed at people having kids, or buying a fridge, or buying a house, or having a wedding.
The statistics try bring it all together to show that poor decisions are often made, or simply not made at all, by showing that people really are in a big mess in some cases.
The university scene isn't intended to say "don't go to university, you'll get in debt", the message is that it's a big investment, think about if you need to go, and will the job you get later in life justify that investment? Just because you CAN get a loan and go, doesn't mean you should... I know plenty of people DO think it through, but some don't. Just as some people didn't think about negative equity, or the APR rates on their loans, etc.
The only person they can really rely on is themselves. This isn't a problem for the government to solve with legislation, they had plenty in place and it still failed. This is all about financial education which will do people good in ALL manner of their lives.
I suppose when you try tackle and engage people in this manner you upset and annoy people as much as you engage them, but at least it has a chance of generating a response unlike the usual stuff we often see telling us to think about money more wisely which goes straight over the heads of those who would benefit from it most.
I think the video would have benefited from an end that provided answers, or solutions. Sometimes it's tough being told to sort it out yourself, and that ultimately wasn't what we wanted to do.
The solution is education, and pointing to educational resources is a good plan, but we just couldn't have done that within the time (not much) and budget (none) we had to make this video
Again, thank you to everyone for taking the time to post your views though. Even though some is 'bad' it's constructive and that can only mean if we do anything else in future it'll work better and that will benefit us all eventually I hope!
I've already had one taker for the 15% off deal too hehe, so the budget for this video is actually in negative numbers now
Many thanks
Dave
It is tough!
Last year I was running my remap business, had a full time job, AND I was doing freelance work.
Within reason I could have lived pretty nicely but I still kept my spending sensible... or so I thought.
However, it was truly amazing how I managed to work through my salary each month. Where did that money go?
This year I have cut back so much to make ends meet. I have NO idea how I spent so much before. I've got by on not much this year at all... so it is possible to cut back... but I won't pretend it's easy. I'm a right tight git this year.
A night out for a steak and pint with mates was the highlight of social activity for three months for me haha!
Obviously servicing debt is hard work, I'll be getting my car insurance on monthly payments this January, as I can't afford the chunk outright this year.
I've got a credit card that needs a bit a month to pay off. Luckily my car loan stops in Jan so that offsets insurance and helps pay off the insurance faster.
It really is a juggling game, and you can see how some people basically start to drop their balls and it can easily snowball out of control!
I'd consider myself good with credit control but I've got enough to always worry me at the back of my mind, and I know people with a LOT more... it must be hard work!
Dave
It's not aimed at uni students any more than it's aimed at people having kids, or buying a fridge, or buying a house, or having a wedding.
The statistics try bring it all together to show that poor decisions are often made, or simply not made at all, by showing that people really are in a big mess in some cases.
The university scene isn't intended to say "don't go to university, you'll get in debt", the message is that it's a big investment, think about if you need to go, and will the job you get later in life justify that investment? Just because you CAN get a loan and go, doesn't mean you should... I know plenty of people DO think it through, but some don't. Just as some people didn't think about negative equity, or the APR rates on their loans, etc.
The only person they can really rely on is themselves. This isn't a problem for the government to solve with legislation, they had plenty in place and it still failed. This is all about financial education which will do people good in ALL manner of their lives.
I suppose when you try tackle and engage people in this manner you upset and annoy people as much as you engage them, but at least it has a chance of generating a response unlike the usual stuff we often see telling us to think about money more wisely which goes straight over the heads of those who would benefit from it most.
I think the video would have benefited from an end that provided answers, or solutions. Sometimes it's tough being told to sort it out yourself, and that ultimately wasn't what we wanted to do.
The solution is education, and pointing to educational resources is a good plan, but we just couldn't have done that within the time (not much) and budget (none) we had to make this video
Again, thank you to everyone for taking the time to post your views though. Even though some is 'bad' it's constructive and that can only mean if we do anything else in future it'll work better and that will benefit us all eventually I hope!
I've already had one taker for the 15% off deal too hehe, so the budget for this video is actually in negative numbers now
Many thanks
Dave
(23-11-2012, 01:59 PM)Kwik Wrote: good video i should show it to missus and make her start living within our budget as she is proper stressing about debt. ive been getting her on track to pay it off though very subtle like as i don't want to make her more stressed lol
It is tough!
Last year I was running my remap business, had a full time job, AND I was doing freelance work.
Within reason I could have lived pretty nicely but I still kept my spending sensible... or so I thought.
However, it was truly amazing how I managed to work through my salary each month. Where did that money go?
This year I have cut back so much to make ends meet. I have NO idea how I spent so much before. I've got by on not much this year at all... so it is possible to cut back... but I won't pretend it's easy. I'm a right tight git this year.
A night out for a steak and pint with mates was the highlight of social activity for three months for me haha!
Obviously servicing debt is hard work, I'll be getting my car insurance on monthly payments this January, as I can't afford the chunk outright this year.
I've got a credit card that needs a bit a month to pay off. Luckily my car loan stops in Jan so that offsets insurance and helps pay off the insurance faster.
It really is a juggling game, and you can see how some people basically start to drop their balls and it can easily snowball out of control!
I'd consider myself good with credit control but I've got enough to always worry me at the back of my mind, and I know people with a LOT more... it must be hard work!
Dave