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Category: DEBT CONSOLIDATION

Local Housing Allowance (LHA) is a Major Cause of Homelessness & Suicide

Local Housing Allowance (LHA) is a Major Cause of Homelessness & Suicide

** Disclaimer**

This article is sensitive, caution is advised because the wording ‘Suicide’ & ‘Homelessness’ is mentioned more than once. We have linked suicide help and support links towards the end of this article. If you are in distress you must contact emergency services or go to A&E or ER.

Content:

  • Understanding Local Housing Allowance (LHA)
  • The impact on families
  • Addressing the issue
  • Why is local housing not in line with the current rates of inflation
  • Impact on Mental Health & Rise of Suicide?
  • Rent Increases
  • Renter Reform Bill
  • Shelter Recommendations
  • Final Notes
  • Health & Wellbeing Useful Links

Homelessness charity Shelter identified the previous LHA freeze until March 2023 as a major cause of more families facing homelessness.

Homelessness is a pressing issue that affects communities worldwide, and families are often among the most vulnerable demographic. In recent years, the role of housing policies in exacerbating family homelessness has come under scrutiny. One significant factor contributing to this crisis is the Local Housing Allowance (LHA) system. While designed to provide financial support to low-income households, the LHA has inadvertently become a major cause of families facing homelessness.

Understanding Local Housing Allowance (LHA)

The Local Housing Allowance is a system used in some countries, including the United Kingdom, to determine the amount of housing benefit or housing support a low-income household is entitled to. Rather than basing this support on actual rent prices, the LHA sets a maximum limit based on local market rents. This fixed cap often fails to reflect the actual cost of housing in high-demand areas, leading to a mismatch between the support provided and the real cost of renting a home.

The Impact on Families

While the intention behind LHA is to offer a safety net for families in need, it frequently falls short due to several key reasons:

1. Soaring Rental Costs: In areas where the demand for housing is high, rental costs can quickly surpass the LHA cap. Families are then forced to choose between spending a significant portion of their income on rent or seeking more affordable housing options, which are often located far from schools, jobs, and essential services.

2. Limited Availability: Affordable rental properties within the LHA cap are often scarce, leaving families with fewer choices. The competition for these properties drives up demand, which can lead to landlords being selective in their choice of tenants, disadvantaging families with low incomes or rental histories that are not ideal.

3. Unpredictable Rent Increases: Even when a family secures housing within the LHA cap, there’s no guarantee that their situation will remain stable. Landlords can raise rents over time, and if these increases exceed the LHA cap, families find themselves struggling to cover the shortfall.

4. Eviction Risk: Families unable to meet their rental obligations due to the gap between LHA and actual rents are at a high risk of eviction. This instability can be especially damaging for children, disrupting their education, social connections, and overall well-being.

5. Increased Reliance on Temporary Accommodation: The failure of LHA to cover housing costs often results in families being placed in temporary accommodation, such as homeless shelters or emergency housing. These arrangements are meant to be short-term solutions but can become prolonged due to the difficulty of finding suitable, affordable housing.

Addressing the Issue

To tackle the issue of family homelessness exacerbated by the Local Housing Allowance system, comprehensive reforms are necessary:

  1. LHA Adjustment: Regularly update the LHA cap to reflect current market rents accurately. This could be based on real-time data rather than relying on periodic adjustments that might lag changing market conditions.
  2. Targeted Support: Implement measures that specifically address the needs of families. This could include allocating additional funds for families with children to cover the higher costs associated with raising a family.
  3. Preventative Strategies: Invest in preventative measures, such as mediation services to help families at risk of eviction negotiate with landlords or programs that provide financial counseling to help families manage their housing costs.
  4. Affordable Housing Initiatives: Increase the availability of genuinely affordable housing units in high-demand areas. This could involve collaborations between government agencies, non-profit organizations, and private developers.
  5. Tenant Rights and Protections: Strengthen tenant rights to ensure families are not unfairly evicted due to rental increases beyond their control.

So why is the government not doing anything about it and why are more and more people developing mental health issues or their mental health deteriorating due to the direct strain of housing and financial difficulties because of greedy landlords and bureaucratic red tape?

Why is local housing not in line with the current rates of inflation and the impact on Mental Health & Suicide?

The Stagnant Local Housing Allowance: A Challenge in the Face of Inflation and Rising Rents

In recent years, the issue of affordable housing has gained significant attention as rental prices continue to climb, making it increasingly difficult for individuals and families to secure suitable accommodation. One crucial lifeline for those struggling to cover housing costs is the local housing allowance (LHA), a welfare payment designed to aid low-income households in affording rental accommodations. However, a growing concern has emerged as local councils have failed to increase the LHA in tandem with the rate of inflation and the surge in rents imposed by landlords.

The local housing allowance is a vital support mechanism that ensures vulnerable individuals and families have access to safe and adequate housing. Its purpose is to bridge the gap between what people can afford and the ever-increasing cost of rental properties. Ideally, the LHA should be adjusted annually to reflect changes in the economy, including inflation and fluctuations in rental prices. However, the reality paints a different picture, with many local councils neglecting to make necessary adjustments.

Several factors contribute to this discrepancy between rising rents and stagnant local housing allowances. One key challenge is the broader economic landscape, which affects the financial resources available to local councils. Budget constraints and competing priorities often force councils to make difficult decisions about where to allocate funds. Unfortunately, the LHA might not always be at the forefront of these discussions, leaving it underfunded and out of touch with the real cost of living.

Furthermore, the dynamics between landlords and tenants play a role in this issue. Landlords, motivated by market demand and seeking higher profits, can raise rents as they see fit. When the local housing allowance fails to keep pace with these increases, it puts vulnerable tenants in an incredibly precarious position. They are left struggling to cover the widening gap between their housing allowance and the actual rental costs, often facing the threat of eviction or homelessness.

The lack of alignment between the local housing allowance and the rising cost of living also has broader societal implications. Families forced to spend an increasing portion of their income on housing may have less money available for other essentials like food, education, healthcare, and transportation. This financial strain can lead to a cycle of poverty, impacting the overall well-being of individuals and communities.

To address this pressing issue, a collaborative effort is required on multiple fronts. Local councils must prioritize the regular review and adjustment of the local housing allowance to ensure it remains relevant to the current economic landscape. Advocacy groups, nonprofits, and social welfare organizations can play a crucial role in raising awareness about the impact of inadequate housing support and putting pressure on policymakers to take action.

Moreover, creating policies that incentivize affordable housing development can help alleviate the pressure on the rental market. This might involve working with landlords to encourage reasonable rent increases, as well as investing in the construction of affordable housing units.

The disparity between the local housing allowance and the rising cost of renting presents a critical challenge for low-income households. To mitigate the effects of this issue, local councils, policymakers, and community stakeholders must collaborate to ensure that the LHA is regularly adjusted to reflect inflation and changes in the rental market. Only through proactive measures can we safeguard the well-being of vulnerable individuals and families, providing them with the opportunity to access safe and stable housing without sacrificing other essential needs.

Impact on Mental Health & Rise of Suicide

An estimated 741 deaths of homeless people in England and Wales were registered in 2021, with a 95% confidence interval of 658 to 824 estimated deaths.

Deaths of homeless people in England and Wales – Office for National Statistics (ons.gov.uk)

NHS

The NHS is already under a lot of strain. Councils and Landlords are causing mental health issues due to increasing rents exponentially.

The NHS is facing a lot of strain because of the influx of mental health disorders due to the cost of living price rises. A report by the NHS Confederation says that mental health services are struggling to meet the demand for support caused by the COVID-19 pandemic and the cost-of-living crisis, which can lead to stress, anxiety, isolation, and low mood. Another report by NHS Providers says that 8 million people in England cannot get specialist help because they are not sick enough to qualify and that the mental health budget needs to increase by at least £2.85bn from next year. The Guardian also reports that the number of patients who have received hospital treatment for mood disorders in England has decreased by a third in five years, due to a shortage of mental health beds. The BMA also highlights that the NHS has been facing years of inadequate planning and chronic under-resourcing, which affects its ability to cope with the pressures.

Even Martin Lewis (MoneySavingExpert.com) has admitted money and mental health do not mix: ‘I’ve had my dark days.’ Why Martin Lewis Knows Mental Illness and money don’t mix | Mental health | The Guardian

Mental Health & Suicide

The Silent Crisis: Mental Health and Suicide Surge Linked to Inadequate Local Housing Allowance

A quiet crisis has been brewing beneath the surface of society, one that is directly tied to the skyrocketing cost of living and the failure of local housing allowances to keep pace with inflation. The harrowing consequences of this issue are becoming increasingly evident, as mental health struggles and suicide rates surge among vulnerable populations who find themselves trapped in a cycle of financial instability and housing insecurity. Alcohol Abuse is on the rise: Alcoholism Symptoms And Warning Signs – Addiction Center

The local housing allowance, a crucial component of the social safety net, was designed to provide a lifeline for low-income individuals and families, ensuring that they have access to affordable housing. However, as the cost of living continues to rise and the gap widens between rental prices and the allowance provided, a growing number of people are finding themselves in untenable situations.

The Cost of Living Crisis: A Ticking Time Bomb for Mental Health

With inflation outpacing the adjustments made to local housing allowances, many individuals relying on these benefits are struggling to make ends meet. The cost of rent, utilities, and basic necessities now often exceeds the financial support they receive, forcing them to choose between paying the bills and putting food on the table. This financial strain is a breeding ground for stress, anxiety, and depression, which can have devastating effects on mental health.

As families are rendered homeless due to the lack of affordable options, feelings of hopelessness and despair escalate. The toll on mental well-being is exacerbated by the sense of helplessness in the face of a seemingly unbreakable cycle of poverty and housing instability.

Rising Suicide Rates: A Disturbing Consequence

Tragically, the inadequacy of local housing allowances and the rise in living costs are not just affecting mental health—they’re also contributing to a surge in suicide rates. The strain of financial hardship, coupled with the emotional toll of housing instability, can push individuals to their breaking point. The feeling of being trapped with no way out can lead to a sense of desperation that is difficult to comprehend for those who haven’t experienced it firsthand.

Researchers and mental health professionals are sounding the alarm about this alarming trend. The connection between economic hardship and mental health struggles, including suicidal ideation, is well-documented. The inability to secure stable, safe housing amplifies these challenges, creating a deeply concerning feedback loop.

A Call to Action

Addressing this crisis requires a multi-faceted approach. First and foremost, there is an urgent need to reevaluate and adjust local housing allowances to be in line with the real costs of living. A dynamic system that takes into account regional variations and inflation rates is essential to ensure that vulnerable individuals and families are adequately supported.

Furthermore, investment in mental health support services is paramount. Providing accessible counseling, therapy, and crisis intervention resources can be a lifeline for those facing the darkest moments of their lives. Financial education and job training programs can also help empower individuals to break free from the cycle of poverty and instability.

The rise of mental health struggles and suicide rates due to the inadequacy of local housing allowances is a pressing issue that demands immediate attention. As a society, we must recognize the intertwined nature of housing, economics, and mental health, and take decisive action to provide relief to those who are suffering. Only through collaborative efforts can we hope to reverse this distressing trend and create a brighter, more stable future for all.

Rent Increases

Many private landlords will be increasing rents in response to the increase in mortgage interest rates. However, there are quite a few who do not realize there is a rent cap and think they can charge what they want. Limit on annual rent increases 2023-24 (from April 2023) – GOV.UK (www.gov.uk)

Such landlords will be made to reimburse the difference of the government guidelines if found guilty. A tenant should dispute their rent with the landlord or agency first before taking further action.

Fewer properties are becoming unavailable to those on low incomes. As a result, households are struggling to pay their housing costs exacerbating the cost of living crisis with many having to go without meals to pay their bills.

Renter Reform Bill

Tenants should be protected from no-fault evictions and according to Polly Neate, chief executive of Shelter, said: “The government is failing renters by stalling on the Renters Reform Bill. For each day that MPs are off on their six-week summer break, another 172 families will be hit with a no-fault eviction notice – giving them just two months to pack up and leave their homes”.

https://cymrumarketing.com/renters-reform-bill-to-abolish-section-21-no-fault-eviction-notices/

Shelter Five Recommendations

  1. Local Housing Allowance (LHA) should be restored to cover at least the cheapest 30% (i.e. bottom third) of local rents. The government should make this a priority measure for tackling the cost of living crisis to avoid a wave of homelessness.
  2. LHA rates should be re-linked to the cost of renting in future years to keep them in line with at least the 30th percentile as the private rental market fluctuates.
  3. The household benefit cap must be abolished or, at the least, its level should be urgently reviewed before the end of 2022 as recommended by the Work and Pensions Select Committee.
  4. The data used to determine LHA should be reviewed, particularly regarding whether The current determination of the 30th percentile is an accurate reflection of the cost of modest homes.
  5. In the longer term, there must be investment in a new generation of social housing, with rents pegged to local income. This is the only truly affordable tenure and is the key to insulating households from future price shocks.

Soaring rents and frozen housing benefit leaves renters facing housing cost crisis | Shelter

Wales’ Housing Crisis: making the LHA work for Wales – Bevan Foundation

Discretionary housing payments – Shelter Cymru

Final Notes

Family homelessness is a complex issue influenced by various factors, including housing policies like the Local Housing Allowance. While the LHA system was designed to provide support to low-income families, its limitations have led to unintended consequences, leaving families vulnerable to homelessness. By reevaluating and reforming the LHA system and implementing supportive policies, societies can work toward ensuring that families have a stable and secure place to call home, fostering healthier communities and brighter futures for all.

It comes as no surprise that the housing crisis is in the news today, that councils are struggling with homelessness but are not increasing the LHA even though they have been funded £1 Billion. Councils struggling to cope with rising levels of homelessness says charity (msn.com)

According to a Government spokesperson said: “We are determined to prevent homelessness before it occurs. Temporary accommodation ensures no family is without a roof over their head, but we have been clear that the use of B&Bs should always be a last resort. “We have given £2 billion over three years to help local authorities tackle homelessness and rough sleeping, targeted to areas where it is needed most. “We are set to spend over £30 billion on housing support this year, on top of significant cost-of-living help worth around £3,300 per household. We’ve also maintained our £1 billion boost to Local Housing Allowance, while our discretionary housing payments provide a safety net for anyone struggling to meet their rent or housing costs.”

Starving Families

It begs the question of how many people including children are starving behind closed doors just so that parents keep a roof over their heads and what is the result for many who suffer mental health issues or whose mental health deteriorates due to the rise of the cost of living, where in many cases is non reversible. According to the Child Poverty Action Group (CPAG), 4.2 million children were living in poverty in the UK in 2021/2022. That is one in three children. Around 350,000 more children were pushed into poverty last year.

Poorest UK families enduring ‘frightening’ collapse in living standards, survey finds | Poverty | The Guardian

What is child poverty? UK statistics in the cost of living crisis – The Big Issue

Unless you have a high-paid job, low-income families or people living alone are unable to survive on one income. For people who have partners, there are in most cases two incomes, but for the person living alone, it is much harder to make ends meet. People who are employed have a guaranteed income whilst self-employed people don’t.

Vulnerable People With Mental health Disabilities

People with mental health disabilities are more susceptible to having their disorders worsen from mounting financial pressure.

Accountability

Where there is blame there is a claim: If the landlord causes you financial hardship and puts obstacles in your way to stop you from earning an income (working from home or running an online business) or causing you emotional distress and your mental health to deteriorate they should be made accountable. https://cymrumarketing.com/understanding-search-engine-business-pages-terms-and-seo/

Nowhere to turn…

Remember wherever there is a problem there is a solution and you should never give up the fight. There are many useful resources not only on our sites but also by simply searching.

It may sound easy to say and give advice, but believe me, I am an advocate for mental health and know firsthand how hard it is when you are faced with depression, hence I document my health online as a form of self-help therapy.

If you feel you have no support try reaching out to some of the organizations listed below and if you feel life is unbearable and you cannot cope call emergency services or visit A&E or ER.

Health & Wellbeing Useful Links


DRUG & ALCOHOL ABUSE



MENTAL HEALTH SUPPORT



SUICIDE SUPPORT


If you have suicidal thoughts, talk to someone about them. If you do not have any friends or family reach out to the Samaritans on 116 123 For Free. Sometimes talking to a stranger can help you put things into perspective and help you tackle daily challenges. Arrange an appointment with your local doctor and explain how you are feeling. Do not drink alcohol or take recreational drugs as this may make the matter worse. Seek professional help ASAP.

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Landlords & Tenants Useful Links

https://cymrumarketing.com/landlords-and-tenants-useful-links/

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#lha #localhousingallowance #mentalhealth #depression #emotionaldistress #homelessness #costofliving #rentincreases #rentcaps #reformbill #roguelandlords #emotionaldistress #discrimination #intimidation #depression #suicide #section21notice #eviction #yourrights #renting #landlords #tenants #privatelandlords #finacialdifficulty

How to Save Money and Stay Smart About Business Expenses 

Image via Pexels 

Written By: Suzie Wilson – HappierHome.net

How to Save Money and Stay Smart About Business Expenses 

As a new business owner, it’s easy to get caught up in the day-to-day and lose track of your expenses. Whether you’re spending money on office supplies or hiring new employees, it’s important to be mindful of how much you’re spending. After all, your bottom line is what’s going to keep your business afloat. 

Track Your Cash Flow 

One of the most crucial things you can do as a business owner is to keep track of your cash flow. This means knowing how much money is coming in and going out on a daily basis.  

There are many ways to track your cash flow, including apps, spreadsheets, and even pen and paper. Find whatever system works best for you and stick with it. Doing so will help you avoid overspending and getting into debt. 

If your business is experiencing cash flow problems, finding new investors could turn your situation around as long as you proceed with caution. When you bring on new investors, you’re asking them to trust you and your ability to grow the business. You must provide a clear plan for how the money will be used and what the expected return on investment will be. 

If you can present a convincing case, new investors can be an excellent way to get your business back on track. They can provide the capital you need to cover daily expenses and invest in new products or services. They can also help you build relationships with other key players in your industry, which can give your business a boost. 

Choose Your Business Structure 

Establishing a limited company in the United Kingdom enjoys a variety of advantages. Owners have limited liability, meaning they are only responsible for the debts owed by their business up to the value of the shares they hold. In addition, a limited company can pass profits onto shareholders or directors free from any additional tax, providing both financial relief and freedom.  

Moreover, setting up as a limited company allows you to register at Companies House in England or Wales and reap the benefits of extensive UK-wide access to local legal and financial services. Ultimately, formulating a limited company is an excellent option for business owners seeking protection from liabilities with the added benefit of lower taxes. 

Spend Wisely 

In the early stages of running a business, it’s easy to get caught up in the excitement and make impulsive purchases. But you must remember that every pound counts. Before making any big purchases, ask yourself if it’s something that will benefit your business in the long run. If not, it’s probably not worth your money. And when possible, look for second-hand equipment. It can save you a lot of money and still allow you to get all of the furniture and equipment that you need.  

Determine Which Tasks To Prioritise 

When you’re first starting out, there are a million things that need to be done. But you can’t do everything at once. Determine which tasks are most important and prioritize accordingly. This will help you stay focused and avoid overwhelming yourself (and your employees). 

Keep Up With Your Taxes 

No one likes doing taxes, but they are a necessary evil of running a business. The sooner you get them done, the better. Procrastinating will only make the process more stressful (not to mention penalties and interest if you owe money). The best way to stay on top of your taxes is to set aside money each month, so you’re not scrambling come tax time

Use an Invoice Generator  

An invoice generator is a great tool for small businesses because it helps you get paid quickly and efficiently. You can customise a premade template with whatever designs and information you want. When customers receive their invoices via email, they can simply click a link to pay online.  

This saves you time and hassle by eliminating the need to chase down payments manually. Plus, it’s more convenient for your customers, which will encourage them to do business with you again in the future.  

Implement Strategies for Important Cost Savings 

Working smart instead of spending blindly is one of the key aspects that separate successful businesses from those that fail. Tracking your cash flow, forming a limited company, knowing when to spend, keeping up with invoices, and following the other tips above will position your company for long-term success! Remember that all the time and energy you invest now will pay off in the long run! 

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#companyformation #cashflow #cashflowforecast #spreadsheets #accounting #business #limitedcompany #taxes #businessstructure #companieshouse

Poverty & Mental Health.

Content:

  • 1. Poverty & Mental Health
  • 2. Mental Health
  • 3. Caring
  • 4. Robbing Peter to Pay Paul
  • 5. Social Experiment
  • 6. Grim Outlook
  • 7. Russian Invasion
  • 8. Depression
  • 9. What is money and how are taxes being spent-
  • 10. Wishful Thinking
  • 11. Suicides
  • 12. Suicidal thoughts
  • 13. The sad truth is people commit suicide because of debt
  • 14. Final Thoughs From The Editor
  • 15. Useful Links – Financial Matters
  • 16. Useful Links – Health Matters

To understand poverty and the consequence of how our monetary system affects mental health, we first have to understand currency and how debt is created. https://marketingagency.cymrumarketing.com/2022/04/09/the-hidden-secrets-of-money/

Mike Maloney – Hidden Secrets of Money.

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Poverty & Mental Health.

1. Poverty & Mental Health are on my mind. So I am reading this article: https://londonlovesbusiness.com/chancellors-family-accused-of-sheltering-a-large-part-of-their-income-from-uk-taxes/

I believe there are rules for one and not for the other? Did you know the federal reserve is owned by closely guarded corporations that get rewarded 6% of the world’s currency? (See Mike Maloney – Hidden Secrets of Money). Thus people who have a high net worth are given incentives to keep the economy wheels churning.

https://www.independent.co.uk/news/uk/politics/rishi-sunak-wife-tax-treasury-b2053923.html

Ms. Murty was quoted as saying…

“I understand and appreciate the British sense of fairness and I do not wish my tax status to be a distraction for my husband or to affect my family, for this reason, I will no longer be claiming the remittance basis for tax. This means I will now pay UK tax on an arising basis on all my worldwide income, including dividends and capital gains, wherever in the world that income arises. I do this because I want to, not because the rules require me to.”

(So my question is why has she never voluntarily paid the taxes before and it is only because her husband and herself are in the spotlight that she has changed her tune)? Imagine how the taxes of all NON-DOM could help the poor?

https://www.itv.com/news/2022-04-08/sunaks-wife-akshata-murty-to-pay-uk-tax-on-foreign-earners

This is comment is typically how one would attempt to save face. So why is it that NON-DOM rules exist, it obviously is to protect the rich?

This is one big game of Monopoly and who can have the most real estate and wealth at the expense of the rest of us.

To think 99% of the population wants to not only survive but live a happy life, why is it that the powers that be want to squeeze every last ounce of happiness out of us?

Nobody wants to struggle to pay bills or worry about where the next meal is going to come from. Yet in reality, it is happening.

https://londonlovesbusiness.com/price-of-milk-butter-and-cheese-are-set-to-soar-amid-rise-in-energy-price-cap-cost-of-living-crisis-and-the-war-in-ukraine/ I joked with my daughter that we could raise chicken and the following day it was announced there is going to be a shortage of eggs.

Mental Health.

2. Mental health Statistics show a growing body of evidence, mainly from high-income countries, that there is a strong socioeconomic gradient in mental health, with people of lower socioeconomic status having a higher likelihood of developing and experiencing mental health problems.

https://www.mentalhealth.org.uk/statistics/mental-health-statistics-poverty

Caring – The powers that be do not care.

3. Caring – People only care if they are directly affected by something or someone. This could be their beliefs in which they would be advocates or for people that they know such as family, friends, and sometimes even co-workers. It is the social connection people have with one another that allows them to show emotion to another person. The only other time people will care is they are on the job and must, i.e. Doctors & Nurses, Firefighters, Care-workers (who are doing good for society as a whole rather than getting personal), or if a person randomly witnesses someone that needs their help like for example if someone was injured or dying. Volunteering is an act of kindness but does not mean necessarily you care about an individual but more so about a cause. https://disabledentrepreneur.uk/category/emotions/ Politicians have to show they care because they would not have a job if they didn’t not only that it would cause a public uproar.

I once did a social experiment to get support from my family for my business and not one person bothered sharing or interacting. I drew the conclusion they did not want me to succeed.

People living below the breadline.

4. (Robbing Peter to Pay Paul).

Around 5.2 million people claimed universal credit as of September 2021, a decrease on the record-high six million recorded at the beginning of the year but still a marked increase compared to pre-Covid levels, which were around three million.

Anti-poverty experts welcomed a £20 weekly increase in payments for those claiming universal credit (UC) and working tax credits, introduced by the government at the start of the lockdown last year.

But the government cut payments back to pre-Covid levels at the beginning of October, despite widespread condemnation. That is a deduction of £80 per month and with everything rising including food and fuel costs how on earth is the government expecting people to survive???

If people were struggling before the increase what makes the government think they are not struggling after the decrease?

How many people are at breaking point or have been driven over the edge?

Does the government care that some people are in sheer distress and do know how to manage their money or know-how to survive? Yet the NON-DOMs of this world can get away without paying taxes. If the NON-DOMs did not hoard money just like the millionaires and billionaires and actually had wage caps the world would be a better place.

Social Experiment.

5. Social Experiment – I am always testing how well my articles do and my social media marketing efforts and thought to do a social experiment to see how well I would compete with a high profile person sharing their posts on LinkedIn, obviously I do not have the same amount of followers as this said individual but looking at his previous posts, for me I did not do too bad, in fact, I did better than some posts his entourage had written in the past.

So I have come to the conclusion I can easily be a social media manager for the posts and articles that this individual churns out but I do not get the same income, anywhere near in fact, to what these people get. I am certainly not going to beg or go cap in hand. I am confident though because I did share a post the powers that be zoned in on me, so they will know who I am talking about. Put it this way, he is very high up the ladder with platinum blonde hair and talks Queen’s English. My point is if I can get this article to be seen, I am open to opportunities to be hired for my services. such as content writing and social media management.

Grim Outlook

6. Grim Outlook – Russia is condemning the west and has threatened food shortages because of all the sanctions including exporting wheat. It is being predicted that we will be like Venezuela where families have had to make grim choices to survive. Venezuela has faced what some consider “the Americas’ greatest single humanitarian crisis.” The nation’s economy and the political structure collapsed even though it possesses the world’s largest known petroleum reserves. More than 5 million people fled the country and an estimated 91 percent of those who remain life in poverty. Nearly a third of all Venezuelans—more than 9 million people— are food insecure or malnourished. https://www.dailymail.co.uk/news/article-5449023/Venezuelans-eat-rats-dogs-economy-nosedives.html

“No matter how hungry I am I will not eat our cat”.

Therefore what is the future outcome for the poor who will have difficulty putting food on the table?

How does the government expect people to survive?

I am concerned for the people that will have serious mental health issues because of the powers that be playing God with people’s lives.

Everyone on this planet is here to survive and to be happy. If you take away people’s happiness then you take away people’s reasons for living.

I read all these online websites, white papers, and jargon about suicide but all it is is black pixels on a white background, all these people that go around stating they are experts would be useless and powerless in talking someone out of suicide. It is all noise, smoke, and mirrors.

P#tin is playing God.

7. Russia’s invasion of Ukraine threatens to spark a global food crisis, as simultaneous disruptions to harvests and global fertilizer production are driving up food prices and sending economic shock waves throughout the world. 

Ukraine still has some 20 million tonnes of wheat and corn left to export from the 2021-22 season that cannot be exported because Russia is blockading ports on the Black Sea and the Sea of Azov, leaving 100 foreign vessels stranded.

https://news.sky.com/story/ukraine-war-why-the-russian-invasion-is-leading-to-global-food-shortages-12572658

Depression.

8. Depression I will be the first to admit it, I suffer from depression and have done so for many years. I have managed it to the best of my abilities, but occasionally I will have my dark days. I will try to keep myself busy and have a dedicated website that I am the Editor of www.disabilityuk.co.uk which forwards to www.disabledentrepreneur.uk

Whilst writing about this I write with a heavy heart, this is NOT how we are supposed to live and this is not how I am supposed to live.

Do the powers that be, forget that we came to the earth with nothing and we will leave with nothing. So why be Greedy?

The powers that be obviously do not have a conscious.

Will the people that have caused all the atrocities to live fruitful lives or will they come back onto this earth to suffer a fate worse than hell? I believe they will come back to earth and suffer. Have they not thought that Karma can send them to earth to suffer in their next life. Yes, I hear you there will be the ones that do not believe in God or life after death, but what if their belief system was wrong and we are spiritual beings in physical bodies and that when we die we turn into energy or we teleport into different dimensions, (Quantum Entanglement) or worse still come back to earth to suffer another 80/90 years?

Do you think it is a coincidence there is only 1% of the richest people on this planet or is it there is 1% of pure evil? This then shows there are 99% of good people are being treated badly and are maybe only on this planet to be given a second chance and do good for the world. I for one would never want to be categorized be part of the 1% wealthy and would never want that sort of wealth, in fact, I am on the opposite side of the spectrum, yes I want my own home, have a nice car, heal my mind, body, and soul so that I can travel the world whilst I am still on this planet, but other than that I just want to live a happy, peaceful and happy life without any worries.

Money vs Currency

9. What is money and how are taxes being spent- I would love to see how the British taxpayer’s money is used and for what. I would only use w#r in defense not to start them. I would stop making money off the back of poor people to suit my own ends. The British public does not get a say in what happens with our country, it is all decided behind closed doors.

If you look at the Oligarch’s bank accounts that have been frozen and the Russian Banks that have their assets seized how is the P#tin W#ar still being funded? One needs to read between the lines to know what I am saying here. What is going to happen if the debt ceiling collapses or our bank accounts get frozen because they can, what then? What is happening with all the frozen currency and bank accounts where has the currency gone?

The power to vote – would you allow uneducated people to run your business, of course, you wouldn’t, so why do you give uneducated a chance to vote that do not understand the first thing about business, economics, or our monetary system?

Brexit – Furthermore, I could not vote because I was in the hospital on the day we were voting to stay or leave the EU, I wonder how many other people never voted that day? My point is that this tells me the voting was not accurate and the final numbers were decided for us.

The world is a very evil place, and although I do say there are many good people in this world, there are the ones that own the federal reserve that wants to destroy you and take away any prosperity. The scammers, the thieves, and the con artists that give you currency in one hand and take it away with the other. The people that lie in wait so that they can reel you in with the loans and credit cards to watch you suffer later. The financer (Mike Maloney) aptly explained the meaning of currency and said if there was only one dollar in existence and you borrowed it where would you get the second dollar from to payback of the first dollar plus interest?

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Wishful Thinking.

10. Wishful Thinking – I wish for this Dictator that caused these atrocities an eye for an eye and a tooth for a tooth” as it is said in the Bible, Book of Exodus 21:23–27. It is not for me to cast judgment but for God to punish people for what they have done wrong in the world that preys on the vulnerable.

I know the outlook looks grim for most of us but we can learn from this and teach people how to survive and find happiness. (If you find my article insightful please share it).

I have been given an opportunity to motivate, empower, teach and spread awareness. If the powers that be can see how well my articles are viewed they should give me a job. I should be rewarded for the good I do and not be punished by the greedy.

I have lived through my own war and have a battlefield of scars and one day when the time is right I will share my story, but for now I want to focus on what is happening in the world today and get people to notice that the world cannot suffer at the hands of the greedy minority. Too many lives are being lost and people are suffering from mental health and grief.

Suicides.

11. Suicides I have a question for the wealthy or the powers that be, or the 1%, if everything they owned suddenly was taken away from them and they found it hard to put food on the table and no matter what they said or did never got better but perhaps worse, how would they handle life?

Would they stand in the mirror every day saying “you can do this”? or would they give up the fight?

Not everyone has a strong mind., not everyone knows how to survive and some try to drown their sorrow in alcohol or take recreational drugs, or someone simply just give up?

12. Suicidal Thoughts.

I will admit I have had suicidal thoughts in the past over different life-changing events, but somehow have found the courage to battle on.

I have never forgotten the people that hurt me, tried to cause hardship, criticize me, or humiliate me. I may have forgiven, but never forgotten.

At one point I felt I was in a war zone of my own. I am here today not because of any support workers or from friends or family because the few that knew what happened in my life have not been there for me. I am only starting to tell my story now and I have learned one thing in my life, never rely on anyone and never tell them all your secrets and be careful who you trust or befriend. I am here because I know I am on a mission, but I do sometimes question my strength.

I am slowly starting to heal. With what is going on with the world I am now thinking that the only thing that is left for me is neuroplasticity, learn it, practice it and teach it. There is too much negativity in the world that suck out all our aspiration and happiness so we need to find a way to conquer and battle on, with positive thoughts. https://disabledentrepreneur.uk/category/neuroplasticity/

13. The Sad Truth & Stories of Suicides Due To Debt.

New research by Money and Mental Health Policy Institute, has found that 2.5million people with mental health problems who fell into debt during a pandemic considered suicide.

https://www.credit-connect.co.uk/news/2-5m-people-with-mental-health-problems-who-fell-into-debt-during-pandemic-considered-suicide/

https://www.huffingtonpost.co.uk/entry/problem-debt-pushing-people-to-consider-suicide-shocking-new-report_uk_5c054239e4b07aec5750f7bd

The sad truth is people commit suicide because of debt.

People who are unhappy, helpless, and scared, cannot cope with the same thing day in and day out and nothing they do to make things better materializes so one day they lose the will to live and the people that suffer after they go are their friends, family, and the cycle continues.

https://www.dailyadvent.com/gb/news/989709f52d5e890ed73969ecdd67f8c1-I-was-suicidal-and-100k-in-debt-after-losing-my-dream-job-on-CBeebies

https://www.business-standard.com/article/pti-stories/debt-ridden-businessman-commits-suicide-113050500228_1.html

https://www.manchestereveningnews.co.uk/news/uk-news/heartache-debt-ridden-dad-who-16625338

https://www.moneysavingexpert.com/team-blog/2019/10/i-ran-up-p1000s-in-debt-while-suffering-from-depression/

https://www.essexlive.news/news/essex-news/speak-up-essex-boys-suicide-2705056

https://www.forbes.com/sites/sergeiklebnikov/2020/06/17/20-year-old-robinhood-customer-dies-by-suicide-after-seeing-a-730000-negative-balance/

https://www.independent.co.uk/life-style/health-and-families/suicide-samaritans-mental-health-anxiety-depression-alcohol-drinking-debts-a9660101.html

https://www.dailymail.co.uk/news/article-2242259/Student-Toby-Thorn-killed-just-8-000-debt-wrote-suicide-note-BANK-letter.html

https://www.birminghammail.co.uk/news/uk-news/dads-suicide-note-revealed-plea-14932579

https://www.thesun.co.uk/money/7091971/crippling-debt-drove-our-sons-to-suicide-but-it-could-have-been-prevented/

Final Thoughts.

14. Final Thoughts From The Editor.

The way I see things is if you want to succeed in this world is one of two things, (1) you either have to rub shoulders with the people that matter and offer value or (2) have something that other people can relate to.

I look at these big agencies and the billionaires that own them yet profiling the CEOs they do not have a large social media gathering which makes me wonder what they did to get where they are today considering I am working at the same speed, probably doing the same job with a larger following than them, minus their payrolls?

I am available for content writing hire and social media management.

Useful Links

15. Finacial Matters.

16. Health Matters.

I was going to put a paywall on this article similar to what a lot of online newspapers are doing as I would love to campaign and speak on behalf of people on low incomes, but cannot afford to do it alone on my own salary. I know the majority of us are all in the same boat and we are all here to survive. I do have an advantage though I have a platform to put my point across and a large network of connections on LinkedIn connected to some very affluential people so my voice will be heard. I just need some support to be able to campaign further. If you do not want to hire me, please use the affiliate links embedded in the site or spare the equivalent of a cup of coffee for £3.00 this will go towards advertising and marketing costs. My next topic of discussion will be “How To Become A Billionaire”.

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#poverty #mentalhealth #depression #debt #hiddensectretsofmoney #mikemaloney #suicide #suicidalthoughts

Hidden Secrets of Money – Mike Maloney.

HIDDEN SECRETS OF MONEY

Michael Maloney is a financial expert, he is the host of the smash-hit video series Hidden Secrets of Money, the author of the bestselling precious metals book Guide to Investing in Gold and Silver.

Mike is one of the world’s most highly regarded investment education companies and a global leader in gold and silver sales.

Mike has traveled the world sharing his knowledge and passion for economics and monetary history with audiences from Silicon Valley to Wall Street, from Hong Kong to Rome.

Mike has researched financial markets, monetary history, and global economics, Mike discovered that the same economic cycles kept repeating over and over throughout history, from ancient times to the modern-day.

Mike is quoted as saying “For 2,400 years as people have lost faith in fiat currencies, they have turned to ‘real money,’ gold and silver,” and “Today the stage is set for a worldwide ‘gold rush’ to the safe haven of precious metals just when supplies of those metals are precariously low. The opportunity for those who position themselves accordingly, ahead of the crowd, is like none we will see again in our lifetimes.”

INVEST IN GOLD AND SILVER, CLICK THE AFFILIATE LINK BELOW TO SIGNUP!

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https://youtu.be/y-IemeM-Ado

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HIDDEN SECRETS OF MONEY

I have purposely not put these videos in chronological order because you need to watch the first video to get a grasp of what Mike is teaching. Mike teaches us about the money system and what is money and what is currency, yes there is a differences and how the global economy works.

The “Hidden Secrets of Money” videos are easy to understand and the concept of money should be taught in schools. We should all know how money and currency are created and learn about debt ceilings and deficit spending. This is also good for budding economists/financiers contemplating careers in the financial world.

About Mike Maloney.

Mike Maloney is the host of the smash-hit video series, “Hidden Secrets of Money”; former Rich Dad/Poor Dad advisor; author of the best-selling precious metals book.

Final Thoughts From The Editor.

If you see what is happening today with P#tins W#r, with all the sanctions, have you wondered how these people (Oligarchs/P#tin) are trading/living if their bank accounts are frozen?

If you look at the bigger picture w#ar is big business, the production, manufacturing, distribution of artillery, ammunition, staff, and operations, etc. Furthermore, the owners of the Federal Reserve get an annual 6% commission, on our hard-earned sweat and labor, yet no one knows who these people/corporations are because it is a closely guarded secret.

We are pawns in a massive game of monopoly.

We do not know what the future holds, banks have been known to close.

https://www.cymrumarketing.com/high-street-banks-closures-7/

High Street Bank TSB To Close Branches.

What would you do if your bank closed?

I am not an economist, I simply write articles on the financial sector and am an affiliate marketer, affiliated with BullionVault and CashPlus Bank.

“I believe in never keeping all one’s eggs in the same basket”.

“If you found this article useful, please share it with your friends family, and on social media. Let’s help each other build a brighter future”.

“The farther back you can look, the farther likely you will see into the future.”― Winston Churchill

Disclaimer – At Cymru Marketing Journal/UK Website Designers, we are affiliated with BullionVault and CashPlus Bank and may get a commission on each person that buys bullion or sets up a business bank account. If you are a digital marketer or wish to monetize a website/blog/article, just follow the “BuullionVault – Link or “CashPlus Bank Business Account” and start advertising these businesses today.

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#goldsilverbullion #debtceiling #fiatmoney #inflation #pricerises #costofliving #rateofinflation #globaleconomy #economy #truthaboutmoney #economists #hiddensecretsofmoney

Must-Know Tips for Navigating Late Payments and Protecting Customer Relationships.

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Must-Know Tips for Navigating Late Payments and Protecting Customer Relationships.

You love having your own business, but you could do without the occasional customer who misses a payment. As an entrepreneur, you depend on on-time revenues to stay afloat, yet you must also manage your customer relationships with care. It helps to learn how to collect late payments without making customers upset or ruining a professional reputation.

Use Invoicing and Payment Software

Rather than manually handle payments and invoices, business owners can use reputable payment and invoicing software. According to professionals, some benefits of using billing software include creating quick invoices, managing business operations easily, and improving brand identity. Invoicing software also lets you accept various payment options to meet your customers where they are regarding their ability to pay. Software that can authenticate bank account information can increase your payment options. With more payment options, you could increase your chances of receiving prompt compensation.

Use Contracts to Set Clear Payment Expectations

It often helps to get in front of payment issues rather than wait for them to crop up. If your customers sign a contract before you work together, use the document to establish your payment expectations. Specific details to note include due dates and details and late payment conditions and terms. Even if a customer does not pay you on time, you at least allow her or him to understand your expectations and get on the same page.

Offer Incentives for Early Payments

One great way to encourage on-time payments and protect your customer relationships is to incentivize early payments. For instance, you could offer a 2% discount for paying an invoice within 20 days rather than within 30 days. Offering an incentive could also safeguard your supply chain, boost liquidity and keep your stock moving at a steady pace.

Create a Process for Tracking and Chasing Payments

If you use invoicing software, it could make it easy to implement a process for tracking and chasing late bills. Your process could include automated past-due reminders, so you have one less thing to add to your to-do list. You could also establish follow-up points for when invoices remain unpaid after a specific number of days, such as three days overdue and one week overdue.

Make It Quick and Painless for Customers to Pay

One reason for late payments could be customers feel your payment options make it cumbersome for them to settle their accounts. Consider asking your customers their preferred methods for paying their bills, so you may implement them and show your customers you listen to them.

Create a Script in Advance

Rather than communicate off the cuff, create a script for contacting individuals about outstanding payments. The right words and your tone of voice could change a person’s mind for the better or the worse. Another reason to use a script is so you keep your goals and intentions in mind, no matter what the other person says.

Start with a warm tone and a gentle reminder of the past-due amount. If you must escalate your efforts, refer to the contract terms and what happens if the invoice remains unpaid. Endeavor to remain professional and polite, as hostility on either person’s part only worsens the situation.

You must move carefully when navigating late payments, and having the right tips helps you understand which moves to make. By learning how to handle the situation, you make yourself a better and more understanding business owner.

For More Financial Matters Please Visit This Page, Part of Our Sister Site.

#debt #debtrecovery #businessdebt #debtconsolidation, debtfree #debtmanagement #latepayments

Financial Difficulty Part (3)

FINANCIAL DIFFICULTY LOGO
THIS DOMAIN NAME IS FOR SALE AND WOULD IDEALLY SUIT A DEBT RECOVERY OR CONSOLIDATION COMPANY!

Disclaimer: Some of my words and the video are being censored and so I have put hashtags in place to the letters, hence why I have had problems publishing this post.

Introduction to our guide on ‘Financial Difficulty’ and what we have included at Glance (Part 3).

(W### Makes Money and The Truth About The Money System).

  1. Financial Difficulty Links.
  2. Monthy Financial Planner (Free PDF Download).
  3. Mental Health Links. (Depression, Emotional Destress, Stress, Anxiety, Panic Attacks, Grief, Suicidal Thoughts).
  4. Poverty Defined.
  5. Poor Credit Score.
  6. Cashplus Bank, open an account (no credit checks).
  7. Final Thoughts From The Editor.

1. FINANCIAL DIFFICULTY.

If you are struggling with finances do not brush them under the carpet, it will never go away and will only get worse. Interest grows every day if you do not stop it.

Talk to your creditors, they are after all still human although that may change in the future (AI Robots). Just take note. does your bank account control you or do you control your bank account?

If you are not good at talking over the phone, write your creditors an email or letter.

(I will try to provide a link for debt consolidation soon).

2. MONTHLY FINANCIAL FORECAST TEMPLATE

MONTHY-FORECAST-FORM-TO-EDIT-WORD-DOC

3. MENTAL HEALTH

These price hikes will inevitably cause people to have mental health issues, such as depression, anxiety, intrusive thoughts, emotional distress and may even lead to an increase in suicides. It may also cause people to turn to alcohol or recreational drugs to numb the problems they may have.

If you are worried about money, talk with your creditors you can come to some arrangement with them, after all, they would much rather get a payment than no payment at all.

You should NOT get yourself so worked up that you make yourself unwell.

If you feel you cannot cope talk to your local general practitioner doctor (GP).

Talk with a friend, neighbor, or family member. If you feel you have no one to talk to, reach out to the organizations I have listed in the link below. Here are some useful links if you have mental health issues or need to talk to someone: https://disabledentrepreneur.uk/useful-links/

Check out the following links if you suffer from any of the following:

Depression

Emotional Distress

Stress

Anxiety

Panic Attacks

Grief

Suicidal Thoughts

4. POVERTY DEFINED

The poverty threshold is defined as 60% of the median equivalent household income, with any household under this figure being described as “in poverty”.

In 2018/19 the poverty line for a single person was £147 a week, whereas for a couple with two young children it was £354.

5. POOR CREDIT SCORE!

OPENING A BANK ACCOUNT – (100% guaranteed approval once verified, there are no credit checks).

If you have a poor credit rating or are finding it hard to open a high street bank account, look no further, Cashplus Bank will help you, with no questions asked, they also have a credit builder.

6. CASH PLUS BANK

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Product – Activeplus: £5.95 Monthly Fee Consumer Product

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Product – Business: £69 Annual Fee (First Year Free) Business Product

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All products are designed to be faster, simpler, and smarter. Whether customers are looking for Personal or Business Banking services, we offer real-time services to help them manage their money 24/7 through our mobile app. We give 100% guaranteed approval once verified, there are no credit checks, applications can be completed in less than 5 minutes, and the customer gets instant access to a sort code and account number.

Customers also have access to the largest ‘over the counter’ banking network in the UK, through the Post Office, and can rest easy in the knowledge that Cashplus is fully authorized and regulated by the FCA, Prudential Regulation Authority and FSCS protected.

7. FINAL THOUGHTS FROM THE EDITOR

Nothing is so bad that cannot be resolved.

No matter what situation you are in, for example, if you are a business owner and the walls seem to be closing in with the mountain of debt from loans, etc, do consider consolidating your debts. The same goes if you are on a low income or unemployed, no one should be in a situation where they feel there is no way out.

If you think your utility prices are high do consider switching to another provider.

I have included two sites below for you to check out:

Your credit rating may not be great so consider opening an account with Cashplus Bank (They do not do credit checks and they also have Business Accounts).

Whatever your financial circumstances there are professional financial advisors that can steer you in the right direction. Did you know that Poverty increases the risk of mental illnesses, including schizophrenia, depression, anxiety, and substance addiction? Below is a PDF about Mental Health for further reading or alternatively visit our site.

Poverty-and-Mental-Health

You are not alone, there are millions of people in the same boat and some may not know what to do.

With so much uncertainty both globally and here in the UK the situation doesn’t look like it will ease for home buyers anytime soon and looks very grim. We now need to get ourselves prepared for the rough storm ahead”.


To find out more about managing your money and getting free debt advice visit, MoneyHelper, an independent service set up by the Government to help people manage their money.

If you found this article helpful, please take a minute to share this with your friends, family, colleagues, and acquaintances that in turn will share with their connections and will help to spread awareness.

#financialdifficulty #financialproblems #debt #consolidation #debtconsolidation #debtfree #creditcards #loans #switchutilities #utilityproviders #compareutilities #poverty #mentalhealthandpoverty #greed #inflation #pricerises #costofliving #rateofinflation #globaleconomy #economy #petrolprices #foodprices #truthaboutmoney

Financial Difficulty Part (2)

FINANCIAL DIFFICULTY LOGO
THIS DOMAIN NAME IS FOR SALE AND WOULD IDEALLY SUIT A DEBT RECOVERY OR CONSOLIDATION COMPANY!

Disclaimer: Some of my words and the video are being censored and so I have put hashtags in place to the letters, hence why I have had problems publishing this post. Also, some of the prices may differ but were correct at the time of publication on 03/03/22 according to https://homelet.co.uk/homelet-rental-index For more current data please visit: https://mashroom.com/blog/average-rental-prices-uk-and-london-21949

Introduction to our guide on ‘Financial Difficulty’ and what we have included at Glance (Part 2).

(W### Makes Money and The Truth About The Money System).

  1. Young People, Salaries Falling Prices Growing.
  2. UK Government Help with Fuel Costs.
  3. Cost of Living Breakdown Expenditure Calculations.
  4. Housing.
  5. Homelessness.
  6. Leaders and Dictators.
  7. What is Money and What is Currency (VIDEO -Temp Disabled).
  8. About Mike Maloney.
  1. YOUNG PEOPLESalaries Falling, Prices Rising.

Prior to the pandemic, wages due to furloughs and layoffs were unheard of but now a shockingly 24% of those aged between 18 and 34 had reported a fall in their wages employed in the sectors including hospitality and retail, it’s not surprising that they have seen their incomes fall, either as a direct result of a wage cut or due to a reduction in their hours.

Research by the think tank Demo, and KIS has found that only 30% of people reported a rise in pay since before the pandemic, whilst 70% have seen their wages either stagnate or fall.

When the young were asked why they took on a second job, some responded that they were worried about job security as their primary role could be at risk in the future. Although having a second job may boost their finances in the short term, the additional pressure of long hours may take its toll on a person’s well-being.

A third of the population fears that the worst is still yet to come and has a genuine concern about the soaring prices which would have a negative effect on their lives, physically, mentally, and materialistically. The fortunate few who have had some savings will end up losing it all to counteract the impact of higher living costs.

The direct cost for heating and powering our homes, and the indirect cost of other goods and services, will inevitably affect our budgets and our quality of life.

Fortunately, the UK only relies on 3% of Russia to supply Gas to Britain, and it’s the global market that determines the wholesale gas price.

There will still be a knock-on effect for households in the UK if there is a shortage supply of Gas to the rest of Europe from Russia.

2. UK Government Help With Energy Costs.

What is laughable is the UK Government is going to give £200 to people in England and £150 in Wales to help with the increase of the cost of living, however, it is a loan, that you pay back at around £40 per year.

This equates between £12.50 and £16.67 a month towards their energy bills and if my bill is anything to go by Electricity £34.00 and Gas £90 per month totally £124.00 a month. £12.50/£16.67 is pathetic by my calculations if one still has to deduct £3.33 per month to pay the loan back. Residents in Wales will essentially have £9.16 off their predicted monthly bill of £250 this coming April.

https://www.facebook.com/ITVWales/videos/4902845049781665/

A person who has tax credits of £99.23 per week, how do they survive on £396.92 per month?

Minus £250 for Gas and Electric = Leaves a total of £146.92

Minus £58 for water = Leaves a total of £88.92 divided by 4 x weeks leaves £22.23 for food.

So what is the hidden agenda? is it to starve people or drive them to breaking point”?

Changes by the UK Government to National Insurance from April 1st, 2022 will mean that many working people will be seeing more of their income heading to the Treasury.

In addition, the rise in the energy price cap will mean serious rises in the cost of heating and powering your home, which for some such as the disabled, unemployed, households on low incomes and the elderly will be penalized the most, with the rising costs of basics like food, interest rate rises, and council tax hikes, people will be forced into poverty.

So is the Government expecting people to live on Ramen Noodles to survive?

https://www.walesonline.co.uk/business/personal-finance/how-much-poorer-you-going-23103307

These price hikes are going to be detrimental to people’s mental health and lives.

I understand that some people have a job that is based on 40 hours per week on the national minimum wage of £9.50 equates to £380 per week multiplied by 4 weeks £1,520.

3. Cost Of Living Breakdown Calculations Expenditure:

(Average Calculations Per Month In The UK).

( Links – Citations Embedded)

Rent: (£1,064)

Utilities: (£116) per month for gas and electricity and predicted to rise to £250 per month.

Water Rates: (£44) per month

Council Tax: (£158.00) per month

Petrol/Travel Costs: (£96.00) per month

Child Care Day Nursery: (50 hours for a child under 2£1,052 per month

Food £40.30 per week: (£175 per month)

Total Expenditure: £2,705.00

(**This total does not include clothing allowance, telephone, or broadband – Price correct at the time of publication 03/03/22).

For more current statistics please visit: https://mashroom.com/blog/average-rental-prices-uk-and-london-21949

https://www.theguardian.com/society/2021/may/26/poverty-rate-among-working-households-in-uk-is-highest-ever

Not everyone is lucky enough to have high-paid jobs and some people live alone.

For people who live with someone obviously, the majority of bills will be halved and not everyone commutes or has childcare.

However what about the self-employed that maybe only scraping by and are not making a profit and maybe paying back loans and credit cards and just living on tax credits?

Clare McNeil, the head of the IPPR’s Future Welfare State program said:

“It has trapped us in a vicious circle which, unless broken, will condemn us either to a constantly rising social security bill or to ever-increasing poverty among working households.”

Jonathan Reynolds, shadow work and pensions secretary, said:

successive Conservative administrations had broken the link between work and prosperityit is simply wrong that one in six working households can’t make ends meet while the overwhelming majority of children living in poverty have working parents”.

4. HOUSING.

KIS Finance Advisor Holly Andrews, MD said:

“At a time when the cost-of-living crisis is deepening, the global impact of the situation in Ukraine looks set to make the situation even worse. Rising costs on everyday essentials, alongside increasing interest rates, will stretch household budgets and be a further blow to those trying to get onto the property ladder”.

With rising costs on the horizon, there will be an increase in evictions and homelessness. People will simply not be able to live. Not everyone can manage their money well or set budgets, therefore I have designed a monthly financial planner for you to customize. I recommend starting a new planner each month.

Furthermore, shortages in the housing market are forcing prices to escalate, while rents are at some of their highest rates ever. With the cost of borrowing increasing alongside the rising cost of living, people saving for a deposit will find it hard to get on the property ladder because of mortgage income requirements which will implicate disposable income due to the rising cost of essentials.

5. HOMELESSNESS.

Local Councils predict evictions are to rise as much as 79% from privately rented houses as people struggle to make ends meet. The current pressures on the rising cost of inflation and living could see homelessness increase by as much as a third compared to pre-pandemic levels.

6. LEADERS & DICTATORS.

Fat Cat!

Privilege Leaders & Dictators.

It is ok for the privileged individuals that have never been without food or have never experienced poverty to dictate what the working or lower class should live on.

President Put## who is purported to be the richest man on earth is driven by greed, corruption, money, and power, yet what is waiting for him on the other side is going to be worse than any war he has ever created.

Imagine if their wealth was suddenly taken from them they would soon be singing a different tune. These people that have had lavish upbringings do not have a clue what the rest of the public has to do to survive. These people that have gone to private schools funded by their wealthy parents do not have one iota about what it is like to bring food to the table and to keep a roof over one’s heads. These people that pay £500 in the UK to aim to help society and get rewarded once they get a good enough following again may be clueless. (I have a better following than some MPs I know, but am not paid what they get). One does not need a specific qualification to become an MP as it is a job you have to work up towards although most people do have some form of higher education and the ones at the very top of the food chain have been either been born with silver spoons in their mouths or have had wealthy parents, spouses or connections.

Who controls our money system?

(Watch the Video Below)

Forbes 500 Rich List

Have you noticed the likes of Put## (who has been in office since 2012 ), the Rothchilds, and Rockerfellers are not on the Rich List of wealthiest people because they are the 1% that control the rest of the world and are far richer than the likes of Elon Musk, Warren Buffet or Bill Gates? Furthermore, The Waltons with $238 billion, The Mars with $142 billion, The Kochs with $124 billion, The Hermes with $112 billion, The Sauds with $100 billion, The Ambanis with $94 billion, The Wertheimers with $62 billion, The Johnsons with $61 billion, The Thomsons with $61 billion, The Boehringers and Von Baumbachs with $59 billion are also not mentioned. https://www.investopedia.com/articles/insights/052416/top-10-wealthiest-families-world.asp

This is what the Federal Reserve says about the money system: https://www.federalreserve.gov/faqs/about_14986.htm

Yes, I know Pres##### Put## came from humble beginnings but he made affluent connections when he joined the K##. It is sometimes the case of not what you have or what know but more so who you know, that can open doors…

7. WHAT IS MONEY, AND WHAT IS CURRENCY?

To know how the system works one needs to educate oneself about money and currency. The video below explains the process.

Fiat money has no value unlike gold or silver, it is what the federal reserve prints out, keeps on printing, and lending out with the only goal to charge interest on worthless pieces of paper, which people have to slave over.

The price of gas in the ground does not inflate in value it is the price the fat cats put on to make themselves richer. This is sacrilege, but then again if they cared about people they would not cause wars. We are just a number to them and they will not mourn you if you die.

President Put## does not care about his people or his army, you will not see him on the front line fighting with his army, he will be tucked away in his shiny kremlin office somewhere unlike Ukraine President Zelen####, who is fighting to save his country.

President Put##’s only intention is to gain power, money, and control. He does not care that sending out troops may not return, he does not care about the families of the soldiers that died in the line of duty, and that their family’s worlds will be turned upside down. He only cares about lining his pockets, gaining control of a country, and dictatorship.

Ukraine – Pres#####t Zelens###

Ukraine is now ordering all men, between 18 -60 to train every abled body male to help fight the w##. These men have no choice they have been conscripted as per the orders of Ukraine’s “Pres##### Zelens###”, although he has been seen in combat uniform himself. He has also pleaded with other countries to help.

This senseless act by “Pres##### Put##” is so that the fat cats get richer and for everyone else to get poorer.

“We have one life, one world and we come into it with nothing and we leave with nothing, so why be greedy and not share equally”.

Video Temporarily Removed For Testing – I suspect my post is being censored because I cannot open this article on all the browsers properly, so you should search for the keywords “hidden secrets of money” on youtube.

8. ABOUT MIKE MALONEY

Mike Maloney is the host of the smash-hit video series, Hidden Secrets of Money; former Rich Dad/Poor Dad advisor; author of the best-selling precious metals book.

For more than a decade, Mike’s traveled the world sharing his economic insights with audiences from Hong Kong to Rome and from Silicon Valley to Wall Street.

A life-long inventor and serial entrepreneur, by age 23, Mike had already founded a sales firm, Michael Maloney & Associates, growing it to five employees and two branch offices. He went on to become a manufacturer of high-end stereo equipment, where his designs won numerous awards, including selection in 1992 as one of only five permanent exhibits for display at the opening of the 20th-century design wing of the Royal Victoria & Albert Museum in London, the world’s greatest design museum.

Citation – https://goldsilver.com/about-mike-maloney/

#financialdifficulty #financialproblems #debt #consolidation #debtconsolidation #debtfree #creditcards #loans #switchutilities #utilityproviders #compareutilities #poverty #mentalhealthandpoverty #greed #inflation #pricerises #costofliving #rateofinflation #globaleconomy #economy #petrolprices #foodprices #truthaboutmoney

Financial Difficulty Part (1)

FINANCIAL DIFFICULTY LOGO
THIS DOMAIN NAME IS FOR SALE AND WOULD IDEALLY SUIT A DEBT RECOVERY OR CONSOLIDATION COMPANY!

Disclaimer: Some of my words and the video are being censored and so I have put hashtags in place to the letters, hence why I have had problems publishing this post.

Introduction to our guide on ‘Financial Difficulty’ and what we have included at Glance (Part 1).

(W### Makes Money and The Truth About The Money System).

  1. Cost of Living increase and Financial Difficulty.
  2. The impact of the war on the UK.
  3. Petrol/ Diesel Prices.
  4. Food Prices.
  5. Investments.
  6. Inflation.
  7. Cost of Living Key Statistics.

The Poor are Getting Poorer in the UK.

  1. Cost of Living Increase And Financial Difficulty.

Households are already feeling the pinch, in the UK & in the US by the rising cost of living, while wages struggle to meet the astronomical increases in overheads.

Inflation increased by 7.5% in January in the US – the highest level is seen since February 1982, due partly to food and energy prices.

Supplies of energy, food, or other commodities like metals are to rise because of the Russia-Ukraine c###f###t and the UK leaving the EU with a shortage of workers and lorry drivers, prices could be pushed up even further.

This is a very worrying time for the Global economy.

Low-income households and working families are having to come under increasing financial pressure as prices soar.

The worst hit is going to be the families with three or more children of any family group, including single parents, and couples with a single earner will suffer significantly with declining disposable incomes.

Property prices, private sector rent hikes, and crippling childcare costs, all amount to the UK having an all-time record high poverty rating, according to the analysis of official figures released last month.

Martin Young, a financial analyst at the banking group Investec, has expressed concerns and has warned that household fuel bills in the UK could reach an all-time high of £3,000 per annum.

Motoring groups have also said the average petrol price had already hit a record high of nearly 149.5p, with diesel at 152.83p.

Another concern is aviation fuel, if airlines then decide to pass on the increased cost to the customers, then inevitably the price of a plane ticket could rise.

A senior investment and markets analyst at Hargreaves Lansdown Susannah Streeter, said :

” Oil and gas prices are ‘marching upwards’ and there could be ‘even higher prices to come. Wars are by their very nature inflationary, and this would particularly be the case with Ukraine when considering Europe’s dependency on Russia for oil, gas, and key ingredients like wheat, so sanctions would hit hard and shortages of supplies could see prices shoot up furtherThe extra pounds on bills are piling up for hard-hit families, with the increase in fuel, energy, and grocery bills set to hit lower-income households harder as a higher proportion of their outgoings will be spent on travel costs. With budgets being squeezed further the likely knock-on effect will be a hit to consumer confidence after any lockdown savings are worn away.”

2. The impact of the w#r on the UK.

How will Russia/Ukraine w## affect fuel prices in the UK?

Russia is one of the UK’s oil suppliers and increases are on the way as a result of oil hitting $106 a barrel and the pound weakening, making wholesale fuel more expensive to buy for retailers in the UK.

The Nord 2 natural gas pipeline from Russia has been halted which has caused prices to rise by 13% in Europe by German Chancellor Olaf Scholz which will cause prices for food and energy to soar affecting millions of households, whilst the UK’s equivalent rose by 8% and US crude oil went up to 1.4% and escalated to 3% leaving energy markets volatile.

Russia supplies much of the oil and gas which may well lead to distribution and shipping prices increase, whilst Ukraine supplies vast amounts of wheat, corn, sunflower products, and grains.

Financial analysts predict that w## could impact the production of grains and even double global wheat prices, consequently severely impacting shoppers in Egypt, Turkey, and many other countries, in particular North Africa, which relies on the import of wheat and corn.

3. Petrol/Diesel

People commuting to work or simply relying on their cars for school runs, hospital appointments, and grocery shopping will have to brace themselves for what’s to come, with many households on lower incomes having to make difficult choices as a result of needing to put fuel in their cars.

Russia is the second-largest exporter of oil after Saudi Arabia causing prices to inflate exponentially in the midst of trying to control the world’s oil supply which will impact petrol prices in the UK. Petrol prices have been rising for some time, but have now hit an all-time high of £149.30, with industry experts predicting that prices could soon reach £1.50 per litre.

4. Food Prices

The consequence of the Russian war on Ukraine could also hit shopping baskets around the world. Russia is the biggest exporter of fertilizers which could impact farmers.

Disruptions to the supply and availability of produce could severely impact the global market. Ukraine exported more than 40% of its wheat to the Middle East & Africa last year alone. However in contrast the UK produces 90% of the wheat consumed.

Once dubbed “the breadbasket of Europe”, Russia and Ukraine export about a quarter of wheat and half of their sunflower products, like seeds and oil globally.

5. Investments

With sanctions imposed and bank accounts frozen, Russian stocks have crashed by as much as 45% after the news of the invasion of Ukraine, with banks and oil companies among the worst-affected.

In Europe, the UK’s FTSE 100 index fell more than 3% and Germany’s Dax index was nearly 5% lower.

6. Inflation

First, the rise of inflation was blamed because the UK had left the EU and as a result because of a shortage of workers mainly lorry drivers from eastern European countries in the import-export industry. Now the rising costs are being blamed because Russia and Ukraine are at w##, which is very real and very concerning, and with inflation already jumping to 5.5%, it is the highest level in almost 30 years.

The current rate of inflation is over double the ideal level of 2% that the Bank of England aims to maintain. With increases predicted to be around 7%.

The Bank of England in February said to increase interest rates to 0.5% has put further pressure on stretched household budgets, as mortgage and loan repayments increase, the Bank of England continued to say that further interest rate hikes are likely, linked to the current global uncertainty and the need to try to control inflation here in the UK.

With inflation on the rise, wages in the UK are predicted to be lower by 2026 than they were even during the credit crunch in 2008, this worrying trend looks set to remain for some time. Whilst inflation is normally linked to wage increases and a growing economy it can also be affected by wars.

Russia Conf#### With Ukraine.

7. COST OF LIVING

Key Statistics

KIS Finance research has revealed (57%) are already struggling financially, as a direct result of the rising cost of living.

KIS Finance’s research found:

  • That a staggering 27% are already struggling financially as a direct result of the rising cost of living.
  • With 30% of households anticipating financial problems in the very near future as the impact of rising prices bites.
  • Young people between 18 – 24-year-olds reported 35.5% already have financial problems.
  • 36% of People in the age group of over 55’s said they were worried that the financial pinch will hit them shortly as prices continue to rise.
  • 30% in the South East of England are already struggling financially.
  • An amazing 22% of young people between 18 – 34-year-olds have had to take on an additional job since the Pandemic.
  • Anyone who is thinking about retirement in the next few years may now be reconsidering whether they can afford to do so.

#financialdifficulty #financialproblems #debt #consolidation #debtconsolidation #debtfree #creditcards #loans #switchutilities #utilityproviders #compareutilities #poverty #mentalhealthandpoverty #greed #inflation #pricerises #costofliving #rateofinflation #globaleconomy #economy #petrolprices #foodprices #truthaboutmoney