Now don't get me wrong, I have all the sympathy in the world with people who have lost their jobs as a result of the current recession. Or those people who have see their pension funds or investments decimated by the drop in the markets. I even have some sympathy for those people who need a small cash injection to keep their house but can't get the bank to lend them money.However, what I am absolutely do not have time for are the younger generation who are just jumping on the media bandwagon. I have lost count of the number of times that someone my age has complained about not having money, or moaning about the current tough times. Last year I was invited to a "Credit Crunch" party which involved sitting around someone's house because apparently everyone was so hard hit by the financial crisis we couldn't afford to buy a few beers in a pub somewhere.
Let's be honest people, at our age, you are unlikely to be facing a credit crunch. You're probably renting or god forbid, still living at home, so living costs haven't changed terribly. Even if you have a mortgage, interest rates are at a ridiculously, historically, low level so that shouldn't be affecting you too much. Inflation has now dropped in the negative on one particular index, and most shops can't discount their tat quick enough to get us buying. Going out in London is expensive, I give you that, but with the number of gypo 2 for 1 vouchers going around, it's almost impossible to pay full price for a meal these days* (as a side note, am I the only one who feels like a massive cheapskate when I flash my tattered voucher print out to a waiter?)
Basically, the credit crunch isn't why you have no money to spend. You have no money to spend because you keep spunking it on sh*t you don't need. If you still have a job and show some God-damn restraint then life is no different. Unless you had thousands of pounds worth of life savings in an Icelandic joke of a bank or in a unit linked investment fund (that means stock market for you Sun readers out there), then your future is probably looking no worse than it was a couple of years ago when you also had no money.
In short....build a bridge get over it. Leave the whinging to the poor buggers who have no job
*the price of beer however, is a different matter!
LH



