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Credit crunch

Louise
Parenting specialist DoppleMe

Hi everybody.

How are you all coping with 2009? The term "the credit crunch" has been bandied about and some people say that the media have exaggerated matters. What do you think? How has the "credit crunch" affected you? Are there any good things as well as bad?

(Please note that on the One Space homepage there is a section devoted to money advice and also a video made by Karl from the Citizen's Advice Bureau)

Look forward to your views

Louise :)

Posted on: January 8, 2009 - 3:02pm
tigerlily

Hi every1

Hmm trying to think of any positives to do with the credit crunch might be to look for a needle in a haystack Louise, I suppose one good thing is that perspectives have changed, I dont expect so much (not that I expected much before, lol!) and the kids are more likely to accept my reasons why I cant afford the designer trainers.

I keep seeing on telly about all the great bargains that are supposedly in the shops but I havent seen many, the stock sale at Woolies seeemd to be just little kids clothes. I do know that my fares to get to work have gone up by just over a quid a day, far above what they say the inflation rate is. I have started cooking from scratch a lot more seeing as it is cheaper and my Mum gave me her old breadmaker so I am doing that most days, I suppose that is a cheat and I would be doing the kneading and proving as well if I wasnt so busy.

At least turning the heating off earlier in the evening gives me an excuse to go up to bed at 9pm ;)

TL

Posted on: January 13, 2009 - 1:46pm
Rosedragon
DoppleMe

I've been made redundant. I worked for Woolworths for 5 years, started in November 2003 as Christmas staff and stayed. I worked 3 evenings a week and it got me out of the house, gave me a bit of independence, gave me my confidence back and gave me friends. It was a colleague that helped me leave by renting me a flat for 6 months. In a way I owe that job my life.

Financially I'm Okay. I was effectively only working for twenty pounds per week cos I'm on IS. I'm hopefully starting a college course next month and I'll get paid fifteen pounds a week for doing it, so I'll only be a fiver down.

Still very sad to see Woolies go though. :(

Posted on: January 15, 2009 - 10:18pm
Anna
Parenting specialist DoppleMe

Hey Rosedragon, how very nice to hear from you :D

Although sorry to hear about the redundancy, I am sure many single parents on this site will miss Woolies, I know i will, you could always rely on them to have what you needed!

Anyway, great that you are starting college though, new beginnings eh?! I hope you meet some good people on the course and your social life keeps going. Thats great that they are going to pay you to go, I didn't know about that!

Hi tigerlily,how is the bread making going?? I forked out £35 for one of those, but found that the bread was really heavy and it was all too much keeping on top of what ingredients we needed to have in the house and what the local supermarket actually stocked, so I have now stopped eating bread altogether!

Posted on: January 16, 2009 - 2:05pm
sparklinglime
DoppleMe

Rosedragon said

"I've been made redundant. I worked for Woolworths for 5 years, started in November 2003 as Christmas staff and stayed. I worked 3 evenings a week and it got me out of the house, gave me a bit of independence, gave me my confidence back and gave me friends. It was a colleague that helped me leave by renting me a flat for 6 months. In a way I owe that job my life.

Financially I'm Okay. I was effectively only working for twenty pounds per week cos I'm on IS. I'm hopefully starting a college course next month and I'll get paid fifteen pounds a week for doing it, so I'll only be a fiver down.

Still very sad to see Woolies go though. Rosedragon "

I'm sorry that you've been made redundant. As you say, sad to see Woolies go.

Best wishes with College.

Posted on: January 16, 2009 - 3:04pm
tigerlily

Hi every1

Good luck with college Rose. I am sorry you have been affected by Woolworths closing.

I finally found something good about the credit crunch, I dont get any more junk mail offering me credit cards, until a few months ago I got several per week!

Anna the breadmaker is a boon, I have only done white bread so far but today have done a 70% wholemeal one, cant wait to see how it turns out. Anyone who wants one or any other items of equipment, I would recommend your local Freecycle, I have had loads of stuff from it and given things away too

TL

Posted on: January 17, 2009 - 6:19pm
Louise
Parenting specialist DoppleMe

I'm just bumping this to the top as it is very topical just now. Unemployment seems to be an increasing problem....so it is ironic that there are moves afoot to get more lone parents into work when there are so few jobs for them to apply for. Also, the credit crunch seems to be giving employers more power as the people in work can't leave if there is nowhere else to go.

I have to say I am surprised that "market forces" haven't kicked in more- I thought there would be loads of almost giveaway holidays and knockdown prices in the shops, not so up here, has anyone else noticed differences?

Louise :)

Posted on: April 1, 2009 - 1:01pm
Blusey7

I know that we touch on this in 'food glorious food' but I have just come back from doing my Iceland shop to stock up my freezer, nothing fancy but the easy stuff to do for kids teas when we are off out in a hurry... last time I went I spent £60 and was amazed as previously I had been spending £40.. this time it was £70!! there are lots of so called "bargains" to have but where as previously it had been 2 for £2 its now 2 for £3 or instead of "buy 1 get one free" its "buy one get one half price". The supermarkets have great marketing ploys to drag us in and then also bump up the other items but and extra 50p -75p a time. My usual brand of washing powder had gone up a whole £3.00 since last year and I have to be careful as both my son and myself have sensitive skin so I haven't been able to use the cheaper brands.. thankfully though I have tried the Tesco own washing tabs and we haven't had a reaction to that. There are so many hykes in prices and now the petrol prices are rising again with the increase in fuel tax which our dear Mr Brown said he would freeze... it's us who are on lower incomes that are suffering and are unable to do anything about!! I thought the Labour government was all about working class but they have made such a mess over things... I wonder if there is a government party out there that could possibly help us ever???

Posted on: April 16, 2009 - 3:23pm
tigerlily

Hello Blusey

I have bought some of those eco wash balls. They are not good with whites (my son's school shirts look a bit naff) but fine on coloureds, they cost me £9 to start with but I just keep some washing tabs for a half load of whites each week and do everything else with washballs. They come with a refill and I have been using them very regularly for 3 months now and they are nowhere near needing the refill. They wouldnt be good for toddlers because they dont get tough stains out but for ordinary washing including towels, bedding and general stuff then they are great.

Cheers

TL

Posted on: April 16, 2009 - 4:21pm
Louise
Parenting specialist DoppleMe

Hello Blusey

Yes I agree about the supermarket prices. During a period of ill-health last year I did my shopping online and had it delivered. So I was not prey to seeing new things, offers etc, I got more or less the same stuff every week and I suddenly noticed that I was spending almost £20 a week more! Now I prefer going in person and scrutinising everything :roll:

Take care

Louise

Posted on: April 17, 2009 - 8:26am
Blusey7

tigerlily wrote:
Hello Blusey

I have bought some of those eco wash balls. They are not good with whites (my son's school shirts look a bit naff) but fine on coloureds, they cost me £9 to start with

thanks for that tigerlily, where did you get them from??

Louise, it definetly is time to scrutinise everything.. Also I've leant not to take the children with me as things can end up in the trolly without me realising and also that old addage.... don't go shopping when you are hungry!! :lol:

Posted on: April 17, 2009 - 10:17am
Anna
Parenting specialist DoppleMe

Hi all, just reading your posts, and want to share my bug bear......

Tinned tomatoes used to be 15p in my local supermarket, they are now 35p, aaargh, they were always part of nearly every meal I ever cooked for about 10 years. I am so furious about it. I know loads of other things have gone up to, but those tinned toms have really got my goat! :x

Posted on: April 17, 2009 - 11:10am
sparklinglime
DoppleMe

I think the cost of bread was the biggest shock for me.

Posted on: April 17, 2009 - 12:20pm
tigerlily

I got my eco wash balls from Lakeland Plastics but I have seen them on the shopping channels as well.

I have mentioned before that I make my own bread, but I was lucky that someone gave me their old breadmaker as they are expensive, but now I have got one then the bread is MUCH cheaper and it is nice to know that we are eating natural stuff.

yes tomatoes have gone up loads, Anna, I am not organised enough to grow my own but one tip I have for people is to consider using passata, (sieved tomatoes) the main supermarkets all have it at 41p for 500 grams in their basic ranges in a cardboard type carton, but as it has a more concentrated flavour than the tomatoes then you can make it stretch further so it is like 20p per meal

TL

Posted on: April 17, 2009 - 2:08pm
Anna
Parenting specialist DoppleMe

Thankyou for the tip tigerlily!

I also use passata, but i find that tinned toms have more substance when needed!! meaning they are bulkier if you get my drift? ;)

Posted on: April 17, 2009 - 2:28pm