Rivelato: il numero di persone che non avrebbero affrontato se avessero una fattura improvvisa per € 1.000

Revealed: it’s every person on the island

Can’t they just dip into their trust funds?

I can’t read the full article, but I can see it says that 14% of people would not be able to cope with it.

A lot depends on the framing of the question, and other choices available to respondents, but a similar question asked in a 2022 poll came back with a much larger percentage (54%) saying that they would not be able to pay an unexpected €1,000 bill:

https://www.thejournal.ie/cost-of-living-poll-amarach-5855398-Sep2022/

I guess being able to pay is different to being able to cope, but it an interesting comparison nonetheless.

I don’t think these things are that accurate. For example we save over €1000 per month into pension. Got into the habit of doing that since we started saving for a mortgage and just changed it to pension after mortgage. If a survey asked me could i cope with a sudden bill of €1000 I would also say no. But its not because I can’t afford it. It’s because I would have to not save it into my pension and at this point it would really annoy me to have to stop the money going into the pension to pay the bill as I think what’s going into the pension is necessary.

What they need to be examining is the effect that inflation, housing costs and stealth taxes are all having on ordinary people. Firing single question surveys that people can have wildly different answers from the actual reality is not helpful at all. Ask them how has inflation effected them? Or do they feel they have not got enough money at the end of the month compared to the last few years now? Do they feel they get value for the taxes they pay? Can they afford to pay all the stealth taxes that people have to pay nowadays.

I’d manage it, but it would piss me off because it would mean I’d need to take money from an account where I’m saving for something else, which I dint want to be doing if I can help it.

Could I cope? Yes. Could I pay it? No.

Weird wording.

Set up a rainy day pocket on Revlout about a year ago and its funded by the spare change feature. Without really noticing its grown to just over €1,500. Handy to have there if a major part goes on the car, that happened a couple of years ago to the tune of €1,100 and I had to dip into savings to pay it up front and then replace it later.

As someone on Disability Allowance, that would effectively be an entire months “wage”.

I always remind myself how lucky I am that I have a mother and brother who are hugely supportive, but it does worry me so much what the future holds.