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Pensioners...new Energy Prices, And Cutting Back

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pastafreak | 13:40 Thu 10th Mar 2022 | Society & Culture
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This is really for anyone on a fixed income.
Do you expect to be cutting back in order to pay for fuel price increases?
What will go...days out? Clothing? Food?
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Surely most people are on a 'fixed Income' ?

Will I be cutting back? No, not at present anyway but if I did it would have to be on both eating and fuel, I dont buy clothes very often so nothing to be saved there. Food though, like many I eat more than I need and heating I can put a pully on.
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Oh...and what would you do if you were on the standard UK pension?
If I'm not mistaken, you've mentioned having both a jag and a Mercedes. That's a different level of fixed income.
Just before Christmas, i worked out that i spent almost £500 per year on newspapers! On Boxing Day, i cancelled all bar my Saturday paper. Usually around half a dozen race meetings on a Saturday and having the racing pages to hand saves quite a lot of time searching for stats on line.
in all honesty, pensioners have consistently got a better % increase than my wages!
i consider my income pretty fixed - i couldn't do any more work than i do and dont have much in savings. the only thing not to have gone up in the last 2 months is my car insurance, which went down by £50
I doubt if many are simply on "the standard UK pension". If you were you should be entitled to some other benefits.

Fortunately I get more than that, and
a) being a long term saver I am used to budgeting
b) if I did need to cut back there are some things I can easily do without.
that should read 12 months. mortgage gone up too.
in all honesty we could save a load if people would just SWITCH THE BLOODY LIGHTS OFF occasionally!
For now lets just hope the summer starts early. There are always ways you can cut back if you take a little time to think about it.

However with such large increases all round , including food prices that will increase a lot lot more due to fuel prices, its going to be difficult. But ever little helps.

also, probably we'd cut back on extra curricular stuff for my daughter who seems to do a lot of expensive things (choir, piano lessons, swimming lessons)
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I got rid of some subscriptions when I had to pay my share of a new roof last year. I still have one online subscription to the NY times which is a lot cheaper than buying it!
My monthly pension increase will pay for half of the projected gas/electric increase...never mind all the other possible increases.
Isn’t it sad, many many of today’s pensioners will be feeling the pinch. Not much to look forward to is there? ( for some).
I’m thankful I can manage even with the increases .
The other problem is that apart from genuine increases you also will have a lot of profiteering going on.

So no more covid profiteering, its now...........
Its never a good time to be old Ann, but lets face it now is just s**** and you are in even bigger trouble if you need hospital treatment, or even a fully working local surgery.
Pasta, I think it is a foregone conclusion that someone on state pension only is going to struggle.I imagine most of them will cut down on heating.
bednobs, couldn't you at least monetise her by sending her up the chimneys after piano practice?
i dont think she'd fit - she has a big tummy
which seeing written down leads me to belive we should probably cut back on food bills too
Already cut right back on food and heating, switching off lights and unnecessary electricals, heating off bar an hour in the morning, I can cut food back some more and I am having a clear out and selling stuff I don't use, I will eventually ration car use and walk/shop as close to home as possible, roll on the warm weather. might look at cooking meals on the bbq to save using the cooker
Can I just say that if you get notification that something has gone up, phone the company and see if they can offer you a better deal.
I've done this already with TalkTalk and my boiler insurance.
I don't like having to do it, but I'm glad that I do.
People are still buying physical newspapers? Why?
Just had my fuel usage projections. £800 per year extra on top of the usual £1200.
Then petrol increases, food increases, etc. I don’t smoke, drink, or fornicate. My clothing has gone out of fashion and come back in again. Options? One day at a time, don’t worry be happy….

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