It is very difficult where to invest at the moment, with such low interest rates. It does make many of us take a risk with less secured investments and no government protection back up. Everybody must do what they feel comfortable with and this will differ from person to person, depending on needs, life style and dependants.
Running the house is also a possible future concern, and when one of a pair kicks the bucket (no insult meant, this is the way I talk) many pensions also stop. I know for a fact that when one of us kick the bucket, the others pension will NOT cover the household bills, and a serious down size would be needed. Even then, savings would most probably be needed otherwise it would just be an existence!
For us, it is a constant juggling matter, and trying to guess what comes next!
Keeps us on our toes!
we also try not to waste money, aires, free camping and occasionally cheap camp sites. Generally, we do BBQ or cook inside, with the odd meal at value for money restaurants. heating the home is the expensive one, and we have just managed a full year heating a detached house, including cooking for a cost of £696, which I think is pretty good! And we don't believe in cold! In contrast, we have a close relative who spends double that on a semi!
Last edited by grath; 02-01-2017 at 10:37.
Graham+Kath = grath
Tramping the Dream, Chasing Rainbows & Enjoying the Pot of Sunshine