DBTALKS 🇬🇧

Money, everyday life & the ridiculous price of things.
Then vs now. Investing. Housing. The odd rant.

[DBTALKS 🇬🇧 @dboytalks]

Went out for food yesterday and it got me thinking…

Tesco fillet steak: £7.50
Miller & Carter: £35.95

Nearly 5x the price to have it cooked and served.

I love eating out, but seeing the numbers side by side really makes you think.

Worth the premium?

[DBTALKS 🇬🇧 @dboytalks]

@darby507 What if it’s the first big bill in the last 5 years? Still time to replace?

[DBTALKS 🇬🇧 @dboytalks]

My car is 11 years old and worth maybe £5k.

Last year I spent £1,400 on the timing belt, brakes and tyres.

Sounds mad.

But replacing it with something noticeably better would cost £20k+.

Sometimes the cheapest car is the one you already own.

[DBTALKS 🇬🇧 @dboytalks]

@PaulOBr41654411 Absolutely love his and you also have the car which you own outright

[DBTALKS 🇬🇧 @dboytalks]

@dominikymd No, that was the first big payment for a fair few years

[DBTALKS 🇬🇧 @dboytalks]

@StocksandDares Hope you had a good one mate

[DBTALKS 🇬🇧 @dboytalks]

@ec265 Exactly this mate. If it’s serving a purpose keep hold!

[DBTALKS 🇬🇧 @dboytalks]

@PeterPa61383006 It for sure is. I’ll dig out the receipt when I get chance.

[DBTALKS 🇬🇧 @dboytalks]

@the_man_that Wealth is also health

[DBTALKS 🇬🇧 @dboytalks]

The older I get, the more I realise wealth isn’t really about owning expensive stuff.

It’s owing less.

Less mortgage.
Less debt.
Fewer monthly payments.
More of your salary actually belonging to you.

That’s the bit I’m chasing.

[DBTALKS 🇬🇧 @dboytalks]

@MazzaInvests I would absolutely go and do my own thing

[DBTALKS 🇬🇧 @dboytalks]

@FarOutAndCosmic Amazing what car do you have?

[DBTALKS 🇬🇧 @dboytalks]

When did £50,000 become a normal price for a car?

Walk around a used car dealership now and £40k, £50k, even £60k in the windscreen barely looks unusual.

£600+ a month just to have something newer on the drive.

I genuinely don’t know how people do it.

[DBTALKS 🇬🇧 @dboytalks]

@glenrock Yes that’s right. We are just about developed enough to have hot and cold water taps here on a sink typically 😂 even though it doesn’t always feel like we are

[DBTALKS 🇬🇧 @dboytalks]

£1,250 for a tap. £15 for a kettle.

Both give you boiling water.

One does it instantly.
The other leaves £1,235 in your bank account.

I know which one I’m waiting 3 minutes for.

[DBTALKS 🇬🇧 @dboytalks]

@Treybaeai Oh wow I remember having a fair few quid in this!

[DBTALKS 🇬🇧 @dboytalks]

@glenrock Yes I do recall this. Also; the prices of houses rocketed when Covid hit. Everything has just become seven more expansive since then

[DBTALKS 🇬🇧 @dboytalks]

@glenrock Haha it’s more the ‘boiling hot water taps’ that are seen as a bit of a luxury I say. Oh and don’t get me started on the air conditioning 😂

[DBTALKS 🇬🇧 @dboytalks]

The cost of living is affecting all of us that’s for sure.
The price to put fuel in the car is something else I am pretty sure he is facing issues with too. It’s hard work!

https://t.co/76EpsXaAG5

[DBTALKS 🇬🇧 @dboytalks]

£50 used to pretty much fill my car.

When I started driving in 2006, diesel was under £1 a litre.

I filled up today at £1.90.

£50 in 2006: 50+ litres
£50 today: just 26 litres

Apparently this is what 20 years of driving looks like.

[DBTALKS 🇬🇧 @dboytalks]

My friend is 25. He takes home £2,250 a month and wants to move out. He needs 2 bedrooms so his child can stay.

This is the cheapest I can find in the area he needs. £995 a month.

Then bills, food, car…

How are younger people supposed to live?

[DBTALKS 🇬🇧 @dboytalks]

@UziCryptoo You’re exactly right. My friend is really struggling at the moment. The breakdown from what he earns and has to spend on bills isn’t really affording him a good quality of life

https://t.co/d58zIYQm6L

[DBTALKS 🇬🇧 @dboytalks]

My friend is 25. He takes home £2,250 a month and wants to move out. He needs 2 bedrooms so his child can stay.

This is the cheapest I can find in the area he needs. £995 a month.

Then bills, food, car…

How are younger people supposed to live?

[DBTALKS 🇬🇧 @dboytalks]

@MuffinsNsuch Yep agree on this. No man needs more than 5 hours sleep

[DBTALKS 🇬🇧 @dboytalks]

@SimonFlynnefc Yep the struggle is real. If he gets a payrise his ex gets a cut. It’s a real uphill battle

[DBTALKS 🇬🇧 @dboytalks]

@the_baserate Yep absolutely. 85% is huge. The country must be swamped in debt