- Location
- Inside my skull
Unfortunately for me, I’m in a DB scheme and it’s done poorly at the last valuation
How so? Defined Benefit means you get what it says based on final salary and years in scheme, and when you decide to take it from.
Unfortunately for me, I’m in a DB scheme and it’s done poorly at the last valuation
People living for today with no thought for tomorrow. It’s always been like that but none more so than now.You have some good points there and I think a lot of it is on credit: PCP for cars, credit cards for week end away and holidays and buy now pay later for many other things. All of it doesn't help of course but people see it as an easy escape, which it isn't of course as it will all have to be repaid eventually.
This is the way society has gone now and personally, I am not a fan of it. Many people have lost all sense of reality until reality hits back , as it is now and the storm is only beginning.
Very worrying times ahead indeed.