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Old 21 January 2008, 07:30 PM
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fivealive
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Quote:- "If your finances are fairly typical then you'll probably have a reasonable lump sum lying about in savings accounts. According to research carried out by Prudential last year, the average person in the UK holds £14,103 on deposit"

Therefore a married couple would have approaching £30,000 on deposit.

This excludes Stocks and Shares, Bonds, Property etc. it's simply cash.

Not sure what I was expecting really - just thought I would throw it into the melting pot.
Old 21 January 2008, 07:33 PM
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Jamie
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I have £2.56p the rest is under my bed
Old 21 January 2008, 07:43 PM
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HUDDERS1
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Originally Posted by *Jamie*
I have £2.56p the rest is under my bed
the government cannot tax it if its under your bed
Old 21 January 2008, 07:43 PM
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jonc
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Well the Pru didn't ask me, I've got squat diddley do!!
Old 21 January 2008, 07:50 PM
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Therefore a CHILDLESS married couple would have approaching £30,000 on deposit.
Perhaps ?
Old 21 January 2008, 08:18 PM
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MattW
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I did, but then we moved so it all went into the house. Back up to 6k now, but holiday to be booked.
Old 21 January 2008, 08:20 PM
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NeilT
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Originally Posted by HUDDERS1
the government cannot tax it if its under your bed
or at least the government can tax the INTEREST you would have received on it, if its under the bed
Old 21 January 2008, 08:27 PM
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davegtt
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Spend it people, thats what its there for, so we can all get smashed

Can you tell I have nothing in my savings account anymore? Yes I got screwed over by a woman
Old 21 January 2008, 09:04 PM
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I dont either well not much we spent ours on my wifes new car after my subaru well erm crashed
Old 21 January 2008, 09:08 PM
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Fuzz
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More like £30k in the red for me
Old 21 January 2008, 09:49 PM
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boomer
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Originally Posted by fivealive
the average person in the UK holds £14,103 on deposit
What is an "average person"? Is that any man, woman, child, pensioner - or just tax-payers?

If the average unsecured debt "per person" is umpteen thousand, as we are led to believe, then there must be an awful lot of plonkers with both loans (thus paying interest) and savings (generating less interest).

mb
Old 21 January 2008, 10:11 PM
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Klaatu
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Originally Posted by HUDDERS1
the government cannot tax it if its under your bed
Until you try to spend it.
Old 21 January 2008, 10:36 PM
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Odds on
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Very few people I know have anything like £14k in the bank.

A fair few do however have access to £14k against the value of their house.

T'is easy to live the high life and lie on surveys nowadays.
Old 22 January 2008, 12:05 AM
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speedymonkey
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Originally Posted by davegtt
Spend it people, thats what its there for, so we can all get smashed

Can you tell I have nothing in my savings account anymore? Yes I got screwed over by a woman

Fingers crossed she was pure filth tho, that way it will have lessoned the blow slightly

As for getting smashed, why not, i do most nights
Old 22 January 2008, 11:20 AM
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apples24
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dunno wear they get there figures from, ive only got 8000, i say only its a nice chunk of money for me, i know to some of you lot its pocket change but still..... its allllll mine lol

it is growing all the time though as im a bit of a wheeler dealer on the side
Old 22 January 2008, 01:04 PM
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GazTheHat
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Sounds about right, but you missed off the "-" in front of those figures.
Old 22 January 2008, 04:05 PM
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Stats are so misleading though.

The vast majority probably have somewhat less than that "on deposit"

Inevitably, surveys by the lage financial institutions are mad up of their client base, rather than the uk population as a whole.
Old 22 January 2008, 04:24 PM
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OllyK
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That reminds me, I have some funds in the Halifax, suppose I ought to do something with them before GB nicks them.
BBC NEWS | Business | Website to protect forgotten cash
Old 22 January 2008, 08:54 PM
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Where I live, the 'average' person probably carries considerably more than that just in their wallets

Unfortunately most of the retailers in these parts think we can all afford to pay the 'Wilmsow Surcharge'

Sometimes I just wish I was a bit more average
Old 23 January 2008, 12:48 PM
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Well I live in Wilmslow, and I guess I make up for the rest of you then!!
Old 23 January 2008, 12:57 PM
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pwhittle
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Originally Posted by fivealive
Quote:- "If your finances are fairly typical then you'll probably have a reasonable lump sum lying about in savings accounts. According to research carried out by Prudential last year, the average person in the UK holds £14,103 on deposit"

Therefore a married couple would have approaching £30,000 on deposit.

This excludes Stocks and Shares, Bonds, Property etc. it's simply cash.

Not sure what I was expecting really - just thought I would throw it into the melting pot.
seems on the high-side to me - take off a couple of 00's for me!

Some pensioners have quite a lot stashed away, probably more than most working age people.

I don't see the point of having savings and a mortgage. If we had £30k, we could pay the mortgage off an buy a new car.
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