Disclaimer: Some of my words and the video are being censored and so I have put hashtags in place to the letters, hence why I have had problems publishing this post.
Introduction to our guide on ‘Financial Difficulty’ and what we have included at Glance (Part 2).
(W### Makes Money and The Truth About The Money System).
- Young People, Salaries Falling Prices Growing.
- UK Govenment Help with Fuel Costs.
- Cost of Living Breakdown Expenditure Calculations.
- Leaders and Dictators.
- What is Money and What is Currency (VIDEO -Temp Disabled).
- About Mike Maloney.
- YOUNG PEOPLE – Salaries Falling, Prices Rising.
Prior to the pandemic, wages due to furloughs and layoffs were unheard of but now a shockingly 24% of those aged between 18 and 34 had reported a fall in their wages employed in the sectors including hospitality and retail, it’s not surprising that they have seen their incomes fall, either as a direct result of a wage cut or due to a reduction in their hours.
Research by the think tank Demo, and KIS has found that only 30% of people reported a rise in pay since before the pandemic, whilst 70% have seen their wages either stagnate or fall.
When the young were asked why they took on a second job, some responded that they were worried about job security as their primary role could be at risk in the future. Although having a second job may boost their finances in the short term, the additional pressure of long hours may take its toll on a person’s wellbeing.
A third of the population fears that the worst is still yet to come and has a genuine concern about the soaring prices which would have a negative effect on their lives, physically, mentally, and materialistically. The fortunate few who have had some savings will end up losing it all to counteract the impact of higher living costs.
The direct cost for heating and powering our homes, and the indirect cost of other goods and services, will inevitably affect our budgets and our quality of life.
Fortunately, the UK only relies on 3% of Russia to supply Gas to Britain, and it’s the global market that determines the wholesale gas price.
There will still be a knock-on effect for households in the UK if there is a shortage supply of Gas to the rest of Europe from Russia.
2. UK Government Help With Energy Costs.
What is laughable is the UK Government is going to give £200 to people in England and £150 in Wales to help with the increase of the cost of living, however, it is a loan, that you pay back at around £40 per year.
This equates between £12.50 and £16.67 a month towards their energy bills and if my bill is anything to go by Electricity £34.00 and Gas £90 per month totally £124.00 a month. £12.50/£16.67 is pathetic by my calculations if one still has to deduct £3.33 per month to pay the loan back. Residents in Wales will essentially have £9.16 off their predicted monthly bill of £250 this coming April.
A person who has tax credits of £99.23 per week, how do they survive on £396.92 per month?
Minus £250 for Gas and Electric = Leaves a total of £146.92
Minus £58 for water = Leaves a total of £88.92 divided by 4 x weeks leaves £22.23 for food.
“So what is the hidden agenda? is it to starve people or drive them to breaking point”?
Changes by the UK Government to National Insurance from April 1st, 2022 will mean that many working people will be seeing more of their income heading to the Treasury.
In addition, the rise in the energy price cap will mean serious rises in the cost of heating and powering your home, which for some such as the disabled, unemployed, households on low incomes and the elderly will be penalized the most, with the rising costs of basics like food, interest rate rises, and council tax hikes, people will be forced into poverty.
So is the Government expecting people to live on Ramen Noodles to survive?
These price hikes are going to be detrimental to people’s mental health and lives.
I understand that some people have a job which is based on 40 hours per week on the national minimum wage of £9.50 equates to £380 per week multiplied by 4 weeks £1,520.
3. Cost Of Living Breakdown Calculations Expenditure:
(Average Calculations Per Month In The UK).
( Links – Citations Embedded)
Utilities: (£116) per month for gas and electric and predicted to rise to £250 per month.
Water Rates: (£44) per month
Council Tax: (£158.00) per month
Petrol/Travel Costs: (£96.00) per month
Child Care Day Nursery: (50 hours for a child under 2) £1,052 per month
Food £40.30 per week: (£175 per month)
Total Expenditure: £2,705.00
(This total does not include clothing allowance, telephone or broadband).
Not everyone is lucky enough to have high-paid jobs and some people live alone.
For people who live with someone obviously, the majority of bills will be halved and not everyone commutes or has childcare.
However what about the self-employed that maybe only scraping by and are not making a profit and maybe paying back loans and credit cards and just living on tax credits?
Clare McNeil, the head of the IPPR’s Future Welfare State program said:
“It has trapped us in a vicious circle which, unless broken, will condemn us either to a constantly rising social security bill or to ever-increasing poverty among working households.”
Jonathan Reynolds, shadow work and pensions secretary, said:
“successive Conservative administrations had broken the link between work and prosperity, it is simply wrong that one in six working households can’t make ends meet while the overwhelming majority of children living in poverty have working parents”.
KIS Finance Advisor Holly Andrews, MD said:
“At a time when the cost-of-living crisis is deepening, the global impact of the situation in Ukraine looks set to make the situation even worse. Rising costs on everyday essentials, alongside increasing interest rates, will stretch household budgets and be a further blow to those trying to get onto the property ladder”.
With the rising costs on the horizon, there will be an increase in evictions and homelessness. People will simply not be able to live. Not everyone can manage their money well or set budgets, therefore I have designed a monthly financial planner for you to customize. I recommend starting a new planner each month.
Furthermore, shortages in the housing market are forcing prices to escalate, while rents are at some of their highest rates ever. With the cost of borrowing increasing alongside the rising cost of living, people saving for a deposit will find it hard to get on the property ladder because of mortgage income requirements which will implicate disposable income due to the rising cost of essentials.
Local Councils predict evictions are to rise as much as 79% from privately rented houses as people struggle to make ends meet. The current pressures on the rising cost of inflation and living could see homelessness increase by as much as a third compared to pre-pandemic levels.
6. LEADERS & DICTATORS.
Privilege Leaders & Dictators.
It is ok for the privileged individuals that have never been without food or have never experienced poverty to dictate what the working or lower class should live on.
President Put## who is purported to be the richest man on earth is driven by greed, corruption, money, and power, yet what is waiting for him on the other side is going to be worse than any war he has ever created.
Imagine if their wealth was suddenly taken from them they would soon be singing a different tune. These people that have had lavish upbringings do not have a clue what the rest of the public has to do to survive. These people that have gone to private schools funded by their wealthy parents do not have one iota what it is like to bring food to the table and to keep a roof over one’s head. These people that pay £500 in the UK to aim to help society and get rewarded once they get a good enough following again may be clueless. (I have a better following than some MPs I know, but am not paid what they get). One does not need a specific qualification to become an MP as it is a job you have to work up towards although most people do have some form of higher education and the ones at the very top of the food chain have been either been born with silver spoons in their mouths or have had wealthy parents, spouses or connections.
Who controls our money system?
(Watch the Video Below)
Forbes 500 Rich List
Have you noticed the likes of Put## (who has been in office since 2012 ), the Rothchilds and Rockerfellers are not on the Rich List of wealthiest people because they are the 1% that control the rest of the world and are far richer than the likes of Elon Musk, Warren Buffet or Bill Gates? Furthermore, The Waltons with $238 billion, The Mars with $142 billion, The Kochs with $124 billion, The Hermes with $112 billion, The Sauds with $100 billion, The Ambanis with $94 billion, The Wertheimers with $62 billion, The Johnsons with $61 billion, The Thomsons with $61 billion, The Boehringers and Von Baumbachs with $59 billion are also not mentioned. https://www.investopedia.com/articles/insights/052416/top-10-wealthiest-families-world.asp
This is what the Federal Reserve says about the money system: https://www.federalreserve.gov/faqs/about_14986.htm
Yes, I know Pres##### Put## came from humble beginnings but he made affluent connections when he joined the K##. It is sometimes the case of not what you have or what know but more so who you know, that can open doors…
7. WHAT IS MONEY, AND WHAT IS CURRENCY?
To know how the system works one needs to educate oneself about money and currency. The video below explains the process.
Fiat money has no value unlike gold or silver, it is what the federal reserve prints out, keeps on printing and lending out with the only goal to charge interest on worthless pieces of paper, which people have to slave over.
The price of gas in the ground does not inflate in value it is the price the fat cats put on to make themselves richer. This is sacrilege, but then again if they cared about people they would not cause wars. We are just a number to them and they will not mourn you if you die.
President Put## does not care about his people or his army, you will not see him on the front line fighting with his army, he will be tucked away in his shiny kremlin office somewhere unlike the Ukraine President Zelen####, who is fighting to save his country.
President Put##’s only intention is to gain power, money, and control. He does not care that sending out troops may not return, he does not care about the families of the soldiers that died in the line of duty, and that their family’s worlds will be turned upside down. He only cares about lining his pockets, gaining control of a country, and dictatorship.
Ukraine is now ordered all men, between 18 -60 training every abled body male to help fight the w##. These men have no choice they have been conscripted as per the orders of Ukraine’s “Pres##### Zelens###”, although he has been seen in combat uniform himself. He has also pleaded with other countries to help.
This senseless act by “Pres##### Put##” is so that the fat cats get richer and for everyone else to get poorer.
“We have one life, one world and we come into it with nothing and we leave with nothing, so why be greedy and not share equally”.
Video Temporarily Removed For Testing – I suspect my post is being censored because I cannot open this article on all the browsers properly, so you should search for the keywords “hidden secrets of money” on youtube.
8. ABOUT MIKE MALONEY
Mike Maloney is the host of the smash-hit video series, Hidden Secrets of Money; former Rich Dad/Poor Dad advisor; author of the best-selling precious metals book.
For more than a decade, Mike’s traveled the world sharing his economic insights with audiences from Hong Kong to Rome and from Silicon Valley to Wall Street.
A life-long inventor and serial entrepreneur, by age 23, Mike had already founded a sales firm, Michael Maloney & Associates, growing it to five employees and two branch offices. He went on to become a manufacturer of high-end stereo equipment, where his designs won numerous awards, including selection in 1992 as one of only five permanent exhibits for display at the opening of the 20th-century design wing of the Royal Victoria & Albert Museum in London, the world’s greatest design museum.
Citation – https://goldsilver.com/about-mike-maloney/
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