Category Archives: Finance

Osborne axes child benefit for higher taxpayers & caps welfare payments – but let’s see child benefits capped at THREE kids!

The UK has desperately needed welfare reform for almost two decades, thankfully George Osborne has started to fall the axe on a system that has seen Britain become the benefits resort of the western world. Too many different benefits, too much money, too many people claiming. Of course he has started by hitting the middle classes, those who get off their backsides and go to work. Higher rate taxpayers will lose entitlement to child benefit from 2013, their taxes though will continue to finance those who are earning less money and – this is where I choke – those who have no intention of ever working. I accept that those who earn over £40,000  year more than likely wont miss the benefit when it is pulled unless it was being used to help finance the family holiday to Barbados each year (as some do if people are honest…)

But I would like to know what these people will get in it’s place to make working still the best option. Child benefit, as we know, was introduced to put cash in the pockets of mothers who did not work outside the home and whose husbands were not so generous with the housekeeping money. This gave many women years ago their own cash for helping to feed their kids without needing to stick their hand out to their husband while dodging a left-hook at the same time. It was designed for women who had no money of their own. These days most women work and many even earn as much as, if not more in some cases, as their partners and so for them the child benefit really is not necessary.

No more taxpayer funded litters like these.

So far the announced cuts look pretty fair and somewhat tame but I would like to see this reform make a bigger difference.  Remembering that people in the higher-paying tax bracket are working their backsides off while losing a benefit for which they technically are paying for, it is time to hit those in the non-working classes where it hurts…their breeding programmes. It is NOT fair that people working and paying tax are losing out while others make a living out of lying on their backs producing up to 13 and 14 children and doing nothing themselves to pay for their own kids. Time to stop.

Cap the child tax credit and child benefit at THREE kids because if you are not working, have no intention of providing for your own family, then you have no business having litters of kids. George Osborne can win himself some respect for doing this; if he is going to take from people who work then he can also apply some measures to those who don’t – not cannot – who DON’T! there’s a difference of course. If lazy couples cannot practice some self-restraint in the breeding department then it has to be made less profitable…A LOT less profitable so that they have no bloody choice but to tie a knot in it.

Copyright © 2007-2012 Cultured Views. All rights reserved.

Does grandpa still hide his gold under the bed…?

Sometimes you have to wonder these days if under-the-bed is the best place for your money, so many people have been bitten by the recession-bug. People are still looking for better ways to invest though and I doubt that the serious investors have been scared off completely from the money market; even the mums-and-dads are once again testing the waters and increasingly looking at buying gold as a way to invest.

Surprisingly buying Gold or Silver coins is not an option reserved just for the rich and powerful and there are many companies which specialise in advising the experienced as well as the first time ‘nervous’ investor about which way to turn in this area. My Mum remembers as a little girl her grandpa keeping a small pouch of gold sovereigns under his bed which he allowed her to count if she was a good girl – no doubt some elderly people today still have held onto ‘their gold’ because you don’t have to be an expert to know it is one of the most solid investments around.

Goldline, for example, offers services which assist investors in choosing which way to look at buying coins – silver, gold, platinum…products which you buy and are delivered to you. You may think grandpa was very canny in hiding his gold, but investing in it today is as safe as it was under grandpa’s bed.

Copyright © 2007-2012 Cultured Views. All rights reserved.

Removing the middle man from marketing.

For almost sixty years we have been induced to behave as consumers solely through the medium of television. There is no doubt as to the power that television advertising has wielded and the enormous influence it has held over our lives in all this time but times change and even the TV is now having to compete with the one force that has invaded all our homes…the internet.

Advertising has dictated how we live our lives; what we eat, what we buy, what we wear, what shows we watch – and it has all been done via the advertiser appealing to us, the consumer, via the medium of electronic means. Now, via the internet and the interactive marketing agency the consumer is targeted differently. Almost directly in fact. Just look around the next blog you land on – you will no doubt see advertisements in one form or another, almost all the sites you will visit in a day will feature advertising in the form of direct marketing aimed at you the site visitor. This is the new form of marketing – the advertisement where the marketer speaks directly to you.

Copyright © 2007-2012 Cultured Views. All rights reserved.