Over inflating the money supply. Big corporations in bed with the government full of career politicians. Everyone's looking out for themselves and now, we are screwed bro.
You guys aren't seeing it. They print money out of thin air. billions trillions. There is a lot of money. But a group of people keep taking all the money and keeping people poor. its sickening but there is a way, people need to wake up and understand how this messed up game works. THEY ARE PLAYING WITH YOUR LIFES,
When you want to welcome the entire world to europe, and not expect consquences... Build as many houses as you want, with the freedom of movement it will never be cheap. It's basic supply and demand.
All thanks to Zionists. They are the ones engineering all this. They own the banks the media orgs the big multinationals and they own the majority of the politicians.
Gary is pretty smart but he misses the best solution Bitcoin. One day he will help his subscribers by actually researching it and spreading the message.
Would good if you discuss this on your channel bro it's hard, enough just to live let alone on your own house in a good area, the house price in the borough West London which i came from is between 450-500k. I live in the West Midlands which is cheaper but it doesn't as much high paying jobs.
@@greengemaudio4830 Nope there is no industry. A greater range of jobs and the higher paying jobs are in London. It's cheaper outside of London hence why people moving out but then need to get back in for work. In 2006, I said this nation was a sinking ship. The ship has sunk.
As a polish guy in the UK, I agree wholeheartedly. My solution is that I'm living way below my means. Renting a room and working night shifts, saving 90% of my earnings after what I pay for the room, while building a house in Poland only because I'm blessed that my dad is still alive, retired, happy to help, and used to work as a builder all his life. All these factors had to be aligned for me to have any hope for the future. I say: earn here, invest abroad, learn the language if you dont know it, and retire in a cheaper country. That's the only solution left for people like us in this country.
@@Lostboyyo "truth spoken even by an enemy is still truth" that's my spin on a quote that I like. And I don't consider black people my enemy. Evil is my enemy, and God is my saviour. I'm aware of certain patterns of behaviour in the black community, to disregardit would be unwise, but to disregard the whole community would be even less wise, there are a lot of black people that I respect as well, and I'm happy to learn reality from all the different points of view.
Eastern Europeans came to work in uk in 2005 onwards because the wages were 4 times their own country ! Now wages in their own country are only 20% less , many have gone back home to live ! And buy houses for half uk price !
I've literally been arguing this for years only to be shot down by older people who paid 25k for their 1st and 2nd houses and sold them for 700k. Apparently, it's the Costa coffees we all drink and like the man said, the Netflix subscriptions that are holding us back... so nice to hear this from somebody else!
Yeah the boomers think they were hard done by due to the interest rates being 15%-20% on a house but they fail to realise that houses are now 10x the average salary compared to 3/4x in the 80s. Heck of a difference
@@MR12AMAZINGyou sure arnt winning any Nobel prizes. I agree house prices were a lot less in the 80s relatively speaking but salaries were a hell of a lot less. I started work in 1988 and I got a gross salary of £4,000 per year. I got a tax free allowance of £650 and the tax rate was 33% basic rate. Now the minimum you can get paid for a 40 hour week is £22k and £12.5k of that is tax free. Where do you think that money has come from. It’s the people in the middle of their careers. This is why the average wage is so bad. When interest rates were low the actual difference between when I bought my house and my salary and the amount I’d have been paying if the situation was moved back 16 odd years was £50. Now with the interest rates back to almost what they were when I bought my house in 2000 monthly payments are insane. But house prices rose because mortgages were so cheap. They were aloud to lend amounts to people with 30 year or more mortgages. Blair’s government deliberately pushed up house prices so he could give the bankers billions. It’s all there in the history books. I’m not an actual boomer btw. But before you go slagging them off think about this some of them had to go through rationing of food. They couldn’t afford cars at all, motor bikes were a bit of a luxury. Holidays weren’t abroad but were a weekend by the sea in the uk. Every generation had their own things to gripe about but the constant is that the rich sit there laughing at us while they extract more of our money through mortgages, insurance, etc and make it harder for us to make money. Thats what the Tories were doing and now Labour are going to tax the crap out of things. The country is on a decline.
Boomers are the most greedy, selfish generation of them all. You ever met someone who lived through the war? They are usually solid, grounded and generous people who want others to do well. Boomers never went through the war and grew up in an era which was promoting population growth. Don't forget, compared to the boomers in their heyday compared to ours - there is around ten million more people now than there was then meaning more competition in job markets, housing demand etc. Boomers had it too easy and I'll hold onto that theory until the day I die.
Thank you! As someone who works in high level Central Government, I've been saying this for the longest time. I've had so many politicians laughing in my face as they venture off for the weekend to their grace and favours 4th property, I lose count. 😳
I been cutting my hair for over a year now. Best thing I done. I give myself a trim every week am getting cold at it I been barber twice this year just to learn a few tips
I left the UK a year ago and it was the best move for me and my family. Back in the UK I was earning 70k but had less money at the end of the month than my friends on benefits who had free childcare whilst it set me back 2.5k a month for two children so that me and my wife could maintain our careers that we had worked so long and hard for. We went to see the council to see if we could get any kind of benefit or financial help but we were penalised for having savings, owning a house and earning just over a certain wage. The advisor from the council said that we would be better off if I took a pay cut and we didn't own house or have any savings, then we would be entitled to significant benefits. The country is a joke, the system is broken, I'm not coming back.
I too remember applying for council housing in Camden Council years back only to be penalised for not being a rape victim, a single mother or a refugee, Even though I am British and trying to make a living as a newly qualified GP in central London earning around 50K
@@DeezN1892 worked in construction management in the UK and now do the same job, better wage and completely tax free in Antigua. Weather is a better too!
@@zcharg0move to Australia, that's what I'm doing. Also if you work a bit rural in Queensland they give doctors a nice 70k bonus hello and nurses 20k.
Faking happiness? Fuck your external situation and external things your inner self comes first. Your thoughts are your personality. If you are grateful for everything about your life and you achieve belief in yourself and self love to the highest degree, its impossible not to be happy. Your just comfortable being in your own skin, your own thoughts are so positive and bright. Your like a walking ball of pure energy when you achieve a certain belief about your own path. Flow state in life I'd achievable for everyone, it's just your level of realisation really.
No one is faking it intentionally though - this is all controlled by the goverment - we have been conditioned to expect less we have been condition to want less. If you think it's bad now - our children's children will be living in an absolute hell hole.
Investing in alternate income streams should be the top priority for everyone right now. especially given the global economic crisis we are currently experiencing. stocks, gold, silver, and virtual currencies are still attractive investments at the moment.
Am looking for something to venture into on a short term basis, I really need to create an alternate source of income, what do you think I should be buying?
Yeah it’s rigged everywhere. Housing is the main issue and wages are shit. Fun fact - the average house price in the UK is currently £286,000 if you are expecting a 5% increase year on year (this is what it is currently) in 70 years the average house will cost £8.7 million. This is not sustainable. Now wages, if we put it on the same trajectory as what we are currently at then in 70 years taking the avg salary which is currently £33,000 it it will be £261,000. Out current economic conditions are not fit for purpose. It’s not capitalism to fault, it’s that we are all living in a feudal system hence the name LANDLORD (LORD) being the big guess. Alongside a handful of corporations who own the economy.
Over that length of time 2% is more realistic number for house price growth. Edit: do salaries go up?! Certainly not like house prices. The point is. “You will own nothing and be happy” - K Schwab WEF/WHO/UN are NOT friends. Government is puppet to banks. It’s taken 16:45 decades for you lot to wake up… Truth = conspiracy + time.
Yh i bounced from the U.K. Council Tax - wouldn't mind paying if shit was getting done and street lamps, roads, pot holes,etc were sorted but they not Road Tax Income Tax National Insurance Sugar Tax Fuel Tax V.A.T Tobacco Tax Environmental tax Stamp tax Inheritance tax Air passenger Tax Excise Tax Insurance premium Tax Then let's talk about Gas and Electric Utility Companies and their Extortion. Charging you daily Standard Charge for just having their meters fitted in your house for gas and electric so even when you don't use anything your still billed for the meter just being there and then the whole charging you more for peak and less for off peak. The resources used for production don't fluctuate on price based of peak and off peak requirement, it's a steady flow of supply. Water companies charge you Surface Drainage Charge for Rain that falls into your Garden and goes down your garden Drain. They charge you money to clean rain water that you haven't even used and have no control over. They charge you money to fix water pipes buried under your house located outside of your garden on the public footpath. In the words of Mortal Kombat A-N-A-L-T-A-L-I-T-Y
For the working class now in Britain its shit , I'm 50 , Anglo saxon , I'm underclass now , used to have a nice house , ex wife took it , now I work 2 part time jobs and have puppies once a year , I'm skint after tax and child maintenance and bills , no money at all , I can't even afford a takeaway once a week
Marriage is some BS, Honestly mate alot of guys in your position, getting divorced is tough.Keep your chin up even my mechanic warned me not to get married these days
You still have time to make a change. Read a couple of books to get mindset right, Rich dad, poor dad, Think and grow rich. Maybe learn a quick skill. Don’t throw the towel in yet.
This is how my mind works on a daily basis.... I run the numbers through my head, and it just doesn't add up... if I wasn't in the Job I was in, I'd have already convinced my partner it's time to leave. I'd rather be poor somewhere on the coast of Spain/Italy than be poor here
The UK punishes people who work hard. When you make more money, they tax you disproportionately more. If you earn $300,000, you’ll be paying like 45% tax. So, why work harder? Also, inflation is making housing & bills unaffordable. Trust me, move somewhere else. There are other countries that reward hard work and allow you to get rich. Singapore, UAE, India, etc… I run a data company and I’m moving to Turkey because I can hire more people & get a larger office there. 10,000 millionaires are leaving the UK per year and this country is going to become poorer. Let the illegal immigrants enjoy it.
@@napoleoncouttel9867 we won’t incorporate in Turkey. We’ll stay a UK corporation. The UK tax system favours corporations, not individuals. We’re VAT registered, draw modest salaries & keep a lot of the money in the company. Corporation tax is our largest tax, not income tax (which is the devil). Eventually, we’ll incorporate in a low tax country but it’s fine for now.
Everything the guy in grey was saying is the same stuff I've been saying since around 2010 only difference is that in 2010 you still had a chance to make things happen. Now we are completely finished.
Read into the world economic forum's agenda 2030 and then ask yourself why everything is happening. Also, the average income is also inflated because some statistics only average London's income and London's salary's are inflated compared to the rest of the country. So technically - the average salary is around 27k.
But where is he going - most countries are racing towards different degrees of rubbish. People getting screwed over all over. People are sick because the environment is sick
love the thinking lads, id fuckin love to come get involved in this chat with yous, this is my kinda talk. i bought a drum in south east asia because of this reason. this country is fuckkkiiinnng finished lads. Take ur money and go up north and buy houses to buy to let or convert to hmos is the only way to get ahead if you live in london
Its the reason why so many youngers are turning to drugs whilst working, sad to see but people genuinely can’t survive in the UK without having an illegal source of income be it drugs, untaxed physical work etc
When he said how much money someone could save per month that was a wake up call, I am working to pay the bills. I never actually considered to myself poor… but I’m sat here in my 20 year old track suit having just worked out… i don’t believe it … I’m actually poor … educated… skilled hard working and poor…. I need to have a think.
That’s true, but if you consider leaving “home” you might as well go somewhere earning more or better weather. Moving up North is only an option if you’ve got to stay in England.
You live in Leeds which is great. But you’re still getting taxed stupidly compared to other countries. And you don’t know whether it will snow or rain even in August. It’s not worth it man
I'm not sure what the answer is, man. It's just so depressing. Completely broken system which seems to be in place whereby the world is built for the rich to get richer and more and more people are broke. We spend like 90% of our money on rent and bills! Everyone is depressed and angry because we are living to work instead or working to live. We have no lives. No fun. It's just stress and work. Everything costs a fortune and wages have barely gone up!
I left uni in 2016, with bachelors in mechanical engineering, typical contract rate was 40-50 an hour, 8 years later and it's the same rates I see advertised, I don't live in UK, but I do get job offers in my email and I know salaries in UK are not going up for mechanical engineers.
So true! I live in Croydon and I’m 41 year old, a single father of 2 teenagers( their mum suddenly passed away) and I’m having to move back in with my children to my mum. I’ve been saying this for a while… this country is FINISHED! If I did t have my children I would’ve probably checked out. They give me a sense of purpose and responsibility. If you want to see how depressed people are drive through west Croydon and you can see it. Only way out is to win the lottery 😂 Other option is pray and hit the gym to get a bit of stress relief. Oh and plan your escape route.
Honestly this is the same thing happening in most developed countries. You need a high paying job to survive regardless of the country. This is why there is a rise in populism around the world. Migrants are the targets but who is really holding all the money. Really think about that.....
The change is in who owns the assets (houses, cars etc etc). It has shifted from the middle/working class to the 0.5% of the population who hold these assets in multiple forms including YOUR debts.
Most of all the worlds assets are held in trusts in off shore bank accounts avoid paying taxes. Just one of the people hiding all there assets in these account would probably amount to how much they’ll be getting extra from cutting winter fuel payments.
or become self-employed/ run a successful business. Business owners are doing okay if they're running the right business. multiple sources of income is also a must.
England is a mess. Worked my guts out on a central London hospital (2×). Company is two days late with payment. Fired for gross misconduct after saying something to a bright young spark under my breath? Will I get paid??? I don't know. Maybe the boss is making an example of me? Recently married. Praise be to God.
I'm from London but I live in Suffolk now, I pay less than £700 a month for a 2 bedroom apartment, I studied hard and have a great job with a company van so i'm not spending money on fuel. I live a simple life and enjoy what I do and my savings are increasing every month. Maybe move out of Croydon?
So what is the solution ? Are we meant to be working 50/60 hours a week barely to break even and pay bills, with nothing to show for, and no fixed assets ? That's it ? That is a pathetic life I can't lie and I just turned 29 yesterday. Dreading what's coming up.
I left London 7 years ago and bought a 3 bed in Peterborough. I thought I was made. But what's happened is my wages didn't go up as fast, I failed the mew affordability on the remortgage, now I'm back renting. I also have 3 little kids which is another expense I didn't have. Its tuff out here
The problem with the narrative that one should leave London and go up north is that the wages up north aren't that great and the job opportunities few and far between. The awful truth is that owning a business /being a tradesman of some sort or lucking out some inheritance are the only things that can help.
😢 Nice analysis and breakdown....however, London is NOT the UK....on the grand scale, the UK is finished and we definitely cannot depend on ANY government to save us....however, there are parts of the UK where cost of living and home purchase are slightly cheaper and more affordable...when it comes to retirement, you are far better off in Thailand,Vietnam, Philippines or in Africa where your pension payment will give you a bit of luxury till the end of your life😅.... Yes...LONDON and the SOUTH EAST is truly FINISHED.
I think Gary's economics explained the issue well, basically too many billionaires/multi millionaires hoarding wealth therefore everyone else ends up broke and the governement refuses to tax them (probably in their pocket)
In 1988 i earned 3.20 an hour as a laborough on a building site. With my first hours pay i could buy twenty cigarettes a pint of beer and my lunch work that out to todays money .its shocking
Humanoid robots are coming to take all our jobs in the next 5 years. So things will get worse. Or better. I think money will become meaningless within 10 years. Because robots will be doing most the jobs.
Honestly I feel like this. I earn a good living but the way things keep going up is ridiculous. The system literally does not want you to have any money left for any type of enjoyment. All the money needs to go on bills and extortionate taxes😮😮
And thats a terrible area at that. Loads of crime, stabbings etc. nobody would choose to live there if they could help it. Now if you’re paying $1200 for a room… *IMAGINE* just how much more people must be paying for an actual safe area.
brokski , i live with my mrs zone 5 North West around South Harrow , 1 bed flat 1400 a month and the landlords tryna talk about increases to 1500 p/m , thats without bills or council tax. Last place we was living was a rat infested studio flat in West Ealing near Hanwell (Rats actually coming out a hole in the wall in the bathroom and burrowed a hole through the floor into the bottom kitchen countertop where the sink is into the bedroom) this is back in 2022 as we had no where to go and it was 1100 a month... If u wanna live in London on ur Js and u aint got enough p to buy ur either paying 1400 a month or living in a shared house which is still gonna be about 900 but will usually have bills included , just peak if ur landlord is a scumbag that leaves holes in the roof for 5 months or u end up with some dirty cunt that treats the yard like a landfill lol
Greed (always has happened but manifested uncontrollably now) Government give out hundreds of millions in contracts for all of their friends, their friends do nothing and the public pays for it: cycle repeats Same happened in covid and just before to all the health clinics and test and trace schemes, has been in construction for a long time now which is why there's empty/derelict houses and the roads are still broken Police force gets random investments, security firms alike, private lodging and claiming false expenses on the publics behalf (starmer rented a 20k penthouse for his kid to allegedly revise) We get blindfolded and fucked by the government but nobody really cares anyway
I agree with everything you have said mate. Spot on! Don’t forget some of us have to pay back our student loans and then we are supposed to save money for our pension which the government will tax you on when you come to claim it. We all need to be on about £100K to live comfortably!
Interesting how many men have the same idea as me. I've been saving up to leave for the past 6 years. I could easily buy a house in another country and move there already but don't have the income to do it comfortably yet.
Basically, the single persons tax. Living alone on a normal salary in the U.K. is fast becoming a luxury that only the rich are able to afford or those with help from bank of Mum and Dad. Even the last government said the U.K. is a two persons economy.
It depends on your lifestyle and your income. I'm single and I'm self-employed. I'm doing okay because I buy what I can afford, I drive a car that's paid off, and I live in a city/ area that I can afford. I even get to go on short breaks regularly. London is a different story altogether but I've never lived with a man and have always worked and paid my bills. I don't have a credit card, overdraft or any loans.
School teaches you to become a worker/labourer No one is taught about money investments from young but we're led down this rabbit hole that if you work hard in education you'll get a high paying job and will be able to save more etc. If you're young and still living with parents, learn how to invest and make your savings work for you - don't just save money because money is losing it's purchasing power every month. The speed at which everything is going downhill is mad
Should have started saving up along time ago. I decided I was gonna leave as soon as I got out of university 6 years ago and have been living with my parents saving all my income ever since. I can actually afford to buy a house without a mortgage in Japan and leave for good now. I'm just waiting till I can have some kind of online/passive income because I don't want to work there lol. If I moved to a cheap country like thailand I'd probably be able to survive on my savings alone for like 20 years without an income. Wouldn't be permanent though so no point moving yet.
UK culture - we're too negative, complaining constantly. How about we thank God for everything in every situation and use the energy that goes to complaining in just building a 'no choice but to do better' mindset and perform daily. Spiritual peace, correlates with mental and physical. I say this as a muslim who seen the reality of changing my perspective and focusing on blessings.
Bro when you see what £ can get you in lekki or Accra, you'll literally shake your head on 3k you can rent out a mansion, have your on chef and driver and still save 1k, you're money stretches even further when you looking at the Philippines
I can't lie, the only way to get ahead is to invest in assets (stocks being the best when just starting out) but they never informed the majority of this, only the minority. I'm noticing many people are not investing so they *simply* work to make money; and nothing else. That is literally a life of slavery.
Great video. Everyone acting and full of egotistical personalities it makes me laugh how everyone acts the similar way, talks and sound the same can ppl 😂 like look around 😅😂❤ then say your the nutty one for pointing it out !😂 ppl be side eyeing when youre not afraid to be yourself 😂😂😂😂😂😂 point is human nature is sheepism especially in london though everyine fake as duck and on top of that judgemnetal of someone whos unique and them self like all them gangsters😂 juzt tired and bruk 😂
Millionaire 30 YO here and I HEAVILY disagree with this. Love your videos my man, but I really think some aspects of this narrative gets us nowhere as a collective. Being optimistic about certain things helps: - it has never been easier to work remotely - it has never been easier to start a business / work freelance - it has never been easier to buy liquid capital assets - The biggie that I am pushing my youngers for - It has never been easier to learn a trade! Doing simple things consistently helps: - Buy a property outside the South East (Black people are glued to London and that city is finished) - Pay into a pension (salary sacrifice is best) The mistake people make is thinking that earning will make you rich. But that has never really been the source the true wealth, not really. Historically property has done this for Brits, that's why we w*nk over houses, but now it's the time for stocks / become a tradesman / freelance work. Yes it's hard. Tories f*cked it for all of us but there are things that we can do now that we have never been able to do before... p.s. this isn't survivorship bias. I still work for 'the man' in a 9-5 and have never earned a high rate salary, but I did all this and am pushing for us as a collective to try and do the same... p.p.s. I have seen Atlanta... the houses are made of cardboard.
@@RickyOwen-vf6obfair question. Can't retire on a million quid any more - not in your 30s anyways. Soon though. Google: shockingly simple maths behind early retirement 👊🏿
Learning a Trade is pure FACTS. Every tradesman I know works for themselves, and makes bags on less hours per day than me with two jobs! If I was younger I would do that
@@MalcolmTrezcould switch careers?? Just be sure your joints will allow it. And that you bank the money. It's no PureGym... Those guys lift crazy weight
@@RickyOwen-vf6obfair question! Tl;Dr you can't retire on just a million any more at 30. Google: the shockingly simple maths behind early retirement (Thank me later).
One of those who left London for Lagos so will give an informed take here. You're going to need a lot more than N3M per annum to live in Banana Island. Maybe after Lekki Phase 1 so places like Ikate, Sangotedo, Ajah etc that should get you a 1 bed, maybe even a 2 bed for the N3M ($1807) per annum. I live on the mainland and pay N2.5M ($1506) per annum for a serviced studio apartment and meet my all my living costs/going out on N1.1M ($662) per month, without having to touch my savings or investments. I WFH doing a international remote job, 31 years old with 0 dependents and single. My gym and supermarket/market is minutes away from me so have no need for car. Hope someone finds this information useful if they plan on leaving West for Africa.
@@Yesmayne I feel safe in Lagos. Nobody has ever jumped me for my phone, never been followed home by roadmen here among others. Downsides, you can't rely on police if shit hits the fan here. That's not me saying this is utopia but I feel safe in Lagos because I generally stay in safe areas. Areas which aren't so safe I find myself in, just like I would anywhere not bring attention to myself and be aware of my surroundings. Ultimately though, safety relies much more on company you keep though, in my life experience. Hope this answers your question.
Serious talk; no one is speaking out on how bad things are getting. I search youtube and it is all about American. Brits silent! Well done for talking out brothers. Brits are suffering in silence. 💯facts
I’d hold off on Germany. 5 years ago they were in a much better position than now. Switzerland is a better bet but again the whole of Western Europe and much of East are beginning to struggle like us.
It’s literally the equivalent of staying at your parents house. No rent. No bills. You only pay tax on your income. No reason you cant be saving at least £1000-1500 a month save that for say five or more years and youve got a big pot of money to go wherever you want. Stress free.
I was thinking about this the other day. The only was is fix this is ban landlording and crash the market...but that would make so many renters homeless.
Great video - this place is done. Saw a video by nomad capitalist the other day saying even the billionaires are leaving. We're literally paying to survive and be stressed at this point
Gabriel is speaking facts. Make 3500 rent 1320 probably can save 500-700 and im not fancy at all. Living on an average salary in london is near impossible
I make over £20,000 monthly and I came from Ghana. I work as a quant. U have no excuse. U should blame ur parents and urself. I'm enjoying life in the UK as a quant. Also have pubs in Ghana and here and London too. People should complain about why they're messing up and stop blaming it on the country. There are people coming from outside to make money and u're here complaining? It's sad
@Glass_Nkoaa Exceptions do not make the rule. Jobs in essential services like health care, teachers, police, fire brigade, pay very little by comparison. There is a fundamental problem motivation and ambition aside. Also, If you have a pub, you are also dependent on people who likely earn far less than you to spend their disposable income in your establishment for you to turn a profit, so you should go easy a bit. Would you chastise them for spending in your pub instead of saving? Lol
@rd4798 keep making excuses and suffer. I was in Canada recently and people were crying. Their minimum wage for people over 21 is only £9.20= 16.5 canadian dollar. In usa its between 15 to 16 dollars around Newyork area. Keep complaining as u don't know how good u have it. I know of an nhs porter who makes £70,000 annually before tax. His wife also makes £50,000 as a cleaner and they have their son in Ghana. The man has two days off on weekdays but does 16 hours on the other days. I know of nurses making over 6000 daily who work as agency nurse. Those who work as agency nurses in wales make even more. Stop complaining and work hard.
@@Glass_Nkoaa what should I blame myself for? I live within my means have no debt, decent savings and have my health and family. I'm pretty content with life tbh. But that doesn't make me blind to how tough it is for others out there
@@Glass_Nkoaa You used someone working 16 hours a day as an example lol. I can understand working hard but it can get to a point where it's just ridiculous.
I've been fortunate enough to be in a position where I was able to buy my own flat in Croydon at a reasonably decent interest rate. It took me over a decade of supporting myself, whilst contributing to the family and living at the family home to achieve this. With the state of absurd student finance payments (They take £500 of my monthly income), tax rates that don't support hustling harder (Check how much you'd be taxed outside of an LTD if you run a side business after earning above £50,000, let alone more), and a job market that doesn't yield accelerated career growth (The job market is the worst it's ever been, despite me being in a high-demand industry), there is simply no choice but to plan an exit strategy out of this country.
@@YesmayneBoth of your comments highlight why we want to leave this country. Someone suggests he should start a podcast and bring his message to more people and both of you came with negative energy. No entrepreneurial spirit. Tall poppy syndrome.
this is not happening by accident
Over inflating the money supply. Big corporations in bed with the government full of career politicians. Everyone's looking out for themselves and now, we are screwed bro.
It's the great Reset, are you enjoying it yet?
@@microfarming8583 building back better. better for who?
You guys aren't seeing it. They print money out of thin air. billions trillions. There is a lot of money. But a group of people keep taking all the money and keeping people poor. its sickening but there is a way, people need to wake up and understand how this messed up game works. THEY ARE PLAYING WITH YOUR LIFES,
You will own nothing and be happy everyone renting of the rich for ever nobody will no longer own there own home
Same story across the Western world, it is by design.
Yes, we are told that we will own nothing and be happy. Now is the time for mental fortitude and resilience.
Handing out houses and cash to the new people coming in, destroying the natives......hmmmm I wonder why.
When you want to welcome the entire world to europe, and not expect consquences... Build as many houses as you want, with the freedom of movement it will never be cheap. It's basic supply and demand.
still better than nigeria
All thanks to Zionists. They are the ones engineering all this. They own the banks the media orgs the big multinationals and they own the majority of the politicians.
You should listen to Gary's conomics he's been campaigning about this for a while. He's an ex trader and saw this coming
Yep!
Factz
Gary is pretty smart but he misses the best solution Bitcoin. One day he will help his subscribers by actually researching it and spreading the message.
That man is a gem,simplify economics really well
Get King Richez on the show 😂
Would good if you discuss this on your channel bro it's hard, enough just to live let alone on your own house in a good area, the house price in the borough West London which i came from is between 450-500k. I live in the West Midlands which is cheaper but it doesn't as much high paying jobs.
@@greengemaudio4830 Nope there is no industry. A greater range of jobs and the higher paying jobs are in London. It's cheaper outside of London hence why people moving out but then need to get back in for work. In 2006, I said this nation was a sinking ship. The ship has sunk.
Haha big facts. It would be one seriously insightfull conversation.
As a polish guy in the UK, I agree wholeheartedly. My solution is that I'm living way below my means. Renting a room and working night shifts, saving 90% of my earnings after what I pay for the room, while building a house in Poland only because I'm blessed that my dad is still alive, retired, happy to help, and used to work as a builder all his life. All these factors had to be aligned for me to have any hope for the future. I say: earn here, invest abroad, learn the language if you dont know it, and retire in a cheaper country. That's the only solution left for people like us in this country.
💯
Why are you commenting under a black peoples channel? They are your enemies
@@Lostboyyo "truth spoken even by an enemy is still truth" that's my spin on a quote that I like. And I don't consider black people my enemy. Evil is my enemy, and God is my saviour. I'm aware of certain patterns of behaviour in the black community, to disregardit would be unwise, but to disregard the whole community would be even less wise, there are a lot of black people that I respect as well, and I'm happy to learn reality from all the different points of view.
@@piterbzymas6462 Watch how Poland turns into the same sh8thole the West is becoming when the black population increases to 3-5%
@piterbzymas6462 Thank you my brother as a black person myself I am your friend not your enemy. don't listen to this dickhead.
Eastern Europeans came to work in uk in 2005 onwards because the wages were 4 times their own country ! Now wages in their own country are only 20% less , many have gone back home to live ! And buy houses for half uk price !
Bro my job in Poland is now almost 20% more than the UK, this country is a joke
I've literally been arguing this for years only to be shot down by older people who paid 25k for their 1st and 2nd houses and sold them for 700k. Apparently, it's the Costa coffees we all drink and like the man said, the Netflix subscriptions that are holding us back... so nice to hear this from somebody else!
Yeah the boomers think they were hard done by due to the interest rates being 15%-20% on a house but they fail to realise that houses are now 10x the average salary compared to 3/4x in the 80s. Heck of a difference
The older generation are so ignorant lmao. It shows that in many cases wisdom doesn't come with age..
I hear you mate, impossible for young folk to get on these days. Throw a kid or 2 into the equasion and it's even harder...@MR12AMAZING
@@MR12AMAZINGyou sure arnt winning any Nobel prizes. I agree house prices were a lot less in the 80s relatively speaking but salaries were a hell of a lot less. I started work in 1988 and I got a gross salary of £4,000 per year. I got a tax free allowance of £650 and the tax rate was 33% basic rate. Now the minimum you can get paid for a 40 hour week is £22k and £12.5k of that is tax free.
Where do you think that money has come from. It’s the people in the middle of their careers. This is why the average wage is so bad.
When interest rates were low the actual difference between when I bought my house and my salary and the amount I’d have been paying if the situation was moved back 16 odd years was £50. Now with the interest rates back to almost what they were when I bought my house in 2000 monthly payments are insane. But house prices rose because mortgages were so cheap. They were aloud to lend amounts to people with 30 year or more mortgages. Blair’s government deliberately pushed up house prices so he could give the bankers billions. It’s all there in the history books.
I’m not an actual boomer btw. But before you go slagging them off think about this some of them had to go through rationing of food. They couldn’t afford cars at all, motor bikes were a bit of a luxury. Holidays weren’t abroad but were a weekend by the sea in the uk. Every generation had their own things to gripe about but the constant is that the rich sit there laughing at us while they extract more of our money through mortgages, insurance, etc and make it harder for us to make money. Thats what the Tories were doing and now Labour are going to tax the crap out of things. The country is on a decline.
Boomers are the most greedy, selfish generation of them all. You ever met someone who lived through the war? They are usually solid, grounded and generous people who want others to do well. Boomers never went through the war and grew up in an era which was promoting population growth.
Don't forget, compared to the boomers in their heyday compared to ours - there is around ten million more people now than there was then meaning more competition in job markets, housing demand etc.
Boomers had it too easy and I'll hold onto that theory until the day I die.
THIS IS BEING DONE DELIBERATELY.
NONE OF THIS IS ACCIDENTAL.
bingo
Thank you! As someone who works in high level Central Government, I've been saying this for the longest time.
I've had so many politicians laughing in my face as they venture off for the weekend to their grace and favours 4th property, I lose count. 😳
200 a month for food, god bless you man. Your figures aren't even high but the fact remains the same, this country is unlivable.
£200 after bargain clearance food hunting😅
100% on the haircut. Used to be 10 quid, then went to 15, then 25. Now close to 25-30. I used to get a haircut every week. Now it's like once a month.
100%.
I still get mine for 15. I don't know maybe your barber is an old friend or something
learn to cut your own hair. invest in top clippers and trimmers tho.
I been cutting my hair for over a year now. Best thing I done. I give myself a trim every week am getting cold at it I been barber twice this year just to learn a few tips
bro,i do my own haircut since 😂😂😂😂😂ita cheaper to buy hair cut machine and just go number 3 on ...😂
Got it all in a nutshell, having a partner, children and a home you can all grow in is one of the hardest things you can do in this country now
it's wife or gf bro. partner is for the rainbows
You guys sounds tired 😆
@Selvamani5553ff and what if you’re gyal reading the original comment. See past yourself…
@@A-se2ur ? i don't speak ebonics
Neither is he. You just lack comprehension ability.
average salary is a fake metric to judge the financial state of most people, while the average salary is 33k the modial salary in uk is 23k
The mandem speaking nothing but facts. Not happy in the ends at all only thing keeping me happy is my expensive ass gym
lol this is too real
I left the UK a year ago and it was the best move for me and my family. Back in the UK I was earning 70k but had less money at the end of the month than my friends on benefits who had free childcare whilst it set me back 2.5k a month for two children so that me and my wife could maintain our careers that we had worked so long and hard for. We went to see the council to see if we could get any kind of benefit or financial help but we were penalised for having savings, owning a house and earning just over a certain wage. The advisor from the council said that we would be better off if I took a pay cut and we didn't own house or have any savings, then we would be entitled to significant benefits. The country is a joke, the system is broken, I'm not coming back.
Where did you move to, and what did you work as in the UK?
I too remember applying for council housing in Camden Council years back only to be penalised for not being a rape victim, a single mother or a refugee, Even though I am British and trying to make a living as a newly qualified GP in central London earning around 50K
@@DeezN1892 worked in construction management in the UK and now do the same job, better wage and completely tax free in Antigua. Weather is a better too!
@@zcharg0move to Australia, that's what I'm doing. Also if you work a bit rural in Queensland they give doctors a nice 70k bonus hello and nurses 20k.
@@ProcyonAlphaAustralia is an expensive, woke hell hole. Think again
Everyone’s faking happiness, you hit the nail on the head.
The only solution for this messed up economy is making more money lol imagine that.
Most people give the illusion of living it up but they ain’t fooling no one but themselves
Need to rise and and protest that what the yellow coats in France were doing
@@FalloutMemphis Yep the illusion is real, people are definitely faking happiness something I can’t do
Faking happiness?
Fuck your external situation and external things your inner self comes first.
Your thoughts are your personality.
If you are grateful for everything about your life and you achieve belief in yourself and self love to the highest degree, its impossible not to be happy.
Your just comfortable being in your own skin, your own thoughts are so positive and bright. Your like a walking ball of pure energy when you achieve a certain belief about your own path.
Flow state in life I'd achievable for everyone, it's just your level of realisation really.
No one is faking it intentionally though - this is all controlled by the goverment - we have been conditioned to expect less we have been condition to want less.
If you think it's bad now - our children's children will be living in an absolute hell hole.
You also forget that for these jobs that pay 30k we gotta have 10 years experience and a degree that it’s us in debt 😭
Investing in alternate income streams should be the top priority for everyone right now. especially given the global economic crisis we are currently experiencing. stocks, gold, silver, and virtual currencies are still attractive investments at the moment.
You are absolutely right 💯
Am looking for something to venture into on a short term basis, I really need to create an alternate source of income, what do you think I should be buying?
Cryptocurrency investment, but you will need a professional guide on that.
Facebook 👇
Evelyn C. Sanders
Subscribed. These are the conversations we must be having
this cos the reality for this younger generation is peak n socials don’t really point it out we’re f’d
Here in Scotland they are still talking about the weather every chance they get
Same new subscriber here too
Likewise mate 🙏🏽
Been having them for hundreds of years but you lot consent 😂
Literally slave's to the system, slavery is alive and well.
Right, the politicians in the UK love to say the UK helped to end slavery however. Bare faced liars.
Yeah it’s rigged everywhere. Housing is the main issue and wages are shit. Fun fact - the average house price in the UK is currently £286,000 if you are expecting a 5% increase year on year (this is what it is currently) in 70 years the average house will cost £8.7 million. This is not sustainable. Now wages, if we put it on the same trajectory as what we are currently at then in 70 years taking the avg salary which is currently £33,000 it it will be £261,000. Out current economic conditions are not fit for purpose. It’s not capitalism to fault, it’s that we are all living in a feudal system hence the name LANDLORD (LORD) being the big guess. Alongside a handful of corporations who own the economy.
Over that length of time 2% is more realistic number for house price growth.
Edit: do salaries go up?! Certainly not like house prices.
The point is. “You will own nothing and be happy” - K Schwab
WEF/WHO/UN are NOT friends. Government is puppet to banks.
It’s taken 16:45 decades for you lot to wake up…
Truth = conspiracy + time.
Yh i bounced from the U.K.
Council Tax - wouldn't mind paying if shit was getting done and street lamps, roads, pot holes,etc were sorted but they not
Road Tax
Income Tax
National Insurance
Sugar Tax
Fuel Tax
V.A.T
Tobacco Tax
Environmental tax
Stamp tax
Inheritance tax
Air passenger Tax
Excise Tax
Insurance premium Tax
Then let's talk about Gas and Electric Utility Companies and their Extortion. Charging you daily Standard Charge for just having their meters fitted in your house for gas and electric so even when you don't use anything your still billed for the meter just being there and then the whole charging you more for peak and less for off peak. The resources used for production don't fluctuate on price based of peak and off peak requirement, it's a steady flow of supply.
Water companies charge you Surface Drainage Charge for Rain that falls into your Garden and goes down your garden Drain. They charge you money to clean rain water that you haven't even used and have no control over. They charge you money to fix water pipes buried under your house located outside of your garden on the public footpath.
In the words of Mortal Kombat
A-N-A-L-T-A-L-I-T-Y
Where do you move to
For the working class now in Britain its shit , I'm 50 , Anglo saxon , I'm underclass now , used to have a nice house , ex wife took it , now I work 2 part time jobs and have puppies once a year , I'm skint after tax and child maintenance and bills , no money at all , I can't even afford a takeaway once a week
Wish I could buy you a takeaway mate
Marriage is some BS, Honestly mate alot of guys in your position, getting divorced is tough.Keep your chin up even my mechanic warned me not to get married these days
man u got pummeled
You still have time to make a change. Read a couple of books to get mindset right, Rich dad, poor dad, Think and grow rich. Maybe learn a quick skill. Don’t throw the towel in yet.
The more I hear stories like this the more I becoming opposed to marriage. I feel for you mate.
This is how my mind works on a daily basis.... I run the numbers through my head, and it just doesn't add up... if I wasn't in the Job I was in, I'd have already convinced my partner it's time to leave. I'd rather be poor somewhere on the coast of Spain/Italy than be poor here
You will own nothing and be happy. Guys you probably already know this but go do some research into Klaus Schwab and the World Economic Forum
The UK punishes people who work hard. When you make more money, they tax you disproportionately more. If you earn $300,000, you’ll be paying like 45% tax. So, why work harder? Also, inflation is making housing & bills unaffordable. Trust me, move somewhere else. There are other countries that reward hard work and allow you to get rich. Singapore, UAE, India, etc… I run a data company and I’m moving to Turkey because I can hire more people & get a larger office there. 10,000 millionaires are leaving the UK per year and this country is going to become poorer. Let the illegal immigrants enjoy it.
Awesome! What about taxes in Turkey? How is it?
@@napoleoncouttel9867 we won’t incorporate in Turkey. We’ll stay a UK corporation. The UK tax system favours corporations, not individuals. We’re VAT registered, draw modest salaries & keep a lot of the money in the company. Corporation tax is our largest tax, not income tax (which is the devil). Eventually, we’ll incorporate in a low tax country but it’s fine for now.
You should try living in France..I earn 35k a year in France ..the government wants 10k of that😅
Everything the guy in grey was saying is the same stuff I've been saying since around 2010 only difference is that in 2010 you still had a chance to make things happen. Now we are completely finished.
So is it compulsory to live in London I honestly don’t get it London is designed for the RICH
Your talking facts, if your living in London and not making 50k a year your struggling
It’s time to leave for the Middle East, parts of Africa or parts of the Caribbean
Correct
South America too. Way cheaper to live in places like Colombia, Argentina ect
Parts of the middle east too😂
Please leave
@@eltrappososa9913I'm thinking UAE.
Read into the world economic forum's agenda 2030 and then ask yourself why everything is happening. Also, the average income is also inflated because some statistics only average London's income and London's salary's are inflated compared to the rest of the country. So technically - the average salary is around 27k.
But where is he going - most countries are racing towards different degrees of rubbish. People getting screwed over all over. People are sick because the environment is sick
The Middle East is worlds apart my friend.
anywhere in south east asia
@@menoswater1032depends where. The gulf states yes but they are soulless and their expiry date is coming.
Somewhere were at least you can grow your own food would be a start. Spain were ever
Real Talk I Tried Explaining This To Someone Before They Thought I Was chatting Shit
love the thinking lads, id fuckin love to come get involved in this chat with yous, this is my kinda talk. i bought a drum in south east asia because of this reason. this country is fuckkkiiinnng finished lads. Take ur money and go up north and buy houses to buy to let or convert to hmos is the only way to get ahead if you live in london
Its the reason why so many youngers are turning to drugs whilst working, sad to see but people genuinely can’t survive in the UK without having an illegal source of income be it drugs, untaxed physical work etc
When he said how much money someone could save per month that was a wake up call, I am working to pay the bills. I never actually considered to myself poor… but I’m sat here in my 20 year old track suit having just worked out… i don’t believe it … I’m actually poor … educated… skilled hard working and poor…. I need to have a think.
the Uk is not finished 😅but London and the south definitely as you stated. Moved to Leeds and brought a house 🏠 ( living like a king 👑 ever since )
Factssssss
That’s true, but if you consider leaving “home” you might as well go somewhere earning more or better weather. Moving up North is only an option if you’ve got to stay in England.
You live in Leeds which is great. But you’re still getting taxed stupidly compared to other countries. And you don’t know whether it will snow or rain even in August.
It’s not worth it man
not even 3mins in and I have liked and subscribed. real talk right here
I'm not sure what the answer is, man. It's just so depressing. Completely broken system which seems to be in place whereby the world is built for the rich to get richer and more and more people are broke. We spend like 90% of our money on rent and bills! Everyone is depressed and angry because we are living to work instead or working to live. We have no lives. No fun. It's just stress and work. Everything costs a fortune and wages have barely gone up!
I left uni in 2016, with bachelors in mechanical engineering, typical contract rate was 40-50 an hour, 8 years later and it's the same rates I see advertised, I don't live in UK, but I do get job offers in my email and I know salaries in UK are not going up for mechanical engineers.
Where did you move to out of interest?
Ridiculous
Go abu dhabi
That's because too many people are graduating and not enough jobs replacing them. Demand is not as high as their options.
Uk jobs are just not great
@@Jonathan-tw4xm also people aren't retiring at 65 anymore.
So true! I live in Croydon and I’m 41 year old, a single father of 2 teenagers( their mum suddenly passed away) and I’m having to move back in with my children to my mum. I’ve been saying this for a while… this country is FINISHED! If I did t have my children I would’ve probably checked out. They give me a sense of purpose and responsibility.
If you want to see how depressed people are drive through west Croydon and you can see it.
Only way out is to win the lottery 😂 Other option is pray and hit the gym to get a bit of stress relief. Oh and plan your escape route.
Working 50 hours per week to break even the system is broken
Honestly this is the same thing happening in most developed countries. You need a high paying job to survive regardless of the country. This is why there is a rise in populism around the world. Migrants are the targets but who is really holding all the money. Really think about that.....
The change is in who owns the assets (houses, cars etc etc). It has shifted from the middle/working class to the 0.5% of the population who hold these assets in multiple forms including YOUR debts.
Most of all the worlds assets are held in trusts in off shore bank accounts avoid paying taxes.
Just one of the people hiding all there assets in these account would probably amount to how much they’ll be getting extra from cutting winter fuel payments.
But that is how power is controlled if it was any different the whole thing would collapse at this point
or become self-employed/ run a successful business. Business owners are doing okay if they're running the right business. multiple sources of income is also a must.
This guy Gabriel thinks is only UK that things get bad he should try Europe he’ll come back in the UK and shut it
Yeah, the rent on my very first property around 24 years ago was circa £200 The rent on my last place was circa £800 that's a 300% increase.
Had your salary increased by 300%?
@@intellicogroup405average salary has gone up 70% since that time
England is a mess. Worked my guts out on a central London hospital (2×). Company is two days late with payment. Fired for gross misconduct after saying something to a bright young spark under my breath?
Will I get paid??? I don't know.
Maybe the boss is making an example of me?
Recently married.
Praise be to God.
Its peak times for people born between 1997 to 2008.
I'm from London but I live in Suffolk now, I pay less than £700 a month for a 2 bedroom apartment, I studied hard and have a great job with a company van so i'm not spending money on fuel. I live a simple life and enjoy what I do and my savings are increasing every month. Maybe move out of Croydon?
Get a remote job and move to Thailand or Portugal and invest ur Ps
“People are just pretending 😩😂💔”
Stop working for people and work for your self, in 3rd world countries most people have their own organisations because work does'nt pay well
this needs to be a podcast so i can listen to this at work
i’ve been saying this>>> they should ask for them dilemmas like my man with the salary saying “am i still a man”
So what is the solution ?
Are we meant to be working 50/60 hours a week barely to break even and pay bills, with nothing to show for, and no fixed assets ? That's it ? That is a pathetic life I can't lie and I just turned 29 yesterday. Dreading what's coming up.
I left London 7 years ago and bought a 3 bed in Peterborough. I thought I was made. But what's happened is my wages didn't go up as fast, I failed the mew affordability on the remortgage, now I'm back renting. I also have 3 little kids which is another expense I didn't have. Its tuff out here
The problem with the narrative that one should leave London and go up north is that the wages up north aren't that great and the job opportunities few and far between. The awful truth is that owning a business /being a tradesman of some sort or lucking out some inheritance are the only things that can help.
😢 Nice analysis and breakdown....however, London is NOT the UK....on the grand scale, the UK is finished and we definitely cannot depend on ANY government to save us....however, there are parts of the UK where cost of living and home purchase are slightly cheaper and more affordable...when it comes to retirement, you are far better off in Thailand,Vietnam, Philippines or in Africa where your pension payment will give you a bit of luxury till the end of your life😅.... Yes...LONDON and the SOUTH EAST is truly FINISHED.
I think Gary's economics explained the issue well, basically too many billionaires/multi millionaires hoarding wealth therefore everyone else ends up broke and the governement refuses to tax them (probably in their pocket)
In 1988 i earned 3.20 an hour as a laborough on a building site.
With my first hours pay i could buy twenty cigarettes a pint of beer and my lunch work that out to todays money .its shocking
Yep. Working just to pay bills. Here in the USA 🇺🇸 its the same. Nyc rent is sky high here. Two options go abroad or upskill. 😮
Humanoid robots are coming to take all our jobs in the next 5 years. So things will get worse. Or better.
I think money will become meaningless within 10 years. Because robots will be doing most the jobs.
I’m a head chef for a decent resturant and still find it hard.
Thats one of the hardest jobs you can work, respect
The economy is designed to make things hard for us and it's sad
Honestly I feel like this. I earn a good living but the way things keep going up is ridiculous. The system literally does not want you to have any money left for any type of enjoyment. All the money needs to go on bills and extortionate taxes😮😮
The tax percentage increases are criminal. My brother earns 100k and pays 33k in tax. 4 months a year working for nothing. A third!
That's called slavery
1350 for 2 bed in north London could never find that
I’m paying 1200 inbetween Wood Green and Tottenham for a Large en-suite ROOM.
And thats a terrible area at that. Loads of crime, stabbings etc. nobody would choose to live there if they could help it. Now if you’re paying $1200 for a room… *IMAGINE* just how much more people must be paying for an actual safe area.
brokski , i live with my mrs zone 5 North West around South Harrow , 1 bed flat 1400 a month and the landlords tryna talk about increases to 1500 p/m , thats without bills or council tax. Last place we was living was a rat infested studio flat in West Ealing near Hanwell (Rats actually coming out a hole in the wall in the bathroom and burrowed a hole through the floor into the bottom kitchen countertop where the sink is into the bedroom) this is back in 2022 as we had no where to go and it was 1100 a month... If u wanna live in London on ur Js and u aint got enough p to buy ur either paying 1400 a month or living in a shared house which is still gonna be about 900 but will usually have bills included , just peak if ur landlord is a scumbag that leaves holes in the roof for 5 months or u end up with some dirty cunt that treats the yard like a landfill lol
@@matterphor_uk4737 God damn it’s peak out her bro
@@courtneyellis7988 yikes, is that studio or house share tho
from 1985 to 2024 the UK has fallen sharply in quality of life, the good days are long gone.
This is one of the best video I have watched on this topic. What happened to the UK? Even 5 -7 years ago it was not this bad!
Greed (always has happened but manifested uncontrollably now)
Government give out hundreds of millions in contracts for all of their friends, their friends do nothing and the public pays for it: cycle repeats
Same happened in covid and just before to all the health clinics and test and trace schemes,
has been in construction for a long time now which is why there's empty/derelict houses and the roads are still broken
Police force gets random investments, security firms alike, private lodging and claiming false expenses on the publics behalf (starmer rented a 20k penthouse for his kid to allegedly revise)
We get blindfolded and fucked by the government but nobody really cares anyway
I agree with everything you have said mate. Spot on! Don’t forget some of us have to pay back our student loans and then we are supposed to save money for our pension which the government will tax you on when you come to claim it. We all need to be on about £100K to live comfortably!
Interesting how many men have the same idea as me. I've been saving up to leave for the past 6 years. I could easily buy a house in another country and move there already but don't have the income to do it comfortably yet.
Well said. The dream In the UK as a governed hole is not worth fighting for,
Basically, the single persons tax. Living alone on a normal salary in the U.K. is fast becoming a luxury that only the rich are able to afford or those with help from bank of Mum and Dad. Even the last government said the U.K. is a two persons economy.
Haha yes, where did they say that
It depends on your lifestyle and your income. I'm single and I'm self-employed. I'm doing okay because I buy what I can afford, I drive a car that's paid off, and I live in a city/ area that I can afford. I even get to go on short breaks regularly. London is a different story altogether but I've never lived with a man and have always worked and paid my bills. I don't have a credit card, overdraft or any loans.
@@mariancounsellor yeah these people just need to leave London.
Nooo dont come here haha stay the fuck there. Haha@@chickenmadness1732
@chickenmadness1732 Most of the job are located in London. Its a bit hard to leave London.
School teaches you to become a worker/labourer
No one is taught about money investments from young but we're led down this rabbit hole that if you work hard in education you'll get a high paying job and will be able to save more etc.
If you're young and still living with parents, learn how to invest and make your savings work for you - don't just save money because money is losing it's purchasing power every month. The speed at which everything is going downhill is mad
People ain’t got enough money to leave bro
That is the kicker
Live homeless and save every penny if you have to. Only going to get worse mate
Work live in that country you moving to and work in the UK also 💭 6 months the country you moving to 6 months back home UK?
Yo yo lifestyle
Should have started saving up along time ago.
I decided I was gonna leave as soon as I got out of university 6 years ago and have been living with my parents saving all my income ever since. I can actually afford to buy a house without a mortgage in Japan and leave for good now. I'm just waiting till I can have some kind of online/passive income because I don't want to work there lol.
If I moved to a cheap country like thailand I'd probably be able to survive on my savings alone for like 20 years without an income. Wouldn't be permanent though so no point moving yet.
UK culture - we're too negative, complaining constantly. How about we thank God for everything in every situation and use the energy that goes to complaining in just building a 'no choice but to do better' mindset and perform daily. Spiritual peace, correlates with mental and physical. I say this as a muslim who seen the reality of changing my perspective and focusing on blessings.
Bro when you see what £ can get you in lekki or Accra, you'll literally shake your head on 3k you can rent out a mansion, have your on chef and driver and still save 1k, you're money stretches even further when you looking at the Philippines
Accra is expensive!
Only if you can work remotely and make this kind of £.
Why would anyone stay here then if they know what they can get in their home country, I'm mad confused lol
Yeah, ofc you can live like a king if you're rich in western currency
@@Joooonya Because the salaries in those places are awful. You can only really make it work if you're able to work remotely.
I can't lie, the only way to get ahead is to invest in assets (stocks being the best when just starting out) but they never informed the majority of this, only the minority.
I'm noticing many people are not investing so they *simply* work to make money; and nothing else.
That is literally a life of slavery.
Lol I can't lie I just made my first 6 figure business at 25 lol you can't get rich working a job in the UK
Great video. Everyone acting and full of egotistical personalities it makes me laugh how everyone acts the similar way, talks and sound the same can ppl 😂 like look around 😅😂❤ then say your the nutty one for pointing it out !😂 ppl be side eyeing when youre not afraid to be yourself 😂😂😂😂😂😂 point is human nature is sheepism especially in london though everyine fake as duck and on top of that judgemnetal of someone whos unique and them self like all them gangsters😂 juzt tired and bruk 😂
Feel the passion, love the deliverance guys
Finally…someone brave enough to openly talk about this!! I’m pissed off with the current tax burdens in this country. 😤
Millionaire 30 YO here and I HEAVILY disagree with this. Love your videos my man, but I really think some aspects of this narrative gets us nowhere as a collective.
Being optimistic about certain things helps:
- it has never been easier to work remotely
- it has never been easier to start a business / work freelance
- it has never been easier to buy liquid capital assets
- The biggie that I am pushing my youngers for - It has never been easier to learn a trade!
Doing simple things consistently helps:
- Buy a property outside the South East (Black people are glued to London and that city is finished)
- Pay into a pension (salary sacrifice is best)
The mistake people make is thinking that earning will make you rich. But that has never really been the source the true wealth, not really.
Historically property has done this for Brits, that's why we w*nk over houses, but now it's the time for stocks / become a tradesman / freelance work.
Yes it's hard. Tories f*cked it for all of us but there are things that we can do now that we have never been able to do before...
p.s. this isn't survivorship bias. I still work for 'the man' in a 9-5 and have never earned a high rate salary, but I did all this and am pushing for us as a collective to try and do the same...
p.p.s. I have seen Atlanta... the houses are made of cardboard.
Still work 9-5 but you are a millionaire? No hate just super confused ?
@@RickyOwen-vf6obfair question. Can't retire on a million quid any more - not in your 30s anyways. Soon though.
Google: shockingly simple maths behind early retirement 👊🏿
Learning a Trade is pure FACTS. Every tradesman I know works for themselves, and makes bags on less hours per day than me with two jobs!
If I was younger I would do that
@@MalcolmTrezcould switch careers?? Just be sure your joints will allow it. And that you bank the money.
It's no PureGym... Those guys lift crazy weight
@@RickyOwen-vf6obfair question!
Tl;Dr you can't retire on just a million any more at 30.
Google: the shockingly simple maths behind early retirement
(Thank me later).
Very Real & Informative!
One of those who left London for Lagos so will give an informed take here. You're going to need a lot more than N3M per annum to live in Banana Island. Maybe after Lekki Phase 1 so places like Ikate, Sangotedo, Ajah etc that should get you a 1 bed, maybe even a 2 bed for the N3M ($1807) per annum. I live on the mainland and pay N2.5M ($1506) per annum for a serviced studio apartment and meet my all my living costs/going out on N1.1M ($662) per month, without having to touch my savings or investments. I WFH doing a international remote job, 31 years old with 0 dependents and single. My gym and supermarket/market is minutes away from me so have no need for car. Hope someone finds this information useful if they plan on leaving West for Africa.
What about the safety bro
@@Yesmayne I feel safe in Lagos. Nobody has ever jumped me for my phone, never been followed home by roadmen here among others. Downsides, you can't rely on police if shit hits the fan here. That's not me saying this is utopia but I feel safe in Lagos because I generally stay in safe areas. Areas which aren't so safe I find myself in, just like I would anywhere not bring attention to myself and be aware of my surroundings. Ultimately though, safety relies much more on company you keep though, in my life experience. Hope this answers your question.
commute as well. remember fuel costs money.
Done it to ourselves, the amount of money that was printed during 2020-2021 is the cause of this.
Capitalism is the problem all the wealth is in the hands of a few.
Can’t believe I had to scroll down this far to see this. 2020 changed everything, we are only just starting to see the effects now.
@@krudwurk5720 I know man, people don’t seem to grasp it.
You didn't add in gas, electric, water rates, council tax...
Finished almost impossible to survive
Average home price in England is about £300k, people think if your on £50k your rich absolutely insane smh
Everybody I know is looking to emigrate, we need to live not just exist..
Serious talk; no one is speaking out on how bad things are getting.
I search youtube and it is all about American.
Brits silent!
Well done for talking out brothers.
Brits are suffering in silence.
💯facts
Just move to a small town up north and all your bills half
I’m 17 rn. Looking at the economy at the moment. I’d rather be in Germany. Im defo leaving this place
Good luck. You'll have better quality of life.
Go man GO!
Germany is going down hill too
Germany 😂 Germany Is In Freefall,
Just Make Sure You Do Your Homework/Research First Before Moving 👍.
I’d hold off on Germany. 5 years ago they were in a much better position than now. Switzerland is a better bet but again the whole of Western Europe and much of East are beginning to struggle like us.
The 1992 Rio earth summit explains all to the, " Cannon Fodder unfortunately that populates the earth ".
That’s why some man gotta stay with baby mums in the council flat . Save money on rent
only way to save lool but makes a man vulnerable
Lol all good till the baby mom's tell you to get the f out
All well and good until baby mum can’t afford her own yard
@@A-se2ur she’s good man , getting her rent paid for . She ain’t working
It’s literally the equivalent of staying at your parents house. No rent. No bills. You only pay tax on your income. No reason you cant be saving at least £1000-1500 a month save that for say five or more years and youve got a big pot of money to go wherever you want. Stress free.
I was thinking about this the other day. The only was is fix this is ban landlording and crash the market...but that would make so many renters homeless.
Great video - this place is done. Saw a video by nomad capitalist the other day saying even the billionaires are leaving. We're literally paying to survive and be stressed at this point
Man I dipped out of London, moved to Norwich, better schools, better cost of living
Gabriel is speaking facts. Make 3500 rent 1320 probably can save 500-700 and im not fancy at all. Living on an average salary in london is near impossible
I make over £20,000 monthly and I came from Ghana. I work as a quant. U have no excuse. U should blame ur parents and urself. I'm enjoying life in the UK as a quant. Also have pubs in Ghana and here and London too. People should complain about why they're messing up and stop blaming it on the country. There are people coming from outside to make money and u're here complaining? It's sad
@Glass_Nkoaa Exceptions do not make the rule. Jobs in essential services like health care, teachers, police, fire brigade, pay very little by comparison. There is a fundamental problem motivation and ambition aside.
Also, If you have a pub, you are also dependent on people who likely earn far less than you to spend their disposable income in your establishment for you to turn a profit, so you should go easy a bit. Would you chastise them for spending in your pub instead of saving? Lol
@rd4798 keep making excuses and suffer. I was in Canada recently and people were crying. Their minimum wage for people over 21 is only £9.20= 16.5 canadian dollar. In usa its between 15 to 16 dollars around Newyork area. Keep complaining as u don't know how good u have it. I know of an nhs porter who makes £70,000 annually before tax. His wife also makes £50,000 as a cleaner and they have their son in Ghana. The man has two days off on weekdays but does 16 hours on the other days. I know of nurses making over 6000 daily who work as agency nurse. Those who work as agency nurses in wales make even more. Stop complaining and work hard.
@@Glass_Nkoaa what should I blame myself for? I live within my means have no debt, decent savings and have my health and family. I'm pretty content with life tbh. But that doesn't make me blind to how tough it is for others out there
@@Glass_Nkoaa You used someone working 16 hours a day as an example lol. I can understand working hard but it can get to a point where it's just ridiculous.
Then people wonder why nobody is having kids, like bruh I can hardly afford to keep my dog.
I've been fortunate enough to be in a position where I was able to buy my own flat in Croydon at a reasonably decent interest rate. It took me over a decade of supporting myself, whilst contributing to the family and living at the family home to achieve this. With the state of absurd student finance payments (They take £500 of my monthly income), tax rates that don't support hustling harder (Check how much you'd be taxed outside of an LTD if you run a side business after earning above £50,000, let alone more), and a job market that doesn't yield accelerated career growth (The job market is the worst it's ever been, despite me being in a high-demand industry), there is simply no choice but to plan an exit strategy out of this country.
when he calculates it at 60k did he factor in jumping to the next tax bracket? you get over 50odd k and you get shafted with 40% tax lmao
The average person lives to work in London. The person above average works to live in London.
People who live in London by choice are fools
The UK is a lot bigger than London.
why do you think that is for example VAT tax was made up of thin air, 20% for the privalage of buying or selling on kings land, comeon man
Gabriel please bro start a podcast!!! You talking facts and as always very vulnerable with your topics.
What would be the point?
Why? He's doing what he likes with his friend.
@@YesmayneBoth of your comments highlight why we want to leave this country.
Someone suggests he should start a podcast and bring his message to more people and both of you came with negative energy.
No entrepreneurial spirit. Tall poppy syndrome.
Brilliant topic of conversation, thought-provoking, and considered! Left me thinking, "What am I waiting for?" 😂
Chis get a brother called shamsi on think it will be a good conversation about life purpose and religion. He’s well known in London for knowledge
The guy from speakers corner 🤡