Maslows hierarchy of needs. You can’t expect people to be productive at work when they’re worrying that work won’t pay enough to keep them warm at home even if they’re on the cheapest tariffs.
I make an okay amount, nothing impressive but enough that I shouldn’t be worrying about energy bills, and even though I can afford to pay the extortionate prices at the moment there’s a nagging worry in the back of my mind that the money lost on energy now impacts savings which impacts mortgage affordability if the rates are bad when our fix ends. Then there’s food prices which are also going up.
I’m in an okay position though and it even worries me. It’s the thousands of people who have to decide when to put the hearing on who will go under and it feels like the government aren’t even addressing it.
I guess I have a question for anyone (it happens in the US, too) who believes the cost of staples (energy/food) is too high....what's triggering that thought? Too much leisure spending?
I don't like paying bills - at middle age now, I see it as something that pushes my retirement further back. Though my wife isn't yet convinced, our days of spending lots at restaurants and distance vacations are over. If you save enough for that kind of stuff, you can do it later in life.
When it comes to living on basic staples, it's never been cheaper (relative to median income) than it is now. A look back to what life was like even in the 1970s as far as disposable income goes is enlightening. Cut internet off or back to minimal, don't pay for a TV license and cut cell phone back to phone only (and ditch a house phone if there is one). brand name clothing, expensive shoes, all of it is kind of entitlement for the middle class now that never really was.
Cut meat consumption back and change over to simple carb staples (cutting meat consumption back to 1900 levels for a middle class person is probably a better ideal health-wise, and certainly cheaper).
We're all entitled now. I am, too - fall into the same trap. I don't like paying $200 a month for gas in the winter, but the gas company brings the energy and pays employee benefits and covers the cost of the infrastructure. When I was a kid, we heated with wood. It was "free" all it cost us was a couple of weeks' time in the summer and then off and on time all year (which functionally ends up being more - we still needed supplemental oil heat).
It's just fairly rare that we hear the reality that it's never been easier to make ends meet than it is now, you just figure out what slice you really need and then work from there.
Watch this middle class residential area in LA in the 1940s. These houses may have been beyond the means of many as they were new and there was a lot more voluntary poverty living back then. Not many houses with two cars, I doubt there was much or any air conditioning, most would've had no TV and probably not all had phone. There's no spouting on the roofs except over the porch and they look like they'd have floor plans of about 1000SF.
How many times a week would we guess that these folks got prepared food from the grocery store or went to a restaurant? My grandparents started having kids back then and were of better means than this, but they usually went to a hot dog shop or something on saturday afternoon after finishing working (they worked 6 days a week, and sometimes 7 as one worked on farm, and the other both on and off). They may have occasionally gotten a hot dog and fries and then splurged for ice cream.
There's a million things to do now that cost almost nothing, and one of them is working. Another is finding places to save money or looking through classifieds for things you need that are almost nothing or free. What isn't cheap is having a big house, heating every part of it, paying property taxes for it, owning several cars, having expensive phones, several devices per person plus a computer,.....