Maths and Sunak.

Jamie1952 · **Joined:** Fri Jul 15, 2011 3:56 pm **Posts:** 7079

Sunak is stressing how important maths is, he said it’s holding the economy back because our kids aren’t educated in maths enough, I can’t understand where he is coming from. What level of maths is he talking about, is he meaning kids can’t do basic sums. Of course if they can’t they use calculators, mobile phones etc or Google for the answers, in fact at one school I know of personally in Hartlepool the kids are using iPads at 6/7 years of age for some of their education.

Bluestreak · **Posted:** Mon Apr 17, 2023 3:19 pm

Smokescreen.

Grayhoundend · **Joined:** Tue Aug 19, 2014 12:13 pm **Posts:** 6689

Bluestreak wrote:

Smokescreen.

Absolutely:

As caring as MrBlobby before him.

Sussex UK · **Joined:** Wed Dec 28, 2016 10:34 pm **Posts:** 3458

Don't forget Maths and the Labour Party . :laugh:

Jamie1952 · **Joined:** Fri Jul 15, 2011 3:56 pm **Posts:** 7079

For me in their teens pupils should be taught about savings and investments how to obtain a mortgage etc not having to rely o Financial Advisor who have 2 aims in life. The primary one is to make money for himself the secondary one is to try and make money for you.

Snowy · **Joined:** Fri Aug 18, 2006 12:18 pm **Posts:** 36399

Forget the mortgage advice…I got my first mortgage aged 20, even with a really well paid job, young people can’t afford them.
Which begs the question who’s buying all these houses they’re building, unless it’s landlords renting them out.

accrington fan · **Joined:** Wed Jan 20, 2016 3:22 pm **Posts:** 18937

Jamie1952 wrote:

For me in their teens pupils should be taught about savings and investments how to obtain a mortgage etc not having to rely o Financial Advisor who have 2 aims in life. The primary one is to make money for himself the secondary one is to try and make money for you.

doubt teens have any interest in savings and investing unless they have changed since i was a teen. i did save up for a car but the rest was spent on wine and women only because i could not sing. getting them more interested in financial matters would help as how many of us really have much interest in accounts, understand the complexities of em and where money actually goes. as for maths, apart from arithmetic others aspects like algebra and geometry has never helped me since i left school. really it was like many subjects, you learned em to pass an exam.

Jamie1952 · **Joined:** Fri Jul 15, 2011 3:56 pm **Posts:** 7079

Snowy wrote:

Forget the mortgage advice…I got my first mortgage aged 20, even with a really well paid job, young people can’t afford them.
Which begs the question who’s buying all these houses they’re building, unless it’s landlords renting them out.

The current estates being built are too expensive for buy to let landlords and they couldn’t get a mortgage to cover the cost of buying them.
The government has said we need to be building 300000 houses a year to keep up with the housing shortage. Years ago councils built swathes of estates for rent.That all ended when they were sold of never to be replaced meaning there is a shortage of rentals.
The builders are not going to build loads of private houses as that could force the prices down. The cheap interest rates have sent house prices through the roof, one of my previous houses was recently sold, it quadrupled in value since I first bought in 2000.

Grayhoundend · **Joined:** Tue Aug 19, 2014 12:13 pm **Posts:** 6689

Must have society:

People living well outside thier means.
The last thing people should be doing at the moment is getting on the property ladder.

Credit Cards are a scourge on society.

accrington fan · **Joined:** Wed Jan 20, 2016 3:22 pm **Posts:** 18937

Jamie1952 wrote:

[

The current estates being built are too expensive for buy to let landlords and they couldn’t get a mortgage to cover the cost of buying them.
The government has said we need to be building 300000 houses a year to keep up with the housing shortage. Years ago councils built swathes of estates for rent.That all ended when they were sold of never to be replaced meaning there is a shortage of rentals.
The builders are not going to build loads of private houses as that could force the prices down. The cheap interest rates have sent house prices through the roof, one of my previous houses was recently sold, it quadrupled in value since I first bought in 2000.

builders need to have a maximum time period placed on them from the day they buy land to bild houses on them. so many around my way slow time it and stop building and then complete once the price reaches what they want. love it when people say their house prices have gone up so and so times since they bought it. unless you drop down in the type of house you wish to live in the profit made is gone on your next property. try telling most women you want to sell your detached house for a terraced one to make a bit of dosh. i know the answer you,ll probebly get.

Grayhoundend · **Joined:** Tue Aug 19, 2014 12:13 pm **Posts:** 6689

Jamie1952 wrote:

Snowy wrote:

Forget the mortgage advice…I got my first mortgage aged 20, even with a really well paid job, young people can’t afford them.
Which begs the question who’s buying all these houses they’re building, unless it’s landlords renting them out.

The current estates being built are too expensive for buy to let landlords and they couldn’t get a mortgage to cover the cost of buying them.
The government has said we need to be building 300000 houses a year to keep up with the housing shortage. Years ago councils built swathes of estates for rent.That all ended when they were sold of never to be replaced meaning there is a shortage of rentals.
The builders are not going to build loads of private houses as that could force the prices down. The cheap interest rates have sent house prices through the roof, one of my previous houses was recently sold, it quadrupled in value since I first bought in 2000.

Maggies legacy will be with us for ever.

accrington fan · **Joined:** Wed Jan 20, 2016 3:22 pm **Posts:** 18937

Grayhoundend wrote:

Must have society:

People living well outside thier means.
The last thing people should be doing at the moment is getting on the property ladder.

Credit Cards are a scourge on society.

its nothing new as many have lived on tick all their lives. live now pay later.

elwood · **Joined:** Sun Jan 21, 2018 6:31 pm **Posts:** 239

Jamie1952 wrote:

For me in their teens pupils should be taught about savings and investments how to obtain a mortgage etc not having to rely on Financial Advisor who have 2 aims in life. The primary one is to make money for himself the secondary one is to try and make money for you.

2nd aim is to make money for the companies he trades with, then comes the customer.

Jamie1952 · **Joined:** Fri Jul 15, 2011 3:56 pm **Posts:** 7079

Grayhoundend wrote:

Must have society:

People living well outside thier means.
The last thing people should be doing at the moment is getting on the property ladder.

Credit Cards are a scourge on society.

Interest free balance transfers on credit cards should be banned, people rack up debts on a card, they then transfer the balance to a new card with an interest free period albeit with a fee.They can then apply for new card different company and the debt racks up again.

Grayhoundend · **Joined:** Tue Aug 19, 2014 12:13 pm **Posts:** 6689

accrington fan wrote:

Grayhoundend wrote:

Must have society:

People living well outside thier means.
The last thing people should be doing at the moment is getting on the property ladder.

Credit Cards are a scourge on society.

its nothing new as many have lived on tick all their lives. live now pay later.

It really is new, can,t compere yesteryear with today.

Poolie_on_Tyne · **Posted:** Wed Apr 19, 2023 8:22 am

If you take no interest in maths or finance, how do you know your payslip is correct & you are paying the right amount of tax & NIC? That's a basic skill, whether or not you decide to live on tick

But it's not a new issue. My wife doesn't know her 7 times table. The pensioner from whom she bought tickets couldn't subtract £49 from £52. How many shop assistants have you seen struggle to add up, multiply, or work out the change you need? Some even struggle to give the amount of change that the till indicates. And God help them if you give them the extra cash to ease the amount of change they need to give you

accrington fan · **Joined:** Wed Jan 20, 2016 3:22 pm **Posts:** 18937

Poolie_on_Tyne wrote:

If you take no interest in maths or finance, how do you know your payslip is correct & you are paying the right amount of tax & NIC? That's a basic skill, whether or not you decide to live on tick

But it's not a new issue. My wife doesn't know her 7 times table. The pensioner from whom she bought tickets couldn't subtract £49 from £52. How many shop assistants have you seen struggle to add up, multiply, or work out the change you need? Some even struggle to give the amount of change that the till indicates. And God help them if you give them the extra cash to ease the amount of change they need to give you

the latter has happened more than once to me where say something cost 5.34 and i gave a a tenner and 34 pence change. the till said 4.66 change for the tenner and thats what i got back plus the 34 i gave her. the way things are going though with prices everything soon will be in multiples of 10.

Jamie1952 · **Joined:** Fri Jul 15, 2011 3:56 pm **Posts:** 7079

Darts players are brilliant at counting as are gamblers betting on horses etc, work their potential winnings in seconds.

Snowy · **Joined:** Fri Aug 18, 2006 12:18 pm **Posts:** 36399

We’ll be brilliant at maths after this season’s over, working out all the mathematical permutations this season. :laugh:

Maths and Sunak.

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