Friday, March 21, 2008

How a small brazilian family are getting it right and not the highly paid big banks

Working lunch

This is 20 March 2008 episode of working lunch. Around 23 minutes in Gillian looks at a brazilian family on £495 a month with both parents working. They have fully paid up house. They made changes to their house when they had money. Live within their needs, save up for things before they spend. The wife is planning on retiring within 5 years when she will be 48 years. I also feel they look so young for their age the calm, the composure I have never seen in the UK. Would be nice to see what you think about this simple life. PS. In Brazil you until a couple of years ago, you could not get a loan for a house. You needed 100% of proceeds to buy one.Hence they do not have any sub prime mortgages debacle on their hands. People who work for a house can have one.

Posted by deepak @ 07:18 PM (790 views)
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7 thoughts on “How a small brazilian family are getting it right and not the highly paid big banks

  • japanese uncle says:

    They seem to enjoy much higher overall quality of life than that in the UK. Apparently they can afford plenty of time for preparing proper meals rather than having packaged process meals just microwaved, which should be the reason why they are much fitter.

    Bubble economy means people tend to feel that they deserve to be spoilt in return for their longer stressful hours of work, which only too often comes in the easiest-going form of binge eating and drinking (and maybe smoking, or even using drugs), involving deteriorating health, not least the notorious Anglo-American obesity (though things are much severer in the latter).

    Their strict savings-first regime which is rather uncharacteristic of the Latin might well have been the cultural influence from the rather successful Japanese immigrants community in the country.

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  • Ilejustwait says:

    good luck to them,

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  • I couldn’t agree more JU. We wonder why we have record crime levels,teenage pregnancies. 9 year old kids with ASBO’s. We have an entire culture based on greed and consumption. Of course the state tries to tell us it’s doing it’s best to tackle the antisocial behaviour with policies funded at shockingly inadequate levels. The fact is the root cause of most of our ills are because of the breakdown of the family unit. There simply isn’t time for it. Both parents have to work (if they’re lucky) to pay the mortgage. Those that are best suited to raise children can’t even afford them any more. The elite are doing rather well in all this chaos, unsurprisingly. The transfer of “wealth” from those that have virtually nothing to the morally bankrupt ruling classes increases year on year. The government veto’s wherever it can any beneficial legislation from Brussels just to keep the suits happy. I could go on but I’m preaching to the converted…

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  • Bloody right – JU and handle_it. The West is fast becoming the social/ cultural and community minded cess pool of the world – someone in an earlier blog wrote that greed was not as bad a sin as stupidity. I disagree, the stupid destroy because they know no better, the greedy destroy because they can gain from it. We are overun in humanity, not just the West but everywhere, with the greedy guiding the stupid, or uninformed, willfully or otherwise. Ethics has been stated before on this site, now more than ever in this modern age, we need and deserve leaders with the courage and will to guide with community based ethics as their fundamental base. Yes handle_it you are preaching to the converted, but there are a lot more out there who need the right guidance, to build community, devise strategies to integrate those on the outskirts of society and encourage more ‘togetherness’, for want of a better word.

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  • larry pickleman says:

    Vote for me, I’ll sort it out! 😉

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  • It also helps that they don’t have a “world class” finacial industry to prop up.

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  • The solution for this is to put honest British back in charge of Britain, by kicking out the EU, phasing out the Political Class, purging its support structures and removing destructive indoctrination from the education of the British population, so that Britain could be reborn strong.

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