Would you pay your mortgage or your Sky TV bill?
Filed under: Cost of living, General Budgeting, Interest Rates, Credit Cards & Mortgages in NZ
There’s a really weird article in the paper today, about a report from Dunn and Bradstreet. It says that out of 1000 people questioned, a larger percentage (35%) would pay for their Pay TV first rather than the Mortgage (20%). Which is really scary. When did Pay TV (and it turns out – Mobile Phone Bills) become more of a necessity than paying for the roof over your head???
I just don’t get it. I guess I always remember my parents telling me to always make sure that paying for somewhere to live came first. I also wonder what the point of keeping Pay TV is if you don’t have a house to sit in and watch it!
The weird thing about this report (at least how the paper shows it), is that D&B also looked at which bills had been actually been paid late in the previous 12 months. It seems that although only 20% of people said that the mortgage was the most important bill, in practice only 2% of people had paid the mortgage late. That compared with 20% of people who had paid the mobile phone bill late.
I’m sure there are economists that could tell you what all that means – personally I’m not sure I get why people would claim that their Pay TV is more important than their home when in fact it seems it isn’t!
Related posts:
- Why is getting a bill from Sky Tv Difficult?
- Beating the banks with the Mortgage.
- Would you apply for a mortgage for someone else…
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