2013 transportation hike effects on Teen parents

Finding a good balance between reducing specific benefits and creating an enthusiastic environment for Teen parents to want to work or go back to work can be quite a tricky one, and would need investigation and wisdom. With the recent talks about increasing the transportation fare by 6.2% in Britain, it can’t get trickier than this.

Let me give a good example of the effect of this price hike;

Lets assume we have a teen mum on a receptionist fixed salary of £800/month (assuming there is no pension contribution)

 

Fixed Basic Salary/month (£) Tax + NI Take Home Transportation fare/month (£) Rent/month(£) Feeding(£) Remaining(£)

800.00

55.00

755.00

180.00 (@ 9.00/day)

220.00

120.00

A. 235.00

800.00

55.00

755.00

191.16 (@9.558/day)

220.00

120.00

Assuming food prices remain constant

B. 223.84

£11.16 addition with new percentage increase per month.

In 12 months, this adds up to 11.16 x 12 =£133.92 more on transportation removed from a fixed basic income.

 

Lets assume we have another teen mum/dad on an administrator fixed salary of £1200/month (assuming there is no pension contribution)

Fixed Basic Salary/month (£) Tax + NI Take Home Transportation fare/month (£) Rent/month(£) Feeding(£) Remaining(£)

1200.00

173.00

1027.00

180.00 (@ 9.00/day)

220.00

120.00

A. 507.00

1200.00 

55.00

1027.00

191.16 (@9.558/day)

220.00

120.00

Assuming food prices remain constant

B. 495.84

£11.16 addition with new percentage increase per month.

In 12 months, this adds up to 11.16 x 12 =£133.92 more on transportation removed from a fixed basic income.

At £180.00 per month At £191.00 per month
Total of £2160.00/Year Total of £2292.00/Year
Total Increment Of £132.00 in 2013
Having looked at this analogy of close facts, we can assume that a rise in transportation fares will beat on the teens spending power, but also note it does same on every tax payers spending power.
At this point, I dare say that the government is faced with the challenge of the future: the future of the economical, political, social and technological advancement. Yet again, not only is the government challenged with the future of the nation, the teen parent should be challenged to become excellent and educated for a greater future.
Going back to the figures above, is the teen parent challenged to go through the huddles of working and getting less than the amounts given as benefits to them. NO, I should think not, but a wise teen parent with foresight would. Why use the word wise?
. You acquire skills you wouldn’t learn at home.
. You get the platform to aspire for excellence and have a better future.
. You get a clearer perspective of what career you would like to pursue and become good at.
. You add value to yourself.
. You give your child/children the hope of a better and brighter future.
. You teach them the values of a hard-working productive citizen.
. You raise children with the right life values.
There are many more advantages and these are shown in effect now and in the long run. A parent would naturally want o give their kids a better life, but I dare say in recent years this natural instinct may have cooled off a considerable degree: what i would call the shadow effect is now primary for some.
Once a teen parent’s spending power is restricted, businesses have less income to use on their growth, more teens see no need to get higher educational qualifications or any at all, Less attention is paid to economic Growth and societal well-being.
Its said to be a temporary increment, though I strongly believe that once this comes into effect next year, the probability of taking it long-term will surge high as the government may see the immediate benefits and forget the key factors in National relations and what the people perceive. A result of this would be:
1. Teens see no reason to work hard and have 2/3 of their wages go out
2. Businesses would likely move to more cost-effective nations and leave their smaller transactions here
3. Start up businesses will have a hard time growing
4. Employee relations will become stretched and strained and businesses will be left vulnerable.
5. There will be increase in crimes: busniess-wise and non business-wise.
6. Emigration will increase considerably, as people will decide to take a dire step in starting over again in other nations, where the cost of living is considerably less
And yet the basic amenities are in place.
7. The younger generation with greater aspirations look for better opportunities outside the UK.
8. Another side to Emigration increasing is that nationals of different nationalities will decide to return to their country of birth, taking along any highly skilled experience with them (which in itself isn’t bad, but means the Uk is left with less highly skilled workers, which if not compensated with immigration of same skilled calibre, will prove detrimental to the economy in the long run.
Thus weighing the advantages and disadvantages of these increment is key, and the teen parent is not exempt from this, but they have a choice to become better, or stay lazy and live un-challenging lives.
After all said and done, teen parents have the personal duty to become better, choose to be excellent, improve the economy with their personality, and live better lives. Dare to dream and dream big! The government doesn’t owe you, you owe the society and environment in which you live in, by investing your personality in people: starting with your kids. Teach and train them to aspire, but remember, YOU are their first teacher.

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