Signs that an increasingly large chunk of their income is being eroded by the current credit crunch is the fact that more and more members of the so-called UK middle class are taking on second jobs. They are doing this in an attempt to maintain the standard of living that they became used to during Great Britain’s years of plenty. A situation that now appears to be having been totally false and as a result most UK families find themselves where they risk losing all of their assets unless they find a way to both reduce their standard of living as well as their debt liability.
Recent research findings indicate that Great Britain may be the most leveraged country in the world. This situation was brought upon by a combination of greedy banks and either gullible or irresponsible actions of the public at large. Now that the dust has begun to settle on the collapse of this artificially created “boom” some of the statistics that remain behind are no less than horrifying.
Personal debt in the UK is the highest per capita in the World. It currently sits at the staggering figure of 1.4 trillion pounds, which means that, on average, every adult in the UK owes £25,000, and earns only £15,000 a year. This means that every year £10,000 of debt is theoretically carried forward to the following year. Figures show that professional or middle class people do earn more than average. However the level of debt that they are carrying is also proportionally higher. An impossible situation and one that logically cannot continue.
People who aspired to own their own property and live a materially driven life style, are now facing the real possibility of losing everything thing they have gained and being forced back to a lifestyle that they sincerely believed they had left behind.
Whilst many wallow in self pity, there are a few who are finding some fairly innovate methods of producing that vital extra income that may see them rise to the challenge and remain in the comfortable niche of what they call “middle class.”
Many professionals who are holding down middle management positions in business, insurance and, ironically, banking are pitting their wits and fully utilizing their skills to earn that extra few hundred pounds a month that will keep them ahead of the curve of unrelenting interest levied on their debts.
There are opportunities out there for those who look for them and for those who want to create their own. Ranging from the sublime to the ridiculous, these schemes show the innovative nature of the British public in times of pressure and adversity.
Some of the more alert among the professional middle class who are intent on hanging on to their way of life have already discovered an extremely viable solution provided by former City trader Rajeev Shah. Author of ‘ Sports-Arbitrage – How to Place Riskless Bets and Create Tax-Free Investments‘, Shah provides a foolproof online investment system based around arbitrage betting. He explains: ‘Arbitrage betting opportunities occur in cases where competing online bookmakers offer a wide variation of odds for the same event. When this happens, and it does so extremely frequently, then the possibility exists to place a betson all of the possible outcomes on the same event, thereby eliminating the risk of losing. This is a mathematical fact.” This type of trading has become a reality only recently, as a result of the internet providing the platform to absorb this information instantaneously and with complete transparency
To allow the public at large for benefit from his discovery, Rajeev Shah has been responsible for the development of state-of-the-art software, known as ArbAlarm. Put simply, this software allows the average person to turn the tables on the online gaming industry and work the odds in their favour. Statistics show that those who have discovered the software enjoy a tax-free return on their investment of as much as 150% annually. (12% monthly).
These types of gains are staggering in themselves. However, the UK Government has boosted them even further by recently announcing that neither income tax nor capital gains tax can be levied on profits earned. This makes sports arbitrage trading a viable and attractive prospect for those who want to reduce the strain of their financial burdens and retain their hard earned place in society.
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