Totally uncharacteristically, I read The Daily Telegraph today.   Have I turned into some old buffer from Tunbridge Wells?   No, I found myself with half an hour or so to spare at a London hotel and it was all there was on offer.   What fun - I found several articles in it of interest to me and my clients - one about how many people are doing away with their dining rooms and why (for my friend Susie from Manchester), one about holistic horse medicine (for Alison), and this riveting one, the first of a series of three by Judith Woods, which chronicles the travails of what she calls "the Coping Class".

"Squeezed by taxes? Taken a second job to pay the school fees? Remortgaging for a third time?"

You can read the whole article here.

I thoroughly enjoyed this article from start to finish as it talked about the middle classes dining on scallops with chorizo, drinking Fair Trade coffee and whinging about crippling school fees, tumbling house values and the scandalous cost of commuting.   The so-called working wealthy earn three times the national average at £88k a year but we dont feel well off because we have been squeezed by stealth taxes which are bleeding us dry - big mortgages, nursery fees, private school fees, huge council tax rises, the congestion charge in London, airport taxes, hospital car parking, university fees and more.

So how do the middle classes repond to this?  "We work harder, we cope.   We work the longest hours in Europe and the taxman swallows up more of it, we are hard-working, astute and competent and happy to take responsibiity for our own lives."

"This erosion of income and wealth is called the soft squeeze and it’s a very distintive middle-class phenomenon."  "The taxman, the banks and the utility companies have all been aware in recent years of how well the middle classes are doing and have introduced a raft of new charges and penalities which have eaten into middle-class lifestyles."

As I read on… enthralled and recognising myself and others… I thought "and I bet they are all sitting on loads of equity and paying repayment mortgages, oh what we could teach them in The Money Gym."

Judith Woods says: "coping, you see, is every bit as grim as it sounds".

Val, 51, a divorced physiotherapist from Manchester says "I used to think that the phrase ‘asset rich, cash poor’ was pretentious, but that’s how I would describe myself now. I live in a nice house, and appear to be well off, but I didnt work for years when i was bringing up the children, so I have a tiny pension and there’s no way I can help my children buy their first flats."

Val, Val, Val.   If you really are asset rich, then yes - there is a way you can help your children buy their first flats.   Talk to us, we know how you can do that easily and effortlessly and at no risk to your own future financial security, quite the reverse.   You still believe all the old adages you were brought up with about what "security" is, you need wealth education, that’s all. 

Judith’s article concludes: "the professional poor will do what we always do, which is cope. We dont expect anything for nothing, we just want to be treated with fairness. Were never going to go on strike, demonstrate or take the law into our own hands, but we are saying enough is enough."

And this Judith would say "BUT ARE YOU PREPARED TO DO SOMETHING ABOUT IT???"

If so, we have the answers.   The Money Gym can show you how to leverage your assets, make money now, become much much wealthier, stop whinging about being professionally poor, change your life forever by taking the power back into your own hands and DOING something.   Learn about how money really works, stop being wage slaves even at £80k per annum, get rich.

We can show you how.   If you don’t believe us, just look at the video testimonials elsewhere on this blog.

Gosh, I’ve worked up quite a head of steam - I thought I ENJOYED that article on first reading, now I have just become a bit cheesed off with the moaning second time around.   Equally, I can understand how it is possible to feel so powerless if you don’t know what we know.

"Tomorrow - Judith Woods meet the farmer’s wife who beacme a barmaid to pay the school fees." And more power to her - but I wonder if there isn’t a better way, actually?

There is absolutely no need to feel poor, damned or otherwise.   Come to our Let’s Talk Money day on Saturday and let us show you how you can become as rich as you want to as soon as you want to, how to start feeling wealthy again right now and how to carry on building that for the rest of your life in a way which reduces your need to pay taxes, IT, IHT or CGT, and enables you to live high on the hog and leave your children in a great place too!

‘Nuff said.   Judith Morgan’s rant over.