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  GaryC #571 - often it is a matter of how people prioritise their spending. Some people choose to pay into ISAs and pensions, for instance, instead of smoke or get Sky. I believe in free choice so I am not saying there is anything wrong with that and neither am I saying it is in every case, but it is a fact that I have seen often in my 20 odd years in this business. I remember some years ago, when I worked for an insurance company and visited people's homes, someone with Sky TV (not as common as now) who, in an hour, smoked 2 cigarettes and had two children, tell me he cannot afford £10pm for life insurance. I would suggest it is his priorities that were wrong.
  
  Worth adding that I have had people with a similar income to him who do have sensible priorities and are of have accrued a fair amount of investment dosh, while I have also had someone earning six figures and aged 64 who has never bought a house and has never invested a penny anywhere. So I have seen all types.

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