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What has this downturn taught you (if anything)?

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Comments

  • Pssst
    Pssst Posts: 4,803 Forumite
    Part of the Furniture 1,000 Posts
    treliac wrote: »
    Like the government, you mean. :rolleyes:
    That or bankruptcy. Its de rigeur you know...
  • Cleaver
    Cleaver Posts: 6,989 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    What has this downturn taught you (if anything)?

    The term 'Quantitive Easing'. This time last year I thought it was a Pink Floyd album.
  • bubblesmoney
    bubblesmoney Posts: 2,156 Forumite
    Part of the Furniture Combo Breaker
    it taught me that savings do matter whether the interest rates are low or not. it also taught me that i should have acted on my instincts earlier and moved assets out of GBP into other stuff but i didnt follow up on that and now feel i literally flushed 20% savings down the toilet with the ensuing currency devaluation. guess you live and learn.

    having a plan b is reassuring. glad i didnt get a fixed rate mortgage.
    bubblesmoney :hello:
  • leveller2911
    leveller2911 Posts: 8,061 Forumite
    It taught me not to be so honest in the future as its got me nowhere in the past:rotfl: . Try and do more cash jobs so I pay less tax and the "snouts in the troughs" in London can't waste my taxes on quango's ,consultants,dole scrounging scumbags .oh and the EU ..............

    :rolleyes: :D
  • incher
    incher Posts: 182 Forumite
    It has made me realise how fortunate we are not to have a 100% mortgage (I did once), that my job is fabulous (I wanted to leave 6 months ago) and that our remortgage to a tracker in October was one of the few good financial decisions we've ever made!

    In terms of what I feel I've learned: nothing is certain or secure - not jobs, housing, money.

    And that I will do my best to educate my children on all things financial, long before they leave home. I left home knowing nothing and I'm really quite fortunate that my ignorance hasn't cost me too dearly.
  • Downturn has taught me....


    To definitely appreciate my job working from home. Shortly may have to look at working for someone else rather than for myself due to decrease in work load and salary!
  • leftieM
    leftieM Posts: 2,181 Forumite
    Part of the Furniture Combo Breaker
    It's taught me that the stock exchange is Ladbrokes for the middle classes.
    Stercus accidit
  • mewbie_2
    mewbie_2 Posts: 6,058 Forumite
    1,000 Posts Combo Breaker
    It's taught me that there's always someone worse off than myself. And once I find that person I am going to celebrate big time. In your face, loser.
  • Cleaver
    Cleaver Posts: 6,989 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    leftieM wrote: »
    It's taught me that the stock exchange is Ladbrokes for the middle classes.

    I like that.

    Did you make it up or nick it from somewhere?
  • leftieM
    leftieM Posts: 2,181 Forumite
    Part of the Furniture Combo Breaker
    Mine, all mine.
    It'll cost you a tenner to use it.
    Stercus accidit
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