What has this downturn taught you (if anything)?

Cleaver

leftieM wrote: »

Mine, all mine.
It'll cost you a tenner to use it.

I'll just change 'Ladbrokes' to another bookmakers and claim it as my own. I'm already practising in front of the mirror now so I can look big and clever at work tomorrow.

bo_drinker

leveller2911 wrote: »

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:

Spot on. Cash is king now and fk the revenue. :T

bubblesmoney

incher wrote: »

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.

:T thats what every parent should be doing, equip their children to handle life and it is sad that many parents now a days expect teachers to do the job parents ought to be doing.

StevieJ

It has taught me that there are some nasty spiteful people who like to rubbish people who are less fortunate than themselves.

clearmydebts

Myself and OH have been having our own personal credit crunch for the last year and a half as he went back to uni. So we were somewhat prepared for the recession and had made a lot of cutbacks.

It has taught me to use this site and also that I never want to be in debt to credit cards or loans again. A valuable lesson learned I think.

treliac

Cleaver wrote: »

I'll just change 'Ladbrokes' to another bookmakers and claim it as my own. I'm already practising in front of the mirror now so I can look big and clever at work tomorrow.

They may be regulars here too and you'll blow your cover.

treliac

I've learnt the value of paying my mortgage down as soon as possible. That's become my new mantra.

StevieJ

treliac wrote: »

I've learnt the value of paying my mortgage down as soon as possible. That's become my new mantra.

I have learnt the opposite, I paid mine off a couple of years ago (small balance), my interest rate is now only 2.49% I could more than offset this in a savings account.

clearmydebts

StevieJ wrote: »

I have learnt the opposite, I paid mine off a couple of years ago (small balance), my interest rate is now only 2.49% I could more than offset this in a savings account.

Very nice to be mortgage free though. I'm sure you have great freedom and choice with it. When my debts are paid off that is my next goal.

treliac

StevieJ wrote: »

I have learnt the opposite, I paid mine off a couple of years ago (small balance), my interest rate is now only 2.49% I could more than offset this in a savings account.

I'm SVR with sub-Standard Life, so not so good. Will really have to change and I'm not sure what to do / how long to leave it as not wanting to make a mistake.