a day in the life of a baby boomer - please give some info

abaxas

lostinrates wrote: »

That's exceptionally sad. I wonder what would happen now in the same circumstances.

I suppose, trying to be positive, the boy must have felt some great friendship from his peers and that his friends learned compassion?

We all just got along with out favorite game.

Kiss or torment. With torment being a kiss (the lasses hated it).

StevieJ

abaxas wrote: »

In the 70s I went to school with quite a few malnourished kids.

We even clubbed together to get one lad some new y fronts, as he only had 1 pair. He also had to be 'trained' in using a urinal, as he didnt know what it was.

That does provide a sense of perspective, but every generation has its challenges, in those days it was probably cost with little support, now we have the same scene played out due to things like heroin.

carpedieme

:oI was born in the late fifties, bought up three children alone after the breakdown of my first marriage, lived within my means and worked hard seven days a week as a nurse. We had holidays, I ran a car and had my own house, we lived very much on a budget without debt credit cards or going overdrawn at the bank. Fast forward fifteen years, I have remarried, have a mortgage still working as a nurse ( albeit not seven days a week )my husband has been unemployed for almost two years, I still live by the same principles of living within our means no debt ( other than mortgage )credit cards etc and it works well for us:o We have three holidays a year abroad albeit modest and other than the unemployment life is good:j I think the principle of all this is about living within your means in good times and bad, makes for a lot less hassle in the long run:T

posh*spice

Generali wrote: »

That and a failure to understand the impact of compound interest on savings.

Take a job a Maccas aged 16 paying £5 net an hour for 15 hours a week and save half the money for 5 years and then just stick it in an ISA making 7% pa and they'd have £300,000 at 65 if they never saved another penny.

I wish I could get 7% on my ISA:(

posh*spice

abaxas wrote: »

In the 70s I went to school with quite a few malnourished kids.

We even clubbed together to get one lad some new y fronts, as he only had 1 pair. He also had to be 'trained' in using a urinal, as he didnt know what it was.

Oh that's sad:(

StevieJ

lostinrates wrote: »

which is why I used brackets and the word generally! Neither would I, but I was pointing out that ''general'' isn't what we as individuals might expect or hope for.

The bizarre thing is as we are told we will be living longer there seems to be more adverts on TV pointing out what we are dying from e.g. mutiple cancer warnings, watch out for the signs of a stroke, heart attacks :eek:

lostinrates

StevieJ wrote: »

The bizarre thing is as we are told we will be living longer there seems to be more adverts on TV pointing out what we are dying from e.g. mutiple cancer warnings, watch out for the signs of a stroke, heart attacks :eek:

http://www.independent.co.uk/life-style/health-and-families/health-news/children-likely-to-live-shorter-lives-than-their-parents-634237.html

http://www.nytimes.com/2005/03/17/health/17obese.html

I guess these are the sort f headlines I was thinking about earlier.

StevieJ

lostinrates wrote: »

http://www.independent.co.uk/life-style/health-and-families/health-news/children-likely-to-live-shorter-lives-than-their-parents-634237.html

http://www.nytimes.com/2005/03/17/health/17obese.html

I guess these are the sort f headlines I was thinking about earlier.

More shock tactics I think, if they actually believed it (I do to a certain extent) they would not be planning changes to retirement ages stretching decades ahead.

ILW

The_White_Horse wrote: »

i wish these stupid baby boomers would stop going on about 15% interest rates (which lasted for about a day). I can assure you that most people today would much rather pay 15% on a 35k mortgage than 5% on a 250k mortgage.

Not if they were on earning £10k pa.

StevieJ

posh*spice wrote: »

I wish I could get 7% on my ISA:(

I assume you mean cash, as the equity ISA's are way above 7% this year.