Baby Boomers making out like bandits as usual

Oldernotwiser

Graham_Devon wrote: »

You classed that as a joke?

I'm easily amused.:)

Jimmy_31

Oldernotwiser wrote: »

I'm easily amused.:)

That makes 2 of us:D

Oldernotwiser

Jimmy_31 wrote: »

That makes 2 of us:D

See - cross generational banter!

Jimmy_31

Oldernotwiser wrote: »

See - cross generational banter!

Whos he ?...

Road_Hog

StevieJ wrote: »

#


VCR was £400 but I don't think there were many people buying them although maybe some renting at £20 a month, doubt it was the people saving up for a house though. Mind you it was truly leading edge to be able to record television when only 3/4 channels were available probably the similar in wow factor to the original TV and PC. The IPhone pales in comparison

Renting a VCR. Remember when you had to pay £50 to join a video club as
a membership fee, before you could even rent a video.

beckythemadcow

Going4TheDream wrote: »

No, because I have two girls in their late 20's, and I see and hear how they talk and how their friends talk. How many of them moan about being skint and not being able to save but in the next breath tell you about the holiday they just booked in Ibiza/bought a (enter brand name) handbag and such like. I am sure they are not the only young peoole doing this?

Because you haven't brought them up with a respect for money?

Not everyone has had such lax parents.

beckythemadcow

Going4TheDream wrote: »

I think the big difference here is people back then took advantage of technology when they could afford it.

The average married couple in the 60's/70's started their married lives (use living togther today as appropriate) with mostly 2nd hand stuff given to them...and probably had a bed, 2nd hand sofa, and table cooker, fridge and rented tv and not much more.

How many younger people today would start their lives together with so little ?

I would and am. Poky 1-bed rented flat, came with a bed. Furniture all cast-offs from family and friends. Oh sorry - I should declare that we have nice pots and pans (wedding presents).

You are incredibly shortsighted if you think that all of the younger generation are as lavish as your irresponsible daughters.

grizzly1911

http://www.youtube.com/watch?v=kAG39jKi0lI

lessonlearned

Great fun.

Going4TheDream

beckythemadcow wrote: »

I would and am. Poky 1-bed rented flat, came with a bed. Furniture all cast-offs from family and friends. Oh sorry - I should declare that we have nice pots and pans (wedding presents).

You are incredibly shortsighted if you think that all of the younger generation are as lavish as your irresponsible daughters.

Well done, and I dont mean it sarcastically either, there are many who dont.

Shortsighted? that is where you are wrong. My daughters are not irresponsible. Both have their OWN homes, not bought with partners, and were given much stuff from friends and family to start. One is 26 and one is 29. Funnily it is the 26 year old that is probably doing the best. The eldest gave up her job and went back to Uni as a mature student 4 years ago. They are in a position to buy nice things as they have both taken on lodgers, although both can afford their mortgage payments on their salaries alone, lodgers being mainly their friends who have had a tendancy to not save and blow their cash, whilst my two saved hard for a deposit.

Yes I helped them and told them I would match whatever they saved, but expected them to save at least 5% themselves.