One important life lesson you have learned.

Never sit down with a light bulb in you back pocket :D ...

sowwwy... I'll think of something more serious later :D
 

When times are hard look at the big picture, chances are many others are much worse off than you, so put things into perspective and move forward.
 
I like everybody's 'life lessons' here! So good to be reminded of them periodically. The other thing I might add to them is accept the differences of others because them being 'different' doesn't hurt you.
 
Being in debt is not worth it.

I have no debts...I never want to be saddled with debt..I want to be able to sleep at night and not worry about who will knock on the door looking for payment as happened when I was a young divorced single parent, working several jobs minimum wage and robbing peter to pay Paul because the only way to buy an essential item a cooker or a bed was to get into hock for it with high interest rates... never again.

Today I watch in despair as the young don't budget for anything, and want the best of everything NOW, Plasma TV's high end computers and iphones, cars , not save for it ..but buy it on high interest HP agreements, or max out credit cards and then declare themselves Bankrupt after a couple of years and get their debt wiped clean..it means nothing to them, they don't realise just how badly this will affect them in all sorts of ways in later life..so my advise is don't covet your neighbours goods, and live Below your means where possible..you will be the one with the peace of mind not your neighbour!!
 
hollydolly said:
Being in debt is not worth it.

I have no debts...I never want to be saddled with debt..I want to be able to sleep at night and not worry about who will knock on the door looking for payment as happened when I was a young divorced single parent, working several jobs minimum wage and robbing peter to pay Paul because the only way to buy an essential item a cooker or a bed was to get into hock for it with high interest rates... never again.

Today I watch in despair as the young don't budget for anything, and want the best of everything NOW, Plasma TV's high end computers and iphones, cars , not save for it ..but buy it on high interest HP agreements, or max out credit cards and then declare themselves Bankrupt after a couple of years and get their debt wiped clean..it means nothing to them, they don't realise just how badly this will affect them in all sorts of ways in later life..so my advise is don't covet your neighbours goods, and live Below your means where possible..you will be the one with the peace of mind not your neighbour!!
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Living debt free with a good rainy day fund in the bank is absolutely essential to my mental health and well being.
 
Debby said:
I like everybody's 'life lessons' here! So good to be reminded of them periodically. The other thing I might add to them is accept the differences of others because them being 'different' doesn't hurt you.
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That is not always true Debby. Others actions often affect you.
 
My dad told me to never spend more on rent or a mortgage than I made in a week. I never did. I've passed this tidbit on to my kids. So far, they haven't, either. So far.
 
Yes! ..and its all small stuff. I lost my partner of 58 years last week. We had a great life together. We always agreed on the big things, but there always seemed to be some little thing to disagree over. When you are first going together, aside from the raging hormones, your entire focus is on how much you love each other. Then the petty details of life begin to intrude. The two months my wife spent in the hospital before her death were some of the most loving ones of our life. We had a long, loving goodbye time. Laughed, talked and looked back on a happy life. Being separated from each other had removed all of the trivia. It was like lifting a veil. The look in her eyes was the same one I saw so many years ago. It was like "Oh. I remember you!" Life is relentless. The details of every day living have to be dealt with, but nothing is more important then loving each other.
 
Underock1, thanks for the reminder of what is important.
So sorry about your loss but I understand that even such a painful experience can have its blessings.
May your happy memories sustain you in the times ahead when you will need some consolation.
 
When hubby and I first married in 1986 , we had a SMALL home built with a single carport which cost us $66.000 for house and land , We went without heaps to pay off the small mortgage, many neighbours, who built large homes with double carports soon had to sell because at the time they had wanted the best of everything but in the end with interest rates nudging 18% they soon had to sell their homes( That was in Adelaide ) We ended up as one of the very few who had the houses built that was left as original owners. We both hate debt and owe no one nothing apart from all the costs of running a house. We sold that home in 2004 .
We have never apart from the house in Adel purchased anything unless we could pay for it we just went without untill we had the money ...
 
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Dame Warrigal said:
Underock1, thanks for the reminder of what is important.
So sorry about your loss but I understand that even such a painful experience can have its blessings.
May your happy memories sustain you in the times ahead when you will need some consolation.
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Thank you for that, Dame Warrigal. Those final months were an unexpected gift.
 
AND, never, never, never live beyond your means. If there are two of you and both are working, NEVER get beyond the point where you couldn't manage for a while if one of the paychecks disappeared.
 

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