After years of living off credit, a generation taught that you can live now pay later.. people living far beyond their means, low interest rates, new cars, borrowing money out your property because it's worth 10x more on paper than what you paid for it...
Will this teach people to become less materialistic, or perhaps enjoy life's luxuries with more appreciation?
I know from my own experience of living the contractor dream, then being benched and having to 'adjust' my standard of living to cope with an unforeseen financial future has made me realise that money doesn't buy everything in life and that I'm more happy doing something constructive and meaningful with my life, than simply earning pound notes.
Has the recession / credit crunch affected your life in a good or bad way? Or changed the way you think about life/money in general?
Will this teach people to become less materialistic, or perhaps enjoy life's luxuries with more appreciation?
I know from my own experience of living the contractor dream, then being benched and having to 'adjust' my standard of living to cope with an unforeseen financial future has made me realise that money doesn't buy everything in life and that I'm more happy doing something constructive and meaningful with my life, than simply earning pound notes.
Has the recession / credit crunch affected your life in a good or bad way? Or changed the way you think about life/money in general?
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