How much have you lost in the financial troubles?

Doom

Personally I would say as a family we have lost about 200k, most of it on a boom time house.
And we are close to not been able to pay the mortgage soon....

princess-lala

My livelihood

Clandestine

Doom wrote: »

Personally I would say as a family we have lost about 200k, most of it on a boom time house.
And we are close to not been able to pay the mortgage soon....

Sorry to hear that man

Sunglasses Ron

I lost my room, my things and my buddy's collection of old sunbathing magazines.

worded

Re can't pay mortgage soon .....

Are you getting advice anywhere re split mortgage / negot with bank etc ? I know Little on such matters.

clappyhappy

I would say that I have lost any chance of having a happy retirement in 30 years time.

Doom

worded wrote: »

Re can't pay mortgage soon .....

Are you getting advice anywhere re split mortgage / negot with bank etc ? I know Little on such matters.

Yip....meeting on Monday

Crann na Beatha

This post has been deleted.

clappyhappy

Doom wrote: »

Yip....meeting on Monday

Wishing you the very best of luck!!

princess-lala

clappyhappy wrote: »

I would say that I have lost any chance of having a happy retirement in 30 years time.

That soon??? Mines about 69 years away

Doom

demanufactured wrote: »

Being

F#@k off

clappyhappy

princess-lala wrote: »

That soon??? Mines about 69 years away

Well get into position and try to enjoy the ride until you get there

MagnusDamm

Came close on the mortgage arrears thing. Thank god I left Ireland. Still keep my head above board with payments but no chance hd I stayed home.

Good luck with the bank

hfallada

Doom wrote: »

Yip....meeting on Monday

Don't agree to anything you don't like. If its a foreign bank there is the possibility of a debt forgiveness( they want to get the **** out of Ireland ASAP). Take notes and remember tell them it's in their interest you continue to stay in the other. Otherwise if they repossess it, good luck finding the money for negative equity

Artful_Badger

I squandered my wages during the boom rather than invest it. So lost a fair bit in that regard but never lost what I didnt have so no mortgage or loans now.

guppy

Artful_Badger wrote: »

I squandered my wages during the boom rather than invest it. So lost a fair bit in that regard but never lost what I didnt have so no mortgage or loans now.

Same, though I wish I'd saved a lot more

shruikan2553

I've lost nothing, in fact I'll be gaining lots of other peoples debt to pay off when I graduate. Thats if I even stay in the country although I'm sure it wouldnt be much different elsewhere except with me receiving more.

my my my

i was out foreign for the boom

been back in irl the last 3 years and now

i owe circa 16 thousand

MadsL

"Lost" a sizeable sum in the dotcom bust previously, paper profits mostly.

We figured out that if we had we bought a house instead of rented we would be approx €250-300k in the hole.

I lost the capability to continue to live in Europe however (18 months and 1000 job applications) and my daughter growing up through the year (school summer holidays are great though)

WilyCoyote

Pension fund all but cleaned out. S/E all my life and had to come out here 3 years ago to start all over again at the age of 64. Will now have to work 'til I'm 74 (2023) to get the minimum old age pension. It kinda make you fatalistic but hey, every day above ground is a good one And you can't take it with you.

Dietsquirt

4k.... ebay and credit cards.

Nothing compared to yourself OP, sorry to hear that, hopefully things pick up.

nice_very

my my my wrote: »

i was out foreign for the boom

been back in irl the last 3 years and now

i owe circa 16 thousand

I too was out fordin for the entirety of the "good times" came back the week the bailout was signed in 2008, so back almost 5 years now, have had work approx 25 months of the 60 ish, so I estimate a loss of possible/probable earnings of more than minimum 20K discounting SW payments paid to me in the time, and my contributions would have been much greater than payments to me.

but I suppose the megarich need/deserve the few pound more than me, shame on me for not wanting to live hand to mouth

johnr1

My company which I had for about 17 years. On the hook for maybe 70k relating to that.

House now worth less than half what it was but as I never had that money anyway, I don't count that. Thankfully no arrears or negative equity, although both featured for a while.

Various jeeps, vans, boat etc.

All savings and pension.

Many so-called friends.

My wife.

On the plus side, I saved my health and my sanity - just. Fortunately I'm working in a different industry now.
Also have a younger hotter nicer woman in tow.

All in all, it's been "interesting" but I'm happy and hopeful.





ps: @princesslala, I hope you get up and running again, I remember your inspirational story. Best of luck.

.

theteal

the country I was born and raised in. . .I wasn't sorry to leave it but it was long lost before I left

Push Pop

I lost it, like a big feckin eejit

vitani

Couple of thousand on shares which I took instead of a bonus quite a few years back.

Other than that, I'd estimate my salary is down a few thousand every year on what it would be during the boom.

speedboatchase

Absolutely none. Living abroad with a great salary, though I do miss home from time to time.

oldyouth

Lost my job, put a good chunk of savings in to a business that didn't work out. Kids are reared, house paid for, no debts, so I'm better off than many

Conmaicne Mara

Owe nothing, bought no house(s), did lose over 50% of my income which was small to begin with.

Siosleis

I've lost my joie de vivre.
Áthas.
Also, my cat:(

JustAThought

Pension fund -hard to swallow -60+k of savings gone in a casual letter from " investor"

My faith in any system or political party or promises

My trust in banks or statutory bodies/institutions built to support the " little man"

JustAThought

My ability to believe in the future & to hope & dream -shattered.

gordongekko

I'm doing well im up.

zapata

I've lost confidence in and respect for politicians, bankers, developers, estate agents, barristers, solicitors and certain media outlets...:mad:

Specialun

Personally lost nothing as didnt invest in property

My father lost his job during the boom.he was with them over 40 years.....when he lost his job the government denied him dole because my mam has a modest public sector job...he was able to get disability as he has an iffy leg.his been struggling with bills lately so I givehim 150 a month.its not a lot but keeps him from not getting stressed which in turn makes both their lives easier

Esoteric_

My wages have gotten smaller and smaller, but thankfully I've never had loans, mortgages or credit cards, so I'm not in debt. I might not have my own house or car, which I'd love to have both of, but I'm a hell of a lot luckier than most because I'm not in debt.

GRob1737

Thankfukly I was just outa college when the it all hit 5 years ago and my folks raised me with a value for money. So working away for crap wages. I guess coz i was young wheb the boom happened and just old enough to see th bad after it I an much more clever with money and investing. I want a house because to ne renting is a waste if money and in most cases a mortage is much cheaper but at least they dont just give iut 100% mortgages so me and my partner have to save our arses of to get a house so we wilk only buy what we can defo afford and wont be getting greedy so to speak. So i guess i kinda gained in a way

Zen65

zapata wrote: »

I've lost confidence in and respect for politicians, bankers, developers, estate agents, barristers, solicitors and certain media outlets...:mad:

That's not a bad thing really!

diomed

Nothing.

I have this.
http://www.amazon.co.uk/Manias-Panics-Crashes-Financial-Investment/dp/0471389455

worded

diomed wrote: »

Nothing.

I have this.
http://www.amazon.co.uk/Manias-Panics-Crashes-Financial-Investment/dp/0471389455

Is it a really good read?
Whats your opinion on property in Dublin at the mo? Is it a mini bubble about to pop and then dip ?

MadsL

worded wrote: »

Whats your opinion on property in Dublin at the mo? Is it a mini bubble about to pop and then dip ?

Can't lose, best get on the ladder before it is too late. Sure property never goes down and anyway Ireland is special, it's the meeja talking it down. I can get you a deal if you want.

B.A._Baracus

Seeing as how I am long term unemployed. I have lost quite a bit of money I should have been making

Don't know what I am going to do being honest. All I am looking for is a full time job. Doesnt matter what. You'd think it would be easy.

Zebra3

Things are pretty much the same, but that doesn't mean I'm loaded.

Tax increases probably offset by lower mortgage rates.

Still totally pissed off at the way country is being run. FG/Labour no different to FF/PD/GP.

bigpink

What did you lose 200 k on?

MadsL

bigpink wrote: »

What did you lose 200 k on?

Did you miss this bit?

Doom wrote: »

Personally I would say as a family we have lost about 200k, most of it on a boom time house.
And we are close to not been able to pay the mortgage soon....

bigpink

Well if its your home for life don't look at it as a loss.

Senna

My pension was pretty much wiped out in 2008 and just last month it has returned to a level where my payments match the current balance.
Negative equity of about 70k on my home but that doesn't make any difference to me. Wife was made redundant but opened a shop soon afterwards, has two shops now, although making bugger all money, she is happier now. My wages are higher now that pre-recession times, so all in all, I count myself very lucky.

Mr Benevolent

Nothing. Actually I'm better off than I was before they started.

languagenerd

I'm just about to graduate from university so I didn't lose anything I already had - but I think me and my generation all "lost" the future we'd been promised in school (recession hit when I was in 6th year). Came out of secondary into a very different society than previous years and some of them still haven't been able to get even a basic part-time minimum-wage job due to lack of experience and availability.*

So I guess we lost some career opportunities and the chance to be financially independent before our mid 20s...

(*Disclaimer: I am currently working, but earning nowhere near enough to move out of my parents home for quite some time yet.)

yoloc

200k on mortgage free property! 345k now 150k or there abouts!

MadsL

bigpink wrote: »

Well if its your home for life don't look at it as a loss.

Pretty much fcuks any career where moving would be advantageous.