How did you spend your SSIA payout from FF?

Spacedog · 31-08-2011 09:39AM #1

I couldn't afford to open an SSIA and was a little cynical about the payout timed before an election, but it's a good example of FF re-enforcing the divisions in society and keeping the gap between the haves and have-nots.

I recall people pondering what they were going to spend their payout on. eddie hobbs and banks suggesting investment plans, houses, cars etc.

So... what you spend it on? ...and who did you vote for in the following election?

OMG Its EoinD · 31-08-2011 09:43AM

This seems overly personal no?

Good luck getting the info. You'll need it :L

Spacedog · 31-08-2011 09:48AM

OMG Its EoinD wrote: »

This seems overly personal no?

Good luck getting the info. You'll need it :L

Personal? Did you spend yours on a knob enlargement or something?

There were no shortage of people talking about it then, or touting FF because anyone else would ruin the economy.

CardBordWindow · 31-08-2011 10:09AM

Seemed too good to be true, so I didn't go for it.

That......and I was only 14.

nice1franko · 31-08-2011 10:11AM

Deposit for an apartment in the housing pyramid scheme :cool:

littleredspot · 31-08-2011 10:17AM

I could never understand people saying they couldn't afford it. I think it was 12 quid minimum monthly payment. Free money at the end. It certainly didn't influence my voting choices.

Interceptor · 31-08-2011 10:19AM

I still have it in a deposit account, for a rainy day that may yet come. If you couldn't afford it then you missed out on a nice gift. I have never and will never vote Fianna Fail.

'cptr

31-08-2011 10:19AM

Bought a car.

MugMugs · 31-08-2011 10:23AM

Got my mickey steam cleaned after your ma.

johngalway · 31-08-2011 10:36AM

Quickly.

Fine Gael.

seamus · 31-08-2011 10:43AM

I was in college when it was possible to open one, so I didn't cos I had no (spare) money to save. Students need to drink and eat bad food you know.

Monty Burnz · 31-08-2011 10:46AM

Still have mine. Will buy a house with it in about 5 years when prices stabilise.

Mr E · 31-08-2011 10:46AM

Deposit for house (and tiles/furniture).

Zebra3 · 31-08-2011 11:18AM

Spacedog wrote: »

I couldn't afford to open an SSIA and was a little cynical about the payout timed before an election, but it's a good example of FF re-enforcing the divisions in society and keeping the gap between the haves and have-nots.

It was nothing to do with that.

It was about buying the next election.

And fools fell for it.

hidinginthebush · 31-08-2011 11:22AM

I withdrew mine early to finance my J1er to Maui. Don't regret a single thing :cool:

jester77 · 31-08-2011 11:28AM

Most fools just handed it back.. aka stamp duty

foxyboxer · 31-08-2011 11:30AM

Didn't spend it. Still have it.

Compound interest and all that lark. Mwuhahahahahaha!

Lollipops23 · 31-08-2011 11:54AM

My mam used hers to put me through college... thankfully I never had to do any repeats, or she'd have brained me

smash · 31-08-2011 11:58AM

Coke and hookers

ilovesleep · 31-08-2011 12:02PM

Not more of this bullsh1t that we all partied with the banks and money because we all did not. Didn't know what the ssia scam was until it was all over so I would have been too young for such a scam.

Irish Slaves for Europe · 31-08-2011 12:36PM

It was the most blatant transfer of wealth from the poor to the rich. Most working class people had no idea about this scheme. Whereas middle class people and rich people were rubbing their hands together in glee at all this free money being given to them. So poor people were basically subsidising the income of rich people. I could never understand why opposition parties didn't fiercely oppose this. It was the most unfair and unjust thing to happen in the history of the state. Of course now we have had the bank guarantee happen it has made the SSIA swindle seem like small fry in comparison, only this time the middle class have got burnt so now its a tragedy, now its so sad to see.

4leto · 31-08-2011 12:40PM

Irish Slaves for Europe wrote: »

It was the most blatant transfer of wealth from the poor to the rich. Most working class people had no idea about this scheme. Whereas middle class people and rich people were rubbing their hands together in glee at all this free money being given to them. So poor people were basically subsidising the income of rich people. I could never understand why opposition parties didn't fiercely oppose this. It was the most unfair and unjust thing to happen in the history of the state. Of course now we have had the bank guarantee happen it has made the SSIA swindle seem like small fry in comparison, only this time the middle class have got burnt so now its a tragedy, now its so sad to see.

That's bollox
I am not rich and I availed of the scheme it encouraged me to save and a lot of my poor friends and family availed of it to.

I bought a flat screen TV with some of it and used the rest in increments over the years.

TPD · 31-08-2011 12:41PM

I never heard about them at all till they were paying out. What was the deal with them? How much was paid in, over how long, and how much was got out of it?

Penny Dreadful · 31-08-2011 12:45PM

Laser eye surgery
Laser hair removal
Holiday
Plasma tv
Ex boyfriend's 30th birthday present.

4leto · 31-08-2011 12:46PM

I cant remember all the details but it was very generous. I think I ended up with a check of about 18 grand for saving 50 a week for 5 years.

I am not exactly sure but it really was a substantial amount of money for a bit of saving discipline.

I don't think we will ever see the likes of it again.

sentient_6 · 31-08-2011 12:53PM

4leto wrote: »

I don't think we will ever see the likes of it again.

While the ssia was before my time, so i don't know the exact details of it, saving terms & all that, but the national solitarity bond going at the moment is pretty good, 50% return after 10 years.

4leto · 31-08-2011 01:10PM

sentient_6 wrote: »

While the ssia was before my time, so i don't know the exact details of it, saving terms & all that, but the national solitarity bond going at the moment is pretty good, 50% return after 10 years.

Thanks for that info, that does sound good
I will look into that

Standard Toaster · 31-08-2011 01:21PM

Knob enlargement

Teyla Emmagan · 31-08-2011 01:24PM

I blew through it. Spent most of it on my (then) new house. Bits and bobs. Had laser eye surgery alright. That lasted a year and a half before my eyes went back. Spend something insane like 4k on a carpet (I must have been high). Have nothing to show for it now.

Good times

The_B_Man · 31-08-2011 01:27PM

I can't remember what I spent it on.

Big Nasty · 31-08-2011 01:32PM

Took six months off and wasted the lot!

How did you spend your SSIA payout from FF?

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