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Legal, pensions and money

Do You Wish You'd Spent More When Younger

(104 Posts)
melp1 Sat 19-Jul-25 15:33:49

We never had alot when the children were young never took on a big mortgage or had loans. Always saved for what we wanted, holidays, items for the home.
No mortgage by our 50's and did quite a few long haul exotic holidays on our own and with our sons and our grandchildren, so have been very lucky.
Now in our 70's but husbands health has stopped us travelling abroad.
Our children seem to be travelling so much with our grandchildren. Keep wondering if they missed out because we were so careful.

Usedtobeblonde Tue 22-Jul-25 11:26:15

I wish we hadn’t given so much away.
We always seemed to be helping other people especially our C who did not make wise choices and I totally blame myself for that.
My H and I both had dysfunctional childhoods and I was determined that my C would not experience that.
Consequently I gave them too much, too much freedom to choose when a little bit of gentle advice mat have helped.
Too late now.
I am comfortable financially but I wish I had had more to indulge when my H was alive.
“ Regrets I have a lot”.

NotSpaghetti Tue 22-Jul-25 11:58:49

flowers usedtobeblonde can you now do some of the things you would have liked to have done with your husband - thinking about him and sort-of "taking him with you" in your heart?
He must have been in agreement about how you lived as a family and maybe would like to think you were being kind to yourself after he had died?

Do your children feel OK about their childhood?
I hope so as you obviously did what you believed was best for them at the time.

Usedtobeblonde Tue 22-Jul-25 13:18:05

Those are hard questions to answer.
I am 88 now and really too tired to do much although I do have my moments😉
I think my AC look back with fondness on their childhood, we are still very close but they both have broken marriages which is why I wonder how much my early influence counted.
My H and I were married for 61 years.
I have nicely detracted from the thread now.

NotSpaghetti Tue 22-Jul-25 13:21:45

Surely you and your husband's unbroken marriage would have been a great role model.

Sadly lots of marriages do break down.
Maybe ask them what they think?
flowers

SporeRB Tue 22-Jul-25 15:13:59

We have spent our money travelling to South East Asia to see my family, once every two years since my daughter was a baby. She has been there so many times; she considers the country her second home.

It is only recently that we stopped since my DH is now too old for the long haul flight.

We do not have a lavish lifestyle when my daughter was growing up but there’s always good food on the table.

M0nica Tue 22-Jul-25 16:10:23

Travelling for family visits are a necessity and not what I would call a luxury in anyway.

twinnytwin Tue 22-Jul-25 16:27:08

Slightly off topic, but my parents had an unbroken marriage of 70 years when my DF died in his 90s.

All I can remember of my childhood (and adulthood) is them arguing and fighting all the time. I wish they had split up and found new partners who could have given them happy and loving lives.

I've been with DH2 for over 30 years now and I'm sure our DC from our first marriages have benefitted from the calm and loving atmosphere we live in.

AuntieE Tue 22-Jul-25 17:01:05

When I was young, I barely had enough to live on, so I could not possibly have spent more than I did.

But perhaps I have misunderstood the question.

Norah Tue 22-Jul-25 19:15:40

AuntieE

When I was young, I barely had enough to live on, so I could not possibly have spent more than I did.

But perhaps I have misunderstood the question.

Everyone understood the question differently, answered in their way, with their financials in mind. When we were first married my husband worked 2 jobs, of course we had no excess, thankfully that has changed a bit. smile

Allira Tue 22-Jul-25 20:15:17

M0nica

Travelling for family visits are a necessity and not what I would call a luxury in anyway.

Depends where they live!!

V3ra Tue 22-Jul-25 20:17:11

Everyone understood the question differently, answered in their way,

Indeed. I thought it was going to be about whether people in their 80s, maybe widowed now or in poor health, regretted not spending what money they had on travel and enjoying themselves in their 60s (ages as an example).

We went out for lunch with one of my mother-in-law's friends years ago and this was her situation.
She told us she and her husband had travelled widely after he retired, and in her words spent all their money, and she was jolly glad they'd done so!

She was on her own now with enough money to live on although she could no longer afford to travel, but as she had no-one to go anywhere with it didn't matter and she had wonderful memories.

She certainly made me think!

Allira Tue 22-Jul-25 20:21:18

Indeed. I thought it was going to be about whether people in their 80s, maybe widowed now or in poor health, regretted not spending what money they had on travel and enjoying themselves in their 60s (ages as an example).

I understood it to mean do we wish we'd spent more when our DC were young.

We had to take out a big mortgage and the mortgage rate was 15% because we had to relocate due to DH's job. So there was little to spare for anything that was not a necessity.

V3ra Tue 22-Jul-25 20:25:29

Allira same for us.
We were watching the holiday show once and my young son asked why we never went to Spain.
I told him to multiply the price that was quoted by 5, and he'd see why we'd be taking our caravan to Cornwall again!

Allira Tue 22-Jul-25 20:27:36

😀

Yet now it's routine for many young families!

GrannyGravy13 Tue 22-Jul-25 20:48:53

We all come from different circumstances and we vary in ages, therefore our answers also vary.

Norah Tue 22-Jul-25 20:55:05

GrannyGravy13

We all come from different circumstances and we vary in ages, therefore our answers also vary.

This.

Chocolatelovinggran Wed 23-Jul-25 08:11:21

I was sorry to hear of your situation, Usedtobeblonde. I know of several older people who have come to regret such help. One I know borrowed against her house to bail out her son's business.
The business failed, and she now has debt against her property, making moving a problem.
I have been able, in retirement to enjoy the money I didn't have as a young single parent, but continue to be thrifty: old habits die hard.

escaped Wed 23-Jul-25 08:13:27

Norah

GrannyGravy13

We all come from different circumstances and we vary in ages, therefore our answers also vary.

This.

Isn't that what is good about GN, and that we respect each other despite those differences.

TerriBull Wed 23-Jul-25 10:29:00

I've no regrets as to the holidays we've taken both with, and then without the children. They still wax lyrical about the times we took them to the US, but equally they enjoyed all the ones we had closer to home, we probably went to France nearly every year for the first seven or so years of their lives, my husband was ecstatic when the channel tunnel opened, he's a poor sailor. Those were interspersed with trips to Wales lots of castles to explore as well as great beaches. Funnily enough my son and girlfriend went there for a few days, a couple of months ago, climbed Snowden and related to me how beautiful they found it as if he'd never been before. surely you remember us taking you there when you were younger I thought. We enjoyed Devon and Cornwall, both with and without friends and their children. Loads of Center Park stays, often bringing a friend of our older child, a really nice boy who had a single mum in a situation where money was tight so holidays were out of the question. He was a joy to take with us a very calming influence for my somewhat older frenetic child. Ironically, that boy or man as he is now, who we still see from time to time went to work for Cathay Pacific and is very well travelled as an adult, the desire to do that was almost an innate thing with him from an early age, when it was something he couldn't do. Slightly older, we also took them to Italy, Spain and Portugal. Most of all they remember the US, New York, Los Angeles, Boston and Cape Cod, Fort Lauderdale where we stayed several times and Mexico were their favourites. Then when they got old enough, it was "our time" we didn't take them to Canada, we went back to New York a couple of times and had a great holiday in Hilton Head Island exploring some of the southern states, visiting Charleston and Savannah. The pinnacle of my dream travel wish list was our trip to South America for my 60th, Argentina, Uruguay and Brazil. I don't regret any of it, one of my husband's siblings, who asked how much we spent going to Canada thought that was a horrifying amount, didn't dare tell her we spent twice as much going to South America. They have plenty of money but their holidays are a week here and there in Norfolk and Suffolk, both lovely places but I wouldn't want to look back on my life and think that was the sum total of my travel experiences. My parents were quite adventurous travel wise for their generation, apart from lots of southern Europe, they'd been to Eastern Europe before it had really opened up, Scandinavia and then when we were off hand numerous trips to the US taking in places such as New Orleans and the Grand Canyon. When I came back from Israel nearly 40 years ago, I remember telling my mum all about it and she said "dad was there during the war when it was Palestine, and you've triggered his desire to go back", then next year they did. They had further travel plans they wanted to go to Russia, but then my father became too ill and they were more confined to Britain. I think I got my desire to travel from them, so I can't help it really, It's all too hard wired shock

These days I find the whole palaver involved in getting abroad by plane, plus I actually hate flying, a bit of a nightmare, although I'm always glad to be somewhere different. We adored our time in Seville and Cordoba the last place we visited in mainland Europe and Jersey most of all because the flight time was only 30 mins from Gatwick. although there's still the up and down factor.

No travel regrets, I feel blessed to have seen such wonderful places, quite happy to mosey off to the quieter reaches of Devon, Wales, Cornwall, Norfolk, Suffolk, if we really want to go some where far flung well there's always Yorkshire smile

M0nica Wed 23-Jul-25 11:13:27

Allira

M0nica

Travelling for family visits are a necessity and not what I would call a luxury in anyway.

Depends where they live!!

I do not think that makes any difference, whether your family live n the next street or the otherside of the world.

SporeRB Wed 23-Jul-25 13:12:18

M0nica

Allira

M0nica

Travelling for family visits are a necessity and not what I would call a luxury in anyway.

Depends where they live!!

I do not think that makes any difference, whether your family live n the next street or the otherside of the world.

We can only afford to visit South East Asia once every two years to see my family because my twin sister was kind enough to let us stay at her place.
If we had to pay for 3 weeks accommodation plus airfare and spending money, we would not be able to do it.

Allira Wed 23-Jul-25 15:39:09

SporeRB

M0nica

Allira

M0nica

Travelling for family visits are a necessity and not what I would call a luxury in anyway.

Depends where they live!!

I do not think that makes any difference, whether your family live n the next street or the otherside of the world.

We can only afford to visit South East Asia once every two years to see my family because my twin sister was kind enough to let us stay at her place.
If we had to pay for 3 weeks accommodation plus airfare and spending money, we would not be able to do it.

It does, M0nica!

If they live in the next street you could walk, pop in for an afternoon, and you wouldn't see any scenery difference from that which you see daily.

If they live in SE Asia, Australia, New Zealand etc you wouldn't be able to pop in. As SporeRB says, accommodation for weeks on top of flights (and insurance) would be prohibitive. Making day trips would be quite different to day trips around your local area.

Visiting family overseas means that is your holiday so you might tend not to go elsewhere, too.

M0nica Wed 23-Jul-25 20:23:12

Allira I cannot see that that matters. Some families holiday in the same place every year, even when they can afford to go to a different place every year.

Every family is different.

My only concren is environmental issues, which lead me to feel that if all you want is sun and sand, you should go somewhere nearer rather than further and I do sometimes wonder how far our illegal immigration is fuelled by the fact that the only English people many of these immigrants have seen are the wealthy ones on holiday in their countries and that makes them think that our streets are paved with gold. They know nothing about the poverty in our country and I think, many when they get here suffer from severe culture shock, which contributes, to the failure of many of them to adjust to our culture and integrate.

Chocolatelovinggran Thu 24-Jul-25 06:30:21

Food for thought, M0nica.

Allsorts Fri 22-Aug-25 06:17:08

Didn't have money when chikdren were young, yet my children did well, it taught them they had to work for what they wanted, both did well, better than I imagined on their own back. The money I do have, spend a lot on family as it gives me joy. I don't go short and they ever ask me for anything. We all do the best we can at the time. If I leave anything they are welcome to it. .