Things I learned too late in life

[Spiceup]

No one anywhere has ever had their life improved by me wearing high heels. I now wear comfy shoes for every occasion and life is immeasurably better. I can move quicker, get more done in a day and never miss any fun because my feet hurt or I don't have suitable footwear. I don't know what on earth possessed me for so long.

What's yours?

oh and from Modern Family:

• Success is 1% inspiration, 98% perspiration and 2% attention to detail
• if you love something let it free, unless it's a tiger
• marry someone who looks sexy while disappointed
• you can tell a lot about a person from his biography
• if life gives you lemonade, make lemons. life will be like "What?!"

🤣

It’s ok to just be me

@BruiserWoods

what kind of account gives you compound interest on your savings

Any account that pays interest will be paying compound interest.

Example - using grossly optimistic 10% growth rate:

You 1 put £1,000 in your account and at the end of the year you get £100 interest.

Year 2 you now have £1,100 so you get £110 interest (£10 of it is interest on the previous year's £100 interest.)

And so on...

The compounding is simply interest paid on top of interest you previously earned.

Start a pension as soon as you start working-you will thank yourself.

@BruiserWoods

what kind of account gives you compound interest on your savings

All accounts by default if you leave your interest in there unless they specify that the interest is only on your initial deposit. It's not a special thing, it's how savings accounts work.

I understand compound interest but it's a slow process and you'd need to be starting with a lot of money in the first place to get excited about it. about 8 years ago I put 9k in a high rate savings account, the kind where I need to give them a month's notice to take out the money. It's still nowhere near 10k yet. So, unless you have a huge amount of money to put in one of these High rate Interest savings account, it's a slow process and not life-changing.

and although I did learn this when I was younger I keep forgetting from time to time that I don't have to please everyone, anyone, at all.
One Tree Hill theme song is a good reminder:

"I'm tired of looking 'round rooms
Wondering what I gotta do or who I'm supposed to be.
I don't wanna be anything other than me"

That I can cope.

I spent my teens and my 20s worrying endlessly about literally everything - "what if I lose my job, what if I get ill, what if a loved one dies, what if my house burns to the ground..." I realised I can cope - I have coped before and will cope again if I have to. Every time I start to worry now I change my mindset so that I say to myself "if that happens, I will cope with it" - it's been genuinely life changing for me.

Saying no doesn't make you a bad person.

The power of silence. Hold your nerve – don't fill the void, you'll always say something you regret.

Only socialise with people who make you feel good sober –if you need a glass of wine before they're fun, they're not fun, they're toxic.

Relationship need balance. If you're pouring resources –emotion, time or money –into a bottomless pit, pull the plug, however awks it may be.

Your employer doesn't care about you – only what you can do for them.

Social media has done to Boomers what they warned us TV would do to us...

@BruiserWoods

I understand compound interest but it's a slow process and you'd need to be starting with a lot of money in the first place to get excited about it. about 8 years ago I put 9k in a high rate savings account, the kind where I need to give them a month's notice to take out the money. It's still nowhere near 10k yet. So, unless you have a huge amount of money to put in one of these High rate Interest savings account, it's a slow process and not life-changing.

I agree, I can only think that the poster who posted the original tip learned about it in the 1980s In any practical sense for the past while and into the future it's not something anyone is going to gain much from

That I have Adhd - the inattentive kind.

At 55 I won't get a diagnosis of treatment

@makelovenotpetrol

I think I learned this happily early but no one that you walk past on the street is going to give a shit what you look like or what you're wearing. And the only people who's opinions matter to you, won't care either as they see the person inside the clothes and makeup.

So .. only wear the clothes and makeup that make you feel good. Don't do any of it for anyone else.

This is brilliant. Sadly took up until the menopause to work this out through

That marriage can last an incredibly long time and that people change physically so much, that looks are actually way less important than personality and decency.

I want to make all of these replies and put them in a little book for my children to read. Love these so much.

Print out, not make!

Each to their own. Accept difference.

Relationships are a waste of time.

Hold on to your cash.

Look after your health.

Just listen to Sunscreen by Baz Lurman(?)

m.youtube.com/watch?v=sTJ7AzBIJoI

Look at what someone does -NOT what they say.

Eg ex told me I love you, you are my life partner and emptied the joint bank account -didn't treat me as equal and would say something and make promises about his parents etc -but it meant NOTHING as he didn't do it.
Same with my parents. I've have had therapy for 3 months and my anxiety is down by half. Therapy is worth every penny.

@Benjispruce5

Start a pension as soon as you start working-you will thank yourself.

And don’t do what I did, which was to start one early, then stop five years later when I had children. Five years worth at the maximum allowed value thirty five years ago will give a poxy amount on retirement. Had I kept it up, I’d be retiring in a few years. As things stand now, I’ll be working til 67 (or whatever the age is by the time I get there).

@Benjispruce5

Just listen to Sunscreen by Baz Lurman(?)

@Benjispruce5 *Luhrmann

I love his Red curtain triology!

To wear black knickers when I am on my period. Sometimes the most obvious things are the things we don't see.

Amen to that, Prion -and don't do what I did either - cash it in when DH was made redundant, and we couldn't afford the mortgage.

Yes- it paid the house off but I bet we'd have managed somehow - and now I have only state pension and it's a pittance.

@iloverainydays

"How would you get started with this in your 40s? Would it even be worth it then?"

Yes!
Here is a link - put some figures in.

www.thecalculatorsite.com/finance/calculators/compoundinterestcalculator.php

Assuming you're 45. You retire at 67 - so 22yrs time. If you start a pension now, putting away £100 per month, if your invested money increases at 5% PA it will be worth £48K when you retire. Go and get some independent advice and consider what you can afford. Plus, do you have a work pension?