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Old 06-08-2012, 08:24 AM   #21
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I spent most of the 1980s in the Magic Kingdom of Saudi Arabia.......still remember the night I arrived, (at the old airport, near 'Teapot Circle', for those familiar with the locale)........"unauthorized parking" (LOL) was a factor, and I watched agape as a forklift operator put the machine's tines through the windows of a car, lifted it up and deposited it on a raised area that it couldn't be driven down from.

On reflection I think of it as "being softly eased into the culture".
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Old 06-08-2012, 08:51 AM   #22
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The 80's? A decade I would rather forget ...
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Old 06-08-2012, 09:09 AM   #23
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Those were the years I growing up in a small island town, beachfront elementary school, surfing/swimming after school, bicycling to the corner store, exploring Revolutionary War-era forts and military batteries scattered around the island, including Fort Moultrie, and generally enjoying the ease of a safer time to be a kid.
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Old 06-08-2012, 09:57 AM   #24
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Somewhere around 1980, someone suggested putting money into a money market account paying 16%. I asked my dad, "what's the catch?" He said there is no catch. So that's where I stashed my savings. Did alright there!

We also bought our first house in 1984 at the bargain interest rate of 12%. We thought we were so smart, as my brother and a friend both had 15-16% interest rates. Of course, all that money we had stashed in that 16% money market account meant that we could put 25% down.

I remember the crash of 1987 and my coworkers stressing out about their company savings plan. Me? I didn't know anything about investing back then, and had all my money in the "guaranteed interest" category and was making probably 8-10%. I thought that was just fine! Market crash? Doesn't apply to me...
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Old 06-08-2012, 11:00 AM   #25
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Lessee, 1980 I was halfway through the first marriage, that ended in late 1983 but the house didn't sell until summer '84. Moved in with my mother and spent 18 months saving money for a house I later bought in Oct. '85. Meanwhile I repainted her house and prepped it for sale as she was on a waiting list for an independent living/continuous care place that worked out well for her.

While there I bought a bicycle and joined a bicycle touring club and rode on day tours in the Washington, DC area. I was seeing DW-to-be occasionally but it wasn't serious (at least I wasn't serious) as I was more focused on relaunching life after the divorce.

Moved into my own house - it didn't have any furniture in it but it was mine - and things got more serious with DW-to-be. She was understanding and tolerant when a date was taking the Metro (subway) to museums in DC or renting a movie and sending out for pizza. If I had some overtime money I could even spring for a bottle of wine.

Married DW in July '88 and have been living in marital bliss ever since.
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Old 06-08-2012, 02:51 PM   #26
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Graduated from college and starting working "in the real world" as they say in the 80s. The beginning that led the way to FIRE.

Oh..also, got that old Timex Sinclair 1000 computer I lusted over. A computer for $99. Can't top that!
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Old 06-08-2012, 05:04 PM   #27
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I graduated from high school in the 80s so there must be lots of stupid things I could share. I think one of the highlights was playing in a rock band with my Flock of Seagulls style haircut. Does anyone know which one I'm talking about?
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Old 06-08-2012, 06:18 PM   #28
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I met and married my second husband in the late 80's. I also was working at a job I loved.
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Old 06-08-2012, 07:57 PM   #29
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I graduated from high school in the 80s so there must be lots of stupid things I could share. I think one of the highlights was playing in a rock band with my Flock of Seagulls style haircut. Does anyone know which one I'm talking about?
This post just struck me a funny. What a diverse forum when you have people graduating high school in the eighties and other people retiring in the eighties.
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Old 06-08-2012, 10:18 PM   #30
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In 1981 DH left his job so that he could go to graduate school. I supported us working as an accountant and he had a partial scholarship, so no student loans. Did student loans exist in the 80's?

He graduated in 1983, got a job and within a month we bought our first house. Like cj posted we had our savings for the down payment in a money market account paying 16%-18%. We put down 25% on a house (4BR 2BA) that cost $60,000 so our mortgage was only $45,000. 30 year fixed at 12 3/8% which was a deal in 1983. Moved in in July 1983, got a new roof, carpeted, painted and wallpapered until I got pregnant in October. Our first son was born in 1984 and the next one in 1987.

We refinanced and shortened the term a few times when rates dropped, raised the kids and enjoyed being a family.

It's been 29 years and this week we got a new roof again. The first one in 1983 was a gift from my Dad who was a roof salesman. Nothing was leaking (yet) but after almost 30 years, it was time. The new one is so much prettier!

Thinking about this, I realized how fast that decade went. Pretty good all around, I remember being happy and busy with the boys in pre-school and kindergarten.
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Old 06-08-2012, 10:37 PM   #31
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Our kids were born at the beginning of that decade--it was an exhausting and exhilarating and fulfilling ten years for our family!
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Old 06-09-2012, 06:09 AM   #32
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Originally Posted by panacea
I graduated from high school in the 80s so there must be lots of stupid things I could share. I think one of the highlights was playing in a rock band with my Flock of Seagulls style haircut. Does anyone know which one I'm talking about?
Of course we do, but we'd still like to see a picture!
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Old 06-09-2012, 07:06 AM   #33
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In 1980 went from an hourly employee to a salaried exempt management puke and never looked back. The move allowed me to retire in 2005 at the ripe old age of 54. All and all it was a good move and I had a fun and interesting career, no regrets here.
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Old 06-09-2012, 08:46 AM   #34
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But did you get back in an when?
That was my mistake - did not get back in until 1990
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Old 06-09-2012, 09:33 AM   #35
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The 1980's were kind of a blur for me. My daughter was ages 1-11 then and I was essentially raising her alone (since her father was a sea-going man and had to be gone most of the time), trying to be supermom plus I was working and going back to school full time. I think THAT'S where all my energy must have gone, to the 1980's!
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Old 06-09-2012, 03:03 PM   #36
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I was born in the early 80s. I remember some excellent summer vacations... but nothing as juicy as I expect to come out of this thread.
Ha! I have a vehicle that I bought new that is older than you and I still have it. I feel like I'm supposed to now say "Get off my grass", sorry.

The 80's had THE best music. I remember the 60's and the British invasion, psychedelic music, the 70's rock and then the 90's when music died. The 80's really had the best music.
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Old 06-10-2012, 08:38 AM   #37
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Separated from the Navy in January 1982, took a job with a utility. Bought my first house that summer with a VA loan at 15.5% interest. Thought it was normal!!

Two older kids were born in the 80's. Worked hard. Grew up. Don't miss the 80's except for the music videos that MTV ran back then.

Started saving for retirement in the late 80's.
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