I saw my relatives save and get burnt, so I'm not going to let it happen to me
I DON'T have a pension. In fact, I have no savings at all.
I gave up on the idea of squirrelling money away for a rainy day when several of my relatives lost the vast majority of their pensions and savings when the Celtic Tiger died.
Bank managers told them to hold on, but, in the end, they lost out. Thousands of euro vanished and they were left thinking about the holidays and the little luxuries they had forgone in order to save a few bob. In my eyes, it seemed all that sensible saving had been a waste of time – not to mention money.
It's also true that I can't afford a pension. I spend the last two weeks of every month precariously living on my overdraft. I don't have the funds to set aside a tidy sum each month; it seems like a total luxury.
And, of course, it's all too far away in the distance, I don't have a three-year plan, let alone a 33-year one.
Instead of thinking about the future, I concentrate on now. I lived through the last days of the Celtic Tiger and that destroyed my faith in financial institutions.
Watching money being transferred out of my account is zero fun: going out is plenty of fun. It's as simple as that. It may seem short-sighted and flippant but after seeing so many people watch their savings slip away – why would I set anything aside?