While many twenty-somethings may not remember the height of the Celtic Tiger, or 'boom time', it was a vastly different time to the recession-clad Ireland of today.
Here is our list of 14 things you won't believe Irish people did, or could do, during the boom.
1. Getting 100% mortgages.
Some people were even getting up to 150% mortgages - a bit extra to cover some nice furniture. Wasn't that nice of the banks?
2. Christmas Shopping in New York
Some Irish people used to just 'pop over' to New York for a bit of shopping - as you do!
3. Drink champagne in the hairdressers
Back in the 'good times', Irish people were not only offered tea and water in the hairdressers but also had the option of champagne.
4. Getting student loans on minimum wage
Many students working minimum wage jobs were able to get loans and overdrafts of a couple of thousand euro, with no way to pay it back in the foreseeable future.
5. Arriving to your children's First Holy Communion in a helicopter
In 2007, Celtic Helicopters recently reported a healthy business from the parents of children taking Communion at a measly cost of €1,250 an hour.
Business meetings were sometimes scheduled based on the nearest location to a heli-pad, often meaning those people still using cars were heavily inconvenienced.
At least one company saw the funny side and offered to put the 'leftover Celtic Tiger helicopters' to a good use.
6. Lavish 21sts
In 2007, a property developer booked Girl Aloud for his daughter's 21st. The group were reportedly flown by private jet to Dublin and performed on stage before mingling with guests. According to event planners, the cost of the band alone could have been anything up to €400,000.
Developer Johnny Ronan was also reported to have gifted his daughter a 'Super Sweet 21st', with a €500,000 price tag. Guests at the party in Enniskerry downed gallons of Montrachet wine at €150 a bottle.
Let's not forget that giving cars as 18th and 21st presents also became the done thing in the Celtic Tiger.
7. Skiing holidays
Anyone who was 'anyone' went skiing at least once a year, if not twice.
8. Gran Canaria 'Leaving Cert' holidays
Leaving Cert students would often celebrate the end of their Leaving Cert by jetting off as a group to Gran Canaria or even Ibiza. These excursions would often be wild, and young Irish people developed quite a bad name overseas for a while.
9. Giving shares as presents
The daughter of one wealthy business family had to make do with shares for her 30th birthday. Unimaginative present but we're sure she wasn't too upset as she was given €11 million in company shares.
10. Visiting Santa in Lapland
Children used to be brought by their parents to meet the main man himself in person. In Lapland. Those were the days.
11. Vera Wang Wedding dresses
Vera Wang dresses in Brown Thomas retailed at more than the average recession wedding budget - a simple Wang could be bought for a cool €25,000.
12. Luxury gyms
Looking back, did Irish people really need gyms with chandeliers?
13. Max the Credit cards
During the Celtic Tiger, it was no problem to 'put it on the credit card' and worry about it later- sure, you could always get a loan to pay it off if you had to.
Some would argue this attitude may have somewhat contributed to where we are now.
14. Watched '30 Things to do with your SSIA'/Listened to Eddie Hobbs
The notion of a 'Special Savings Incentive Account' seems like a distant memory now. Even more distant is the image of Eddie Hobbs on the television telling us the best way to spend our plunder. It's so long ago now, we can't remember how tongue-in-cheek it was, but the number one things to spend your SSIA on was getting elected to politics.
"Take a punt on politics. Popularity with the public could win you some perks - and potentially give you a 3,500pc return on your investment," we were told.
Have we missed any? Let us know on Twitter!