I was a child of the 1980’s and have spent my entire life on loan.
When I was younger, I would take money from my mum to buy clothes and accessories, and then spend it on the cars and electronics that I wanted.
But then, when I was in my early twenties, the recession hit, and so did my savings.
I couldn’t afford anything anymore.
Now I work in a bank and earn a bit more than the people who used to work there.
It’s not just my own personal money, either.
I am the only one in my family to live in the house that my mum owns, and I pay more rent than my mum does.
For the last few years, I have been using money from her to buy the things that my dad used to buy when he was at work, as well as a few other things.
There are lots of people on the left, and there are lots on the right, who say that we need to do away with loans.
But I think that’s just going to make things worse for the whole of society.
This article was first published in the Irish Times.