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The Generation Gap

Series 4: Money

Episode 3: Debt

Duration: 15 minutes

First broadcast: on BBC Radio 4 FMLatest broadcast: on BBC Radio 4 Extra

Two people from different generations discuss society's changing attitudes to money.

The series takes a look at how our relationship with money has changed in the last 50 years. The series covers the lifespan from our earliest encounters with pocket money, to our views on money as we face retirement. With ever more complicated ways of managing money and shifting attitudes, what changes have been seen in our society over the last 50 years?

Joy and her grandson Phillip discuss their attitudes to debt, in particular mortgages. Joy has never bought anything on credit in her life and the only debt she had was a very small mortgage. Phillip, on the other hand, is happy to have a large mortgage and take gambles with money.

Producer: Laura Parfitt
A Juniper Production for BBC Radio 4. Show less

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