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Coronation Street creator Tony Warren recalls that in the very early episodes "no-one had a telephone, no-one went on foreign holidays, no-one had a car".
People splashed out on foreign holidays, new cars and expensive meals.
We aren't drinkers, don't gamble or go on foreign holidays; we don't run an expensive car.
This risks money, put aside to pay for university fees or mortgage deposits, being squandered on foreign holidays and cars.
And although record amounts are being spent in Britain by foreign tourists, Britons have upped their spending on foreign holidays by a similar amount.
I'm not a brave traveller on my own and I think it's because we never went on foreign holidays when I was a kid.
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In reality, however, he walked off with enough money to buy a house in town outright and a new car, while also taking the kids on a couple of foreign holidays each year.
The Dixons warning came after Thomas Cook said on Tuesday that UK demand for foreign holidays had dropped sharply and official figures showed the first fall in real household disposable income for 30 years.
What effect will this have on our foreign holidays?
They go to private schools, get private tutors, go on fancy foreign holidays, and have their every needs catered to by cottage industries designed to extract money from narcissistic parents.
In Brighton, Ed Miliband traced the roots of the squeeze on wages back to before the crash, suggesting that in an economy where the rich cleaned up, the "vital link" between industrial progress on the one hand, and new cars and foreign holidays for workers on the other, had got broken.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com