To consider lifestyle changes following the referendum?

[Oliviaerinpope]

My DH and I have had a long discussion this morning. We voted remain and are quite nervous about the current political instability that the vote has triggered and the potential consequences of this. We have decided we'll;

1. Take our house off the market and stay where we are.

1. Stop any unnecessary spending (visits to coffee shops, meals out, luxury items), in part, because we don't want to help the UK economy when we don't agree with the Political climate, but also, to save more for DC's future. We just don't know what they'll have to face in 10/20 years.

I suspect we are BU. Are you making any changes?

I think scuppering the economy of the country you live in and you will get pensions from is probably not a good plan. Luckily I don't think having a few less lattes will do it!

Husband and I both voted leave and despite not being happy with the result it's time to move on and make the best of things.

We are in the process of buying a house when we are currently mortgage free. As long as the chain stays intact we will continue.

Obviously people need to protect themselves (especially if they have concerns about their jobs) but extreme reactions and belt tightening are what will help to plunge the economy into recession faster.

Aaaaaargh! Another one that didn't look like a referendum one from the active title ffs!!

I think it's understandable that people feel alarmed, this is all unprecedented

I think wait until the dust settles and then we can have a better view of the lie of the land

come on folks, let keep our heads eh, watch and wait for a bit, this is just initial turbulance

"Husband and I both voted leave and despite not being happy with the result it's time to move on and make the best of things."

Is there a typo in there somewhere?

We are, but I'm not a British citizen.

I was planning to SAH after mat leave but now I think it'll be better if I'm working just in case they make onerous rules on who is allowed to stay...plus depending on how much it'll cost to make DS a dual national, for me to get Indefinate leave to remain/naturalise etc the money will come in handy.

Also I'm going to learn to drive, I was planning to eventually but worse case scenario I'm from rural Italy driving is essential if I end up having to
go home.

I don't think people are being melodramatic, I think it's sensible planning for contingencies/emergencies...like having insurance or taking malaria tablets on holiday.

Lol oops!
Voted Remain!

Wdigin2this I really feel for the youngsters of today. I'm guessing you and your grown up children got on the property ladder before house prices rose drastically and you were able to easily get mortgages? I don't expect it will be that easy for my DS.

I would say taking the house off the market if you don't need to move (assuming your new mortgage would be higher each month) and cutting back on spending to build up more savings is a good plan, not to fuck the economy, but to put your family in a better position to weather the economic storm that's possibly brewing. It might be fine, it might not, we're also cutting back a bit (apart from anything else, we've got a self catering holiday in Spain booked in August and realised we might need more money for our spending cash if the pound sinks further).

But to deliberately try to screw the economy isn't sensible, or particularly kind. There's not enough kindness in the UK this week.

I think the economy can only head one way if there is all this doom and gloom about. We need to remain positive and carry on with life as normal IMHO, although I do understand why you might consider taking the house off the market. Not sure which way the housing market will go though as a weak pound could mean more interest from foreign investors in snapping up property. If I was in London, I might carry on with the sale.

Life is far too short to stop the little treats in life and maybe when things are uncertain you need a little something to cheer you up! Don't punish the economy either, almost half of voters were for remain and those who voted leave did so in the belief that the country would benefit. We need to stop all this anger and pessimism, it isn't helping at all.

Ffs you stop buying your takeaway coffee petal if it makes you feel better. I have to say your daily mail sad face has cheered me up no end.
Guess that wasn't your plan but thanks anyway. Sad remainers the gift that keeps on giving.

If my thread has brightened your day, for whatever reason.. That's fine with me Lynn

Leggy, you're right - we will need to have a pot of money for our DC in the future. I have accepted that I'll be buying houses, cars, paying for childcare for my grandchildren. I'm happy to help, the situation they'll find themselves in isn't of their making.

don't want to help the economy

Honestly, I wish I could hold myself back but how pathetic? The negativity in your post astounds me ... and that's saying something given the threads on here the past 48 hours

I'm not feeling negative, I'm feeling positive about the new lifestyle that awaits us.

I think a lot of people will cut back for a while though won't they?

Perhaps not for Op's reason, but because that's what they do when things are uncertain?

Oh Lynn, apologies. I didn't realise you're experiencing such emotional turmoil.

I hope that Brexit achieves for you what you're hoping it will

lyn
op reading more from you, you are sounding a little fickle.
Can't exactly explain why though.

Good grief!

I'm stopping any big expenditure (e.g. holidays) and will be cutting back on other areas too but won't completely stop my regular non-essential expenditure (e.g. hobbies, meals out) - just cut back on them and watch how much I am spending on them. I'm another one who knows my job could be at risk so I want to have a bit more of a buffer of savings in place.

As for the economy, there are 17 million people who are jubiliant and think they have just entered a wonderful new world (including wealthy pensioners) so they'll probably spend enough celebrating for all of us.

Having said that, I live in a Remain area so maybe our local economy won't do as well :-(

Your new lifestyle sounds a bit miserable to me, everyone needs a few luxuries, especially now with so much negativity around!

Having said that, cutting back a little and saving more is a sensible idea.

We really do all need to keep calm and carry on!

Have my very first