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Brexit

Is Anybody Making Personal Plans For Brexit?

519 replies

fakenamefornow · 10/10/2017 09:52

Very worried about it.

I have some savings, not loads, just a few thousand. I'm thinking maybe I should convert it into foreign currency. What do others think? I have a holiday aboard planned next year, I've converted all the spending money we'll need already and plan to pay for meals etc while we're there in cash.

I've been saving as much money as I can, our mortgage still has another eight years to run. I really need a new car and we had planned to get a new kitchen as ours is falling apart but don't think I can risk spending money on stuff like that now. At the same time I want to take my children abroad as much as we can now as I don't think we'll be able to afford to post 2019.

I wish we could leave the country for the EU but it's just not easy for us, no access to foreign passports, children settled in really good schools, and not easily transferable jobs.

For context, I'll almost certainly be losing my job because of Brexit in 2019, not sure what will happen with my husbands job, don't think he'll lose it but it will be negatively affected.

Is anybody else making plans to try to mitigate Brexit? If so any more suggestions for us?

OP posts:
M4Dad · 11/10/2017 09:44

How do remainers explain the financial headcase that is France?

Is that what we want to aspire to, France?

sinceyouask · 11/10/2017 09:44

Being the sick man of Europe was a lot to do with the power of the unions and never ending strikes, we were in the EU then as well

We joined the EEC in 1973 in what The Economist calls "in large part, a desperate attempt to find a way of forcing the country to become more competitive". We were very much the sick man of Europe before entering the EEC. The Financial Times also states that "Britain joined what was then the European Economic Community in 1973 as the sick man of Europe."

user1486062886 · 11/10/2017 09:45

Yes ghost, and being in the EU didn’t stop this happening, Unfortunately with globalisation we now have to compete with countries whose wages are next to nothing

Theworldisfullofidiots · 11/10/2017 09:45

I would leave but one child in midst of doing gcses and the will be starting a levels. When that child finishes other child will be starting gcses.
I have decided to give up all my voluntary work including being a school governor at the end of the year and concentrate on building my business to be more resilient.
I am applying for an Irish passport.
Potential for dh to get a job in Canada (or US but no as attractive an option). If we could go and not fuck up the kids then yes.
Going to another country would be less unknown than living with brexit. At least then you could feel as if you knew what you could plan for.

sinceyouask · 11/10/2017 09:48

sinceyouask what exactly is your DH immensely fearful of
A no deal Brexit- and please, please don't patronise me by telling me Theresa May has said there are no plans to force EU citizens out if this happens. You can't trust a thing that woman says and her record at the Home Office only makes us more fearful.

Increasing xenophobia and racism. Being discriminated against in the job and rental markets. Already happening. Will only get worse with Brexit, especially if there is no deal, especially when the country suffers the negatives of Brexit and without the EU to blame points the finger at foreigners living here.

Peregrina · 11/10/2017 09:48

Ah yes, the three day week of the early seventies, before we joined the Common Market. Remind me who was in Government then?

The other Anglosphere countries (the ones that were queuing up to buy English jam) are already making demands based on our soon to be weakened position.

Yes, they soon made their position clear, didn't they? This must have been particularly upsetting for May, having rushed off to smooze with Trump. And those that don't count as Anglosphere, i.e. India, made it clear there would be no trade deals without visas for their citizens.

user1486062886 · 11/10/2017 09:48

So the world, use this country education facilities than move on, how do you know the country you move to won’t be hit by a major recession?

OhYouBadBadKitten · 11/10/2017 09:49

Depending on whether a deal can be reached, dh's job is in danger. At the moment there's nothing we can do. It's impossible to plan for a scenario we have no feel for. It feels really horrible having this hanging over us.

Theworldisfullofidiots · 11/10/2017 09:49

where is your pride in your Country

It left the day we told the rest of the world we were stupid.
(And no I don't think all leaver are stupid. Some are, some are dangerous ideologists and some believed what they were told.)

OhYouBadBadKitten · 11/10/2017 09:50

in saying that, I have friends from Europe who live and work here. This is where their home is. They are terrified that they may need to leave. So our uncertainty is nothing compared to theirs.

M4Dad · 11/10/2017 09:51

It left the day we told the rest of the world we were stupid

A lot of the world actually think we're quite brave and that they were more like us, we've given a lot of people hope. They know a totalitarian EU isn't going to end well for vast majority of people.

user1486062886 · 11/10/2017 09:53

This’ll is the big trouble, for many people being in the EU has been great, FOM etc, but on the other side of the coin Being in the EU has not been good to them, How do we make both sides happy ?

Ttbb · 11/10/2017 09:54

Maybe retrain into a field/find a job that isn't EU dependent? Get income protection insurance. Don't save in cash-interest rates are too low currency depreciation or not-buy safe stocks like Nike and Coca Cola instead. If you think you'll be out of a job don't go on holiday-you really can't afford it. You have plenty of time to prepare. If you get into financial difficulty you will only have yourself to blame.

Theworldisfullofidiots · 11/10/2017 09:54

Yep. I have given more than my share to this country in terms of voluntary work. I have been a chair of governor of a school for the last ten years and paid my taxes, generated jobs, worked more than my paid hours in the NHS so no guilt here.
I don't know but at least it will be my choice if that's what we chose. No Deal brexit = certain recession. Any Brexit = likely recession.
I didn't chose that it's forced upon me and yes I mightily resent it.
I'm also not going to clear up the mess that in education funding that has got worse because of brexit. I've done my time and the brexit vote has made me too cynical so that's me done.

M4Dad · 11/10/2017 09:55

for many people being in the EU has been great

Who exactly? Germany, obviously & Ireland have done really well.

There are hundreds of millions of people in Southern Europe where the EU has been far from great.

user1486062886 · 11/10/2017 09:56

How has Brexit effected education funding ?

GhostofFrankGrimes · 11/10/2017 09:56

You can’t make people happy with Brexit. Brexit will be shit for the majority and brilliant for a handful of elites using the uk as a low wage, tax haven. Oh the irony.

Theworldisfullofidiots · 11/10/2017 09:57

A lot of the world actually think we're quite brave and that they were more like us
Who exactly?

And I don't think people thought they were being brave. They thought they would have more butter on their bread. When the penny finally drops people will be angry. Lived experience is very different to what ifs.
And remember they were promised that it would be easy.

fionnbharr · 11/10/2017 09:58

I really think people need to get a sense of perspective - and as I keep emphasising I am a remainer.

Nationalism is not limited to the UK. If anything we are less nationalist than most other countries. If you are concerned about nationalism take a look at the rise of the far right in Belgium, Netherlands, France, Germany, The Nordics and Eastern Europe. Look at what is happening in Spain.
For all of those seeking an Irish passport. To what end? Are you going to go and live in Ireland? Nationalism pretty rife there too.
And those who say they want it for job prospects EU countries are teeming with non EU nationals who work there with a work permit.
Go to the US? Really?
Canada? With an economy completely dependent on NAFTA and the US about to pull the plug, I do not think there is any certainty there.
And NZ and Aus have massive problems of their own which is why London is full of young Aussies and Kiwis.
The reality is that the entire world is in turmoil. There is no certainty anywhere. The EU with its issues relating to the Eurozone, migration etc is not the sunlit uplands. UK as a large economy with rule of law is going to be as safe a bet as anywhere else with or without Brexit.
There will be uncertainties, shocks to the system etc and in my view we will be less well off outside the EU than in. But some of the reactions on here are just barking.

ImminentDisaster · 11/10/2017 09:58

Who, exactly, thinks we are brave? Russia, Trump? They don't have any ulterior motives at all do they? Hmm

What is there to be proud of? The racism?The way we treat the vulnerable and disabled? The way we refuse to guarantee those who have already settled here their rights? The underfunding of the NHS and the education system? The way we think we are a far more important country than we are? Turning our backs on our nearest neighbours? What are you proud of?

TheElementsSong · 11/10/2017 09:59

If people want to run away or abandon people who can’t for what ever reason move aboard, you should have to give up your British passport and apply for a visa if you wish to return, where is your pride in your Country

Am I the only one who finds this sentiment seriously damn creepy in so many ways?

ImminentDisaster · 11/10/2017 10:01

No, you're not the only one Elements.

GhostofFrankGrimes · 11/10/2017 10:02

Nationalism varies from country to country. In Ireland for example it has been about independence and self determination. Britain through the empire, colonising other nations cannot argue about nationalism and identity being under threat. Uk voluntarily joined the eu and sovereignty was never lost.

Theworldisfullofidiots · 11/10/2017 10:03

Fairer funding for schools was pulled the day after brexit. Literally the day after.
Phil Hammond's has just found out that he has less money for public spending because of the fall in the pound.
www.theguardian.com/business/live/2017/oct/05/uk-car-sales-fall-september-energy-price-cap-business-live?page=with:block-59d6116ce4b0c8da8831bdec
Our funding has reduced so much that we are going to have to get rid of All our TAs, class sizes are full.
We are a tory safe seat leave voting area. No redistribution of (poor anyway) funding post brexit as torys are frightened of their shrinking majority. All the best funded areas are labour.

M4Dad · 11/10/2017 10:04

The underfunding of the NHS and the education system

They are underfunded because or population has exploded in the last decade and will continue to explode.