Do you have a plan B?

Davesnave

a_rather_tall_man wrote: »

This seems to be a rather common idea as I have heard it said by at least 2 people I know plus already had 2 leaflets through the door from others who are obviously already trying it.

Don't knock it. I used to do this as a student back in the 1970s!

A friend & I would leaflet affluent areas and call back the next day. Those were more 'trusting' times and we were always busy. It was mainly 'containment' gardening for pensioners and those too busy, or on holiday, but we did cleaning & decorating too.

We called ourselves 'Taskforce,' which was hilarious, as there were only two of us. We had a few basic tools and a (left hand drive) Reliant three-wheeler van!

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Plan A, buy at the bottom outright either here or in Oz, Plan B buy at the bottom with the smallest mortgage possible.

Dan:_4

Plan A - Continue To Pay Mortgage
Plan B – Bankruptcy
Plan C – Armed Robbery
Plan D – Suicide

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Dan: wrote: »

Plan A - Continue To Pay Mortgage
Plan B – Bankruptcy
Plan C – Armed Robbery
Plan D – Suicide

Not a bad plan Dan, although I suggest you swap B & C around, as if you then get away with it, you can then avoid bankruptcy.

Cat695

Plan A: As most others buy when I feel its the right price for me

Plan B: P*ss my savings against the wall and use the rest to buy a 68 mustang and live in it.

Plan B sounds more exciting to me

bo_drinker

The way things are if you are thinking of a plan B I would have C and D in reserve as well as we are in for the long haul. E and F may be worth looking at as well.

tiff

Thanks for all your comments, yes we do have a loose plan C too because if DH was made redundant tomorrow we would have to rethink things. Someone on this thread said we worry too much but I would rather do something than sit back and wait and see what happens. It can only be a good thing to stop overspending and pull in the reins.

I'm surprised more people arent preparing for bad times, apparently the US government recommend keeping 2 weeks worth of emergency food and supplies in case of pandemic, food shortage, natural disaster etc.

baileysbattlebus

tiff wrote: »

I'm surprised more people arent preparing for bad times, apparently the US government recommend keeping 2 weeks worth of emergency food and supplies in case of pandemic, food shortage, natural disaster etc.

It's funny you should say that - I have friends who, when they come round think I'm stocking up for a seige.

It's not deliberate - I think it was the way I was brought up - there were times when my parents had no money but we could always eat. And I have always been the same - the only things I would run out of if I couldn't shop would be milk and fresh fruit and veg. Though I do have a big chest freezer that is full, a tall pantry that is full of tins and packets etc.

I would imagine with a bit of thought we could manage for a month or more easily without shopping - but I hope I don't have to try.

chewmylegoff

my plan B is to leave the country and not bother coming back.

it has been screwed up a bit by sterling going down the pan, but at least the aussie $ has taken a battering at the same time.

tiff

chewmylegoff wrote: »

my plan B is to leave the country and not bother coming back.

it has been screwed up a bit by sterling going down the pan, but at least the aussie $ has taken a battering at the same time.

My BIL and his wife did that 4 years ago, moved to the Irish midlands when property prices were probably at their peak. He is now unemployed and no hope of a job. The dole office cant cope with the numbers of people that are turning up there. Having lived in other countries, grass isnt always greener, this recession is world wide not just here.