Do you have a plan B?

chewmylegoff

tiff wrote: »

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.

i know this, but the mrs is both australian and a social worker and therefore is good for a job, and i am prepared to collect trollies in supermarket car parks for money. coupled with the fact that we could buy a property in australia without a mortgage, i'm not too concerned.

i won't get made redundant anyway, as i get busier in recessions.

tiff

Sounds like a good plan. I know someone who moved there to be with his Australian girlfriend and got a good job (similar to what he did here) within 2 weeks of being there.

SingleSue

Think I am already on plan Z!

Ok maybe not that far but I have had to adapt during the course of my life and especially since the last recession.

My current plan is to get my degree and then combine my old career with my new qualifications and go into shipping law for when the children are old enough to be fairly independent.

In the interim, plan goodness knows what is to just get any job I can that fits into the care needs, study and try not to go completely crazy.

fc123

tiff wrote: »

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I feel that we need to do something to help ourselves, the way things are going, so do you have a plan B?

I am now on Life Plan G sub section xxi. Generali said my Life Plan G sounded good it was named after him. Kept the G but had to sub it rather than rename it Life Plan M.


Some sort of Plan is sensible but life has these funny ways of throwing spanners into the works. Random, unforseen events that tip all the best laid plans upside down.

Best LifePlan is to have a flexible approach.

I have never been one to spend the leccy bill money on a night out as 'You may get run over by a bus tomo'' but planning to the nth degree generally backfires at some point.

Always expect the unexpected........so you think of all the worst case scenarios and unlikely random events that could happen.......and then something else entirely happens.

I have a couple of spare bags of brown rice....but that's it.

tiff

Well of course the plan is flexible, we might not get to the point where debts are paid off before redundancy if/when it happens, you move through life with an evolving plan. If it does happen too soon, you move on to your next idea or maybe the next one.

amcluesent

Plan A buy bullion in offshore accredited vaults, run down visible savings to a tenner.
Plan B, convert to Islam
Plan C, limp to benefit office. "Feather bed me, I'm a differently-abled effnic!"

vivatifosi

I've just instigated Plan B and taken a part time job to make cash flow through the business less of a worry.

Plan C - should I ever need it - is to go all doomsday scenario, live out my favourite thread ever and eat dopester's dog. Fortunately for dopester, dopester's dog and me, I am in real life a vegetarian - so it ain't gonna happen. Here's hoping plan B works.

piggeh

amcluesent wrote: »

Plan A buy bullion in offshore accredited vaults, run down visible savings to a tenner.
Plan B, convert to Islam
Plan C, limp to benefit office. "Feather bed me, I'm a differently-abled effnic!"

Surely these are all part of the same plan

Max_Headroom_3

Been planning for a couple of years, mainly, dare I say it, due to reading the HPC site which backed up my "overheated economy" theories.

Been throwing everything at the mortgage for a couple of years, finally cleared it at the very end of last year, although with absolutely zero savings of course as it's all gone into the mortgage.

So plan A is to carry on as I am, buy a couple of nice things I want/need (with cash obviously) and then try and gather together some savings. If the stock market plunges much lower may even start to drip some money that way and see how it does.

Plan B, should I lose my reasonably well paid job, is simply to get a job doing anything I can on the basis that with minimal overheads I could now survive on a minimum wage job if I had to, and try and build myself back up as and when.

I feel very strongly that survival is the key at the moment, and being in a position to survive (if not thrive) on a low income if necessary, plus own the house outright, is about as secure as I feel I can make myself.

Adebisi

Plan B. become a politician