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  • FIRST POST
    • Former MSE Sam M
    • By Former MSE Sam M 28th Mar 17, 10:51 AM
    • 238Posts
    • 159Thanks
    Former MSE Sam M
    MSE Poll: Will your finances be better or worse in two years’ time, after Brexit?
    • #1
    • 28th Mar 17, 10:51 AM
    MSE Poll: Will your finances be better or worse in two years’ time, after Brexit? 28th Mar 17 at 10:51 AM
    Poll started 28 March 2017

    Will your finances be better or worse in two years’ time, after Brexit?

    It’s Article 50 week. On Wednesday 29 March the Prime Minister will trigger the start of the Brexit process.

    If all runs as it should, in two years’ time the UK will no longer be part of the European Union.

    So forget the economy, let’s go personal, how do you feel your finances will be in two years' time compared to now?


    Did you vote? Are you surprised at the results so far? Have your say below. To see the results from last time, click here.

    If you haven’t already, join the forum to reply. If you aren’t sure how it all works, read our New to Forum? Intro Guide.

    Thanks!


    This Forum tip was included in MoneySavingExpert.com's weekly email!
Page 1
    • webwiz
    • By webwiz 29th Mar 17, 7:17 AM
    • 209 Posts
    • 77 Thanks
    webwiz
    • #2
    • 29th Mar 17, 7:17 AM
    • #2
    • 29th Mar 17, 7:17 AM
    In 2 years time I dont expect much difference. We will be saving the contributions to the EU but there will be some temporary disruption to trade. However in 10 years we will be much better off.
    • pollypenny
    • By pollypenny 29th Mar 17, 7:32 AM
    • 26,256 Posts
    • 69,394 Thanks
    pollypenny
    • #3
    • 29th Mar 17, 7:32 AM
    • #3
    • 29th Mar 17, 7:32 AM
    We are already worse off. Haven't people noticed how prices of basic have risen?

    Holidays aren't essentials, but the fall in the pound has also effected us.
    Member #14 of SKI-ers club

    Words, words, they're all we have to go by!.

    (Pity they are mangled by this autocorrect!)
    • Dird
    • By Dird 29th Mar 17, 9:07 AM
    • 2,620 Posts
    • 1,561 Thanks
    Dird
    • #4
    • 29th Mar 17, 9:07 AM
    • #4
    • 29th Mar 17, 9:07 AM
    We are already worse off. Haven't people noticed how prices of basic have risen?
    Originally posted by pollypenny
    Prices go up & down so not really. Some things I've noticed recently:
    - Ryanair London -> Bordeaux return ticket: Ł5.60
    - Supermarkets slashed 2p off fuel...then another 2p like a week later (offsetting some of the apparent rise due to currency drop)
    - Sky promotional Ł5 broadband offer
    - 2 year fixes now down to 0.99% again

    The only rises I've noticed are my broadband, water and council tax. But they always raise it every year to try and churn out extra money

    Will your finances be better or worse in two years’ time, after Brexit?
    Originally posted by MSE Sam M
    The question is pretty dodgy as it's personalised. A soon-to-be-graduate and someone in debt but clearing it will almost certainly have better finances in 2 years. Similarly I chose "better" as I anticipate above inflation pay rises through job changes.

    Whether the country overall is better is another question. I'd be leaning towards "slightly worse off"
    Last edited by Dird; 29-03-2017 at 9:12 AM.
    Mortgage (Nov 15): Ł79,950 | Cashback sites: Ł900 | Current accounts: 11
    Mortgage (May 19): Ł71,754 | Ł30k in 2016: Ł30,300 (101%)
    • dk2401
    • By dk2401 29th Mar 17, 8:28 PM
    • 37 Posts
    • 31 Thanks
    dk2401
    • #5
    • 29th Mar 17, 8:28 PM
    • #5
    • 29th Mar 17, 8:28 PM
    There perhaps should have been a 'Haven't Got A Clue' choice for this poll, given the huge element of uncertainty that exists..!
    • ARandomWelshGuy
    • By ARandomWelshGuy 29th Mar 17, 8:40 PM
    • 3 Posts
    • 2 Thanks
    ARandomWelshGuy
    • #6
    • 29th Mar 17, 8:40 PM
    • #6
    • 29th Mar 17, 8:40 PM
    In two years time, I'm going to say Slightly worse off.

    I understand that the VAT was not allowed to drop below 15% per the EU. Could the VAT be set to fall to a reasonable level?
    Originally posted by dastep
    Unlikely, it's not at 15% in the UK for a reason and that reason isn't the EU
    • happyinflorida
    • By happyinflorida 29th Mar 17, 10:26 PM
    • 776 Posts
    • 665 Thanks
    happyinflorida
    • #7
    • 29th Mar 17, 10:26 PM
    • #7
    • 29th Mar 17, 10:26 PM
    The problem we have with Brexit now is who is leading the talks. The EU is totally male dominated and they don't have respect for women at all, our useless unelected PM May is a walk over and because she's part of the problem elite who don't pay taxes, I think we're going to end up far worse off.
    • bagez7
    • By bagez7 1st Apr 17, 11:43 AM
    • 1 Posts
    • 0 Thanks
    bagez7
    • #8
    • 1st Apr 17, 11:43 AM
    It's not what happends, it's what you do about it!
    • #8
    • 1st Apr 17, 11:43 AM
    I think it is disappointing to see so many people believing they will be worst off in a couple of years time. The truth is the changes are not going to effect most of us all that much. The banks are still going be open, so keep saving your money, and doing all the things Martin and his team are good enough to educate us all with, and you will be better off in 2 years time.
    • Gavin83
    • By Gavin83 3rd Apr 17, 12:01 PM
    • 5,997 Posts
    • 10,263 Thanks
    Gavin83
    • #9
    • 3rd Apr 17, 12:01 PM
    • #9
    • 3rd Apr 17, 12:01 PM
    The results are unsurprising. Leavers generally believing they'll be better off, remainers believing they'll be worse off and 'others', who I assume were mainly non citizens (and therefore basically in the remain camp) also believing they'll be worse off.
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