| I'm going to try and remove any kind of political talk from this as I can. To be honest, with Brexit looming and uncertainty around a possible election, I've spent the last year preparing myself for a recession. Over the last few years I've noticed a few businesses in Bristol contract their operations back to the capital, and salaries for software engineers overall have dropped, so I've largely been preparing for what I thought was the worst-case scenario: 1. A bad Brexit, lots of uncertainty, job losses, etc. 2. Increase in price of essential goods. We have a cupboard full of long-life essentials to last a few weeks, so we definitely won't starve. We're lucky enough to have enough room to store things in bulk, so we don't need to panic buy - and quite frankly I don't see a point in buying a ton of stuff I might not need when there are loads of people that will definitely need it. 3. A quick access fund with enough money to last me and my wife a few months, if needed. 4. In the long-term, increasing my skills in case I need to find a new job in short notice. Many of these steps will help for Coronavirus, but a concern of ours is what our "worst-case scenario" looks like with a Pandemic AND Brexit. |