Hi everyone!
I finally need a chatroom to ballast questions that have been bottling up my brains these few days. I am a Singaporean and applied for a new job internally in London. While part of me yearns very much for a new living in a bigger, more vibrant city, part of me feels skeptical whether I should take the plunge, with concerns mainly over career, salary and the future.
So here are my questions.
1) Many people told me that the East Asia is better because even people from the West are swamping here for jobs, which I do see it in the recent years. But from my readings over the internet, Brexit seems to be the greatest uncertainty to London' economy and thus the biggest concern at macro level. Also, a friend of mine now in London doing finance feels that London is still doing well. Do you seen any possibilities that London might lose it's footing in the global market?
2) How much do you think a single woman could survive and possibly save in London every month? We haven't got to the stage on payout but I do hope I don't suffer too much a net-loss. I have to admit that I am saving a decent 60% of my monthly net salary as I am living with my parents and I know I wouldn't be able to hoard this huge proportion of my income in London. I am willing to stay as far as zone 3, the East or North of London, bring my own lunches to work, etc.
3) Lastly, I am not sure of the working culture but I presume it would be ten times more stressful than in Singapore. Should I failed in London, do you think there might be other opportunities elsewhere (perhaps even out of UK) in the commodities industry?
Keen to hear sound advice from everyone.
Thanks
youdunsay