We're not too worried yet - DH is the most experienced in his office - so it will be two other staff members to go before him. However, if they both lose their jobs - well.. then I'll start stressing!!!!!
Who knows - government might have to support us all soon - maybe they should keep some money up their sleeve?
LOL Mel, yep, I think the government should keep a little money handy too
Willow - I know how you feel about two little ones and another on the way. I have nightmares of having to sell our house and move, having to put DS1 into a new kinder, losing my business because we can't stay in our house, etc... Not a nice feeling!
I wish there was a crystal ball that showed how long this recession will last.
DP seems to be "safe" for now. I was made redundant just before xmas, while still on mat leave. I was quite happy about it because now I don't have to return to my job! This is my 2nd redundancy in 10 years and both times, I've been happy about it because I always look at it as a new opportunity to try something else....this time it's being a SAHM.
Laranna - I'm looking at it the same way most of the time because I was very unhappy in my job and looking to do something else. So I'm going to try to concentrate on studying and being a mum for the time being. I've tried to get some temp work but nothing has come up so far - not sure if my prg has affected my chances. It shouldn't be relevant with temp jobs but some people have strange views on it I guess.
My payout was decent, enough for us to get organised for the new bub and DH has a good wage. I don't *need* to work but we will miss the extra money.
If DH lost his job it would be disasterous - in simple terms we'd probably lose our house if he couldn't get another job quickly.
We've worked hard over the last 12 months to clear all debt except our mortage (still have a bit to go on our cc but that won't take long) so we're not in such a bad situation for the time being.
My DP is self employed (building industry) and normally has work racked up for months. He finished a job 2 weeks ago and has another small one starting in 2 weeks but nothing after that.
My work is flat out but I am due in 7 weeks and was hoping to take a month or 6 weeks off, but it looks like that may not happen. Fortunatly I work from home.
We are moving into our brand new house this weekend and while we have kept our mortgage right down by doing most of the work ourselves, there are a heap of jobs that are needed to be done by outside people (shifting dirt, fencing, driveway ect) that we just wont be able to do on one wage.
So while it is not the end of the world, we are certainly going to have to be very careful for the next while.
Heaps of others in the building trade are in the same boat.
Yep!!
Mine was told about mid december and finished up work on the 11th of Jan.
he worked a t a nickel mine in WA.
So No joy here!
Sad to say it like this, but I am damn lucky that I about to receive a significant inheritance from my mum - when her repugnant partner takes his illgotten gains through the solicitors.
It's possible XDH might lose his job next month It will be becasue the company oges under so no pay out or anything. I don't know what we'll do if it happens...to be honest we'd be screwed. Worked out the government would give me $1000 a fortnight - how do I support myself and 3 kids on $1000/fortnight?
I'd haev to get a full time job which after childcare and everything would leave me with next to nothing. Have to move to a crappy area and send the kids to crappy school. I'm trying not to think about it too much...
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This is my 2nd redundancy in 10 years and both times, I've been happy about it because I always look at it as a new opportunity to try something else....this time it's being a SAHM.
It will be becasue the company oges under so no pay out or anything. I don't know what we'll do if it happens...to be honest we'd be screwed. Worked out the government would give me $1000 a fortnight - how do I support myself and 3 kids on $1000/fortnight?
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