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Good habits in good times soften unemployment’s blows
4 posters
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Good habits in good times soften unemployment’s blows
"It helps, experts say, if your financial house was in order before landing in the unemployment line."
http://www.joplinglobe.com/dailybusiness/x651394394/Good-habits-in-good-times-soften-unemployment-s-blows
http://www.joplinglobe.com/dailybusiness/x651394394/Good-habits-in-good-times-soften-unemployment-s-blows
Re: Good habits in good times soften unemployment’s blows
Jobless_in_Ma wrote:"It helps, experts say, if your financial house was in order before landing in the unemployment line."
http://www.joplinglobe.com/dailybusiness/x651394394/Good-habits-in-good-times-soften-unemployment-s-blows
All well and good if you have no mortgage, no real credit card debt, and a rainy day savings account but realistically how many people have that kind of luxury?
chopthis91- Member
- Posts : 226
Join date : 2011-02-20
Age : 71
Location : South Florida
Re: Good habits in good times soften unemployment’s blows
I agree 100%. Most were already in serious debt and upside down on their mortgages.
Re: Good habits in good times soften unemployment’s blows
It does help if you are in good financial shape before being laid off. My mortgage was paid off and I had substantial savings. Unfortunately three years later still no job and savings are depleted. Still no jobs in my field.
Worrier- Member
- Posts : 15
Join date : 2011-03-07
Location : NY
Re: Good habits in good times soften unemployment’s blows
I agree w/ chopthis, most people -- unfortunately -- are a couple of paychecks away from disaster.

Brain Droppings- Member
- Posts : 40
Join date : 2011-02-22
Location : MA
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