Get your finances in order — quick
June 25th, 2008 by admin
Has your company recently announced the formation of a redeployment strategy? Then you know that your time left there as an employee may be limited. Since you may be living on borrowed time, so to speak, you need to a checkup of your financial situation. If you would be unemployed, with no other income coming in, how far would your present savings take you? Most experts today agree that you should have at least three or four months of income tucked away safely in a savings account that you can draw on in the event that you become unemployed. If it takes longer for people in your field to find work, then you may need five or six or even eight months of savings. What about if things are going good for you, and you are not facing unemployment? Now is the time to build up your savings — while you have the opportunity.