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Hi,
I'm not yet a dad but have one on the way, due in January. I'm pretty worried about the recession - I'm working but there seems to be redundancies all over the shop and it won't be long before I'm supporting a family. My wife's working but that wont last. What would I do if I was given the push? Would welcome any advice on being a first time dad - does anyone else have the same worries about redundancy?
Hi Ninkipops - yeah i agree its a worrying time. Have you checked out any of the articles and videos etc in the finance section?
http://www.dadtalk.co.uk/categories.php?cat=Finance
If you click on the 'view all' there articles from a dad facing redundancy and some helpful tips and ideas on budgeting (or just click here to view them all http://www.dadtalk.co.uk/categories.php ... k=articles ).
Our money matters section also highlights some of the developments we're currently working on to support folk during this time - see http://www.dadtalk.co.uk/articles/money_matters.php
Hope these help...... let us know what you think
Any other ideas or experience dadtalk'ers?
Buzz
HI Chaps
I thought you would like to know that you can now get FREE debt advice on the forum from our new partners over at the CCCS.
Ask your question either here on the CCCS forum thread
http://www.dadtalk.co.uk/forum/viewtopic.php?f=17&t=384&sid=413cd33d90a148e2b7c574ef6b9aeb5c
Or post a question on our finance boards and the CCCS guys will respond that way.
http://www.dadtalk.co.uk/forum/viewforum.php?f=17&sid=413cd33d90a148e2b7c574ef6b9aeb5c
As long as you are not aware of your impending redundancy, or have no reason at the moment to think you are being made redundant (aside from the general climate), you can take out redundancy insurance - a specific policy will allow you to cover yourself for up to 50% of your income for up to 12 months, and you could take out the options on credit cards etc to cover these specifically. Of course it will costs about £4 - £5 per month per £100 of cover if you shop around for a redundancy/accident policy.
- Samaritans – call 116 123
- Shout – text the word ‘Shout’ to 85258
