Monday, November 24, 2008

What To Do?

Working in private sector is very unsecured, especially for those couple who work in the same sector. Or even worst, both husband and wife who work in the same company!

Everybody got to be prepared during this recession period. 10 years back, I was still a student, no worries. But now? I started to feel the pain. What if this going to be a prolonged recession, and follow by depression? My biggest fear is the possibility of losing my current job. I don't mind if company change their strategy to operate 4 days/week or planned shut down. At least this is much more better than retrenchment, isn't it?

I will lose my income if I become unemployed. Of course I believe hubby will still able to support me passing through the difficulties, but how long can I survive happily as a dependent? Can I sleep peacefully at night? What to do? And what can I do? How long will I take to get a new job? Huh?? :(

Hubby and I pulled back our spending in order to boost our emergency fund. We've stopped unnecessary spending on gaming, dine out and entertainment. We even gathered all our unused PS2, PSP, Nintendo game boy, laptop, desktop computer for sale. Surprisingly, tons of responses were received, and all were sold within a day. :)

Best still, we are fortunate for not holding any house loan debt. The only thing we must follow strictly is to control ourselves not eating out in expensive restaurants as frequent like we previously did. I'm trying my best to cook even over the weekends. Bear in mind, cheap and fresh food can be very nutritious if cooked in a proper way. Understanding the 7 essential nutrients which is required by our body and learn up of each benefit we gain through our daily food intake is a kind of useful knowledge. That's what I'm picking up now. :)

9 comments:

New Kid on the Blog said...

I understand how you feel and truly understand your present state of mind. It's scary... really scary. It's even more scary if you work for FTZ MNCs. Lots of companies are cutting headcounts, plant shut down, stop increment and bonuses.

Little Inbox said...

Aiya...worry also cannot do much now. Increment just got in July, so not a concern. Bonus also fixed at least 1 month cuz we are 13 month pay. The most scary is VSS...

Kadus_Mama said...

me and hubby work in the same company..! But so far, our company is doing very well..even now, still a lot of big projects coming in..guess Joey Yap feng shui prediction about construction line won't be affected by the economy crisis is true after all..
But like you, we are trying to save more $$ in case of emergency..! But when u have two small kids, not easy to save money oh...

Little Inbox said...

Har? Never know both of u are colleagues ler...
A couple who work in manufacturing line under electronic/ semiconductor field will be affected.

moomookun said...

Sob sob, we are in the same boat. No worries, Cow knows a good place to eat free grass. We can share.

Little Inbox said...

Hor?? Must dig more info from you. *Wink wink*

Kadus_Mama said...

ya lor..i'm the kuli only..hubby is my superior..hahaha!! weird huh??

Wai Wai said...

This bad time force us to prioritize and spend wisely. I believe both you and hubby can survive this bad times, don't worry and sure wise to be thrifty nowadays.

Kristie said...

yes it's true.. even we're tying the strings tighter... always be prepared for rainy days!