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Tuesday, 11 September 2007

What should i do take the money or keep the job? -

Advice Please. Whats should I do? What would you do? I have a reasonably well paid job, I earn in the region of £30k per year. I have been offered the oporunity to take voluntary redundancy. The severance pay would be around £20k in a lump sum. I don’t enjoy my job any more but it pays the bills. I have a partner and 3 kids and around £20k of debts which I would pay off some. I estimate the remaing cash would cover living expenses for another 3-4 months. Should I live for today and hope something pops up or use my head and stick at my job? I only have a two week window to decide. |::::|Keep the job. At this time things are so uncertain. I feel it best to keep your job until you are positive you have another one. |::::|It s one thing if you didn t have kids, but right now I would probably stay. Work off your debt first then once that s out of the way, as long as you can support your family, find something you like to do and leave the job your in. However if you can still afford to comfortably support your family on the new wage and whatever your partner makes then I d say go for it.|::::|Look for a new job in the 2 week period you ve been given to make a decision. If you don t find something, keep your present job. If you find a new job, take the severance pay. Nothing prevents you from looking for a new job, in either case. |::::|so you dont like your job. Id take the money pay off three quarters of the debt and take the rest as a nest egg till yo find anther job. money not earned is much sweeter than money earned.

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