How fragile is your life?
How fragile is your life?
Author
Discussion

Upinflames

Original Poster:

1,778 posts

195 months

Monday 1st July 2024
quotequote all
On the back of the homeless thread really, was just thinking about my life and how fast things could go wrong.

If the company I work for went tits up tomorrow I'd need an income by 3 months from now to avoid drastic changes.

I could start selling stuff, the boat, motorbikes and a couple of cars but by 2 years that would be exhausted.

How close to the wire are you?

Martin315

331 posts

26 months

Monday 1st July 2024
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Worst “I’ve got a boat” thread ever smile

Wheel Turned Out

1,642 posts

55 months

Monday 1st July 2024
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I think we're probably all closer than we'd like to admit. Things can go from fine to fcensoredked in the blinking of an eye.

Cheerful Monday thoughts. hehe

E63eeeeee...

5,483 posts

66 months

Monday 1st July 2024
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About a year fairly comfortably, just selling the silly cars. Two years cutting fully back and keeping the lights on, but I assume I'd either find some kind of work or otherwise I'd be sick enough for benefits before it came to it.

ChocolateFrog

32,557 posts

190 months

Monday 1st July 2024
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Essentially we'd be fine indefinitely.

We've got a generous state. The only extravagance we have are holidays and those include Butlins and Mablethorpe, so not change biglaugh

monthou

5,090 posts

67 months

Monday 1st July 2024
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We'd be fine indefinitely but not particularly comfortable (57 and 53, we could manage until pensions kick in).
We've only just reached that point.

Gordon Hill

2,412 posts

32 months

Monday 1st July 2024
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ChocolateFrog said:
Essentially we'd be fine indefinitely.

We've got a generous state. The only extravagance we have are holidays and those include Butlins and Mablethorpe, so not change biglaugh


Same here but then I'm of a "certain age". As a younger man there would have been times when the kids were young that I'd have been lucky to last 3 months.

fridaypassion

10,396 posts

245 months

Monday 1st July 2024
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I could shoot the peacocks and turn the pool heating down that would give us a stay of execution!

Slow.Patrol

2,448 posts

31 months

Monday 1st July 2024
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Retired, so no potential issues.

Spent most of my working life fretting about work, money, mortgage payments etc. Paying off the mortgage at 52 was a game changer. I sleep a whole lot better now I am retired. The only thing that could be an issue is rampant inflation.

Sheets Tabuer

20,445 posts

232 months

Monday 1st July 2024
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9th of may 2005 I was told my son wouldn't make his teenage years, the mrs left me for a bloke she worked with emptying my bank account and clearing the house out, two days later I was told I was being made redundant and on the Friday I got a letter telling me we hadn't been paying the mortgage (Mrs again) and if I didn't make a payment and the arrears they were going to repossess the house which took all of my redundancy money.

But hey, when you're at rock bottom the only way is up right?

thebraketester

15,157 posts

155 months

Monday 1st July 2024
quotequote all
Upinflames said:
On the back of the homeless thread really, was just thinking about my life and how fast things could go wrong.

If the company I work for went tits up tomorrow I'd need an income by 3 months from now to avoid drastic changes.

I could start selling stuff, the boat, motorbikes and a couple of cars but by 2 years that would be exhausted.

How close to the wire are you?
It’s sad (but not unexpected) that your main priority seems to be money. In reality, your health should be your primary concern.

Ken_Code

1,566 posts

19 months

Monday 1st July 2024
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Upinflames said:
On the back of the homeless thread really, was just thinking about my life and how fast things could go wrong.

If the company I work for went tits up tomorrow I'd need an income by 3 months from now to avoid drastic changes.

I could start selling stuff, the boat, motorbikes and a couple of cars but by 2 years that would be exhausted.

How close to the wire are you?
Not at all.

Much of this is down to choices we made. We didn’t have children until we were established in our careers, and until we had enough savings to ensure we could survive well even if one or both of us lost our jobs.

We waited until we were as sure as we we could be that we weren’t going to split up, and then we lived well within our means.

Of course some people will scoff at the idea of doing this.

Wacky Racer

40,026 posts

264 months

Monday 1st July 2024
quotequote all
Someone once said:-

An Englishman's house is his castle, (Until his wife wants a divorce).

I agree money is very important, but your health (mental and physical) is far more so.

Ken_Code

1,566 posts

19 months

Monday 1st July 2024
quotequote all
Wacky Racer said:
Someone once said:-

An Englishman's house is his castle, (Until his wife wants a divorce).

I agree money is very important, but your health (mental and physical) is far more so.
But it’s not either / or.

Downward

4,830 posts

120 months

Monday 1st July 2024
quotequote all
Upinflames said:
On the back of the homeless thread really, was just thinking about my life and how fast things could go wrong.

If the company I work for went tits up tomorrow I'd need an income by 3 months from now to avoid drastic changes.

I could start selling stuff, the boat, motorbikes and a couple of cars but by 2 years that would be exhausted.

How close to the wire are you?
Christ. Peak PH this is.
Getting Michelle Mone vibes here.

768

17,514 posts

113 months

Monday 1st July 2024
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Financially pretty secure, almost have the opposite problem where I see little point in working.

I'm happy enough sleeping on the ground in some far off country with low cost of living anyway. Wife and kids less so.

119

13,772 posts

53 months

Monday 1st July 2024
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Haven’t worked for over 10 years.

Monkeylegend

27,839 posts

248 months

Monday 1st July 2024
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[redacted]

dandarez

13,738 posts

300 months

Monday 1st July 2024
quotequote all
[redacted]

dandarez

13,738 posts

300 months

Monday 1st July 2024
quotequote all
Slow.Patrol said:
Retired, so no potential issues.

Spent most of my working life fretting about work, money, mortgage payments etc. Paying off the mortgage at 52 was a game changer. I sleep a whole lot better now I am retired. The only thing that could be an issue is rampant inflation.
Don't forget the most potential issue - your health.

I'll take my 'health' over 'wealth' any day.