Monday, June 24, 2013

You Never know !!!

I recently left a job over something stupid that I did. Never knew how good I had it until I am no longer working there.

Am I going to be OK? Yes because I have an adequate funded emergency fund. This is because I delayed gratification by saving and investing money rather then having a car or buying things expensive clothes. Having an adequate funded emergency fund allows me to sleep at night. You never know when an emergency is going to happen whether voluntarily or involuntary. This doesn't negate the fact I made a mistake leaving my job.

What would happen if I didn't have an adequate funded emergency fund. I would have no way to pay rent or pay for food. Since I left the job, after 2 weeks notice, I do not get Employment Insurance as I left the job on my own.

The moral of this is that don't jump to quick and to something you will regret later. I am glad I have an adequate funded emergency fund.

DISCLAIMER:

     I am not a financial planner, financial advisor, accountant or tax attorney. The information on this blog represents my own thoughts and opinions and should NOT be taken as investment or business advice.  Every individual should do their due diligence to make their own financial decisions based on their financial situation and tolerance for risk

1 comment:

  1. Sorry to hear that :(. Not the best of news. Good thing you're forward thinking and have a nice financial cushion to fall back on. It's probably a good opportunity for you to relax, take it easy, and reflect a bit. Then apply to as many new work places as you can :) Hope you get back on your feet soon. The economy is recovering, I'm sure you'll find something.

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