Job Security-I Hope

[StaciMM]

I started a 'temp to perm' position on Aug. 1 and my hope is the company I'm working for will offer me the permanent position when I am eligible late Oct/early November...

Things are looking good-I was just given responsibility over 3 more apartment communities. (I work in accounts payable for a property management company.) I'm now handling properties for 2 accountants while the other a/p person is handling properties for 1. (She is only working 5-6 hour days for now as she went thru emergency surgery a couple of weeks ago and will be under a dr's care for at least 6 weeks.)

I *hope* I'll get a raise if/when I'm hired on permanently, but even if I don't I hear they have great medical benefits...

[Minnymouth]

Give it your best shot - and hope for full time!!!!

We hope so for ya too!!!

Minny

[Lightning]

Job security is a myth and a neat catch phrase, nothing more. No one has a secure job. Everyone is replaceable. That's why it's so important to save while you're employed and plan for unemployment.

Good luck with your new job. Be sure to contribute to your 401k as soon as you're eligible or an IRA if you're not.

[tinroofrusted]

Job security is a myth and a neat catch phrase, nothing more. No one has a secure job. Everyone is replaceable. That's why it's so important to save while you're employed and plan for unemployment.

Good luck with your new job. Be sure to contribute to your 401k as soon as you're eligible or an IRA if you're not.

You are by far the most negative person that I have ever met in my life. You just make it a point to rain on everyone's parade, don't you?


Stacy- you go girl! Take this and run with it, and give it all you have! Congrats.

[tinroofrusted]

Job security is a myth and a neat catch phrase, nothing more. No one has a secure job. Everyone is replaceable. That's why it's so important to save while you're employed and plan for unemployment.

Good luck with your new job. Be sure to contribute to your 401k as soon as you're eligible or an IRA if you're not.

And if she were to die tomorrow, that IRA would REALLY be helpful, wouldn't it?

[Lightning]

Actually, I'm a very positive person. I'm just pointing out the fallacy in the post. Believing one has "job security" is what leads to excessive debt. How many times have you said or heard someone else say, "But I have a good job, and I can make the payments,"?

Are you honestly advocating that no one save money or contribute to retirement accounts since they could "die tomorrow"? The average life expectancy is 77.6 years (for 2003). Unless StaciMM is 76 years old, she's far more likely to find herself disabled or alive without any money to pay expenses in retirement.

tinroofrusted, do you have an established 401k and/or IRA account? How much is in your savings? If you live by the motto "What if I die tomorrow", you'll be broke if live.

[tinroofrusted]

Actually, I'm a very positive person. I'm just pointing out the fallacy in the post. Believing one has "job security" is what leads to excessive debt. How many times have you said or heard someone else say, "But I have a good job, and I can make the payments,"?

Are you honestly advocating that no one save money or contribute to retirement accounts since they could "die tomorrow"? The average life expectancy is 77.6 years (for 2003). Unless StaciMM is 76 years old, she's far more likely to find herself disabled or alive without any money to pay expenses in retirement.

tinroofrusted, do you have an established 401k and/or IRA account? How much is in your savings? If you live by the motto "What if I die tomorrow", you'll be broke if live.

I have a 401K and I have an emergency savings account of $1000.00. No more, no less, because it's just me, and I have just ME to look out for. And I DO live by the motto, I could die tomorrow. I say my prayers before I go to bed each night and am grateful for the sunris in the morning.

And interestingly enough, I am happy and not broke. Imagine that.

Regardless, your rainy parades are getting quite old to me. You seem to constantly find negativity with everyone here. It's like you come here to make yourself feel better about yourself by running other people in the ground and reminding them of their shortcomings. Since you are SOOOOOOOO financially secure, you haven't filed bankruptcy, so my question to you, is what the hell are you doing on this message board other than offering unsolicited and negative advice?

[Lightning]

One should have 3-6 months of expenses in savings. If $1,000 covers this, then you're doing well. If it doesn't, then it's a good start, but you should keep adding to it.

Encouraging people to spend and not save because they might die tomorrow is completely irresponsible. People should plan for the worst and expect the best. There's a healthy balance between spending and saving for everyone, and that formula depends on the person's individual situation.

[StaciMM]

(I didn't mean to start something, LOL!)

Yes, I realize 'security' on any job is limited. At the same time, a permanent position has more security than a 'temp' assignment so it is a step in the right direction. I started the temp-perm spot knowing there was a good possibility of going perm, and what I'm making now working 40 hours/week is the same as my prior job where I work 60 hours/week.

Assuming I get the perm position, I will also soon be elibible for benefits. Haven't had those in a long time! I realize the importance of looking ahead. It isn't alot, but I made DH start contributing 2% of his weekly pay into a 401k. We can't spare much right now, but if he didn't take the chance when he was first eligible-he would have needed to wait til the next open enrollment.

Ps-
Lightning, I've noticed a more tactful approach in your responses lately. I will even go so far as to say that you bring a needed 'reality check' to the threads at times.

Everyone, play nice.

[Lightning]

You're right. A "permanent" job definitely beats a temp position.

If you and/or your husband can contribute to your 401k plans up to the employer match, that would be best. Remember that the more you contribute to a 401k, the lower your income tax obligation is. Set up your budget excluding the amount of your contribution, and you'll find you don't notice the "missing" money.

[tinroofrusted]

One should have 3-6 months of expenses in savings. If $1,000 covers this, then you're doing well. If it doesn't, then it's a good start, but you should keep adding to it.

Encouraging people to spend and not save because they might die tomorrow is completely irresponsible. People should plan for the worst and expect the best. There's a healthy balance between spending and saving for everyone, and that formula depends on the person's individual situation.

That is ONLY your opinion, and should be stated as such.

What works for one person doesn't work for the next.

[Lightning]

I'm not making this stuff up. Ask any financial planner or anyone who has weathered a serious financial problem. They'll all tell you that you need several months of expenses in the bank.

What's the harm in telling people to save money?

No one suggest people should save everything and live in poverty. Pick up any book in the finance section of Barnes & Noble, and you'll find the same advice that I've mentioned here.

It's not "my" opinion. It's the opinion of every financial adviser and financial book author.

[hhou812hh]

Job security is a myth and a neat catch phrase, nothing more. No one has a secure job. Everyone is replaceable. That's why it's so important to save while you're employed and plan for unemployment.

Good luck with your new job. Be sure to contribute to your 401k as soon as you're eligible or an IRA if you're not.

Lightning, we all know that it's tougher in the world today with global competition, but you shouldn't pee on people's dreams this way.

Not only should you StaciMM listen to "you know who" on saving for the future, but if possible save some liquid if you can too for emergency money so if you get into trouble again you won't have to borrow from your 401k or worse use credit again.

Best of luck!

[hhou812hh]

One should have 3-6 months of expenses in savings. If $1,000 covers this, then you're doing well. If it doesn't, then it's a good start, but you should keep adding to it.

Encouraging people to spend and not save because they might die tomorrow is completely irresponsible. People should plan for the worst and expect the best. There's a healthy balance between spending and saving for everyone, and that formula depends on the person's individual situation.

I too agree with this statement. Some of us made mistakes which is why we are all here. If we follow these rules this will reduce the pain of what we are living right now.

Good job Lightning! (did I say that out loud! LOL)

[Pinktiger]

True,Lightening. You don't LIE. But you need to LIGHTEN UP

I'm not making this stuff up. Ask any financial planner or anyone who has weathered a serious financial problem. They'll all tell you that you need several months of expenses in the bank.

What's the harm in telling people to save money?

No one suggest people should save everything and live in poverty. Pick up any book in the finance section of Barnes & Noble, and you'll find the same advice that I've mentioned here.

It's not "my" opinion. It's the opinion of every financial adviser and financial book author.

You are, in truth, saying it like it is. But you don't know how to advise people. The way you do it is not diplomatic, and doesn't encourage them to take your advice. You come off as judgemental and mean-spirited.
I don't think you really intend to sound the way you come off.
But this is how it is perceived.
I still haven't figured out what your deal is, anyway. You obviously have the world by the tail and don't have any financial problems, so what brought you here?
Are you here just to "slum" and "gloat" and throw your knoweledgable "weight" around?
Because for the life of me I can't figure you out.