Quote: (09-11-2013 03:40 PM)Aliblahba Wrote:
Always have 10K in the bank for an emergency fund. If fired, draw unemployment and fly somewhere fun for a few months and look for a job online. The DR has U.S. type numbers so employers can call you there.
It sounds easy to up leave for a few months. I'm sure you can do that if you don't have any real bills like rent, mortgage, car payments or child support and still live at home. Unfortunately you're tied to these responsibilities.
The truth is typical corporate turnover is 2-3 years. So you should start looking for a new job around the 2 year mark. You'll make $10k more per year. It's much more that the measly raise they give you.
If you got laid off you'd probably ride it out on enemployment and enjoy the summer.
Team Nachos