Serejouir said…

Hi AK, 

I am a long time reader of your blog and felt compel to write in and share my own experience after reading about the reader who was jobless for almost a year

I could not agree with you more on living prudently, avoiding unnecessary debt and investing in income generating tool. To add to that, we should also make an effort to to build up transferable skills.

I’m in my late 40s and single, earning $8-9k a month. I was retrenched in Nov last year, a week before my 25th year anniversary with the company, with almost zero compensation. 

Thankfully, I have minimal debt – only a property loan that I co-share with my sis, which we managed to 1) re-mortgage a few months before my retrenchment; & 2) rented out albeit lower than our monthly loan payment at the moment …