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Are you 30 days from financial disaster? |
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Wednesday, 30 August 2006 |
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According to Prudential, many people are just 30 days from financial disaster. Research by the insurer has found that despite 2.9 million Britons feeling they are in imminent danger of losing their jobs, 36% have little or no savings to tide them through emergencies.
In the United Arab Emirates, an employer can fire you on the spot and offer only 30 days notice if you are unable to work through sickness and/or injury. For the full story and a solution,
Save some money! So many of us lose sight of why we are in the GCC in the first place. If you need some form of forced or disciplined savings then our qualified Consultants can demonstrate an array of award winning plans with online updates, flexibility and good growth opportunity. Moreover, you could consider income protection plans and other insurances should the worse happen. You can plan for these eventualities – most want insurance when it is too late!
Prudential's survey found that job insecurity is a “big worry” for one in 10 people in the UK, with 23% of the population worrying about it at least occasionally. The findings come just days after official figures showed unemployment levels at a four-year high. Yet despite this, most people have not taken any action to protect their finances, with the result that millions are living from one pay day to the next with no financial back-up. In short, they are 30 days from financial crisis. Is this you too?
Some 18% of Britain's workers were signed off last year due to long-term illness and while some companies may continue to pay a salary for a limited period, others may not, and even for those who do offer sick pay, there is a limit to how long they can do this for. In the United Arab Emirates it is only 30 days.
Stop leaving everything to chance and Sort Your Life Out! |
