Benched in T-Minus 8 days - scary

**Tingles** · 5 January 2011, 20:30

11 months contracting and only 2 - 3 months warchest????

Spend a few minutes finding out where all the money went and cursing the waste at your leisure.

Tone

**MarillionFan** · 5 January 2011, 20:31

2 - 3 months.

Well, it's a bit light, but doable.

Take a month off then come back with 4 - 8 weeks left of cash, before embarking on a lunatic drive of job applications, late night coffees and CUK General abuse.

**d000hg** · 5 January 2011, 20:40

With less than 3 months before I ran out of cash, I'd cancel any spending I could unless I was walking straight into another gig. If you literally mean in 3 months you'll be flat broke that is.

To those tut-tutting... maybe he paid debts off with those 11 months' income.

**Tingles** · 5 January 2011, 20:43

Originally posted by d000hg View Post

With less than 3 months before I ran out of cash, I'd cancel any spending I could unless I was walking straight into another gig. If you literally mean in 3 months you'll be flat broke that is.

To those tut-tutting... maybe he paid debts off with those 11 months' income.

Maybe...

Maybe not...

Perhaps it would have been better to keep some for emergency rather than paying off debts.

Tone

Tone

**d000hg** · 5 January 2011, 20:45

An emergency 3 months, perhaps. Oh...

Who knows, maybe he got divorced or had been long-term benched previously with debts that couldn't be held off. Maybe he'll tell us.

**NorthWestPerm2Contr** · 5 January 2011, 21:10

household income got halved but i still managed to set some aside - effectively forced into contracting. I am talking about 3 months reasonably comfortably, might be able to stretch that out a bit more if i am really tight.

I had one phone interview yesterday and waiting on several agencies to get back to me - but I never count on those things...

**Platypus** · 5 January 2011, 21:11

Originally posted by Tingles View Post

Perhaps it would have been better to keep some for emergency rather than paying off debts

Thank goodness you're not a financial advisor !

**Tingles** · 5 January 2011, 21:13

Originally posted by Platypus View Post

Thank goodness you're not a financial advisor !

Yer need a decent buffer,

Tone

**Platypus** · 5 January 2011, 21:13

Originally posted by NorthWestPerm2Contr View Post

11 months contracting and fast approaching the reality of being benched.....

How do I deal with it when the inevitable happens?

Only 2-3 months warchest available.....

What happened to all your optimism?
http://forums.contractoruk.com/gener...ml#post1257158

I hope one of those roles comes up for you.

Benched in T-Minus 8 days - scary