F&F what are the odds !?!
Posted: Mon Jun 15, 2020 3:56 pm
Hello everyone long time listener first time caller.
I'm at odds at the minuet on what to do.
Quick basic brake down of my reasons for a F&F payment.
1. I'm at high risk of being made redundant. 25% of the work force are in for the chop. Possibly more to come.
2.Redundancy pay is only going to be statutory ( Around £2.5k)
3. If I'm not made redundant our earnings will go down. Still undetermined how much yet.
4. Even if I'm not made redundant I want to leave my job and re train. I currently spend 60% of my life away from home. Months at a time. It's having a big impact on my mental health as well as my home life. But doing this would mean I wouldn't be able to keep up the payments I now have in place.
I Currently pay £450 a month and have around 21 months left Or £9450
My wonderful new partner has offered me £7000 as a full and final payment.
I would love to get peoples opinion on this. Is it worth me doing. Would the above Circumstances have any mitigating affect on my chances ?
Thanks so much for your time guys. And keep the cracking information coming.
I'm at odds at the minuet on what to do.
Quick basic brake down of my reasons for a F&F payment.
1. I'm at high risk of being made redundant. 25% of the work force are in for the chop. Possibly more to come.
2.Redundancy pay is only going to be statutory ( Around £2.5k)
3. If I'm not made redundant our earnings will go down. Still undetermined how much yet.
4. Even if I'm not made redundant I want to leave my job and re train. I currently spend 60% of my life away from home. Months at a time. It's having a big impact on my mental health as well as my home life. But doing this would mean I wouldn't be able to keep up the payments I now have in place.
I Currently pay £450 a month and have around 21 months left Or £9450
My wonderful new partner has offered me £7000 as a full and final payment.
I would love to get peoples opinion on this. Is it worth me doing. Would the above Circumstances have any mitigating affect on my chances ?
Thanks so much for your time guys. And keep the cracking information coming.