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re: Ok MT, how would you handle this situation?re: layoffs

Posted on 1/16/15 at 9:55 am to
Posted by jonboy
Member since Sep 2003
7138 posts
Posted on 1/16/15 at 9:55 am to
quote:

Why can't you drive the van if you get laid off?


The logistics of three kids would make it nearly impossible on a day to day basis.

quote:

the last thing you need to be doing right now is buying a vehicle if you don't have 3-6 months of expenses in an emergency fund.


I have an emergency fund: what I don't have is money set aside for another vehicle. I'm trying to avoid dipping into the e-fund for a vehicle.

I like the idea of saving money & approaching my employer later on. Might be the most logical course of action.
Posted by The Spleen
Member since Dec 2010
38865 posts
Posted on 1/16/15 at 10:00 am to
If they're forced to lay people off, a good chance they also need to cut their vehicle fleet. Good chance to get a great deal on a truck you're familiar with.
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