- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Why dont Oil Field Workers have savings accounts ?
Posted on 3/7/16 at 10:33 am to redstick13
Posted on 3/7/16 at 10:33 am to redstick13
quote:
The average oilfield worker would have to save 20% for around 5 years to have one year's salary saved. Most of these baws are looking at a year or more of being out of work in their chosen profession.
So they shouldn't bother?
Posted on 3/7/16 at 10:34 am to SG_Geaux
quote:
So they shouldn't bother?
Exactly. Some of the financial planning theories in this thread are what you'd expect to hear from a child.
"There's no way they can save enough to maintain their current lifestyle for an entire year if they were to become unemployed, so there's no point in even trying to save money."
This post was edited on 3/7/16 at 10:36 am
Popular
Back to top
Follow TigerDroppings for LSU Football News