The R word

Yay, recession.

It bugs me that over the last few months as interest rates soared, the rates on loans soared in kind. Yet now they’re starting to fall, I’m not seeing a corresponding drop. Surely it has to come sometime. And yet the rate on my Fastsaver plunged, literally a day or two after the OCR cut announcement.

Things are going bad at the boy’s company. He’s getting sent home every week because there’s no work for them. Which is all fun and games since he gets heaps of downtime to mess around in, until the week after when his pay packet’s a helluva lot thinner. especially considering that he’s paying down debt at the moment, every dollar counts. we really need his full pay, more preferably. everything extra helps. and with the car needing a warrant this week, god knows how much repairs are going to cost. bloody money suckers. I know how it bores him to stay at work cleaning and doing crap stuff, but as long as he can stand it, as long as he can wring something out of it, it’s gotta be done. But when he’s got to stand around waiting for a “possible” job to crop up, all the while unpaid (they have to allocate their timesheets by jobs so the company can bill their clients) he may as well go home and chill out, hang out with people, clean and do chores (ha, yeah right).

We had the joy of having a meeting today about “cutbacks” (first time I’ve ever seen the editor in persn). I now know how many staff we have too, and it’s fewer than we think. Soon to be a few less, with a handful of redundancies on the cards (not in our department fortunately). I guess getting laid off happens to a lot of people, but it’s never really hit close to home before.

Guess it’s not the best time to ask for a raise…

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.