And so the credit crisis comes to town.... .....

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And probably it will land right on my doorstep. We all know the state our economy is in right now, some of us being affected more than others. We are lucky in that in the past couple of years, we knuckled down before all this started and sorted out the vast majority of our debts, its been hard but worth it to see the accounts starting to look healthy for a change. Only what I did not expect was that our hard work would ultimately turn out to maybe being our safety net. I live in a small town, a town that thrives from one main business, this business has factories all around our area and if you ask anyone in my neck of the woods where they work, they will all tell you the same place. Well recently this business started redundancies, they laid off a few hundred jobs, it was a tense time, but my hubby was OK, his job was safe. I predicted that there would be more job losses as the company comes into its quiet period in November and so I expected there to be more job losses either before or just after christmas. However, I was wrong, and last week an announcement was made that a further 500 jobs are to go. Well, now it is just a waiting game, waiting to see if my hubby is going to be on that redundancy list. It is going to be tough week for a lot of people,including us, the waiting is awful. But I mean we are in a better postion than so many other families, I mean even if worst comes to worst, and touch wood it does not, we will have a lump sum of redundancy to come in, we will get more money for child benefit to help out and we have about 2 months of wages in the bank, so we will float for about 6 months before it becomes dire. My hubby already is planning to go into driving and take a course for HGV driving, and they are desperate for drivers. But what about all the other families, they have no back up, they are in debt up to their eyeballs, all of them live way beyond their means and cannot survive on the wage they get without masses of overtime. How are they going to survive, what they get in redundancy will not last them more than a month or two. It is such a sh!t time. Oh well, not a lot I can do, but boy, have I done some worrying this week, even though I know we will be OK for a while the worry of it is making me ill at times. Could you all please send positive thoughts that my hubby manages to keep his job this time? If he can just keep his job long enough to train up for this lorry driving it will be fine!! Has anyone else been made redundant recently? How many of you are worried for your jobs at this moment in time? What impact on your lives is all this economy worry having?