Finances a concern for RAF staff workers on strike

Many of us may be feeling the effects of the economy, but here are a few suggestions to help.

08:31 22 June 2013

A civilian RAF strike reportedly over a rejected pay rise has been deemed an issue for ISS. The workers on strike apparently enjoyed higher pay rises than many others in comparable positions.

 

Everyone may be feeling the squeeze of the economy, even if it is on the upswing. If you are also feeling the pinch, here are a few ways to get your finances to work in your favour.

 

• Resources—if you are really in a pinch, make sure you are getting all the support possible from the resources, which are available to you, such as the Social Fund. Even friends and family may be able to help a little bit.

 

• Reduce—once you have checked out the available resources that can assist you with your finances, it is time to see if you can free up some extra money. This may not be possible, but reducing the minutes on a cell plan, doing without internet for a little while or making some other concession could mean the difference between funds that can do a lot of good such as paying off a debt. Most of the time reductions are only temporary so that you have the money you need to get ahead in your finances.

 

• Relocation—many people feel tied to a certain home or community, but with the economy you may be sealing yourself into a poor financial situation. If you can still live in a safe community, but pay much less each month, it is something to seriously consider. If you have children, you will also probably be concerned with the type of schooling available, so investigate a little bit before you use this to improve finances. Look for win-win situations whenever possible.

 

• Rethink—if things have been difficult, rethink your abilities. Perhaps you would be able to care for a few children, teach others a craft, or share a skill or talent to help your finances.