How To Protect Your Savings Against Job Loss
Private Unemployment Benefits Online – Join The Club
Most of us fear getting laid off or any causes of unemployment . You can work very hard to save as much as you can and then an extended stretch of unemployment can wreak havoc with your savings. State Unemployement benefits really won’t cover your needs. According to the Labor Department’s Employment and Training Administration unemployment statistics the average weekly State Unemployment check is only $299.00 while an average family’s weekly expenses may 2 to 3 times that high. Do you think you could you pay your bills on $299.00 per week?
According to a Fannie Mae government study typically the average length of unemployment is 16.5 weeks and the average person is unemployed 2.3 times in their working history. Statistics also indicate the chance of unemployment during one’s working career is 90%. Fannie Mae also reports that 38% of Loan Delinquencies & Home Foreclosures are caused by Unemployment.
In the past you really could not control the effect being laid off would have on your savings. Fortunately a new product has been develop called Paycheck Guardian.
A Paycheck Guardian membership can pay you up to $2000.00 per month if the cause of unemployment is voluntarily. Your benefits also include: Identity Theft Protection, Debt Relief Services,Financial Education and Legal Counsel & Services. So please visit the Paycheck Guardian website and eliminate some of your financial worries about possible job loss.
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Technorati Tags: unemployment statistics, cause of unemployment, prepare for job loss, job loss, laid off, unemployment management, unemployment information, unemployment benefits online, causes of unemployment, unemployment questions, unemployment faq
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