How To Prepare Yourself Financially For a Union Strike

A UNION STRIKE AFFECTS EVERYONE FINANCIALLY WHO ARE DIRECTLY AND INDIRECTLY INVOLVED   When a union goes on a legal strike not everyone is prepared financially especially when the union strike lingers on for weeks and in some cases months. I’ve followed current College strike news in Ontario as the teacher’s head into the third week on the picket lines and wanted to learn more about the financial plight that everyone suffers, including students and businesses. The last thing you think of when you start the College year whether you’re away from home or not is how you will survive a union strike. Listen, I’m not union expert but what I am certain of is the financial impact a union strike can have and I’ve got some critical financial planning tips today for those of you who work for a union or are directly involved with a union. Most of the post will revolve around the current Ontario Colleges Union strike as an example. What does it mean to go on strike? A union strike means that the union and management are unable to come up with negotiations that meet each others needs. After this the workers walk off the […]

What or who do you rely on to earn an income?

YOU ARE YOUR INCOME SOURCE   We all need to earn an income to survive in this crazy world. Many people jump in their vehicle or rely on other community services in the morning to go to work. Typical day… maybe. What would happen if there was no more bus service or our vehicle stopped running? I never gave much thought about who or what I rely on to earn an income until this past week. I think plenty of people worry more about whether they will keep their job over how they will get to their job and other so-called slight factors that would cause an impeding problem to their income. To call them slight would be a huge mistake. Many of us live life similar to everyone else who gets up in the morning, eats breakfast, showers, sorts the family out and is off to work. Of course depending on your work schedule that might not be the way it rolls in your household but you know what I mean. I remember posting that when my wife and I bought a house we bought it on one income so we had almost a free income to work with […]

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