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Old 6th May 2002 | 05:47
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Desk-pilot
 
Joined: Mar 2001
Posts: 317
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From: UK
To sever or not to sever?

I hope nobody minds me talking figures here but they are necessary for context and I'd appreciate some views!

I have a couple of options:

Take severence from my current IT Management job which might result in a windfall of around £30k to invest in flight training and borrow the remainder.

Take a career break from my current job and borrow the whole lot for flight training against the equity in our house. The advantage of this being a guaranteed job with my current employer if it all goes tits up!

We have no children (yet) and my wife has a reasonably well paid job - but it won't cover our mortgage and living expenses (we live in the SE!) so I will need to borrow money for some living expenses too.

In short - would you be prepared to lose the £30k severence in order to never have to fear stacking shelves in B&Q?

Interested in responses.

Desk-pilot
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