I’m still thinking through the consequences of a staff briefing at work yesterday which contained mention of two of the most unpleasant terms you can hear in your working life, redundancy and pay cut. We are officially feeling the effects of the economic hole that British banks have dug for us, which is unsurprising when you think about most of our clients are retired and living off investment income which means they’ve just seen that income slashed by the massive drop in interest rates. Along with this the falling value of the pound has pushed costs up significantly, particularly in Europe.

All this leads to a situation which many working here have never really experienced, in any real sense hasn’t been too much of a worry for the younger generation and as a result our definition of ‘essential purchase’ is now being found to be flawed. So its time to cut costs both at work and at home, at work this is difficult, purchases are already only made when necessary for business functions rather than going for the nice to haves. At home on the other hand things are a little easier, WoW is gone, dad can foot the bill for the Napster subscription because he uses more than me at the moment anyway and my subscription to CustomPC will be coming to an end. The three regular payments that will hang around are this web space (£5 a month I think I can swallow), my car and its associated bits and bobs (because frankly at the moment would probably cost me more to get rid of than keep ) and my mobile (without which I’d actually find difficult to communicate with the outside world). All these will help reduce the outgoings but I’ll also be looking to increase the incomings which hopefully will include the for the design and construction of a website for the playschool where Funkymonarch’s mum works.

Aside from all this I really need to sit and think about what my options for the future are and precisely where I’m going with my (work) life, do I stay in or is now the time to consider other possible career choices? Is now the wrong time to be considering a massive change in direction? A whole myriad of factors will go into making these decisions and the upshot of all I don’t even know yet, what ever happens interesting times are ahead.

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