If you are unable to work due to illness or injury for up to 6 months, could you still afford to pay your bills?
If your employer has no sickness insurance policy at work, what will you do? Many larger employers will have a sickness insurance scheme but most smaller employers will not.
Can you afford to live on £96.35 per week?
We suggest you need to have at least 3 months or 6 months savings to cover your basic living expenses. If you do not have this, you will struggle. You need to save and think about your credit score or getting into debt or arrears or indeed losing your beloved house, car etc if you have prepared.