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Ask Dave

Milking Unemployment

Tim has a question about unemployment that just about makes you get mad.

QUESTION: Tim had a motorcycle wreck 7 months ago, and has been collecting unemployment for 5 months. If he gets a new job, unemployment will run out. He was making $1,200 a month before the accident. He is making just as much with unemployment as he was at his old job. Should he milk unemployment for what he can?

ANSWER: You can make more than what you were making just delivering pizzas. No, you shouldn’t milk unemployment. Get off your butt and get something to do as fast as you possibly can. You may need to work 3 jobs until you get a good job. Don’t go back to your old job because you were living at the poverty level, not counting your wife’s income. You have a career crisis on your hands!