▲ 35 r/UKPersonalFinance
Lost job, Have decent savings, what to do?
Hi there. I'm in England, 36 yrs old. Lost my job and I'm really struggling to find a new one that's within my skillset in tech. I have 200k+ savings invested in low risk shares, 80k left on mortgage (I pay 1.3k per month at 1.44%, term runs out in 1 year). Have an unemployed partner that's also struggling to find work, and infant.
I was wondering if anyone could advise on what's the best course of action in this situation. I feel like I haven't got the courage to start my own business. Is there any other use I can make from my capital make it last longer or eliminate my need to have a job? Also, should I completely pay off my mortgage? That would be one less stress. Much love and best wishes.
u/GambleToZero — 11 hours ago