Mimi… On a Budget?

Mimi ON Jun 21, 2011 AT 11:37 am

The word ‘budget‘ is a dirty word here at BATD, you say budget – I instantly think of the moment on Will & Grace (RIP) when millionaire Karen was put on a budget:

KAREN: He actually expects me to live… on this! [KAREN GIVES GRACE A PIECE OF PAPER.]

GRACE: [SIGHS] Karen, I think you can learn to live on this. I mean, Spain does, so…

KAREN: Grace, they wear tires on their feet! I wear Manolo Blahniks.

However living on a budget is a reality for most people and, whether you live comfortably or not, it could be your reality too. Did you know that over 1,000,000 UK workers get ill or injured each year with 350,000 of those being long-term?

Mimi's taking the challenge!

The majority of us believe that the State would support us if we were unable to work due to illness or injury. But the reality is that the State benefit, the Employment and Support Allowance (ESA), which kicks in six months after sick leave begins, only pays around £5,000 a year (around £95 a week) for most people.

So, with that in mind, the fine folks at UNUM (the UK’s leading provider of Income Protection) have challenged Mimi to live her life on just £95 a week.

What does Income Protection from UNUM do? Income Protection is an insurance which pays up to 80% of your salary if you become unable to work due to illness or injury. This usually starts after six months of absence, and continues to pay out until you return to work or retire

Since I don’t have Income Protection from UNUM (yet!), that £95 will have to cover food, water and travel as well as nights out because – lets face it – you can’t keep Mimi locked away at home for a week! Stay tuned this week to see how I get on.

NB: This is a sponsored post! Produced for Beauty and the Dirt by Mimi to a brief agreed with Unum. Payment made by Unum restricted to ESA allowance only. All editorial overseen and controlled by Mimi.

 

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