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Money and Finances
Reply to "handling finances when you're between jobs"
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[quote=Anonymous]Like many in the DC area I'm newly unemployed. I spent today going through our finances, and until I find another job, we're going to need about 5K / month just to break even. In looking at the numbers there just isn't a way for us to close the gap without moving, which I don't want to do at this point in time. Here's my list of things that will help close the gap: - Stop all house cleaning & gardening help and do it ourselves - Pulling the kids from summer camp the rest of the summer. (They're happy about this so don't feel sad for them) - DH can stop contributing to his 401K so we have extra cash coming in. (Is this a bad idea?) - Cancel our composting service and deal with it ourselves - Cut out all unnecessary spending on personal stuff (clothes, books etc) - Shave 20% of our grocery bill (no more prepared foods; buy bulk stuff online) - No dining out. (We did very little dining out anyway so we don't have much to gain here.) - Wind down charitable donations. (I feel crappy about this but I have a few recurring donations that are a couple hundred bucks a month that we could use right now.) The rest of the gap I can fill with savings for a while. What else am I missing?[/quote]
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