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Money and Finances
Reply to "handling finances when you're between jobs"
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[quote=Anonymous][quote=Anonymous]How much do you spend? Where is your savings?[/quote] Our monthly expenses right now are 12K, and DH's current take home pay after 401K and HSA stuff is taken out is about $4500/month. We also get $2500 from renting out his house. I was the primary breadwinner, and 12K was reasonable based on what I was making. The 12K includes both mortgages, 401K contributions etc. No question we were spending too freely online and I'm actually happy to be putting the breaks on that. I have about 40K in savings account at a bank, and the rest is in index funds. Severance will last me through the end of September. I applied for unemployment. As for consulting, getting something part time etc, I will 100% do everything I can to make up some of the difference that way. But I want to get a solid handle on the financial piece first so I know what we're dealing with.[/quote]
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