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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]OP - right now $45 works out like this. I am getting $20 an hour unemployment. So actually $25 an hour. I am all in since live in MoCo so almost 30 percent tax bracket so like another $7 off. Plus payroll taxes. SS etc another buck off.

So making $17 an hour.

If job had medical would do it. Cobra and mortgage are my biggest expenses. If unemployment ran out would do it.

My bills are at point $17 does nothing. In fact if I wanted Obama care might also be an issue.

[b]I need around $145k to pay the bills. [/b]Remember that is taxable. But even at $145 can’t contribute much to 401k as need the income.

I think I can land a job soon. But to be honest it may be my last one. [/quote]

Why? This seems insanely high. Are you the primary breadwinner?[/quote]

[b]I have a stay at home wife [/b]and three kids, three cars and a mortgage. 
Right now living off 
$2,800 unemployment 
$1,500 rental income 
$2,000 interest income

But once unemployment runs out and cobra dies I am in trouble.

My wife wants me to land a good job, make it last 3-5 years and get rid of mortgage. I have two ok college right now but that was saved for already.

She is absolutely positively not going back to work ever if I am unemployed.

I am also screwed as can’t refinance or move with no income.

Am I crazy? I Can’t downsize as [b]youngest four years to HS graduation[/b] and can’t sell rental as I use that income. My town rents are sky high. I could not afford to rent my own house.

[/quote]

Earlier you said one of your expenses is childcare--but you have a SAH wife AND the youngest is in 8th/9th grade?   Why would you need childcare?

You can still downsize.
Why do you need 3 cars?  You don't.  Sell at least one.

Actually, you can sell 2.     You aren't working, your wife is "absolutely positively not going back to work"--there is no need to have multiple cars just sitting in a driveway.
One car to run errands/you to attend interviews is plenty. [/quote]

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