Reply to handling finances when you're between jobs

Forum Index » Money and Finances

Reply to "handling finances when you're between jobs"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][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]

Also, make sure the rent from your husband's house is covering the expenses from his house, otherwise it might be time to sell it.  You could use the windfall to bolster your savings until you can get your spending under your income.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics