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Reply to "Lack of money today"
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[quote=Anonymous][quote=Anonymous]OP here---let's say I withdraw from the savings account. And then let's say DH loses his job. How does CS get paid? I certainly can't cover that from my income and cover all of our household expenses. That to me would be a true emergency. And in the given economy, there is no guarantee that anyone can find a job in 6 months. So yes, the money is sitting there. But it's not something I want to touch. In looking through the helpful posts, some people suggested I trim down on the current investments. This is something that I don't want to do, but I can wrap my brain around doing so for the next 2 years. Moving money from investment bucket to the use today bucket would fix my cash flow issue. [/quote] Translation: "I don't want to do anything! Please tell me what to do!" I say again, with what you have in savings, and with what you are saving additonally each month, if you can't figure how to free up some extra cash, you are too dense to be handling the money in your house. (Not as dense as the person who suggested stopping 401k contributions - but pretty damn dense.) Moreover, in light of your subsequent explanations, this comment: [quote]While 24 months is not a long time, it is when money is tight. We can make the monthly bills but there is no money for extras--like haircuts for the little kids or the ability to take them out for ice cream. We get hit with one little extra bill and the whole house of cards comes tumbling down for the month. I have some options that can fix this so I'm wondering what to do. [/quote]is so clueless it's almost offensive. It's actually hard to comprehend. Things are not tight. They're not even snug. You sound like one of those classic posters: "We have an HHI of $360,000, but we're not rich! We have to pay three private school tuitions, and the mortgage on our $1.3m house! There's barely enough left over each month to go on my twice weekly Whole Foods shopping trip and to fill up the 5 yo Lexus!" Idiot. [/quote]
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