Reply to S/O Feds: How many missed paychecks could you sustain?

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Reply to "S/O Feds: How many missed paychecks could you sustain?"

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[quote=Anonymous][quote=Anonymous]In the 2018-2019 35 day shutdown we didn’t have much savings and took advantage of the credit cards offering deferred payments and delayed mortgage payments. It was scary enough that we changed our behavior. The following month I started putting an extra few hundred dollars in an emergency savings account in case this ever happened again. Beyond our regular savings I now have an additional $20k in cash in my emergency shutdown account so we could last several months without any spending changes.[/quote]

I was prepared for the 2019 shutdown, due to my ill-preparedness in 2013. In 2013, I had just gone through my divorce the month before we were furloughed, was in a ton of debt because of it, and my kids were all still school-aged/in before and after. It was a nightmare getting through those days and the uncertainty of whether we would receive back pay. I vowed to never be stuck like that again.

I think the onboarding process for all new feds should include a module on furloughs, the reality, and financial preparedness. It happens too often for agencies to wait until the last minute to prep employees.[/quote]

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