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Money and Finances
Reply to "handling finances when you're between jobs"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]OP, not counting your rental you spend $10,500 a month. How come you spend so much? I can’t imagine the things you are planning to cut amount to more than $1k. What are the big items? Do you have a big primary mortgage? A large car payment? Hire a nanny? Regarding your rental, how much equity do you have in it? 100k? Keep it, you are getting good returns. 300k? You can do better with CDs Regarding 401k, like many said reduce it to the match amount. It is free money that you want to get for as long as possible. [/quote] It is a huge amount of money to spend each month. You've been doing something wrong for a long time OP.[/quote] oP was the primary breadwinner. They could easily afford the $10.5k with her salary added in (it was way more than the $4k from her spouse) What they were doing wrong was not having a fully funded emergency plan. But no issues with using both salaries to live on. Life happens, and ef would help[/quote]
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