Anonymous
Post 01/11/2015 20:48     Subject: Can I afford to take 6 months off?
Whoa, whoa whoa. Not a good idea with only $3,000 in savings. What is your plan for how to pay the bills?! You said get another job, but...
Anonymous
Post 01/11/2015 20:47     Subject: Can I afford to take 6 months off?
You are cuh-razy. No way.

How much equity do you have in your house? And that is an awful plan too, and the last thing you want to be doing is trying to find a rental while unemployed.
Anonymous
Post 01/11/2015 20:45     Subject: Can I afford to take 6 months off?
What???? You only have 3000 in savings. Wtf? No you cannot afford it !
Anonymous
Post 01/11/2015 20:43     Subject: Can I afford to take 6 months off?
You must be a white female and fairly attractive.
Anonymous
Post 01/11/2015 20:40     Subject: Can I afford to take 6 months off?
What if I sell my house?
Anonymous
Post 01/11/2015 20:40     Subject: Can I afford to take 6 months off?
How are you going to pay 6 months of mortgage with 3,000 in savings? I'm bad at math, but I don't see how this is going to work.
Anonymous
Post 01/11/2015 20:40     Subject: Can I afford to take 6 months off?
No way. You have no cushion and not even enough to make the bills for three months, let alone six.
Anonymous
Post 01/11/2015 20:38     Subject: Can I afford to take 6 months off?
You have very little in savings and a mortgage, car, insurance, utilities, food and other expenses and already have credit card debt. How do you plan to pay the bills if you are living month to month now?
Anonymous
Post 01/11/2015 20:38     Subject: Can I afford to take 6 months off?
Anonymous wrote:
Anonymous wrote:Are you missing a 0 or two in your savings amount?


+1 or possibly two zeros?


I wish! If I did I wouldn't have to post here for advice though!
Anonymous
Post 01/11/2015 20:38     Subject: Can I afford to take 6 months off?
Um NO!!!!!!!
Anonymous
Post 01/11/2015 20:37     Subject: Can I afford to take 6 months off?
Anonymous wrote:Are you missing a 0 or two in your savings amount?


+1 or possibly two zeros?
Anonymous
Post 01/11/2015 20:36     Subject: Can I afford to take 6 months off?
Are you missing a 0 or two in your savings amount?
Anonymous
Post 01/11/2015 20:36     Subject: Re:Can I afford to take 6 months off?
what is your job that it's so easy to get a new job?
Anonymous
Post 01/11/2015 20:36     Subject: Can I afford to take 6 months off?
no way I would give up an 80k job with any debt unless I had a rock solid business plan, or mega savings or investments to fall back upon. Suze Orman would say no.

that said, i get it. i really do.
Anonymous
Post 01/11/2015 20:34     Subject: Can I afford to take 6 months off?
Single parent, one child in public school. In my field I can easily get another job. I'm considering taking a hiatus for the rest of the year or resigning in the spring and starting work again in the fall. The why is not really relevant but I'm wondering if I can manage financially.

I have about $3000 in savings
Mortgage is $1200
Utilities approx.$200
Cell, cable, Internet $150
Car $250
Life insurance $30
Credit card debt is about $6000
Home eq loan is $11,000
No student loans


I could earn money intermittently through tutoring or subbing or dog walking, I needed. Maybe get a part time job at the gym.
I just need a break! Job is fine and pays about $80,000. If I resign and get another job I could make that but I might not.

While on my break I could try to start my other business ideas.

Think it's worth a shot?