My first Job at the govt workers decided to force a merger on us or shut is down. Our choice was fire 18,000 people or layoff 6,000 the regulators seemed giddy and comments like should have worked for us we have job security. I saw them shut down Drexel a few years later at 60 Broad street with a stunned building of unemployed people no severance, they padlocked my friends Japanese bank, bankrupted friends company when they did not get FDA approval and in 2008 shutdowns down companies like crazy and were dancing in delight. So what if a million people lost their jobs who cares.

Now they want people to be sympathetic, we are not. Feds are the mafia stealing and taking their cut and the house always wins.

I support military, air traffic controllers even guy who mows the lawn at the national monument. But the crooked folks sitting at home nothing collecting big paychecks should all be fired no severance. Like Lehman Brothers.

Only a 3 months savings with no kids? Wow that's nothing. You need to do better too.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Oh and if we use our emergency savings then what happens if there is an emergency? We are both working without pay. It is very stressful there is no end in sight. So as mentioned several times in this thread stop worrying about other peoples’ money and have some compassion. There is no end in sight. Shocker most people don’t work for free and have indefinite savings, even those smug ones in the private sector. For what it’s worth in 2013 my student loans were $900 a month. Paid off now and replaced by tuition and college savings and medical bills.

This doesn't make any sense. If you cant use your emergency fund when you lose your pay, then... its not an emergency fund. If it cant cover your monthly expenses, including surprise expense, then its not a big enough emergency fund. So you are someone who doesn't have an emergency fund.

And yes, I do judge that. It’s a basic tenant of being an adult. All of your bills means you need a higher savings fund. That isnt anyone elses fault but your own.

You’re a bit stupid, right?

The word you wanted was “tenet.”

A tenant is a person who rents property.

And no, that wasn’t a autocorrect or typo. You just used the incorrect word.

Because you are bloody stupid.

I used the wrong word, but I am smart enough to have savings and have never lived paycheck to paycheck, so Ill take that over your auto correct skills!

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Oh and if we use our emergency savings then what happens if there is an emergency? We are both working without pay. It is very stressful there is no end in sight. So as mentioned several times in this thread stop worrying about other peoples’ money and have some compassion. There is no end in sight. Shocker most people don’t work for free and have indefinite savings, even those smug ones in the private sector. For what it’s worth in 2013 my student loans were $900 a month. Paid off now and replaced by tuition and college savings and medical bills.

This doesn't make any sense. If you cant use your emergency fund when you lose your pay, then... its not an emergency fund. If it cant cover your monthly expenses, including surprise expense, then its not a big enough emergency fund. So you are someone who doesn't have an emergency fund.

And yes, I do judge that. Its a basic tenant of being an adult. All of your bills means you need a higher savings fund. That isnt anyone elses fault but your own.

NP.. you are cruel. Go on and get off and internet and back to work since you’re such an established adult who sees fit to judge others.

No adult is fit to judge others. Put the phone down and touch grass.

NP and this is an irrationally silly statement.
Discernment is key to making sound decisions.
That you or anyone else feels “condemned” by this judgement is an unfortunate side effect. But yes adults are absolutely “fit” to take in information and make a judgment about it based on that information.
And the information provided is that some people do not save sufficiently for a rainy day, and they are not set up to weather the storm.
There are arguably many reasons for this (some are sympathetic reasons like taking care of a sick relative or medical emergency and some are simply living beyond means or overcommitting a percentage of income to higher-than-income-can-afford rental housing or mortgage). But to say an adult’s not fit to “judge” a situation and form an opinion based on that is just counter to humanity.

Should we share that “judgement” with others?—probably not if it isn’t helpful.

This makes sense.

Anonymous wrote:

Anonymous wrote:My guess is 2 big expenses
-housing
-student loans
J
And lack of generational wealth. Granny didn’t leave a nest egg.

People who became Feds largely come from LMC and working class backgrounds, they were drawn to the stability after generations of plant closures and layoffs and hard times.

And now that's being taken away.

Anonymous wrote:My guess is 2 big expenses
-housing
-student loans

And lack of generational wealth. Granny didn’t leave a nest egg.

This.

Most feds i know who are single live with a roommate to share expenses. Most also have student loans, plus car loans, and do not come from money - which is why they have student loans and car loans and a roommate.

My DH and I bought a SFH far out where most dcum posters would refuse to live, in a not good school district, and it was our third house (first in the DC area) so we had equity to put down.

No new feds are going out and buying a SFH or even a condo in this area without family help or a higher earning partner. After saving, and by sharing expenses with a roommate, usually people are able to buy something within about 10 years.

Anonymous wrote:My guess is 2 big expenses
-housing
-student loans
J
And lack of generational wealth. Granny didn’t leave a nest egg.

People who became Feds largely come from LMC and working class backgrounds, they were drawn to the stability after generations of plant closures and layoffs and hard times.

Anonymous wrote:Govt workers not the brightest bulbs in the pack, nor motivated. They had zero motivation to save, invest, etc because they thought the "well would never dry out". Dealing with reality like the rest of us I guess.

How much money do you make year in the DC metro pp?

Anonymous wrote:

Anonymous wrote:What you don’t get is that in high cost areas $100k a year means scraping by. This has been discussed ad nauseum on various threads. If you live in Kansas, $100k is great. In DC or any other places with a high cost of living, you can’t support a family on it at all. If you are single, that $100k after taxes isn’t enough to cover housing and food expenses.

This is just wildly untrue. If you sre scraping by on $100K, in DC, you are making or previously made poor choices. For sure you can't have everything. But you should not be living paycheck to paycheck.

On that salary you need to find housing around $2500, which can be done with moving farther, getting a roommate, looking for a good deal. That leaves you still 60% of your check. Save half of that (about $2000 rough math, majority should go in retirement the rest in cash savings). Use whatever remains on your food and entertainment (roughly $2000). If one month an unexpected expense arises, save less than half. If you have other loans, you'll be saving or spending less until those loans are paid.

There are no “good deals”. That’s the problem.

My guess is 2 big expenses
-housing
-student loans

And lack of generational wealth. Granny didn’t leave a nest egg.

Anonymous wrote:Well, my DH is a GS-15 and I work for a nonprofit. We cannot afford for my DH to not get paid. I don't think we live extravagantly but somehow cannot save much. Due to some unexpected expenses lately, we have only $2k in savings. We have 2 kids in elementary school. We cannot afford this at all.

"Somehow"? Lol, ok.

Anonymous wrote:Here you go MAGA MORONS
Bessent: "No kings equals no paychecks"

The Constitution of the US says "protests" are allowed.

Scew every single one of you on this thread that voted in this utter treason.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Oh and if we use our emergency savings then what happens if there is an emergency? We are both working without pay. It is very stressful there is no end in sight. So as mentioned several times in this thread stop worrying about other peoples’ money and have some compassion. There is no end in sight. Shocker most people don’t work for free and have indefinite savings, even those smug ones in the private sector. For what it’s worth in 2013 my student loans were $900 a month. Paid off now and replaced by tuition and college savings and medical bills.

This doesn't make any sense. If you cant use your emergency fund when you lose your pay, then... its not an emergency fund. If it cant cover your monthly expenses, including surprise expense, then its not a big enough emergency fund. So you are someone who doesn't have an emergency fund.

And yes, I do judge that. Its a basic tenant of being an adult. All of your bills means you need a higher savings fund. That isnt anyone elses fault but your own.

NP.. you are cruel. Go on and get off and internet and back to work since you’re such an established adult who sees fit to judge others.

No adult is fit to judge others. Put the phone down and touch grass.

NP and this is an irrationally silly statement.
Discernment is key to making sound decisions.
That you or anyone else feels “condemned” by this judgement is an unfortunate side effect. But yes adults are absolutely “fit” to take in information and make a judgment about it based on that information.
And the information provided is that some people do not save sufficiently for a rainy day, and they are not set up to weather the storm.
There are arguably many reasons for this (some are sympathetic reasons like taking care of a sick relative or medical emergency and some are simply living beyond means or overcommitting a percentage of income to higher-than-income-can-afford rental housing or mortgage). But to say an adult’s not fit to “judge” a situation and form an opinion based on that is just counter to humanity.

Should we share that “judgement” with others?—probably not if it isn’t helpful.

Why are people saying it’s 2-3 weeks of no payment? At minimum, it is missing two paychecks, right?

Here you go MAGA MORONS
Bessent: "No kings equals no paychecks"

The Constitution of the US says "protests" are allowed.

Scew every single one of you on this thread that voted in this utter treason.