Anonymous
01/19/2015 10:34
Subject: Can I afford to take 6 months off?
How about a one-week staycation instead? I understand needing a break but you don't have financial breathing room.
Anonymous
01/18/2015 16:08
Subject: Can I afford to take 6 months off?
OP, perhaps you should look into changing jobs or careers if it isn't working out, but taking a break from work is not an option.
Anonymous
01/18/2015 09:07
Subject: Re:Can I afford to take 6 months off?
Anonymous wrote:I totally get your desire to take a break but TRUST ME, you will be more worried and end up with zero relaxation if you choose that route. You may not realize it but being a single mom having a nice job of 80k is a hugely relaxing thing in itself. Just try to adjust your perspective and good luck!
such a good answer.
Anonymous
01/17/2015 21:20
Subject: Can I afford to take 6 months off?
Anonymous wrote:Anonymous wrote:Anonymous wrote:What if I sell my house?
...and everything I own???
But..... why?
Oh good lord, some of you are SO gullible.
Anonymous
01/15/2015 07:55
Subject: Can I afford to take 6 months off?
OP, I don't think you would need to save the huge amounts that the PPs are suggesting, (no, you wouldn'tneed 500k to take some time off) but -- you simply don't have enough. You owe on credit cards and a heloc, and you have a very very small savings account. You will be one trip to the ER away from bankruptcy and losing your house. Seriously. Things happen just that fast.
You need more of a cushion. Pay off your debts and save 6 months worth of expenses first. If you make $80k and have barely any savings yet, you need to take a hard look at your budgeting.
You need more of a cushion. Pay off your debts and save 6 months worth of expenses first. If you make $80k and have barely any savings yet, you need to take a hard look at your budgeting.
Anonymous
01/14/2015 15:07
Subject: Can I afford to take 6 months off?
How will you pay the mortgage?
None of us want to work, it's just something you do. Do it for your kid.
None of us want to work, it's just something you do. Do it for your kid.
Anonymous
01/14/2015 15:04
Subject: Can I afford to take 6 months off?
Op has got to be under 30
Anonymous
01/14/2015 12:00
Subject: Re:Can I afford to take 6 months off?
Are you really young OP ? The way you are trying to make huge life changes on 3k is just amazing. And with a child?
Anonymous
01/14/2015 09:38
Subject: Can I afford to take 6 months off?
Anonymous wrote:Anonymous wrote:Anonymous wrote:What if I sell my house?
...and everything I own???
But..... why?
then where will you live? not sure I understand the plan!
Anonymous
01/14/2015 09:32
Subject: Can I afford to take 6 months off?
Anonymous wrote:Anonymous wrote:What if I sell my house?
...and everything I own???
But..... why?
Anonymous
01/13/2015 20:20
Subject: Can I afford to take 6 months off?
Anonymous wrote:What if I sell my house?
...and everything I own???
Anonymous
01/13/2015 11:21
Subject: Can I afford to take 6 months off?
No way!!
You make have 80k, have a pretty low mortgage payment for around here, but you have managed to save very little and you even have credit card debt. You are not in a place where you can do this, at all. DH makes 68k, I'm not working right now and we have 2 kids yet we are in much, much better shape than you.
If you are real, and you really are that sick of your job, then what makes you think the next one, if you get one, will be any better? What will this six months really accomplish?
If you are really sick of being on the treadmill, I don't blame you. However, you have to be willing to make some MAJOR changes in your life if you want to get out.
It's possible for you to sell your house and your car and take all that equity and plug it into a much cheaper house in another part of the country that you would be able to afford mortgage free. You might be able to downsize your car or get rid of a car completely. You don't really need 80k to live on, especially if you own your home outright. It is possible to live much more cheaply than you do, but it doesn't look like you are willing or able to do it.
Challenge yourself to live very frugally for a while... like Mr. Money Mustache frugal. After a year, see how you've done. Then decide if you want to pick up and leave.
You make have 80k, have a pretty low mortgage payment for around here, but you have managed to save very little and you even have credit card debt. You are not in a place where you can do this, at all. DH makes 68k, I'm not working right now and we have 2 kids yet we are in much, much better shape than you.
If you are real, and you really are that sick of your job, then what makes you think the next one, if you get one, will be any better? What will this six months really accomplish?
If you are really sick of being on the treadmill, I don't blame you. However, you have to be willing to make some MAJOR changes in your life if you want to get out.
It's possible for you to sell your house and your car and take all that equity and plug it into a much cheaper house in another part of the country that you would be able to afford mortgage free. You might be able to downsize your car or get rid of a car completely. You don't really need 80k to live on, especially if you own your home outright. It is possible to live much more cheaply than you do, but it doesn't look like you are willing or able to do it.
Challenge yourself to live very frugally for a while... like Mr. Money Mustache frugal. After a year, see how you've done. Then decide if you want to pick up and leave.
Anonymous
01/13/2015 10:41
Subject: Can I afford to take 6 months off?
Anonymous wrote:Retirement savings poor.
-OP
define "poor" - do you have any?
are you still considering taking time off from the job or has this thread convinced you not to?
Anonymous
01/13/2015 08:46
Subject: Re:Can I afford to take 6 months off?
NO WAY!!