Anonymous wrote:Why has this thread already gone on four pages? OP is basically asking the following: “Is it OK to dip in to my $700K pile of cash to cover a $20K emergency?” The correct answer is, “No shit, Sherlock.”
Anonymous wrote:Anonymous wrote:Anonymous wrote:You have a million dollar house and no savings? Start driving uber.
Op here. $1.5 million, but yeah. We had savings but it’s been wiped out in the last few months.
So, you live in a $1.5 million dollar house and living pay check to pay check. Good luck with that. Sell the house and move into something 1/2 that. You are living over your means if one emergency wiped you out.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:You have a million dollar house and no savings? Start driving uber.
Op here. $1.5 million, but yeah. We had savings but it’s been wiped out in the last few months.
So, you live in a $1.5 million dollar house and living pay check to pay check. Good luck with that. Sell the house and move into something 1/2 that. You are living over your means if one emergency wiped you out.
Why are people so eager to be judgmental on DCUM? Just answer her question or stay quiet. She had reasons (medical and other) but those aren't your business.
OP has crapped on every suggestion made, no wonder why people are getting snarky.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:You have a million dollar house and no savings? Start driving uber.
Op here. $1.5 million, but yeah. We had savings but it’s been wiped out in the last few months.
So, you live in a $1.5 million dollar house and living pay check to pay check. Good luck with that. Sell the house and move into something 1/2 that. You are living over your means if one emergency wiped you out.
Why are people so eager to be judgmental on DCUM? Just answer her question or stay quiet. She had reasons (medical and other) but those aren't your business.
Anonymous wrote:Get a job. Any job. Simple.
Anonymous wrote:Anonymous wrote:I’d be knocking on target or Walmarts door so fast if I were in this situation and figuring out the loan at the wee hours of the morning. Ain’t no way!
Crazy. OP didn't say her income, but she did say it was over her husband's $120K. Let's say she makes $150K. You really think the best route for someone who is laid off from a $150K job is to run to a $38K job at Target??
Anonymous wrote:Get a job. Any job. Simple.
Anonymous wrote:I’d be knocking on target or Walmarts door so fast if I were in this situation and figuring out the loan at the wee hours of the morning. Ain’t no way!
Anonymous wrote:Anonymous wrote:Anonymous wrote:Can you or DH take a 401k loan or IRA distribution?
DH will get a pension so we can’t borrow against that![]()
My 401k doesn’t allow loans![]()
We don’t have IRAs I don’t think.
For the PP who said they hadn't seen this.
Anonymous wrote:Anonymous wrote:Anonymous wrote:You have a million dollar house and no savings? Start driving uber.
Op here. $1.5 million, but yeah. We had savings but it’s been wiped out in the last few months.
So, you live in a $1.5 million dollar house and living pay check to pay check. Good luck with that. Sell the house and move into something 1/2 that. You are living over your means if one emergency wiped you out.
Anonymous wrote:I’d be knocking on target or Walmarts door so fast if I were in this situation and figuring out the loan at the wee hours of the morning. Ain’t no way!
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:You have a million dollar house and no savings? Start driving uber.
Op here. $1.5 million, but yeah. We had savings but it’s been wiped out in the last few months.
So, you live in a $1.5 million dollar house and living pay check to pay check. Good luck with that. Sell the house and move into something 1/2 that. You are living over your means if one emergency wiped you out.
Op here. I mean, yeah we are house poor. But we bought our house in April 2020, got a screaming deal on it, and it was a fixer upper/foreclosure. Our interest rate is 2.25%. We poured our sweat equity and our hearts into it, our area absolutely exploded (even more than other places-like not even just our city but our specific neighborhood went completely bananas the last 3.5 years). We paid $800k, it’s worth $1.5 mil now.
We want to do whatever we can to hold onto the house because of the interest rate.
Nope. You need to sell your home and rent a way less expensive place.
No, selling a home with 2.5% interest rate is stupid.