How long can we hang on…
My husband and I sat down with sharpened pencils and sketched out a plan of action. We would have sketched this out earlier but we just received the unemployment numbers on Friday.
The big question…
How long can we hold on without my husband’s job?
Our initial numbers (without unemployment benefits) put us at 8 weeks. Our reductions to debt paired with our cash in savings and unemployment benefits put us at…
9 months.
Had this happened before we had taken control… had this happened before we made the decision to live below our means and reduce debt… we would have made it through a month, maybe two tops.
But now, we’re looking at 9 safe months. 9 months to find a job before things get hairy. Sure we won’t make progress other than minimums and we certainly won’t eat anything other than Ramen noodles but, we can hold on.
I have four words to say –
Thank. You. Dave. Ramsey.
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Filed under: Finance, Money Saving Ideas
