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If you live a debt free lifestyle, you will not worry about this as much. If I got laid off tomorrow, I would look forward to spending more time with my family
by loonster 4y ago
If you live a debt free lifestyle, you will not worry about this as much.
If I got laid off tomorrow, I would look forward to spending more time with my family.
- noam_compsci 4y agoAre you mortgage free or is your assumption that cash / partner income will buffer that for the short term.
- loonster 4y agoI am completely debt free. My partner does not work. My cash reserves would provide a very good buffer and allow me to take over a year off mostly stress free. After that, I could support my family with a typical low skill job. Getting even a part time job would greatly extend the reserves. The big wild card is inflation. Inflation really screws over the lower income.