tag:blogger.com,1999:blog-8824441942893023866.post4300167695173060656..comments2023-08-10T04:20:47.478-07:00Comments on Shtinkykat's PF Blog: State of My Emergency FundShtinkykathttp://www.blogger.com/profile/13463418160441246011noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-8824441942893023866.post-37203052756334631062009-03-14T02:38:00.000-07:002009-03-14T02:38:00.000-07:00Avoid Japan and China during the last week of Apr ...Avoid Japan and China during the last week of Apr (Japan) and first week of May (China). It is when everyone goes on Golden Week (holiday) and everything is expensive. I will be travelling during that time and it costed me a pretty penny. I will be staying at the Westin for 5 days for $1600 per person.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8824441942893023866.post-51010961000529686382009-03-12T18:26:00.000-07:002009-03-12T18:26:00.000-07:00I was laid off in October and in December received...I was laid off in October and in December received a bonus from my old company which is still actively laying off a person or two a week (and is down to less than 1/3 of the people they used to have). I think they give out bonuses because it gives them a break on taxes but I'm not sure exactly how it works.<BR/><BR/>Don't forget that severence can be negotiated, I was able to get an extra week beyond what they wanted to give me with almost no resistance. I also got them to agree to cover my health insurance through the end of the month.<BR/><BR/>I don't know what state you are in but I get much more than $475 a month (I am in the state with the highest benefits) I moved in with family to save more money and so I haven't had to dip into my emergency fund yet.<BR/><BR/>You also may be able to work a part-time night/weekend job to supplement your unemployment while still leaving days open to look for a job, interview and network.<BR/><BR/>Good luck! I wish you the best and hope you are able to keep your job. It's really not fun being unemployed beyond the first week.<BR/>Sorry about the long comment but I hope there are helpful things somewhere in it for you.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8824441942893023866.post-68098255590846270412009-03-12T17:38:00.000-07:002009-03-12T17:38:00.000-07:00That really isn't a bad amount at all! I would lo...That really isn't a bad amount at all! I would love to get up to atleast one month for us... but little things first - we need to get to 1k ;) I am wondering this though... should you have an ef (with a value greater then $1k) like say a few months of expenses before you really working on paying off debt?jpkittiehttps://www.blogger.com/profile/16042638265207370788noreply@blogger.comtag:blogger.com,1999:blog-8824441942893023866.post-17559421956654408332009-03-12T17:17:00.000-07:002009-03-12T17:17:00.000-07:00Do you know what kind of package you would get for...Do you know what kind of package you would get for being laid off?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8824441942893023866.post-11907345960427422292009-03-12T12:32:00.000-07:002009-03-12T12:32:00.000-07:00You are not in that bad of shape, you'll get unemp...You are not in that bad of shape, you'll get unemployment if/when you get laid off. I take it you can go without health insurance or cobra in the meantime? Some people can't and it's one of the biggest expenses to hit the unemployed. They just raised the max unemployment slightly so you would get $475/week or ~$1900/mo. So you'd only burn $825/mo of your own money and that stretches you out to at least 7-8 months.Miss Mhttps://www.blogger.com/profile/15926161058644761041noreply@blogger.comtag:blogger.com,1999:blog-8824441942893023866.post-44146657808484931472009-03-12T10:50:00.000-07:002009-03-12T10:50:00.000-07:00I would make it about 2 weeks with my e-fund. I h...I would make it about 2 weeks with my e-fund. I hope I still have a job this year!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8824441942893023866.post-3142567350344110572009-03-12T10:26:00.000-07:002009-03-12T10:26:00.000-07:00Still, that's a lot better off than many, many...Still, that's a lot better off than many, many people in this economy. And if you're laid off, you'll get unemployment & severance to help offset your living expenses as well.<BR/><BR/>I'd also drop the cable/internet/phone and find the nearest library with an internet connection.<BR/><BR/>It's weird that they're giving out bonuses if they're also planning on having layoffs, though...Sarahhttps://www.blogger.com/profile/12810680437939153508noreply@blogger.comtag:blogger.com,1999:blog-8824441942893023866.post-57358149520354907412009-03-12T08:33:00.000-07:002009-03-12T08:33:00.000-07:00Hey thanks for sharing this. I've totally failed ...Hey thanks for sharing this. I've totally failed at accumulating much of an Emergency Fund so I'm feeling a lot of pressure right now. I hope everything works out for you.Sallie's Niecehttps://www.blogger.com/profile/03662769521869035227noreply@blogger.comtag:blogger.com,1999:blog-8824441942893023866.post-45961095391757672392009-03-12T08:22:00.000-07:002009-03-12T08:22:00.000-07:00Hi there-thats not bad going at all, I seriously n...Hi there-thats not bad going at all, I seriously need to replenish mine........Sharon Shttps://www.blogger.com/profile/15792904322725966887noreply@blogger.com