If you make over a certain amount, THEN hit hard times, you're screwed. You don't get medicaid or medicare (don't know the difference) to cover the hospital bills and new prescriptions. You don't get foodstamps while you try and catch up. You get nothing. Oh? $45k/ year? You'll be fine!
No- not really. Our saving is getting eaten up to pay bills. It won't be long until we're broke. Sure, we're making cut backs- including getting rid of our 2nd vehicle. But that only goes so far. I've also been looking for a job every day and applying to the local ones (since we'll have to carpool)
Rent is still $955/mo. The places across the street are half of that- but we make too much to live there!
:-/ times can get tough for anyone, on any income. Middle class gets screwed.
****i mean no offense to those who are on it****
the $45k is after taxes. that INCLUDES the $6k-$8k bonuses. no, i do not budget in the bonuses- they go into savings, pay for things we need (registration/ inspection on vehicles, and work needs to be done, vet bills/ meds, medical bills,) and went towards xmas gifts this past year and med bills for the birth of my son.
until my dh was hospitalized (he's not anymore) we were fine. more than fine. but missed work, new medical bills, new prescriptions monthly (type 1 diabetic now- insulin dependednt), seeing a specialist every two weeks until we get a hold of his sugar, etc- it adds up. it was a huge set back and we still dont have all the bills. the savings was put in place for emergencies, and little extras here and there- but its quickly being used for bills, missed work, etc-
it will take us a while to catch up. we can do it i hope- i was just venting because so many people get help from the government just because they make a certain amount- yet the rest of us have to struggle to catch up. just because we make a certain amount it does not mean we wont be fucked when emergencies happen- kwim?
thank you for all the support and advice ladies- i really do appreciate it