edit: we own our house so there is no fear of that.
A very, very, very long time.
If one of us lost our job we would be fine. Even if we lost both we still wouldn't lose our home. My husband's VA disability makes our mortgage payment.
We are pretty much paycheck to paycheck. Our families would never allow us to be completely homeless. We would have a place to go and a food to eat untill we got on our feet again.
4 years with no paychecks/no income at all... but no vacations, luxaries, etc. just the basics.
but we would NEVER wait that long to start sending out resumes... the minute his company were to ever go under, he would be out networking... but he would know at least a year before if his company ever went under... so it wouldnt be much of a problem...
last year he thought the company was going under... he was offered 6 positions by competing companies... but his company dumped the old investors and new ones are on board, and they are profiting better than ever...
Forever, we wouldnt loose our home... no rent, no mortgage.
6 months spending like we do now. Probably 10 if we really went to bare necessities.
Connect with CafeMom:
Switch to Mobile Site
Getting Started Guide
Frequently Asked Questions
Part of the CafeMom family
© 2014 CMI Marketing, Inc. All rights reserved.
Already Joined? LOG IN