By: Brittany
“Teacher’s have a large amount of free time compared to regular workers, think three months in the summer, a week at Easter, a week at Christmas, weekends free.” I’m guessing from your inability to...
View ArticleBy: Bethany
I don’t think it’s a lead pipe cinch that mortgage payments come before credit cards. It depends. If you are seriously underwater on your home, then I would pay the credit cards first. If you have a...
View ArticleBy: Shevy
Like many others, I think Trent’s response was actually the opposite of the calm, reasoned approach he presented it as. The bottom line, which no one else has addressed is that this happened...
View ArticleBy: J
@Shevy — When I went on interviews for the job I eventually landed (and I’m still at the same employer now), the “I stayed home and learned Perl/Linux/Apache/MySQL” story was a GREAT one to tell...
View ArticleBy: Sam
@J #16 – I never said they need argue over who spent what or bicker about anything. Eve said that the situation isn’t Susan or her husband’s fault because he was laid off. I’m saying it is their fault....
View ArticleBy: Evita
Trent, please show some kindness. A derogatory, haughty comment such as “Here’s the truth: both of you are to blame” to a panicky reader asking for help it not a nice thing to do. Does she really need...
View ArticleBy: J
@Sam — I’m very familiar with the purpose of the emergency fund, having kept and maintained one for some time. I have not carried a credit card balance in years. Sure they are at fault, in the end we...
View ArticleBy: christine a
@Valerie – I’ll second “Our thoughts are for a great rebound for this couple” @ Molly on Money – volunteering is a great idea – it means you still have practice in getting up with the alarm, you meet a...
View ArticleBy: Nicole
Seconding volunteering– one of my students has a research paper showing that volunteering increases the probability that resume will result in an interview. (Though the paper looks at entry-level...
View ArticleBy: DrFunZ
“Here’s the truth: both of you are to blame and it will take both of you to get out of it.” I am not so sure either person is “to blame”. Losing a job in this economy is usually not about the worker –...
View ArticleBy: jim
They should definitely get unemployment. And I agree the husband should not settle for minimum wage job right off the bat. BUT.. these people have nothing in savings and credit card debts. It is...
View ArticleBy: J
@Trent — it would be interesting if we could get an update on this in a month or two, to see how they are doing.
View ArticleBy: Claudia
“However, it is vital that you not “hold out” for a better job right now” This is good advice, yes, of course, you need to apply for unemployment, but don’t pass up a job that is in your field, but...
View ArticleBy: Stella
I totally agree with Nicole–applying for unemployment should be step one. There is usually a lag between applying and receiving your first check and when you’re trying to cover a mortgage, etc., every...
View ArticleBy: marie
Um, unemployment can be considered a government handout since the program is underfunded and the government steps in to make up the difference. So, yeah, it is a government handout.
View ArticleBy: Cyde Weys
I wouldn’t recommend canceling Internet and cell phone. Those are pretty essential for every day needs, let alone how useful they are for searching for jobs. If you’re looking for jobs online, which...
View ArticleBy: DiscoApu
#57 Marie and those talking about unemployment being a handout, please back with facts. Unemployment is under funded during “recession” economic times. It is also taxable. During boom times it actually...
View ArticleBy: Nicole
Marie– By that reasoning state workers also need to refuse their pension benefits. Those programs are WAY more underfunded than unemployment coffers. Tell all the teachers you know that their...
View ArticleBy: AnnJo
1. Susan may be able to adjust her tax withholding (W-4) to claim more exemptions, getting more money in her paycheck; 2. She may also be able to lower her retirement plan contributions. If...
View ArticleBy: Moneymonk
File unemployment, Between unemployment and her income that should be able to eat, pay utilities and the mortgage. The credit cards can take a hike until things get better. Remember, 85% of things we...
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