Andrew, 35, Oregon
Employment standing: I work within the service trade — enterprise eating, to be extra particular. I used to be positioned on furlough as of June 1, with our employer choosing up well being care premiums by way of the tip of August, in case you are on their plans. Luckily, I’m on my spouse’s plan which not solely is healthier than any supplied by my firm, it is cheaper. We haven’t got a return date — I’m hoping it will not be greater than 90 days however I’ve a foul feeling will probably be for much longer.
Annual earnings earlier than the pandemic: $80,000 base + 8–10% bonus
Current earnings: TBD
Monthly housing prices: $3,000 for mortgage, taxes, and silly fucking curiosity
Debt: $26,000 scholar loans, $3,500 bank card debt, $445,000 mortgage
Groceries (month-to-month): A fuck ton now! Normally I get free espresso and meals at work (all day!). With each me and my spouse working from house and consuming all meals right here, we have now doubled our meals spending.
Utilities: $400 to $500. Depends on how a lot we spend on working the A/C.
Entertainment ((*9*)/Spotify): (*9*), Starz (terrible! Tried to cancel and roped me in to staying for .99/month, which was intelligent and clearly I’m not the one one), Comcast is the worst and spend $250/month, cellphones are $175/month vs. $235 2 months in the past, Xbox Live $50/yr, different streaming providers ~$10/month.
Are you spending kind of proper now? Less proper now. Saving on gasoline, automobile insurance coverage (not a lot, assholes), lowered cellphone knowledge plans, and so forth., all in all we’re saving cash ’trigger we aren’t spending tons of at Target on ineffective bullshit 😃 My spouse’s job is robust and her firm is posting file gross sales not too long ago regardless that retail shops are closed and shifting their enterprise mannequin to extra dot-com.
Biggest monetary concern proper now: My spouse and I’ve labored very exhausting to scale back debt, enhance financial savings and be fiscally accountable. We have $20,000+ in financial savings, I’ve 145 hours of trip / PTO, my spouse can be getting her bonus in August. I’m hoping this pandemic does not eat into it however that could be a small sacrifice to pay given the present local weather. I’m ready anxiously to listen to if advantages can be prolonged previous the tip of July — the restaurant trade is totally screwed. Every week we see one other well-known restaurant, restaurant group or high-profile chef say they’re completely closing their enterprise. What are all of those trade employees going to do?
