Chat

7455 readers

16 users here now

Relaxed section for discussion and debate that doesn't fit anywhere else. Whether it's advice, how your week is going, a link that's at the back of your mind, or something like that, it can likely go here.

Subcommunities on Beehaw:

AskBeehaw

This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

founded 1 year ago

MODERATORS

[email protected]

For the Love of Everything, Please Keep 3-6 Months Worth of Money for an Emergency Fund (If You Can) (beehaw.org)

submitted 10 months ago by [email protected] to c/[email protected]

11 comments fedilink hide all child comments

I left my job about two months ago, and I applied for unemployment immediately. I got a new job today, but I STILL haven't gotten my unemployment decision. Additionally, my food stamp application was delayed due to personal circumstances. In short, had I not had money saved for an emergency, I would have been mega-screwed.

I know some people are not in a position where they have the luxury of storing away significant amounts of cash but, if you are, I beg of you to do so if you aren't already. I can't imagine what position I'd be in right now if not for my budgeting.

Thanks for coming to my TED Talk.

PS. I posted this here instead of in c/finance because the sidebar there specifies that it's supposed to be for finance-related news.

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 2 points 10 months ago (1 children)

LOL yea sure I can't even fucking pay for food right now but I'll just casually save up thousands of dollars.

I know you said "if you can" but bro most people literally fucking can't.

[–] [email protected] 1 points 10 months ago

Same here, my friend. I have a feeling that anyone who can is already doing so, or at least have a second car or something they can sell if times get hard. Most of us don't have shit to fall back on.