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 selecting up well being care premiums by means of the top of August, in case you are on their plans. Fortunately, I’m on my spouse’s plan which not solely is healthier than any supplied by my firm, it is cheaper. We do not have a return date — I am hoping it will not be greater than 90 days however I’ve a foul feeling it will likely be for much longer.
Annual revenue earlier than the pandemic: $80,000 base + 8–10% bonus
Present revenue: TBD
Month-to-month 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! Usually 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’ve got doubled our meals spending.
Utilities: $400 to $500. Is dependent upon how a lot we spend on working the A/C.
Leisure (Netflix/Spotify): Netflix, 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 Stay $50/12 months, different streaming companies ~$10/month.
Are you spending kind of proper now? Much less proper now. Saving on fuel, 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 lots of at Goal on ineffective bullshit 😃 My spouse’s job is robust and her firm is posting file gross sales lately regardless that retail shops are closed and shifting their enterprise mannequin to extra dot-com.
Largest monetary concern proper now: My spouse and I’ve labored very exhausting to scale back debt, improve financial savings and be fiscally accountable. We have now $20,000+ in financial savings, I’ve 145 hours of trip / PTO, my spouse will likely be getting her bonus in August. I am hoping this pandemic does not eat into it however that may be a small sacrifice to pay given the present local weather. I’m ready anxiously to listen to if advantages will likely be prolonged previous the top of July — the restaurant trade is totally screwed. Each 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 staff going to do?
