So around two and a half months ago, I abruptly lost my job. I am, admittedly, in a field where it is not too difficult to find a job so I didn't panic but it was stressful for me and my wife. But, thanks to the advice on here and the work we have done to manage our finances, it wasn't as traumatic as it could have been.
First, we had been budgeting and saving and living frugally for the past few years. Because of this, we were able to live off of my wife's income and the unemployment I was receiving without too much of a lifestyle change.
Second, while I started a new job this week, I will not get paid until the 15th. Although we only had about $2500 in savings in our emergency fund, during this first week of my job, we incurred a few large veterinary bills totaling close to $1000, which was frustrating, but we paid them while staying debt free and didn't have to worry about being able to pay bills.
Just a good success story from even having a small emergency fund and a solid budget. Thanks /r/personalfinance !
Submitted December 02, 2017 at 09:43AM by frank_abernathy http://ift.tt/2j9e8Y9
