I changed careers last year and took a pretty substantial pay cut (but my health, stress, and family time is way better...I’m happier!). I made lots of changes to my budget (I don’t even have internet at home anymore!) but after a few emergencies, I’ve blown through all my savings over the last twelve months and am still coming up short now.
I sold a painting that gave me enough (about $4k) to do ONE of the following:
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I can pay a couple of pressing things, and then put the money in an emergency fund. This would be enough for 2-3 months of worst-case-scenario living (mortgage, utilities, etc).
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I can use it to pay off lots more (car, medical bills, small credit cards, etc) and free up enough monthly cash to be able to meet and keep a budget without going more into debt.
I have someone I trust pushing me towards option one, but I feel like 2 would give me the breathing room I need. Besides, if I keep coming up short each month, won’t my emergency fund be gone within a few months anyways??
Whatcha think?
Submitted October 09, 2018 at 08:28AM by alllowercaseyouknow https://ift.tt/2pHDfEi
