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I'll preface this with I'm not completely clueless.. just a little in shock and borderline panic. My wife lost her job Tuesday so now we're relying on just my paycheck until she finds something. Things are already generally pretty tight and I know the time is now to skimp and pinch pennies.. but does anyone have any advice to give?

I bring home ~$550 per week and we have $1400 in our rainy day savings.

We have two children so 4 people total to provide for.

Our essential monthly bills are (in case anyone is interested):

$600 mortgage

$150 gas & electric

$700 student loans

$200 medical/dental

$65 phone

$200 insurance

$35 water

We pay $50/mo for internet but I understand that's expendable and we pay $960/mo for daycare though that will probably not be necessary if my wife is home.

Does anyone have any advice to give or even some calming words that can help in the coming weeks?



Submitted November 01, 2018 at 11:07AM by strra https://ift.tt/2RzvDjl

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