Hi everyone, I'm not really sure what to do. I'm currently on paternity leave for my job, and theyve notified me of major changes within the company and yada yada, I'm laid off. I was making approximately 190k, and my wife makes 130k.
Our core expenses in New York are:
5500 mortgage
approximating some bills below from recent history:
winter months gas- 350 //summer months gas - 100
winter months elec - 200 // summer months elec - 450food/groceries/diapers/etc 1000
childcare 3000
car 400
car gas 75
Phone- 80
internet 100
edit: forgot student loans, 1200
Total = over 10k/mo
Now, childcare is out since I'm at home, so that helps and I did receive a small severance which can help us. We have about 8 months float at the moment.
My job career is such that it is a volatile role. Right now the market is such shit for finding something new, so I'm stressing on whether or not I will find something soon enough (not for lack of trying though). Also when I go back, childcare will come back, so that 3000 a month will have to also be covered again.
We JUST bought this house last year. We JUST moved in six weeks ago. It took so long to even get here. We GROSSLY overunderestimated childcare.
Even if I find a 150k role, I'm afraid it still wont be enough.
Do we have to sell our house?
Submitted March 06, 2024 at 11:02PM by Previous-Put-1901 https://ift.tt/AR2rtx0
