I tried to get that three months of pay built back up in the bank. I probably need more the way this economy is looking.
I stopped contributing to my 401K in June. I won't start back up again until the economy comes back - or at least until 2009. I'll save my money post-tax, and lose the advantage of pre-tax savings, but hey, at least i know it will be there if I go looking for it....
I now have a budget.
I am thinking seriously about starting to take the train to work and saving on gas costs...and the cost to pay for monthly parking at my work location, which is roughly 100 per month (plus the 150-200 that i pay every month for gas).
i am trying to pick up a foreclosure downtown (where the market is still somewhat booming), put it right back on the market and let it sit while a close relative lives in it and pays the mortgage. then whenever it sells, cut my relative in and pay off some student loans. we'll see. b/c paying 200 extra per month does nothing for lawschool student loan debt (esp when you have graduate degee debt too).
those are my strategies.
SC
Quote:
Originally Posted by Little32
So how are people thinking about weathering this storm? What are your strategies?
|
Threaded Mode
