Shutdown: How long could you last?

[biggestal99]

About 3 months of regular living, 6 months under bare bones frugal living.

Allan

[Snow96]

@Gravityspeak

You are exactly right. We’ll get the “bootstraps” speech, the “make better $ decisions” speech, and the “I’m affluent” speech.

Making better $ decistions is a lot of it for people who live month to month. And you don’t have to be affluent to have a little nest egg to live off of if things go bad.

Here are examples of bad/good decisions. Look down at your cell phone: Do you have to have the lattest and greatest that is released every year dropping 700 to 1,000 dollars on a new one every year? Or do you look down and see a cell phone that is a couple years old and was under $200 when you bought it?

Look at the car you drive: Is it a brand new vehicle with all the bells and whistles (that you probably don’t use), and you know that in a couple years you’ll trade in for another new vehicle? Or do you look at your vehicle and see one that’s 10 years old (but mechanically sound) and know that you’ve still got 2 or 3 years in it before you buy another older but mechanically sound vehicle?

There are more example like this that you can find in everyday life. It’s really sad when you see a couple who make over double what you do (some friends of mine). When one of their “new cars” had mechanical issue not covered under warranty, they were trying to figure out how to come up with a thousand dollars to get it fixed.

[GWH]

And what is senator mcconnell?

[halfbaked]

I would appreciate you answering my questions before asking your own, please!

[Jezcoe]

@Snow96

@Gravityspeak

You are exactly right. We’ll get the “bootstraps” speech, the “make better $ decisions” speech, and the “I’m affluent” speech.

Making better $ decistions is a lot of it for people who live month to month. And you don’t have to be affluent to have a little nest egg to live off of if things go bad.

Here are examples of bad/good decisions. Look down at your cell phone: Do you have to have the lattest and greatest that is released every year dropping 700 to 1,000 dollars on a new one every year? Or do you look down and see a cell phone that is a couple years old and was under $200 when you bought it?

Look at the car you drive: Is it a brand new vehicle with all the bells and whistles (that you probably don’t use), and you know that in a couple years you’ll trade in for another new vehicle? Or do you look at your vehicle and see one that’s 10 years old (but mechanically sound) and know that you’ve still got 2 or 3 years in it before you buy another older but mechanically sound vehicle?

There are more example like this that you can find in everyday life. It’s really sad when you see a couple who make over double what you do (some friends of mine). When one of their “new cars” had mechanical issue not covered under warranty, they were trying to figure out how to come up with a thousand dollars to get it fixed.

I would like to refer you to my post.

I have spent a ton of money now to make more money in the future when I am no longer selling my labor.

Currently, 3/4 of the earning potential of that property is either tied up in improvements or gone because my “quasi military” tenants are forced to work without pay.

If this shutdown goes into February I have the money to pay the mortgage, insurance, trash removal, plow service, sewage, etc on the building.

This goes into March, that puts a direct strain on my ability to pay all the bills, including the $2500 in property tax that comes due.

Taking away the incomes of the middle class ripples through the economy much faster and so much more detrimentally than giving rich people and corporations tax cuts.

Think of trickle down that is actually applicable.

[GWH]

He’s the senate majority leader. Elections have consequences. There’s your answer.

[lulubee]

@GWH

He’s the senate majority leader. Elections have consequences. There’s your answer.

And Nancy is Speaker of the House. Elections have consequences.

[Gravityspeak]

Yep. People can make better decisions. I get that. But take the emotion out of this argument; take out judgment about the fact that some people plan better than others.

What’s left is only fact. That fact is that people are struggling because of the shutdown.

[Snow96]

@Jezcoe

I would like to refer you to my post.

I did see your post, and now as when I saw it, I’m not going to give my thoughts as it would be directed to a single poster and would be personal – as such against the TOS of the board.

The only thing I can say is you shouldn’t have put all your eggs in one basket.

[Jezcoe]

@Snow96

@Jezcoe

I would like to refer you to my post.

I did see your post, and now as when I saw it, I’m not going to give my thoughts as it would be directed to a single poster and would be personal – as such against the TOS of the board.

The only thing I can say is you shouldn’t have put all your eggs in one basket.

I give you permission asa moderator, who has the ability to make the decision as to what is and isn’t applicable under the TOS to say what you want without any offense from me.

As far all eggs in one basket… I find that a supremely stupid and unfortunate argument to make.

All of my eggs aren’t in the same basket. I have other sources of savings and earnings, but this is the one that I have invested a very large chunk of money into to make not only improvements to myself but the town the building is in.

What has more value to a community? A ramshackle 100 year old building with faulty wiring that only meth addicts and horders will rent, or nice new apartments that are fit to house our military?

They don’t get their pay, they don’t have money for rent. I don’t get the rent I can’t pay the people who supply the services to the building. They don’t get paid they are put into financial strain.

And on and on and on.

Trickle down.

I think that the opinion that was expressed may want to be rethought.

[halfbaked]

It seems impolite to refuse to answer my questions and demand an answer to your own.

Can I ask you again to revisit my questions and answer them please? I voted in my election, and my senators ain’t allowed to represent me. Why is Kentucky’s election the only one that matters, right now? Why don’t my senator get to represent me with a vote?

[lulubee]

Poor Kodiak. They don’t seem thrilled about the shut down.

A Small Alaska Town Reels as the Coast Guard Weathers On Without Pay...

[Snow96]

Sorry, but it’s the Truth.

At the big box store here where I live. As you walk in, they have HD, flat screen tv’s for $80. Go back to the cell phone area, they have pay as you go (smart) phones for $80.

Right next to those cheap ones, you can also get an HD, flat screen TV for $500, and get a smart phone for $799.

What is the better choice if you are living paycheck to paycheck?

[GWH]

You and I both know they’re playing chicken. We’ll see who blinks.

[Jezcoe]

@Snow96

Sorry, but it’s the Truth.

At the big box store here where I live. As you walk in, they have HD, flat screen tv’s for $80. Go back to the cell phone area, they have pay as you go (smart) phones for $80.

Right next to those cheap ones, you can also get an HD, flat screen TV for $500, and get a smart phone for $799.

What is the better choice if you are living paycheck to paycheck?

One of my tenents is 19. About to turn 20.

He has been in the Coast Guard for 8 months. He has been my tenent for 4 of those months.

He moved in with no furniture and over the past few months has been buying necessities like a bed or a place to sit and yes… a tv.

When I last saw him he said that he was getting a car soon so he wouldn’t have to walk the 2 miles to the base or the mile in the opposite direction to the grocery store.

This is his first job and he hasn’t had the opportunity to build up any cushion In case his income is taken away.

This weekend a massive storm is going to hid the East Coast and he will be out on the water without pay.

This shut down goes on into February he won’t be able to make his rent.

The opinion expressed might want to be reconsidered

[DOLOOP]

@Jezcoe

Up until a year ago I had a year’s worth of earnings in savings.

I used that to buy and renovate an apartment building as a plan to generate passive income when I retire in 15-20 years.

So now I am really tapped out. Not quite living from paycheck to paycheck, but really under the crunch to build back the savings and pay off the credit cards that were used to fund the tens of thousands of dollars that comes with renovating four apartments in a year.

So… if I were to be without pay for a couple of months, I would be screwed.

I wouldn’t be able to make the mortgage payment on the apartment building and that would really put me in a bad position.

Wait… you may say… what about the rent you are getting from the apartments?

Well… two of them are rented to Coastguard and one is currently in the middle of renovations… so that leaves just the income of one of them to cover the costs of the building and that amount is not nearly enough.

I hope that those who think that it is no big deal that the President shutting down the government and forcing people to work without pay can think of the trickle down effects of this.

This is one place where the trickle down theory works.

Take income away from the middle class, and it has effects that ripples through the economy.

You’re a guy taking investment and sweat equity risks. The quintessence of the American dream.

You’re not even a federal contractor, but your cash flow is adversely affected by virtue of the Trumpshutdown because you rent to members of a military branch the Trump refuses to pay.

I don’t think folks consider how dramatic the downside of these things are even two or three degrees removed.

Doesn’t matter to Trump. He’s been doing this to subcontractors for years. It’s not a glitch. It’s part of the business plan.

[lulubee]

Obviously, he should have just pitched a tent and lived in that. No need for silly stuff like furniture or TV.

[Snow96]

@Jezcoe

He has been in the Coast Guard for 8 months. He has been my tenent for 4 of those months.

Do you know where he lived the other 4 months?

@Jezcoe

He moved in with no furniture and over the past few months has been buying necessities like a bed or a place to sit and yes… a tv.

Without particulars, can’t tell you if he made wise decisions or not. I know when I was 19 and in my first place half my furniture was boxes with sheets over them.

@Jezcoe

The opinion expressed might want to be reconsidered

That many people make poor choices is not incorrect and will not be reconsidered.

[DOLOOP]

@Snow96

@Gravityspeak

You are exactly right. We’ll get the “bootstraps” speech, the “make better $ decisions” speech, and the “I’m affluent” speech.

Making better $ decistions is a lot of it for people who live month to month. And you don’t have to be affluent to have a little nest egg to live off of if things go bad.

Here are examples of bad/good decisions. Look down at your cell phone: Do you have to have the lattest and greatest that is released every year dropping 700 to 1,000 dollars on a new one every year? Or do you look down and see a cell phone that is a couple years old and was under $200 when you bought it?

Look at the car you drive: Is it a brand new vehicle with all the bells and whistles (that you probably don’t use), and you know that in a couple years you’ll trade in for another new vehicle? Or do you look at your vehicle and see one that’s 10 years old (but mechanically sound) and know that you’ve still got 2 or 3 years in it before you buy another older but mechanically sound vehicle?

There are more example like this that you can find in everyday life. It’s really sad when you see a couple who make over double what you do (some friends of mine). When one of their “new cars” had mechanical issue not covered under warranty, they were trying to figure out how to come up with a thousand dollars to get it fixed.

Reading this, I can only imagine what some must think of the President’s multiple, multiple bankruptcies.

It must be infuriating to think on one who is so callously irresponsible.

[JayJay]

@GWH

My employer is a union shop. We were told on day one to be prepared for a strike. By about my 5th year, I was prepared for a 6 month strike under the assumption that I wouldn’t get another job. I’ve been there 20 years, and have increased that strike fund over the years. If I were to get another job during that period, I would not dip into the strike fund. So it really depends on if your furloughed and required to work or not. Thankfully, those who are required will receive their backpay whenever Nancy and Chuck decide to fund the wall that will keep illegals from driving down wages, which is bad for the union worker.

Ooh look- we got the “bootstraps speech” mixed in with an “Evil Open Borders Dems Who Want To Beggar America Are Thwarting American Hero Donald Trump And Starving Government Workers” accusation in one post.

Very impressive efficiency.