Shutdown: How long could you last?


#44

I didn’t see your answer to how long you could go without a paycheck - but, iirc, weren’t you over the moon you got a measly $35 increase per pay period from the tax cut.

Anyone for whom an extra $70 bucks a month thinks that is a windfall seems to me to be not that financially secure.


#45

I don’t know where he lived the other four months. That is not my concern.

As far as renting to a 19 year old, I did have reservations about it, because I remember what I was like a 1, But my other Coast Guard Tenant told me that if there were any problems that I could go to the commanding officer.

There has been no need and he has been a great tenant.

People do make poor choices, yes.

That is a subset of the cases that we are talking about. In a lot of other cases the problem is caused through no fault of their own… like the President having a temper tantrum and forcing people to work for free. That is out of their control entirely.

That is why the opinion expressed about “eggs in one basket” and nonsense like have a ■■■■■■ car is pretty useless here.


#46

So I shouldn’t address the op and offer my opinion on a discussion board?


#47

He made some poor decisions on investing in Casino’s in Jersey (The majority of his BUSINESS bankruptcies).

But overall, he has been highly successful in his business career.


#48

As a great tenant, has he missed a rent payment?


#49

I couldn’t even begin to tell you the poor choices I made when I was young.


#50

No, but he has sent an email that if the shut down continues he will not be able to.

I told him not to worry about it and pay when it is all resolved, I won’t charge a late fee or anything. It isn’t his fault that the President is a child.

He should have never been put in that position in the first place. Plus, if he is not able to make rent, then he also is lacking the money to spend into the community.

Ans in a community that has a large Coast Guard presence, it will be felt harder the longer that this goes on.

Trickle down.


#51

“In the first couple days, I think everyone thought this wasn’t going to continue,” Ms. Koehler said. “So they kept spending like they usually do. And after that first weekend, it was amazing — it just stopped

Y’all mind if I just remind Americans that they’re a couple paychecks away from homelessness for my big beautiful wall?


#52

Over the last 7 years I’ve made changes in my life.

2008 when the economy crashed, there was talk of 1 or 2 days a week off without pay. Back then it scared the ■■■■ out of me because even loosing that I would have been in a world of hurt.

Through a lot of simple changes, some hard work (as a radio talk show host I listen to says “beans and rice, rice and beans” – I’ve gotten to the point where I could go without a paycheck for probably 8 months.


#53

So you’re blaming the president for something that hasn’t even happened yet, and if it does, the president has signed legislation guaranteeing you’ll get paid when his furlough is over.

What’s your problem with Trump again?


#54

8 months? That’s it? So, you aren’t financially secure either.

Figures.


#55

That’s cash on hand. If worst came to worst, I have credit that could be used (as a last resort) to extend that for a much longer time.

Now like I said, going from not being able to have 1 day off a week without pay, to have 8 months of cusion in 7 years is a wonderful thing.

now as being estatic I get the extra $36 per month (along with other savings on car insurance, electric and natural gas rebate and such), it’s put an extra $500 into my savings I wouldn’t have had.


#56

This is 100% on the President. He owns it. He said so himself.

If this goes on into next month, and my tenants are not able to pay rent, then it is 100% the President’s fault. Remember… he owns it. He said so himself.

People I need to pay still get paid.

That puts a strain on me.

This goes into March (which is doubt it will… but you never know) then that really increases the strain on my tenants and me.

No one should have been put into this situation in the first place.

That is the point.


#57

Taking on more debt when one has no income is about the dumbest thing one can do. How do you think you would pay the CC bill when it came due?

You are as financially insecure as the people who are furloughed.


#58

I agree the thread premise is very valid.

I earn a good wage but because I have a lot of family commitments find myself with very little savings. I could go 1 month maybe 2 at the most without pay before i would have to start pulling from my 401K.

Yes last year i choose to drop a lot of money on a 4K TV and perhaps that should have stayed in savings but life is not just about scrimping and scraping and getting by. I have no desire to be the richest man in the graveyard.


#59

That is why I said 8 months of CASH to get by and if all else failed credit after that.

Now if it’s the shoes fed workers are in – once I’m back to work I’ll have the funds to pay off the credit cards and put money back in the bank.

I might be, I might not.

1 month wouldn’t put me on the streets and leave me hungry.

And apparently I’m in the top 22% of working stiffs who don’t live paycheck to paycheck.

Seventy-eight percent of full-time workers said they live paycheck to paycheck, up from 75 percent last year, according to a recent report from CareerBuilder.


#60

Each Senator doesn’t get to vote on whatever subject hits him at the time. Its more organized than that.


#61

8 months of cash is a pittance. My 25 yr old has enough cash to last him about 2 years and he’s only been out of college 3 years. I only know because he needed to discuss with us how much he needs to spend to exercise some of his stock options at work.

While you are def better off then you were a few years ago, that’s not saying much. And you certainly shouldn’t be criticizing people who are in the a similar position you could find yourself in.


#62

No they shouldn’t have, but this debate has gone on for the last 40 years. It’s time for it to end. Comprehensive immigration reform starts with securing the border. Then legislation can be crafted to address those who are in the country illegally and those who wish to enter our southern border through work visas. Until congress can do its job, the government can remain without funding.


#63

I disagree. Comprehensive immigration reform starts with addressing WHY people come here against our laws. Address illegal aliens taking jobs by giving employers meaningful tools and them holding them responsible and provide a functional, bonded Guest Worker program. And even most illegal immigration is occurring through those entering the country legally and then not leaving.

Address the WHY and the HOW will be easier to solve.

(Which of course doesn’t address that most illegal drugs come through the cost and through ports of entry and not through backwater desert on the southern border.)
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