I am feeling unprepared at the moment -- not quite sure why, but there is that unsettling gnawing feeling that should my husband lose his job, I wouldn't be able to confidently smile and say, "God will provide" as my recent encounter with a newly unemployed father of seven.
In looking at the paychecks through the month of October, I realize that if we keep to our planned payment schedule and budget, we will be one mortgage payment ahead by 10/31. Once this is accomplished I will feel some relief. Our utiities are on budget payments and if I pay 1-1/3 of them through the next three months, I would be one payment ahead on that as well. Might not be the smartest move, but it would at least put my budget one step ahead.
DH's severance is two months. I would also put my student loan payment in forebearance, and I would imagine that my kids' school would cover or waive those tuition payments. We finally gave the present tenant the ultimatum that in order for her tenancy to continue she must pay 1/2 the rent every two weeks. I would feel better if she had a longer history of doing this (she is presently two payments into the new schedule).
Thankfully the expenses upcoming aren't that bad. The fall sports are paid for. We have an overnight trip planned for September and I was able to get the hotel room for $129 plus tax.
I should be giving some serious thought to economizing on the holidays and kids birthdays (we have four from August to December).
I have also contacted the hospital about my remaining bill and will pay $25 a month until the balance is paid off. I will pay 1/2 the doctor and anesthesiologist bills too. That is under control./
How much money can I send to the EF? Watch me as I try to grow the EF!
More serious consideration
July 27th, 2010 at 08:55 am