General Discussion
In reply to the discussion: In the U.S. 49.7 Million Are Now Poor, and 80% of the Total Population Is Near Poverty [View all]JDPriestly
(57,936 posts)member who has a house (free rent for you) or feeds you, etc., then you probably would not still be okay if you lost your job tomorrow unless you could find another job right away.
Sorry. But the numbers don't add up.
Cutting expenses? What expenses do you have on $13,000 per year that are not really essential?
Many of us live on $13,000 a year, slightly less, slightly more. The average Social Security recipient gets a little more than that.
Unless you have a trust fund or a lot of help from somewhere or unless you earned more at some point in your life and saved, you are not going to last that long if you lose your job. May depend on where you live, but let's be realistic, you cannot save much for those unemployed periods on $13,000 per year. Especially not if you have children (or even a dog).
I sure hope you don't lose your job and find this out the hard way.
Unemployment insurance won't pay you much if your income is $13,000 per year.