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left-of-center2012

(34,195 posts)
Fri Dec 28, 2018, 07:38 PM Dec 2018

Tips for unpaid federal emplyees :-o

"If you're unsure about your next paycheck,
this is the time to turn to your emergency fund as a backstop.
The standard rule of thumb is to maintain enough cash to cover three months to six months of expenses."

"If you're about to be less flush heading into January,
draw up your monthly budget and see what you can slash during the shutdown."

"Credit cards could save you in a pinch ..."

What federal workers can do to generate some cash amid the government shutdown
https://www.cnbc.com/2018/12/28/what-federal-workers-can-do-to-generate-some-cash-amid-the-shutdown.html

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Tips for unpaid federal emplyees :-o (Original Post) left-of-center2012 Dec 2018 OP
If you are about to lose your pay check to pay check job, wasupaloopa Dec 2018 #1
In other words.... marylandblue Dec 2018 #2
Is this a fucking joke? The ONION??? pangaia Dec 2018 #3
not the Onion... handmade34 Dec 2018 #4
This reminds me of when Northwest Airlines suggested dumpster diving Tanuki Dec 2018 #5
My favorite: Margin loans: If you own a brokerage account, you may be able to borrow from it. JDC Dec 2018 #6
 

wasupaloopa

(4,516 posts)
1. If you are about to lose your pay check to pay check job,
Fri Dec 28, 2018, 07:42 PM
Dec 2018

plan to live off your 3 month’s worth of savings.

marylandblue

(12,344 posts)
2. In other words....
Fri Dec 28, 2018, 08:00 PM
Dec 2018

If you don't already have an emergency fund, consider yourself screwed. You can temporarily unscrew yourself by borrowing money at around 15% interest or higher, but that will just make things harder when you go back to work. Consider making it even harder down the road by delaying important purchases.

Tanuki

(14,918 posts)
5. This reminds me of when Northwest Airlines suggested dumpster diving
Fri Dec 28, 2018, 08:51 PM
Dec 2018

to their laid-off employees several years-ago.

https://www.google.com/search?ie=UTF-8&client=ms-android-att-us&source=android-browser&q=northwest+airlines+employees+dumpster+diving

"Losing your job hurts.

But earlier this month, Northwest Airlines made things even worse. The company gave pink-slipped employees a tip sheet on how to cut living expenses. Among the suggestions: Rummage through other people's garbage (Tip# 46: "Don't be shy about pulling something you like out of the trash" ).

The tip sheet was called "101 Ways to Save Money," and it went out to 60 Northwest employees slated to lose their jobs this fall in Montana, Texas and North Dakota."....(more of their cluelessness at link)

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