It’s been nearly a week since I was let go from my job, and it’s still less than fun thinking about the whole situation. I’m working on getting everything squared away, from getting health insurance that isn’t tied to my job to filing for unemployment benefits. It always amazes me how much there is in being unemployed, even before you get down to searching for another job.
Now, of course, I’ve got to start looking at my net worth with an eye towards lasting through a potentially long period of unemployment. I think I’m in pretty decent shape. I have over four thousand in savings, which should last three, maybe four months if I keep a tight lid on my spending (as I intend to do), much more if I end up getting a decent amount of unemployment benefits. My debt is relatively under control; I have only $1400 in credit card debt (which includes as yet unpaid balances from October and new spending in November) and student loan debt with minimum payments of less than one hundred dollars each month. My investments are doing pretty well, and even though I might not be able to contribute to my Roth IRA for a while, I’ve already gotten a pretty good leap on most of my peers in that area.
So, I’m in pretty good shape for a guy who just lost his job. Hopefully, I’ll be back on my feet before too long, making money and taking names. Or just making money, I’m not that picky 😉