this post was submitted on 01 Sep 2023
188 points (100.0% liked)

Chat

7498 readers
52 users here now

Relaxed section for discussion and debate that doesn't fit anywhere else. Whether it's advice, how your week is going, a link that's at the back of your mind, or something like that, it can likely go here.

Subcommunities on Beehaw:

This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

founded 2 years ago
MODERATORS
alyaza@beehaw.org
remington@beehaw.org
188
For the Love of Everything, Please Keep 3-6 Months Worth of Money for an Emergency Fund (If You Can) (beehaw.org)
submitted 1 year ago by MangoKangaroo@beehaw.org to c/chat@beehaw.org
40 comments fedilink hide all child comments
 

I left my job about two months ago, and I applied for unemployment immediately. I got a new job today, but I STILL haven't gotten my unemployment decision. Additionally, my food stamp application was delayed due to personal circumstances. In short, had I not had money saved for an emergency, I would have been mega-screwed.

I know some people are not in a position where they have the luxury of storing away significant amounts of cash but, if you are, I beg of you to do so if you aren't already. I can't imagine what position I'd be in right now if not for my budgeting.

Thanks for coming to my TED Talk.

PS. I posted this here instead of in c/finance because the sidebar there specifies that it's supposed to be for finance-related news.

you are viewing a single comment's thread
view the rest of the comments
[–] MangoKangaroo@beehaw.org 3 points 1 year ago (2 children)

Is it nearly as much a nightmare to start getting unemployment in other places? I'm stunned that it's taken as long as it has in my case.

[–] abbadon420@lemm.ee 3 points 1 year ago

My experience in the netherlands is that there is usually some delay, but not more than a month usually. I used to go in and out of unemployment a lot when I had just dropped out of college. Lot's of temp jobs. It was very annoying. But the unemployment money started accumulating right after you got fired. Only thing was that it could take a few weeks before they payed out.

[–] liv@beehaw.org 2 points 1 year ago

Here in New Zealand it took me about three weeks.

But, I know we get far less money than in many other places. It wasn't even enough to cover rent so I had to use savings.

Now I'm on disability and it's less than half what people get on minimum wage. I know from my support group that disability is harder to get in the US but it's also pays a lot more money.