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View Poll Results: How long can you hold out w/o getting a paycheck?
Not a single day! 5 4.39%
One or two weeks 5 4.39%
One or more months 23 20.18%
6 months or longer 17 14.91%
A year or longer 64 56.14%
Voters: 114. You may not vote on this poll

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Old 12-27-2018, 10:51 AM
 
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Reputation: 8442

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I voted one or more months because our 6 months cash savings was reduced by my spouses desire to fix old vehicles (more than 2) that aren't really worth fixing (but we don't argue over money - it is a rule of our marriage) so we are building it back up.

If need be, I could withdraw funds form retirement accounts and live for about 3-5 years on that alone, or longer if I penny pinched. We don't have a mortgage or any monthly payments other than utilities and food and taxes on the property we live in. But it would take something drastic for me to consider doing that because of tax penalties.

 
Old 12-27-2018, 10:52 AM
 
14,294 posts, read 13,189,540 times
Reputation: 17797
Quote:
Originally Posted by Cape Cod Todd View Post

I wonder how a working man that has had his wages dropped or lost his job entirely due to illegal aliens moving in feels about the shutdown over the border wall?
I would love to read the story of this every having happened.
 
Old 12-27-2018, 10:55 AM
 
Location: the very edge of the continent
89,023 posts, read 44,824,472 times
Reputation: 13711
Quote:
Originally Posted by middle-aged mom View Post
If most/ all people lived within their means, it would have a seriously detrimental impact on the US economy.

Imagine the impact to the holiday retail season if people only bought what they could afford.

The US people have never been particularly good savers.
And you somehow think that pulled forward demand which means that future spending must be less by definition while the resultant credit bills are being paid doesn't hurt the economy? Really?

Max out your credit cards and see how much more extra spending you can do until that gets paid down/off.
 
Old 12-27-2018, 10:58 AM
 
Location: the very edge of the continent
89,023 posts, read 44,824,472 times
Reputation: 13711
Quote:
Originally Posted by Cali Doll View Post
Oh, absolutely! I'd wager 50-60%.
You'd lose that bet. I just posted on the info on that:

Post #29
 
Old 12-27-2018, 11:01 AM
 
Location: Santa Monica
36,853 posts, read 17,363,818 times
Reputation: 14459
Forever.

I'm so damn cheap I'd get high off the challenge.
 
Old 12-27-2018, 11:02 AM
 
5,983 posts, read 2,236,544 times
Reputation: 4622
I would like to think months but I also know I tend to lie to myself when answering these types of questions. Murphy’s law always steps in and throws me off. So I could say 6 months but if my home A/C goes out, car issue (cars not under warranty) or some other issue pops up and I would be in serious trouble quickly.
 
Old 12-27-2018, 11:07 AM
 
14,294 posts, read 13,189,540 times
Reputation: 17797
I would not choose to work for an organization that could and would so callously stop paying me. I am lucky that I have skills that make me valuable to employers. The way we treat federal employees in the regard is just awful.
 
Old 12-27-2018, 12:11 PM
 
5,983 posts, read 2,236,544 times
Reputation: 4622
Quote:
Originally Posted by somebodynew View Post
I would not choose to work for an organization that could and would so callously stop paying me. I am lucky that I have skills that make me valuable to employers. The way we treat federal employees in the regard is just awful.
Like a private business? I’ve been let go during a lay-off, it wasn’t callus and I didn’t take it as an insult. They ended up going bankrupt and out of business, it sucked but that’s life.

If you have to assign blame then I guess no one should work for Trump? I am assuming that is what you mean since congress had.a deal worked out and President Trump kiboshed the deal.
 
Old 12-27-2018, 12:13 PM
 
56,988 posts, read 35,198,461 times
Reputation: 18824
Not sure and don’t want to find out.
 
Old 12-27-2018, 01:16 PM
 
2,359 posts, read 1,035,036 times
Reputation: 2011
I could go for quite a while without a paycheck, I guess. Decades ago, when I first started out in business, I had to fine-tune my cash management skills, once I found out that some of my clients took 120 days (or longer) to pay their bills.

Got rid of the slow-payers eventually. That helped a lot.
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