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re: How long could you last financially with a complete lockdown?

Posted on 3/19/20 at 1:33 pm to
Posted by Slagathor
Makin' jokes about your teeny tiny
Member since Jul 2007
39015 posts
Posted on 3/19/20 at 1:33 pm to
Nice try, robbers
Posted by OysterPoBoy
City of St. George
Member since Jul 2013
45555 posts
Posted on 3/19/20 at 1:34 pm to
If we had a complete lockdown you wouldn’t need any money until it’s over. You aren’t going to need to pay rent or mortgage and there would be nowhere to spend money. Maybe just have a small amount set aside for if you want to get into pay porn sites.
Posted by Quidam65
Q Continuum
Member since Jun 2010
20520 posts
Posted on 3/19/20 at 1:35 pm to
I can work from home, so I actually would come out ahead due to saving on gas (I have one of the longer commutes among those in the office).
Posted by LSURussian
Member since Feb 2005
135363 posts
Posted on 3/19/20 at 1:40 pm to
quote:

How long could you last financially with a complete lockdown?
15-20 years...
Posted by icegator337
Lafayette
Member since Jan 2013
3756 posts
Posted on 3/19/20 at 1:41 pm to
My great grandkids may start to feel a pinch if the lockdown lasts to 2070
Posted by AllDayEveryDay
The Sticks
Member since Jun 2015
9925 posts
Posted on 3/19/20 at 1:42 pm to
I only work because it keeps me in touch with the lot of you unwashed masses.
Posted by Tigers0891
Baton Rouge
Member since Aug 2017
7196 posts
Posted on 3/19/20 at 1:43 pm to
Don’t know, 3.50 days
This post was edited on 3/19/20 at 1:44 pm
Posted by Epic Cajun
Lafayette, LA
Member since Feb 2013
37483 posts
Posted on 3/19/20 at 1:43 pm to
Forever, I work from home and in healthcare, so I'm solid there. My wife also works in healthcare, but even if her clinic was deemed non-essential, we could live off of my income alone.
Posted by stout
Porte du Lafitte
Member since Sep 2006
184625 posts
Posted on 3/19/20 at 1:46 pm to
quote:

I’m in the middle of building a 700k house and haven’t sold my 300k house


We really needed to know these numbers. Thanks for sharing
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
481219 posts
Posted on 3/19/20 at 1:47 pm to
assuming that my clients stop paying me, while also estimating my tax burden from 2019 and all my CC reward points...and my poker account

..

doing math

...

a year-ish
Posted by stout
Porte du Lafitte
Member since Sep 2006
184625 posts
Posted on 3/19/20 at 1:47 pm to
quote:

15-20 years...



Nice. About 10 for me.
Posted by Topwater Trout
Red Stick
Member since Oct 2010
70178 posts
Posted on 3/19/20 at 1:49 pm to
a few hours
Posted by TimeOutdoors
LA
Member since Sep 2014
13662 posts
Posted on 3/19/20 at 1:52 pm to
quote:

have no debt as i just sold my house


Having no debt makes all the difference in the world. It’s a great feeling Isn’t it? I have some this year after a big move last year but paying it down quickly.
Posted by GRTiger
On a roof eating alligator pie
Member since Dec 2008
71842 posts
Posted on 3/19/20 at 1:56 pm to
It depends on if bill paying would be suspended or not, how much I could get for selling my kids, whether or not I enjoy the taste of dog meat, etc.
Posted by LSUfanNkaty
LC, Louisiana
Member since Jan 2015
11967 posts
Posted on 3/19/20 at 1:58 pm to
quote:

How long could you last financially with a complete lockdown?



We bout ta find out, baw!!!!
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
78697 posts
Posted on 3/19/20 at 2:00 pm to
Wonder why the government hasn’t loosened restrictions on borrowing from 401k if you’re under age 59. Should they be able to waive the 10% penalty and tax implications?
Posted by Loup
Ferriday
Member since Apr 2019
17720 posts
Posted on 3/19/20 at 2:02 pm to
a couple years before i start wondering when work is gonna pick back up. My bills run about 700 a month, though. I'm not a baller, just frugal.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
481219 posts
Posted on 3/19/20 at 2:05 pm to
if things did get bad I could shed expenses and just take the credit rating hit. could extend for another year or 2 if i got real small

hell i could get a couple year's worth of money via CC cash advances, but that's cheating
Posted by breamking
Member since Jan 2018
134 posts
Posted on 3/19/20 at 2:23 pm to
cash on hand enough for a year could stretch it longer if i had to I think. Worst comes to worse would go to farm in south ga. and hang out with the folks in the country.
Posted by LSUBoo
Knoxville, TN
Member since Mar 2006
104478 posts
Posted on 3/19/20 at 2:24 pm to
My wife works from home, and judging by this week I'll be considered essential, plus we have about 6-7 months income in savings, so... we're good.
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