Selso, being unemployeed after working all my life has really opened up my eyes. I didn't think I was prepared but I discovered I may have been better off than I thought. My wife has her job and that'a a big help. I also get to draw my unemployment check. Going from about $100,00 yr (w/ bonus) to $284 wk unemployment checks doesn't make for a happy camper. We have really made some changes in our lifestyle. Here's my advise to you.
1. Sit down and go over the bills with your wife.
2. Make 2 piles - one for necessities and one for feel good items.
3. Necessities are house (or rent), food, utilities and some insurances - these come before anything else.
4. Feel goods are things like cable tv, clothing, magazine subscriptions, booze, cigarettes, high priced foods, new guitar strings, 2nd car, ect. Anything that you can do without.
5. Take care of your household needs 1st as you gotta live. Everything that you don't need, cancel or dispose of.
6. And most important - DON'T LIVE OFF CREDIT CARDS!!!! Remember this - if you call and cancel your credit cards they can demand immediate payment. Just pay them the minimum. Whatta they gonna do? I know this goes against the principles we were raised with but who cares. Right now the credit card companies are the reason most people have poor credit scores.
7. hit the job market. Start sending out the resumes. Check on grants to start your own busuness.
8. Keep looking on the bright side. There are jobs out there but the compitition for those jobs is high. Sell yourself.
9. After you sit down and analize your bills you'll begin to see a whole lotta things that you never needed. Take care of home and hearth 1st.
Nela