Lost job beginning of July, advice on how to handle finances in the meantime
34M, MCOL city. First let me say i am in a very privileged position as far as someone who is dealing with this goes. I was making 200k a year 140k base 60k bonuses paid quarterly. In process of interviewing for jobs right now most of which pay 75% or less than what i was making before. I have a side business that is very seasonal making 8k after taxes during summer will probably be making 5k after september. Final bonus/severance of 15k pretax being paid end of this month.
Here is breakdown of finances
Checking account: 11k
HYSA: 82k
Retirement: 72k
Brokerage: 62k(in S&P and adjacent etf’s)
Former company stock: 36k(company not public but periodically buys back, last buyback stock valued at 62k)
Condo equity: 23% of purchase price(317k)
Financial obligations:
Condo: $1900 including HOA/escrow
Car payment: $643
Dental work loan: $508, 0% interest is paid off in 11 months
Medicine/doctor: $300
Food: $700
Internet and cellphone: $200
Cobra: $1200
Dog food/vet care: $200
No other outstanding debts except for 0% interest credit card i put a big purchase on that i owe like $700.
Everything else could be pared down/luxury items