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how long can you float?

post #1 of 40
9/18/09 at 3:21pm
Thread Starter 
if all your income dried up today, for how long could you maintain your existing lifestyle?
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post #2 of 40
9/18/09 at 3:24pm
Quote:
Originally Posted by thekunk07 View Post
if all your income dried up today, for how long could you maintain your existing lifestyle?

I would change immidiatly. I could survive 3-6 months.

a few years ago my company laid off a bunch of people, and I was in no danger, I still made a bunch of changes until things got better. I am a coward about that stuff.
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post #3 of 40
9/18/09 at 3:29pm
3 - 6 months as well. If I stopped eating out and buying clothing, probably 12 months.
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post #4 of 40
9/18/09 at 3:32pm
1,5 years.. when changing perhaps double.
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post #5 of 40
9/18/09 at 3:34pm
We keep a minimum of one year cushion in an emergency account. Could easily stretch that out far longer if we cut back on lifestyle.
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post #6 of 40
9/18/09 at 3:37pm
Thread Starter 
i need to start saving more.

i could probably go 2-4 months.
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post #7 of 40
9/18/09 at 3:41pm
I'd be sunk tomorrow.
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post #8 of 40
9/18/09 at 3:43pm
Quote:
Originally Posted by odoreater View Post
I'd be sunk tomorrow.

Hope you have some good short and long term disability. I have both written into my employment contract. I know you're a sole proprietor. All the more reason for this insurance IMO.
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post #9 of 40
9/18/09 at 3:44pm
Quote:
Originally Posted by Piobaire View Post
Hope you have some good short and long term disability. I have both written into my employment contract. I know you're a sole proprietor. All the more reason for this insurance IMO.

That would be nice to have some day.
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post #10 of 40
9/18/09 at 3:46pm
Thread Starter 
^odor, upon further review I think I could float more like 1.5 months if it makes you feel any better. and that's if I were to pay mortgage, car, groceries, insurance and ignore my cc bills.
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post #11 of 40
9/18/09 at 3:51pm
As long as mommy and daddy keep writing the checks I can float forever.
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post #12 of 40
9/18/09 at 3:54pm
probably 6 months, but that would be liquidating all investments and still belt-tightening
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post #13 of 40
9/18/09 at 4:19pm
Quote:
Originally Posted by Connemara View Post
As long as mommy and daddy keep writing the checks I can float forever.

Don't you mean "mummy"?
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post #14 of 40
9/18/09 at 4:25pm
I can float for about 6 or 7 minutes on my back but then I get tired.

Less than that in the ocean.
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post #15 of 40
9/18/09 at 4:29pm
Quote:
Originally Posted by gdl203 View Post
I can float for about 6 or 7 minutes on my back but then I get tired.

Less than that in the ocean.

The salt content doesn't let you float more? If it were in calm gulf or sea would this help? Do you use survival floating techniques like keeping your legs under your torso and using your pants as a life vest? BTW it is actually possible to use your pants as a life vest PM me for more details.
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