My Unemployment Budget


Running the Numbers.

1. The Outgo per month

Rent:  $425   (I’m so glad* that I moved out of that expensive apartment in January!)

Phone:  $65    (Yes, I still have my iPhone. Sigh.)

Student Loan: $40    (This one is not bundled with my others so I pay on it every month.)

Food: $400    (Yes, this is way too high**. I am not cooking and still eating out a lot.)

Public Transportation: $100  (Yikes! No longer getting free bus pass from employer. )

Misc: $70  (This may go up as I incur job seeker expenses, such as buying an interview suit, etc.)

Credit Card Debt Minimum Payment:  $650  (Ouch!  Did I mention how much I HATE debt!?)

Student Loans: $0   (These are on forbearance. Whew!)

Outgo Total:  $1,750

* – However renting a room under someone else’s roof introduces another set of challenges.

** – My goal is to start cooking more, but so far I haven’t encountered the copious amounts of free time that I am supposed to have at this point. Another part of it has to do with my living situation.

2. The Income per month

Unemployment Benefits:  $1790 (est.)    (After years of working myself into burnout and paying taxes through the nose.)

Second job: $640   (This income is NOT steady. It is ‘as needed’ work only. So I may not earn all of this in a month. Where I live you can earn up to a certain percentage of your unemployment income without it reducing your benefits.

Side hustles:  $0 to $100    (I haven’t started any of these yet, but I’m hoping for pocket money. Rest assured everything is legal and on the books, LoL.)
Total Income:  $1790 (+ $0 – $700)
TOTAL BUDGET BALANCE = +$40  (+$0 – $700)

What Does This Mean?

Well, the good news is that for the foreseeable future (5 months), I will be able to pay my bills while I look for work. This is of course, barring any unforeseen expenses. I don’t plan to remain unemployed for 5 months, but you never know. This is a lesson learned for me, to keep my living expenses low. I have learned that no job is secure and that I need to be out of debt more than anything.

I did not intend for this blog to become an unemployment blog, so while I am working at getting  work, I’ll start writing about other things as well.

Until next time!


“Debtor’s prison is real, and opportunity cost is a bitch.” (DDSW)


  1. Hanniel Espinosa (ELAI) · June 12, 2013

    Times are tough for everyone, I can tell you are a very organized person, Wish you the best and hope that you find a solution soon….Looking forward to your success and keep pushing! 🙂


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