I was laid off from my escrow Officer job with a huge national home builder last month. Thankfully I’ve been a barber for 10 years and was able to replace my income within 24 hours. Trades are truly a blessing when it comes to security.
@1MinuteFlipDoc Жыл бұрын
how much did you make as an escrow officer?
@myyt3824 Жыл бұрын
@@1MinuteFlipDoc $60k in KY
@consumerdebtchitchat Жыл бұрын
That was so nice of your sister to come on. It really helps people because we just don't discuss money and as such people don't learn about it. Very generous indeed of both of you to share ❣️
@modifiedjaymill Жыл бұрын
This goes to show why it’s so important to keep your debt down
@zohramartini9425 Жыл бұрын
Or even keep none of them. I had close to a screaming match with my husband regarding that... but at the end we recovered 50K of debt in no time
@beetafly2 Жыл бұрын
She's so down to earth and real. I hope she finds a new job soon. 👍👍🤞
@gregseljestad2793 Жыл бұрын
Thanks to both of you. I think it is good to hear how people are surviving when hard time hit!
@CloudSecurityGuy2 жыл бұрын
Extremely brave of your sister. She is a hero ! I hope she gets the most awesome job she deserves
@creepycrespi8180 Жыл бұрын
She is just being honest about her situation. I do not see how this makes her brave.
@peaceandshine Жыл бұрын
Not everyone feels confident to go on the internet and talk about their financial situation especially getting laid off.
@TheGeoDaddy Жыл бұрын
I can’t but help remember the Tech Kids of the day condemning laid-off factory workers “learn to code!” back when the Government and Wall Street were bankrolling the Chinese Communist Party replace American workers with virtual factory slave labor… as one of the few who actually code… I have to say that 2/3rds of Americans are saying now “learn to drive a truck” or work as a barista….
@SuccessfulladiesSoftLife2 жыл бұрын
Jake your such a inspiration! Hey Carlie I was layed off 6years ago and I haven't been back on someone else's payroll since. 1099 has it's highs and lows but I know if I go back my various streams can keep me afloat if ever I were to be axed again before the holidays. These companies are trying to break even.
@Financial_Failure2 жыл бұрын
Love that’s your sister isn’t worried… I’ve never been on unemployment and kudos to her for not being as prideful as myself and taking the 💰👏🏾
@mjohnson17412 жыл бұрын
I was panicked when I got laid off but it actually was a blessing in disguise. Now I know, how to survive on the other side. It's not about avoiding failure but being adept at handling failure. Now if I lose my job ever again, I honestly would laugh because I know how to survive. I would not have known that about myself if I had never lost my job. I conquered fear, no fear is freedom!
@Financial_Failure2 жыл бұрын
@@mjohnson1741 that’s powerful, especially after becoming financially powerless. Those are some skills I’m still working on. I hope if the time comes, I’ll be as prepared as yourself 💪🏾
@asadb19902 жыл бұрын
I have been laid off twice now and my approach is always be applying and respond to recruiters. Some positions will be worth going and putting in the extra effort. But you will get tons of practice on how to bullshit through interview rounds. The first round is always a drone round against the hr.
@Financial_Failure2 жыл бұрын
@@asadb1990 exactly, if this isn’t the truth idk what is.
@asadb19902 жыл бұрын
@Financial Failure also if you laid off, always put present on last job and say you still work there. When they want references have a friend be your reference and parrot the lines you give them.
@LindaSaysThings2 жыл бұрын
I was in a similar situation laid off from my tech job but I was a little unlucky and found myself laid off for almost a year. I used these same tactics to cut off unnecessary expenses and didn't find myself needing to dip into my savings at all. Kudos to your sister for being able to do that with a growing family! I admit I was alone so much less pressure on how I spent my own money, but good to know it's possible even for families! Thanks for sharing!
@asadb19902 жыл бұрын
Woah how do you manage to stay unemployed for a year?
@LindaSaysThings2 жыл бұрын
@@asadb1990 that's a mystery to me, I interviewed every week sometimes getting to final rounds with big companies but they always went with someone else. I was receiving interview coaching, but I probably should have reached out to more of my network sooner to try and get that shoe in. In the end my first/only offer came from FAANG which I promptly accepted. Edit: a caveat that's important to mention is that I did not apply to any hourly positions, all full time, as I was luckily ok financially, but gruelling nonetheless
@asadb19902 жыл бұрын
@Linda Says Things yeah i got laid off in construction management from the only province in canada thats pretty dead i.e. alberta. Their excuse was "shortage of work" while hiring 3 people after me. I came from a large GC after working there for 2 years. I luckily never updated my linkedin of the new job (only 6 months of experience which i tacked on to my old job) and kept applying as if im employed. Honesty is overrated.
@TheGeoDaddy Жыл бұрын
I can’t but help remember the Tech Kids of the day condemning laid-off factory workers “learn to code!” back when the Government and Wall Street were bankrolling the Chinese Communist Party replace American workers with virtual factory slave labor… as one of the few who actually code… I have to say that 2/3rds of Americans are saying now “learn to drive a truck” or work as a barista….
@huckfin1598 Жыл бұрын
Learn to weld
@tonymanos363 Жыл бұрын
You both are remarkable and your sister is wonderful. I hope she finds her next opportunity soon. They will be lucky to have her!
@c141charlie Жыл бұрын
The cost of living in Utah is almost unbelievable. In Seattle, you would have to multiply every number she shared by 3 at a minimum. Regardless, respect to your sister for living within her means!
@JakeBroe2 жыл бұрын
Interesting video about the tech layoffs currently happening. Thanks for sharing.
@jeannie4cc Жыл бұрын
I appreciate how open people are on this channel.
@jaredalbin56582 жыл бұрын
Man the lighting in this video is amazing not gonna lie. You guys look great. I got a Sony a5000 dslr for $400 recently to use as a webcam. It’s a big difference, but what seems to help even more is lighting and you have definitely nailed it here! It’s sooooo clear and clean!
@jaredalbin56582 жыл бұрын
Wish her the best in finding her next position! Even though some are laying off, I recently started a new job 2months ago (tech company) and got a 40% jump in salary.
@@DrBlackJack001 just saying, even though there are layoffs, there are still a ton that are hiring. I get text messages, calls, and emails from recruiters every day inviting to a new position. I'm in the tech industry, so although we see layoffs at FANG and larger companies, there are still many mid-size etc that are hiring. This gives hope to people who are laid off, they will surely find good work again soon.
@davidhale4647 Жыл бұрын
@@JakeFerrin And you can not refuse a job offer or the unemployment stops!!
@x3dominator28 Жыл бұрын
I was laid off during Covid. Was given three months severance, took four months to land a new role. Thankfully we had three months of expenses in the emergency fund as well. There’s options out there I’m sure she’s going to land a good gig.
@evelinholmes6401 Жыл бұрын
On one hand why have children when they are raised at a daycare ? Daycare can be very expensive unless you have a relative looking after that child. I stayed home for 9 years until the youngest was attending school full time. My income would not have covered childcare. Having an extra car ,insurance and so many expenses that occur. We lived on less and made due without but it was worked in the end.
@courtney3540 Жыл бұрын
I just got laid off from my tech job while on maternity leave and made about as much as your sister. Thanks for this video!
@huckfin1598 Жыл бұрын
Learn to weld
@Gamakatana Жыл бұрын
Were you perhaps filming "A day in the life of a Project Manager" style videos and going a grand total of 1h or actual work per day while enjoying snacks and boba tea?
@gentilgedeon4260 Жыл бұрын
Being down to earth like her is a sign of being actually smart and intelligent. Love from EastAfrica...
@yessir0818 Жыл бұрын
Got laid off yesterday! Pretty excited to explore other options!
@twogamer7149 Жыл бұрын
7:53 Yes, many people don’t realize unemployment benefit comes from a pool contributed by the companies like an insurance pool. The more a company layoff people, the more that company will need to contribute back to the pool in coming years.
@markg-jw2hx Жыл бұрын
It is straight up insurance. Your employer contributes at least 2.5% of your pay to unemployment insurance. You don't see it because it is deducted before you get paid but the unemployment insurance payments are a cost to a business to hire you. If you get laid off, don't hesitate to collect on the unemployment insurance.
@ViceCoin4 ай бұрын
I moved to NJ before the 2008 crash for the $600 max weekly unemployment benefit.
@baolnguyen442 Жыл бұрын
Very interesting video, thanks for sharing!
@salenarichardson27662 жыл бұрын
Fantastic video. Thank you both!
@audreyheu2224 Жыл бұрын
Thank you for being so transparent!
@MrMATEUSZ21052 жыл бұрын
Important message Jake! Thank you for that! I am working in IT sales and the layoffs has touched my company too, so I decided to quit and find another job before they take this decision for me. I keep my finger crossed for your sister to find a great job soon!
@tinman3586 Жыл бұрын
Probably would have been smarter to find another job first then quit...but you do you.
@leonardrangel8806 Жыл бұрын
I don't think you can apply for unemployment...Duh!
@penguinwithwifi2 жыл бұрын
Very interesting. I appreciate her sharing these details with us. Please update us later when she finds a new job.
@ray_of_sunshine9172 жыл бұрын
I am so sorry your sister has to go through this challenge of unemployment. The one thing I learned along the way in IT journey (30+ years) is to ask how long has my manager and other staff have been on the job. That gives me a better idea of the culture of turnover at the company.
@stanleychukwu2 жыл бұрын
i'm proud of you jake, 2 videos uploaded in less than 7 days!!! it's gonna be a great year ahead!!
@user-tt8tj4wh4k Жыл бұрын
This video is epic, appreciate yall so much, needed to hear this!!!
@kelly4618 Жыл бұрын
Wonderful sister! Thanks for sharing!
@getyourownshoe2 жыл бұрын
Thank you for sharing this info! Super interesting and informative. Wishing Carly the best!
@dusty_1192 жыл бұрын
Just got “furloughed” for 2 months from my tech startup. Tell your sis to be glad she doesn’t live in AZ! Max unemployment benefit here is $240/week vs. her $660/week. That cut makes for a rough transition with a stay at home mom and 3 kids coming from a salary of nearly six figures! 😅
@harveylin35482 жыл бұрын
Yeah but in AZ we pay little taxes, with more tax cuts coming. Those tax savings were supposed to be saved up for this reason. Compared to CA where everything is taxed. Plus in AZ the RE prices are much cheaper, meaning it's easier to pay for housing. Where as in CA, if you get laid off from your big tech job, a small tech job won't pay you enough to even cover the housing payment every month.
@davisholman8149 Жыл бұрын
@@harveylin3548 🎯
@UdoADHD2 жыл бұрын
Tell your sister she may also qualify for food stamps! I was able to eat really great thanks to EBT. I was able to shop at Whole Foods and the higher quality food helped me feel so much better as I looked for a new job.
@sct4040 Жыл бұрын
Ebt at Whole Foods? How bouggie 😂
@modifiedjaymill Жыл бұрын
I thought you had to have a job to get food stamps
@UdoADHD Жыл бұрын
@@sct4040 yessss girlll 😂 I wanted to eat healthy so that was literally my first try actually eating all those no seed oil, no gmo, etc type of food. It allowed me to start a really good habit.
@UdoADHD Жыл бұрын
@@modifiedjaymill maybe it depends on your district. Where I live you don’t have to be employed but you need to be seeking work.
@kckfen Жыл бұрын
Hope everyone will able to survive through. All the best.
@VMXGroove2 жыл бұрын
I'm so sorry that you got laid off. I know what that's like, been through it myself. I wish you much success. I hope you find a new job soon.
@ramiro8628 Жыл бұрын
Super relatable. Just found your channel. 👍🏼 keep it up.
@lifeisbeautiful74522 жыл бұрын
You should not be embarrassed for being on unemployment. You pay into this system from your taxes. You’re entitled to use the services just like anyone else.
@deedled48792 жыл бұрын
Here for this. Was surprised they were unaware
@PumpkinSpicePretzels Жыл бұрын
Hearing the description of her expenses, especially with having a child, it's just not economically feasible for most people at most jobs to have a life without living with someone off of two incomes. We used to need only one, and not even a great job! What happened?! Our country is being robbed by the upper crust.
@bestrealtorct06405 Жыл бұрын
Great video, thank you both!
@Tracked350Z2 жыл бұрын
Thank you for sharing. I was there before. Unemployment is an amazing benefit when used properly.
@user-zu6fe9nk6u2 жыл бұрын
Unemployment doesn't pay out though
@davidhale4647 Жыл бұрын
Unemployment is taxed you must pay that and if you recieve a job offer and turn it down the unemployment stops She said also you must apply at 4 places a week They do not care is less money or farther to drive
@vzeq242 жыл бұрын
Is there a severance package? How much is it?
@vytorbrb3568 Жыл бұрын
I’m a software engineer in Brazil got laid off too, American investors stop coming hahah, but I got another job at my previous company as tech lead, the work is more and pay is less but at least I’m an associate, followed jake advice and now I “own” a piece of a business
@nicelookash2 жыл бұрын
I noticed she didnt mention any debt
@rageshgr Жыл бұрын
Great video. Very informative
@asadb19902 жыл бұрын
Im un construction management and got laid off in the beginning of December right before the holiday. Got another job in the states with roughly 50% pay increase.
@alipainting Жыл бұрын
I remember when I was last laid off. Hurricane Sandy in 2012. 😆 First I went sailing in the Caribbean for six months, as I'd been living in my van for the recession. Then came home as my tenant was leaving, so rented rooms out and did gig work ever since 😄. It's wonderful not having a boss and part time work. Never go to restaurants, or paid concerts. Mint mobile for phone. Old car is paid for and low insurance. As prices go up I simply raise my gig work rate and housemate rent. I did do a spell of yacht work to pay down the mortgage and refi. So that helps $300/mo. What's going on now with the economy is nuts. Hoping for another recession so my daughter can afford a place.
@fabledreamor2 жыл бұрын
I hope things go well for Carly.
@the_humble_investor Жыл бұрын
To prevent from panicking of layoff, I live a frugal life, paying off all debts (car, house, credits), having an emergency fund and investing in the stock market.
@lme43392 жыл бұрын
I really hope Carly gets a job asap. Wish you all the best, Carly.
@huckfin1598 Жыл бұрын
She should learn to weld
@SarA-cw9xc Жыл бұрын
Thanks! I’d be curious to know more about how she cut her food budget so drastically
@bratzboyz Жыл бұрын
You are awesome, thank you so much for your videos! 😊
@YaymeeGoRound2 жыл бұрын
This is such a helpful and relevant video! I’m sure so many people are benefitting from it! Did she or anyone else you know receive a severance package? I’d love to learn more and why it’s taxed so high.
@INDIEMUSICGUY1966 Жыл бұрын
Can they do a 3 month or 6 month update? How are they covering med bills?
@Clanahan12 Жыл бұрын
Ok, for all the people in the US, getting laid off while on maternity is not normal. Fight for employee rights, I am shocked that people will fight for the right to own a gun, but not for the right to not be treated like trash by your employer
@winterheat Жыл бұрын
wow I live in the San Francisco Bay Area... each day, I eat out, and for one person, the total bill is any where from $60 to $80... but it is for 2 meals... I order 2 and eat half of each, and then take home the rest... so my monthly bill for food can be $70 average x 30 = $2100 per month
@stephtraveler7378 Жыл бұрын
These are NOT Tech Workers. These are people working low skill/overhead jobs in tech companies. There's a clear difference. The certified engineers and coders were retained in most cases.
@mstraction Жыл бұрын
I don't know how I got to your video with your sister...It was brave of her to put all her expenses online...I'm sure it helped many people...I was just wondering how it worked out for her...did she get the job she was looking for??
@AnnaSzabo2 жыл бұрын
I am a Salesforce Consultant and was laid off this week
@jygug2 жыл бұрын
I am sorry to hear about the lay offs, I have been told that there was a shortage in tech, is that still the case and if so. How could that be the case whilst there also mass lay offs in tech? I am not from the USA so I am not sure how that all works.
@Eyetrauma2 жыл бұрын
It’s weird seeing one of these where the person’s financial situation seems pretty reasonable, like no $500/mo for candles or anything. I’m glad she went for unemployment though, when I got laid off I knew people that were like “oh I’m not gonna go through the hassle.” Like dude you have $0 coming in, get that money it’s yours! Funniest part for me was getting the notice from the unemployment office where they were like “you NEED to come in we MUST discuss how to search for jobs and fill out a resume” so I just showed up with my (multiple, industry specific) resumes and they’re all like “oh… uh… okay, enjoy your day.”
@orionharmon6017 Жыл бұрын
I got laid off from my job as well too which is a public business one so I'll have to wait until my boss gives me a call or a send me a text to rehire me back to my previous job. I can't move on to a next job not yet because I don't feel like moving to a better opportunity because my boss said him and the others would love to have me there.
@trinawms37492 жыл бұрын
🤣🤣🤣"Time for dinner " and we all hop in the car, love it! ❤️ God will provide please don't stress out!
@shayemoore Жыл бұрын
That was funny 😆.
@parimal3333 Жыл бұрын
Any tips for freshers?? What should freshers do to get good job?
@seventail2 жыл бұрын
how do you cut car insurance?
@EVATUBE1 Жыл бұрын
Your taxes was only $369 on $5700 gross paycheck?! ..And unemployment is $2700 per month?!...WOW...Utah for the WIN!!
@Joe0091 Жыл бұрын
Thank you for sharing.
@hughjassol20722 жыл бұрын
75k is pretty low for a tech job in CA. I pay 3k monthly. My wife got laid off while on maternity leave as well.
@create-ive49932 жыл бұрын
Sorry about that
@create-ive49932 жыл бұрын
We're y'all double income family?
@harveylin35482 жыл бұрын
They are in Utah, most likely Provo, 75k is enough to live on there.
@terrypelletti8535 Жыл бұрын
what a sweet sister
@terrenord1222 Жыл бұрын
No severance???
@billyhadisubrata26692 жыл бұрын
I hope that Carly could find next job soon. I know it is tough, I have been laid off before in oil and gas industry during oil price crash downturn so I know how stressful it could be. In the process I learnt that everyone is replaceable, doesn't matter our performance was because that's how it works in corporate world run on capitalism. Thus we should never be dependent on our job as a single source of income. Best to diversify and create another source of passive income whether it is online business, shares, divident, renting out property, deposits interest, etc so you get peace of mind. Because there will always be fluctuation. In fact every 10 years we always have financial crisis so we need to be versatile at any time. Also see if your technical skill can be transferable to other sector that not so niche. Dont forget to be discipline with your expenditures. Anyway good luck on your next journey as I'm sure you will find something soon!! All the best!!
@corys76042 жыл бұрын
Ayo, wtf is her husband actually doing? I know I’m not the only one that picked up on all that, right?
@create-ive49932 жыл бұрын
Bro to be honest you were a bit harsh with the question
@create-ive49932 жыл бұрын
I was kind of thinking the same though Stay at home Dad perhaps? What do you think?
@create-ive49932 жыл бұрын
They're doing pretty well for themselves though
@zenfulkatoria Жыл бұрын
Exactly I was thinking the same thing with the “we”
@TheGeoDaddy Жыл бұрын
I can’t but help remember the Tech Kids of the day condemning laid-off factory workers “learn to code!” back when the Government and Wall Street were bankrolling the Chinese Communist Party replace American workers with virtual factory slave labor… as one of the few who actually code… I have to say that 2/3rds of Americans are saying now “learn to drive a truck” or work as a barista….
@Hazara26 Жыл бұрын
Wow! No property tax which state is that?
@o0o0o0oops2 жыл бұрын
is it correct to subtract all of the mortgage, utilities, and other expenses all from sister's take home pay? Her partner doesn't contribute anything?
@TheCelmap Жыл бұрын
That's my question too. Where is her partner? First of, she just had a baby if she has a partner she would never stress out on looking for a job until feel confortable. I don't know her marrige dinamics but it's weird.
@ljaaraica33722 жыл бұрын
I feel for your sister. I was laid off during the pandemic working as a Talent Sourcer for a top healthcare firm and felt my world was collapsing in 2020 after losing my well-paid recruitment and sourcing position. After re-grouping and making several mistakes (accepting low paying recruitment jobs out of desperation). I was fortunate enough to get back to my firm. Shortly thereafter less than year or so left, now work for the top healthcare firm and feel more stable. I suggest looking for non tech companies try to avoid start-ups or companies who are not well capitalized. Instead look for non-for-profit firms in needed such as governmental entities such as public hospitals college or universities, mainly public colleges if private ensure they have are well funded with large endowments, if not try to get an employment contract. Just my two cents.
@harveylin35482 жыл бұрын
This, I work for a company where their core service isn't tech, but use tech to complement the core service. We only laid off 4% of our total workforce and most core engineering functions are not impacted, mostly just contractors and problematic employees.
@gold9ja Жыл бұрын
👏🏾👏🏾💯
@Pcsadams Жыл бұрын
The employer paid 50% and the employee paid the other 50% from your biweekly paycheck for the unemployment insurance to the state. Each state is different in the weekly amount paid to the recipient.
@billu5014 Жыл бұрын
Im express " show love "to your sister she is smart and will get out of this ...right away what am i going to do now. no time for pity.
@wric01 Жыл бұрын
Back to basics, when the fed cuts: whether interests or QE then accounting comes into do the layoffs/cost cutting to meet numbers.
@susansparanormalpennsylvan81 Жыл бұрын
during pandemic my friend got laid off and made almost the same amount of money on unemployment in pennsylvania, like 85% or something
@1999mrg Жыл бұрын
how can you get car insurance that cheap?
@shrnho Жыл бұрын
Theis expense breakdown is so relatable! Honestly eating out for $400 a month seems reasonable to me. Frankly even grocery shopping costs quite a bit too.. If only money would go further!
@JessicaLaShawn Жыл бұрын
The good news is she gets more time with her newborn 🎉❤
@lexifenner5931 Жыл бұрын
I think these transparency videos are fantastic! The only question I have is how is she paying so little in taxes? I don’t make that much more than her but pay around $1k a month… what am I doing wrong 😅
@nb6525 Жыл бұрын
Hi, are you taking advantages of all tax reduction strategies like deductions, 401k? Do you have any dependents? Do you own your home or rent? Any children?
@SharatGajulapalli Жыл бұрын
What about health insurance after getting laid off?
@dusty_1192 жыл бұрын
Oh btw- congrats on baby number three! Just had our third (and final ✂️😅) two months ago. We bought that doona stroller you showed, it’s worth the $550. Trust me.
@JakeFerrin2 жыл бұрын
Thank you! Yeah the Doona seems awesome. So useful to not carry around a heavy carseat or load up a huge stroller.
@Chris-Clicks2 жыл бұрын
What do you use to record your videos?
@JakeFerrin2 жыл бұрын
I used a Canon M50. My gear list is in the description if you're curious about the whole set up.
@Chris-Clicks2 жыл бұрын
@@JakeFerrin Awesome, thanks for updating it!
@techxyz5176 Жыл бұрын
It's because of the interest rate. Most of these companies were over leveraged and bloated during low interest rate, but now the FED has increased the interest rate to fight inflation by killing demand, if most people are unemployed they won't have money to buy things anymore, so inflation will come down, hence the layoff. Companies can't have cheap loans anymore.
@joanmory2789 Жыл бұрын
Thank you for sharing
@spicellama19112 жыл бұрын
Thanks so much for sharing! Hope you land on your feet with a new job asap. I’m very curious. How were her taxes so low? Maybe because I’m in California 😂
@NelehLove93132 жыл бұрын
Congrats on the baby! I hope and pray for the best for yall! I wanted to say that I pay almost $400 to $500 in groceries in my state and month and my state is considered low income... there are 4 people living in my house, 2 adults (including myself l) and 2 children... how do I cut back? We can't even afford the good food. Thats all the cheap food... meat Is really where alot of that money goes but in order to have a decent meal you have to cook meats with your other meals.
@carlosrangel63592 жыл бұрын
Not many people do these kinds of videos. Wishing the best for Karly!
@davisholman8149 Жыл бұрын
I am just happy to see such good looking people are re-producing!🤰🏼
@cindyeisenberg8367 Жыл бұрын
I got laid off and have a disability. That’s also why. My brother in law was on sick leave when laid off. This is a crazy time. Then, everything happens. Things break down more it seems. Or maybe more noticeable. The simple life is easier for me. I’d rather eat good meals at home and have a roof over my head. If I spent a lot of time eating out and shopping for clothing, I wouldn’t be able to survive, now. I dropped my magazine subscriptions, doing my hair and nails. You do need at least a 6 month to year’s money, in case you can’t find a job. Unemployment is hard to deal with. People are losing their shirts. I’m lucky, other than the multiple repair bills, I have a place to live. However, my next door neighbor is having trouble making her dues to live in the condo. But, I can’t worry about everyone else. I have multiple repairs bills , right now and have to worry about myself.
@naomirachel9161 Жыл бұрын
In Ontario, Canada unemployment is paid by you. Unemployment insurance comes from your paycheque while you’re working. It’s basically your own money
@jonross8925 Жыл бұрын
This is for anyone that want to listen,., I'm retired from the US Military after 24 years and get about $2890 per month of pension for life.,. If I decide to work after that then gets laid off from a regular job, then I can't file for unemployment, because I already have other source of income (my pension from the Military). is that fair? Please comment.
@kifkroker6483 Жыл бұрын
Wow... if I calculated correct, your tax (I assume you mean income tax) per moth was 6,4 %!!! Is this correct?
@sbkpilot12 жыл бұрын
2700 a month in unemployment!!! Here in TX it tops out at 2000 (500/ week). Also that's gross so watch for taxes owed later. Your sis is in a dual income household?
@create-ive49932 жыл бұрын
I have the same question
@noone-um4hk2 жыл бұрын
I'm glad I was smart enough to buy houses when I was in the military instead of staying in base housing, now that I'm out I can at least count on disability and rental income if I get laid off. I also have a 1 year of living expenses emergency fund for this reason. Also, the costco pizza is good for the price, I get it all the time lol
@winterheat Жыл бұрын
unemployment is 40% of past income? Does that mean if you are a software programmer, and is about $20,000 per month income, then you can still take $8,000 per month for unemployment? Does it last at most 6 months or 12 months? You know in California, for the past 30 years, it stayed at $1900 max per month, which is highly unfair, because the price the things went up 3x over 30 years but they don't increase that amount.
@winterheat Жыл бұрын
ok, I found out Utah has a weekly max of $580. California weekly max is $450. Colorado max is $618
@josephlim6854 Жыл бұрын
@@winterheat Yes there is a weekly max. Normally unemployment only lasts for 24 weeks or 6 months; but in the past congress has extended (back in the Great Recession they extended it to max 99 weeks.)
@lambrechta Жыл бұрын
I have never heard about a new Mom being laid off on maternity leave. That company has no class.
@auntlalanyc Жыл бұрын
Unfortunately it happens all the time even 20 years ago. The company does a "restructure" and change your job specs and proof your job is eliminated even on maternity or sick leave
@lambrechta Жыл бұрын
@@auntlalanyc wow, I guess I was lucky to work for a company that didn’t do that.
@ericahall17812 ай бұрын
As a Swede, I appreciate the Swedish system where we pay higher taxes and get benifits from the government. Parents gets 480 days paid leave for their newborn and your employer can not fire you because you're on maternity/paternity leave.
@TrackDayMaker2 жыл бұрын
Costco pizza is delicious and it’s only $10 for a whole pizza. My wife and I treat ourselves to it every couple weeks or so.
@josephlim6854 Жыл бұрын
I love Costco pizza too!
@chuckchan4127 Жыл бұрын
Whenever I got laid off, I learned new skills and got a IT certification.