Confessions of a Laid-off Lawyer

Just Your Average Joe Blogging Away His Debt—In One Year or Less

Archive for November 5th, 2009

A New Day Has Dawned

leave a comment »

Total Black: $450.75
Total Red: $230,611.32

Unemployment benefits came through overnight.  New York state pays $405 a week maximum regardless of how much you earned last year.  Given that I owe back taxes, I’ve opted to have federal income tax withheld from my unemployment payments.  That means I net about $385 or so.  Three hundred of that is already promised in checks I cut this morning.  $199.61 to the law firm I worked for, for my monthly COBRA payment.  I also sent $50 to SallieMae and another $50 to a credit card.  That leaves me with approximately $85 until next week’s $405.  But I’ve been making ends meet on less, so that’s a near jackpot.  I have to use some of that for dry cleaning.  The rest will probably go for food.  That’s alright though.  Rent’s already been paid.  Living in Manhattan I don’t really have commuting expenses.  Utilities aren’t paid for yet, but that can wait until next week.  And I do have the interview later today for the temp job.  Things are stable for the moment.  Keep reading . . .