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Author: AngryGeek One star, 50 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 308230  
Subject: Re: Hypothetical Budget Question Date: 10/9/2013 5:13 PM
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I am also on furlough, and will be until the shutdown ends. I have enough saved to maintain my current lifestyle until December. So I haven't considered cancelling my cell phone, internet, Netflix, or satellite tv. All of which have helped me keep sane the last few days.

However, I have reduced my discretionary spending in other ways. I am delaying other types of spending. I am working my way through staple foods that I bought in bulk when they were at low cost (canned soups, frozen meals, etc). No restaurants, fast food, or delivered pizza for me during the shutdown. I have put off any type of purchase on things like video games, clothing, replacement computer, etc.

If furlough continues into November, then I will start looking for a another job. At which point, I will cancel my entertainment items like Netflix and satellite tv.

I am optimistic that this will be resolved before I am in real trouble because many more are operating on much tighter margins than me. But I am concerned.

I do believe that this will have a big impact on the economy. I am in better shape than most, and I have cut back spending. Next week, my agency will send out partial paychecks for the time people worked up until the end of September. After that, no more pay. The exempt employees are guaranteed to eventually get back pay. The non-exempt are likely to as well.

But the economy will struggle to deal with the decreased spending. Some non-federal workers supporting federal agency work will never be compensated for the pay they lose which will have an immediate impact on the economy.
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