My back-up plan was my home equity line of credit. I was using it to make ends meet. However, I received a notice last week that property values have dropped so much that I currently have negative equity of $23K and my line of credit is now suspended. So much for the $75K I used as a downpayment, eh? If I had been renting for the past 3 years, that $75K could have been put into a high interest account, but as of right now...it's gone, baby gone.
Thank goodness that I received my Fed return last week. That will help a little, but not for long. Sweetface may be having to get herself a PT gig when the summer is over.
But does all of this really matter, though? The end is soooooo close that I may just quit my job today and live off of my credit cards during the rest of this system. I just hope that the CEO of Bank of America doesn't make it into the new system.