I’m unemployed, living with my parents. If both my parents lost their jobs they would be able to hang in there for a while, but they’d be spending retirement money while doing so. I think they have been spending more than they make for the past few years. That is bad enough in itself.
We live in a rather expensive area, so if my parents sold the house and moved to a less expensive area, they could buy a decent place for a sixth of what our house would go for. The taxes would be a lot cheaper. But, it might take a long time for the house to sell. There are a lot of houses around here that have been on the market for a long long time.
I have a great family and someone would definitely take us in if we needed it.
If I were on my own:
If I’m seriously traveling I can go 80–90 miles a day in good weather on a fully loaded bicycle. With the exception of a new tire every now and then, transportation could be free.
I have enough in savings that I could probably get afford a cheap apartment and food for one month. If I couldn’t find a job in that time I don’t know what I would do.
My grandpa has a place upstate where I could at least have a roof over my head. I could probably find food. I have friends up there who would probably hire me for odd jobs if they knew I really needed the money. There wouldn’t be any hope of finding a regular job up there though.