I have over 4K saved up and banked.
My EI Nets me 1350$ a month. "
You think 4k is a lot? You are actually bragging about having 4k in savings? You are banking on it only taking 3 months to find a job? Are you serious? I know people who’ve been out of work for a year. I know some who took 5 months to find a job, and some who took weeks. I know people in their 30s who had to move back in with their parents.
It doesn’t matter what your expenses are, you DON’T HAVE INCOME. You DON’T KNOW how LONG it will take to find a new job! You are making an assumption and you are threatening your very ability to buy food to live.
Why aren’t you looking for a job immediately? Why are you waiting? If you have extra money and severance, why lose it all when you could get a new job and all that money will be extra?
I got laid off in November, I immediately stopped buying anything I didn’t NEED and started looking for a job the SAME NIGHT that I got laid off. And let me tell you looking for a job takes at least 40 hours a week, it is hard and I was on the phone constantly following up leads.
I had a 6 month emergency fund and an 8 week severance, which meant I could live for 8 months, plus I had unemployment insurance. That’s at least 10 months where I could pay my mortgage and not work. BUT I had no idea how long it would take to find a job, what it took me over half a year but like you I assumed it would only take 3 months to find a job?
I found one and still have severance left over, and THAT money was extra to save some and buy some nice things I wanted. So I had 6 weeks worth of 2 paychecks, which was nice. After I had the security of an actual job, and made sure to build up my savings in case I get laid off again, I could spend the extra.
in short: don’t spend money on supplements or anything you don’t absolutely need to live until you find a job. Just buy food. UNLESS you relish the thought of moving back in with your parents. Just don’t take the chance.