But if you've accumulated debt and created a standard of living on one salary, you can't simply take a pay cut until you've cleared your debts and made the decision to scale down.
I’m thinking that it’s quite possible that he could qualify for the $5000 incentive that DeSantis was offering, although that might strictly have to do with vaccine and mask mandates.
“But if you’ve accumulated debt and created a standard of living on one salary, you can’t simply take a pay cut until you’ve cleared your debts and made the decision to scale down.”
The best advice for anyone is to live below your means and save for a rainy day. If you lose your job you then have time and options. You also have the potential to retire early.