Originally Posted by
elmetal
Is a HELOC not an option for 12 months?
Originally Posted by
V1 McFlyerson
RE: HELOC. I think the poster might be coming from the perspective minimizing risk and hardship for his family. Instead of putting them into more debt maybe he could pick up some trips or earn some more money another way instead of further leveraging the home where his family sleeps. Just my opinion, of course.
-Pick up trips
-Uber while home
-Deliver Pizzas
-Cut the Cable
-TEMPORARILY give the household a budgetary haircut.
Just saying... If you have no emergency fund, car payments (300?, 500?, 1200?) every month, a few hundred in cell phones, and 200 in a cable tv bill, more debt is the last thing someone needs. Even though it's fairly predictable, a lot of things have to happen from the time you're given a class date and you're walking out of a successful probie PC.
Not that the above refers to the OP at all. For the OP, I think you have gun for Frontier. Your QOL, earnings, and flexibility would all be very very high at Frontier.
Never heard of/considered a HELOC.
I’ve been a pretty crummy position the last two years and am finally barely crawling out. Left a good paying job with a horrible schedule and no future for a “direct entry captain” job at a regional that turned out to be too good to be true. Ended up sitting for over nine months in training waiting while being paid $1,900/month. Blew all our savings, then got downgraded as soon as consolidation was done due to FO attrition. Went to another regional, sat for six months waiting on sims, making $2,500/month. Sold my truck. Sold furniture. Drove Lyft for six months. Kept the house at 65 degrees in the winter, wife hated me.
I’ve been through it. I’d love the opportunity to interview at F9 and really do think it might be a great fit for my family, just saying that first year is going to be ROUGH on us, and I’ve put my wife through a lot, including no Christmas presents this year, and we haven’t been out to eat together in over a year.