Laid off from my tech role, I face high monthly costs. Roommate rent and savings provide relief, but upcoming choices, including a possible property sale, are crucial.
I have been in a similar situation where the loss of a steady income forced me to re-evaluate my monthly commitments. In my experience, engaging in an open dialogue with mortgage lenders can lead to temporary payment relief or even restructuring options that are better suited to the current economic reality. I also found that consulting a financial advisor helped me better understand my alternatives, including weighing the pros and cons of selling property versus pursuing additional income streams. Such proactive measures can provide clarity and stability in uncertain times.