Comment by mock-possum
10 hours ago
Woooooooow good for you.
Must be nice to have quitting money.
I’ve never once been able to afford being able to quit a job, and I’m like, closing in on 40 now.
10 hours ago
Woooooooow good for you.
Must be nice to have quitting money.
I’ve never once been able to afford being able to quit a job, and I’m like, closing in on 40 now.
I once quit a job because it was toxic. At the time, I was saving so I could start a business, but the environment became so toxic that I needed to walk out much earlier than planned.
My "6 month" runway ended up lasting a lot longer, mostly due to the stock market taking off. I ended up living off of interest for 18 months. By the time I admitted to myself that I wasn't much of an entrepreneur and needed to go work for someone else, I hadn't taken too much out of savings. I also had straightened out my head quite a bit, so I was able to figure out what kind of salaried jobs made me happy. (And paid enough for me to live a good life and save.)
I really encourage you to see if there's a way to adjust your finances so you can live more cheaply, save, and then live off of your interest for a period of time to get your head straightened out.
>By the time I admitted to myself that I wasn't much of an entrepreneur and needed to go work for someone else
This took me about two decades and two companies to discover, about myself.
Good timing and luck have also given me a much longer runway than I ever anticipated having. Mostly just need to work for my sanity and health benefits (at this point).
I hope you get there. Depriving most workers of the ability to step away is, it seems, a purposeful feature. But you can get lucky, and I hope you will.
You just need to limit your expenses more.
It’s possible to live on $1000/month in the USA if you have a shared bedroom, dine-in, and skip medical insurance.
Medical insurance is a basic necessity. Advising someone to skip that is irresponsible and degrading.
I would only 100% agree if this person had dependents (that medically rely upon his benefits).
I live on about twice that in a mid-sized US city. Own my car, rent in below-average part of town.
The "just stop eating avocado toast" advice is neither helpful nor thoughtful, friend.
That’s not “just stop eating avocado toast” advice. It’s advice to cut extremely high expenses.
Avocado toast advice is dumb because it’s an expense that doesn’t move the needle.
1 reply →
$1000/mo? Pff, that is luxury. Live on the streets, dumpster dive, forage and hunt for food, eat every other day, and you can get that down to $0. If you really need income you can take up sex work. $1000/mo, imagine!
Similar boat, but I'm finally at the point where I think I can just walk out. Just stay on the job hunt and you can get there. I went from musician living on the cash in my pocket with 4 roommates to $110k in 10 years. You'll have to job hop, you'll have to grind some self-learning, but you can do it.