ZestyQuokka
ZestyQuokka

At your current financial status, how long can you go without your salary?

2mo ago
22Kviews
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MagicalBurrito
MagicalBurrito
KKR2mo

Three years back, i did this social experiment. I had 30% in debt and 70% in equities. My projection was ,I will survive for another 5 years without any earning and let me pursue my passion. But once your money started diminishing fast, your level of confidence goes on toss. Within 7-8 months, I started earning again. All these calculations doesn’t work till the time every month you clock atleast something in your account. Fixed steady income is must for early retirement. It may be rental income or some other side income.

ZestyQuokka
ZestyQuokka

I agree. Last year, on paper I had 1 year of funds but by 4th month the anxiety kicked in bad.

MagicalBurrito
MagicalBurrito
KKR2mo

Exactly and when you have family ,this gets double upwards.

GroovyBagel
GroovyBagel
SAP2mo

My target is to reach this month end (somehow) 🥹

BubblyBoba
BubblyBoba

+1

DerpyPotato
DerpyPotato

+1

ZippyMochi
ZippyMochi

As long as parents don't kick me out I'm sorted lol

WigglyPenguin
WigglyPenguin

~15 years at current expense (around 1lpm)

ZestyQuokka
ZestyQuokka

How have you divided your funds?

WigglyPenguin
WigglyPenguin

80% equity + 20% debt

QuirkyCupcake
QuirkyCupcake

This month end 😂

PrancingMuffin
PrancingMuffin

+1

FluffyPotato
FluffyPotato

+1

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