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.
I agree. Last year, on paper I had 1 year of funds but by 4th month the anxiety kicked in bad.
Exactly and when you have family ,this gets double upwards.
As long as parents don't kick me out I'm sorted lol
I have a runway of about a year. 22 LPA, 2 Yoe.
Can pay rent & home expenses, groceries, subscriptions, Lifestyle - Breweries, 2 trips, cult membership & protien shakes Family - Can give gifts & cover current medical costs.
I work in a slowing industry (Ed-Tech!) in a generalist role (Project Management!) for half a decade now! You'd think I would be better positioned to deal with life! Heck, NO!
This crippling feeling of insecurity or job loss always put...
There’s only one solution! Private employees need a union.
Hum to fakeer Aadmi hai, jhola utha ke chal padenge
Just my opinion, might be wrong too. A soft layoff is mostly dependent on your manager and skip manager. When a ...
I come from a poor background, but somehow I worked extremely hard and now I earn decently well (above 60 LPA cash).
My problem is- I don’t mind spending on others. In fact I don’t even think twice before taking my card out and buy...
Do whatever good keeps you happy. I think there's nothing to worry, it would naturally come to you on how much you ne...
Nothing wrong, do you have peer pressure from family/frirends to save more than they are doing or do you have a num...
1. Set certain % of earnings per month to yourself. 2. Make sure you use that money only on you. 3. Don’t live i...
