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Yea, 150k. I thought I had enough savings to last about 2 years; I was wrong so I am seriously cutting back. If mainly feels like its going fast because I was
by spotted_at 16y ago
Yea, 150k. I thought I had enough savings to last about 2 years; I was wrong so I am seriously cutting back.
If mainly feels like its going fast because I was accustomed spending what I want and not seeing my bank account drop.
Now that I don't have anything coming in thats not the case. The impact of what I spend is much more visible now.
- exit 16y agowhat kind of consulting do you do? how much of 150k were you saving annually?
- spotted_at 16y agoI mostly work for banks and sometimes do military contracts. My last contract was with northrop grumman in SD and before that BOFA in charlotte. I saved appox. 36k a year.
- exit 16y agocool. can you be most specific though? did you write software for banks/"defense" industry, or did you tell them what kind of software to write, or did you tell them how to wire their networks, etc.
- spotted_at 16y agoMost recently I was doing data mining and warehousing for a new reporting system @ bofa. Before that at NG I was part of a team developing firmware for gas detectors.
- jasiek 16y agoSame thing here, except I found out I was burning too much about halfway through my savings. Since then I realized I have to pay more attention to how I spend money. I'm glad this happened - it is unbelievable how much gets thrown away on stuff I don't really need.
- rdl 16y agoI just went from "full time deployed contractor wage" to "use up vacation time, regular wage", and in a couple months, will go to no income. I should have 2 years of savings and no debt (finally!), but it's still scary. Every single dollar spent is less runway. If I don't have income from my startup by next fall, I'll probably be doing consulting or getting a job, or at least seriously looking for one.