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Are you an entrepreneur with a profitable business or successful exit? If not, 30K might represent 6-12 months of personal runway to build your own business.
by theunixbeard 8y ago
Are you an entrepreneur with a profitable business or successful exit?
If not, 30K might represent 6-12 months of personal runway to build your own business.
- charlesdm 8y agoHe's not going to buy his wife a $30k engagement ring if he's earning $30k a year...
- theunixbeard 8y agoYou don’t save 100% of what you earn. 50% is considered very good, but in consumer focused America some people might save only 10% of their income (thus for a 100K income to save 30K represents 3 years of savings obliterated).
- throwawaymath 8y agoSuccessful exit.