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And that security threshold is much different for everyone. For example I'm not happy unless I have at least 12 months of runway to survive in my current state
by nickjj 8y ago
And that security threshold is much different for everyone.
For example I'm not happy unless I have at least 12 months of runway to survive in my current state without dipping into long term savings investments.
It just puts my mind at ease to know I don't have to think about rent, food, basic entertainment, etc. for a year at a time. Depending on what you do this could let you experiment without having financial motives. This is coming from someone who is a freelance developer for context.
- sidlls 8y agoThat isn't what is meant by security. Security means adequate housing (where "adequate" is clean with sufficient space for each person in the household to provide some privacy for hygiene, sleep, etc. and perhaps communal areas for cooking and laundry), adequate food (providing sufficient quantity and variety for thriving: neither excess nor deficiency, and not bare minimum), and adequate health care regardless of time frame. What you describe as your requirement for happiness is possibly well above or below what is meant here (depending on your lifestyle).
- heavenlyblue 8y agoIt’s called paranoia, generally. There’s probably at least 20% of the population of whichever country you live in who can’t have any savings beyond a single week after their payday. Statements like yours downplay the actual needs of someone in need.