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No doubt about this, when I reached that part of the article I was startled with that relatively low amount of savings and the courage on starting a venture lik
by axetheone 6y ago
No doubt about this, when I reached that part of the article I was startled with that relatively low amount of savings and the courage on starting a venture like that... It can not be understated on how having enough money saved up really helps not only enduring periods with no money but also a much lower anxiety associated with that (you need to be in a good mental shape in order to do things after all).
- Aeolun 6y agoDepending on what point of your life you are at, $12000 could be quite a chunk of money. When I was 21 that would last me probably 20 months. At 25 it’d be down to 12. At 32 (with a family) I wouldn’t last more than 3 months. Luckily savings more or less keep up with spending :)