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I have prepared by networking and making sure that I can work remotely. Spending a lot of time on refining my skills, and making sure I get noticed. I'll also b
by fbrncci 5y ago
I have prepared by networking and making sure that I can work remotely. Spending a lot of time on refining my skills, and making sure I get noticed. I'll also be moving to SEA very soon, where if its absolutely necessary could live spending 1/8th of my current salary. However, more reasonably, 1/4th of my salary spend on base necessities and food is probably what my budget boils down to. In case I do lose my job, I'd have about 5-10 years in savings. If I'd stay where I am now, I am not comfortable in saying that the same amount would even carry me to 2 or 3 years. Not counting emergencies.
Seeing prices rising everywhere is a pretty scary sight. I earn a decent amount of money, but I can't buy a house, and renting an apartment is so expensive that I would need to look for another job, with a higher salary first. Then I am not even addressing the energy costs or the food prices. It feels like such a hopeless situation. Moving somewhere "poor" (excuse me for using that word), is what feels the easiest way to offset any possible inflation in the short/medium term. In 5-10 years from now, I will move back with savings; unless of course I have grown too fond of SEA