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By "get traction on side projects" I'll go with the assumption that you mean "enough to quit your day job." (If that's not correct, then this advice may not app
by gallerytungsten 14y ago
By "get traction on side projects" I'll go with the assumption that you mean "enough to quit your day job." (If that's not correct, then this advice may not apply).
Simple answer: save six to twelve months of living expenses from your day job so you can quit. Then you'll have plenty of time to make traction happen with a side project; and turn it into something real. Cut expenses as much as possible so you can build up your savings to the required level.
More complex answer. Compartmentalize your day job into the hours you put in there. Look at all other time as side project or freelance time. Get rid of all debt, if you have any. Getting out of debt is one of those liberating things that will make quitting your day job much easier. This second option is more time-consuming. You might find yourself taking on more responsibilities that you can't easily escape. Try to find a way to quit your day job sooner, rather than later; otherwise you may never quit.
- program247365 14y agoPart of me agrees with your assumption, that, yes, that is the ultimate goal for me…and perhaps it is. I'm taking this advice right now, as far as the debt reduction. But need to really get a consistent freelance gig going to get that kind of savings. Honestly, we've been cutting costs everywhere and it really does help in the long run. I'm ok with waiting a few years for this to happen, and that's probably the more likely reality for me. Thanks!