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This was a great read. The part where he tried to kill himself by the fountain and the gun jammed, wow. I wasn't expecting that. I am glad the author is doing o
by DigitalSea 11y ago
This was a great read. The part where he tried to kill himself by the fountain and the gun jammed, wow. I wasn't expecting that. I am glad the author is doing okay now, it is a reminder that this can happen to anyone at any-time.
As a developer I have had my fair share of job losses over the years, but the one thing that got me through each and every job loss? Savings. I can't stress how important it is to save money. It doesn't matter if you're on $100k or $50k per year, try and at least save a little bit of money from each paycheck.
Recently I was contracting for a startup, like the OP I was earning some serious money, around $10k per month (Australian Dollars) after taxes. After paying my bills, I would set aside some entertainment money, money for a months worth of food/fuel and I would move the rest into a high interest savings account (the interest rate would increase when you cleared a certain balance level) after six months unexpectedly the startup announced they were done, the contractors were fired immediately and employees given a nice 4 week period. I was a contractor, so I had no notice, just a "Thanks for everything"
Usually my first instinct would have been to panic, but living moderately after all of my expenses, I had about 12 months worth of runway. It took me 2 months to find another job, not paying as much, but I didn't struggle. Always save something, because for most of us it isn't a matter of when you'll need it, it is a matter of when.