Was there a moment you said “ok it’s not worth it”? What was your income/savings ratio?
Yes, many times. The startup wasn’t getting traction, so we shut it down. Then, years later sold the domain name for mid-six figures to recoup our investment. Another time, my husband was burned out, so we sold his law firm and consulting company. Our expenses have always been less than one income, so we either lived off of one income for a while, or had six+ months of living expenses saved up. We live in SF, so your situation may vary.
Neither of those seem to be golden handcuff situations
Well run law firms are cash cows. Monthly distributions of $20K-$50K gets addictive fast.
Yes. Google went batshit crazy so I quit a few months ago and have been unemployed since. I was there for 5 years and invested what I didn’t need. Spent maybe 20-25k per year? Maybe 30k? I feel like I could live off what I have until I die unless the global economy explodes or something. I’m 29, no family, no debt, no property, no health issues. People judge me for being unemployed but all my friends are mired in debt and shit jobs. Meanwhile 90% of people at Google will never quit working until retirement. Their magic net worth number just inflates like the debt ceiling. No regrets. Y’all some kinda indentured servants—this little piggy done bought his freedom and ain’t lookin back. I’ll do whatever I want for a while before I move onto whatever I feel like pursuing, which may be “nothing”. ¯\_(ツ)_/¯ Oh I also stopped paying for health insurance because COBRA or whatever cost like $11,000/yr or something moronic and there was literally no way to figure out what I was actually paying for. Not going to work just for the “privilege” of having this covered when I never go to doctors anyway. The concerned ‘rents tried to sign me up for the cheapest Obamacare package but the website didn’t work 😂🤣🙃. If I get hit by a bus or catch the aids maybe I’ll lose all my savings. But they won’t find my crypto. And also, idgaf. Imho: good, fulfilling job > debt-free unemployment > all other employment
What’s your networth? Are you in US?
Yes I’m US. Not sure net worth, would have to log into all my accounts and I’m watching TV. I had the standard L3->L5 TC for a google SWE. Didn’t auto-sell, invested savings in mutual funds. Market has nearly doubled since I began. Maxed 401k always and got in early on some crypto stuff. Maybe approaching $1M but it’s not relevant to my daily life. If I ever want a house I’ll get a fixed rate 30yr mortgage since the inflation-adjusted interest rates are hilarious. EDIT: Yes would like a family later but after a couple years on the apps I’ve decided to stop looking actively. Might go back to school for something and try to meet someone there, but damn, it’s bleak out there, kids. Also I’m gay.
Worked for Amazon for 6 years. Saved $425,000. Moved back to india and exploring alternate career options. Never been happier.
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