Digital Nomads

14 readers

1 users here now

founded 11 months ago

MODERATORS

communick@expats.zone

For freelancers when traveling how low does your saving account get before you begin to sweat? (alien.top)

submitted 11 months ago by AdComfortable6056@alien.top to c/digitalnomad@expats.zone

32 comments fedilink hide all child comments

What’s your comfort threshold for your savings account when digital nomading as a freelancer?vWhat number do you begin to really stress when it’s below?

you are viewing a single comment's thread
view the rest of the comments

[–] huggalump@alien.top 1 points 11 months ago (5 children)

When I was freelancing, every two weeks id swap from losing sleep because I thought I'd go broke and then losing sleep because I had too much work

[–] newmes@alien.top 1 points 11 months ago

True. This is because trading your time for money sucks and is difficult.

[–] ANL_2017@alien.top 1 points 11 months ago

Yep. Been a freelancer for 3 years and that’s the freelancer way: “feast or famine.” When it’s going well, I’ve made five figures in one month. When it’s not? I’ve sat on the toilet and cried while envisioning panhandling in Central Park.

But I try and keep $20k in a high yield savings account for big emergencies and $10k in another savings account that’s easily accessible

I also have two IRAs I can cash out if shit starts to look REALLY bad. But by that point I’ll just go home.

[–] JasonDrifthouse@alien.top 1 points 11 months ago

I am currently luxuriating in the brief shadow between the files I sent in last night, and the feedback I'll have to work on tomorrow morning. lol

[–] spiritual1fpl@alien.top 1 points 11 months ago (1 children)

I can relate. I'm living this right now.

[–] VixDzn@alien.top 1 points 11 months ago

Lol as you should be. It’s either or. So you’d always live this, wouldn’t you?

[–] saywaaaaaaat@alien.top 1 points 11 months ago (1 children)

What's the solution ?

[–] dio64596@alien.top 1 points 11 months ago (1 children)

Charge more

[–] Comfortable_Occasion@alien.top 1 points 11 months ago

Double entendre, brilliant.