If You Were Unemployed, But Had A Hefty Savings Of 10K, In What Ways Would You Approach Your Job Search Differently?
If You Were Unemployed, But Had A Hefty Savings Of 10K, In What Ways Would You Approach Your Job Search Differently?
What everyone in this comment section calling out “10k isn’t much” are failing to understand is that over 60% of the USA live paycheck to paycheck and don’t have any savings to speak of. Extend that to the world and you would go pale.
Check your privilege and get educated.
Even 4 in 10 high-income households earning more than $100,000 are living paycheck to paycheck, a new study finds.
I used to say 10k is enough to solve one major problem in my life and that was it. Enough to bailout a relative, enough to move across the country for a new job, enough to rebuild after a fire/flood, enough to buy a reasonable car in cash. 10k is not just money, 10k is a force in its own right. It represents one thing that should destroy my life or someone around me life nd make it go away.
Many years ago my wife wanted to finish her degree and she made 2k a month. I gave her my ten thousand and told her to focus on studies for five months. Worked out.
With inflation it is probably 15k now.