If You Were Unemployed, But Had A Hefty Savings Of 10K, In What Ways Would You Approach Your Job Search Differently? (lemdit.com)

submitted 11 months ago by PrettyBlackDress@lemdit.com to c/asklemmy@lemmy.world

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The point is not to chill and just burn through the savings and not work. How would having that much money saved, change the way you look for jobs?

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[-] Arotrios@kbin.social 15 points 11 months ago

10k will last you about 3 months comfortably, 6 if you're single and willing to scrimp or live in your car. That's your time limit to get a new job.

I had about 3x that saved and took a year off after working a decade at my previous position (I was pretty burnt out and hadn't been able to take more than a week off since I started). Having that padding gave me the time and peace of mind to look for something I really wanted, and gave me the freedom to turn down offers that would have put me back into the burnout cycle.

I ended up with a full WFH position with a 50% bump in salary. Within a year, I made back what I had spent simply by maintaining my budget from my previous salary.

If I hadn't had the cushion, it would have been pedal to the metal and accepting the first position offered, and I would have likely hit burnout before a year was out.

this post was submitted on 02 Sep 2023

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