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?
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?
25/m here with $320k in savings and a six figure contract income from long term clients. It definitly affords me a lot of peace of mind, even if I lost work, it would probably be a while until I really get nervous. Although I do really value saving and keeping a positive cash flow at all times.
I’m curious, is all of that $320k in a savings account or are you including money you have in investment accounts?
I consider both, as all are easy access and I could take it out at any time if I needed to. But I’d reach for my standard savings accounts first.