Finance: Difference between revisions
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This is going to be really hard and take a ton of work! Make it enjoyable work. | This is going to be really hard and take a ton of work! Make it enjoyable work. | ||
First Steps: | |||
# Reduce Spending to $5k/month | |||
# Stabilize 2h/day Sophos | |||
Next: | |||
# Housemate (all rental income into emergency fund, then new house fund) | |||
# Earn next level at Sophos FinOps | |||
After That: | |||
# Pursue Speaking Opps | |||
# Reporting Services for ppl like Dr Girnita, soft-automated | |||
=Emergency LOC= | =Emergency LOC= | ||
Revision as of 00:37, 3 October 2025
Really Hard Goal: $5 Million By 65
This is going to be really hard and take a ton of work! Make it enjoyable work.
First Steps:
- Reduce Spending to $5k/month
- Stabilize 2h/day Sophos
Next:
- Housemate (all rental income into emergency fund, then new house fund)
- Earn next level at Sophos FinOps
After That:
- Pursue Speaking Opps
- Reporting Services for ppl like Dr Girnita, soft-automated
Emergency LOC
- Interest rates for LOCs are almost always variable and vary widely from one lender to another.
- LOCs do not provide the same regulatory protection as credit cards. Penalties for late payments and going over the LOC limit can be severe.
- An open LOC can invite overspending, leading to an inability to make payments.