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How much do you consider to be a decent war chest?
Mainly motor-sports and aviation. Both of which cost a damn fortune!
Fair play! Nice way to spend the time.
I quite fancy taking 6 months off, but still quite concerned that even if I had the money, I'd spent the next 5 years explaining and proving to employers why I had the time off/what I did/that I wasn't actually in prison, etc, etc.
Fair play! Nice way to spend the time.
I quite fancy taking 6 months off, but still quite concerned that even if I had the money, I'd spent the next 5 years explaining and proving to employers why I had the time off/what I did/that I wasn't actually in prison, etc, etc.
Me? 23 years contracting. No wife & kids to support. No mortgage. No debts. Live cheaply (as I don't really need anything I don't already have.)
And yet...
I consider a warchest of 20k to be scarily low.
I consider a warchest of 50k to be slightly less scary.
I consider a warchest of 100k to be adequate.
But then maybe I've just never been 'settled' into this contractor lark. Only the paranoid survive, and all that.
I remember one guy posting on here a couple of years ago sounding nervous as he'd just been told his contract wasn't being renewed. He said he had a warchest of £300k - and yet still he didn't feel 'safe'. Just goes to show. Each to their own, I guess.
Dude, with 23 years in the bag and no wife and kids, you should be retired!!!! Especially if you live cheaply. Unless you have some expensive hobbies like flash cars or expensive holidays....
whoops...okay didn't bother reading you second post...
really long breaks are worth it...that's what life is all about..
Last edited by wantacontract; 22 February 2012, 23:52.
Reason: okay didn't bother reading you second post...
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