Brad Bollenbach (![[info]](http://l-stat.livejournal.com/img/userinfo.gif){kind=small} bbollenbach) wrote,@ 2007-03-25 10:32:00 |
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Bankroll Management
I've always painted in broad financial strokes. Spending an extra half hour to save $20 is a net loss. Choosing to pay much less rent than I can afford, to have more flexibility to start a company, or spending an extra day or two to save $15K on a property purchase is worth my while. A penny saved is—literally—two pennies earned.
I also build my bankroll by increasing my hourly rate. As a hacker-for-hire, I shock and awe. I send out hundreds of CVs, if needed, to land gigs that hit that sweet spot between fun and profit. It's been several years since I've settled for anything less than getting paid well to do what interests me, in the comfort of my own home.
When you've got savings, you've got options. You can take time out to explore and try new things. You can choose what you work on and your boss becomes replaceable. You can Just Say No to bullshit.
I've always painted in broad financial strokes. Spending an extra half hour to save $20 is a net loss. Choosing to pay much less rent than I can afford, to have more flexibility to start a company, or spending an extra day or two to save $15K on a property purchase is worth my while. A penny saved is—literally—two pennies earned.
I also build my bankroll by increasing my hourly rate. As a hacker-for-hire, I shock and awe. I send out hundreds of CVs, if needed, to land gigs that hit that sweet spot between fun and profit. It's been several years since I've settled for anything less than getting paid well to do what interests me, in the comfort of my own home.
When you've got savings, you've got options. You can take time out to explore and try new things. You can choose what you work on and your boss becomes replaceable. You can Just Say No to bullshit.
