Whenever I read articles like this and the ensuing "just relax and go have fun/travel" comment chains, I think to myself I'm living in an alien universe. Not having a job is a pants-on-fire emergency, and I would be interviewing 24/7 until I corrected it, even if the hiring market meant that was hopeless. I'd be a nervous wreck until I found a job, any job.
It's absolutely wild to see people 1. with the privilege of having $80K in liquid savings to just... chill while unemployed, and 2. with the willingness and mindset that allows them to do that chilling without freaking out. Total Zen Masters you all are. I couldn't do it.
Every $10K I blew through while unemployed, I'd be thinking to myself: Accounting for time value of money, that's just pushed out my retirement date by 3 more months.
EDIT: I guess I should add that I'm married with a kid, since that obviously does affect the math on this one. Still, I don't think I'd change my opinion if I was single.
It's absolutely wild to see people 1. with the privilege of having $80K in liquid savings to just... chill while unemployed, and 2. with the willingness and mindset that allows them to do that chilling without freaking out. Total Zen Masters you all are. I couldn't do it.
Every $10K I blew through while unemployed, I'd be thinking to myself: Accounting for time value of money, that's just pushed out my retirement date by 3 more months.
EDIT: I guess I should add that I'm married with a kid, since that obviously does affect the math on this one. Still, I don't think I'd change my opinion if I was single.