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TopicRainy day fund
ParanoidObsessive
08/10/20 9:23:06 AM
#6:


Way, way, way more than 12 months.

If I never held a job again for the rest of my life, I could probably live more than a decade at my current cost of living (I tend to be pretty spartan in spending). Longer if I started scaling back my lifestyle to even more severe cost-cutting.



Dragooncancer_ posted...
It also helps that we're like the unicorns of millennials in that neither of us accrued any student loan debt.

My status tends to fluctuate between tail-end of Gen X and very beginning of Gen Y depending on which cut-off date you choose to use (which is what happens when generational divisions aren't actually official measurements in any way, and aren't standardized by any one single group or organization), though most modern interpretations tend to count me pretty firmly as part of Gen X.

But if I am counted as a Millennial, I'd fall into that same category. Tons of scholarships and going to a relatively economical university meant I never really needed student aid, and any debts I did have were cleared years ago.

Can't even say "Yeah, well, you came from money and your parents paid your way through college" in my case, because my dad was a blue-collar factory worker and my mother was an unemployed housewife - they weren't rolling in disposable cash. It's part of why I tend to live somewhat below my means - I got used to having to save and avoid extravagant spending when I was growing up. And I've always had a compulsion to pay off whatever debts I do have as quickly as possible to clear accounts (part of why I now own my house outright rather than having an outstanding mortgage).
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