Re:After losing my savings as an indie hacker, I can't do it...
by mbdesign on Sunday November 15, 2020 @04:14PM
(#25104907)
Would a co-founder in that case be beneficial? Assuming you both take the risk, it's less hard on you if it fails. Obviously pros and cons with this.
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Re:After losing my savings as an indie hacker, I can't do it...
by tomc1985 on Sunday November 15, 2020 @04:21PM
(#25104985)
Maybe, but I don't know anyone I would trust with that kind of thing
Honestly the safest option seems to be relocating to a third-world country where the labor and the cost of living is cheap, so that said money can be stretched out over a few years. Or waiting til that pile of money gets a bit larger and living off ramen for a while
Re:After losing my savings as an indie hacker, I can't do it...
by tpxl on Sunday November 15, 2020 @04:47PM
(#25105223)
>relocating to a third-world country
There is a large part of Europe (and I'm sure the US) where the standard of living is decent and you can easily get by on <15k€/year.
Re:After losing my savings as an indie hacker, I can't do it...
by wongarsu on Sunday November 15, 2020 @05:31PM
(#25105576)
Even in a lot of Germany you can live on less than 15k€/year, just not very comfortably. In Eastern Europe a frugal person can probably live on a lot less.
Re:After losing my savings as an indie hacker, I can't do it...
by bialpio on Sunday November 15, 2020 @05:14PM
(#25105433)
Average gross salary in Poland is ~$1400 if you are looking for options. But please do some research before relocating, current political climate is one of the reasons why I'm not really considering moving back there...
Re:After losing my savings as an indie hacker, I can't do it...
by tomc1985 on Sunday November 15, 2020 @05:43PM
(#25105679)
As much as I would like to relocate to Europe, I don't have a Shengen passport and I would prefer to avoid the kind of region-hopping one needs to do to live long-term on a tourist visa.
Right now I have my eye on either Latin America, rural Northern California, or Nevada. Humboldt area is very cheap right now, I am seeing 2br houses renting for $1000 and studio apartments for 3/4 that in Eureka (which isn't all that bad; I just visited)