With nothing to light a fire under your butt, you have to sometimes create your own crises because simply setting deadlines when you don't need to pay for anything doesn't have any real stakes. This is coming from personal experience- I've been constantly job hunting since 2015 with no FT offers in software development, despite having 8 years experience from 2007-14. Job hunting now just feels like going through the motions and I'm burned out from so much interview practicing.
I have the potential to turn down offers because of my situation of not needing to pay for almost anything, but I can only take advantage of that if I get offers to begin with. Whatever approaches I took in the early 2010's to get work aren't effective anymore and I'm still in the process of discovering what will work for me today.
It's an unfortunate reality that it's become impractical to match this advice in all circumstances. When I was young I found that
a) I had to live within an hours drive of a city with jobs to get jobs in that city b) There were 1/100th to 1/1000th the number of jobs available if I stayed with my family. c) Minimum rent + student loan payments + heating bills exceeded what an "easy" job could cover.
I ended up not paying the student loan debts for about a year and recking my credit, but I was ultimately able to get a job. People with mortgages, families, or other fixed expenses can likewise not stay unemployed forever in the modern world.
As an experienced hire, if you take a big down-level for expedience employers will question it in the future.
To turn this into an advice for people interviewing without a safety net: get a safety net. It can be a job that is easy to get, a rent that is easy to pay, just make sure that you can live by that situation indefinitely. You need to leap from there. You need to be able to turn down job offers to be able to negotiate.