Re:Going from $110k to $24k for more skin in the game
by pirate787 on Thursday October 07, 2021 @09:46AM
(#28786164)
Yeah the author seems to think going to a poverty wage will help him focus.
[ Parent
| on HN ]
Re:Going from $110k to $24k for more skin in the game
by danjac on Thursday October 07, 2021 @09:58AM
(#28786319)
Unless they have significant savings and/or some passive income, or they don't have family and can live with their parents or adopt a very frugal lifestyle, they will find their focus distracted by worries over everyday things like rent and bills. They are more likely to make poor short-term decisions, or have to supplement their income to do things like consulting or part-time work, to literally keep the lights on.
As an investor I'd be very concerned by this move.