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A comment on 90% of My Skills Are Now Worth $0. Parent comment

Re:90% of My Skills Are Now Worth $0 by coldpie on Wednesday April 19, 2023 @01:14PM (#35630708)
Sure. The advice is the same as it ever was: spend well below your means, build up a savings buffer (>= 6 months of expenses), eliminate debt ASAP. The advice is what it is, exactly for situations like the ones you're imagining. No need to put your life on hold.
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Re:90% of My Skills Are Now Worth $0 by SirMaster on Wednesday April 19, 2023 @02:23PM (#35631544)
"eliminate debt ASAP"

This doesn't seem like the best advice IMO.

Debt is like one of the best tools that exists to grow your wealth.

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Re:90% of My Skills Are Now Worth $0 by coldpie on Wednesday April 19, 2023 @02:53PM (#35631871)
That's fair. I'm viewing it from the perspective of how to protect one's self from sudden & possibly long-term job loss, where I think there's a lot of value in having one less thing hanging over your head during a stressful time. But building an even bigger buffer to further weather that period is a fine strategy, too.
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