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I was talking to a guy in a Chiang Mai cafe about his backup plan
He told me his main client dropped him last month and he had zero savings because he was 'living the dream' spending everything. He said, 'The freedom is real until your laptop breaks and you can't afford a new one.' That hit me because I'm three months into this and my emergency fund is maybe two weeks. How much cash do you guys actually keep on hand for real emergencies?
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grant46511d ago
It's the classic trap of trading security for freedom, honestly.
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taragibson11d ago
A friend of mine had a similar wake-up call (like grant465 mentioned) when her car needed a major repair. She was totally broke because she kept no buffer, which forced her to take a high-interest loan. Now she swears by keeping at least three months of basic expenses in a separate account.
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