Expense tracking and a question about what you would do next

[Coordin]

Background: I've recently gained insight into how much freedom I can afford via expense/income tracking. Using just a google sheet and less than 5 minutes a day, I calculated out how much I've been earning in my day-job compared to expenses. Throughout the last couple years, I've managed to save a bit of money (~10k, but it's not entirely relevant to this). A couple days ago, out of frustration with my job, I decided to see how long I could survive (rent, food, etc expenses) when I quit. Which came out to about 4 months (through the end of my lease). Once this month is out, I will have quite a bit of downtime in my day job which could go toward building something, freelancing, maybe some education - while still bringing in a paycheck.

My question: What would you do? Either quit with the 4 month backstop and spend all your energy on the next thing. Or, keep the job, therefore the income, and have a little less time and energy to spend on the next thing until it can support you?

I see this as a risk-tolerance question more than anything. However, I've been getting mixed advice from the people around me, so I wanted you all's perspective.

Thank you! Cheers

 

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[Cano]

My question: What would you do? Either quit with the 4 month backstop and spend all your energy on the next thing. Or, keep the job, therefore the income, and have a little less time and energy to spend on the next thing until it can support you?

make your business pay for you expenses FIRST and then quit the job.

if you asking right now "should i quit my job to start a business" then hell no.

believe me or not but the time after work is enough.

 

[Roli]

I have done this many times, 3-4 months is enough for me. Quit and go for it I say.