this post was submitted on 07 Jul 2025

85 points (100.0% liked)

Ask Lemmy

33238 readers

1382 users here now

A Fediverse community for open-ended, thought provoking questions

Rules: (interactive)

1) Be nice and; have fun

Doxxing, trolling, sealioning, racism, and toxicity are not welcomed in AskLemmy. Remember what your mother said: if you can't say something nice, don't say anything at all. In addition, the site-wide Lemmy.world terms of service also apply here. Please familiarize yourself with them

2) All posts must end with a '?'

This is sort of like Jeopardy. Please phrase all post titles in the form of a proper question ending with ?

3) No spam

Please do not flood the community with nonsense. Actual suspected spammers will be banned on site. No astroturfing.

4) NSFW is okay, within reason

Just remember to tag posts with either a content warning or a [NSFW] tag. Overtly sexual posts are not allowed, please direct them to either [email protected] or [email protected]. NSFW comments should be restricted to posts tagged [NSFW].

5) This is not a support community.

It is not a place for 'how do I?', type questions. If you have any questions regarding the site itself or would like to report a community, please direct them to Lemmy.world Support or email [email protected]. For other questions check our partnered communities list, or use the search function.

6) No US Politics.

Please don't post about current US Politics. If you need to do this, try [email protected] or [email protected]

Reminder: The terms of service apply here too.

Partnered Communities:

Logo design credit goes to: tubbadu

founded 2 years ago

MODERATORS

[email protected]

At your current rate of spending, for how long could you survive without income? (feddit.uk)

submitted 4 days ago by [email protected] to c/[email protected]

61 comments fedilink hide all child comments

If you have investments, let’s treat those as liquid cash for the sake of argument. Otherwise, the assumption is that you’re not selling property or possessions, but continuing to live as you do now.

(page 2) 14 comments

sorted by: hot top controversial new old

[–] [email protected] 2 points 4 days ago

Maybe one year

[–] [email protected] 17 points 4 days ago

The rest of this month.

[–] [email protected] 10 points 4 days ago

If im lucky its about 2 months.

[–] [email protected] -2 points 4 days ago (1 children)

About three fiddy.

load more comments (1 replies)

[–] [email protected] 7 points 4 days ago

A month?

[–] [email protected] 20 points 4 days ago

I’m still recovering from the mistakes I made 8 years ago, for another 3 years maximum, so no savings,

[–] [email protected] 46 points 4 days ago (3 children)

I just ran the numbers for the first time ever, and it adds up to 34 months - which I realize is a pretty privileged place to be. However, I’m by no means rich; I just live well below my means and invest all my savings.

[–] [email protected] 10 points 4 days ago

I'm in my mid 40's.

It's not particularly uncommon for people in regional Australia to own their own house with no mortgage by my age.

It's pretty tough to find a family home that costs less than 10x average wage.

So, as a kind of line in the sand I'd say maybe a third of 45 year olds living in regional Australia could "survive" for 10 years with no income.

[–] [email protected] 25 points 4 days ago (8 children)

Dude, you are rich.

load more comments (8 replies)

[–] [email protected] 5 points 4 days ago (3 children)

How do you know how to invest? Asking for a friend.

[–] [email protected] 23 points 4 days ago* (last edited 4 days ago) (4 children)

I don’t. I do it the boring way - buying cheap, highly diversified ETF index funds.