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by keiferski
2742 days ago
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Yeah, it’s not really enough unless your expenses are extremely low. But if you’re okay with living in a private room (in a shared apartment) and eating all meals at home, you can live on $500 a month in many places in Portugal, Spain, Serbia, Hungary, etc. 3% is a reasonable rate to rely on, and 3% of $200,000 is $6,000 per year. In any case, that seems extreme. I’d recommend using the $200,000 as a 10+ year runway to build your business instead. |
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