|
|
|
Ask HN: NYC tips to reduce burn rate?
|
|
1 points
by SoftwarePatent
2522 days ago
|
|
I'm currently changing my NYC spending from "comfortable software engineer salary" to "startup founder" to prepare for someday leaving my job and concentrating on a startup. Current plan is to move to decrease rent (maybe go back to having roommates), cook instead of seamless, ride my bike more, and try to decrease my student loan payments. Anyone have any other ideas or tips? I've been a digital nomad before so I might do that too for a while once I get some traction, but I really like it here in New York for a lot of reasons, the QoL here is just phenomenal, best in the world. |
|
Rent may be your biggest spend, so focus on this first. However, do not move too far away as it takes away from your time.
Food can be expensive if you are buying out and using delivery. Buy food in bulk and prep once a week to save time and money.
Ride a bike is good if you are spending too much money on transportation. However, it is dangerous in NYC. Use the subway instead of cabs or Uber. Biking sometimes can also be healthy but be careful!
Compare Student loans vs. your other costs - if the rate is low, then it is ok to defer.