26 karma · joined September 22, 2020
If Melvin Capital isn't bankrupt after all of this, there might just be A LOT of broke redditors who cashed in their lifesavings on this gamble.
I think it's more about finding the right people to network and be friends with (people with similar interests, other angel investors, etc.), regardless of city, and I think that's easier in larger cities. For example, I'm hesitant about Denver or Austin because of all the Leftists politics, which is why Houston/Miami is more appealing.
https://www.inc.com/magazine/201908/hannah-wallace/miami-flo...
Maybe Houston will have a better year after a bad 2020? https://www.houstonchronicle.com/business/article/Houston-s-...
I'm still considering lots of options, my lease is up in about a month.
Thank you for both of your comments! :)
After a base-level is established, you can have more "freedom" to either spend it on luxuries, or invest.
I personally am able to save/invest about 60-70% of my income/month, and I have about a 10% buffer each month available for "extras/fun/emergencies". If I have an expensive month (for example, December, which included a lot of travel and gift buying), then I just temper January's spending so that I can save more that month.
Use DuckDuckGo.
Buy from local/direct stores instead of Amazon.
Delete Facebook and Instagram.