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comment by eqdw
eqdw  ·  3299 days ago  ·  link  ·    ·  parent  ·  post: What Do I Do Now? After College.

Dude, with $5k in the bank and $2k in accounts receiveable, you're in a substantially better financial position than most recent college grads. I can't give you advice on what to do (others said it better below, and tbh I'm in the same boat as you on this), but I will give you advice on that cash: SIT ON IT. Or invest it. But do not, do not spend in.

It's a really really good life policy to have 3-6 months cost of living in assets you can quickly turn to cash if you need to. It's the difference between being one car repair away from missing rent, versus taking it in stride. Keeping a buffer like that removes an existential risk from your life and lets you just not worry about it. This is unimaginably valuable