Early 20's, just left job with 100k savings. What options do I have? - G'day,
I'm early 20's who climbed the corporate ladder quite fast and have decided to step down in pursuit of exploration, happiness and general freedom for myself to look for what really makes me fulfilled before committing myself too deep again.
My situation is this:
Total Savings/Assets: Around 100k
* Cash: 70k
* 2 Old Toyotas (1 being sold, other in use and high maintenance cost, undecided what to do with it yet): 25k
* House appliances + furniture: 10k
* Income trickle from ex job (commissions): 5k.
Total Expenses: $900 p/w.
* House (rent + bills): $550 (house to myself)
* Transport: $90
* Food: $170
* Personal (health, clothes, subscriptions): $90
I do not have a clear idea of what is next, travel, study, mundane job to get by, charity work.
My main concern at the moment is not throwing away my savings and earnings from this job and having to start fresh, or having the constant financial pressure while i'm exploring new options.
Any advice is welcome, what would you do? How would you handle this situation?
Am sole trader, so tax time is also a consideration.
Berkshire is hoarding so. much. cash.
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