I did the maths. I would need $180,000 in HBD savings to earn an equivalent monthly interest income to wages I earned at my last job. I guess I need to write more.
I did the maths. I would need $180,000 in HBD savings to earn an equivalent monthly interest income to wages I earned at my last job. I guess I need to write more.
All the best to you :) It may take a long while to get to that amount but I believe it will be worth it.
If it helps, sharing links on the 3 microblogging platforms earns one a good reward when the GOSH hashtag is included with the link. Every bit helps, and it can add up quickly. Whether you stay or move, I wish you well on your HBD quest.
Ah, those are great ways too, one that I keep forgetting to do. Thank you for that.
I need to get back to sharing links to promote other people's content. I do it occasionally, but my plan is to do 5 a day. Posting the threads is easy; it's finding the links to then briefly explain in 2-part threadstorms which gets me.
All the best to you on that and I can relate. Need to read the post before being able to share links on threads via a mini-threadstorm.
Does it make sense4 to share the link of an old post if the author has been inactive for a long time? It may be good for SEO, bu I'm not sure if this situation is good for driving traffic.
If the topic is interesting, why not? Go for it and let's see how it goes :)
Thanks for sharing. This is the first I hear of this.
I think I might need to travel abroad to where I don't need as much income. And write about it.
That would be another way :) Travel and write about them 😉
It can be achieved
Thanks for reminding me to not limit myself.
I've done that calculation too. But I don't think you can count on the interest rate remaining the same forever.
You're right. I can't count on the interest rate remaining the same. I'll need to overcompensate to build a cushion.
That's about the same as me, and I've thought about that too, a lot 😅 Although ideally I think it would be better to have 2-3x more to really get away with living off of HBD interest alone and not have to work a day job.
True. It's better to have a bigger savings to account for interest rate changes or sudden large expenses. If we don't withdraw all the interest earnings, then it compounds.