/biz/ - Business & Finance

I'm done, totally burned out on employment. Quitting in fall 100% with the goal of taking a full year off. Sole supporter of a family of 4, wife says she can try to find work but frankly I make about $200k and she will at best get $50k somewhere, so it won't float us. More than likely she comes in around $35-40k and it'll take her time to find something, so I'd say at minimum 3 months of no income at all.

Right now our expenses are around $10k/month on average, so $120k/year, meaning we need a combined $170k or so before taxes. I don't think there's MUCH wiggle room to decrease expenses. We usually take 1 vacation a year for around $6k so there is that, but otherwise are fairly frugal. We'd have to totally uproot to cut COL down more, or send kids to public school which would be I think shitty where I live so the uprooting is actually more feasible.

I have currently about $700k in crypto and $350k equity in home. My plan was to sell like $200k of crypto and live off that (giving myself 2x buffer), but that was the plan when my account was still over $1.2 million 2 weeks ago or whatever. Yea, yea, I should have just sold it then. Too late.

Also original plan was I was going to rent the home, but now wondering if I should just let it go.

What would you do if you were me? Some levers

>Can sell home and move to a lower COL area
>Can sell any amount of crypto at any time.
>Can cash out $50k from a retirement account with early withdrawal penalty
>Absolutely can't work a FT job, but can pick up 10-15 hrs in PT work, probably consulting for around $75-100/hr - though this is really not ideal, want to make as much space as possible to enjoy family time and figure my shit out

>>57645755
lol, ok

keep typing then

>>57516887
the jannie won’t grant me freedom from my torment or entrapment either

when you’re in the cage, you’re in the cage
the torment and humiliation is deserved

I am all out of slurp money

Ok guys I got the message, you can all take it easy now

>>56531222
I thought it was one of those ai images generated by stable diffusion to look like the kraken. So I got in nice and close and even crossed my eyes a bit. I was so wrong.

>>56516991
>Some people are so far behind in the race that they actually believe they're leading.

I am abnormally broke. Is this plan feasible?

>Car is in the shop for a week
>Need to Door Dash for money
>no money for a rental

My plan:
>use Robinhood Instant to overdraft $500
>rent a car through my robinhood debit card
>work nonstop
>pay back the $500 and return the car or keep renting when I break even

I made the mistake of paying a bill that left me with only $35

why has nobody organized a giant blockade around the federal reserve building and made a protest that actually matters, the most close thing was Occupy Wallstreet, but they fucked it up because they were just based retards that gave up who had no clue about the bigger picture

im so tired of the fiat debt system its unreal

I just turned 29 and im pic related with only 14k total net worth

the only thing i own with no debt tied to it is my shitbox car.

fuck

>31
>34k
>usa
>210lb
>pic related

>29
>16k USD

According to you guys I'm supposed to be rich but in reality I just wage and stack shitcoins like the rest of you.