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Updated about 7 years ago on . Most recent reply

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Amanda Whiteley
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How to leave your W2 job tips

Amanda Whiteley
Posted
Are you one of the lucky ones that has left their W2 job? How did you do it? What is your advice to those who are considering it? What was your “number” you needed to reach before you left your 9-5? Drop a line and let’s make this topic huge for anyone who is thinking about it, what’s holding you back?

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Corby Goade
  • Investor
  • Boise, ID
3,226
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Corby Goade
  • Investor
  • Boise, ID
Replied

I think the difficult thing for many people is health insurance, especially if you have a family. Also, without W2 income it can be very difficult to get a loan. That said, I think most people would be surprised at how close they can get if they eliminate monthly payments and increase their monthly cash flow. If you are working three miles from your house and make $45k per year, do you REALLY need a $60k BMW? Many people trade a "nice" car for freedom, which is downright silly.

  • Corby Goade

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