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savings are important

Submitted by Chris W on October 10, 2007 - 07:38.

When I was an employee, I saved about 3 months of my income and quit my job. I ran through that income quickly as I worked on establishing myself as a freelancer, plus a move to a new apartment. 6 months of income is definitely the way to go. It's a terrible feeling when you look in all your empty bank accounts and at all your maxed out credit cards and realize you have nothing to fall back on.

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