The most prestigious law school admissions discussion board in the world.
|
 |
 
|
Jodi Ettenberg saved $30K before leaving biglaw
| Mahogany macaca | 04/21/14 |
| Mahogany macaca | 04/21/14 |
| Vivacious Jew Senate | 04/21/14 |
| Mahogany macaca | 04/21/14 |
| Vivacious Jew Senate | 04/21/14 |
| Mahogany macaca | 04/21/14 |
| Transparent Mind-boggling Hominid International Law Enforcement Agency | 04/21/14 |
| Mahogany macaca | 04/21/14 |
| Claret Stage | 04/21/14 |
| Mahogany macaca | 04/21/14 |
| Aquamarine lascivious casino | 04/21/14 |
Poast new message in this thread
Date: April 21st, 2014 5:40 PM Author: Mahogany macaca Given that this new career happened by accident, how did you plan financially when you left? Did you know how much to save? What was it?
I researched other people who had done a longer trip, and also had friends who were nearing the end of their one year around the world. Based on those conversations, I aimed for approximately $15,000 in savings for the year. (For what it’s worth my budget came in at less because I ended up spending so much time in Asia and not including Japan in the process.)
So my goal was to not quit until I had a buffer of two years (total $30,000) and then an additional amount that I would put aside as an investment and not touch.
When I realized that I would not be returning after a year (or two), I decided I wouldn’t eat into that investment money. Instead, if I came close to the end of the 30k then I would commit to going back to work as a lawyer or seek a full-time position to make up for the loss. I managed to transition from hobby blogger to a more business-based endeavour before the clock ran out on my savings, and have since been saving money as I’ve lived abroad and travelled. The transition from spending savings to actually saving small amounts happened in the summer of 2011, with a variety of freelance writing work and smaller jobs. In 2012, with the book and other contracts, writing and projects, I began to feel more comfortable with this path.
It’s important to note that I was able to save this much in part because I had no lingering school debt (my law school tuition was $1600 a year at the time that I attended as a Quebec resident) and I was working with good salary in New York as a lawyer. It was and remains scary to not have a secure paycheck as income, and to rely upon a slow build to a bigger and more stable place. That said, I wouldn’t trade in — it’s been exhilarating. |
Date: April 21st, 2014 5:41 PM Author: Mahogany macaca Note the law school tuition -- $1600 a year. (http://www.autoadmit.com/thread.php?thread_id=2548598&forum_id=2#25421691) |
 |
Date: April 21st, 2014 5:52 PM Author: Vivacious Jew Senate I'm assuming she is bilingual from the context
this probably makes working in New York easier with a cheap degree |
|
Date: April 21st, 2014 5:54 PM Author: Mahogany macaca French? (http://www.autoadmit.com/thread.php?thread_id=2548598&forum_id=2#25421752) |
|
Date: April 21st, 2014 5:58 PM Author: Vivacious Jew Senate She can write well in English at least. If French is her native language that would be impressive. (http://www.autoadmit.com/thread.php?thread_id=2548598&forum_id=2#25421771) |
|
Date: April 21st, 2014 6:05 PM Author: Mahogany macaca This really has nothing to do with anything. (http://www.autoadmit.com/thread.php?thread_id=2548598&forum_id=2#25421796) |
|
Date: April 21st, 2014 5:56 PM Author: Transparent Mind-boggling Hominid International Law Enforcement Agency fuck my ass (http://www.autoadmit.com/thread.php?thread_id=2548598&forum_id=2#25421760) |
|
Date: April 21st, 2014 5:57 PM Author: Mahogany macaca Jodi Ettenberg: $1600 a year tuition, $160K.
You: $48K a year tuition at Fordham, $53K shitlaw. |
|
Date: April 21st, 2014 5:59 PM Author: Claret Stage $68k actually (johnsmeyer) |
|
Date: April 21st, 2014 6:05 PM Author: Mahogany macaca *68k + occasional comped subway sandwiches. (http://www.autoadmit.com/thread.php?thread_id=2548598&forum_id=2#25421794) |
|
Date: April 21st, 2014 5:58 PM Author: Aquamarine lascivious casino mine was $5000/year fwiw (http://www.autoadmit.com/thread.php?thread_id=2548598&forum_id=2#25421772) |