Runway and Burn Rate for the Start Up of Me
I loved reading about your journey and your methodical way of assessing things such as with your spreadsheet. You also have such beautiful phrases sprinkled throughout your essay like "it’s important to know your runway, a fancy way of saying how long you can live without an income" and "Classic Silicon Valley stuff" and "This dusty desert small town could be my Walden Pond." :)
Math behind the madness is a pithy way to show the difficulty of personal finance. Daily life and big life changes are rife with human psychological biases and emotions. Personal finance is a world of logic and numbers. Bridging the gap in any way we can is always the best practice and you did that for yourself. Way to own the uncertainty in a way that empowered your moves.
You also hit some interesting points about savings, investment, and hot tips in the stock market. If you want clearer thinking, or at least less guilty, give the book below a read. It's the single best money mindset book I have ever read. Housel is a gifted writer and hits truly game-changing points in the book.
I'm channeling my inner "Bacaj": there's so much "give" in this article, Michelle!
“But there was math behind the madness.”
Such a great line, Michelle! And I love the startup principles you’re using. I worked at a startup hub for a couple of years and resonate with that thinking.
Super helpful of you to break it down for people!