Author Topic: Less concerned about income dropoff because of our stache  (Read 1461 times)

rob in cal

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Less concerned about income dropoff because of our stache
« on: December 22, 2017, 03:13:31 PM »
  There are numerous advantages to building up one's stache/FIRE savings. In our case it is providing a nice psychological cushion to what seems to be a moderate decline in delivery orders at my work.  Normally in November/December most nights are busier than previous months due to the weather and upcoming holidays.  This year, probably due to the emergence of grubhub doordash and other third party delivery options our delivery numbers are off about 20% from what would be expected at this time of year.  However, I find that because of our already expanded investment stache I am much less concerned about this than I would have been years ago. 
   Also, I look at my delivery income as just part of our overall income stream, (I apply a historic expected rate of return scenario to our stocks), and when factoring that in I find that a 20% decline in cash income from tips from delivery, while unfortunate, is hardly earthshaking, and theoretically with every passing month as our passive income grows the tip portion of our income goes down that much more, thus making a decline in delivery income less and less important.
   Just one more example of the benefits of saving/investing.