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Werewolfdad t1_iyb4yqu wrote

>Do you think it is a good idea to trade savings for short term fun (2 years)?

No Maybe given your existing savings.

>What's the minimum savings % of gross paycheck you would run?

20% Not saving may be fine for a short period in this instance

>Current Savings:

You made it sound like you were burning savings for fun, not just not saving for two years. You're ahead of where you should be, so you're probably going to be fine.

If you're going to school full time and working full time, will you even have time for fun?

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mcburnster t1_iyb9vl7 wrote

Yeah, I think school will act as a governor on how much fun I can have. It’s definitely the priority. But I have a good work situation that is flexible, I am pretty efficient at learning and have good time management skills.

I appreciate your feedback. I think it’ll end up being a balance, it’s honestly just the mental hurdle of going from maxing all accounts to a very low percentage of savings that I’m struggling with.

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Werewolfdad t1_iyba4p9 wrote

I really wanted to tell you it was irresponsible to stop saving.

But I can't given how well you've saved in prior years. I think you'll be alright

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mcburnster t1_iybag36 wrote

Haha yeah. I think it’s irresponsible. That’s the struggle!!!

Reflecting on it, if it doesn’t work I can always change to a different situation.

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Werewolfdad t1_iybaqz9 wrote

I think you're going to be just fine if that's how you think.

Its refreshing considering some of the other posts that come here.

Enjoy the bay!

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sonnyfab t1_iyb52lt wrote

You should spend 1400 a month on tuition instead of fun if you're actually interested in pursuing this degree because working and going to school is going to take all of your time if you're serious about studying.

Otherwise, don't pursue the degree and you've freed up 1400 per month and time to have fun. You've already got a job making a very respectable salary without this degree.

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mcburnster t1_iyb6krs wrote

My post was confusing I guess. I would pay the $1400 per month for school every month, but if I expect to enjoy my new living situation I would likely have minimal money to add to my savings. So the question is, in my situation do you think not adding to my savings is okay for 2 years? Or do you think that would be a mistake

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sonnyfab t1_iyb6tlm wrote

Are you going to be continuing to work while you're in school? Your original post sounded like that was where you were getting the money to live and pay for school was coming from.

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mcburnster t1_iyb6yij wrote

Yes working while in school

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sonnyfab t1_iyb78ur wrote

If you work full time and you go to school for a CS degree, you're not going to have time for a lot of "fun" unless you just blow off the studying part of being a student (and, in my opinion, having a CS degree without actually having studied is going to be largely worthless in the marketplace as it's pretty straightforward to determine programmer who can do the work and those who cannot).

That was my entire point.

Either do the degree and spend both your time and money on school, or don't do the degree and spend your time and money on fun. But you don't have enough time to do all 3 (and you also don't have enough money to do all 3.)

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mcburnster t1_iyb8wou wrote

Thanks I’ll weigh your opinion with the input of others.

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