Business

How this lady stop her job at 20 and lived on her financial savings

An emergency fund should be a cornerstone of the household budget.

Experts generally recommend that you have at least three months of savings spending to deal with unexpected setbacks.

But how much money should you save to quit your job on purpose? That’s a harder question to answer.

It was $ 100,000 for Tori Dunlap, founder of the women-centric financial education company Her First 100K.

Dunlap landed an entry-level job in marketing after graduating from college and soon discovered that day-to-day business was not for her.

She started a blog with a goal of saving $ 100,000 by her 25th birthday. Her following grew with her savings, and the now full-time entrepreneur achieved her goal shortly after her 25th birthday.

Watch this video to learn the four steps Dunlap suggests to build your own safety net.

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