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The struggle is particularly real today
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Subject Expert
I have a year’s worth of expenses but I’m still very much a corporate b*****
Mentor
At least you’ve achieved “Step 1” of Biglaw Anonymous—admit you have a problem.
Please don't wait to have multiple six figures saved before you allow yourself a vacation within your firm's vacation policy.
Mentor
1 year's worth of expenses saved = you muster up the courage to say "no" to the nightmare weekend project that others feel the pressure to take on.
2 to 3 years’ worth of living expenses saved = you decide that it’s just not that big a deal if you take that 2-week vacation you've dreamed of.
With 5 years of living expenses saved = you negotiate spending the winter months working remotely from Costa Rica.
Building wealth helps you realize that Biglaw needs you more than you need it.
It turns out that money saved is money well spent.
Mentor
I’m more so suggesting that having money in the bank promotes the confidence necessary to set boundaries. The stakes are much higher when totally reliant on your Biglaw income.