For each person that moment comes at different times. Stock up the cash reserves. You need space, after all. And most likely a big desk, professional filing cabinets, an ergonomic chair and a speedy computer system that doesn't go down every week. Having some savings in the bank will help ease a worried mind.
Most financial planners recommend between three and six months of expenses.
Amass whatever sum makes you comfortable, but realize going in there likely will be slow times. Of course, it always helps to have a better-half with bennies. Otherwise, Zbar suggests inquiring with the local chamber of commerce, your industry trade association or local community health purchasing alliance to see if they can provide health coverage at a lower rate, instead of going at it alone. All rights reserved.