It IS risky unless he has a cushion to fall on (lots of saving or trust fund). Life tends to pull out expensive rabbits out of hats, more of them as one gets older.
At $1000/month, a broken or stolen laptop or bicycle is ~two months. In the US (which he is) Any medical issue, or a baby, is somewhere between three months and bankruptcy.
At $1000/month, a broken or stolen laptop or bicycle is ~two months. In the US (which he is) Any medical issue, or a baby, is somewhere between three months and bankruptcy.