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Work at a valley company, live in a shoebox, bank maybe $500 a month, if you are lucky. Please explain to me your equation for making a lot of money.
by gabrielcsapo 10y ago
Work at a valley company, live in a shoebox, bank maybe $500 a month, if you are lucky. Please explain to me your equation for making a lot of money.
- shigawire 10y agoStep 1: don't live in the valley.
- gabrielcsapo 10y agoapparently this is where all the stuff happens, It has been a year and I have realized how backwards life is here.
- shogun21 10y agoSave that $500 a month, and you'll have enough within a year. It's not a LOT of money, but enough to travel if that is what you want to do.
- gabrielcsapo 10y agoI travel, I just think that saving money is difficult to do for 80% of America. The gap widens as you expand to different countries worldwide.
- unethical_ban 10y agoMove out of the most expensive real estate in the country. Remote work is a thing in many organizations.
- gabrielcsapo 10y agoI have been begging my management to let me work remotely, but they have been pretty negative towards the idea. "We would like to keep our team close" -- Management "Half of our team is in India" -- me ":shrug: go back to work" -- Management
- clevernickname 10y agoInvest wisely and the equation will be "the exponential function."
- stuff4ben 10y ago> Please explain to me your equation for making a lot of money It's easy, "live beneath your means". Move away from the valley and give up that lifestyle. If you're a decent-ish programmer, you can make a bunch of money in any of the other medium sized cities in the US with a reasonable cost of living.
- TulliusCicero 10y agoIf you can only bank $500/month working as a programmer in the bay area, something is very wrong (or you're just not living frugally at all). I bank way more than that as a mid level developer, granted I work at the big G, but I also support a non-working wife and kid.
- Cerium 10y agoI work in Santa Clara, live in rental townhouse in San Jose. I have a 20 minute commute and reliably save 15% of my take home income. I have a wife who works part time and goes to school. She saves all her money. Its about budgeting. We each keep a budget for our hobbies of about $100 per month. We spend about $200 at restaurants (eating out less than once per week). Most important is keeping a tab on your spending. UsBank has a download spreadsheet function that keeps track of your last export so it is very easy to download one month at a time.