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I guess it depends on the definition of "rich". We live in a frothy time when a relatively jr software engineer in SF can make $300k/year. It wouldn't take tha
by tempsy 7y ago
I guess it depends on the definition of "rich".
We live in a frothy time when a relatively jr software engineer in SF can make $300k/year. It wouldn't take that much discipline to save 60%-70% as a single person and have a million saved in a few years time with the right mix of discipline and investing.
- matheusmoreira 7y agoAren't there huge costs associated with living in SF?
- tempsy 7y agoNo not necessarily. Most of the housing stock in SF are houses, and people rent rooms and have roommates. On top of that, 70% (now more with the new statewide rent control law) of homes/apartments are rent-controlled. I know very few people who rent a 1-bedroom by themselves. If you're renting a room you might be paying $1500-$2000.
- viklove 7y ago> We live in a frothy time when a relatively jr software engineer in SF can make $300k/year. This is just a lie.
- tempsy 7y agoWhat’s the lie?