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I think that people who think money is a wrong reason to do something end up spending more time and effort getting money because they don't bother to come up wi

I think that people who think money is a wrong reason to do something end up spending more time and effort getting money because they don't bother to come up with a system for making it efficiently. Which is a bit ironic. If you really don't want to care about money, make it efficiently so you can spend less time on it. If I were to do it all again, I'd do something that produces more passive income. You can make a lot of money working for FAANG, but you are going to be working hard and for long hours. It's not an easy job, and it's fairly pointless to have money if you work away all your best years. Programming is a service industry, and real money comes from owning things, not from doing things, because things you own make you money even when you're not doing anything. Sure, you can go off and create an app that creates some passive income but it's a crapshoot whether you'll actually be profitable. They aren't making more land, and everybody needs somewhere to live. Real estate requires little education, the legwork is mostly looking at places with people. It's not a glamorous job but it gives you the time to do what you want with your life.

andreilys 7y ago
“ You can make a lot of money working for FAANG, but you are going to be working hard and for long hours. It's not an easy job, and it's fairly pointless to have money if you work away all your best years. Programming is a service industry, and real money comes from owning things, not from doing things, because things you own make you money even when you're not doing anything. ” Except the principal you earn from your FANG job can then be used to purchase income generating assets (equities that produce dividends, real estate, etc.) It’s not uncommon to save $50-100k+ per year which can then be put to work making money for you. This is still one of the few industries where if you start working at 22, you can achieve financial independence by 35-40 years old with fairly high probability.
mrep 7y ago
While there are definitely some shitty teams at FAANG, there are plenty of teams where you just need to put in your 40 hours a week and then go home. I've worked for multiple teams at 2 FAANG companies now and never worked more than 40 hours a week. Also, as andreilys mentioned, the high pay allows you to invest a ton of money into equities which is what I am doing.

andreilys 7y ago

“ You can make a lot of money working for FAANG, but you are going to be working hard and for long hours. It's not an easy job, and it's fairly pointless to have money if you work away all your best years. Programming is a service industry, and real money comes from owning things, not from doing things, because things you own make you money even when you're not doing anything. ” Except the principal you earn from your FANG job can then be used to purchase income generating assets (equities that produce dividends, real estate, etc.) It’s not uncommon to save $50-100k+ per year which can then be put to work making money for you. This is still one of the few industries where if you start working at 22, you can achieve financial independence by 35-40 years old with fairly high probability.

mrep 7y ago

While there are definitely some shitty teams at FAANG, there are plenty of teams where you just need to put in your 40 hours a week and then go home. I've worked for multiple teams at 2 FAANG companies now and never worked more than 40 hours a week. Also, as andreilys mentioned, the high pay allows you to invest a ton of money into equities which is what I am doing.