3 ms·

Media playing stupid "war" stories again. They only like click bait stories that sell news, not stories that tell the whole picture. There are millions of smal

Media playing stupid "war" stories again. They only like click bait stories that sell news, not stories that tell the whole picture. There are millions of small variations in this "war", to the point that it is not even a war, but markets being creative in their own way. There are the startups in high paying areas that hire remotes for a fraction of the salary they'd have to pay locally. There are the people with skills extremely rare that can demand remote only. There are the contract workers or consultants in one area of expertise. If, from the start you say no to FAANG and Microsoft you'll find lower salaries but a lot more in interesting opportunities. I work remote for a startup in Europe. The salary is not Berlin/Zurich/Paris high but allows me to live like a king in the Canadian Prairies. Without effort I can save 40% of it for retirement. And also I can truly make a difference in the company. Couldn't be happier.

hiq 5y ago
> The salary is not Berlin/Zurich/Paris high This makes it sound like these 3 are somewhat equivalent in terms of compensation in terms of salary, but to be clear, they're really not, as a quick look at levels.fyi indicates. > Without effort I can save 40% of it for retirement. I've been reading a bit about personal finances lately, and I realized that being able to save x% only tells you part of the story. More precisely, the comparison between two places in terms of saving rates are only relevant if the only two scenarios are to remain in one place or the other indefinitely. Let's say you want to retire in Berlin eventually, you might be better off saving 10% working in SV than saving 40% working in Paris. If you're flexible about where you'll retire, you should maximize the nominal amount you're saving.

3 ms·

Media playing stupid "war" stories again. They only like click bait stories that sell news, not stories that tell the whole picture. There are millions of smal

by diego_moita 5y ago

hiq 5y ago
> The salary is not Berlin/Zurich/Paris high This makes it sound like these 3 are somewhat equivalent in terms of compensation in terms of salary, but to be clear, they're really not, as a quick look at levels.fyi indicates. > Without effort I can save 40% of it for retirement. I've been reading a bit about personal finances lately, and I realized that being able to save x% only tells you part of the story. More precisely, the comparison between two places in terms of saving rates are only relevant if the only two scenarios are to remain in one place or the other indefinitely. Let's say you want to retire in Berlin eventually, you might be better off saving 10% working in SV than saving 40% working in Paris. If you're flexible about where you'll retire, you should maximize the nominal amount you're saving.