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> I'm not well off like most people on here, I can survive 4-6 months with no salary Be careful of comparing yourself to what people post online. It's easy to

> I'm not well off like most people on here, I can survive 4-6 months with no salary Be careful of comparing yourself to what people post online. It's easy to read social media and think everyone else is waking up at 5am, drinking their keto coffee, and making millions with their startup while working as a digital nomad. Even on a tech heavy site like HN I would classify someone with 6 months of savings as very well off.

willio58 4y ago
Yeah HN is a bubble within the tech bubble and there seems to be a vocal minority here that derives pleasure for putting others down for making less than 250k TC.
- Enginerrrd 4y ago
  My favorite recent example of this was someone talking about how they were "really struggling" in their early days as a founder and going through all the ways they were scraping by and saving which included eating out to get a burrito at Chipoltle everyday, possibly for multiple meals. After tax and any extras, that's likely near $8/meal! 8x3x30 = $720/month. For ONE PERSON! I spend ~$900/month to feed my family of four in CA, in what I consider to be an extremely privileged and luxurious way with all organic food, etc.
ThrowAway1922A 4y ago
> Even on a tech heavy site like HN I would classify someone with 6 months of savings as very well off. I'm under the impression most on here make hundreds of thousands of dollars, I make nowhere close. I am saved on this front purely by living in a very low cost of living area. You're right though, comparison with people online is probably just a recipe to feel bad.
- r00t4ccess 4y ago
  Making hundreds of thousands of dollars a year doesn’t make you rich, history shows that people who make more than average amounts of money have a hard time retaining meaningful amounts of it. Making a lot of money doesn’t automatically make you good with money.
  - type-r 4y ago
    > people who make more than average amounts of money have a hard time retaining meaningful amounts of it Do you have a source for this? This conflicts with the data that I've seen: https://www.financialsamurai.com/the-average-savings-rates-by-income-wealth-class/ https://www.financialsamurai.com/the-average-savings-rates-b...
  - helloworld11 4y ago
    >Making hundreds of thousands of dollars a year doesn’t make you rich Speaking of HN people living in bubbles.... Yes, it does explicitly make you rich, at least in terms of earnings replenishment. A person making hundreds of thousands of dollars per year is literally in the top 1% of the top 1% of the world's population. Regardless of how well they manage that money, they're making more of it than virtually all other human beings on the planet. Also, unless you live in one ridiculously expensive place (and do nearly everything possible to maximize your expenses while living there), or you are absolutely clueless, or mulishly stubborn about your spending habits, (or possibly have incurred truly catastrophic medical bills in a place without decent public healthcare), then there's no way you COULDN'T manage to live below your means on earnings like these. Even in very pricey places like San Francisco, London, NYC, Paris etc, there are many, many people living right in their core areas on modest salaries and..... getting by without nearly bankrupting themselves! What a wonder.
uncletaco 4y ago
Same. Also several months of medical leave for burnout sounds very generous.
- DieBruderBauer 4y ago
  Common if you work for FAANG
- ThrowAway1922A 4y ago
  It's a government thing, my workplace had no say in the matter as long as my GP said I needed it.
  - ChuckNorris89 4y ago
    May I please ask which country? I'm in Europe and I don't have this privilege in my country. Maybe I should move.
  - didgetmaster 4y ago
    Even if your employer 'had no say in the matter', it is still generous. Somebody had to pay for that medical leave whether it came out of the profits of the company you work for, their insurance company (which leads to higher premiums for everyone), or came out of the taxpayer's pocket. It sounds like you could benefit from a completely different environment. If you can't find any joy working in your chosen field, it might be time to explore a completely different field. Many people have switched careers because of this.
    - megous 4y ago
      > Even if your employer 'had no say in the matter', it is still generous. Somebody had to pay for that medical leave whether it came out of the profits of the company you work for, their insurance company (which leads to higher premiums for everyone), or came out of the taxpayer's pocket. Workers "pay" for it by having on average a bit lower wages in said country, then they could have had otherwise. It's just like any other country wide or industry wide constraint companies can do little about avoiding, and have to price in somehow somewhere or not operate at all. Generosity is a weird concept to apply for mandated things.

willio58 4y ago

Yeah HN is a bubble within the tech bubble and there seems to be a vocal minority here that derives pleasure for putting others down for making less than 250k TC.

Enginerrrd 4y ago
My favorite recent example of this was someone talking about how they were "really struggling" in their early days as a founder and going through all the ways they were scraping by and saving which included eating out to get a burrito at Chipoltle everyday, possibly for multiple meals. After tax and any extras, that's likely near $8/meal! 8x3x30 = $720/month. For ONE PERSON! I spend ~$900/month to feed my family of four in CA, in what I consider to be an extremely privileged and luxurious way with all organic food, etc.

ThrowAway1922A 4y ago

> Even on a tech heavy site like HN I would classify someone with 6 months of savings as very well off. I'm under the impression most on here make hundreds of thousands of dollars, I make nowhere close. I am saved on this front purely by living in a very low cost of living area. You're right though, comparison with people online is probably just a recipe to feel bad.

r00t4ccess 4y ago
Making hundreds of thousands of dollars a year doesn’t make you rich, history shows that people who make more than average amounts of money have a hard time retaining meaningful amounts of it. Making a lot of money doesn’t automatically make you good with money.
- type-r 4y ago
  > people who make more than average amounts of money have a hard time retaining meaningful amounts of it Do you have a source for this? This conflicts with the data that I've seen: https://www.financialsamurai.com/the-average-savings-rates-by-income-wealth-class/ https://www.financialsamurai.com/the-average-savings-rates-b...
- helloworld11 4y ago
  >Making hundreds of thousands of dollars a year doesn’t make you rich Speaking of HN people living in bubbles.... Yes, it does explicitly make you rich, at least in terms of earnings replenishment. A person making hundreds of thousands of dollars per year is literally in the top 1% of the top 1% of the world's population. Regardless of how well they manage that money, they're making more of it than virtually all other human beings on the planet. Also, unless you live in one ridiculously expensive place (and do nearly everything possible to maximize your expenses while living there), or you are absolutely clueless, or mulishly stubborn about your spending habits, (or possibly have incurred truly catastrophic medical bills in a place without decent public healthcare), then there's no way you COULDN'T manage to live below your means on earnings like these. Even in very pricey places like San Francisco, London, NYC, Paris etc, there are many, many people living right in their core areas on modest salaries and..... getting by without nearly bankrupting themselves! What a wonder.

uncletaco 4y ago

Same. Also several months of medical leave for burnout sounds very generous.

DieBruderBauer 4y ago
Common if you work for FAANG
ThrowAway1922A 4y ago
It's a government thing, my workplace had no say in the matter as long as my GP said I needed it.
- ChuckNorris89 4y ago
  May I please ask which country? I'm in Europe and I don't have this privilege in my country. Maybe I should move.
- didgetmaster 4y ago
  Even if your employer 'had no say in the matter', it is still generous. Somebody had to pay for that medical leave whether it came out of the profits of the company you work for, their insurance company (which leads to higher premiums for everyone), or came out of the taxpayer's pocket. It sounds like you could benefit from a completely different environment. If you can't find any joy working in your chosen field, it might be time to explore a completely different field. Many people have switched careers because of this.
  - megous 4y ago
    > Even if your employer 'had no say in the matter', it is still generous. Somebody had to pay for that medical leave whether it came out of the profits of the company you work for, their insurance company (which leads to higher premiums for everyone), or came out of the taxpayer's pocket. Workers "pay" for it by having on average a bit lower wages in said country, then they could have had otherwise. It's just like any other country wide or industry wide constraint companies can do little about avoiding, and have to price in somehow somewhere or not operate at all. Generosity is a weird concept to apply for mandated things.