Earlier quoted context omitted.
Do you bill 400k or is that what you pay yourself?
My businesses expenses are only around $10k a year, so what I bill and pay myself is basically the same.
Absolutely is not the same
Ask HN: What steps can I take to earn $250K+?
51–58 of 58 posts
Re: Ask HN: What steps can I take to earn $250K+?
#52Re: Ask HN: What steps can I take to earn $250K+?
#53$100,000 per year and you don't feel that this currently gives you financial security. Can we please step back for a moment and reflect on that.
I make more than that, live in a high COL area in CA, have a family of four, live relatively modestly, and still live paycheck to paycheck.
Yeah, my point being that considering the sum of money we're making, it really shouldn't have to be a case of living paycheck to paycheck. The general costs of living are getting out of control.
Re: Ask HN: What steps can I take to earn $250K+?
#54I have no idea about the east coast labor market, but in Bay Area $250k is what an I4-I5 gets payed at medium/large RSU granting companies. As a software developer at I4+ you have to - Be able to independently complete start-to-finish large features in reasonable time - Drive resolution of complex problems (fix any bugs with your code and medium bugs elsewhere) - Deliver high-quality work (low bug rate, low failure r…
Good formalization of a value statement
Re: Ask HN: What steps can I take to earn $250K+?
#55Any of these companies will get you to $250k+ annual compensation in 0 - 3 years, depending on your current experience. Tech: - Google - Facebook - Salesforce - Bloomberg Finance: - Renaissance Technologies - DE Shaw - Citadel - Two Sigma Since you're already on the East Coast, if you're presently located in - or can easily relocate to - the NYC metro area, getting hired at one of these companies is probably the most…
But how do you get to the point where you're even attractive to these companies? Without being from a target school or having an insane number of years of experience?
Also the finance companies, you mean a job in the front right? Programming tools or whatever?
Re: Ask HN: What steps can I take to earn $250K+?
#56Step 1: Move to Seattle and find a job there. Purchasing power there is 38% higher than NYC. We'll say that your salary stays at 150k, but you'll realistically feel like you have 38% more. (Source: https://www.numbeo.com/cost-of-living/compare_cities.jsp?cou... ) Step 2: Buy a house in Tacoma. Don't buy in Seattle; the market there is in a bubble. Tacoma is an up-and-coming suburb. Cost will be ~300k for a livable ho…
$400K for a 1700 sqft house with no yard and a one hour commute sounds terrible.
A $400k house and a 1 hour commute is better than 1.2 million house and 30 min commute (comparing living in Tacoma to living in Seattle).
Re: Ask HN: What steps can I take to earn $250K+?
#57Step 1: Move to Seattle and find a job there. Purchasing power there is 38% higher than NYC. We'll say that your salary stays at 150k, but you'll realistically feel like you have 38% more. (Source: https://www.numbeo.com/cost-of-living/compare_cities.jsp?cou... ) Step 2: Buy a house in Tacoma. Don't buy in Seattle; the market there is in a bubble. Tacoma is an up-and-coming suburb. Cost will be ~300k for a livable ho…
One hour commute each way? That would be terrible.
That's better than what most people in SF/NYC have for a commute.
Re: Ask HN: What steps can I take to earn $250K+?
#58Step 1: Move to Seattle and find a job there. Purchasing power there is 38% higher than NYC. We'll say that your salary stays at 150k, but you'll realistically feel like you have 38% more. (Source: https://www.numbeo.com/cost-of-living/compare_cities.jsp?cou... ) Step 2: Buy a house in Tacoma. Don't buy in Seattle; the market there is in a bubble. Tacoma is an up-and-coming suburb. Cost will be ~300k for a livable ho…
An alternative is to do the same plan but with Portland Oregon and live in Vancouver or Hillsboro. Take the max in and out of the city.
The purchasing power in Portland/suburbs is 20% lower, though. Seattle is still king for stretching your dollar.