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Actual is going open-source

actualbudget.com

281–290 of 332 posts

Re: Actual is going open-source

#281

Earlier quoted context omitted.

Google L5 in the Bay Area doesn’t pay $200k base. Your friends are either lying to you or you are an exceptional group not representative of standard senior Bay Area FAANG base salaries.

I never said FAANG pays 200k base. Companies who only pay in cash will have their total compensation be 200k. FAANG meanwhile pays a lower base, such as 170k, and the rest is RSUs. While FAANG base is lower, their total compensation is higher than other companies.

Curious, which companies "pay in cash"? (I'm not from US)

Re: Actual is going open-source

#282

Earlier quoted context omitted.

I never said FAANG pays 200k base. Companies who only pay in cash will have their total compensation be 200k. FAANG meanwhile pays a lower base, such as 170k, and the rest is RSUs. While FAANG base is lower, their total compensation is higher than other companies.

Curious, which companies "pay in cash"? (I'm not from US)

Most companies pay in cash. It's really among FAANG and FAANG adjacent that pay in RSUs. Fortune 500s pay in cash, many of them at least.

Re: Actual is going open-source

#283

Earlier quoted context omitted.

I said that I would pay conditionally on getting the job, not for the help. ;) And it was on purpose. I know that HN is US-centric, but I lived on both sides of the ocean and as time passes I am getting more sensitive to this limited (dare I say privileged ?) view from otherwise very smart and educated people. My proposal was more of a provocation to see if you could really back up the statement that "it should be ea…

> If these salaries are only attainable at FAANG companies They are not. Looking at LinkedIn I see many such salaries for engineers. At your experience level you would be making many hundreds of thousands of dollars in the US, even remotely.

If by remotely you mean "anywhere in the world", then can I extend the deal proposal for you, as well?

Re: Actual is going open-source

#284

Earlier quoted context omitted.

> If these salaries are only attainable at FAANG companies They are not. Looking at LinkedIn I see many such salaries for engineers. At your experience level you would be making many hundreds of thousands of dollars in the US, even remotely.

If by remotely you mean "anywhere in the world", then can I extend the deal proposal for you, as well?

Sure.

Re: Actual is going open-source

#285

Earlier quoted context omitted.

You realise people work jobs as vital and stressful as that for a quarter of the money right? And that most people in the workforce don't get significant bonuses, and no shares. Software engineering is an absurd bubble.

Tech salaries are a direct result of basic supply/demand. The available supply of workers and the demand for a job are, to a certain extent, independent from how "vital and stressful" the job is. The only bubble that might pop is an America first hiring mindset which constricts the supply. If this were to change I would expect tech salaries in America to go lower. Then again, this is not that hard to do, most large t…

I don't mean bubble as in pop. I mean bubble as in disconnected and floating in their own world.

Re: Actual is going open-source

#286

Earlier quoted context omitted.

Whitexican problems we call it here in Mexico: I'm in a similar position. 6 digit USD salary while living in Mexico. My problem is that I've been wanting to setup a business: real life like a gym, a store or similar. The issue is that there's no way I'll get as much money as what I'm earning now... and I know building the business will require insurmountable efforts. So I'm reduced to keep working in IT, wait until m…

Or find an extremely trusted local who also wants to start a business and bankroll them. The extremely trusted is the hard part.

Off-topic, but are you the bombcar of GTNH fame?

Re: Actual is going open-source

#287

"I completely underestimated how much work it takes to build a business. There's so much overhead. I'm always figuring out why a build failed, taxes, how to triage issues, responding to support, designing UIs, responding to Apple's complaints, and more. There's so much that goes on behind the scenes. There's no way a single person can possible do this alone, especially as a side project." This is the part that resona…

S/O to having responding to Apple on the same list as taxes. That stuff is seriously arbitrary and exhausting.

Re: Actual is going open-source

#288

Earlier quoted context omitted.

Except everything isn't more expensive. For example rent. Also, everyone can go see a doctor and pay nothing (not just the top quintile). All of this is if course simplified, but just to add another pair of cents.

And groceries. I was _shocked_ at how expensive buying fresh food was in the US, and funnily enough, the most desired food was imported from the EU and was far more expensive. Here's a great comparison - aged parmesan cheese from the supermarket [0] [1] is $11/lb here, or $17+tax in the US. This is the same for a huge amount of ingredients too; cheeses, meats + veg. I helped a friend do his grocery shopping in a trad…

> aged parmesan cheese from the supermarket [0] [1] is $11/lb here, or $17+tax in the US.

No shit, it’s literally an import from Europe. It’s like comparing California wine prices in Las Vegas vs in Sydney.

> veg. I helped a friend do his grocery shopping in a trader joes

Trader Joe’s is not a grocery store for middle class people. It’s a high end convenience store. Unless you’re really well-off, you only buy a few select items from there occasionally.

If you want to see prices the working/middle class pays, look at the prices at Walmart.

Re: Actual is going open-source

#289
post #212

"I completely underestimated how much work it takes to build a business. There's so much overhead. I'm always figuring out why a build failed, taxes, how to triage issues, responding to support, designing UIs, responding to Apple's complaints, and more. There's so much that goes on behind the scenes. There's no way a single person can possible do this alone, especially as a side project." This is the part that resona…

810 paid subscribers and he could not secure funding to sustain the business ??

The blog talks about additional feature development. If you have 810 paid subscribers and you're focusing on feature development instead of growth, you're either still, somehow, trying to find product-market fit (in spite of 810 customers) or you simply enjoy feature development more than business development.

The blog is all about him discovering that he doesn't really enjoy business development.

Re: Actual is going open-source

#290

Earlier quoted context omitted.

Not sure why people say this. In the US, you can get a 200k USD job without any RSUs/bonuses/options, all in base salary, and these jobs won't be over 40 hours a week. I see it among my friends daily. And in FAANG, it's even higher, I've seen offers for people only with a few years of experience at 350k or more (RSU appreciation mainly, not base salary). It's more that people don't really believe the high salaries an…

Google L5 in the Bay Area doesn’t pay $200k base. Your friends are either lying to you or you are an exceptional group not representative of standard senior Bay Area FAANG base salaries.

It's pretty close to $200k -- levels.fyi says it's $193k average for base. If you include bonus, total cash comp is $231k.

https://www.levels.fyi/company/Google/salaries/Software-Engi...

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