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Actual is going open-source

actualbudget.com

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Re: Actual is going open-source

#311
post #34

I've never heard of this, but it looks nice. Anyone can compare with firefly-iii?

It’s far less flexible of a system than firefly-iii. That said it actually (lol) functions well with any amount of historical data. Firefly-iii slows to a crawl with just a few years of data. Actual handles nearly a decade worth of data (imported from YNAB4) with ease.

Interesting. I never managed to get too much of data into firefly, because of API rate limiting (and was too lazy to modify the code) :)

Re: Actual is going open-source

#312

Earlier quoted context omitted.

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.

Ah, misunderstood completely. Thank you for clarifying!

Re: Actual is going open-source

#313
post #307

Earlier quoted context omitted.

If that wasn't the problem, sounds like you didn't have the right skills.

Ah yes, the lady at Uber who was being paid 250k who used Edit>Copy/Paste to paste lines of Python from Notepad into a REPL and got confused with extraneous whitespace errors in order to prove to me that some python doesn't work (even though it did) with a position of "Staff Engineer 1" certainly deserved it more than almost literally everyone else I've worked with. Skillset has nothing to do with this problem.

I think I know what the problem is now.

Re: Actual is going open-source

#314

Earlier quoted context omitted.

> "Now with 42% income tax of a 100k salary, there’s a net of 58k arriving at your bank account over a year." Oh boy, that's one of those misconceptions I'm really sick of. "The tax is so high, I pay almost half of my salary to the greedy state". No, you certainly don't! And if everyone please spent 5 minutes to understand the difference between the effective tax rate and the marginal tax rate , we'd finally get rid…

This is also one of my pet peeves. I keep thinking “people do understand progressive taxation, right?”, but in discussions like this, I realize: no, maybe they don’t. If you’re a single filer who makes $180K in the US in 2022, you’re in the 32% tax bracket. But your effective federal tax rate is just over 21% — and that’s assuming you’re only taking the standard deduction.

Are you sure that they're mistaking marginal tax rates for effective tax rates, rather than you mistaking gripes about taxes in general for gripes about federal income tax in particular? In my state, a single filer making $180k pays 34.6% effective tax on income - 19.1% federal income, 6.4% FICA, and 9.2% state income tax. (And maybe 4% more from property taxes if they own a house in a major city, although that's a somewhat different subject.)

This is not to say that rich people are actually poor because of taxes, obviously, but it seems more likely that people would talk about these things in a somewhat inaccurate way than that they would be totally wrong about what they actually pay.

Re: Actual is going open-source

#315
post #89

I am curious, what do people use for budgeting? Mint seems like the most feature rich, but not only do I not want to support their parent company because of their Tax lobbying... but I don't trust them from a privacy standpoint (Considering its free). YNAB and Monarch both seem like really good options. But I have not looked into them much yet. I currently use Copilot (iOS only... really just iPhone, no iPad app). I…

I use a home-grown system[1] that does not require sharing credentials with a third party, has partial/fully automated (depending on financial institution) fetching of transactions, auto-categorization learned from your previously categorized transactions, and the possibility to create pretty dashboards that can be shared with others. It's surprisingly simple (just a few lines of code) for personal use. [1]: https://…

Thanks for the post Sagar, I'm the maintainer of reckon [1], a tool to help categorize transactions, which I used in ledger. There are a lot of interesting tools for doing plain text accounting [2] and I'm always interested in learning about new ones.

Reckon uses TF/IDF with cosine similarity, but I would be interested to see how you use Random Forest. Please post your code somewhere, I'd love to see it and learn something new!

[1] https://github.com/cantino/reckon [2] https://plaintextaccounting.org/

Re: Actual is going open-source

#316

Earlier quoted context omitted.

You have more then 25 days of "real" vacation at all the major tech companies in the USA. Pretty much all the issues that people mention in the USA (healthcare, vacation, maternity leave, etc) are non issues for employees in our industry. The only true risk is becoming unemployable for some reason and losing your job. USA tech might fly higher but can crater way lower.

Is there any company in the US where parents can take (collectively) up to 14 months of leave while still receiving 2/3 of their salary? More importantly: do people actually take it ?

My teammate took 6 months off paid for her maternity leave but in general I can't really say. It's not a benefit I've looked much into; I'm male and don't plan on having kids this decade.

Re: Actual is going open-source

#317

Earlier quoted context omitted.

I’d like to do four days a week at 70% pay. No can do. Ok I quit, but I can consult 3 days a week at 200% pay. Sounds good.

How would one go about finding such consulting gigs? I’m semi-retired now, but with nearly 4 decades of experience, I still didn’t feel comfortable becoming a full-time consultant.

Yeah to echo what was said, I would start shaking that network tree you built while working for 4 decades. I would also put yourself out there on sites like LinkedIn (I know, I know) that have groups for people looking to hire consultants or are ones themselves. There’s an online niche for everything these days.

Re: Actual is going open-source

#318

Earlier quoted context omitted.

> 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 s…

No. Imported wine is quite often cheaper than domestic ones in the US. Also, you want to compare the quality of products and you can not base yourself on Walmart for that. The average American eats horribly compared to the European counterpart.

> Imported wine is quite often cheaper than domestic ones in the US.

Not anything of quality. Most good wines in California that aren’t nasty blends are California wines at $10/bottle range.

> want to compare the quality of products and you can not base yourself on Walmart for that.

Yes you can. The milks, meats, vegetables, and fruits are fine quality-wise. “Walmart == bad quality” is a meme based on their cheap home goods. The food is fine.

> The average American eats horribly compared to the European counterpart.

Having lives in both places (uk, France, and Italy), the supermarkets in the US are vastly superior. The only reason an American would eat worse is if they chose frozen meals, snacks, or just straight up fast food over what’s in the grocery store.

European food costs more and is of more limited variety. The quality is consistently decent though.

Re: Actual is going open-source

#319

Earlier quoted context omitted.

> 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 s…

Given we're talking about why salaries are higher in the US, i think it's fair to point out the comparison of items that are possible to buy in a normal supermarket here. I searched for parmesan in Walmart and could only buy an entire wheel for ~$26/lb. The people who I'm comparing myself to in the US strive to buy imported European food, so that's the comparison I'm going to end up making. Even basic things like fre…

> The people who I'm comparing myself to in the US strive to buy imported European food

That’s a dumb comparison though. Americans generally eat American cuisine. It’s just as dumb as comparing to imported Chinese food.

Re: Actual is going open-source

#320

Earlier quoted context omitted.

Because putting food on the table so your family can eat isn’t a choice. Don’t have savings to burn through as you do that? Then it’s not a choice. Just one example. Morality may not be objective, but it surely isn’t just personal either. That’s what makes it a nuanced discussion, and not just a choice one makes. By deciding you want to do that in the future but first you need to save, are you deprioritizing it, or p…

Most people in his country put food on family table without US-level software developer salary. It's hard to lower expectations of life quality, but let's not dramatize.

Isn't everyone nitpicking at the word "insurmountable" :-)

What if it wasn't meant to be taken literally

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