41–50 of 138 posts
To put this in bay area perspective, that $300K per year gets broken down as: 42% Tax bracket. Net $180K per year $6K per month in rent/mortgage. Net $108K $3K per month in living expenses. $72K $1K student loans (maybe). Net $60K $1K in insurance (health / renters / home). Net $48K $1K disposable income. Net $36K $8K vacation. Net $28K ( or about $2.3K per month for savings) Not bad. But you can see how bay area cos…
To put this in bay area perspective, that $300K per year gets broken down as: 42% Tax bracket. Net $180K per year $6K per month in rent/mortgage. Net $108K $3K per month in living expenses. $72K $1K student loans (maybe). Net $60K $1K in insurance (health / renters / home). Net $48K $1K disposable income. Net $36K $8K vacation. Net $28K ( or about $2.3K per month for savings) Not bad. But you can see how bay area cos…
pretty fast and loose with the numbers there, don't you think? 6k rent/mortgage + 3k living expenses sounds flat out glamorous.
I recently finished reading the book Never Split the Difference and I would highly recommend it. It's a slightly different take on the traditional negotiation tropes we've all heard. I've managed to employ many of the techniques in my day to day as a PM with success, but his discussions on salary negotiation resonated with me. I'm sure you can find some notes on the book to derive 50% of the value, but the author's s…
TLDR please?
Earlier quoted context omitted.
Well, google is different right? They hire the cream of the crop. They don't only hire for experience. They also hire for innate, inborn intelligence. I might get in, but I have to work hard to pass that interview. I'm talking about 200k on average.
Idk where you got the idea that being a Google engineer is innate haha, man the marketing and hype around the role is incredible. The “secret” is Google tries to hire smart hardworking people, not divinely ordained superhumans. My advice would be to study hard for the interview and let them figure out whether or not you pass the bar. At the very least it will be good practice for othe interviews and you might be acce…
"The only winning move is not to play."
To put this in bay area perspective, that $300K per year gets broken down as: 42% Tax bracket. Net $180K per year $6K per month in rent/mortgage. Net $108K $3K per month in living expenses. $72K $1K student loans (maybe). Net $60K $1K in insurance (health / renters / home). Net $48K $1K disposable income. Net $36K $8K vacation. Net $28K ( or about $2.3K per month for savings) Not bad. But you can see how bay area cos…
Earlier quoted context omitted.
Is there a way to take a poll how many people are actually getting 200k+ with just 2 years of experience? I truly find this unbelievable.
I'm one of those people at least. Coming up on 2 years, and last year and this year both, I'll see >200k in total compensation. Many of my co-workers are in the same boat.
To put this in bay area perspective, that $300K per year gets broken down as: 42% Tax bracket. Net $180K per year $6K per month in rent/mortgage. Net $108K $3K per month in living expenses. $72K $1K student loans (maybe). Net $60K $1K in insurance (health / renters / home). Net $48K $1K disposable income. Net $36K $8K vacation. Net $28K ( or about $2.3K per month for savings) Not bad. But you can see how bay area cos…
A nice 2 bed 2 bath is 4k, not 6k
I don't even know how you would spend 3k a month in living expenses.
All of those numbers are seem pretty off.
To put this in bay area perspective, that $300K per year gets broken down as: 42% Tax bracket. Net $180K per year $6K per month in rent/mortgage. Net $108K $3K per month in living expenses. $72K $1K student loans (maybe). Net $60K $1K in insurance (health / renters / home). Net $48K $1K disposable income. Net $36K $8K vacation. Net $28K ( or about $2.3K per month for savings) Not bad. But you can see how bay area cos…
That's not how tax brackets work!
To put this in bay area perspective, that $300K per year gets broken down as: 42% Tax bracket. Net $180K per year $6K per month in rent/mortgage. Net $108K $3K per month in living expenses. $72K $1K student loans (maybe). Net $60K $1K in insurance (health / renters / home). Net $48K $1K disposable income. Net $36K $8K vacation. Net $28K ( or about $2.3K per month for savings) Not bad. But you can see how bay area cos…
To put this in bay area perspective, that $300K per year gets broken down as: 42% Tax bracket. Net $180K per year $6K per month in rent/mortgage. Net $108K $3K per month in living expenses. $72K $1K student loans (maybe). Net $60K $1K in insurance (health / renters / home). Net $48K $1K disposable income. Net $36K $8K vacation. Net $28K ( or about $2.3K per month for savings) Not bad. But you can see how bay area cos…
Any decent accountant should be able to save at least $10-20k more of that fast and loose tax total.
Also— if you’re paying $6k a month in rent, and you can afford the down payment, why not just buy a home at that point? If you want to relocate you can sell it and you’d get a decent mortgage interest deduction that would affect the bottom line.