- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
$260k Base Salary, $3.00 in checking account.
Posted on 6/12/23 at 9:10 pm
Posted on 6/12/23 at 9:10 pm
RSUs are delayed comp, and at least at Amazon they all vest after the third year, so it's imaginary money until then.
2PM is the first mention of work on a Monday.
Oh noes!
Makes $250k in base comp a year, and these are the people programming AI.
Followed by:
There is far too much egregious crap to quote, but I submit my LINK for your Monday evening laughter.
quote:
Salary: $578,000 total comp ($260,000 base + $255,000 stock + $52,000 expected bonus + $10,000 401(k) match + $1,000 HSA contribution)
Net Worth: $850,000 ($320,000 RSUs + $115,000 in a brokerage account + $245,000 in retirement accounts + $90,000 in crypto + $70,000 in NYC apartment equity + $10,000 HSA)
Debt: $255,000 left on my mortgage for my NYC apartment. I also usually carry about $10,000 on my credit card, but I pay it off every month.
Paycheck Amount (2x/month): $5,700
quote:
2 p.m. — I do some work. At this very moment, my work is just responding to comments in a design doc that I authored. The doc has over 70 comments, which feels very overwhelming.
2PM is the first mention of work on a Monday.
quote:
4 p.m. — I walk home.
Oh noes!
quote:
I go to my credit card and request a cash advance of $150 + 3% fee
Makes $250k in base comp a year, and these are the people programming AI.
quote:
I'm feeling anxious about having only $3 in my checking account.
Followed by:
quote:
12 p.m. — I walk around taking photos with my camera, a 1950s Hasselblad medium-format that I purchased on eBay for $1,100.
There is far too much egregious crap to quote, but I submit my LINK for your Monday evening laughter.
12
Posted on 6/12/23 at 10:04 pm to LemmyLives
Bought a Rolleiflex medium format for way less than that.
What a clown.
What a clown.
Posted on 6/12/23 at 10:41 pm to BuckyCheese
I really don't get how these people look at themselves in the mirror.
Posted on 6/12/23 at 10:46 pm to LemmyLives
quote:
really don't get how these people look at themselves in the mirror.
Probably with a shite-eating, simp, open-mouth smile
Posted on 6/13/23 at 12:13 am to LemmyLives
quote:
Net Worth: $850,000 ($320,000 RSUs + $115,000 in a brokerage account + $245,000 in retirement accounts + $90,000 in crypto + $70,000 in NYC apartment equity + $10,000 HSA)
I absolutely do not count RSUs in my net worth calculations. It's figurative cash until it vests.
I got through about 2 1/2 days and had to stop.
Posted on 6/13/23 at 5:51 am to GEAUXT
Some of you should read the full thing. I’m resisting hitting the softball that’s floating right down the middle with this article. 
This post was edited on 6/13/23 at 5:54 am
Posted on 6/13/23 at 7:47 am to LemmyLives
I haven't read it yet, because I stopped to do math:
$3,671.09 in set monthly expenses.
$11,400 in monthly take home.
$7,728.92 in monthly discretionary.
I know SF and NYC are expensive, but come on, man. Zero dollars in quick access savings such that you have to take a credit card cash advance? That's a special level of retarded.
Eta:
Ok, I feel like I can stop reading the article here
$3,671.09 in set monthly expenses.
$11,400 in monthly take home.
$7,728.92 in monthly discretionary.
I know SF and NYC are expensive, but come on, man. Zero dollars in quick access savings such that you have to take a credit card cash advance? That's a special level of retarded.
Eta:
quote:
Do you worry about money now? Not in the usual sense, but I can be pretty irresponsible at times (for example, keeping almost no liquid cash in my bank accounts for emergencies).
Ok, I feel like I can stop reading the article here
This post was edited on 6/13/23 at 7:50 am
Posted on 6/13/23 at 7:56 am to Joshjrn
A moron and their money are easily parted.
Most important part of that article, the necessity to list her pronouns
Most important part of that article, the necessity to list her pronouns
Posted on 6/13/23 at 8:50 am to lynxcat
quote:
I absolutely do not count RSUs in my net worth calculations. It's figurative cash until it vests.
You aren't wrong but a similar thought process could be applied to normal stocks. They are just numbers on a screen until you actually sell. Stocks can be very volatile and thus your NW attributed to those stocks could be way less when you actually go to sell.
Similar thoughts could go into NW calculation with pre and post tax accounts. A 401k with pre-tax accounts would not actually be worth the same as a roth account with the same balance.
In reality any calculated net worth doesn't really matter except for an internal measuring stick. It is good to have an understanding of your overall financial picture to understand the health of your finances.
I for one am not doing all the math for discounting pre-tax dollars. The math is easy if the tax rate is known but we have no idea the tax rates years in the future. I agree the most accurate instantaneous net worth calculation would not value RSUs at 100% but to value them at 0% may be more accurate for your instantaneous net worth figure it isn't the most accurate representation of your financial picture.
Posted on 6/13/23 at 9:06 am to LemmyLives
That article is substantial proof of how coddled young American women are. JFC.
Posted on 6/13/23 at 9:44 am to Tommy Noble
(no message)
This post was edited on 7/16/23 at 12:17 pm
Posted on 6/13/23 at 9:45 am to LemmyLives
quote:
The doc has over 70 comments, which feels very overwhelming.
try getting 150 comments at 10pm for a client meeting at 2pm the next day.
Posted on 6/13/23 at 9:59 am to LemmyLives
850k net worth assuming she stays for three years at the age of 30.
What are we dunking on again?
What are we dunking on again?
Posted on 6/13/23 at 10:10 am to lsuconnman
quote:
These fantastic stories always seem to be click bait set by trolls
I assume that's what it is, I don't totally understand the purpose of the article other than to rile people up.
Posted on 6/13/23 at 10:24 am to hiltacular
She works for about 2 hours a day, has all kinds of perks and yet she is going to quit a $500,000 a year job?
That is crazy.
That is crazy.
Posted on 6/13/23 at 4:54 pm to RedHawk
quote:
That is crazy.
Proof that women cannot ever be happy, no matter what.
quote:
$7,728.92 in monthly discretionary.
My wife: “hold my beer”
This post was edited on 6/13/23 at 4:55 pm
Posted on 6/13/23 at 5:25 pm to LemmyLives
A) There's some solid gold in that wallotext. Not a lot, but a few great nuggets.
B) She sounds fat.
B) She sounds fat.
Posted on 6/13/23 at 6:35 pm to LemmyLives
Stable coin at 88 cents and doing a cash advance rather than take it out
This post was edited on 6/13/23 at 6:36 pm
Posted on 6/13/23 at 10:29 pm to LemmyLives
$77k equity in apartment
$255k note on apartment
Where the f in NYC is this
$255k note on apartment
Where the f in NYC is this
Posted on 6/14/23 at 5:04 pm to LemmyLives
How does she qualify for a rent controlled apartment?
Page 1 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News