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re: Thought I'd share the biggest personal finance train wreck ever seen

Posted on 10/31/18 at 10:37 pm to
Posted by RebelExpress38
In your base, killin your dudes
Member since Apr 2012
13713 posts
Posted on 10/31/18 at 10:37 pm to
quote:

They should buy a used $2500 camper trailer and live in it in a parking lot behind one of their jobs.



You laugh, but there’s a kid who did this at google in San Fran and it was genius. Google has showers and food at their offices for employees so all he had to do was walk from the truck to the office for any of his basic needs.


23 year old Google employee lives in truck in parking lot and saves 90% of income


quote:

When 23-year-old Brandon headed from Massachusetts to the Bay Area in mid-May to start work as a software engineer at Google, he opted out of settling into an overpriced San Francisco apartment. Instead, he moved into a 128-square-foot truck.

The idea started to formulate while Brandon - who asked to withhold his last name and photo to maintain his privacy on campus - was interning at Google last summer and living in the cheapest corporate housing offered: two bedrooms and four people for about $65 a night (roughly $2,000 a month), he told Business Insider.

"I realized I was paying an exorbitant amount of money for the apartment I was staying in - and I was almost never home," he says. "It's really hard to justify throwing that kind of money away. You're essentially burning it - you're not putting equity in anything and you're not building it up for a future - and that was really hard for me to reconcile."



Posted by Hangit
The Green Swamp
Member since Aug 2014
40445 posts
Posted on 11/1/18 at 5:08 am to
I remember that article. There were also others. Those kids were getting $150k a year, then realizing that the cost of living in Silicon Valley was outrageous.

One I remember was a kid getting a 10x20 apt for a little less than $4k a month.


This particular couple in Vegas can barely afford a tent. She wants to return to school and let him try and cover all their expenses, plus her student loan payments. She has ruined her life and is trying to make sure he is screwed too.

He should run like a scalded monkey.
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