Can I get rich by living with my parents to save money while working in tech in silicon valley

eBay / Eng dHCF88
Feb 6 23 Comments

I have a choice of barely scraping by while working at Google or worker for lower comp at a startup and saving by paying no rent.

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TOP 23 Comments
  • New tagged
    No. You want to find a partner with high TC and combine your TC. Combined TC will grow much faster rate than single TC
    Feb 6 7
    • New tagged
      You can’t get a loan or a mortgage if you’re investing in real estate. You will be able to qualify for more and have properties not accessible to a lower TC. I did say a combined TC can grow at a much FASTER RATE, not a fixed rate

      Obviously you’re too dumb for investing and don’t know how to grow your tc
      Feb 6
    • Oracle / Eng
      pycharm

      Oracle Eng

      PRE
      Stealth Worker
      BIO
      Control over your own life is an illusion.
      pycharmmore
      You’re telling me if I make more money, I’d have more money?

      Big if true.
      Feb 6
    • New tagged
      The rich get richer and the poor stay poor. That’s the way it works. You also share resources between a partner and reduce your spendings, increase your savings and investments.

      You do the math. If you’re too dumb I’ll do it for you.
      Feb 6
    • Oracle / Eng
      pycharm

      Oracle Eng

      PRE
      Stealth Worker
      BIO
      Control over your own life is an illusion.
      pycharmmore
      Sounds like the more partners I have the richer I’ll get.
      Feb 6
    • New tagged
      Mormon is the way to go
      Feb 7
  • Apple / Eng
    iHateFruit

    Apple Eng

    PRE
    Apple
    iHateFruitmore
    I would prioritize career growth and happiness.
    Feb 6 0
  • Cisco Xox
    You can’t live with parents and work at google?
    Feb 6 0
  • This comment was deleted by original commenter.

    • eBay / Eng dHCF88
      OP
      With 3k min Rent for a small apartment, taking home 8k a month after tax is like taking home 5k. I will only be able to save about 4k a month which is pocket change here.
      Feb 13
  • New / Eng
    ⦅dhyana⦆

    New Eng

    PRE
    Apple
    BIO
    A fool is wiser than a prophet.
    ⦅dhyana⦆more
    Feb 6 1
    • eBay / IT
      manorama

      eBay IT

      BIO
      Coder
      manoramamore
      TLDR on the video summary ?
      Feb 8
  • It’s the not money that will get you rich.

    Having a financial roadmap, financial education and literacy will get you more wealth.

    And you don’t need hoards of cash to be able to generate wealth.
    Feb 6 0
  • Capital One / Other debrew
    Maybe.
    Feb 6 0
  • Snapchat mmmMMMmmk
    No
    Feb 6 0
  • Amazon / Eng tylium
    Barely scraping by working at google? Wtf you talking about.
    Feb 6 1
    • Snapchat mmmMMMmmk
      Cafeteria worker maybe?
      Feb 6
  • Dropbox thrwaway88
    Let's say you save 3000 per month. That's 36k per year post tax. Not enough to make you rich.
    Feb 6 1
    • New / Eng
      ⦅dhyana⦆

      New Eng

      PRE
      Apple
      BIO
      A fool is wiser than a prophet.
      ⦅dhyana⦆more
      It would be irrational to do that. The ROI of saving is way lower than the ROI of investing in stocks.
      Feb 6
  • Amazon dmx2001
    Yes!!! Do it!
    Feb 6 0
  • Cloudflare / Eng myimouto
    Saving on rent is good, but google will pay more than the startup + rent savings
    Feb 6 0
  • Yes. This is also another option to stay vergi loop
    Feb 6 0