TLDR graduating next year, have been leetcoding for about 4 months straight, i want the best way to be financially stable, i.e have 250k saved up in ~5 years, is this possible and how I do I go about it? (Any tips on saving, courses or lessons, getting better at my future job (data science) etc will be helpful. TC-0 Will be interning at FB summer 2020 My whole life I have had one goal, that is to make more money that my parents combined. I come from immigrant family who made around 60k combined but now about 150k. They usually have disagreements about money, because one makes more than the other. And due to lack of money, my siblings and I are usually subjected to the usual disagreements they engage in, we are academically strong, I attend a state school and 2 others are/will be attending Ivyies. I decided that I want to major something i enjoy, computer science and just work my ass off till I make it. I donât really understand the concept of saving cuz we lived paycheck to paycheck, but I want to save money, show them that itâs possible and live happily. Been leetcoding cuz this is the game right now, so any advice would be appreciated, wether itâs on saving, getting better at my future job, making connections etc.
Proud of you man. I feel like lots of Blinders have been in your shoes. Keep up the great work.
Bogleheads.org and Mr Money Moustache for savings strategies. Good luck. It is an achievable goal.
Keep up the attitude, that is a big part of starting off the right way the financial aspect of your life. You can def save 250K+ in 5 years in FANG or similar. Aim to save 30% of your paycheck plus not selling stock for 5 years. That can take you to 500K+ in networth. Keep leetcoding and with some luck youâll be there âđ˝đ
Contribute to your 401k! FLANGs will get you the TC you need.
I came from somewhat similar background from yours. Except I was the immigrant. I went from making 1200$ (not a typo) to 300k+ per year. I would say put your hear into learning a lot about your job. My advice would be to plan to be a senior engineer in 5 years and get an 400k+ offer. Meanwhile read some books about budget managment, investment and self help. Here is a list of good books by John Sonmez (I definitely recommend reading his book ) https://simpleprogrammer.com/best-books-software-developers/
Thank you, yes I came here when I was 14 so I guess I am an immigrant as well!
Ty you all, I will keep working hard and take your advices to heart!
When you make it, donât spend it all out trying to copy other people on your Instagram
I see this quite often from my peers who donât even make 6 figures a year and it blows my mind
You have the right attitude already! Iâd say never stop learning, be patient, humble yet competitive, learn how to invest your money. On your job, learn how to find meaning in what you do, itâll motivate you do that hard work that is required.
FB intern who got rockstar rating. PM me
2024 Presidential Election
Yesterday
2355
Biden ruined America and tech! Tax plans are insane
Tech Industry
Yesterday
8381
Finally something to put ChatGPT a run for its money?
Tech Industry
Yesterday
1339
RIP Lacework
India
Yesterday
1553
Please vote sensibly đ
Tech Industry
Yesterday
670
Chances of meta clearing E5 with screwing up one coding one round and acing all other
First go to big names then go to star startups like Airbnb coz the pay is good