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Posted on Apr 20, 2021, 2:44 pm
#11

Quote from: BelowTheMean on April 20, 2021, 02:26:22 PMThat's why I did the surgery during the pandemic. Don't need to take time off if you don't need to go into the office for work.


Did you work remotely?

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Posted on Apr 20, 2021, 3:39 pm
#12

Quote from: DonBones on April 20, 2021, 02:44:10 PMDid you work remotely?


Yep, for me working during LL was no problem and I talk about it extensively in my journal.

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Posted on Apr 20, 2021, 7:31 pm
#13

Quote from: DonBones on April 20, 2021, 09:29:36 AMIn about 2.5 years I saved up $150k.

That's a lot! What do you work? Meth Cook?

2.5 years... $150k... that makes 5 grand a month... are you a CEO? ^^ Where to find money?

In Germany it is difficult to surpass 100.000$ a year, even as a specialized Engineer / Software expert. Median earnings for academic Software Engineers are around 57.000 € / year pre-tax.

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Posted on Apr 20, 2021, 8:28 pm
#14

Quote from: Bjoern77 on April 20, 2021, 07:31:30 PMThat's a lot! What do you work? Meth Cook?

2.5 years... $150k... that makes 5 grand a month... are you a CEO? ^^ Where to find money?

In Germany it is difficult to surpass 100.000$ a year, even as a specialized Engineer / Software expert. Median earnings for academic Software Engineers are around 57.000 € / year pre-tax.


I wish! Where to find money?

The first 1.5 years of that time period I was a so called contractor. Here in London a software engineering contractor can make between £500-£700 per day before tax. At that time if you did it through a limited company the taxes worked out better than for permanently employed people, which meant that I could save around £4000 - £5000 per month. Last year I converted to become a permanent employee because of changes to legislation concerning contractors (that forced us to pay more tax) and because I found a good employer. My salary is not as high as during my contracting days but it still allows me to save around £3000 per month.

A lot comes down to me being in London, I suppose. This is one of very few places in Europe where a simple software engineer can make that kind of money. Even though I actually prefer Germany in many ways, unfortunately there is no city like London, and generally Germany is not the best place to have a career. On top of that, taxes are higher. This results in a lot of advantages such as amazing and cheap education, a very good healthcare system, perfect roads, good public spaces etc, but again it hurts those who want to earn a lot. I still know people from school who aren't any less talented than I am, but who only earn half my salary just because of where they are located.

Having said this, the really high salaries are in the US. There software engineers can make $200-$300k per year without really being special or anything. When I watch CNBC Make It, everyone in the US seems to be on at least $100k! Where to find money? I suppose this is why prices there are higher. Perhaps for many Americans $100k for a surgery isn't all that much.

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Posted on Apr 20, 2021, 9:37 pm
#15

Trust me for the vast majority of Americans doing a 30k surgery is unthinkable and unacheiveable let alone 100k. You are talking about the top 5%. Even in the top 5% an 100k surgery is a big deal and most well-off people still can't afford it. Self selection bias on CNBC Make It, few people make that much

70% of this country lives paycheck to paycheck and cannot afford 5000$ emergency fund

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