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Hello Sharks, My HR interview is scheduled with an US MNC for one of the niche skills in MarTech space for an IT consultant role. May I know how much salary should I expect? I am expecting around 35 to 45 LPA My current CTC is 18 LPA and YOE 10 years. This is a fully remote position
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Just a Lauren in CA looking for her Cameron 🙌🏽
Can anyone recommend a good accountant for DC?
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Decided to payoff my mortgage.
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You shouldn't be sacrificing your mental health to save money. Just stick to good overall habits and your $ will grow.
Coach
Don’t prioritize a number on paper over your mental health.
In general, it is important for you to plan your finances carefully and save for the future. But being physically and mentally well will make you a more productive member of society, which should lead to wage growth, which accelerates your savings.
If you need a lower stress job to be able to stay more focused and mentally stable, don’t be afraid to take that half step back. A big part of the “FIRE” movement is around getting out of the rat race sooner than later, but it’s also about work life balance and emphasizing the “life” part of that situation over work.
Thank you! It was actually the living at home to save on rent that was more hurtful to my mental health but I'm starting to recover now that I'm out. But so true! Thank you for that perspective, I neglected that part of the goal while at home oof
Find a pace that's comfortable and stay there. You're playing the long game, not a sprint race. You're doing great.
Compound interest, my friend. Congrats on making such great progress at such a young age! When you’re 30, 40, 50 that number is going to be much bigger especially if you keep adding savings to it. Caution though, don’t sacrifice your mental health or well-being because it’s not worth it if you have to spend all your hard earned money on healthcare later.
Thank you! I plan to continue to add it :) and you are 100%, I'm working on improving that now!
This is great! I started saving late and I remember when my initial goal was 100k, then 300. What you’ll discover is with compounding it snowballs. I feel like at 500 it started taking off, at a mil even more so. This will happen to you too. You’ve made a great start.
Thank you! That is very comforting, I can't wait to feel the snowball effect
Neither does $20 but that is how I started.
This is the issue with compounding and monkey brains. We underestimate the long term impacts of small things and over estimate for “large” things.
If you build out a compounding table starting at $1 (pick your rate) and graph the result, for a long time it does not look like anything is happening but dirtier out it is a different story.
What app is this
Mint
I started saving early. Get example of why is this well known riddle. Someone who is 20 years old saves S 2,000 year for 10 years investing in an index fund. They stop saving. Some one else starts at 30 and invests in the same fund $2,00 a year. How many years does the person who started 30 have to save until they catch up with a person who saved from 20 to 30. The answer is they never catch up. Save early the effect of compound return on investment is powerful
Not sure this is true. If the person A stopped saving at 30 and let funds grow in index, and the person B kept saving + investing 2k from 30 and having index gains, person B would get ahead person A by retirement age (before 60). Agree your example is powerful, “but never catch up” is not true.
Thank io