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Why too many people leaving FIS ?
Hi Fishes, With 3 years of experience as manual tester I want to switch my profile to Java developer.. for that I prepare Java OOPs concept, collection etc. With concept knowledge of spring framework.
Is it a good to go for role change.. is it possible to get settle in live project.. or is it a risky one?
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Do I have to spell it out?
I am currently recruiting for a number of critical roles at START Treatment and Recovery Centers in NYC .
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Why is everyone going on about how he has 300k?? Focus on his question. I would first work out a detailed plan of exactly what the company would do, and would try to start it already on the side. Secondly , 3k isn’t being frugal , and as you earn more income that could increase (especially with children). Given you have had good jobs / have a good job , I would really think it through before you do quit and know exactly what you will do.
Or they*
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lol I’m 29 and have less than 20k saved. Yikes. Well done you!
SM2 you’re probably in the top 5% of incomes before reaching 30, def not doing bad! It’s easy compare to those doing better than you.
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How the hell have you saved 300k. Teach me
P1, £190k gain on a starter home (presume op was only mortgageable to <£450k with a £50k gift at 23 years old is substantial.
Im 29 and working desperately hard at high paying jobs to try and save up 100k, which I believe can be achieved by the time I’m 31. This is with 0 financial help from anyone, immigrant to the UK through sponsorship, forced to keep the wheel turning to stay afloat etc. obviously crazy lucky to have had a great education so its not exactly 0 help, but lots of debt to pay back and family to help etc. Many people would relate to my situation.
My goal is once I have atleast 100k I will quit my job and take a year off travelling, because I’ve basically worked flat out and really need the break/the chance to figure out my life a bit and step away from the survival mode.
From my perspective, 2 things:
-300K at 27 is very impressive. At this rate you will probably be financially okay no matter what. Based on that, you can afford the luxury of giving yourself proper time to think, to plan, to focus on your own hustle 100% (as you can support yourself for a while on this money). This to me is the absolute key and what holds people back: most people just don’t have the luxury of being able to actually strategise, they spend 90% of their time just keeping the wheels turning. I would really take advantage of this.
2- You clearly come from a really good background given your parents helped you with equity and you have 300k at 27. Not to discredit your hard work, I’m sure you’ve worked crazy hard, but it’s somewhat an unrealistic outcome regardless of that. Your financial position is ridiculously good, so there really is no need to stick to your job you don’t like. I would challenge yourself on why you’re still there - do you feel like you need to prove something? Do you feel like prioritising your happiness is wrong? Is there pressure to be as successful as your friends or your family? Think about that, because my advice is that’s all bullshit. Just be happy, and pursue what makes you happy. I would give the same advice to someone on low wealth ultimately (within reason) - but someone like you, I would prioritise happiness, you have the luxury to do so and there’s nothing wrong with that
Who?
^ what they said
Put it all on red.
Surely you can't have saved all 300k by yourself. Impossible nowadays. I would also love to learn your ways.
Buy when prices are low, sell when prices are high
If it were me in your shoes:
- Own company = significant stress. I'd avoid this, you have will also tank your savings if it goes wrong.
- Stay in well paying career for another 10 years
- Keep investing
- Get an easier job around 40, maybe work for the council (big pension, fuck all work, good holidays)
- Live your life
If you have sold your property, you will be back in for another one at some point? So think about how much you need for that
Also maybe put a chunk into ISA or pension which can snowball ~30 years for early retirement age
Once you have house and retirement covered it makes some of these risks easier
Think simple math first if you are thinking of quitting your job:
A. For a year incl some holidays, your expenses and some unforeseen expenditure you burn £60K
B. You keep £60k as your emergency funds
C. For your venture is the runway of £180K for a year enough ie your idea review+ sales pipeline + hiring + MVP + …. Etc.
OR
Would it make sense to spend £30K without leaving your job to create MVP of your venture?
I’m making some assumptions here as I don’t know anything about your venture nor about your risk appetite. Happy to extrapolate further if you could share some more details.