emilepetrone / financial_lessons

What financial info would I have wanted to know when I was 22 and jumping into tech?

Financial Lessons After 10+ years in Tech

What financial info would I have wanted to know when I was 22 and jumping into tech?

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https://www.ficombinator.com/ for posts

💡Origin Story

This project started after I posted the idea on Reddit.

https://www.reddit.com/r/cscareerquestions/comments/swdgiq/financial_advice_after_a_decade_in_tech/

After a huge outpouring of support, I'm writing this book/repo/project. Feel free to create issues or PRs if you find something you think is incorrect or needs fixing.

Thanks for your support!

Emile

@emilepetrone

Update

I am kicking this into gear and will be on FiCombinator.com June 2024

financial_lessons's Issues

Compensation at Startups VS Bigger companies

What differences do compensation packages at startups vs at big companies have you seen, and what things are things to aim to get (I.e bigger salary or more equity/shares)?

So is this repo dead now?

Seems like the author reneged on his promise lol

Private Equity as part of Total Compensation

How is private equity valuable if the company never sells or goes public? It just seems like funny money at that point.

Is the endgame for every startup to go public at some point?

It feels a little disingenuous to include private equity as part of total comp since the company may never go public or get bought.

Contract work - how to bill and taxes

I'd be interested in a section about contract work. I've been thinking about contract work but I don't really know how it works, pros and cons, health insurance, taxes, etc.

Will you write anything here?

I'd love to learn the lessons you have already learned.

Should cover lifestyle creep

Lifestyle creep is a phenomenon where people gain income but don't end up saving more because they spend more on luxuries. https://www.investopedia.com/terms/l/lifestyle-creep.asp#:~:text=Lifestyle%20creep%20occurs%20when%20an,former%20luxuries%20become%20new%20necessities.&text=A%20hallmark%20of%20lifestyle%20creep,right%20rather%20than%20a%20choice.

Pretty common to see in tech as your salary goes up, junior -> mid -> senior -> lead.

Where'd the advice go?