Based on my experience of having moved countries, I can tell you that many types of fruit in this new country(AU) is definitely a lot more sweet than what I am used to. This is not scientific research of course and it could be attributed to many things(soil, environment, fertilizer etc) besides favoring the sweeter lineage but I have noticed that it made me stop eating them.
Now a Granny Smith apple here may be different to the Granny Smith apple I used to eat but this is just to illustrate that I am not comparing two different kinds of apples.
I agree that they are tradeoffs and I find it strange to use a term like "sensible" to describe them. In my mind, it implies that if you're not using them you're not being sensible. And in my experience, people who can't explain that these are tradeoffs often use words like that[0]. Of course English is not my first language so that may be the reason why I think that.
These may be useful settings for a certain kind of application under a certain workload. As usual, monitor your application and decide what is suitable for your situation. It is limiting to think in a binary way of something being sensible or not.
[0] Like "Best Practices". Any else you can think of?
Does that amount qualify as "F YOU" money? I always thought it was if you have multiple years worth of savings.
But I agree. Some funds to fall back on is critical. The amount is highly dependent on your situation and risk comfort level and can be argued back and forth but not having any puts you at the mercy of whatever your employer/manager decides. Or even you getting sick and unable to work for a while. And even if the former doesn't happen, the latter definitely will at some point.
Though I am reading some of these comments and wondering why they'd call losing a job an end-of-the-world scenario. I've always thought people on this forum are the type of working professionals that could afford to put away a few hundred dollars a month even if they're not on SV wages. Mind you, I am not talking about an amount of money to allow you to retire but just enough to get you going for a few months until you can figure something out. Even if married and with children. That just changes the math a little bit but not the approach. Is there something I am missing?
> Does that amount qualify as "F YOU" money? I always thought it was if you have multiple years worth of savings.
F YOU money is so that if your boss/employer/... pisses you off you can tell him "F YOU" and pack your shit and leave without a single worry on your mind
> The amount is highly dependent on your situation and risk comfort level and can be argued back and forth
Absolutely not - it is a simple math. If I spend $10k per month, I need $60k or $120k saved to have a cushion of 6 months (or 12 months). there is no argument, I said F YOU and I am now without a care in the world and can take my time to figure out what I am going to do next without needing to stay somewhere that makes me miserable (or same if I get fired)
> Is there something I am missing?
"According to a YouGov survey from May 2023, only 18% of Americans have savings between $1,000 and $10,000"
Now of course probably 2% of them or less are here on HN...
To me, F-YOU money means "enough to retire today." It means you can live your current lifestyle using just 3% of it per year, which is a pretty normal retirement draw-down rate. Anything less, and it's not really F-YOU money, it's "I can take a brief sabbatical at the cost of adding N more years of work before retirement" money.
Yeah, that's closer to my understanding as well. Not necessarily retirement but a few years of runway perhaps. The 6-12 months thing I've always seen being called an "emergency fund" which in turn is different to your savings which may not be liquid.
There is a HUGE difference between emergency fund and FU$
If my lifestyle currently is:
- summer vacay in Bali
- two ski trips, one US, one in the Alps
- eating out once per week
- daily Starbucks
- …
FU$ means I continue doing EXACTLY this, for 6/12/18 months.
Emergency fund would be I cut down all my expenses to a bare minimum until I find new source of income. Can’t say FU if I can’t go to Bali (I love Bali :) )
Sure, I wouldn't advise taking any expensive vacations or anything of that nature. But what caught my attention were the terms "pants-on-fire emergency" and "I would be interviewing 24/7". I mean I get it would be a stressful situation and may cause anxiety or panic but having those strong emotions could also lead you to end up working in a bad workplace which would make your mental health even worse. I am not judging, but those words just left me wondering what am I missing. And this is speaking as someone with a family to support.
I agree with the zen masters description though. I wouldn't be so zen about it either.
Here's the YouGov survey if anyone is interested [1]. A lot of people do indeed not have a lot of savings:
> One in 10 consumers do not have any savings (12%) while a slightly higher percentage of consumers say they have less than $100 in their savings account (14%). A further 13% of Americans say they have between $1,000 and $4,999 in savings. Altogether, that means that half of all Americans have less than $5,000 to fall back on.
Except that me saying the amount is dependent on your situation is leaving some margin for if your child is special needs or you're going through a divorce or taking care of elderly parents or things of that nature where you'd probably want to decrease your risks by increasing the 12 months to 18 months to account for more unknowns that wouldn't apply to other people, for example. I do not consider it to be simple math nor a matter of an absolute right/wrong stance.
I apologize for saying simple math in a kind of an “absolute” way but I meant it in a “math” sense that I know my expenses and as well how long of a “cushion” I need to feel like I can FU out of a bad situation (or if get into a bad situation beyond my control). I also know my known expenses are just that - known expenses but of course there is always the unknown. But I am guessing adults could ballpark a figure that will get them through X number of months
No problem. Now that you mention it, I find it incredible that many people I know wouldn't be able to tell how much they're spending on what. Not even ballpark it. This is the first thing to start with and is incredibly easy to do, if you choose to. Whether you call it FU money or emergency or something on the side or whatever, you at least need some numbers.
And we're not talking about wealthy people here but the ones who complain that there's nothing left when there's an interest rate increase. I don't know maybe it's the crowd I hang out with. Or maybe they are actually wealthy and just don't want to say it.
Whether something is simple or not I'd say depends on the use case. But I found borg to be great. I'd recommend you check it out and go through the quickstart guide in the documentation. It does de-duplication and encryption. It does a lot more but you don't have to use those features if you don't need them. I couple it with borgmatic to implement a backup and disaster recovery procedure that is meant to decrease the risk of data loss. I also use borgbase and they have a good service but using something like B2 with this rclone support would result in a cheaper alternative if you don't need the extra that borgbase provides.
I've been using it for quite a while now both for my personal projects and paid work and have had a good experience with it.
Oh very interesting. This has been a requested feature for a while especially with the rise in popularity and the decreased cost of object storage.
Borg working with object storage was not supported though some people did use it that way. From my understanding, most would duplicate a repo and upload instead of borg directly writing/manipulating it. This could problematic if the original repo was corrupt as now the corruption would be duplicated. So this will make things much easier and allow for a more streamlined workflow. Having the tool support rclone instead of specific services seems like a wise and more future-proof choice to me.
This hasn't been my experience in Australia. I don't believe this law will make a difference at all either. The reason is that if you refuse to do it, then this will come up during performance reviews as something else. "More responsive" or "available for your teammates" or "more of a team player" etc. Of course the manager won't be asking you in any direct way or in written form to be available outside working hours. The incentive system will just be changed to make it your choice to do so.
Conducting interviews over the last year or so had people telling me of their stories. The labor protection laws didn't seem effective except for clear cut cases and even then you'd probably just get a bit of money and you would've ruined your reputation of getting hired ever again because you're a trouble maker.
The law won't make a difference for us, but it will probably make a difference to the super-market employees being phoned at 6am and asked to take on an extra shift today.
I'll offer a counterpoint. I've interviewed a number of people recently and the things that I was looking for were not leetcode related or any of that nonsense. I would've been thrilled to discuss code you've written, projects you're interested in or approaches that did not work. I'd go as far as saying that resumes have become close to useless these days.
Unfortunately, I've seen people take it too far in both directions. Ones that could probably ace leetcode problems but did not have a good understanding of how software works and ones that were deep into marketing and branding but can barely write functioning code.
You'll have to look for what works for you. I am saying this both as someone who has to hire and someone who was looking for work at one point.
You're the minority, from what I've read from others and experienced firsthand.
Typically the technical interviews at companies (in the US at least) consist of HackerRank (either something generic a la leetcode or something made in-house at the company) followed by a live coding test and trivia (SOLID principles, Gang of Four design patterns, OOP fundamentals, sometimes things specific to the languages the company is using). This is for senior level positions. I find most companies put all SWE candidates through the same interview process, same coding challenges/leetcode, regardless of experience level.
A lot of people around you will be very generous with their opinions and advice while often neglecting the part where you're supposed to gather context before offering any words. Think of it as writing code before knowing the details of the problem that you wouldn't be able to reproduce anyway. You can do it and I've seen many people try but it's quite an ineffective way to build software solutions.
Charged around 1.5k AUD for a recent back to back install in Melbourne. Tradies have bumped up their rates by quite a high margin citing cost of living and with it their profit margins.
You don't. At least not for an install these days. Their data point must have been from a few years earlier.
My experience having installed one a couple of months ago is that the installer charged around 1.5k AUD just for the installation(by my calculation using retail prices) for a back to back "simple" install for the same brand and size mentioned. This is in Melbourne, Australia.
I did get multiple quotes that were the same and this was before peak summer season. The ones that were lower were either not licensed or wanted to do it for cash - meaning they wouldn't declare and pay taxes on it so the customer gets it for cheaper. It also means they won't give you an invoice and good luck claiming damages without evidence.
They blame the high cost of living but knowing some insiders, the margins are huge.
Now a Granny Smith apple here may be different to the Granny Smith apple I used to eat but this is just to illustrate that I am not comparing two different kinds of apples.