Re:Programmers Should Plan for Lower Pay?
by jb775 on Sunday December 29, 2019 @02:38AM
(#21904649)
> My advice is similar: live on your base salary, and save a lot of it
To be fair, that comment doesn't exactly align with advising someone against getting a mortgage they can't afford unless they receive a bonus.
I'm currently reading "Narrative Economics" by Shiller and it mentions propaganda historically being fed to the poor/middle classes in regards to saving as much money as possible (so banks could profit or earn commish off it)...I'm by no means against saving/investing money, but your original comment (and the multitude of others that are similar) makes me wonder how much of that propaganda is alive and well today.
To be fair, that comment doesn't exactly align with advising someone against getting a mortgage they can't afford unless they receive a bonus.
I'm currently reading "Narrative Economics" by Shiller and it mentions propaganda historically being fed to the poor/middle classes in regards to saving as much money as possible (so banks could profit or earn commish off it)...I'm by no means against saving/investing money, but your original comment (and the multitude of others that are similar) makes me wonder how much of that propaganda is alive and well today.