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A comment on US inflation means families are spending $709 more per month than two years ago. Parent comment

Re:US inflation means families are spending $709 more per mo... by scarface_74 on Sunday August 13, 2023 @03:45PM (#37113622)
I definitely never kept my RSUs after they vested. I always diversified them over the six months. I wouldn’t have used 25-30% of my cash income to invest in my company stock. Why would I keep my RSUs instead of selling them?

While I could live off of my base income working remotely in the burbs of Atlanta, there is no way that my friend who had to relocate to Seattle and had two kids and a wife could have managed on the same $160K base.

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Re:US inflation means families are spending $709 more per mo... by itake on Sunday August 13, 2023 @04:19PM (#37113994)
I always sell my RSUs as soon as I can, but the proceeds never touch my checking or savings account. I directly purchase ETFs.

When my base salary was $150k in SF, I worked a side contracting job to cover lifestyle costs so I could max out ESPP and 401k. Certainly if you have a family, you may not have the time to do that.

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Re:US inflation means families are spending $709 more per mo... by scarface_74 on Sunday August 13, 2023 @04:39PM (#37114198)
I promised myself since I got (re)married in 2012 that I would never work two jobs. Whatever I couldn’t do with one job, wouldn’t get done.

The reason I’m not at Amazon is for the same reason. I don’t work more than 40 hours a week on a normal basis and that’s what my new manager wanted me to do to show “improvement”.

Don’t cry for me. I saw it coming two months ago and I already had a few feelers out and I am 99% sure that one will come through within the next two weeks ago.

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Re:US inflation means families are spending $709 more per mo... by itake on Sunday August 13, 2023 @04:53PM (#37114346)
As you probably know, working multiple jobs doesn't mean you have to work more than 40 hours per week.

There are a many jobs that only require 20-30 hours per week. You can still limit yourself to 40 hours per week of work, but enjoy the benefits and security of multiple jobs.

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