My Salary & Expenses as a Software Engineer in New York City (2024)
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- čas přidán 24. 03. 2024
- Sharing salary and expenses is a great way to spread awareness and knowledge about career paths for people. In light of that, I've decided to share my salary and offer details as a software engineer living in new york city. I'm sharing my monthly expenses so you can see how i live! Also yes, my rent is really high i know.
00:00 - Introduction
00:25 - My Salary
00:53 - Offer Details
2:00 - Expenses
2:13 - Breaking down my paycheck
2:40 - Rent
3:21 - Eating out
4:34 - Travel
5:15 - Shopping
5:20 - Entertainment
6:13 - Total Breakdown
7:13 - Secret Side Income
Business Inquiries: rvbusiness1m@gmail.com
💻 My software company: slyte.app/
🧠 Mentorship: www.becomeabotdeveloper.com/
🗣 Discord: discord.gg/U2YZA9uYJC
Linkedin
www.linkedin.com/in/ritesh-verma-b35bb0169/
Instagram
riteshkv_ riteshkv_
still remember when this man single-handedly carried my SAT studying - you made it man
haha thanks bro but still on the journey to make it 😂🤝
Bro I am currently 16 years old and want to be in robotics and ai
But I am worried that by the time I graduate college there willn't be need for engineers because of AGI or AI. Any tips?
Wowww nice
Yo so I'm about to work at C1 this aug and I wanted to ask something, they cool with you having a business on the side? Cuz I saw your last video and I ain't gonna lie you put me on game so I thought about doing that while working
game recognize game🤝 if you ever need an accelerated path i can always mentor. And they are cool with it
broo.. rent scaring me assuming your in jc/brooklyn how much u think a 1br of the same caliber would cost in manhattan lol and how'd u go about finding ur apt? going to be starting new grad with a $160 base + stock + bonus, and tryna stay under 3.8k but not sure if this reasonable.
very real. also, thats a crazy side business you got, kinda inspired me - what tech stack are you using in most of those projects?
It is mainly Node Js and Tailwind CSS 👍 . Also some no code tools. You can always email me if you want a more in-depth explanation.
Fire video bro! Did Cap1 let you choose your location?
yup
doordash twice a day would be like $60 on $25 and the food expenses would be 2k a month if you account for all that and groceries
yeaaa i’m going to be cooking a lot more now!
What tech skills are mostly on demand on usa ? Im learning web dev, im planning to do mern stack. Hows the demand for mern stack developer in the usa? What skills would u suggest me to learn i am really confused
Ur cooked
I can't imagine the expenses in NYC. Damn. I'm broke and can't even afford my $1400 rent in NC. But I also have yet to start my career in IT.
Keep going and it'll work out for sure!
How is your net pay that much? Are you subtracting federal, state, and local taxes? Are you subtracting the cost of medical insurance? I make just about that much and my net pay is not 70% after 401k contributions
It could depend on how much you are contributing to 401k. I’m also in Nyc so my taxes are higher. Interesting that we have varying net pays.
@@rkumarv I contribute the maximum to my 401k, about $885 bi-weekly. After taxes, social security, etc., I net about 67-68%
Nice! I think saving anywhere between 10-30% of your take home pay is good for saving. More is better but something is better than nothing.
of course! Would love to hit that 40% mark though
bot money carrying hard🔥
yessir, that’s why i’m mentoring the next batch of bot devs 😎
Pls talk about those ai ml like devin etc in coming 5 years
We're doomed
Which university did you studied?
umd
7:01
saving 2000 or less is not good enough? bro I wish I can save that kind of money each month currently. even if I never go out and enjoy life and make as much as possible, I would barely crack $900 and I'm obviously not going to do that, so I'm not hitting those numbers.
you will be able to soon enough and even surpass that 🔥 !!
I appreciate the openness about your finances, but I think your video is highly misleading. For less than 5% of this video's runtime, at the very end, you mentioned you had a startup that allows you to generate $8-10k of savings. If you relied only on your SDE job for income, your attitude to your finances would be very different. Ideally, you should have mentioned this at the onset of the video.
'Promo SM'
well, to be fair, it was a sponsorship 😂
Why is bro kinda...
relax