My Salary & Expenses as a Software Engineer in New York City (2024)

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  • Опубликовано: 26 сен 2024

Комментарии • 73

  • @rkumarv
    @rkumarv  14 дней назад

    Hey everyone I started a free community of developers pursuing coding side hustles! Highly recommend you join if you are interested: www.skool.com/wifi-life/about

  • @nicholaschoi8096
    @nicholaschoi8096 6 месяцев назад +46

    still remember when this man single-handedly carried my SAT studying - you made it man

    • @rkumarv
      @rkumarv  6 месяцев назад +6

      haha thanks bro but still on the journey to make it 😂🤝

    • @Umbra05
      @Umbra05 2 месяца назад

      I thought I was imagining it

  • @Umbra05
    @Umbra05 2 месяца назад +11

    Bro I used to watch ur SAT VIDS. you helped me net a 1460 and now I’m a sophomore on my way to trying for internships. You inspire me bro, keep at it

  • @anweshbhattacharya8017
    @anweshbhattacharya8017 2 месяца назад +20

    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.

    • @PS-ej2xn
      @PS-ej2xn День назад +1

      You saved me the trouble of watching the video.

  • @Rspbabypuncher
    @Rspbabypuncher 2 дня назад

    Appreciate the transparency dude! I’m a nurse in NYC and it’s tough out here, I have friends that graduated compsci majors and are really struggling to find jobs…

    • @rkumarv
      @rkumarv  2 дня назад

      yea its rough out here which is why you got make sure you have some side hustles going on

  • @iron_nicko
    @iron_nicko 2 месяца назад +3

    Damn last time I watched your videos was back when you used to make SAT content, it's crazy!

    • @rkumarv
      @rkumarv  2 месяца назад

      crazy arc

  • @UsmanDev
    @UsmanDev 6 месяцев назад +5

    bot money carrying hard🔥

    • @rkumarv
      @rkumarv  6 месяцев назад +3

      yessir, that’s why i’m mentoring the next batch of bot devs 😎

  • @Ziteyt
    @Ziteyt 6 месяцев назад +5

    very real. also, thats a crazy side business you got, kinda inspired me - what tech stack are you using in most of those projects?

    • @rkumarv
      @rkumarv  6 месяцев назад +3

      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.

  • @TheBlackLakeSiren
    @TheBlackLakeSiren 5 месяцев назад +1

    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.

    • @rkumarv
      @rkumarv  5 месяцев назад

      Keep going and it'll work out for sure!

  • @gregoryamparo4181
    @gregoryamparo4181 Месяц назад +2

    Bro don’t pay rent. Invest that money in buying your own place in the city. Second, try to learn how to cook at least the basic. If u spend at least 500 on groceries per month, that would last u for a more than a month. And trust me, you’ll have less expenses

    • @rkumarv
      @rkumarv  Месяц назад +1

      yea for sure need to get groceries and trying to get my own place soon that i can have equity in it haha

  • @liy1561
    @liy1561 6 месяцев назад +3

    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

    • @rkumarv
      @rkumarv  6 месяцев назад +4

      game recognize game🤝 if you ever need an accelerated path i can always mentor. And they are cool with it

  • @Tiffanyt899
    @Tiffanyt899 6 месяцев назад +3

    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.

    • @rkumarv
      @rkumarv  6 месяцев назад +3

      of course! Would love to hit that 40% mark though

  • @layth6857
    @layth6857 5 месяцев назад +2

    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.

    • @rkumarv
      @rkumarv  5 месяцев назад +1

      you will be able to soon enough and even surpass that 🔥 !!

  • @anshulganumpally4009
    @anshulganumpally4009 6 месяцев назад +3

    Fire video bro! Did Cap1 let you choose your location?

  • @convolutted
    @convolutted 5 месяцев назад +1

    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.

  • @oldhamer111
    @oldhamer111 Месяц назад +1

    To somebody who lives comfortably on $30k in the UK, these figures are wild!

    • @rkumarv
      @rkumarv  Месяц назад

      always room to grow 🙌

  • @gourabsarker9552
    @gourabsarker9552 6 месяцев назад +4

    Which university did you studied?

  • @mb4404
    @mb4404 6 месяцев назад +1

    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

    • @rkumarv
      @rkumarv  6 месяцев назад +1

      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.

    • @mb4404
      @mb4404 6 месяцев назад +1

      @@rkumarv I contribute the maximum to my 401k, about $885 bi-weekly. After taxes, social security, etc., I net about 67-68%

  • @studyou1016
    @studyou1016 Месяц назад

    idk how you are only spending $600-700 on food in NYC, each doordash/uber for me is like $22, if I do that 3 times a day its $66, so in a month its already $1.9-2k. A dinner date on the weekend is already $150 for 2 if you pay for your date.... do that 4 times a month its $600, Im spending $2.6k on food a month

    • @rkumarv
      @rkumarv  Месяц назад

      2.6k is crazy haha but i do make breakfast and lunch sometimes so that’s probably why I save some. Pop some chicken breast for lunch/dinner call it a day.

  • @koalafro
    @koalafro 2 месяца назад

    This why I love being an authentic new yorker, just started my first job as a software engineer and don't plan on paying no more than 2k on rent in the hood 😂

    • @rkumarv
      @rkumarv  2 месяца назад +2

      it was an option but then how can i get that nice window lighting to create content 🥴

    • @koalafro
      @koalafro 2 месяца назад

      @@rkumarv nah I feel that lol there's some new development rn in Uptown that looks good around the same price but it's still smack dab in the hood so I doubt we'll see people move in or if they do, they'll be gone within a year

  • @jonathanmeza5807
    @jonathanmeza5807 2 месяца назад +1

    168,000... gets dropped down to 82,000, WTF!!

  • @mchi6621
    @mchi6621 2 месяца назад +1

    fyi youre gonna pay more taxes than shown if you're bringing in an extra 130k+ a year as income. Wait til you do your taxes

    • @rkumarv
      @rkumarv  2 месяца назад +1

      trust i know 😞 , already experienced it

  • @dhritimangiri4092
    @dhritimangiri4092 6 месяцев назад +1

    Pls talk about those ai ml like devin etc in coming 5 years

    • @rkumarv
      @rkumarv  6 месяцев назад +2

      We're doomed

  • @Josepllop87
    @Josepllop87 2 месяца назад

    where you live ? I'm moving to ny soon and getting a decent place for less than 3500 is whole quest

    • @rkumarv
      @rkumarv  2 месяца назад

      on the streets brodie

  • @victoriashchedrina393
    @victoriashchedrina393 Месяц назад

    Which university have you graduated from? What specialty did you study? I'm an incoming student. Thanks for the video❤

    • @rkumarv
      @rkumarv  Месяц назад

      I studied Computer Science at the University of Maryland, College Park

  • @hassansyed6087
    @hassansyed6087 Месяц назад

    $3k for rent and it's not even contributing to any equity. That stings man. It's just evaporating in thin air but you're still killing it and just keep saving for a down-payment.

    • @rkumarv
      @rkumarv  Месяц назад

      agreed looking to get something else in 2025

  • @meghanakarumuri9741
    @meghanakarumuri9741 6 месяцев назад +1

    Wowww nice

  • @docgraal485
    @docgraal485 28 дней назад

    That rent payment would physically pain me every month😂 I think I’d rather live frugally and get a mortgage

    • @rkumarv
      @rkumarv  23 дня назад

      Getting a equity based residence next year 🫡

  • @daniel_cfh2783
    @daniel_cfh2783 5 месяцев назад +1

    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

    • @savingsoulsforchrist6185
      @savingsoulsforchrist6185 4 месяца назад

      Ur cooked

    • @ijasdeen3809
      @ijasdeen3809 10 дней назад

      Learn python

    • @daniel_cfh2783
      @daniel_cfh2783 10 дней назад

      @@savingsoulsforchrist6185 nah, i did core java 2 years back, so i decided to do java again, started java from past 4 and half month again and did some projects and got an internship atleast last week

  • @gorkemgozukara4538
    @gorkemgozukara4538 Месяц назад

    Hello bro,I have a question, do you have a linkedn ?

    • @rkumarv
      @rkumarv  Месяц назад

      yup check description

  • @chaos_divided
    @chaos_divided 6 месяцев назад +2

    Why is bro kinda...

  • @jamierempel
    @jamierempel 5 месяцев назад

    'Promo SM'

    • @rkumarv
      @rkumarv  5 месяцев назад

      well, to be fair, it was a sponsorship 😂

  • @DailyPeacer
    @DailyPeacer Месяц назад

    You’re beautiful lol

    • @rkumarv
      @rkumarv  Месяц назад

      homie glazing (but i appreciate it)

    • @DailyPeacer
      @DailyPeacer Месяц назад

      @@rkumarv no cap 🧢 anyways good luck on your life wishing you success, I’m 15 any tips on life like money or school?

  • @nobody-er6ys
    @nobody-er6ys 6 месяцев назад +8

    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?

    • @UberEverywhereSKRT
      @UberEverywhereSKRT 2 месяца назад

      just switch

    • @apricotmadness4850
      @apricotmadness4850 2 месяца назад +1

      You’ll be fine. AI isn’t going to fully automate your job and an actual AGI is so far off from being a real thing that when it does happen, all jobs will be automated at that point no matter what industry.

  • @revwarriors7749
    @revwarriors7749 5 месяцев назад +1

    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

    • @rkumarv
      @rkumarv  5 месяцев назад

      yeaaa i’m going to be cooking a lot more now!