Developers are not always rich people
I really struggled through university, and have been lucky to find employment. But with debts of over $50k and living in a UK city to be close to work is slowly bankrupting me. I am loosing. I am loosing my health, and slowly my will to live. I am now sitting outside a cafe using my phone on free WiFi as I have had my telephone lines disconnected and am building up rent arrears.
I wonder how many people are in this situation? And how it makes you feel? Where can I turn to get help??
41 comments
[ 3.5 ms ] story [ 70.1 ms ] thread$50k is do-able even in South England, I mean you won't be a movie star, but you'll get by on rent and so on until your salary increases. It is only London where that won't cut it.
http://www.dailymail.co.uk/news/article-2477291/London-rents...
I lived in London for five years and it was the most miserable five years of my life, rent was £1,000 a month for a shared house in Camden, and with bills on top the majority of my salary was eaten up by living. I moved from London to Liverpool, my salary actually increased, and my rent halved for my own apartment. Now I have savings, my office is walking distance (8 minutes, to be precise), and the city is friendlier, safer, and being smaller it is made much easier for seeing friends and getting out more.
What London doesn't want you to know is that there's a whole country outside of it, with much better living conditions.
If moving is not an option, you can look at reducing and removing your debt using a charity, they arrange monthly payments straight out of your salary so that you're not building arrears, Martin Lewis normally has good advice on this sort of stuff: http://www.moneysavingexpert.com/loans/debt-help-plan – the same website will also help you lower your outgoings.
Most importantly, $50k is not a lifetime of struggling, and you should look at getting a payment plan sorted before it becomes usurious. I've seen debt do horrible things to people and families, it's better to fix the roof whilst the sun is shining. Talk to someone.
Yes, if you want to save money then don't live in London. I'm currently commuting 1.5 hours and walking some of the journey to shave off as much money as I can from my commute expenses. Trains still aren't cheap and travelling is exhausting but it saves me money. In my experience London salaries are higher on average (£2-4k) but not necessarily.
Maybe try freelancing in the evenings to scrape together more money.
When you're not born rich, you have a big challenge ahead of you. You fight, or you die.
Honestly, you could be in a much worse position - I was homeless out of grad school with no prospect of netting a job...for 2 1/2 years. I spent one week eating nothing but oatmeal due to lack of money.
Focus on saving your money and using it judiciously - don't pay your debts until you can safely manage it. Accruing them in the long term is better than making irresponsible payments.
I've done the math, and the savings are worth it for me. Instead of idling in traffic like most commuters, I make the sleep sacrifice and show up about 15 minutes early. According to my car's built-in fuel economy monitor, I get about 16-18 MPG on a typical rush hour commute and 26-30 MPG if I'm early. That's huge.
In addition to your commute, see where else you can cut costs. Americans spends nearly $8 daily on lunch. Bringing your own $3 lunch would save you about $100 monthly. You can also look into budget friendly foods that would put you at $1.50 per meal which would increase those savings to $130 per month.
I don't know your overall financial situation, but consider creating a list of all of your monthly expenses. Before you even begin budgeting, start striking out items that are more luxury than necessity. Cut cable in favor of Netflix only. Hell, go rogue and stream everything. Drop your expensive phone plan for something simple. Consider cutting data out of your phone plan altogether. I don't know how connected London is, but I'm almost always in range of an access point.
If all else fails, look to family for some funds. Hope that helped.
More to your question: I'm not sure if you're currently employed or not. Either way, it looks like you need to find a new job, so that's what I'm focusing on.
Almost all of my job prospects have been from people I already know. In fact, my next job (starts in two weeks) came out of a chance encounter at a conference (I happened to sit at the right table for lunch). If you're job-hunting, you should be going to at least one meetup or other tech event per week—ideally more. Also, keep networking even when you're not actively looking—you never know when that might pay off (or you might be able to benefit them) in the future.
Think of anyone that you know that might have a lead—former professors, friends, people you know from church or other social organizations, etc.—and see if you can meet them over coffee. Applying for a job with an inside connection is much more effective than applying blind.
I've been where you are—I had an unconventional resume, and the wrong bullet points on my resume (tons of Java experience in an area where most of the big enterprises are on .NET). It sucks. The feeling of repeated rejection is soul-crushing. The amount of perseverance needed is staggering. But, I can say with a high amount of certainty that you can get through this. Don't be afraid to ask for help—no one should have to go through this alone.
The advice I have: If you have a college degree or at least 5 years experience in programming, know that you more valuable than you think you are. Also: The reality is, you are replaceable. Keep moving on til you are loving what you do and doing what you love .. and getting paid to do it.
no wonder I still see Ads for C++ contracts in Melbourne for $50/hr for a mid-senior level job... clearly there are people who work at those rates...
the biggest thing holding dev salaries back is cause many devs love what they do..
If you really need the money and don't have another option then working for a very modest quantity of money sure seems like a much better deal than working for none at all.
I know a bunch of freelancers who get paid a ridiculous amount of money for simple web-dev stuff, just because the companies they work for don't know anything about this and are simply happy to have found a dev.
dev skill isn't a common one, it takes a special kind of mindset to be a half decent dev...
We don't seem to be valued much at all.
I would work for $10, not per hour just ten dollars, because it would be more than the zero I earn right now.
but the rates should be similar to what is earnt by other professionals.. in this case the rates seemed to be at burger flipping ones for the region..
basically I feel lots of devs are underselling themselves..
I'm a senior and graduating in the Spring.
35-80k
Reading your story is an inspiration that you can make it work by managing your budget.
But it eventually worked itself out. 5 years later, I have solid roof over my head, a good job, a wonderful wife and a great life. I think the most important thing for me to realize is that those things, being the stuff that eats us up inside, like bills, money and jobs, are really a small part of life, and you can never let them rule your life.
Whatever you do, don't sell yourself short. Always be looking and open for any opportunities that present themselves to you. Be on your own advocate and make choices that are best for you, not your employer, parents or anything else. In the end, the only truly required attribute, in my humble opinion, that is required to be successful as a software developer(and many other things), is persistence. Persistence to learn the basics, persistence to hone your skills and persistence to look and keep looking until you find a job that fits your needs.
Many of us don't choose to have a landline. Pre-paid mobiles can be an excellent deal in the UK.
Nobody gets rich by spending more than they earn. I am guessing you are being paid reasonably well. More than a recent immigrant, etc. So as painful as it might be, you need to adjust your costs (rent is probably one of the biggest ones) so that you are spending less. As many other HN readers have pointed out, you could move to somewhere with more affordable rents, either commute or find a job closer to home. Do you spend money on eating out? new toys? a car you hardly use? They are all discretionary spends that you could cut back on.
If you are really suffering from burn-out, depression, some illness, then get that attended to urgently.
(There are alternatives, but they are atypical.)
I live in Wales, and my mortgage is £320 a month, taking my bills into account that is roughly around £800/£900 a month.
First thing is you need that roof over your head, if possible clear those arrears as a priority - moving will become more difficult if you leave with debt as no agency or landlord will touch you and it will damage your credit rating for years.