[ChuckNorris89]

>Could this be a sign that it is tough in the SWE job market at the moment?!

No. There's plenty of companies hiring everywhere. SWEs will not be unemployed.

It's probably tough only if you expect to still make post-pandemic boom Google TC and perks at Google WLB.

Which is why it's wise to avoid lifestyle inflation. If you ever land a lucrative job during a boom, don't expect it to last forever and start buying Ferraris and max out your loans. Be humble and wise with your spending so you can whither any storm.

[7thaccount]

Wise words for sure. That sports car is almost never as rewarding as you think it'll be, but not stressing about money surely is.

[Eumenes]

The cost of a sports/luxury car seems reasonable, esp for a high income earner, maybe 30-50% more than something more modest. But the upkeep is literally insane. A brake job on an Audi can cost 3-4x that of a Honda. Oil changes can be 2-3x.

[nequo]

And it loses value at a pace like nothing else you own. It’s a wealth sink.

[fathyb]

A lot of modern sport cars are currently going up in value because new cars are either unavailable in the short term or not satisfying enough to the car enthusiast crowd.

[ghaff]

In general used car prices/trade-ins were sky high last summer because of lack of new car availability. Not sure what it's like currently. My sense was that supply chain woes had eased somewhat.

[nequo]

What are some examples that you know of?

[makingstuffs]

The goal should always be to make your income and outgoings inversely related. So seek to increase your salary and decrease your outgoings.

Definitely easier said than done in today’s economy, however.

[wffurr]

Great advice but tough when the real estate market near the Google offices are completely insane.

[Foomf]

What is "TC"?

[usefulcat]

Possibly “total compensation”

[Freedom2]

Thanks. In India, we often refer to it as CTC (cost to company).

[elthran]

Total Compensation