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by EliRivers 1114 days ago
Find a new job with a significant pay rise every couple of years. Think hard about the next jump each time you make a jump.

All the best pay rises I've ever had involved finding someone willing to pay me a lot more for basically the same thing as I was already doing for someone else.

Barring winning the "pick the exact stupidly-overpaid technology of the future", banking on any particular technology would have done me far fewer favours than just finding new jobs paying more money.

1 comments

You can price yourself out of the market with this strategy.

Because every overpaying technology normalizes over time. Someone who is willing to pay more at this point in time, will always find someone cheaper in time next few years.

You can always lower your price back to market. Pricing yourself out means you've spent the last N years getting paid top dollar. I'll take it.
In reality, you cannot lower your price. You have mortagages that assume that you will be paid at x amount every month. You life is planned around the money you make. If you take a pay cut, it does impact yuor life.