EFFORTPOST Spineless "balding" cuckworm Fed is $130'000 in debt watching his paycheck get railed by credit card interest

https://youtube.com/watch?v=HtbRqMb5qRc

Jordan, 31, Houston TX

Personal Life/Career:

  • What does he do? timestamp

    • 3 Jobs

    • Full time Software Engineer (Govt Agency)

      • $119'000
    • Computer Science Instructor at a Community College

      • $44 an hour

      • around 2'500 a month?

      • Year round classes

    • Computer Science Instructor at some company?

      • 10 weeks long, once a week, 4 and a half hours weekly

      • $95 an hour

      • Seasonal

  • Career path timestamp

    • coding boot camp from 2021

    • Worked at Coinbase for 9 months but left in 2022 when they didn't convert contract to hire

      • 1 year unemployed - was also working at community colleges part time teaching prisoners to code?
    • Govt job started in January

  • Suffers from 'anxiety' timestmap

    • Was an agoraphobe for a year 'could not leave [his] house'

      • Pre-coinbase
    • Caleb mentions that he also has this meme disease

Financials:

  • Self Scored 1/10 timestamp

  • Lifestyle Inflation timestamp

    • He has not heard of this term before :marseyxd:

    • He flew in from Houston ($350 plane ticket)

      • Justification for flying timestamp

      • 280'000 Honda CRV probabaly wouldn't have made it there

  • Thinks Food is his main spending timestamp

    • He is right and it's not even close
  • Credit Card 1 (Bank of America) ($12'911) timestamp

    • $13'052 - $423 payments + $0 new purchases + $282 interest ==> $12'911 new balance

    • 785 credit available

    • 408 minimum due next month

    • Maxed out all his cards after losing coinbase job, decided to go traveling on credit

  • Credit Card 2 (Chase Freedom) (2'082) timestamp

    • Almost entirely eating out

    • $2'486 - $2'486 payments + $2'060 new transactions + $22 interest ==> $2'082

    • Some credit cards he pays off every month - he doesn't pay off the Discover and BoA

  • Credit Card 3 (Discover) ($1'576) timestamp

    • 301 interest accrued

    • no new transactions

    • Does he budget? timestamp

      • No

      • He used to but said "frick it"

  • Credit Card 4 (Discover) (10'647) timestamp

    • $13'346 - $3'000 payments + $3000 interest ==> $10'647

    • $322 minimum payment

    • A few apple bills

  • Credit Card 5 (American Express Blue) ($932) timestamp

    • $40 minimum payment

    • mostly grocery stores

    • Paying for hinge premium and not actually using the app

    • Caleb seething over his own dating failures

  • Credit Card 6 (Krogers)

    • This one's paid off and irrelevant
  • Loan from Parents ($6'000) timestamp

    • Parents do not know just how much he is spending

    • While he was unemployed, hasn't paid anything back to them

  • Loan from Friend ($4'000) timestamp

    • This was money he used for Europe trip/world cup stuff?
  • $260 on Google Ads timestamp

    • Monthly

    • His ex-gf left him for another man

    • LONG story about his ex's friend's mom owning a pharmacy, going to jail for fraud, the ex paid millions for a pharmacy he thinks is worth a hudnred thousand?

    • She's in debt for 3 million???????

    • he decides to make her a website and pay for her google ads

    • "my friend's like don't be a simp blah blah blah"

    • "She refuses to talk to me" :marseywtf;

    • They were on and off for ten years

  • $1400 a month strip club habit tiemstamp

    • March or April of this year

    • went to a strip club in the middle of the day and fricked a stripper at the club?

  • Buys stuff for the jail students when he hits the grocery store timestamp

  • Caleb gets into the online dating blackpill timestamp

    • Manlets btfo

    • This worm is 6 foot 4

  • Federal Student Loans ($52'939) timestamp

    • No money currently owed

    • Govt Agency he works for might pay all of this if he sticks around for 3 years?

  • State of Texas loan ($13'000) timestamp

    • Lots of late payments

    • He had initially thought that the federal deferrment applied to state loans :marseyxd:

    • $208 minimum payment

  • Private Loans ($31'146) timestmap

    • Bachelor's in Biochem and "Biophysical sciences"

    • "I was a bad student and I was lost I didn't know what the frick I wanted to do so I ended up staying in school for like 6 years"

    • Had to get private loans because he was on academic probation

    • interned at some labs and didn't like the biomed researcher thing

    • $376 minimum payment

    • 5.54% interest rate

    • refinanced form an initial 10% sally may loan

  • About to a have a $10'000 operation timestamp

    • Cosmetic surgery

    • Hair transplant :marseyxd:

    • In-depth discussion of balding prevention

    • Worm does not want to

    • How is he going to pay for this? timestamp

      • "So I just got approved for an American Express card" :marseyxd:
    • "I know it doesn't make sense but I'm gonna do it anyways"

    • things in the pipepline to help him timestamp

      • Another teaching job at some higher end uni (110 an hour)
    • Cosmetic surgery is next week

    • :mar#seyraging:

Spending numbers tiemstamp

  • Weird $1700 zelle/1400 atm withdrawal

    • doesn't know what these were
  • Show ends early because there's no point in a budget

76
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He was a contractor for coinbase, it's totally different. At my company contractors are explicitly told they are not allowed to say “I worked for ${COMPANY}” on their resume.

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Just put down that you did contract work for that company. What are they gonna do, fire you?

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No that's fine, you can say that you did contract work. You can't list the company as your employer.

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That makes too much sense. Wheres the drama?

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Basically the goal is to enforce the "YOU ARE NOT OUR EMPLOYEE" message. Contractors get cucked out of pretty much every company perk you can imagine because we never want them to think they are a real employee. e.g. we have a huge fun event coming up that's free for all employees and interns to bring their spouse/children, but contractors are not allowed to show up because it might make them uppity. The entire contractor training is basically "frick you, you aren't our employee" over and over again :marseyxd: :marseywagie:.

In this guy's case, he was likely getting paid a quarter of what coinbase pays an actual engineer and he would have been stuck doing all the shitty boring work nobody cares about. I've never been a contractor, but it seems super shitty. An intern in their second year of uni likely makes more money and gets all the company perks, while these guys just get shit on constantly.

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consultants make bang bucks though

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Not in this industry. Consultants typically make 25-50% of what you'd make as a full time software engineer, and you don't get any of the perks.

There are some exceptions of course, but as a rule life is way better as a full time engineer than as a consultant.

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r u srs?? not here at least I have heard IT consultans earn creazy but maybe ur codecels r just high in the get go

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Cause IT contracting is the norm. For codecels, contractors are meant to be second class employees doing second class work.

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My starting comp right out of uni was ~185k, and that was a few years ago. It's more than doubled since then with promotions, etc. As an intern I was making like 45 an hour + a few thousand per month as a housing stipend.

I'm not really in touch with how much contractors get paid, but I think it's well under 200k. Sounds like this dude was making low 6 figures at coinbase, which seems about right to me. I'd guess a typical SWE compensation package at coinbase would be like 350-400k.

It depends case by case though. I've worked with some super talented contractors who just prefer that model. One guy we wanted to hire in a position that typically pays like 1 mil + and he turned it down in favor of a contract. No idea what he gets paid though.

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we have a huge fun event coming up that's free for all employees and interns to bring their spouse/children, but contractors are not allowed to show up because it might make them uppity

Isn't this because of a legal case where contractors were legally argued to be employees since they were invited to an employee party?

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Yeah exactly. Same with all the other perks. Basically contractors tend not to be of the quality we want from a full time SWE (just generalizing) and we have no interest in having them be considered employees.

Contractors in general really want to impress enough to get hired on.

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I would write it down anyways and because let's be honest the HR women are too r-slurred to check anything.

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You really think someone would do that? Go to an NFT convention and tell lies?

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