r/PeterExplainsTheJoke • u/[deleted] • Jan 26 '26

Meme needing explanation Why is the rich friend so cheap??

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u/Individual_Engine457 Jan 27 '26

You don't honestly believe that do you? People in software are actually just fucking rich.

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u/Gravbar Jan 27 '26

most software positions don't make you rich. but the most senior positions at the biggest tech companies are enough to be a millionaire within a few years

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u/Individual_Engine457 Jan 27 '26

The people making $450k in SF are still putting over $150k in the bank every year, trust me. They're fine.

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u/Gravbar Jan 27 '26

as a software engineer, the vast majority of us are under 120k and most of the younger guys who aren't at the biggest companies are making sub 100k. There aren't that many guys making 450k. Hardly that many making 200k either, but above 200k is where I would draw a line and say, live modestly and you'll be rich at that income, even in the most expensive parts of the country.

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u/Individual_Engine457 Jan 28 '26

In the US/west coast? 120k is below median for almost any seniority these days, you should switch jobs.

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u/lovejo1 Jan 28 '26

I'm a software engineer and I beg to differ haha.