💰💵📈Personal finance for programmers

What will be covered:

What is special about programmers (from a financial perspective)

Basic accounting

• Double entry bookkeeping
• Assets and liabilities
• Cash flow vs balance sheet
• Depreciation
• Calculating present value of future income & expenses
• Taxes
• Opportunity cost

Basic finance

• Volatility & risk aversion
• Economic factors:
  • Inflation
  • Interest rates (real vs nominal)
• Bonds & debt
• Stocks
  • Dividends and buybacks
  • PE ratio
• Other kinds of investment
  • Cash & CDs
  • Index funds
  • Bond funds
  • Real estate
  • Employee incentives
• Leveraged investments
• Efficient market hypothesis
• Long term investment results
  • CAGR
  • CAPE ratio & business cycle
  • Real estate
• Efficient frontier/CAPM

Applications to making decisions

• Evaluating job offers
• How much college education to buy
• When to have kids
• Can I afford a Tesla
• FIRE (does it make sense?)
• Learning & using technical skills

What will NOT be covered:

• Any kind of life guru/Dave Ramsish stuff
• Difficult life situations (that are usually specific to one person)
• Anything political
• Any specific tips on how to make more money or spend less money
• Cryptocurrency

Inspired by:

Moneychimp.com (which is great) http://moneychimp.com

Stanford's Personal Finance for Engineers class https://cs007.blog

The blog Philosophical Economics http://www.philosophicaleconomics.com/

^ Check these out if you can't make it to the talk

• Other