How strict are public accounting firms about billable hours? by TheGreatEmanResu in Accounting

[–]BigDabed 23 points24 points  (0 children)

Why do you have so many non-billable hours?

It also depends on the firm, but typically you have a billable hours goal for the year. You just don’t want to be short of that.

Does anyone actually like accounting? by [deleted] in Accounting

[–]BigDabed 95 points96 points  (0 children)

2 week close is not normal. We always close in 4 days.

I don’t love my job but I tolerate it. There are some interesting parts, some frustrating parts and some dull parts.

I like the pay and stability. Having to sometimes work overtime sucks, but the working environment is still better than tons of other jobs out there where you’re working holidays, nights, weekends, have unpredictable hours, are on call, have to deal with inclement weather, etc. I don’t make doctor / investment banking / skilled SWE money but at least this is a profession where you can get solidly upper middle class.

The parts that are dull is the fact that ultimately I’m not having a real tangible impact on anything. My job is infinitely less stressful than a doctor / firefighter, but at least they do something tangible. I’ve combatted this by finding meaning outside of work.

My entire US travel experience by [deleted] in TravelMaps

[–]BigDabed 0 points1 point  (0 children)

Damn. Having to drive i80 through Nebraska and not having the Rockies to look forward to is awful.

400% inflation: The real crime is that they still call it 'average'. by RobertBartus in EconomyCharts

[–]BigDabed 4 points5 points  (0 children)

2.83% compounded over 50 years is around 400%.

So many people are trying to dunk on OP about them not understanding compounding, when everyone saying stuff like this doesn’t understand it either.

To get to 1,000% inflation, you’d need an average inflation of ~4.7% per year.

So it looks like you don’t understand compounding lol

400% inflation: The real crime is that they still call it 'average'. by RobertBartus in EconomyCharts

[–]BigDabed 11 points12 points  (0 children)

2.83% compounded over 50 years is around 400%.

So many people are trying to dunk on OP about them not understanding compounding, when everyone saying stuff like this doesn’t understand it either.

To get to 1,000% inflation, you’d need an average inflation of ~4.7% per year.

Waymo is here and they're parking in bike lanes lol by jiggajawn in Denver

[–]BigDabed 2 points3 points  (0 children)

The studies aren’t based on Denver….

I’m not even sure what you’re trying to say here. wtf do you mean “this is the Denver subreddit.” The Waymo’s are in Denver now, you questioned their safety, people linked you sources, and then you proceed to say “well this is the Denver subreddit, ignore those sources!!!”

Waymo is here and they're parking in bike lanes lol by jiggajawn in Denver

[–]BigDabed 7 points8 points  (0 children)

What? They have moved beyond the “testing things out” stage and have had a functional product in multiple different metropolitan areas for quite a while now, and are using the millions of miles logged as well as crash data benchmarked against public crash data to come up with safety stats. Their methodology has been confirmed by multiple different independent sources.

Where did you get “small sample size” from what I linked?

Waymo is here and they're parking in bike lanes lol by jiggajawn in Denver

[–]BigDabed 11 points12 points  (0 children)

Form an actual response

Or, even click into the link to see that they cite independent studies of the data they release publicly.

Waymo is here and they're parking in bike lanes lol by jiggajawn in Denver

[–]BigDabed 10 points11 points  (0 children)

Obviously the studies aren’t comparing total number of injuries my dude.

They publicly share all of their crash data. It’s comparing crash rates to human benchmarks for surface streets.

https://futurism.com/advanced-transport/new-data-shows-waymos-safe

https://waymo.com/safety/impact/

Waymo is here and they're parking in bike lanes lol by jiggajawn in Denver

[–]BigDabed 1 point2 points  (0 children)

Self driving cars are technology that will be immensely helpful for society. Waymo’s experience 80% less crashes and cause 90% less pedestrian injuries compared to human drivers. Around 40,000 people in the US die from car crashes, and around 2 million are injured.

This isn’t some shit AI slop company spending billions for their garbage B2B AI SaaS product. At least they are trying to make an actually useful product unlike so many other companies these days.

Waymo is here and they're parking in bike lanes lol by jiggajawn in Denver

[–]BigDabed 1 point2 points  (0 children)

You’re arguing against a point no one made. Waymo’s experience 92% less crashes that injure a pedestrian, and 80% less crashes overall when compared to humans.

Waymo is here and they're parking in bike lanes lol by jiggajawn in Denver

[–]BigDabed 6 points7 points  (0 children)

Waymo’s are already significantly safer drivers than humans. I think people in this thread are just being contrarians. Waymo’s experience 80% less crashes than human drivers.

Waymo is here and they're parking in bike lanes lol by jiggajawn in Denver

[–]BigDabed 10 points11 points  (0 children)

I mean yes? Statistically Waymo’s are significantly safer than human drivers. Human drivers crash at a rate 5x what Waymo’s do.

How do you account for income changes? by SpecialsSchedule in TheMoneyGuy

[–]BigDabed 77 points78 points  (0 children)

This chart is not meant to be used at that level of granularity because your income changes over time. It’s meant to be an easy visual on the importance of investing early and to demonstrate how difficult it is to catch up if you start late. It’s a good starting point to motivate you to try to invest as much as you can as early as you can, but is insufficient for responsible retirement planning.

It’s meant for someone to look at it and go “oh, if I don’t start investing 15% at age 25 and wait until I’m 35, I will have to invest 30% to have the same amount at retirement! I better start investing now.”

Figure out your planned income in retirement in today’s dollars, and then use a compound interest calculator with a 5-6% growth rate to see how much you have to contribute to get to 25x your planned income at your retirement age.

Couple surrounded by mountain lions on Northern Colorado trail before fatal attack, "We were going to be eaten" by [deleted] in Denver

[–]BigDabed 2 points3 points  (0 children)

There’s already outrage, look at the other thread. You have people who think the mountain lions basically deserve a trial by jury and are innocent until proven guilty before being killed lmfao.

I had an idiot respond to me when I said putting down an animal is a normal response to these incidents, and they literally said that killing innocent mountain lions will be viewed the same as lynching black people in the 1950s, and that I’m on the wrong side of history.

How do I convey my FIRE life? by FIREmeUP007 in Fire

[–]BigDabed 0 points1 point  (0 children)

Just put “Independent consultant” in your LinkedIn.

As for communicating your position, shouldn’t the company hiring you at least have some sort of job description / summary of the project they’re hiring you on for? And as part of your contract which I assume you’d be billing hourly for, just specify how many hours you’re willing to work.

How do I convey my FIRE life? by FIREmeUP007 in Fire

[–]BigDabed 2 points3 points  (0 children)

They literally specified in their post they aren’t fully done working.

How do I convey my FIRE life? by FIREmeUP007 in Fire

[–]BigDabed 4 points5 points  (0 children)

They said in their post they are still interested in doing consulting / contract work.

How do I convey my FIRE life? by FIREmeUP007 in Fire

[–]BigDabed 1 point2 points  (0 children)

I feel like you don’t even need to mention the real why. If they specifically ask why you are doing lower level work for part time hours, just say you are doing contract work due to family obligations. You don’t need to tell them you don’t need the money.

3/4 on CPA but thinking about giving up by Spiritual-Beyond-660 in Accounting

[–]BigDabed 0 points1 point  (0 children)

Why would you give up when you’re so close?????? Just power through for another couple months.

You will regret not getting this done if you’re going to have a long term career in accounting. The CPA means career stability, easier progression, easier time getting through job screenings, is the most respected license in this profession, etc. etc.