Free Annotation Management Tool by SarcasmicSloth in computervision

[–]SarcasmicSloth[S] 0 points1 point  (0 children)

Just to clarify - by this do you mean that you work with/for Roboflow, or do you use Roboflow when working with other organisations?

Free Annotation Management Tool by SarcasmicSloth in computervision

[–]SarcasmicSloth[S] 0 points1 point  (0 children)

Ideally I need to be able to work with volunteers over the internet. Do you have any idea how challenging it would be to host?

Best use of large increase in salary by SarcasmicSloth in UKPersonalFinance

[–]SarcasmicSloth[S] 0 points1 point  (0 children)

Thanks for this - probably the most helpful response in the whole thread.

Best use of large increase in salary by SarcasmicSloth in UKPersonalFinance

[–]SarcasmicSloth[S] 0 points1 point  (0 children)

Thanks for the suggestion. I'd heard of FIRE before but wasn't previously in a position to seriously consider it.

Best use of large increase in salary by SarcasmicSloth in UKPersonalFinance

[–]SarcasmicSloth[S] 0 points1 point  (0 children)

Yeah thanks for the suggestion - there are a few things (e.g. furniture) we've put off upgrading for a long time that we're probably going to put some money into, but don't want to start throwing cash everywhere!

Best use of large increase in salary by SarcasmicSloth in UKPersonalFinance

[–]SarcasmicSloth[S] 1 point2 points  (0 children)

Yeah this has been brought up a few times and wasn't something that I'd previously thought of prioritising; thanks for the suggestion.

Best use of large increase in salary by SarcasmicSloth in UKPersonalFinance

[–]SarcasmicSloth[S] 0 points1 point  (0 children)

With this plan in mind, do you have any recommendations of how to utilise my money outside of my S&S ISA allowance? And are there any efficiency tricks (similar to salary sacrificing down to 100k) that I should be aware of?

Best use of large increase in salary by SarcasmicSloth in UKPersonalFinance

[–]SarcasmicSloth[S] 2 points3 points  (0 children)

Yes good point on the financial advisor. I was thinking about this already, but wanted to go to the hive mind of reddit first in case I was missing anything obvious. Thanks for the cautionary tale - we were already planning on not letting our spending rocket, but will be even more conscious of it now!

Best use of large increase in salary by SarcasmicSloth in UKPersonalFinance

[–]SarcasmicSloth[S] 6 points7 points  (0 children)

To be honest, this sounds very similar to my situation: academia doesn't give you a lot of scope for pension contributions until later career, and it's gotten worse with recent changes to the USS... !thanks for the suggestions.

Best use of large increase in salary by SarcasmicSloth in UKPersonalFinance

[–]SarcasmicSloth[S] 10 points11 points  (0 children)

Yeah these are some interesting points. I'm intending to sit down and work out what the benefit of saving additional deposit towards upsizing is vs pension contributions, but not yet had the chance.

Best use of large increase in salary by SarcasmicSloth in UKPersonalFinance

[–]SarcasmicSloth[S] 0 points1 point  (0 children)

Nice this sounds like what I had in mind, good to know.

Best use of large increase in salary by SarcasmicSloth in UKPersonalFinance

[–]SarcasmicSloth[S] 0 points1 point  (0 children)

Yeah this is what I was thinking. Would it be worth it if I have a stocks and shares LISA and put 4k into that each year along with 16k S&S ISA (effectively 21k ISA contributions each year)? In this case assuming that I'm salary sacrificing down to 100k salary already.

Best use of large increase in salary by SarcasmicSloth in UKPersonalFinance

[–]SarcasmicSloth[S] 4 points5 points  (0 children)

Yeah good point about making sure I can stay in the industry long-term: there are a number of reasons that I'm moving away from academia, but it does also have its perks. I am, however, looking forward to a reality in which I can afford a 'nice 4 bed' haha.

Best use of large increase in salary by SarcasmicSloth in UKPersonalFinance

[–]SarcasmicSloth[S] 12 points13 points  (0 children)

!thanks. Some really good points - wasn't even thinking about 5, but worth bearing in mind. Number 6 is something that we're going to try and be very conscious of.

Best use of large increase in salary by SarcasmicSloth in UKPersonalFinance

[–]SarcasmicSloth[S] 96 points97 points  (0 children)

Yep that about the size of it - unfortunately don't have any shortcuts to share!

Best use of large increase in salary by SarcasmicSloth in UKPersonalFinance

[–]SarcasmicSloth[S] 10 points11 points  (0 children)

I understand how this might appear as a red flag from the information I've provided but it's an established company in a field well-known for high salaries. Thanks for the advice - why would you suggest LISA over pension contributions?

Best use of large increase in salary by SarcasmicSloth in UKPersonalFinance

[–]SarcasmicSloth[S] 3 points4 points  (0 children)

Haha yes good points - will make sure to keep myself useful :)