Michael Zuber Silicon Valley salaries
Michael Zuber reveals that many Silicon Valley workers making over $300,000 live paycheck to paycheck. “The average salary at Facebook is $386,000 and most of them are living paycheck to paycheck because they do dumb stuff with money.” I am sure you have seen articles about people who earn high incomes yet struggle to manage their finances despite the substantial paychecks.
Transcript (en)
I know hundreds, if not thousands of people in the Silicon Valley. And I mean, a salary at Facebook is 386 grand. 386 grand is the average salary at Facebook. And most of them are living paycheck to paycheck because they do dumb shit with money. It's crazy. It's wild. Now, some of that's because it's expensive to live there. And again, both parents work, so their kid's in daycare, right? So there's some of that real life stuff. But no, I'm sure you both have seen articles about people making two or three hundred grand limit paycheck to paycheck. It is all over the Silicon Valley.
