{"id":798,"date":"2019-01-01T06:05:42","date_gmt":"2019-01-01T06:05:42","guid":{"rendered":"http:\/\/buklijas.info\/blog\/?p=798"},"modified":"2019-03-30T12:15:52","modified_gmt":"2019-03-30T12:15:52","slug":"most-programmers-are-financial-morons","status":"publish","type":"post","link":"http:\/\/buklijas.info\/blog\/2019\/01\/01\/most-programmers-are-financial-morons\/","title":{"rendered":"Most programmers are financial morons"},"content":{"rendered":"

Published on:<\/strong> 01.01.2019<\/p>\n\n\n

Let me start with one true story<\/strong> from the year 2011.<\/p>\n\n\n\n

At that time I was working as a software programmer (90% C++) in a team of 5 people<\/strong>. <\/p>\n\n\n\n

One morning, a friend from team started showing cool new source code editor called Sublime Text<\/strong>. <\/p>\n\n\n\n

He was very happy with it<\/strong>, he used it on the job, for his own pet projects, and for his freelancing side jobs for almost few months.<\/p>\n\n\n\n

But for him Sublime Text had one drawback, he had to pay 100$<\/strong> for it (at time of this writing Sublime Text license<\/a> is 80$, but I think that at that time it was 100$, but I could be wrong).<\/p>\n\n\n\n

At that time I know that my friend is a financial moron<\/strong>.<\/p>\n\n\n\n

I tried to explain to him, using same logic like in this blog post<\/strong>, but he just could not get it, he only understood that he has to spend money<\/strong>.<\/p>\n\n\n\n

Why most programmers are financial morons<\/h3>\n\n\n\n

Let say that he was only using Sublime Text<\/strong> every second day (altho, knowing him it was probably every day).<\/p>\n\n\n\n

With every second day assumption that is 182 day per year<\/strong>.<\/p>\n\n\n\n

He was happy with a new tool, it was better for him, so let us say that he got 10 extra minutes of work every day<\/strong>.<\/p>\n\n\n\n

10 minutes times 182 days is 30 hours of work more per year<\/strong>.<\/p>\n\n\n\n

To get a break even he would need to make 3,33$ per hour of work<\/strong>.<\/p>\n\n\n\n

Even at that time, he was charging his freelance rate at 20$ per hour and he had around 5 hours of billable work hours per week.<\/p>\n\n\n\n

He is a smart guy, but he was thinking that toll is expensive<\/strong>.<\/p>\n\n\n\n

Economically speaking, he does not know how to do a cost-benefit analysis<\/strong>.<\/p>\n\n\n\n

It is strange how logically intelligent programmers<\/strong> (believe me, you do have to be logically intelligent to write computer programs) never invest in tools that basically have ROI in days<\/strong>.<\/p>\n\n\n\n

Conclusion<\/h3>\n\n\n\n

Do cost benefit analysis<\/strong> before saying that something is expensive or cheap. <\/p>\n\n\n\n

Disclaimer:<\/strong>
\nI have no interest do you use or buy Sublime Text or not, I am just using it as an example.<\/p>\n","protected":false},"excerpt":{"rendered":"

Published on: 01.01.2019 Let me start with one true story from the year 2011. At that time I was working as a software programmer (90% C++) in a team of 5 people. One morning, a friend from team started showing cool new source code editor called Sublime Text. He was very happy with it, he […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","jetpack_publicize_message":"Most programmers are financial morons #ROI #business # #cost-benefit ","jetpack_is_tweetstorm":false},"categories":[27],"tags":[41],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"yoast_head":"\nMost programmers are financial morons - Sasa Buklijas<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/buklijas.info\/blog\/2019\/01\/01\/most-programmers-are-financial-morons\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Most programmers are financial morons - Sasa Buklijas\" \/>\n<meta property=\"og:description\" content=\"Published on: 01.01.2019 Let me start with one true story from the year 2011. At that time I was working as a software programmer (90% C++) in a team of 5 people. One morning, a friend from team started showing cool new source code editor called Sublime Text. He was very happy with it, he […]\" \/>\n<meta property=\"og:url\" content=\"http:\/\/buklijas.info\/blog\/2019\/01\/01\/most-programmers-are-financial-morons\/\" \/>\n<meta property=\"og:site_name\" content=\"Sasa Buklijas\" \/>\n<meta property=\"article:published_time\" content=\"2019-01-01T06:05:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-03-30T12:15:52+00:00\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\">\n\t<meta name=\"twitter:data1\" content=\"Sasa Buklijas\">\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\">\n\t<meta name=\"twitter:data2\" content=\"1 minute\">\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"http:\/\/buklijas.info\/blog\/#website\",\"url\":\"http:\/\/buklijas.info\/blog\/\",\"name\":\"Sasa Buklijas\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":\"http:\/\/buklijas.info\/blog\/?s={search_term_string}\",\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"http:\/\/buklijas.info\/blog\/2019\/01\/01\/most-programmers-are-financial-morons\/#webpage\",\"url\":\"http:\/\/buklijas.info\/blog\/2019\/01\/01\/most-programmers-are-financial-morons\/\",\"name\":\"Most programmers are financial morons - Sasa Buklijas\",\"isPartOf\":{\"@id\":\"http:\/\/buklijas.info\/blog\/#website\"},\"datePublished\":\"2019-01-01T06:05:42+00:00\",\"dateModified\":\"2019-03-30T12:15:52+00:00\",\"author\":{\"@id\":\"http:\/\/buklijas.info\/blog\/#\/schema\/person\/780025d597f1c5df3cc156eaffc8c561\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"http:\/\/buklijas.info\/blog\/2019\/01\/01\/most-programmers-are-financial-morons\/\"]}]},{\"@type\":\"Person\",\"@id\":\"http:\/\/buklijas.info\/blog\/#\/schema\/person\/780025d597f1c5df3cc156eaffc8c561\",\"name\":\"Sasa Buklijas\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"http:\/\/buklijas.info\/blog\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"http:\/\/0.gravatar.com\/avatar\/9f6f7de5a4882517ca0e4a8ebd607925?s=96&d=mm&r=g\",\"caption\":\"Sasa Buklijas\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p5YHGV-cS","_links":{"self":[{"href":"http:\/\/buklijas.info\/blog\/wp-json\/wp\/v2\/posts\/798"}],"collection":[{"href":"http:\/\/buklijas.info\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/buklijas.info\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/buklijas.info\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/buklijas.info\/blog\/wp-json\/wp\/v2\/comments?post=798"}],"version-history":[{"count":3,"href":"http:\/\/buklijas.info\/blog\/wp-json\/wp\/v2\/posts\/798\/revisions"}],"predecessor-version":[{"id":885,"href":"http:\/\/buklijas.info\/blog\/wp-json\/wp\/v2\/posts\/798\/revisions\/885"}],"wp:attachment":[{"href":"http:\/\/buklijas.info\/blog\/wp-json\/wp\/v2\/media?parent=798"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/buklijas.info\/blog\/wp-json\/wp\/v2\/categories?post=798"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/buklijas.info\/blog\/wp-json\/wp\/v2\/tags?post=798"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}