“Because of the complexity of these compensation structures, I find that most people love the idea of having equity but do not understand it. With companies paying up to 50% of their employees total compensation package in equity, it’s important to understand what exactly is at stake when you decide to accept that job offer for “the next big thing.”Dasarte Yarnway (@dasarteyarnway) is the founder of Berknell Financial group which is a fee-only financial planning firm headquartered in San Francisco. Dasarte is also the host of The Young Money Podcast. Tadas got Dasarte on the phone to talk about his newly published book Pay Me in Equity. In some industries, equity compensation is an important part of your pay package, so understanding the details is crucial. Beyond the financial aspects, ownership is an important concept that applies in different areas of our lives.Where to find Dasarte's work:Pay Me in Equity: A Millennial Guide to Understanding Equity CompensationThe Young Money PodcastYoung Money: 4 Proven Actions to Design Your Wealth While You Still Can 1-click play or subscribe on your favorite podcast app Subscribe to the mini podcast on iTunes or Spotify Enable our Alexa skill here - "Alexa, play the Compound show!" Talk to us about your portfolio or financial plan here: https://ritholtzwealth.com/ Obviously nothing on this channel should be considered as personalized financial advice just for you or a solicitation to buy or sell any securities. Please see this 3,000 word terms & conditions disclaimer: https://thereformedbroker.com/terms-and-conditions/ Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.