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Sublime merge looks great, but it costs quite close to what I would be paying for a full IDEA licence yearly: $100? This is ridiculous.

It's a one time fee and IMHO is totally worth it.

Sublime Text and Sublime Merge are works off art in terms of speed and usability.

Although I tend to use vscode more now for editing, I use Sublime Merge every day at work. Worth every penny.

It is ridiculously expensive, until you realize that a professional software engineer quite often cost a company more than $100/hour

You don't need to own this program for long, before it has saved you more than an hour or 2 of work. And the fee is not recurring.

Now, convincing management that this is a good investment, is of course a completely different story :)