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300k a year post tax, 50 weeks a year, 50 hours a week, that's $120 an hour. If it takes an extra hour a day and $500 a month that's $3000 to save a month in h
by isostatic 8y ago
300k a year post tax, 50 weeks a year, 50 hours a week, that's $120 an hour.
If it takes an extra hour a day and $500 a month that's $3000 to save a month in housing costs
- Swizec 8y agoDon’t forget to take transportation cost out of your $3000 per month. I live across the street from the office and yes the rent is stupid, but my commute is a 5 minute walk. And rent is still stupid in a 30min radius (for a total of 1h/day). You really have to go 1h+ radius to make a significant dent in rent around here (SF).
- isostatic 8y agoI did - $500 a month. I have no idea what communitng costs, and little idea about rent. I have a 5 second commute from the bedroom to the office (3 minutes if I go downstairs and boil the kettle first), far easier. Monthly Mortgage is less than the weekly rent that one colleague pays in London, and he still has a 45 minute commute each way.
- kamaal 8y agoIf you are working for somebody else, you can't exactly make any extra money by working extra hours. At least in a programmers case. The only real thing to gain in this case is convenience.