4 ms·

I'm sorry you received a pay cut, and I'm glad you are happy with more free time. However, making an extra $100k puts an extra $65k in your bank account. It's

I'm sorry you received a pay cut, and I'm glad you are happy with more free time. However, making an extra $100k puts an extra $65k in your bank account. It's basic math. Now, psychologically, I can see it being not so clear cut, especially if one lets their standard of living and spending habits rise up as their paycheck increases.

maerF0x0 7y ago
In SF/Peninsula that's not even enough marginal income to go from renter to home owner. Eg: Single bedroom apartment is ~4k and mortgage on a 1.6M home is almost 12K a month unless you have 350K down payment. IMO the only option in the bay area is FAANG or live as frugal as possible and take the wealth to a lower CoL area. EDIT: or improbably be a highly paid Cofounder / Executive and earn >400K per year.