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Atlantan also. >> happy spending $33/day to commute Just curious, how do you factor in an hour+ of commuting per day? For me, that seems like it would far out

by runako 13y ago

Atlantan also. >> happy spending $33/day to commute Just curious, how do you factor in an hour+ of commuting per day? For me, that seems like it would far outweigh the costs of moving further away from the office. Time away from kids, time not working/sleeping, etc. Money can be earned or received in investments, but Founder time is a finite resource at the business. Obviously if you're married with kids there are a lot of factors that determine living situation, but in isolation it seems like a false economy. It seems like just multiplying by your effective comp rate would make this commute far more expensive than living closer. For instance, if you bill at $100/hr, you've just told me your commute costs a minimum of $133/day (~$2,660/mo) [at $150/hr, that's $3,660/mo, etc.]. This should easily cover the price delta between e.g. midtown and 30 miles out. And that's before factoring in the other benefits that come along with not spending that much time on the road every day. I can't make the math work, I'm wondering how others justify it.

colinake 13y ago
My commute is about an hour a day. There are many ways to turn this into productive time. Think. Listen to audiobooks/podcasts. Run through a few key work phone calls. Catch up with friends. I really enjoy my commute. I'll also point out that while that's theoretically $3660/mo if you aren't productive throughout any of the drive, that's not actually something many people can convert into cash. Many people spend time during the day with various items to unwind or provide a mental break from work. Working more is not always a goal. I don't want all my time to be spent working or sleeping. You also have to account for where you spend your down time. I chose to live near friends and family in a place I can raise my kids. If I didn't live where I do, I'd be driving out here on the weekend and maybe once a week. In addition, if you're living in town with kids and you want a quality education, you might be able to bill more $ a month (presuming you're building a business where you're selling your time, which I'm not and I don't want to do), but you're going to spend more money on a quality education or a house. Everyone has different circumstances. My math works out for me. It might not for you.

by runako 13y ago

colinake 13y ago

My commute is about an hour a day. There are many ways to turn this into productive time. Think. Listen to audiobooks/podcasts. Run through a few key work phone calls. Catch up with friends. I really enjoy my commute. I'll also point out that while that's theoretically $3660/mo if you aren't productive throughout any of the drive, that's not actually something many people can convert into cash. Many people spend time during the day with various items to unwind or provide a mental break from work. Working more is not always a goal. I don't want all my time to be spent working or sleeping. You also have to account for where you spend your down time. I chose to live near friends and family in a place I can raise my kids. If I didn't live where I do, I'd be driving out here on the weekend and maybe once a week. In addition, if you're living in town with kids and you want a quality education, you might be able to bill more $ a month (presuming you're building a business where you're selling your time, which I'm not and I don't want to do), but you're going to spend more money on a quality education or a house. Everyone has different circumstances. My math works out for me. It might not for you.