Re:New H1-B Visa bill doubles the salary requirements to $13...
by webmaven on Tuesday January 31, 2017 @10:19AM
(#13531226)
Is keeping your commute under 30m considered "close"?
Anyway, swap out dining/partying for cooking good food at home, add in rainy-day/retirement savings as well as saving for kid's college (even if you don't have kids yet). So, you know, you're actually following standard financial advice.
I mean, sure you can sacrifice quite a bit (don't save, eat crap, waste your time commuting, live in a shoebox) to get by on less, but at some financial point you (and your family) will just be treading water over the long term at best in order to work in SF/NYC. Especially considering that $130k is total compensation (ie. including bonuses that you might not even get, or in a form that is actually worth the face value).
Anyway, swap out dining/partying for cooking good food at home, add in rainy-day/retirement savings as well as saving for kid's college (even if you don't have kids yet). So, you know, you're actually following standard financial advice.
I mean, sure you can sacrifice quite a bit (don't save, eat crap, waste your time commuting, live in a shoebox) to get by on less, but at some financial point you (and your family) will just be treading water over the long term at best in order to work in SF/NYC. Especially considering that $130k is total compensation (ie. including bonuses that you might not even get, or in a form that is actually worth the face value).
TL/DR: COL in SF is bonkers.