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by BadassFractal 3236 days ago
Single income with a kid in the Bay is not going to be luxurious, you'll want to prep for some cuts in lifestyle if you were used to nice things. That 150k gets decimated by taxes real quick, + the 4k for a 2 bedroom which will have to be further away from most of the "sexier" spots where it will cost a lot more, hence more commuting.

E.g. you're taking home 90k after taxes, minus 50k for housing, that leaves 40k for you + wife + kid. Yes, you're not going to be starving, but you won't be living large either.

Can you consider a remote gig with a SV company? You would stay in Ohio, get a big bump to your current income stream, the wife and kids would not have to move anywhere etc. You'll just have to fly into to the Bay once in a while to spend time with the team, otherwise you'll be fine.

1 comments

I would love a remote gig, assuming it was as an FTE with benefits (healthcare being important for family and all). My wife's company cannot afford to provide any benefits whatsoever.

It just seems like recently, the move is toward in-office employment with little to no work from home. I've talked to a handful of companies I'd love to work with, but I'd be willing to bet that they would all balk at remote employment.

What does your wife do for the non profit? Is it something transferable to the corporate world where the pay would be a lot better? Or is one of your goals for her to be a stay at home mom?
She manages an after school drop-in center in a rural area, part time. I want her to be happy, working or not; I think at the moment she likes staying at home with our daughter, at least for now. I'm not sure how transferable it is. This sort of thing tends to pay absolute bottom dollar unless you have a Masters in Social Work or Masters in Education which she does not.