You’d be surprised how quickly that money is spent in the Bay Area considering taxes, housing costs, and childcare for parents.

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pixelatedindex 5 minutes ago | parent | next [-]

I make it work with 420k combined income, and I’m able to save 20% (with a kid on the way not sure how this will change but that’s also why we have been saving aggressively prior).

You don’t need to send them to private school and rent a swanky place or buy a 2M home. You can get things below the median and it’ll be ok, you’ll live.

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malfist 2 hours ago | parent | prev | next [-]

If you are living paycheck to paycheck on $480k/yr comp you're doing something wrong. Even in the bay

	▲	worried_individ an hour ago \| parent [-]
		that's just enough to get the nice spot under the bridge

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wtch98 an hour ago | parent | prev | next [-]

$480k base. Lets assume you're the only income but still have to pay childcare (single parent)

Take home $22k a month

$10k on a swanky place like

https://www.zillow.com/apartments/san-francisco-ca/490-avenu...

https://www.zillow.com/homedetails/727-Moraga-St-San-Francis...

$3k on childcare https://familychildcaresf.com/child-care-san-francisco/

Leaving $9k a month

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vlyan 25 minutes ago | parent | next [-]

young cosmopolitan tech workers are not particularly likely to have children.

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bluefirebrand an hour ago | parent | prev [-]

$9k a month is still more than I have ever dreamed of making and that's after housing and childcare?

Insane

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jorisw 36 minutes ago | parent [-]

$9K/mo translates to a little over a hundred grand annually. That's not that much in our industry.

	▲	BugsJustFindMe 24 minutes ago \| parent [-]
		That's $9k/mo free spending _after_ taxes, _after_ childcare, and _after_ exorbitantly luxurious housing.

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uxp100 an hour ago | parent | prev | next [-]

Nonsense

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howunfortunate 2 hours ago | parent | prev [-]

bro

	▲	addedGone an hour ago \| parent [-]
		Absolute cinema.