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how far will 35k go in SF??(10 posts)

how far will 35k go in SF??Fender
Jun 20, 2002 1:59 PM
I just got an offer from a company in SF and I am about to graduate in about a week. They are offer ing 35k plus benefits. Benefits are pretty good, but they don't pay the bills.

Keeping my spending "real", is 35k enough to survive on??
by real I mean, keeping my spending reasonable to just the neccesities such as food, gas, electricity, phone, racing, etc..

I appreciate all help!!!!
6 months at bestmr_spin
Jun 20, 2002 2:55 PM
$35K is a joke in SF, unless you have free housing. That's where it will all go. Rent. Prepare to have three or four roommates and not have a car. Or a life. SF is a great town, but it ain't cheap.

I would turn them down or counter. Don't wait too long to do it, either. The faster you respond, the more they might realize you are insulted. Perhaps they'll up the offer. $35K is slave wages in the bay area, they know it, and you are better off not working and staying wherever you are.

$50K is a little more reasonable, considering they will probably work your ass off. Assuming you can find those three roommates and a decent place within walking distance or mass transit range, at least you'll have some spending money.
Mr Spin ain't jokin'Mr Good
Jun 20, 2002 7:12 PM
You could squeeze by on 35k, but if you want to race, you need a reliable car to get to all the great events that are just out of reach around the Bay Area. Then you probably have student loans to pay off, and if you have any other expenses...forget it.

Right now rents have come WAY down from the insanity of two years ago, but a one-bedroom apartment still rents for between $1,500 and $2,000 per month. If you plan to eat, you won't have any $ left to put gas in the tank of that car, which you're making payments on, which also requires expensive insurance payments...
$1500-2000? what were the rents at 2 years ago? nmOutWest
Jun 20, 2002 9:05 PM
Take the job!AllisonHayes
Jun 21, 2002 4:23 AM
It doesn't matter how much you are being paid right now. What is important is that you are in a great location to launch your career. Within a short time, you will have discovered lots of lucrative opportunities that you would never have been exposed to otherwise.

Sure it's expensive, but consider this an investment in your future. Plus, you get a bonus by living in a great city. Don't pass it up.

So, follow the above advice, make some new friends and--congratulations!
What is the job?Kristin
Jun 21, 2002 6:05 AM
Everyone is assuming that this a low pay. But what are you being hired to do? If its flipping burgers, I'd take it! If your designing Intel chips, then definately hold out for more. If your grades were good...hold out. If you have a C- average...take it!!
That's REALLY not much money in The Citycory
Jun 21, 2002 7:29 AM
Rents and housing prices are among the highest in the country, as several people have pointed out. I don't live there anymore, but I still have relatives in the area, and the ones who are renting are paying $1500+ for TINY apartments. You used to be able to save a lot by moving down the peninsula, but the Silcon Valley killed that--in the '70s, when SF rents were $500 or so, I lived in Redwood City for $110 a month. Not any more...
On the other hand, you're, what, 22 or so? You're SUPPOSED to be living in a cool place and eating Alpo on toast. Hard to find a cooler place than San Francisco.
Covers living expensesnn23
Jun 21, 2002 1:07 PM
If you share your apt with at least 2 other people, dont eat out more than twice a week, and have no loans you should be able to save about $500 a month. This would go towards debts, bikes, holidays etc.

So end of the year you would still break even.

- Drive a 10 yrs old sub-compact and avoid car loans.
- Use the Caltrain + bike to commute and live outside the city where it is cheaper.

The economy is bad right now, and you want to ride it out. In a year or so things will pick up again and so will your wages. Some of my friends have been laid off and haven't found a job for 6 mnts now. Something sure beats nothing.

Of course if you have another offer, or are resonable confident of getting one in a month it's another story.
Will accept in SFFender
Jun 21, 2002 3:27 PM
This afternoon I recieved an offer from the same company but in SD. Although I previously interned with the SD office and I know who I will be working with, the position did not quite please me, compared to SF. Today, around 2:30pm I recieved a call from SD. They are offering a little less than $30,000 p/yr and I'll be on probation for 90 day's as a temp, which means no benefits, and once I become full time, they will not take the probation period into account.
Compared to SF, where the bonus (read first post)was doubled to 5k, I'll be full time employee from day 1, and after taxes, I'll be earning slightly more than in SD, I guess my decision is pretty clear. SF HERE I COME!!!!

So, any recommendations on good road/mtb clubs in the area??
Also, any suggestions on where to live with a reasonable riding distance to work, say 15 miles max??? don't plan on paying more than $1000 per month.

Finally, I appreciate everybody who posted an opinion. you have been of great help!!!
Will accept in SFsnapdragen
Jun 22, 2002 7:45 AM

Welcome to the bay area. This link will show you a mess 'o clubs in California.