passUp$2k/M pay: comfortable(!! luxury)burnRate S$6k→8k

Posted on by tiger40490 rendered_on [ Thu, 6 Mar 2025 ] 22:28 UTC

In Apr 2018, I made a choice to walk away from additional (USD 2.6k/M pretax) income because I felt I didn’t need the extra income, but that’s really based on personal burn rate (below S$2k).

Earlier, I made similar decisions — In Apr 2017, I gave up some BGC/PIMCO java positions above $800/D for a $715/D position

As a family, our burn rate is about S$6k, so the additional income does mean a lot. To feel indifferent about additional income, we should really live more comfortably, …like $8k (although I really wish it was $4k, which would make me feel more “secure”.)

  • more hourly maid? Yes
  • better furniture for wife? yes. I don’t need it.
  • more enrichment programs? no. too much!
  • more staycation? Yes
  • more taxi trips … to save time? yes
  • more eating out? No. already a lot
  • more vacations (like YLZ)? no. Too luxury not worth it