Comparing jobs by budgeting.

**Ikith** · 2011-05-05 00:14

I have an interview for a different job that I have a very large chance of getting. It pays more than my current job but it means I have to move to the Renton, WA area (About two hours south of where I currently live).

Right now I still live with my parents so I'm getting a pretty good deal on... Everything really, I pay rent but not very much. My biggest expense right now is my car payments. However if I take the job/move out my expenses will increase dramatically.

This is where my net income stands currently:
$1,593.60 per month (Only after taxes)
This is where my net income stands if I get the new job:
$3,522.00 per month (Only after taxes) (This includes an estimated mileage of 150/day at .51 per mile. Math: 150*.51*20=1,530.00, 1,992.00+1,530.00= 3,522.00)

Right now in my current situation that is a lot. But after I start budgeting:
Current:
Car: 600/month
Phone: 95/month
Rent: 300/month
Insurance: 40/month
Car Insurance: Lumped in with rent
Fuel: 72/month (If I were to only drive too and from work)
Groceries: Included in rent
Electricity: Included in rent

Total Expenses: 1,107.00

Budgeted if I get/accept job:
Car: 600/month
Phone: 95/month
Rent: 1,000/month
Insurance: 50/month
Car Insurance: 200/month
Fuel: 540/month (Only 150 miles per day)
Groceries: 300/month
Electricity: 120/month

Total Expenses: 2,905.00

Current leftovers:
486.60

If I accept the job
617.00

After putting 20% into savings like a good boy
Current
389.28

If I get/accept the job:
493.60

I have a feeling I'm missing a few things in my budget but I have no fucking clue as to what.

Can anyone give me hints and tips?

**Stumblingdrunk** · 2011-05-05 00:20

Originally Posted by Ikith

Car: 600/month

wat?

**Stumblingdrunk** · 2011-05-05 00:21

first tip is get an affordable car

**Ikith** · 2011-05-05 00:27

Really the reason I'm paying that much is because its a "loan" through a family member that has 0 interest. I want to get it off of my plate. I'm sure if I had to I could ask the person I'm paying back if I can pay less.

**Silviya** · 2011-05-05 00:28

Internet/TV?

**archibaldcrane** · 2011-05-05 00:28

Yeah that car payment is insane.

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**Necronus** · 2011-05-05 00:28

I'm not sure there's much of a tip other than you seem to have it covered. The only "wow" is what the guy above me said ... $600/mo on a car? Jeebus.

And just so you know, I had to do similar calculations in 2006, moving from an area with $400/mo rent (Northeast PA) ... to working in an area with $1000-$1200/mo rent (South of Baltimore, MD). Even though at the time I was getting a 150% raise in raw numbers, like in your case it was more like 2-5% tops after factoring cost of living. In the end I took the job, but instead opted to move to an area north of Baltimore and drive 40-45 minutes each way to and from work to instead land a $650/mo rent. Of course that rent is $800/mo now while where I work is still around $1000-$1200/mo ... so the gap is closing ... although I bought a hybrid 3 years ago which is really making my 45 min drive only use the same gas as other employees 10-20 min drives.

**Tyche** · 2011-05-05 00:29

"only 150 miles a day"?

wat?

What kind of car did you buy, and why in the hell are you driving a new car that far? Buy a $3,000 civic to use as a daily driver or something lol

**Ikith** · 2011-05-05 00:30

Originally Posted by Silviya

Internet/TV?

The new job covers internet and I really don't watch TV... Ever. My TV has not been used to actually watch TV in a month.

**Ikith** · 2011-05-05 00:30

Originally Posted by Tyche

"only 150 miles a day"?

wat?

What kind of car did you buy, and why in the hell are you driving a new car that far? Buy a $3,000 civic to use as a daily driver or something lol

I get paid for mileage at the new job.

Worth noting, the reason I have a shot at the job: I'm willing to relocate closer to the territory.

**Ferion** · 2011-05-05 00:32

I'm not really sure what advice you're looking for. If you're netting higher income even with moving out of your parents place after taking the new job, then I can't really see much of a debate of what you should do.

**archibaldcrane** · 2011-05-05 00:33

Originally Posted by Ikith

Really the reason I'm paying that much is because its a "loan" through a family member that has 0 interest. I want to get it off of my plate. I'm sure if I had to I could ask the person I'm paying back if I can pay less.

Ah ok.

Will your rent in some town in WA i've never heard of really going to be 1k/mo.?

I've lived in Milwaukee, Miami, and LA for the past 9 years and never paid more than $800/mo. Housing is plentiful nearly everywhere in America - you can go cheaper.

And $200/mo for car insurance? Really?

Anyway, still definitely do it. If you can move out, be independent, have your own place, and still have more money than before, you do it.

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**Stumblingdrunk** · 2011-05-05 00:33

Originally Posted by Ikith

Really the reason I'm paying that much is because its a "loan" through a family member that has 0 interest. I want to get it off of my plate. I'm sure if I had to I could ask the person I'm paying back if I can pay less.

Paying back a loan asap is commendable, but the beauty of zero interest is, well, zero interest. If the creditor doesn't mind a lower payment, I'd welcome their generosity.

**miokomioko** · 2011-05-05 00:45

Originally Posted by archibaldcrane

Housing is plentiful nearly everywhere in America - you can go cheaper.

You make me and my $2200/mo apt. very sad.

**Necronus** · 2011-05-05 00:48

Originally Posted by miokomioko

You make me and my $2200/mo apt. very sad.

Jesus Christ ... do they pay janitors and McDonald's employees in your area with gold nuggets too? (I kid, I kid)

**Vandole** · 2011-05-05 00:51

i'd say take it just so you can move out and be on your own. get some bachelor pad action going but dont turn into Forever Alone

**archibaldcrane** · 2011-05-05 00:52

Originally Posted by miokomioko

You make me and my $2200/mo apt. very sad.

There's plenty of housing in SF that isn't $2200/mo too. That's a nice mortgage man - you're paying that just for yourself?

Sounds dumb.

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**miokomioko** · 2011-05-05 01:11

$2200/mo is pretty damn good for a 2-bedroom, private backyard garden, pet-friendly, top-story apartment (with a washer/dryer in-unit) for any non-shitty area of SF (Glen Park). It's being split down the middle.

Oh, believe me, I spent a long time looking at more affordable places in the city... but this was always across the street/nextdoor:
http://us.altermedia.info/images/crips.jpg

I have too much valuable computer/photographic equipment I have to haul back and forth to fuck around with bad neighborhoods... not to mention pay to insure.

**archibaldcrane** · 2011-05-05 02:10

So you pay 1100. Cool story.

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**miokomioko** · 2011-05-05 02:16

Originally Posted by archibaldcrane

So you pay 1100. Cool story.

I said it was a $2200/mo apartment, not that I was living alone and paying $2200 a month just for my rent, you fucking winner.

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