Would you Drive an extra hour+ a day for an $10K a year more

[Xavier434]

Originally posted by: Rudee
How many of you people would be willing to take a $10k/year paycut if your employer allowed you to work your job fulltime from home? i.e. no commute at all.

My commute adds up to 20 min on the road most of which is on a pretty clear highway so I wouldn't accept that offer. I spend about $50 in gas per week including miles I put on it over the weekend.

 

[Al Neri]

I would subtract $20k from my salary to have no commute.

 

[ggnl]

I moved into the city to cut down my commuting times. Rent + other expenses increased by about $600 a month in the process.

$600 * 12 = $7200 a year to cut my commute from 45 minutes to 15 minutes.

I still live comfortably, and free time is precious to me so it was worth every penny.

 

[alkemyst]

Originally posted by: BigJ

Originally posted by: alkemyst

Originally posted by: JohnCU
how the hell do you survive on 25k?

More than likely mom and dad or roomies.

Now I believe most are saying their time is worth more than $10k for an hour a day out of wishful thinking rather than reality.

To some an extra hour of WoW a day with mom and dad picking up the tab is worth more than anything to them.

Or maybe, when people do the math, that $10,000 really only turns out to be substantially less. I know it would in my case because an extra hour of commuting is an extra 60 miles each day. I already did the math showing it was a net gain of approximately $1,000 using costs from several years ago. $4/hour is not worth my time to drive an extra hour.

From the calculations I threw together before, with current gas prices, it would really be more like $0.49 instead of $0.40. So redoing the numbers yields $7,350 in driving costs. After taxes, you could come very close to actually losing money.

Mileage rates tend to be pretty optimistic. I have always profited from them.

It's really dependent on the vehicle you drive. I can almost guarantee in a real life scenario the $10k extra per year even with a 1 hour commute a day would prove worthwhile to many here. However; most act like they make $250k a year.

You are also assuming 1 hour is 60 miles. In a real life commuting scenario it would be much closer to 30 miles than it would to 60. My less than 10 mile commute takes a good 15 mins on a good day, it's 75% on a freeway with a 65MPH limit.

 

[Scouzer]

I'd move.

 

[Gunslinger08]

Originally posted by: alkemyst

Originally posted by: BigJ

Originally posted by: alkemyst

Originally posted by: JohnCU
how the hell do you survive on 25k?

More than likely mom and dad or roomies.

Now I believe most are saying their time is worth more than $10k for an hour a day out of wishful thinking rather than reality.

To some an extra hour of WoW a day with mom and dad picking up the tab is worth more than anything to them.

Or maybe, when people do the math, that $10,000 really only turns out to be substantially less. I know it would in my case because an extra hour of commuting is an extra 60 miles each day. I already did the math showing it was a net gain of approximately $1,000 using costs from several years ago. $4/hour is not worth my time to drive an extra hour.

From the calculations I threw together before, with current gas prices, it would really be more like $0.49 instead of $0.40. So redoing the numbers yields $7,350 in driving costs. After taxes, you could come very close to actually losing money.

Mileage rates tend to be pretty optimistic. I have always profited from them.

It's really dependent on the vehicle you drive. I can almost guarantee in a real life scenario the $10k extra per year even with a 1 hour commute a day would prove worthwhile to many here. However; most act like they make $250k a year.

You are also assuming 1 hour is 60 miles. In a real life commuting scenario it would be much closer to 30 miles than it would to 60. My less than 10 mile commute takes a good 15 mins on a good day, it's 75% on a freeway with a 65MPH limit.

If you make over $50k a year, you're more than likely making less for that extra 1 to 1.5 hours each day than you normally make. I don't know about you, but I generally prefer to be paid more for overtime.

 

[funks]

Is 10K a year extra really worth the added stress of driving?

I mean - the extra hour can be spent going to the gym instead, doing some cardio - some weightlifting instead.

You can't buy time :] De-stressing and spending the 1 hour for something more meaningful could lead to a much better health and quality of life. You'll just end up trading the 10K for worse health later down the line.