I recently got a job offer. With that, this will be a huge salary jump from 99k to 239k TC in the Bay Area. Making me nervous - don’t know what to do with this new salary. I’m used to live more frugal life and I’m comfortable with it. I feel forced to even thinking about making an upgrade(getting nicer apartment etc). How should I make sense of this with huge salary gain? Just live as is? Or what’s best way to optimize my life now that I would be making more?
I didn't buy or change anything.
VOO
You invest more, not buy more
Love the mindset.should start DCA in stocks
And never buy any stock that you could get from your employer, diversify.
Save
Stay frugal, save and invest
Max out 401k and invest in real estate
Are you in sales/bdc or
Started with sales at Oracle, but now I’m a product manager.
Product m at oracle or how did you go from bdc to that or
As your TC increase, also increase your savings and investments, spending should be the last one increasing. Now, if you had less than median housing, you can move to nicer housing. If you had older, less safer car, invest in your health and get a newer, safer car.
Nothing. All in the stock market until I can retire early. Or reach the point where I can find a fulfilling job without participating in TC rat race.
buy and invest, nothing wrong with treating yourself
Golden opportunity
Just keep dca’ing.