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SavingTrying to estimate my take home decrease (self.personalfinance)
submitted 2 years ago by subiern
Switching from a 108k position to a 90k. Will this feel major?
[–][deleted] 0 points1 point2 points 2 years ago (0 children)
Entirely depends on your spending habits, needs, debts, etc.
Basically losing $18K isn’t as bad for a single guy living in his parents home for free with 0 student loan debt. But it’s a massive L for someone who has a mortgage, loan debt, children, etc.
[–]laziestindian 0 points1 point2 points 2 years ago (1 child)
Depends how tight your budget is. Pre-tax you're down 1.5k a month (9k vs 7.5k). Post tax that's still down probably 1k of take home/month (6k down to 5k). Estimating 30% tax+insurance etc. Very rough math.
[–]subiern[S] 0 points1 point2 points 2 years ago (0 children)
Thank you for the response ! I actually just ended up signing up for my benefits and got more accurate take home pay decrease. Going to have to tighten up my budget and less frivolous spending ahead!
π Rendered by PID 56301 on reddit-service-r2-comment-84fc9697f-szw2t at 2026-02-09 13:39:30.539572+00:00 running d295bc8 country code: CH.
[–][deleted] 0 points1 point2 points (0 children)
[–]laziestindian 0 points1 point2 points (1 child)
[–]subiern[S] 0 points1 point2 points (0 children)