Until recently
I
thought Julia and I were digging a bit into savings to
donate more. With the tighter funding climate for effective altruism
we
thought
it was worth spending down a bit, especially considering that our
expenses should decrease significantly in 1.5y when our youngest
starts kindergarten.
I was surprised, then, when I ran the
numbers and realized that despite donating 50% of a reduced
income, we were $9k (0.5%) [1] richer than when I left
Google two years earlier.
This is a good problem to have! After thinking it over for the last
month, however, I've decided to start earning
less: I've asked for a voluntary salary reduction of $15k/y
(10%). [2] This is something I've been thinking about off and on since
I started working at a non-profit: it's much more efficient
to reduce your salary than it is to [...]
First published:
January 15th, 2025
Source:
https://www.lesswrong.com/posts/rAKWCErzvkT3Evkuw/voluntary-salary-reduction)
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Narrated by TYPE III AUDIO).
