Wife is earning about 60k pa and we are living in HDB with 2 boys, 8 and 10. Will try to make a decision in the next 2 weeks or so on this (i got another interview coming next week though) We are living well within our means as well and thus no financial burden or so. In fact, I have enuf savings to last my family's expenditures for a few years without a job. But that is not the main point. I just want to get back to the workforce as soon as possible instead of lazying around.
The feeling of getting 30% paycut is really lousy if you will to experience it yourself. It is like the company is taking advantage of your unemployment status to its own benefits. Do you think you will even work long there if the candidate accepted the offer?