Should I Quit My Job for $250,000?
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- čas přidán 20. 07. 2020
- Should I Quit My Job for $250,000?
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I've been traveling for business on and off for over 20 years. Taking the kids on business trips makes ZERO SENSE. Bad idea.
Yeah I laughed. Good luck with that
Unless they are homeschooling - its not possible except during the summer.
Exactly. You're there to work. You're not on vacation.
Agreed! Work travel is not a vacation or family time. Often, there are dinner meetings. And, good luck with the "possibly" be able to travel only 3 days after 6 months. If he takes the job, he better be prepared to travel most of the week for a few years.
Yet another piece of TERRIBLE advice given by Mr Ramsay. I really don’t know how he’s got this reputation as a fountain of knowledge... he gets a lot more ‘wrong’ than he does ‘right’
1. Don't take children on business trips.
2. Refer to number 1.
“You only live once, but if you do it right, once is enough.”
― Mae West
Loved Mae West!
greg plitt said that too
I can do anything for one year. Save, pay off your house, and return to do what you love.
I agree with you in this case, but I knew a guy that sold insurance specifically to widowed elders. He said it got depressing real fast
@@financiallift6185 You are right. Some jobs force us to become more personal with the client. Not all jobs are that way and not all people can do those jobs. But he didn't sound like he was worried about the tasks.
@@mind.health7834 100% agree, kind of seemed like one of those people that wants advice with no intention of using it. In the end, Dave can't control what he does
@@financiallift6185 Yes, I was expecting him to have more road blocks like "My wife thinks that I will never settle down at home but this is a financially unique opportunity. How can I convince her that this is good for our family?"
Can't hold your breath
Who gets offers like that??!
Eddy
Government contractors
Bingo to comments already...retired military, he got offered a defense contracting job, big key will be don't up your lifestyle and you can bank the $190K for a couple years then decide if it's something you really want to keep doing, if not you've paid off the house and are completely debt free and can pursue what you want.
Sounds like a contracting position
The kids have school they just can’t travel with dad for months on end. Not to mention he will be working. Let’s be realistic boys.
Your employer is going to expect $250k worth of commitment for that money. I would be prepared for work-life balance to suffer
He can quit 2-3 years later and still have his military pension.
At the end of the day, either extra pay is worth is worth the travel or it isn't. Dave isn't a replacement for every decision in life!
Sometimes, it's good to seek wise counsel, even if Ramsey is not a personal friend/advisor.
@@acarouselofantics totally agree! I was just pointing out that there are some types of people out there that "seek" advice from people and when they don't get the answer they want, they seek advice from someone else until they hear what they want to hear
What does his wife think?
@@financiallift6185 You do have a point there!
Ken has a pretty good presence. He's not dwarfed by Dave to the extent that most other team members are.
100%
Chris Hogan has a great presence as well.
When your side hustles make more money than your job you’ll be on your path to financial freedom🙌🏿
Are you guys referring to day trading? Dave has a whole series of videos on the subject.
@Marlene Dietrich
I am doing the patient investor thing and buying the dip but doesn't seem to be working, getting the opinion of an investment advisor is surely in order.
Justine Disreli *a lot of
Just so people know, this comment and a lot of the replies are by bots and it is not legit
@@oliverturner5334 lol stupid bot contradicted it self when it said it went into debt 2018 and then said it never been in debt
Its just difficult when you have young family to move around. If he was single, he wont even be calling. He will pack his bag the next day.
Thank you Captain Obvious
Don't chase money. I did it for many years. Not worth the burnout. You cannot get work done and travel with your family.
We are debt free thanks to you Dave, I’ve been watching for ages now and listening to everything you’ve said. We own our home and cars and our caravan I just loveeeeeee you cheers mate from Australia 🇦🇺 👍🍺❤️❤️❤️❤️
This dude seems like a great parent
Exactly, He is taking their needs into consideration. Especially since he was gone for months being in the military. I feel like the struggle was he probably made a promise to be there more often, but now he will be gone again, which would break that promise. As a parent I never want to break a promise to my child.
Irene Goodman it’s not easy but that money if done correctly for 2-3 years could honestly set up his family to buy the several properties that they could live off and pay off their current home and he could come back and take back his old job or a similar job and make his family way more financially stable. These are just some of the hard choices men have to make in the best interest of their family.
@Dr. Johnny Sins You civilians? Why is it that so many people on the internet make assumptions about people they know nothing about? Jeez
@@pierrehenry3483 I think it depends on what someone considers the best interests of the family. Let's say he does take this job for 2 to 3 years. His 14-year-old will be in 17 and on his way out the house to college. If he spends so much time away he's missing really important times with his kid. For many people, they're not willing to miss that. It all depends on what's most important - time or money? Also we don't know what his financial situation was because I don't think he mentioned his expenses. He may not have any debt. Or did I miss that part?
@@ireneissomewhere That is also true. I guess that depends on his risk appetite. He did not state he had any debts but based on how he talked sounded as if the 205k would go a looong way for him and his family which is why is he is so torn just from inference. However, your point is a valid one from a emotional standpoint. If it's that important that he would give up that oppourtunity then that is on him I just hope he does not regret not doing it if he decides not to go that path since most men happiest and well-being is derived from their job satisfaction and impact in their careers as opposed to women who value family lifestyle more.
My son once asked me if he should leave his company to take a better paying job. He felt loyalty to his old company, which I understood. My advice was this: A company will ALWAYS do what's in it's own best interest, even if it means letting you go. They will always look after their own interests first, so you MUST always consider what is in your own best interest. Your own best interest does not just mean more money, but you do have to look out for your own interests.
@Dr. Johnny Sins Unless you're a contractor, in which case you're in charge of that and need to always consider that when setting your rate.
My employer told me that we are a family, did they lie?
@@thecatnextdoor12 My Dad said "Never work for family." Look, unless it is a real family business, your employer is NOT your family. Push come to shove, they will put the business's interests ahead of your interests. This doesn't mean they won't treat you well or try to accommodate you. Just that their #1 interests are the welfare of the business (which is how it should be...without a healthy business there are no jobs). My point is that as an employee, you have to consider your best interests.
I'm all about loyalty. In fact, I feel like part of what I'm being paid for is my loyalty. But if there were somewhere else that valued loyalty more highly, I'm going wherever they value loyalty the most.
If the kids can travel then it can actually be a really cool opportunity. I remember so many things regarding vacations we took as a kid, some of which were with my dad for work trips.
It gives you unique experiences in life to Mark the time
He never said what the new job is or if he would even really like it. A whole bunch of money is nice but if it is not something you're going to love or keeps you from your family it's not worth it. But it does sound like this should work out for him.
for $250k, ill make it work lol. do it for 2 years and stack up. He can always go back to the old job. I'd be stacking up to the ceiling
Sir...$192,000 increase in pay on top of a pension is quite significant. The question most important is how will it impact the relationship with your family. Will it bring you more happiness or misery, take into consideration when you were deployed? Thanks for sharing.
I’m confused about why do they bring up the idea of bringing us kids on a work trip. He’s working, and it’s more than just 2 or 3 nights. I think they looking at the money and not what he actually saying
@Sam Jones, Good comment. With that kind of salary, he will be working long hours while traveling. May not have much time for the kids when off duty.
I love ken Cole man advise or breakdown of callers issues and problems .
Great advice given. As a retired veteran, I can understand the urge to try and make up for lost time with the family, but four days a week away from the family is a lot better than a several month deployment.
As a person who has been traveling quite a bit for work, here are my thoughts-
- if he thinks things will get better after 6 months, i dont think so.
- taking family along on work trip is a bad idea, neither you are able to work, nor able to enjoy
- traveling and staying away is not for everyone. And one gets tired of it pretty quickly.
Interesting situation but He needs to be very careful in choosing the option.
My thinking is he could easily retire in 5 years.. 5 years seems like a lot of time, but in the longrun it goes by quickly. Perhaps it would put strain on his family, but its 250k
For 250k he can leave the family behind.
I was thinking the same thing. His travel won't improve but he can retire in 5 years and be a millionaire. He should go for it or baybe in 2 years go back to his old job.
I don’t like that they didn’t even have the heart to ask did he NEED the money? If he’s making 120,000 and they are debt free , happy and saving. Why would he need to sacrifice more of his time away from is children to attain more money that is not needed. They didn’t even asked if his wife worked and what was her income ...
Even if she's a stay at home mom, $120k goes a long way in Oklahoma.
elmateo77 agreed ! More information should have been asked before giving him the advice to talk the job unfortunately if he decides to take the position it’s the children that will be dealing with the consequences
This is a lovely conversation
I am a living witness of have a side hustle that pays way more then my actual Job, if I am to sum up both my side hustle and my job I would say about $290k a year. keep your hustle real 💪
everyone needs a side hustle?
so what side hustle will you suggest for a costumer care agent in a bank?
Crypto currency is on a bull run right now and a lot of people will regret not joining in now. 1 btc equals $11k right now 💪
@@jorgeyepes4830 👍
@@lutherstorms2168 I currently invest in BTC, I have previously traded with quite a few crypto companies I have even gotten scammed in the process. my advice to every beginer is to be really careful and mindful of fraudsters.
If you take most of Dave's talking points and write them down on paper, they sound intuitive. If you were to write a book on his financial principles, you might think "Does this really need to be a book? Don't people understand this stuff?" Apparently, it isn't so easy. The caller in this video is obviously sharp, hard-working, and filled-to-the-brim with values. All Dave needed to do was allow the caller a moment of reflection and the solution materialized. That's what Dave and his partners do so well; they provide a sobering voice. They counter bombastic marketing and social media. They cut through the nonsense and "make it cool" to save money. In this case, Ken and Dave talked through forethought and "asking for what you want." Well done, Dave Ramsey team.
I hope this lad does not get depressed when he’s far from his kids. That’s what I would really matters to me. Not money.
Plenty dads are home unemployed now. Wish they weren’t.
Money comes first.
@@justshady He makes 60k from the military with the ability to do work. He will be fine
If he still gets military payment that’s 320k per year post taxes he can retire maybe in 5-6 years if he 100% budgets to save/ invest as much as he can (live on $30-$40k can save $100k per year(minimum could save would be about $75-80k per year if he starts buying property to let even more amazing as will have a income can probably buy 10 houses with down payment with mortgage being paid or index funds book financial freedom.
If he can save 1m dollars he can live off the return and will be used to frugal lifestyle and can spend extra on more holidays/property.
@@jamesk8891 lol he has a wife and kid, none of that going to happen.
u back home every weekend is good
some truckers are away 4 weeks at a time
We are not comparing ourselves to truckers hes comparing himself to white collar people who matter. Truckers are gone alot because their only skill is driving. And usually low IQ.
@@drippy4622 , That's a derogatory comment.
Ray J. Yeah, Truckers are just as important, they deliver food. and other goods all over the country
drippy thats a terrible thing to say first
its not a comparison between degrees, i simply stated that truckers do stay away for long time, so does soldiers, contracted petrol engineers when they go to new fields.
im a plant manager and i went to saudi arabia for 6 months to start a new plant and i do have bachelors and masters in engineering . i stayed there for 6 months with only 1 week i came back to usa so i guess im not low IQ. your comment is really rude and its not even accurate or related to reason for comparison... you wont get far in life with that kind of thinking.
@@drippy4622 maybe you're so called "low IQ truckers" are making more then u and are way more important to our economy then whatever job you doo I bet
He never said what "the position" was? If it's sales, $250k might not be guaranteed, but only a possibility based on commissions. There's a big difference between "You could make $250k" and "We will pay you $250k".
Employers would tell you that and they will sometimes lie. My husband's been doing post Retirement interviews and I don't believe any of them when they say they wont eventually ask him to do overtime and all the other things he had to do with his long time job.
If it's incidental and announced ahead of time, instead of structural overtime, is it still a problem?
Bless this Family and keep them safe in all things!
The title should read "Do I have what it takes to make a short term sacrifice to better my family?".
This is perfect!
take it work for a year or two , get the money u need and return to what u do now later
“Life is ten percent what you experience and ninety percent how you respond to it.”
― Dorothy M. Neddermeyer
What is the job security and job satisfaction for each job? Job security and job satisfaction are the two top criteria. Dave did not mention or discuss either.
It bothers me that they didn't ask at all what his financial situation is like--debt, financial goals, etc. $120,000 in Oklahoma is already a great salary, so I'm not really sure that he "needs" the $190k boost.
Exactly
I think Dave said it when he said, "when we're traveling for work, we're working."
When my kids travel they are working 10- 14 hour days. When they are "home", they work 10 hour days not counting 1.5 hrs commuting, steady( and intrusive) email needs, social obligations and after all that 1-2 hours of "light work".
Take it from someone who knows, there is always going to be another push, another project, anotherreorganization- restructuring.
While this kind of money is hard to turn down- it's even harder to walk away from. May the Lord bless your family's decision.
I tried travel nursing and dragged the family with me for 4 months and it didn't work at all. As a retired AF guy myself, it ain't worth it, no matter the money
My husband is a pilot and I would say he travels so much that it feels like he’s a part-time parent and a husband. How ever I have not let that affect our relationship because he loves what he does and brings great money home. So we have compromised and I have changed to where I have learned and excepted to live when he’s not home. That was the reason why I only had one child because I didn’t want to feel like a single mother raising kids. Overtime we have come to a mutual understanding we both have independent lives in when we are together we make the best with our family time. Some of the perks include traveling to exotic places that I would never get to if you didn’t fly.
He didn’t give too much detail about that second job.
Ex military skills, with a lot of travelling involved? 🤔.... Sounds like he’s been hired as either a hit man or joining the soldiers of fortune ... the A-Team
They aren't just paying you $250k for the job. They are paying you $250k for the job and the fact that you are away from family. Use that money to be with your family. Just remember this could also be an opportunity to pay off debt for the next 6 months. Travel and keep the kids home and pay everything off you can with that extra money.
Some days I think I’d quit my job if someone offered me $2.50
Now THAT is funny! I definitely understand that one. Heck, there have been times I would have PAID for an offer like that!
Can mom take off her job? Is she working????
"You are not there 24x7 anyway" ...not so fast...see pandemic 2020.
🤣
Facts!!!
I do t think it is a good time to traveling. Too risky.
What if he catches COVID19 and need to be in a hospital.?
My dad travels a lot for work(obviously not at the moment thanks to rona) but it would be more unusual for him to be home a full week than gone a full week. Was it hard? Honestly not so much, at least for me. I’m the youngest & going to be a senior in HS so it’s not like we had little kids to take care of, but the fact that our dad was gone a lot just became part of normal life🤷🏼♂️ it wasn’t sad or anything that was just the way of life, when he was gone he was gone when he was home he was home. Now it might’ve been harder for my mom for sure, but she’s a trooper. Long story long I know it can be done at least when the kids are older.
60k on military retirement? 60k also for the retired police men? The normal folks cant even get 1200/month. No wonder why retirement checks for the millennias will be gone by the time we retire.
Thank God I already have an 8 unit apartment building at 35. I have no hope in the system.
Pensions have nothing to do with social security.
@@TrevForPresident Think again if you really think that!!!
@@TrevForPresident Government pension is the biggest scam in America.
At 40, I left a $130K job to do the same job for the government for $65K.
20 years got me $2K/mo and lifetime Healthcare for me and my family.
I also get $2K/mo SS and my minor children get $2K/mo.
My wife gets $2K/mo on her own SS.
@@aolvaar8792 What? What kind of program allows your kids to get 2k/month. Did I leave a part of the system unstudied?
I don’t think Sharon would appreciate Dave’s impersonation at 5:34 lol
Lolololol...
You beat me to it.
Lol
Family is more important than $
the question is If the 120K is plenty for them in Oklahoma, Im a stay at home mom living off 70K in missouri and we are not missing anything
This guy couldn’t have sat down and figured this out on his own?
You could have just sat down and not commented anything
xNitrodan,
Troll.
Archer validation from someone else helps alot
MoHoops,
I understand that line of thought, but sometimes the best thing people can do is just think for themselves. This question was not difficult to resolve. As we know, Dave is very knowledgeable about many things, so a lot of calls make sense because people just don’t know what he knows, so he can offer insight by offering information to that person that they did not have, along with his perspective. But this call is about an intensely personal choice. And the answer is equivalent to a basic math equation.
Just calling to flex a little.
I don't get why there was even a question.
If this was my question to Dave, the call would go something like this... “Hi Dave, yes.”
I have never met one person who enjoys working on the road...That money can’t buy back one day spent with your kids or wife...stay home and be around those who matter most.
Thank you for the video Dave! Even with the travel, it should be an easy decision. Doubling your income is more than doubling your lifestyle. You can cover your necessities easily with his current jobs, so that additional pay is all disposable income. Invest as much as you can, and you can retire 10+ years earlier than with the current jobs (if you want to). Yes, you sacrifice a couple days a week with your kids. However, you are far more likely to create generational wealth for them and your grandkids.
Exactly kids don't remember money you spend on them they remember the memories you make with them
Boy i wish I had his problems
wow
Hope it’s not some scam or all commission based. Working at a school then going to start at 250k is pretty unrealistic.
120k in OK with half the year off sounds better to me. That’s basically 240k a year right there
Yeah it sounds sketchy...
For that kind of money, they are going to want some serious production out of this guy. Think high stress, long hours and constant deadlines. Compare that to his current deal at $120,000 per year, which sounds fairly easy. If you go into it knowing what it is, then fine. You'd be surprised with taxes, how little extra money you get once you start making over $100,000.
Err.... You do make a lot more extra money above $100k. Yes, the taxes are higher, but you do make extra money that is worth the effort.
Money never compares to what is truly important in life. If you left the military to do an honorable thing, should you really let money tempt you away from doing that same honorable thing?
What if this is really a test to show how much you really want to spend time with your kids...?
What if the job turns out to be so horrible that you would have the spend that same increase on therapy? Money never equals happiness.
Travel during these current times?. Corona, etc. ?
I’m a professional
Speaker...
Traveling 5 days a week is very common and can get exhausting after a while.
You aren't making 60k retiring from the military unless you were an 06 or above or you have significant VA disability income.
fake call to stimulate idiots :) ?
its sad that 250K automatically drops down to 190K after taxes. The Government is a crook.
Actually it drops to 170k, I'm in same ball park, yes, taxes are that much.
Billionaires would never pay that high of a percentage🤣
I have young children and both me and my wife have chosen jobs that don't pay as much as we could earn but allow us to spend far more time with the kids (I work from home and she works 10 minutes down the road)
Personally, my opinion is that extra time I and my wife get to spend with our kids is worth earning less but that is a personal decision based on your own circumstances since I am an I.T engineer and my wife is a lawyer so we still earn "enough".
I was surprised neither Dave or Ken asked about the role. They normally do, at least Ken normally does, ie is this a role that you want to be doing long term, is it your dream job. I think that a horrible job at high pay (or low pay!) will soon make you sick, irrespective of whether you see your children every night. It's a very important dimension to any career decision. Whereas a job you love can actually energise you. I'm surprised Dave and Ken didn't equalise things out and compare the current job with the new one, and if they were the same pay, which would the caller take. Personally I think I'd only take the job with the extra £250k if I could see an exit strategy. By that I mean, is it a job that I'd like to do for a time being, but could see it leading to me getting skills that I could take elsewhere and move closer to the aim of being at home with the children. For example, take the job for 4 years, stash away the extra cash, learn extra skills, then set up own business in home town, or build up trust with the company or seniority so that I could negotiate better terms and come home every night to the children. I'm not sure that children and business travel would work as per Dave and Ken's suggestion, but if I got to come home every weekend, then I think I could do this for 4 years - set my family up financially, then start a business or take a career step locally or leverage the trust I'd built up to negotiate more home time.
When I was a kid I remember not seeing my parents for a month straight. I would wake up, food would be on the table and I would go to school and when I got home no one was there.
How did that make you feel? Wish it had been different?
Crazy story. Glad you turned out OK (assuming). A lot of kids would get into some serious trouble
So sad hearing things like this. That is a lot of what is wrong with things now. While making a living is important, making it your life is pointless. Too much goes by the wayside & can never be regained. If you have a family, especially with children, I hope you won’t/don’t put your kids through that.
Same. When my sister and I hit high school, my dad worked road construction and my mom worked for the post office. My sister and I were left to tend most of the needs of the farm before and after school. My mom would grocery shop and kept the fridge full, and my sister and I made a lot of our own meals, and would make sure there was leftovers.
I had a conversation not long ago with my mom about how even though they were able to pay for my sister and I to do school programs, have nice toys like atv's, and travel to rodeo's and such, I would have traded a lot of that for a few hours time with them. I could tell she'd felt the same way.
I made my mind up then and there that my kids would prioritized over work and money, because all the money in the world isn't going to buy you one more minute of time.
I want to know what that job offer was lol
Why do they still use those headphones and mic like a couple of dinosaurs?! They look like they belong in the 'Special Class'. lol. Just trollin. Keep teaching Dave.
I guess corona doesn’t exist down south huh ? 🤔😂
I live in Texas we have a crazy amount of cases and no one cares at all
BillyTheOG , No one? I find that hard to believe.
Beyond Tribalism 🙄
1:25 personally I would pay the price and take the next job. 250,000 + 60,000..... Now that's thriving right there
The kids going
Physical Silver is wealth insurance.
Physical Silver has No Counter Party Risk.
🤔 kids are probably the main confounding factor... cause otherwise it would be a good idea probably, unless he'd be miserable at the new job
Most people are miserable at much less paying jobs. I’d rather be miserable for $200,000.
@@thecatnextdoor12 Yeah for me I'd definitely take it, still trying to put myself in his shoes
Take the job. Save hard core for a few years and then get a non travel role. You can facetime kids a few times a week.
What type of job is he getting offered??
Math is hard apparently. He will continue to make $60K from his military pension regardless. So, he's going from $120k to $310k. If he wisely invests a bucket load of that, he and wife will be multimillionaires before they realize it.
Money won't make up for missing his kids growing up though...
elmateo77 youre right but itll put his kids threw college and family trips across the globe stress free an ability to do as you and your loved ones please
Strange they didn't even ask what the job was. $250K jobs generally what they pay because of the level of commitment involved, and that "it'll slow down in six months" business is often an enticement that never materializes. And the travel with the kids is gonna happen once.
It sounds like he doesn't want to take the job but doesn't feel he can turn down the money.
Take the job. After 6 months only 2-3 days traveling. He can do. Stay at the job for lik 2 years at least. If u still don’t like it. Go back to your other job. With that kind of money difference u have to to take the job
I wonder what his position at the school he works at is?
CIA? NSA? Mercenary? Either way, that pay is awesome.
So what does he do?
Okay, how does someone earning 60k a yr get offered a job that pays a quarter of a million a yr? This call does not sound legit.
I know it's not ideal, but 250k is just over 4x the income of the current job. Your savings that would take 4years can be accomplished in 1yr.
Now with a job in a school district, I imagine you've built up some union seniority. So why not try out this new position, bank the extra savings, and if you still don't like it after 1-2years, return to the union?
With this plan, you would know what the new job was like, increase your financial goals and have the fallback of the Union job.
Don't do it stay home
I'm sure Dave let's his emploees " structure " their jobs. Come on Dave.
If someone's offering you $250k/year, they think you'd offer them A LOT of value, and you have negotiating power.
@@gamelord12 ha ha..... wait. Are you being serious?
Prospective Employer: This is the job and this is what it pays.
Prospective Employee: Okay but I want less money and do less work.
Prospective Employee: Hello
Prospective Employee: Hello.....Hello?
@@raymondcaylor6292 You sound like you've never negotiated anything in your career. I get that it can be intimidating, but this is not how the conversation goes. Maybe they say, "No, sorry, we're unwilling to budge," and the caller here can either decide that that's okay (and take the job) or that that's not okay (and not take the job). THAT is how a negotiation goes. Whoever can afford to walk away from the deal is the one who wins it, and that's the case for any negotiation. If they need him to make money for them more than he needs that money, he wins the negotiation. Also, he wasn't asking for less work; he was asking for less travel.
@@gamelord12 is spot on. My wife often thinks that the moment you make a counter offer on a deal that someone will just walk away and no longer want to even talk. That's never been the case even one time. So Raymond, you'd be mistaken.
Raymond Caylor Many jobs let you work less for less money. From McDonalds all the way to Substitute Teacher to business consultants.
@5:33 Dave is in trouble for mimicking his wife's whiny voice.😁
Ray J. Sharon is in trouble for having to put up with Dave’s arrogance and disrespect. His ego needs a permanent time out.
So, making 60k a year at a school to being offered 250k a year, to do what? They never asked that question which to me would seem like a logical place to start.
Dave this guy is trying to take over your show lol
How is it possible to travel for business with a 4 year old kid? I don't have kids, but aren't you supposed to watch them, not leave them in a hotel room?
Maybe the wife doesnt work and will travel with them
good morning
Man I can't stand travelling
Don’t do it. The money you make now is good and you can always make money but you’ll never get that time back seeing your kids grow up.
I would absolutely take this job. If he did it for 3 to 4 years. He would secure his financial future.
He would have a lot of flexibility in life.
I wish I had that decision to make. I would take the position because it would help my family financially.
C Williams It could also tear your family apart. You must first weigh the cost.
6 months is not going to tear a family apart. He was in the military, so he probably was gone for longer periods of time throughout his military career.
drdianneLc For $200,000 he can get a new family.
Take the job at least for a year. Pay off your home and fund kids college. If it’s still too much for the family go back to the old job or something comprable.
The key question is will his travel for sure go down in 6 months but it's too much money to leave and you can take your kids so it's cool with me
I'd go hard for 5 years buy real estate with excess money
I dont think he's considering that with a 250k salary he's going to be exa6where he is with his 120k salary..
try it out for a year and if you dont like it you can always quit and most likely get another job as a teacher if you wish. that extra money is worth at least trying that job/lifestyle out for a year.
he can do this and get rich and give his kids an amazing lifestyle. if he works this job for a decade he could pay for college for his kids and buy them a home if he wanted.
he could get to a net worth to be able to set both kids up with inheritance investments that give good annual returns so they'd never even have to work.
many rich people trade time away from kids working to get rich so they can give their kids and future generations a wealthy life without the stress of being broke.
its a trade off obviously, but you're kids would certainly be grateful for the wealthy lifestyle you're able to give them. thats assuming you raise them to be humble so they realize how lucky they are.
I currently make $1.60 an hour, should I take the $17.57 per hour job? Or should I stay and eat beans, my employer told me that we are a family, so should I be loyal?
That's well below the legal minimum wage, so yeah you should definitely leave...
It sounds like your employer is a good person, just ask for a raise like .25 cents and it is a win win situation. You can’t leave your family for $15.97, it’s immoral.
Sam Assefa That’s what I thought. They counter offered 5 cents raise instead of .25 and that’s now a stunning $1.62 (after taxes) thanks to your advice.