- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: About to make a career/life change...
Posted on 6/12/14 at 4:19 am to Paedin
Posted on 6/12/14 at 4:19 am to Paedin
quote:
Id make the sacrifice of less money for more time with SO every day that ends in y.
Or if this is serious, this 'sacrifice' he's making by staying put, advancing in his job, and making a lot more and a brighter financial future in say 5-10 years is worth it.
Lets throw solid #s out.
Say he's making 60k right now and a lateral move would be 65k to be with his S/O. What if this long distance is for only a year and he ends up making 80-85k? I'll sacrifice a year's of time to solidify a 20k/yr raise for the next decade.
That's 200k in 10 years. That's half of a decent sized house for him, his wife, and future mini-me's. That's 200k of funds he pockets to 'sacrifice' less time with his S/O.
In the 21st century, there's enough technology for you to spend time with someone. It isn't about the amount of time, but the quality of it spent with your loved ones.
Posted on 6/12/14 at 4:39 am to htran90
quote:
Or if this is serious, this 'sacrifice' he's making by staying put, advancing in his job, and making a lot more and a brighter financial future in say 5-10 years is worth it.
Lets throw solid #s out.
Say he's making 60k right now and a lateral move would be 65k to be with his S/O. What if this long distance is for only a year and he ends up making 80-85k? I'll sacrifice a year's of time to solidify a 20k/yr raise for the next decade.
That's 200k in 10 years. That's half of a decent sized house for him, his wife, and future mini-me's. That's 200k of funds he pockets to 'sacrifice' less time with his S/O.
In the 21st century, there's enough technology for you to spend time with someone. It isn't about the amount of time, but the quality of it spent with your loved ones.
If were gonna throw some numbers around, using your figures
Year 1 - Assuming 1hr commute to and from at 70mph. 140 miles a day, 360 miles to a tank, thats a extra fill up twice a week at $50ea. So $100 a week * 52 = $5200.
60 to 65k pay raise opportunity cost = first year costs $10200 to work away, without factoring in the time cost equivalency.
Year 2 - he gets the 85k raise - He makes 20k more this year but hes gotta make up for the 10k lost from the year before and the oppurtunity cost of the 5k he could be making extra at the other job this year, so his net profit is 5k for year 2.
Year 3 - 20k - 5k opportunity cost = 15k profit
Year 4 - he gets promoted at the other job to the same 85k.
So for a hypothetical situation hes net profit for a 3 year span is 20k.
20k over 3 years? No thanks.
Popular
Back to top
Follow TigerDroppings for LSU Football News