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Change careers or stick it out?
Posted on 7/19/13 at 8:39 am
Posted on 7/19/13 at 8:39 am
Big decision coming up for the wife (no pics) and I. Seeking the opinions/advice from someone outside the situation that isn't as emotionally invested in it. Currently employed in our family business and all of the "familyness" is getting to me, but I do feel I have a good job.
I have extremely flexible hours, a paid for truck (gas/ins also), and a company phone. I make ~62k/yr but my free time allows me to also have a side job that usually nets me an extra 10k/yr cash. The biggest downside is lack of insurance but we get that through the company my wife works for. Also, her salary is ~38k.
I was offered a position with a chemical plant (operator) but it has a pretty long (and low paying)intern program before I start and the pay would be a huge cut for the first year or so. However down the road the pay and benefits would far exceed what we have now.
It's kind of a "do we rock the boat" and struggle for a bit for a chance to make more money, but lose a lot of the family time we have now because I'd be on shift work. Or continue on the "safe" route we are on and just be happy with what our current situation provides us. I hate to make it just about money because I feel we do ok, and we've been smart with our finances (only debt is the house, will be paid off in 10 years when I'm 40.
Appreciate any advice!
I have extremely flexible hours, a paid for truck (gas/ins also), and a company phone. I make ~62k/yr but my free time allows me to also have a side job that usually nets me an extra 10k/yr cash. The biggest downside is lack of insurance but we get that through the company my wife works for. Also, her salary is ~38k.
I was offered a position with a chemical plant (operator) but it has a pretty long (and low paying)intern program before I start and the pay would be a huge cut for the first year or so. However down the road the pay and benefits would far exceed what we have now.
It's kind of a "do we rock the boat" and struggle for a bit for a chance to make more money, but lose a lot of the family time we have now because I'd be on shift work. Or continue on the "safe" route we are on and just be happy with what our current situation provides us. I hate to make it just about money because I feel we do ok, and we've been smart with our finances (only debt is the house, will be paid off in 10 years when I'm 40.
Appreciate any advice!
4
Posted on 7/19/13 at 8:50 am to Venelar
I can certainly understand wanting to have more benefits, but how will you handle being on shift work. My ex was a shift worker for about the first 12 years we were married and we didn't have children at the time. It was difficult for us, can't imagine how hard it is with a family. Of course, he was a difficult person to live with even when he wasn't working shift.
Hope it works well for you whichever way you choose.
Hope it works well for you whichever way you choose.
Posted on 7/19/13 at 8:52 am to Venelar
I'm kind of in the same situation right now... Deciding what my next move is.
But I was watching Shawshank the other night and the Andy quote about living really hit home....
Do you go along, comfortable, but unhappy and complaining, or do you do something about it... Lifes fricking short.
But I was watching Shawshank the other night and the Andy quote about living really hit home....
quote:
I guess it comes down to a simple choice, really. Get busy living or get busy dying.
Do you go along, comfortable, but unhappy and complaining, or do you do something about it... Lifes fricking short.
Posted on 7/19/13 at 8:56 am to Venelar
It depends how big the family issues are. I've been in that position and know it isn't fun. Here's my thoughts:
What are your chances of inheriting the business?
How much value do you place on that flexible schedule?
What kind of savings do you have?
Is the extra pay worth the trade of in family time?
Personally, the flexible schedule and working for yourself goes a long way. You guys are making a comfortable living. The time with your kids is way more valuable than the money.
What are your chances of inheriting the business?
How much value do you place on that flexible schedule?
What kind of savings do you have?
Is the extra pay worth the trade of in family time?
Personally, the flexible schedule and working for yourself goes a long way. You guys are making a comfortable living. The time with your kids is way more valuable than the money.
Posted on 7/19/13 at 9:14 am to Venelar
My decision would be based on the likelihood of taking over the family business or getting in a position to be promoted as time goes.... If you are going to be stuck at 60k for forever I would jump ship... But if in 5 years you will be making 6 figures or more than 60k I would just suffer through it and enjoy the "comfortable" aspect that it brings.
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