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Home > Potential Job, What’s Your Thoughts?

Potential Job, What’s Your Thoughts?

June 15th, 2022 at 11:13 am

I have the potential to make $150k a year with a recovery center, the position is on site and three miles away. I provided a range of $120-$150)

 

My issue is that I do not want to work on site but the money looks good. 

 

I have about one year of expenses saved, my only bills are my house, student loans (currently paused) and every day bills such as electricity and water. 

 

The interview process is moving quickly, things seem chaotic and the recruiters can’t answer any of my questions. 

 

I’m thinking if offered, should I take it for a year then quit? By this time I can knock my mortgage down to half and pay off my last two student loans. 

 

On the other hand I’m interviewing for a job that’s 100% remote, all benefits are paid, salary max is $85k to start, I’ll get a stipend every month for office supplies and my internet paid for. The position is what I’ve been looking for 

 

What’s your thoughts? Do I keep looking for a job similar to option two ($85k) or if offered and I’m almost certain I will be take option A ($120-150k)? Thanks

9 Responses to “Potential Job, What’s Your Thoughts? ”

  1. DW Says:
    1655294127

    Amber, Forget the money, forget the idea of working location, forget paying down debt.
    Ask yourself, which one would make you happy and which one has longevity? Answering these two questions should help your decision process.
    You are capable of paying down debt no matter which job you take.

  2. Amber Says:
    1655296898

    You’re right DW, I’m praying for option 2. I spoke with a friend who kept pushing the first one and the thought of me paying my debt off sooner was definitely pleasing but I wouldn’t be happy. I want remote work and to work with systems

  3. MonkeyMama Says:
    1655298425

    I'd personally take the higher paying job but I can't sleep well at night with debt. I'd rather at least give it a try if it could knock out debt faster.

    That said, I took a big pay cut (less than $85K) last job change and I did that because of the financial freedom I had. The job was my absolute dream job on paper. It was different though because salaries were crazy low at the time and the kicker was this was the highest offer I got. In turn, It may turn into a $120K job quickly. (I always consider it a red flag if employer is not on the higher end of compensation). But...

    A lot of that was going in a different career direction and I knew even a few months at that job would give me significant opportunities. Which sounds like is also a factor for you.

    All that said, these are not apples to oranges jobs. The taxes will kill you at the higher paying job. & you have car expenses to consider, etc., etc. It's still clearly the higher paying job, yes. But probably not enough to move the needle significantly.

    Rough math: $120K job is $88K take-home. Plus factor car expenses (I believe you have a car near the end of its life). The $85K salary will net $65K after taxes.

    & obviously, it sounds like you can continue to do contract work to make up the difference.

  4. crazyliblady Says:
    1655304496

    Obviously, $150K is quite attractive, but money is not everything. I would say if you really want to work remotely, the remote position sounds like a better option for you and maybe potentially allow you freedom to do side work as well. Go with what your heart tells you. Good luck! We are all cheering for you!

  5. Wink Says:
    1655304724

    Option #2. Be happy. You will still pay down your debt.

  6. CB in the City Says:
    1655320479

    I will chime in to recommend Option #2 as well. Money can't buy happiness. But being in the right circumstances can.

  7. LivingAlmostLarge Says:
    1655323428

    Whichever job you like better and has career growth. I think you'll be fine either way.

  8. Amber Says:
    1655331932

    Just wanted to share an update. The number 2 interview was fantastic! I'll know if I'm moved to round two by the end of the week, I'm confident that I will.
    Number 1 moved me to round 4 of the interviewing process.

    I'm praying for job 2, if both offers come in, I'm going with two. The total comp package when I look at the benefits is about $96k.

    If I'm offered 1, and no 2, I'll take it.

    I'll keep you all posted and thanks again

  9. PatientSaver Says:
    1655418234

    Being in the job market myself right now, I'd have to say whichever job would make you happiest. As someone else said, you could pay down debt with either job. I know the allure of higher pay (one of the jobs I applied for paid $114K, which would be a lot for me) but the big picture is I just don't want to work f/t anymore, with all the attendant demands and stress.

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