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Reply to "Has wanting money discouraged you from public service?"
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[quote=Anonymous]I'd very much like to go into public service. Possibly indefinitely, possibly for a lengthy chunk of time (7-10 years). But I also quite like the lifestyle we have now with two private sector salaries. I make about $300k/year all-in and my partner makes about the same. We don't have extravagant expenses, but we very much like the ability to buy plane tickets to go see family/take nice vacations etc. without thinking about the money. My move to public service would probably coincide with my partner moving to a less demanding job. I would end up making around 150/year and my partner would make maybe 175-200. We'd also maybe like to have a child around then. This is obviously still a somewhat comfortable combined income, but with the rise in expenses it's a drastic lifestyle change. If people made the move in these circumstances, what did you do to deal with the income drop? (Besides saving more- we're saving as much as we can now-- about 175/year and maxing both 401ks) What things did you talk about with respect to whether or not the move is worth it?[/quote]
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