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Money and Finances
Reply to "Husband wants to take a huge paycut to join a startup"
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[quote=Anonymous]It's ridiculous that so many people are jumping on OP. She has a good and more importantly, stable situation. Yes, her dh laid the financial groundwork to take a calculated risk but it still may not pay off. Startups fail all the time. On top of that, he will have to work more hours than the 50-60 hours he already works. With their current assets and a 600k a year salary, her dh can work for couple more years and retire if he really wanted to. They have a good situation. Why change it? As for her being a sahp, OP sah makes it possible for dh to have a family and not parent track his career. So it's absurd to suggest that the dh hasn't benefitted from this arrangement. If not pursuing this opportunity will lead to major FOMO and resentment, OP should support her dh within reason. Give it 2-3 years and if it's not panning out, reevaluate. In the meantime, make an annual budget and make sure the 529s are fully funded.[/quote]
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