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Reply to "Career move that pays much less but fulfills personal ambition"
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[quote=Anonymous]I don't understand what your daily newspaper reading has to do with anything. What people were saying is that sometimes titles sound more important than they are, and that often it takes an insider to understand that. The thing about that reduction in salary is that you are going to take a major lifestyle hit, completely aside from having to sell your mansion and move to a normal sized house. Private school for three children is going to eat a lot of salary. If you're paying $20k a year for 3 kids, the family's income is going to drop by $60,000, without even taking the nephew's tuition into account. Is it possible to live in this area on less than $100,000 a year? Of course it is. A lot of people do it, myself included. Is it possible to live in this area on less than $100,000 a year while still buying luxury cars, weekend golf getaways, tailored suits, big restaurant meals and extracurricular activities? Probably not. Please consider what is actually important to you before making this decision one way or another.[/quote]
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