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Relationship Discussion (non-explicit)
Reply to "DH job change "
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[quote=Anonymous]OP, we just did this last year - my husband quit his long-term job and started a new company with a former co-worker. We also have two young kids in an expensive private school and a full-time nanny, plus a hefty mortgage on a new house, so it was a risk for us as well. I think you need to make sure there is a business plan mapped out - how long will your husband be without income? Do you have savings to cover his lost income for that period of time? What is his expected income once he starts getting paid? What will the increase to your nanny's salary be if/when you have a baby? What kind of house are you looking at, and what would that mortgage be? Would your equity in your current place cover the down payment or do you need additional funds for that? Finally, what happens if it doesn't work out? Could your husband get his old job back? Or perhaps a similar job? I place a lot of emphasis on happiness, which is why I fully supported my husband's job change, but we also had our safety net figured out as well. If you don't, then any pleasure he takes from his new job will be ruined by stress. Good luck![/quote]
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