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Reply to "Should DH take a pay cut if it’s his dream job?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]HHI $350k to $300k isn't too bad, IMO. Are we talking $30k in private school tuition or $100k for a few kids? If you can't cut back on tuition, you may have to find other ways to save. But at the $350k range, that's going to be things like an affordable car instead of a luxury one, or not eating out as much, or renting a beach house for vacation instead of flying to Italy for 2 weeks. I agree that if your DH is very passionate about this, he may harbor resentment if you "say no." Draw up the budget first, and choose where to make cuts. Make sure you do not take the pain fully upon yourself (like cutting the house cleaners and then YOU do all the cleaning). If he has an expensive hobby or expensive car, then he needs to make the sacrifice.[/quote] +1. How much is the private school tuition? You guys should still be able to live a great life on $300K.[/quote] It’s not only the monetary difference- the nonprofit is likely to also involve longer hours and less benefits than the fed job and have less job stability - all of which is key, especially when you have a child with special needs.[/quote] That's fair. While setting out the budget, OP should also set expectations. And if DH starts missing expectations and refuses to roll back expensive hobbies, they need a clear pre-agreed-upon point at which the DH quits. OP says she is fed, too, so she has stability and benefits. As long as she doesn't resent HIM for going off on this whim, they will be fine even if the worst happens and they have to live off her $200k. That's still decent money if they stay within their means.[/quote]
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