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Reply to "Middle age DH career boost"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I would reconsider this entire plan. Why not just have your DW downshift to a less stressful job and see what that looks like? Let's say she gets something making $110K you're still collectively pulling in $250K which should be plenty of money. [/quote] This would require selling house, moving and changing school for our 3 kids And DW does not want this because she is worried about paying for college so dropping income is untenable without severe need (medical, etc). [/quote] I don’t understand why this means you have to sell your home. Unless you are living that paycheck to paycheck in which case you have a spending problem. [/quote] +1. Unless there's some kind of special needs situation if reducing your HHI to $250K requires you to sell your home you have a spending problem so maybe focus on that first.[/quote] We currently make $380k but most goes to mortgage ($6k). We bought close in, small old house but a proper SFH inside beltway with good schools. Dropping to $250k is dropping gross income by 1/3 — do most people live on 2/3 of their income just to have option to drop the other 1/3??[/quote] Yes, most people that make what you make can drop their income by 1/3 and be fine. At your income level you should be saving a ton of money not spending most of it. [/quote] *hard eye roll* no-most people outside of DCUM land cannot drop their income by 1/3 and be fine without making lifestyle changes. So typical that this thread would turn into bashing OP for spending too much instead of providing helpful career advice as requested.[/quote] I think that the thing op is looking for (a way to pivot to a 350k breadwinner job from his nonprofit role) is a long shot, so posters are looking for other ways to help them reduce the DW’s stress level. One way is cutting back expenses. [/quote] Except the PPs were saying OP shouldn’t need to cut back expenses and should already be living on <2/3 of his income, basically saying doing otherwise is irresponsible which is just out of touch with reality.[/quote] NP and it's not that anyone should be able to cut their income by 1/3, it's anyone making what OP and his spouse are making that should be able to reduce their income and be fine. It's not like a couple with a normal salary where basic expenses consume most of their income, if OP is truly spending most of his current income there should be a ton of discretionary items that can be cut.[/quote]
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