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Reply to "Working parents- would I be crazy to consider this?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Do it and plow all the money into a 529 for your kids. It will be a very good start to college savings.[/quote] Same here, I think. Well, I have teens now so it’s a different situation. But we are approaching the college years with fully funded retirement but insufficient 529s. I make only a bit more than OP—about 110k. If someone offered me 45k for 3 months of round-the-clock work, I think I’d have to take it. [/quote] OP has young children, so I am guessing she is in her early to mid 30s, that's a very young age to align herself for a more lucrative career path. This summer job is $$$ but it distracts her from putting work where it counts. I would urge OP to re-evaluate the alternatives, not 42k vs seeing your kids, but 42k vs potentially scoring 20% raise with a new job or a skill that yields 100% more money in the long term. I remember I was making 90k at age 30. Life was busy with a young baby, and I pushed forward, interviewed for new jobs, develop new soft skills (no certification or anything) by working with different team dynamics, I landed a 220k job at 38, got laid off a year later, but scored a new job at 210k. OP's experience in nannying suggests she has good patience, demeanor and her post is very articulate, I think it would be an opportunity missed if she is too focused on short term gain and not seeing her true potential. [/quote]
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