Anonymous wrote:
mjsmith wrote:did the same thing 14 years ago. took me about 4 years to get close to the same money i was making. but the PTO and better quality of life was worth it.
NP here: Would love to learn more. I feel like my job is making my mental health suffer. I've always worked and am thinking of quitting...and I've never, ever thought of not working before. I'm too young to retire but am thinking about a job that has benefits, but that I don't have to take home with me at night.
What was the realization you made 14 yrs ago and what was the shift? (from what to what?)
Np here as well. My DH also went through this 4 years ago and the outcome has been great.
What made it work out:
We live below our means in the first place so would not stress about having ends meet after the lower pay
We had an emergency fund
He didn't actually quit, so there wasn't any CV gap or income pause, but for him/us it wouldn't have been too much of an issue
DH has some very transferable skills
He went to a much smaller organization where he could be much higher up
He knew that the smaller firm was well run and had a good reputation in its industry.
Benefits:
More seniority, able to implement his ideas and add value
This led to a pay increase as it reflected the firms increased revenue too
Great flexibility since he's senior and gets his work done however and whenever, and doesn't have to report to anyone...
Much more mentally healthy, as he has people around him really appreciating him
It's great for me as a WOHM as the flexibility for kids pickup is golden.
I do have better benefits but his aren't bad
I hate my job at a big organization and would love to work at his...but would never work at the same place as that would be too much togetherness or we would bring personal issues to work !
The key was to go smaller and pick a good smaller company that has potential to let you advance.