F
FrancisFan43
Guest
Do you live in the US?
The concern for prestige reminds me of the T.V. series, The Office. In the first couple of seasons of the U.S. version, anytime Dwight Shrute refers to himself as Assistant Regional Manager, his boss corrects him and calls him Assistant to the Regional Manager.In other words, maybe the first priority is to be able to support my family, and then only after that should I be concerned about professional prestige? Friends, do you have any thoughts about this?
All of this is impossible to properly assess without knowing the hard numbers on comparative salaries, tax rates, costs of living, savings rate, accumulated savings (and potential investment earnings), potential to cut lifestyle, etc… etc…And do you think that a low paying job, lower ability to provide opportunities for your children, and causing your wife to go out and work will not provide stress? Really?
Do you have even the faintest idea what daycare costs?
Do people actually see you struggle? Do they actually see you perform in a mediocre way? Or is that just in your head - your self esteem or lack thereof?
The OP indicated his wife would need to work. Thus my comment about day care costs. I don’t intend to do a “Dave Ramsey”; but there is plenty of evidence out there about what the net is or is not when the second adult has to go to work, and they have small children. As to hours, possibly (especially if he is a young attorney in a large law firm), but he indicated he traveled a lot - so probably not that.It may be that the OP has the means to provide just fine for his family on a greatly reduced income, and just needs a little bit of financial coaching, rather than professional coaching.
Right. I guess I missed that.The OP indicated his wife would need to work. Thus my comment about day care costs.
There is a correlation though. It’s hard to have a relationship with your kids if you only see them for ten minutes a day. So this could potentially still be a concern. You might be more or less on point with the other things though. Either way, I’m sure it’s fairly complicated, and we don’t have all the information, so I’m going to stop speculating now unless the OP responds.I get it that he is not home as much as if he were an eight to fiver. But quantity of time spent with kids does not equate with quality of time spent.