Job A. Could you start hardcore savings right now? I figure leave current job May 1 or June 1, so only 3 more months. Take 2 months off during the summer and start Job A August 1. Dates are approximate.
Job A. Could you start hardcore savings right now? I figure leave current job May 1 or June 1, so only 3 more months. Take 2 months off during the summer and start Job A August 1. Dates are approximate.
I hadn't thought of this but this MAY be a possibility. We have a bunch stocked away in case of a tax surprise. So... maybe. Very interesting....
Job A sounds like the opportunity of a lifetime, plus it’s a little less travel/remote which gives you better work/life balance. I’m a bit risk averse when it comes to start ups, though, and want stability in my schedule due to small kids at home. I’m currently sitting in an airport waiting for a work flight. I’ve been traveling at least 10% of the time for the past year and there’s been times in the past couple years I’ve travelled up to 40%. I don’t think I’d want to do more than 20% regularly.
Option A, but like previous poster mentioned I would definitely look at my options to get a month or two off during the summer. I don’t know the ages of your kids but you might be able to save a bit on daycare or summer camps that way as well.
DH has always worked in the start up world and it is lousy. He’s averaging two months ‘off’ per year when you divide up all of his time unemployed between opportunities. He’s had two companies lock their doors and give everyone severance. He knew they were both on rough footing and was already actively job hunting but it often takes a long time to find a good fit and a company that looks solid. The last time his start up closed up shop he was jaded about the whole process and so only looked at companies that had been in business for 10+ years, which is where he is now. No more stock options for us!
With the way you were writing about A, I was waiting for a big downside because otherwise I figured it would be a no-brainer!
I see now the later start date, but I agree with others- see if you can stockpile cash now and then leave in May or June if possible. Especially with kids, it could be fun to spend a summer with them (if school aged?).
Based on my job history, I'd run far, far away from a start up. But an old coworker had stock shares from a start up she worked for and cashed out for a million dollars.
Job A. I know you can get lucky with a start up, but I tend to read the words "start up" and think "instability". Fair or not.
Anyway it sounds like you are a lot more excited about A, which I think is important. Both salaries are very good (IMO) so in your position I'd choose the one that interests me the most.
Post by covergirl82 on Feb 5, 2019 11:26:59 GMT -5
+1 to what waverly said. Given what you said about mental health, if you could have the summer off with your kids and then start a much better job in August, that sounds like it could really improve your mental health. Job A sounds like a much better fit for you with better options when the fellowship ends. I also agree with others that I attribute risk and instability with start-ups.
You are all so right. I DO want the fellowship way more. Thank you for your perspective and advice! Now off to figure out if I can take some time off this summer....
You are all so right. I DO want the fellowship way more. Thank you for your perspective and advice! Now off to figure out if I can take some time off this summer....
Do you get any vacation payout in your final paycheck? Maybe that would help cover the time off.
formerlyak, maybe, but it also depends on when I leave. I have some vacation planned over Spring Break, but I also accrue pretty fast (10 hours/ paycheck).