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Career: Time versus Money

posted 3 months ago in Career
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    1.
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    Wannabee
    Soccer2jp    October 2012   NorCal

    I am in a difficult situation right now and need some advice :) My fiance and I just moved into an apartment together. It is absolutely fantastic. We live in NorCal, east of San Francisco. He has a job with the local government district in San Francisco and commutes via BART to work. No issues there. I on the other hand have recently been approached by a former employer. Background: I lived in SoCal and dated my fiance long distance for  2 1/2 years.  My former employer was unable to relocate me close to him, so I switched companies. I went from working with a team, to working by myself in a tiny office.

    Now the details.  My current employer's  office is 30 minutes from where I live and the job is good. BUT there is a piddly bonus, no salary increase, no 401k match and no growth. My former employer is offering me a fantastic once in a life-time opportunity that would last 3-4 years with a 23% overall increase in compensation, annual salary increases and 401k matching.....but my commute would double. My current commute is 30 min. to work and 45 min. back. With the new job, I would drive 45 minutes in the morning work- no sweat, but evenings and Fridays i have heard are 60-120 minutes. Right now I have a heavy debt load and little savings.  I really want this new situation to work out, but I can't wrap my head around the commute. This is the longst commute I have ever had. 

    I keep rationalizing this by telling myself I will save more money for my emergency fund and  pay off my student loans (in year 4 of 10 of repayment ) from graduate school etc. Also, it will increase my worth in the market for the next position, which I could possibly get closer to home or in San Francisco so I can commute with my fiance on the train. My former employer may even be able to shift me to a position in San Francisco. 

    I manage stress by working out in the morning at 5am, so I am not worried about my sanity and activity level. I figured i could use the commute time by catching up on world news, books on CD etc. My fiance said after one year (when our lease is up) we could reevaluate where we live ( I really would not want to move at this point) and move closer so that our commutes are more reasonable. We do not have kids yet and plan on it in 2 years or so. Luckily our mothers are close by and can help us out...if we stay put in our new apartment- which is totally amazing. 

     

    So.....Time or Money. 

     

     

     
    2.
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    Bee Keeper
    AmeliaBedelia    March 3, 2012   Georgia

    Can't say what I would or wouldn't do, but I'll share what my friends and I always say. We always agreed in discussions that, if we were planning on kids (most of us are) then you take more money and suckier hours or commutes UNTIL you have kids. After kids, time is more valuable.

     
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    Buzzing bee
    Miss Orchard    September 8, 2012   Cambridge, MA

    I would do it. I commute about 45min to work and 1-1.5 hours home. It definately bothers me, but with a good CD it's fine. Just make sure that the pay will offset the cost of gas...or maybe you could use public transport? I think it's worth it. Do it now before you have children and will want that extra time at home...plus, you'll have additional experience and career growth! Go for it!

     
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    Helper bee
    chancehere       minnesota

    If you have the flexibility now (ie no kids, reliable car, etc), I would do it. I used to commute about 45 minutes in the morning and about an hour more (or much worse with bad weather or accidnets), and it was rough. But that was when I was also living with my folks so it wasn't as nice to come home to. The prospect of a big pay increase, and for a company you KNOW you enjoy working for is hard to beat.

    When I have to drive for work, I get books on cd. They help make the time go by. I think I would gladly add 15-30 minute to my commute if it increased my financial stability and my happiness with my job.

    Just make sure you really weigh the options, and maybe take a day off to test out the commute if you can!

    Good luck!

     

     
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    Mrs.KMM    July 17, 2010   Atlanta, GA (wedding in Indianapolis, IN)

    It sounds like it is a really good opportunity for you career wise.  I know that commute would drive me insane (I did an hour each way for a year and hated it) but many people make that commute daily and it doesn't bother them.

     
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    Busy bee
    bigcitybee    November 1, 2014   New York City

    All I can say is that with no real commitments bogging you down (I.e. kids) and a supportive DH to boot, you owe it to yourself to explore this once in a lifetime opportunity, as you put it. You may be filled with regret and resentment if you don't jump at this. Especially because the only real issue holding you back is a mere commute.

    Yes, commuting is an undeniable, pain in the a$$...but you deserve this opportunity and you'd better seize it! ;-)

     

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