Should I start looking for a new job?

posted 1 year ago in Career
Post # 3
Member
869 posts
Busy bee

This is something that’s really hard to advise properly over the internet because so many pieces of the puzzle are missing. 

Is your new home manageable on just your husband’s salary? Is he on board with this? Was this all discussed prior to buying a new home? You mention your insurance- will you and your husband still have benefits through his work? 

I don’t like the sounds of your current job TBH, I’m not sure what the laws are in your area, but 13 days in a row is a labour board violation here (Ontario, Canada). I don’t think they can be counted on nor do I think they will be a good fit alongside your nursing studies- especially as they will be aware that your training is not to further yourself in their field but to enter a brand new field. 

And I don’t want to discourage you from following your dream, but you have to be realistic, the further into your course you get (here it’s a 4 year BScN) the more unpaid hands-on clinical work you’ll be doing in hospital. Even a part-time job can be difficult to manage on top of this, especially in the final stretch when your clinical will be full-time and include shift work. 

It’s possible though that you may be able to get additional work through your program, I know several nursing students who have gotten paid  p/t &/ or summer work in campus labs etc- and since it’s adjacent/ complimenting your program they’re very accommodating of school & clinical hours. 

 

Post # 5
Member
1478 posts
Bumble bee
  • Wedding: City, State

I wouldn’t give up your current job.  At a new part-time position, I doubt you’ll have the flexibility to choose your own hours. You’re likely to get the shifts that more established employees don’t want.  New part-time employees usually don’t have much job security, either. 

Can you work your butt off in this job, take all of the overtime you can possibly get and save that income for a full year? I’m suggesting that you take ALL of your income and stash it, making ends meet only with your husband’s salary and then revisit going back to school with several thousand dollars saved. That way, if your part time gig doesn’t work the way you expect, you won’t be living paycheck to paycheck.

Post # 6
Member
9128 posts
Buzzing Beekeeper

View original reply
brideandblue :  home ownership is so much more expensive than renting even if the rent is the same as the mortgage. First off, your payment WILL go up every year because your taxes and insurance will go up every year. How much varies by where you live. Plus now you’ll have the added expense of repairs and maintenance. I’d make sure you have a good handle on what your new normal is plus a healthy savings account before seriously slashing your income. 

Post # 9
Member
7624 posts
Bumble Beekeeper
  • Wedding: June 2013

I agree that a home with the same monthly payment will be more expensive in the than renting. Do you need a lawn mower? What kind of yard work equipment do you need? Will you be renting a truck to move? Does the home have a warranty? Are you using more gas to get to and from work? Do you need to buy blinds (this hit us hard financially)? All rhetorical questions but things to think about none the less.

FWIW, our property taxes went up almost $700 within two years of us moving in. City income tax actually went up too which was another $500 a year. Our insurance also increases slightly every year. Oh and our water rates doubled. We went from $33 every three months to $26 every month. I know this doesn’t add up to the $250/month that your rent increased but costs do go up even when owning a home. I’m not trying to say don’t follow your dream just make sure you have a budget worked out with mishaps in mind. 

As far as a job, can you get your CNA certification? From what I understand, it takes 6-12 weeks. Although I don’t believe you would make $18/hr, it would get you into a medical position.

I also don’t know why you would have to quit your current job right before the holidays if your semester doesn’t start until January. Quite frankly, I don’t know how likely I would be to allow you back part time if I was the boss. Most semesters start mid January so you could leave right after the holidays and have a few weeks off still.

Post # 12
Member
9128 posts
Buzzing Beekeeper

View original reply
brideandblue :  I understand what you meant, but my point was that all of those things can go up so your housing isn’t really fixed. My taxes go up every year – this year was the highest at $700. Insurance rises slower but still rises. If you’re part of an hoa you could be hit with an assessment – have you analyzed the association’s reserves and any upcoming expenses? And brand new houses are not immune to large repair bills – how long is the builder’s warranty and what does it cover? Plus the moving costs, potentially new furnishings, etc. How much different will the utility costs be? 

The test run on the potential new income is a great idea! A good estimate for a new build is to expect to spend about 1% of the home price per year or maintenance and repairs. I would aim to have that set aside separately from your emergency fund. 

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