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Would you move your family to a town where you would make more money or to a town that you consider to be more your ideal place to live even though you would make less money? We are in this situation. Great job offer in a college town or good job offer in a city where we have always talked about moving to because it would offer us a chance to do the things we love more often; i.e. biking, hiking,boating,skiing. The college town is a more expensive place to live but close to family and friends. Second option is further away but has so much going for it. What have your experiences been and what is your advice?
The issue for me, is how much is "less money", are we talking $10,000 a year, or going down to minimum wage? I recently took a pay cut, for quality of life, and am perfectly happy.
Definately quality of life as long as you can afford to live off your income! I always say that I'd rather work at a job that I enjoy and make less money than work at a job that pays a million dollars and I don't like it.
Quality of life is so important. In this day and age, people tend to forget that. Enjoy where you live and live a less stressful life. Money is important but it's not everything!
The question of how much less money and which offers more long term growth (if that's something you are looking for). We moved back to a high COL area last year for quality of life but also knew that my husband's position would expand and offer us more cushion.
I think that there is a lot of value in living close to family and friends. I don't really understand your post, you will make more money, in the college town, close to family and friends, or less money at a place where you can go skiing and boating? I would stay in the place close to family and friends, making more money, and just take a ski vacation.
I think you answered your own question by saying that the further away town has more going for it. I assume that one will be better pay? How much of a pay cut are you talking about with the college town close to family? If it will put you in the poorhouse don't consider it. While I do agree that money doesn't buy happiness, being poor will guarantee it.
I think that there is a lot of value in living close to family and friends. I don't really understand your post, you will make more money, in the college town, close to family and friends, or less money at a place where you can go skiing and boating? I would stay in the place close to family and friends, making more money, and just take a ski vacation.
Additionally a consideration is what stage your immediate family is in AND your relationship with your larger family. I have 2 sets of friends who moved further away from family to promote their careers and make more money; significantly more money (guessing 50k ish). The upside is that the income made it easier to travel "home". But now that their parents are getting older, they've both expressed concerns about being so far away. We live in a college town with a great quality of life, decent cost of living, but a majority of the wages are on the lower end. One hasn't worked for some time now, but now can't find employment here either so he CAN be closer to family. The other hasn't taked about considering a move. IMHO, I'd rather spend Christmas with friends and family or than skiiing by myself. Personally I don't think that 10K is enough to offset the difference. Good Luck
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