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My husband and I are both up for promotion that would require us to move to another state. My promotion will be coming in the next few months and his will take place in 2014. How do we decide who career is more important?
We live in Colorado. Mine would take us to either Dallas for Scottsdale. His would take us to San Diego. My husband is reluctant to move to Dallas but would consider Scottsdale.
Regardless, one of us would have to find a new job if we moved. Has anyone else gone through this before? Personally, I would take my promotion in either city in a heart beat but I'm worried that my husband wouldn't be happy as neither of my options compare to Colorado. At the same time, if we do move for his promotion it would mean I have to start all over in a new city and leave an executive level position on the table.
Did I mention that we are both career driven people without kids! Any advice would be greatly appreciated.
I would consider if either of your current jobs would be more difficult to replace than the other. The one that is more difficult to replace should be where you move to. In the same field? The one paying more money.
If you are close to either one of your families, you may also want to consider that.
Sometimes having a support system is far more important than money.
I agree with whoever's job would be harder to replace. Salary alone IMO is not enough to go on, as cost of living factors in (San Diego is one of the most expensive areas in the country). I don't see how your husband's preference for Colorado plays in, since if he takes his promotion you'll be leaving there anyway? I would go visit Scottsdale and San Diego, look at home prices in areas near where the job would be, and the market for the other's occupation in that area. Is his promotion 100% certainty even though it is a year away?
Highest paycheck doesn't matter nearly as much as ...
.... Location with best overall cost of living vs. how much getting paid
AND
.... Location with best chances for the other spouse to get a new job.
1 bigger paycheck means nothing if it means you're down to 1 income and struggling OR if you have to rent out the spare bedroom just to make rent each month.
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