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Advice appreciated! Employment question...
Hi All!
I hope that this is the proper forum in which to post this. I have been working very, very hard to get my budget in line and to save as much as possible. I am a single mom to a great six year old boy, and I have managed to finish college and last November I bought my first house. Things are going pretty good. But, something has come up that I just can't seem to make a decision on. I thought that I would ask all of you for some help in making this decision.
Right now, as it stands, I have a good-paying job. The problems with this job are many. First, I am incredibly unfulfilled (okay, bored) almost all of the time. Second, the job is funded annually and my contract is up at the end of October...right now we see no reason why it shouldn't get extended but oddly enough the funding for next year has not come through yet and we have no idea when or if it will come through. Combine this with the fact that our director is not the most competent man and it all makes for a pretty unstable situation. Today I found out that I am the number one candidate for a job that I recently interviewed for, and pending a background check, they will be offering me the position. This position is in my field of study from college, and it will be a tremendous opportunity, professionally speaking. It would be interesting and challenging. The problem is that the job is only 30 hours per week. I talked to the head of the hiring committee and he assured me that I could work more than 30 hours per week and write down my time, and he also offered to help me find other projects to help get me hours, but I am still worried. The pay is, as listed, 2.00 per hour less than I currently make, but I am sure that I could negotiate that higher. I am trying to weigh the pros and cons of this and decide whether to take the job or not. My son recently entered public school and so I will be saving $500.00 a month in school/childcare costs, and I was hoping to channel that money toward savings and bills. If I take the new job, I won't be able to do that. But, if I stay at my current job, I will have money but I will be unhappy and there is no guarantee that the funding will come through. I would hate to pass up this opportunity and then have my contract expire with no job. Ugh! I also have a small business that I have been running for the past 5 years...it is growing slowly but surely, and I do make money doing it, but I try not to figure that income into my monthly budget in case I do not make a consistent amount.
I guess the question is...in this particular case, which is more important, my budget and saving money, or taking a position that will help me professionally? I would so much appreciate the help. Currently I am taking home about $3500.00 per month, and with the new job I will be taking home about 2300.00. My mortgage payment alone is 1200.00. Help!
I hope that this is the proper forum in which to post this. I have been working very, very hard to get my budget in line and to save as much as possible. I am a single mom to a great six year old boy, and I have managed to finish college and last November I bought my first house. Things are going pretty good. But, something has come up that I just can't seem to make a decision on. I thought that I would ask all of you for some help in making this decision.
Right now, as it stands, I have a good-paying job. The problems with this job are many. First, I am incredibly unfulfilled (okay, bored) almost all of the time. Second, the job is funded annually and my contract is up at the end of October...right now we see no reason why it shouldn't get extended but oddly enough the funding for next year has not come through yet and we have no idea when or if it will come through. Combine this with the fact that our director is not the most competent man and it all makes for a pretty unstable situation. Today I found out that I am the number one candidate for a job that I recently interviewed for, and pending a background check, they will be offering me the position. This position is in my field of study from college, and it will be a tremendous opportunity, professionally speaking. It would be interesting and challenging. The problem is that the job is only 30 hours per week. I talked to the head of the hiring committee and he assured me that I could work more than 30 hours per week and write down my time, and he also offered to help me find other projects to help get me hours, but I am still worried. The pay is, as listed, 2.00 per hour less than I currently make, but I am sure that I could negotiate that higher. I am trying to weigh the pros and cons of this and decide whether to take the job or not. My son recently entered public school and so I will be saving $500.00 a month in school/childcare costs, and I was hoping to channel that money toward savings and bills. If I take the new job, I won't be able to do that. But, if I stay at my current job, I will have money but I will be unhappy and there is no guarantee that the funding will come through. I would hate to pass up this opportunity and then have my contract expire with no job. Ugh! I also have a small business that I have been running for the past 5 years...it is growing slowly but surely, and I do make money doing it, but I try not to figure that income into my monthly budget in case I do not make a consistent amount.
I guess the question is...in this particular case, which is more important, my budget and saving money, or taking a position that will help me professionally? I would so much appreciate the help. Currently I am taking home about $3500.00 per month, and with the new job I will be taking home about 2300.00. My mortgage payment alone is 1200.00. Help!
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