I have been offered a job to be president of a company (fits perfectly with my life plans). It is 240 miles away and I will be leaving my family in place so my youngest daughter can finish high school. So a year of geobacheloring. I travel a lot now so not a huge change in lifestyle. I plan to head up Sunday evening and return Friday evening. Will do this for a year and then evaluate options.
So I was looking at my commuting options:
1. Fly - 3.25 hours door to door. No cost to me. Rack up frequent flyer miles. Schedule at mercy of airlines.
2. Drive my truck - 3.5 hours door to door each way. They pay me $1,200 / mo for miles. I pay for gas at $350 / mo. I make $850 / mo ($10,200 / year). Put 14,000 miles on my 2008 truck that has 67,000 miles on it.
3. Company leases me a car to drive back and forth - no cost to me. Imputed income which means I pay tax on it.
I kindof like option 2. No imputed income, make $10,200 a year and I control my schedule.
Whadya think?
Tom
So I was looking at my commuting options:
1. Fly - 3.25 hours door to door. No cost to me. Rack up frequent flyer miles. Schedule at mercy of airlines.
2. Drive my truck - 3.5 hours door to door each way. They pay me $1,200 / mo for miles. I pay for gas at $350 / mo. I make $850 / mo ($10,200 / year). Put 14,000 miles on my 2008 truck that has 67,000 miles on it.
3. Company leases me a car to drive back and forth - no cost to me. Imputed income which means I pay tax on it.
I kindof like option 2. No imputed income, make $10,200 a year and I control my schedule.
Whadya think?
Tom
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