We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Re: Advice please, please help - Do I or Don't I? :(

Hi there,

I've just read a similar post. I work for a organisation and earn approx £24k. I'm very lucky to earn what I do as I have no formal qualifications and would struggle to earn that much elsewhere.

...However I can't stand my job, so much so I go home and cry at night and it's effecting me personally and with my partner as I'm so down. I work hard but the rewards are always reaped by other staff members and the office is working in the dark ages in regards to it's policy and ethics as it has one person you report to, the manager and that's it, no union, no other opinion..what goes, goes.

I have been offered a job at £18,500k for a larger company with a better structure. The problem is is that it is so much lower and I have to pay £545 for my mortgage, £105 for my car loan, and £250 each month to a relative for funding my house deposit.

Has anyone any thoughts or been in a similar situation, if so what did you do.
I am trying to clear my balances so I have more flexibility but it's hard. I am willing to work evening/weekends if need be but I don't know if that would help tax wise on top of the salary of £18,500.

I know it is tough out there so I appreciate also that some people have no jobs or earn less, as I was once there. But I do need help in finding out what is best to do. xx
«1

Comments

  • DCFC79
    DCFC79 Posts: 40,610 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 27 April 2010 at 6:06PM
    Is there no way you could cut down on your outgoings eg mobile, tv/BB/landline, food shopping. Are you sure you would be happy at the new job ?, i take it you would be as you said the structure is better. If it was me i would take the job at 18.5k, ok so its lower but id be more happier at work and home. Dont mean to be nosey but does your partner help with the bills or do you just pay for the stuff you mentioned eg car loan, mortgage etc
  • newbie2009
    newbie2009 Posts: 63 Forumite
    I have tried cutting down but it is hard as I can't cut much more down! I am unhappy (don't wish to say too much) but unhappy enough that I cry at home and my OH is getting fed up of it. Only thing is I don't want to struggle paying the mortgage with my oh and no other jobs going
  • Dizzie77
    Dizzie77 Posts: 2,206 Forumite
    Is there any chance that you could supplement your income with a second/part time job?
    Personally, I would say that your health and wellbeing is more important than the money - so if you think the new company are better, then go for it.

    I am in a very similar situation to you - but without another opportunity to go to (yet!)
    Good Luck x
    Why does nobody say Thank You anymore??:mad:
    Debt Free as of September 2011 :j
    Sealed Pot 2009 number 334 - £100 Saved! yey!!
    Sealed Pot 2010 number 334 - £116.51 Saved! Yey!! YIPPEE!!
  • DCFC79
    DCFC79 Posts: 40,610 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I understand what your going through OP, my job gets me down and i want to leave but id rather not do so until i have another 1 lined up
  • jdx
    jdx Posts: 226 Forumite
    :huh: This is tricky. On one hand you are miserable and should think about your health and on the other hand, that drop in salary will leave a significant dent until you can re-budget your way of living.

    Anyway, ultimately you have to think about your health and your OH. Have you talked it over with your OH?
  • DVardysShadow
    DVardysShadow Posts: 18,949 Forumite
    How much longer do your loans run for?
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • newbie2009
    newbie2009 Posts: 63 Forumite
    I have managed to clear as much as I can. £1500 is left for a car loan, and £4000 left for a family loan where they lent me money for the house deposit. I currently pay £105pm for the car loan and £250 for the family loan due to salary. Obviously cannot change the car loan but wondering if family would accept smaller amout say £150 for mortgage loan until I am sorted out?

    Any suggestions?
  • valos_mummy
    valos_mummy Posts: 717 Forumite
    I'd ask the family, see if they can accomodate a lower payment for the time being; hopefully they will be fine with this. Find out first, and if they are you know that taking the lower paid job won't affect you too badly.

    I'd leave that 24k job if I were you; you can always do a bit of weekend work to supplement the income. But if you carry on there your home life is not going to improve. I had a cr*ppy job and left in the end with no job to go to (very risky, but thankfully paid off. Wouldn't recommend it in these times though!) because home life was getting unbearable. I'd either be snapping or crying.

    You can re-budget and live off the new salary; but you can't improve the working conditions where you are now and it'll just get worse. I got very close to being signed off with stress so I jumped ship. I went to visit old colleagues months later and they all commented on how well I was looking so I knew I'd made the right call. Good luck with whatever you decide :)
    Do good deeds and you could raise the curtain, do good deeds and you could really raise your life....
  • So what does your OH think? As it directly affects him, he should be a big part of this discussion.

    You could try posting your SOA on the Debt-Free board, to see if they can help you cut down your outgoings or suggest ways of topping up your income or check whether it's feasible for you to live on the lower salary.

    Personally, I would go for the new job and try to get a second part-time job to top up the wages if necessary. What's the point of earning 24k if you're miserable all the time?
  • I would take the other job. It really isn't worth taking your unhappiness at work home. Keep us updated x
This discussion has been closed.
Meet your Ambassadors

Categories

  • All Categories
  • 346.7K Banking & Borrowing
  • 251.4K Reduce Debt & Boost Income
  • 451.4K Spending & Discounts
  • 238.9K Work, Benefits & Business
  • 614.4K Mortgages, Homes & Bills
  • 174.8K Life & Family
  • 252.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.