Hi everyone,
Quick background. Separated about 18 months ago. Coping (just) financially) but ex continually threatening to reduce maintenance and he's within his (legal) rights to do so as he's currently paying more than he has to. I currently work 4 days but have a lot of flexibility. Children are 7 & 10. Ex has minimal / no involvement with them during the week, so can't ask for help here. My current role however is more junior than some I've done in the past. Have applied for a much more senior role in another company which would pay lots more.
My question is really as per the title ... Would I cope, am I mad to even consider it??
PLUS
- Increased salary so moving towards better financial independence. I hate my financial position being subject to the whims of my ex and the current govt's position on support for working parents.
- Positive role model for my kids as they grow up
MINUS
- Loads more childcare would be needed, eating into extra money earned. Realistically, would prob need to find someone to look after kids at home most days after school, and no idea how hard this is to find
- Would prob lose all tax credits
- No idea how I'd cope with house stuff - cleaning, laundry etc etc
- See kids less - would they be sad?
- Increased stress, as this would be a big move up job wise
- New company, so no history to fall back on
- Family distant, so can't help day to day
- Less time to myself
Does anyone have any experience of this type of dilemma, who could share any wisdom with me.
I would be very grateful for any opinions / advice.
Thanks.