I was faced with this decision a few years ago and was wondering what the opinions are today. If you were offered a package of 50k salary +10% bonus in a mid COL city with 40 hour weeks, 20 days of vacation an 8% 401k match and a great work life balance, would you take it over the 80 hour weeks and $100k a year out of college? I took a job at a credit shop out of college made $100k my first year working 80 hrs/week then switched back and took a similar job to situation 1 and have not looked back.
Opinions? I think that the finance community as a whole is into chasing money, and more power to those that can work those long hours but once life started other things took precedent. There are ways to move up from that initial position and keep similar hours. It also is much easier than anticipated to live off of $50k a year (Again, mid COL) but it did take quite a few lifestyle changes. As we age is it better to have grown in a role like this for quality of life purposes, and what would I have missed out on continuing that schedule? Anyway, I do not regret the decision at all but feel free to comment what motivates you to keep up that schedule, would you trade it and what do you feel you are missing out on?