Higher-Paying Job May End Up Costing You
Published Wednesday, June 15, 2016 at: 7:00 AM EDT
Are you thinking about taking a higher-paying job in another state? Better think it through very carefully. That new job actually could end up providing you with less spendable income than you get from your current job.
How's that possible? A number of factors may affect the cost of living in any area, and some job seekers fail to consider overall living expenses in the area where the higher-paying job is located.
In fact, according to Glassdoor, an online job-listing site, almost 70 percent of job hunters say salary is their top priority when looking at a new job offer. Location and commute come in as the second choice at 59 percent. Benefits and perks come in third at 57 percent.
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This article was written by a professional financial journalist for Fisher Financial Advisors and is not intended as legal or investment advice.
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