I am a single parent.
Current income is 450 per week salary and 42 per week FIS.
I work from 9 to 5 with an hours commute.
I have been offered a job in the shop near my house. I would be on minimum wage and working 3 hours per morning, earning 130 per week. These hours would fit in around my daughters school hours.
I would have no travel expenses (currently about 30 per week plus parking of 10 per week).
So currently I earn 492 per week.
I pay creche 75 per week while daughter is in school and 145 per week during holidays.
From my calculations if I take the part time job I would get 130 wages, 230 OPFA, 20 fuel allowance = 380 per week so a deficit of 112.
Working in my current job costs 75 creche plus 40 travel.
So it pretty much evens out.
I am aware i would have to pay childcare for days where she is not in school but that applies in my current position anyway.
Would I be mad to give up a secure full time job in financial sector (company is doing well and expanding) to work in a minimum wage position in retail?
I love my job but I feel my daughter is somewhat getting the short end of the stick. I am also struggling with study, work, family life etc since becoming a single parent again.
Stress is a part of my life and I think the new job would eliminate that however i worry about implications (loans, mortgages etc) in the future.
Any advice?
Current income is 450 per week salary and 42 per week FIS.
I work from 9 to 5 with an hours commute.
I have been offered a job in the shop near my house. I would be on minimum wage and working 3 hours per morning, earning 130 per week. These hours would fit in around my daughters school hours.
I would have no travel expenses (currently about 30 per week plus parking of 10 per week).
So currently I earn 492 per week.
I pay creche 75 per week while daughter is in school and 145 per week during holidays.
From my calculations if I take the part time job I would get 130 wages, 230 OPFA, 20 fuel allowance = 380 per week so a deficit of 112.
Working in my current job costs 75 creche plus 40 travel.
So it pretty much evens out.
I am aware i would have to pay childcare for days where she is not in school but that applies in my current position anyway.
Would I be mad to give up a secure full time job in financial sector (company is doing well and expanding) to work in a minimum wage position in retail?
I love my job but I feel my daughter is somewhat getting the short end of the stick. I am also struggling with study, work, family life etc since becoming a single parent again.
Stress is a part of my life and I think the new job would eliminate that however i worry about implications (loans, mortgages etc) in the future.
Any advice?