Hi all,
Currently I make 36,000 a year with about 11k in car loan (small SUV that gets about 28 mpg and has 50k miles on it), 16k in student loans, 3k in credit card debt and I work about 13 miles from my house. My job is uber boring, and I can safely say I'm looking for a change.
I have an opportunity to take a job much closer to my house (within 5miles). This would allow me to sell my car and get rid of that debt. The flip side is that I would make considerably less money. Probably in the realm of 25 - 30k.
Does this transition make sense? I think I know that the decreased commute cost will definitely add up, but is basically a wash when coupled with the decreased salary?