Decide How Much Money Your Work-Life Balance Is Worth
Everyone has their own way of maintaining a work-life balance . If you’ve never tried to tie a dollar amount to how important that balance is to you, you might want to give it a try.
As the personal finance site Millennial Money Man points out, a fair number of us would be willing to cut our paychecks if it meant we had a better balance between our home and work life. One study by Fidelity Investments found that 4 in 10 workers would be willing to cut wages to $ 7,600 to maintain that balance.
When you negotiate a salary , you decide how much the job costs you. When considering how many hours you work or how demanding a job is, it is helpful to have an idea of how much your life is worth. You may not be able to put a specific figure in dollars per year, but you can at least consider what salary would be “enough,” and at what threshold, more money is not as important as more time.
Would you accept a $ 7,600 pay cut to maintain a work-life balance? | Millennium Money Man via Rockstar Finance