Advice and thoughts,
Current situation,
FIFO life earning 210k a year, mortgage paid off, 3 investment properties negatively geared after the many rate hikes, got very young kids 2 &0yo.
In a big company with little responsibility and flex work & pay isn't too bad.
Thinking to move back to the city but with salary drop to 150k, but get time with kids every night.

Thinking of leaving the company for a higher pay job still in city and close to family, but higher workload n stress-What wud Udo?

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Wish I was in your field with those options. But my personal opinion is that if you're financially comfortable and a lot of the money is excess anyway, I would think the time with your family and less stress would be ideal since you can't get that back. I imagine going back for more money would be an option down the road if something changes financially or personally since it sounds like you have plenty of options anyway.

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True. You'd know better than me what's best for you so good luck.

I grew up with my dad’s job FIFO & we didn’t feel like we missed a beat. So if taking option one… You can arrange with a nanny or your spouse assuming she’s not working to have the kids come spend time with you at one of your work location. That way you can do a something w/them or just tour the city.

Is there a real need to move into the city other than spending time w/the kids? If yes, great option & I trust you can make do with the salary drop. About your properties negative gearing, I’m hoping you’ve found a way to offset against other taxable incomes or it may not be so bad if in a larger tax bracket thus allowing you to reap tax benefits (might want to talk to a professional).

Moving into a new company, you’ll have to assimilate to the culture, literally starting from scratch. Remember stress is the onset of many diseases and a silent killer - so this defeat the purpose of spending time w/family as you’ll want to be present & involved, not just there without impact.

Ultimately our strength deplete as we age so unless your ultimate goal is to leave a legacy or adequate resources for your family in your demise, taking on additional workload/stress is not the route.

I’ll stay put, find ways to be involved with your babies, take the time off (work will always be there), and discuss with your spouse. Best of luck!

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Thanks for the advice and insight.

Who’s taking care of the kids now?

My wife is, she's was doing part time when we had 1 child. Now back to full time mum.
Eventually she wants to go back part time again. My parents are retired hence they take care of them about half a day every week.

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