The New Job Is A Lower Risk

Sarah's husband wants to pursue a teaching career, but he's concerned about the next step financially. Dave thinks this is a better move for him and lowering their risk.

QUESTION: Sarah in Orlando and her husband will be debt-free in 2011. He wants to pursue a teaching career, but he's concerned about the next step financially. Sarah wants him to do what will make him happy. How can she convince him to make the move? Dave thinks this is a better move for him and lowering their risk.

ANSWER: He's going to get a raise the first year. Why is the place he's at so much more stable than a government position teaching? That's not logical. A teacher is one of the most stable positions there is. You've got to really be a screw-up to get fired as a teacher. There are a lot of screw-ups still in the classroom—this thing called tenure.

Making this move is not a financial risk. I think you've just got to work through the logic of that because mathematically, he's going to be making more money and be at a more stable position than he's at now. This is not taking a risk; it's lowering risk. He'll be making more money, and a teaching position is very stable. I don't know how to convince him of that other than to just state the obvious facts and walk your way through the logic on that. That is something you can do to encourage him.

People ought to live their dreams—not in an unwise fashion, but steady, step-by-step, incremental moves toward your dream ought to be part of your whole life because you do make more money doing that, and you're more stable doing that—even if it's not something as stable as teaching.