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Home Finance

What to Know Before Relocating for Work

by Arun
2020/11/02 - Updated on 2024/09/22
in Finance, Advice, Career Paths
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If you find yourself facing a decision about relocating for a job, maybe you have been searching for home care jobs in Philadelphia, for example, and you have finally found one that is perfect for your career, you may be overwhelmed at everything you need to consider. Making a job change is stressful when you stay in the same city, considering packing up and moving makes it even more so. The decision is more complicated if you have a family who will make the trip with you. Like any big decision, there are some things to think about before committing to change. Some choices will be black and white, but there will be plenty of gray areas as well. You will probably find that the pros and cons of making a big move are not as obvious as you would hope.

Who Pays for the Move?

Depending on how far you are moving and how much furniture and other personal belongings you plan to take with you, moving can be an expensive operation. You may feel a bit of relief if your company offers to pay relocation costs, however, those are often reimbursed later. If you need to pay these expenses yourself, you may wonder what options you have. If you have decent credit, you can take out a personal loan to finance these costs. Personal loans generally offer better interest rates than most credit cards. With this option, you can borrow the money you need to pay for movers and other expenses related to your relocation. You can then repay the loan on your own or with reimbursement from your employer.

How Does Everyone Else Feel?

Anyone else in the household who will be a part of the move should be a part of the conversation. While you clearly cannot make your career decisions based on what your children want, you do want to know early on if there are strong feelings involved. If your child is upset or scared at the idea, frequent conversations can help ease their mind. Often the things you think your child would worry about are not a big deal, while things that you would never consider frighten a child. Even though your child won’t be making the decision, you still need to acknowledge their needs as their education is an important thing. You want them to thrive in their new environment, so school research is key. You can do this by going online and looking up what school level you want and your location, e.g. “preschool programs in McLean, VA” so that you can make the right choice for them. Whilst they will have to go with your decision, you still need to factor in how they will adapt, so a reputable school is important.

Your partner’s opinion will need to be taken more seriously. While it is easy to feel excited about taking on a new job, particularly if it comes with a big title change or raise, your spouse may not feel the same. If they work, they may worry that they will not be able to find a job they like as well as their existing one. If they are a stay at home spouse, they may have concerns about uprooting their life and their ability to make friends in a new area.

Do You Have a Plan B?

Making a big move can be life-changing, but things don’t always work out the way you hope. While you wouldn’t commit to making such a big change if you didn’t believe it was the best choice, you never know how things will unfold. Before making a big move for your career, have an exit plan in mind. Decide how long you will commit to the job, even if the workplace is not what you expected. Also, consider how you will react if the job is fine, but you or your family are unhappy in your new location.

Photo by bruce mars on Unsplash

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Tags: financejobnew locationpersonal loanrelocating jobrelocationworkplace
Arun

Arun

Arunshory is a founder of creativeshory, a professional tech & resource website. He is an avid learner and he has been blogging for several years.

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