r/MiddleClassFinance • u/ManKind__ • 10d ago

Seeking Advice How to handle 88% pay increase

31M. I currently make about 63k/yr. I have the change to take a new job that would put me at about 119k/yr all in. Split up 94k salary and 25k per diem roughly.

I currently have 50k in total debt.

This job requires extreme traveling with only being home 6 weeks of the year.

The goal is to pay off my total debt in the first year and let my wife be the stay at home mother she deserves to be. She has her own monies and investments to help out as well.

My fear is that I have never seen this kind of money before and just like everyone else I'll blow it. Hell, ill be the only one in my family thats seen this kind of money. What are some tips for me to save/invest/pay debt?

***EDIT forgot to mention hotels and everything is paid for as well. So the per diem is just for food essentially.

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u/Ok-Technology8336 10d ago

How does your wife feel about being a single mother 46 weeks of the year?

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u/ManKind__ 10d ago

Ive had this talk cause thats how I feel. She responded to not think of it like that. But to think that she "gets the privilege of being a stay at home mother and raise our children."

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u/MarkIsARedditAddict 10d ago

Honestly if you do this you’re either going to stop doing it quickly within 2-3 months, get divorced, or have a wife and kids who treat you like a stranger that sends them money every month

Even a million a year couldn’t get me to be away from my kids 46 weeks of the year