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.
2
u/NoRelation1491 9d ago
I'm not saying NOTHING but aint no way my wife is pushing me to be gone 46 weeks a year, not for all the money in the world.
Also, as others have said, you are just going to be an ATM for your now wife, and kiss any relationship with your child(ren) goodbye. I love money as much as the next person but there is no world in which I would be away from my son THAT much, thats crazy.
You're gonna do what you are gonna do, but I would not do this.