Higher-Paying Job May End Up Costing You

Published Wednesday, June 15, 2016 at: 7:00 AM EDT

Are you thinking about taking a higher-paying job in another state? Better think it through very carefully. That new job actually could end up providing you with less spendable income than you get from your current job. How's that possible? A number of factors may affect the cost of living in any area, and some job seekers fail to consider overall living expenses in the area where the higher-paying job is located.In fact, according to Glassdoor, an online job-listing site, almost 70 percent of job hunters say salary is their top priority when looking at a new job offer. Location and...

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This article was written by a professional financial journalist for new michael mcdonald and is not intended as legal or investment advice.

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