Some of you accountant types might shed additional light or correction ... but let's just look at the difference of $100,000 in contract money ..
1) ... Will lose say $50,000 in tax ....
2) ... Will then spend an additional say 500 hours a year in travel time from Mona Vale to Bankstown ....
3) ... additional costs of petrol and wear and tear on vehicles .... say $ ? ... tax deductable ?
4) ... Being coached by Dean Pay ?
5) .... Health deterioration of living off a diet of take away kebabs rather than mom's roast dinners ... ?
6) ... Lose of potential eternal legend status as one club Manly Players .... value .... priceless ....
To those on a weekly wage the difference may seem worth it ... but if you are on $1 mil and offered a $1.1 mil .... the difference in lifestyle may not appear that great ....
any more insights into the poosble decision process ?
1) ... Will lose say $50,000 in tax ....
2) ... Will then spend an additional say 500 hours a year in travel time from Mona Vale to Bankstown ....
3) ... additional costs of petrol and wear and tear on vehicles .... say $ ? ... tax deductable ?
4) ... Being coached by Dean Pay ?
5) .... Health deterioration of living off a diet of take away kebabs rather than mom's roast dinners ... ?
6) ... Lose of potential eternal legend status as one club Manly Players .... value .... priceless ....
To those on a weekly wage the difference may seem worth it ... but if you are on $1 mil and offered a $1.1 mil .... the difference in lifestyle may not appear that great ....
any more insights into the poosble decision process ?