heather-ellis-banksMany Americans hope for higher pay as they progress through their working years.  At what point is higher pay not enough to stay at a job?  Abigail Hess of CNBC brings light to a new trend amongst working-age Americans.

Committing to Your Commute

Commute seems to be the leading cause for Americans to quit their job.  A recent survey from the Bureau of Labor Statistics reveals that 2.3 percent of the workforce quit their job in October.

Although it can be a smart move to quit a current job to get a higher paying job, the benefits of the additional money can dwindle if the commute is terrible.  The average time Americans spend commuting is 26 minutes up from 22 minutes according to the 1990 U.S. Census.  Ms. Hess’ article points out mathematically this equates to spending 34.6 more hours getting to and from work or basically a whole work week.

Moving Forward Financially

Work can be stressful enough and then adding on a terrible commute can increase stress even more which in turn has been linked to physical and mental health issues.  In my law practice, I meet with people facing huge dilemmas about how to move forward financially.

I see people driving very long distances to find suitable work to pay their bills.  I see people who work two jobs, have little to no time off and still face looming debt.  The debt issues include medical expenses that were not covered by insurance, unexpected home repairs or car repairs that were not budgeted, and the need to use credit to survive during periods of unemployment.

Let Us Help You With Your Financial Future

If you have accumulated debt and feel trapped in a job you work to make the minimums on this seemingly never-ending debt, you need to talk to someone about bankruptcy.  Quitting a job for a lower paying job that is closer to home may not be the answer, but if your debt is weighing you down and shackling you in a job, you should talk to one of our attorneys.  Bankruptcy can be your fresh start.  Please call one of our Bond & Botes offices for a free consultation.

Heather Banks
Written by Heather Banks

Heather Ellis Banks is an Associate Attorney at the Bond & Botes Law Offices in Knoxville, Tennessee. She holds a Bachelor of Science from the University of Tennessee Knoxville, and a Juris Doctorate from the University of Memphis, Cecil.C. Humphreys School of Law. She has been helping consumers to navigate through the bankruptcy process since 2005. Read her full bio here.

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