When the next level up might be a double-edged sword


Last week, I overheard two colleagues talking, as I passed them on my way to another building. One had shared some information, perhaps about a new job or house. The response from the person receiving the news was, “Oh, that’s good. Is it a level up?”

This struck me. If a new job or a new house is ‘up a level’, what are the benefits? What are the implications?

Stepping up

In respect of the former, a ‘step up’ in career-terms might bring more money, status and recognition. It might be the culmination of years of hard work and study to achieve a long-held goal. Great! Yet, what else might be in store at the next level up? More responsibility? Longer hours? More stress?

If the latter, a new house can mean more space, a new environment, a place to welcome friends and the sense of being ‘a level up’ on the housing ladder in investment terms. The converse is that a new house might bring more debt, more house maintenance and the need to do more paid work, as we service the needs (and costs) of a bigger, more expensive place to live.

Pros and cons

So, if you are thinking about going up a level, take a long, hard look at why. Do the pros really outweigh the cons?

If you consider that your job is fundamentally an exchange of your ‘life energy’ for pay, you might see the prospect of the next grade differently when you reflect that you have the chance to gain a sense of personal satisfaction from the other things you do outside of work. You are not your job. Your job is just one of the things you do. Yes, by all means maximise your earning potential but not at the expense of the things that matter to you (e.g. time with loved ones or a home-cooked meal).

The alternative

You might want more space, but do you really want more debt, higher bills and a commitment that can’t easily be aside. Instead, consider if the process of decluttering might just help you see your existing home through fresh eyes. Do you really need more room or just less stuff?

So, the next level up may be a double-edged sword. Be clear about what you’re getting into. Maybe being where you are right now isn’t such a bad thing after all.

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