I'm currently 20 years old living on my own in Namibia. For explanatory reasons i will be explaining the currencies in USD as i assume this is the easiest way for people to convert it to their relevant currencies to explain things.
Currently I am working an IT Desktop support job, while doing Development job on the side, for a big insurance company in Namibia. Currently my paycheck is 586,51 USD before Tax and 439,88 USD after tax (Keep in mind that these values might seem low due to exchange rates).
I’ve been working for this company for a year and it has taken a major toll on my mental and physical health. The company i work for is outsourced to the Insurance company, and for the year i have worked for them they have failed to recognize my birthday compared to my colleagues who have been working for a shorter period of time compared to me. The company also made us give a chunk of our paycheck for an end of year function and on top of that denied us a yearly increase as well as a bonus check. Due to these reasons i wanted to pursue a dream career in Motorsport.
I broke the news to my boss that i might be leaving end of this year to further my studies 2 weeks ago. Today he phoned me into the office and offered me a pay raise of almost 225%. My paycheck would go up from 586.51 USD a month to 1319,65 USD a month.
The catch is, i have already applied for a different job to idle in while i wait for university stuff to pan out, as i despise my current work environment.
At the current moment i feel as if i should weigh all my options. I’m waiting to hear back from Job number 2 as to how much they will pay me (Will update here when i find out what salary ill be receiving from them). I sincerely do not want to work for a stingy unfriendly company run by old grumpy 60 year olds. However, being young as i am the pay raise would be a massive amount and would set me up pretty well regarding future plans. On Top of that i don't want to entirely drop my dreams of doing motorsport engineering as it would mean id be working in a first world country.
Thus i would love some help in regards to if i should sack my dreams of motorsport engineering, and if so how i should go about investing the extra money i will have available to me every month.
TL TR: I have been offered a considerable pay raise of almost 125% by my current employers who are stingy and rude. I am also however waiting to hear back from a second job offer which could over a 100% pay increase. On Top of that i am also considering if i should go study and land a job in a first world country.
Edit 1: Maths
Submitted January 28, 2019 at 05:34AM by spartanforever1 http://bit.ly/2sSKbA9
