Think Like An Economist
S E53: Economics For All Your Decisions In Life - From Romance to Retirement
Dec 14, 2021
21:20
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Quick takeaways
- Economic principles can help dual career couples weigh the benefits and costs of living in the same city for potential impacts on future career trajectories.
- When deciding when to have children, it is essential to consider the costs and benefits of waiting versus having children sooner, evaluating factors such as career establishment, fertility decline, and finding the right partner.
Deep dives
Borrowing Money for College and Career Trade-Offs
One significant decision faced by dual career couples is whether to restrict their job search to the same city. While living in the same city allows for daily interaction, it can limit career opportunities. Economic principles can help weigh the benefits and costs of living in the same city and consider the potential impacts on future career trajectories.
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