Every decision we make is ultimately an economic decision, with the cost being either our money or our time, and the value being a very vague idea of valueness. You make your decisions based on criteria which is important to you and, presumably, you make your final decision after weighing that against the opportunity cost (i.e., the next best thing for your time, money, attention, etc).

And you don't owe anyone an explanation for it.

I recently turned down a job - which would have been a promotion inside another company - because it would have required me to be on call. Five years ago I would have jumped at the opportunity, but after five years of WFH with the luxury of being on call very rarely and not needing to commute, the opportunity cost was simple: I could take a promotion, or continue to have the ability to spend more time with my family on a daily basis. It all comes down to a persons values, and what they believe they will get the most value from.