What made you choose psychology or psychiatry over the other ?

I’m planning to start college next year at the age of 28 to become a child psychiatrist or psychologist after working in childcare with children who had high trauma for three years. Was curious on how you stuck out the long education? How hard was it to afford financially? Also, how do you handle your mental health while also handling others? I struggle with my own battles and wanted to know how possible it would be for someone who has a diagnoses to also provide therapy and medication for others? Can you also give me pros and cons for each job? I did use chat gpt for advice, but I still need a professional opinion because I have to know if I’m pre-med or not. Overall my question is, does the additional investment in becoming a psychiatrist produce a sufficiently better financial return?