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Should salaries and annual incomes be a massive factor when deciding upon a career, or should you try and do something that will make you happy?

Does money trump happiness? #financial-services #salary #financial-planning #personal-development

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Charlotte’s Answer

This is a tough question to answer, and the way one person answers the question is not necessarily the best response for you! Only you can answer this question for yourself. I would encourage you to be highly skeptical when you see what the average salary is for a job or profession, or even the average salary reported by your school for graduates--schools will try to entice you to study at their institutions based on that number and it can be very misleading. In a perfect world, you would be doing something that makes you happy and that earns you a good living; for most of us, it is a balancing act that changes as you go through life. You may want to work less when you start a family, or you may want to work really hard when you're young and retire early so you can travel the world or start a second career. Either way, it is good to have both short-term and long-term goals to work towards, and realize that life happens and you should be prepared for some challenges or changes. Sometimes you may not have the luxury of doing something that makes you happy if you can't pay the bills, so you have to be realistic and open to trying different things and making adjustments. The common denominator in all of this is knowing yourself and what makes you feel fulfilled, so I would recommend making a list of jobs/professions and researching what skills/experience/education are needed for those, and from there, see where you fit. You should also have financial goals and objectives, and hopefully there will be some overlap between the two. Best of luck!
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Cheryl’s Answer

Hi Emma
This is a tough question because if you don't have enough money it will be hard to be happy if you are always struggling to survive.
If you want a career that you already love that by its nature makes you a lot of money that is the ideal situation.
But if you are just starting out why not pick 2 things? and if one doesn't work out you have a backup plan.
Its not a complete answer but it is something to think about.
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Melanie’s Answer

Hi Emma: Do what makes you happy. Money isn't everything. Follow your passion and you will realize you have sufficient funds to live a comfortable life. Good luck!


Melanie

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Steven’s Answer

Emma-


Good question, and one even Professionals battle with throughout their careers. It's been my experience to just chase a salary doesn't necessarily bring happiness. I actually just read a study that after a certain salary (in the study $75,000), additional income does not buy happiness. Saying that, the idea of education from college and post graduate, is to spur interest in a field that will be rewarding to you. As you get older and have been working for a while, these interests can change and then it is up to you to seek out these opportunities even if they require additional learning. The ideal, is to find happiness throughout all phases in your life both personally and professionally.

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Hemalda’s Answer

<h1>Hi Emma,</h1>

I appreciate you for this question, Career is all about you building an occupation with a significant role on which you need to progress. This shouldn't distract you from any of your personal pressures or responsibilities. You need to stand in a position to face anything that challenges the progress. The challenges can be the income, the state of your life etc. these things keep evolving. The only thing that doesn't change is the satisfaction that you get on a job well done.
I strongly believe that one should build a career in something that will make them happy! And the reset will be achieved gradually.

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Jaouad’s Answer

Hello Emma ,
I would recommend the second option, you should indeed try and do something that will make you happy, and will motivate you to wake up early on a daily basis and enjoy your day at work .
Loving the job you do is priceless , and when you love what you do , you automatically excel in your work ! which is for me a good guarantee of interesting compensation and rewards afterwards .
Good luck ,
Regards

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Shandra’s Answer

I think it's a balance. Money will not make you happy (although for a time you think it will). Find something you love and pursue it and set a budget accordingly. You may have to give up material things to pursue your passion but you may find you don't miss them.
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Katherine’s Answer

Hi Emma.. It would depend on the type of person you are and what your long terms goals are. Happiness can be found in many different forms and sometimes where you least expect it. Having a financial plan will help you determine whether a job should be selected for money or gratification. You will find that it is possible to have both.


Good Luck!
Kathy C.

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Terri L.’s Answer

Emma, find something that makes you happy. If you are really happy in what you are doing, you will do it well and easily. In time your experience will win out and the money will come. If the salary is not what you want you will still be blessed with a job that you enjoy. Most people however alter how they do that job and make it what they need to continue to be happy in doing it. Happy career hunting! :o)

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