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Should I focus on making money or doing what I love?

##life-#advice-#friendship-#love-#anything-#psycology #work-life-balance #make-money

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Jasanpreet Kaur’s Answer

Always do what you love to do. We earn not only money but even reputation once we enter into that field which we love to do. Start reading more about that field which you love to do. Also, read about how people in that field has progressed their life in it.

#mindset #help #focus #lovewhatyoudo #money #career #success

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Austin’s Answer

It sounds like may the things you would love to do are in an industry that doesn't allow for a high enough salary? Personally, I have a gentle balance. My job and passions can co-exist as completely separate tracks, which I don't take for granted.

My hobbies are all physical and fortunately, I don't want to and physically cannot spend all day every day doing them, but I definitely need them in my daily life to stay happy and balanced.

My job industry affords me a good balance of time and $ and I really enjoy what I work on and whom I work with. I am also *good enough* at it so someone is willing to pay for my output. This allows me to indulge myself into my hobbies (and now, a family) which also require time and $$. If there's an imbalance between time_$ and career_hobbies_family, even at a daily level, I become frustrated. My job is also more cerebral which counter balances my hobbies.

I also live in a high cost-of-living area and enjoy random finer things in life, which is why the income level is an important factor as well.

Otherwise, try listing out all your job/industry options, ranking them in love ---> dislike order, also considering if it's something you are good at since otherwise, you'll find it challenging for someone to hire, sponsor you or purchase your output.
Take the same list and rank them in salary or salary potential. See if you can find a balance point between the two lists that would make you happy enough to have a good quality of life financially.

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Ryan’s Answer

Hi Ariel! Excellent question and it all depends on what's most important to you. Try working the problem backwards and asking yourself what kind of life do I want to live? Do you want lots of free time to spend with friends and family? Do you want the flexibility to travel and have worldly experiences? Do you want the wealth to enjoy the finer things in life and own expensive material possessions? Then, think about what type of careers might allow you to accomplish your goals and aspirations. Are there any jobs in particular that excite you and that could meet your financial needs? Also, please know that what's important to you at this stage of life might completely change several times throughout your life. I recommend asking yourself this very question every few years throughout your career to ensure you are happy, fulfilled, and devoting your time to what matters most to you.

A 2018 study from Purdue University found that the ideal income point for individuals is $95,000 for life satisfaction and $60,000 to $75,000 for emotional well-being.

However, when people earned more than $105,000, their happiness levels decreased. Research consistently shows that if you want to be happier in your job, you shouldn’t chase a high salary. From a happiness standpoint, it’s more important that your job provides a sense of meaning or purpose. Good luck!

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Pulak (Nick)’s Answer

I want to say "do what you love," but if what you love is watching meaningless TV all day, this won't end well for you!

Doing what you love is important for quality of life, but money is certainly very important for personal freedom and good quality of life as well. I don't believe it has to be one or the other, but if it does have to be that way, you can still try to make the best of it. Here's how I would try to go about it if I were starting over:

1. Find something you love doing in a higher paying field. There are SO many high-paying career choices!
2. Sometimes we don't enjoy things because we're not good at them. Get good at something from a higher paying field, maybe you'll like it!
3. Find a higher paying field that doesn't require long work hours. Do what you HAVE to for 40 hours so you can do what you WANT to for the other hours.
4. If you truly truly love doing something and want to make a living at it, just make sure you set your life expectations, and be OK with what you will be earning. Chances are you'll be very happy with your choice! But chances are also you may regret not making more money when you get older.

I hope that helps!

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Denise’s Answer

Focus on doing what you love. Quality of life is very important. You might. Urn out later the have regrets

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Frankie’s Answer

Hi there! This is a great question! I feel in order to be successful that you’ll want to really follow you’re heart. Money is important but in the end what you’ve done with your life and if you’ve really taken risks and followed your heart is what will matters most .

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Ashley’s Answer

Follow your passion and you will be much happier. You will make enough to cover what you need. Here is a great video from Simon Sinek. Skip the ad, fast forward to 50 seconds into the video. https://www.youtube.com/watch?v=cNiKmZ__yZY I followed my passion, I love what I do and I enjoy going to work.

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Jeanine’s Answer

Hi Ariel! This is really an important question that I wished that I would have asked someone in my younger years. I tried to select careers that would yield the most money, but I wasn't happy. I wanted a better quality of life. If you do what you love, money won't seem so important. We need money to live, but you can make less and still live a wonderful life if you do what you love. Follow your passion! Good luck!