Should I Work for More Money Even with More Stress?

Less stressful careers often mean lower pay. It can be difficult to choose the type of work that you do. It can be difficult to balance the stress that you feel at work with a healthy personal life. You may be so focused on earning enough money that you may not be enjoying the rest of your life. Many people make it to the top management positions only to realize that they do not enjoy where they are or what they are doing. The stress in some positions may be bad enough that you need to cut back for health reasons or to maintain a healthy relationship with your spouse or friends and family.

If you are offered a new position, you will need to take the time to weigh whether the stress and additional responsibilities make taking the position worth it. While it is always nice to make more money, you may find that you are willing to work at a job with less stress so that you can enjoy your life more. If reach this point, you will need to work on cutting back so that your pay cut does not ruin you financially. As you consider changing your current career you should ask yourself these questions:

1
Is This a Position I Want?

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It is important to consider whether or not you will enjoy the work that you will be doing in the new position. Often a promotion means you will be doing a different type of work. You may be moving into management, which means that you will not be doing the same type of work on the projects. If this position will move towards your long-term career goals, then taking the new position makes sense. If you love what you do, and you do not want to move into management, it may make more sense to stay where you are. As you apply for new positions, you should learn as much as you can before you apply for a position. It is okay to interview for a position and turn it down if it does not feel like a good fit for your goals or personality. This can be a difficult choice, and if you are married, you should talk this over with your spouse because being under constant stress can put a strain on your relationship.

2
Do I Need the Extra Money?

Before you take a new position, you do need to evaluate how the extra money will affect your current lifestyle. If you have a family, you really may need to make more money in order to cover your basic expenses. A working budget should give you an idea of the minimum amount you need to make to maintain a lifestyle that your family is comfortable with. If you are married, you and your spouse need to determine together the financial goals for your family and how your career change will impact them. You both may be willing to make sacrifices for your long-term financial goals or to provide a less stressful lifestyle that is more family oriented. The key is to make the decision being aware of your current financial needs and wants. If you consider the hourly cost of some of your wants, you may be able to cut back on your spending in order to go with a less stressful job. 

3
What Are My Alternatives?

If you know that the job will cause too much stress, but you still need the extra money, you need to come up with a list of alternative solutions to the problem. You may be able to find a less stressful job in a lower cost of living area. This will allow you to cut back on the amount that you work without cutting your lifestyle as much. Moving to a smaller town will provide a different atmosphere. You may sacrifice some of the benefits of a larger city, but you can have additional family time and lower housing costs to compensate. It is important to carefully research the area before you move to make sure that you will be happy in the area. Some people do not enjoy living in smaller towns, and you should make sure that you will be able to make the adjustment before you change your job. Another alternative is to change careers by going back to school and getting additional training. If you are stressed out by our job, you may need to find another field that you will enjoy more.