Switching from Lucrative Finance Career to Teaching

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Anonymous writes:

I’ve been working in the finance industry for the past 8 years and at 29 years old, I make a great income. I’m at a crossroad where I don’t love what I do but I’m doing great at my job and am on a very successful path, if I want it. What I think I’d really love to be doing is teaching at the elementary-school level. The only thing about teaching is the pay is low. I can make in 1 year at my job what would take 7 years in teaching. Am I being naive here by wanting to pursue something that doesn’t pay a lot? Within my current relationship I also feel guilty that I wouldn’t be participating as greatly in the family income. I’m now expecting my spouse to bring in the money doing something he doesn’t love. Is that fair?
Should money being the driving factor in a career?


The Career Doctor responds:

It’s funny how there are very distinct stages to life — and how those stages affect working and job-seeking. I think the two most fascinating to me right now are quarterlife and older workers, mainly because there tends to be great introspection and reflection resulting in big changes.

You are certainly facing such a time. And the Quarterlife Crisis, a time in your late mid- to late-twenties is when it occurs. There are many folks just like you — who jumped at a job or career path right out of college and found some sort of success with it, even without fulfillment.

Is money a driving factor in choosing a career? For some, yes. Should it be? For most, no. I used to teach business students, and for many of them, money is an important part of why they chose a business career.

But there HAS to be more. As you have found, you can have a successful career — and make a great salary — but at some point you are going to be very, very unhappy. Better to tackle it now than later in life, when you’ve let 28 years go by in an unfulfilling career.

I am a complete believer in following your career passion. I believe that when you follow your passion, the money will eventually follow too.

For those reading struggling in a passionless career, please take some time to visit this tutorial on Quintessential Careers: Finding Your Career Passion Tutorial: Uncover Your Ideal Career Path.

And for more on the Quarterlife Crisis, read Navigating the Quarterlife Crisis to Career and Personal Success: Five Strategies for Fulfilling Your Dreams.

Randall S. Hansen, Ph.D., the Career Doctor
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About The Career Doctor Blog

The Career Doctor Blog provides intelligent and level-headed solutions to job-seeker questions. Updated daily with a new career, college, or job-related question - coupled with a thoughtful response from nationally-recognized career expert Dr. Randall Hansen - The Career Doctor. Have a question that has you stumped? Feel free to email your question, but please know that because of the large volume of emails Dr. Hansen receives that a personal response is often not possible... and that it may take some time for your question to appear in the Career Doctor Blog.
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