Asked by Anonymous

Would you rather make $30,000 a year doing a job you enjoy or making $100,000 doing a job you don't like?

I'm actually in this dilemma now between jobs. Interested to know what people think.

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  • Vicky Faith
    Vicky Faith
    11 Answers, 68 Upvotes
    Answered on 19 Oct 2018

    I used to be really hard up about money before I resign from my fist job (after uni, worked for more than 4 years) recently. It was a really tough decision as i was doing what i was passionate about. But the environment i was put through made me chose to leave without having another job lined up. I took a trip out of Singapore to reflect about myself and the job I wish to take. Below are some conclusions I had for myself, which hopefully helps you.

    1) I should never do what I'm passionate about/hobby as a job - because I'm so passionate about it, I tend to have my own opinions and know a lot more about it while my bosses may not. Their focus would be purely organisation needs and nothing else (unless the WHOLE organisation is set up with its core value revolving around what you're passionate about.. And your boss got to believe in the organisation core value too!)

    2) when I'm young, it's important to follow the right leader who are willing to teach and groom me rather than following the highest pay and never get to grow. Of course if I can get both at the same time, that would be awesome.

    3) after I graduate, my degree probably lands me my first job and not the subsequent one. The next job and on is highly based on my transferable skills from my first job.

    4) I was hard up about money and it was also money that kind of made it a really though decision for me to resign. Only when I finally prioritised my emotions over money then I can let go. It's ok to not have a lot of money now, as long as there's sufficient for emergency use!

    4) no matter how much I love the job, the company (especially big org) will only view with you as one of the employees. Don't ever sell your life to the company. Take your deserving break and don't try to "more OT means more hardworking". You will only torture yourself.

    6) I never knew what I don't like a job until I get to try it. I will view every single new things as a new challenge and told myself that I will get hold of it, no matter how much I dislike it. The next job I'm getting is a job that I always told everyone I will never do. But I met my direct boss during the interview and he seems really nice and nurturing.. most importantly, I know I can now do what I am really passionate on my own And not live my passion up to other people's expectation anymore.

    Sorry for the long story, but in summary, money shouldn't be your first factor, unless you're in a fire situation that needs as much money as possible. Good luck! :)

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  • Gabriel Tham
    Gabriel Tham, Kenichi Tag Team Member at Tag Team
    Top Contributor

    Top Contributor (Feb)

    544 Answers, 918 Upvotes
    Answered on 18 Oct 2018

    Coming from personal experience here.

    After graduating I worked for a job I really liked, kinda llike a dream job. But the pay really sucked. I didnt mind cos the job was really what I liked.

    Then, came the betrayal, was retrenched without benefits.

    Second job, also same industry, a job that I liked, really really into the job and people were great.

    Then, came another stab in the back. Retrenched again.

    After that came the realization. F*** the job you like. The company don't give a shit. They treat you like slave in the end. Just work for money and invest then retire early.

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    • Teoh Zetong
      ^retrenchment also doesn't necessarily mean Gabriel has been an evil guy, it's just a company decision to let go of functions they deem don't align with their strategy.
      24 Oct 2018
    • Gabriel Tham
      rather more like the company isn't making money but the upper management wants to keep their bonuses
      24 Oct 2018
  • Carol Tham
    Carol Tham
    1 Answers, 9 Upvotes
    Answered on 22 Oct 2018

    I tink a lot of people have asked very good questions which when you think through them, you will probably get your answer.

    I’ll just share my own experience. Hopefully it can shed some light.

    I was brought up to chase the dollars. There was always comparison from my mom with her friends children and my cousins and friends.

    When I got a job I liked but the pay wasn’t getting me anywhere those people were, it made me really upset. I felt useless. Until I left for Australia.

    As as long as what I am earning is able to get me the things I want, and there are aspects of it thst I enjoy (learning opportunities, good colleagues who support and encourage me rather than backstab me, etc) I was much happier. Then again, it was less stressful there because there was no talk about what I was earning, where I was staying, what brands I was buying.

    When i I returned to Singapore a couple of years back, the same stress returned Cos Thst was most of the conversation topic anongst adults. What house was I getting, am I upgrading, etc.

    it was until I had a target then it helped. I know I want to pay off my house in full by a certain age. So I don’t have to worry if I lose my job. Of cos job satisfaction was a high expectation now having had that in Australia. but the pay here was not able to compare.

    So I found a job that I believed I would like, and I also found ways to increase my income outside of my job so I would be able to also hit the target of paying off my house.

    For me, life is short. There is no point working like crazy and not be able to enjoy the fruits of it. The friendships and family time should be enjoyed now. But that also doesn’t mean don’t prepare for the future. So while I am healthy, I do what I can to prepare for the unexpected. Hopefully it never comes. I did it through investing - locally and overseas.

    i am not where I want to be yet but it is close.

    i hope through the sharing on this platform you are able to figure out what makes you happy, what is a must have for you and then from there plan where you want to go.

    Sometimes you might have to put up with a period, a season of discomfort to get to where you want to be.

    To improve myself I took time off to study and had to make do with little income during that period of time.

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  • Lin Junxian
    Lin Junxian
    1 Answers, 5 Upvotes
    Answered on 18 Oct 2018

    2 things to consider:

    1. What is your financial situation? Living comfortably or constantly worrying about your budget?

    2. What do you want to get out of your workplace? Job satisfaction, money? Are there other factors to consider like learning opportunity or career progression? List them down for both jobs and you may be able to see clearer as you weigh the pros and cons.

    All the best in whichever work you choose in!

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    • Leong Wen Fong
      Yea actually that's true, there are many other things to consider rather than just "enjoy what I do" vs "salary that I earn". Things like potential growth, time, and all these need to be factored in too
      19 Oct 2018
  • Hariz Arthur Maloy
    Hariz Arthur Maloy, Independent Financial Advisor at Promiseland Independent
    Top Contributor

    Top Contributor (Feb)

    378 Answers, 632 Upvotes
    Answered on 18 Oct 2018

    Honestly it's hard to not like money more.

    Unless it pains and kills you inside, I'll most likely bite the bullet, save enough capital, invest, and then choose to go back and do what I love.

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  • Nick Wong
    Nick Wong
    1 Answers, 4 Upvotes
    Answered on 18 Oct 2018

    If I am doing a job I enjoy than in no time I would excel and earn a lot more. On the other hand if I am doing a job I don't like, very soon I will be jobless as I will not perform and meet the expectation.

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  • Lee Jiahui
    Lee Jiahui
    55 Answers, 103 Upvotes
    Answered on 18 Oct 2018

    The 1st question is how sure are you that you will enjoy the 30k/yr job? Is it like a life calling that you know you will stick to it till your death? You probably currently know you dont like the 100k/yr job. Many ppl don't like their current jobs. I certainly don't like mine but it's just a job right?

    The 2nd question is how important it is to you to enjoy your job? And how much will you foresake for it? Cut expenses? Live with limited options?

    The 3rd question is which will you regret more in 10, 20, 30, 40 years' time, Not enjoying your job? Or not earning more when you had the chance?

    The 4th question is will the 30k/year job you enjoy run away or disappear? I.e. will it still be available when you are financially independent?

    The 5th question is what if the 30k/yr job turns out to be something you dont enjoy after a while? Will the 100k/yr job be still available to you or will you need to settle for another 30k/yr job?

    You should more or less know what you want by the time you think through these questions.

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    • Question Poster
      Sorry Linh Vn, I choose to remain private on this topic... I think the comments and answers here in Seedly are already very helpful. :)
      18 Oct 2018
    • Lee Jiahui
      jobs are created because there is an employer out-sourcing its stress... from a time investment point of view, you can also assess the $/hr in both jobs after taking into consideration the working hours expected. for 3 times the pay, if the time committment is 2 times more, then it's probably a higher yield, but it's also important to know how sustainable the lifestyle will be, and if the job adds market value for your next job hop. employees are just selling their time in exchange for money.
      18 Oct 2018
  • Darryl Lee
    Darryl Lee
    3 Answers, 7 Upvotes
    Answered on 18 Oct 2018

    Take the 100k job and use whatever savings you have after expenditure to do something you enjoy.

    As as much as you may enjoy a 30k job, with hardly any disposable income after expenditure, your life will be challenging no matter what.

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  • Lim Jin Han
    Lim Jin Han
    6 Answers, 10 Upvotes
    Answered on 18 Oct 2018

    I was in a similar position a few years ago. Was making about $30,000+ a year working 3 days a week when my former manager called to ask me to return to help him for $100,000+ a year (standard 5-day work week). I had thought to do it for 2 years, save enough and then go do something else. But eventually I turned it down, less because I was enjoying what I was doing, but more because there was something else I wanted to do and returning to the company wasn't it.

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  • Abdul Rafi Salleh
    Abdul Rafi Salleh
    1 Answers, 3 Upvotes
    Answered on 18 Oct 2018

    Same dilemma. Haven't found the answer. Logically, I am working for my retirement so to take the former option is a problem unless it can lead to a sustainable cashflow throughout your retirement age.

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    • Question Poster
      Interesting to meet someone also in a similar situation. yes indeed. planning for retirement is also on my mind.
      18 Oct 2018
  • Daniel Ling
    Daniel Ling
    44 Answers, 71 Upvotes
    Answered on 18 Oct 2018

    The obvious answer is to earn more, plan well then you can retire early. Since you were earning 30k, by gaining additional 70k with proper control and planning means investing 70k per year. That is crazy huge.

    I would also say this. You were hired for 30k. Now out of the blue you have an offer for 300% increment. Do be careful if it is genuine.

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  • Boonhow Eng
    Boonhow Eng
    12 Answers, 28 Upvotes
    Answered on 23 Oct 2018

    i had a higher paying job when i was out of uni, about 100% higher worked long hours, always fall sick. spent most of my money at the doctors. i did like my job and worked hard.

    but now my pay is much lower, it is more fulfilling, more autonomy, freedom to explore ideas and to execute and i love it.

    maybe you have to go through both to really know which one is more suitable for you.

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  • Yong Kah Hwee
    Yong Kah Hwee
    Top Contributor

    Top Contributor (Feb)

    531 Answers, 720 Upvotes
    Answered on 18 Oct 2018

    I would rather get the $100,000 a year job. Save it, retire early, then I can get to do whatever I want after that

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  • Daniel Tan
    Daniel Tan
    1 Answers, 3 Upvotes
    Answered on 18 Oct 2018

    $30000 is too low to continue even if you like your job. Especially in materialistic singapore. Even if you like it , you will have to think for your family ( if you are married) and your future

    If its strictly between only 2 choice, i would choose $100k

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  • Linh Vn
    Linh Vn
    1 Answers, 2 Upvotes
    Answered on 18 Oct 2018

    I am in the same exact situation. Would love to hear more thoughts on this.

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  • HC Tang
    HC Tang, Financial Enthusiast, Budgeting at The Society
    376 Answers, 901 Upvotes
    Answered on 18 Oct 2018

    I think depends on where you are now.

    If need $ down the road in about 2 years time, go for the higher pay one and make sure you can "dong" till you reach your $ target in few years time .

    If $ is not a big problem now and can afford the 100k job, then go for it.

    At the end, need to make sure it is a job you can learns and grow. Otherwise , it's just a job but not a long term career.

    Cheers.😄 Happy working 😄

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  • Sherry Joanna Lee Huiibin
    Sherry Joanna Lee Huiibin
    2 Answers, 2 Upvotes
    Answered on 24 Oct 2018

    I would rather have 100k a year and drag my foot to work and then after a few years get a job I really like as I have already accumulated an amount of money that I could spent if I were to just quite and go for an excursion.

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  • Chok Fern Chai
    Chok Fern Chai
    3 Answers, 7 Upvotes
    Answered on 23 Oct 2018

    I have been working on jobs that I 'liked' and allow me to learn for almost 20years before I finally realised that at the rate I am earning I will be going to might never be able to retired. Someone knocked some sense into me recently that I should have got myself a job that earns me comfortable income and with the money I can pursue things I like without stress.

    Depending on what you are looking for, there might be 2 approaches.

    1. Get a lower pay job that allows you to learn and you like, chiong till you 'learn enough', switch to MNC by late 20s/early 30s, chiong for money with the exprience and knowledge.

    2. Just go for a higher pay job and chiong till you earn enough to retire (hopefully by 50s), then take the money and enjoy life.

    Regardless of your choice, make sure you keep yourself alive in btw, dun stress till you have medical concern.

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  • Zach Howe
    Zach Howe
    3 Answers, 6 Upvotes
    Answered on 23 Oct 2018

    If I were in your shoes, I will possibly be taking up the 100k/year job, and work on it at most for a year, or maybe two, if I think I am 'enjoying' or 'excelling' at that job.

    Having said that, the reason that I took on it is mostly because, currently I am one without a degree (in very late twenties here) and so, having those amount of money will do help me out a lot.

    Education can be pretty expensive, as such this presents an opportunity for me but at the expense of my health/ day-to-day fulfillment (whether am I enjoying the thing I am doing or procastinating all day about my work), or both or more...

    Especially so, you have mentioned it is a sales jobs - I presume there is a target to hit, and perhaps there is also a need for you to do social interactions with people etc.

    Overall, in a nutshell, this can be a tricky situation to anyone. Such situations present a different scenario towards each individual - as some have mentioned, it depends on what is your financial status, your mindset and there are lots more that you can pretty much find in this chain of comments in this thread.

    Ultimately, whatever that you have choose, do not regret them and definetely do not think back of the other choice that you did not made - eg. "Why did I not choose that job"/ "This job's benefits sucks big time..." etc., because that can be pretty harmful mentally in a sense.

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  • Jason Sin
    Jason Sin
    329 Answers, 419 Upvotes
    Answered on 20 Oct 2018

    Since it is only a job as mentioned, then making more money would make more sense. This is because one could get retrenched or fired from a job anytime regardless whether you like or dislike the job. It would be different if it is a career. You know what you want and in this case, money would be less of a motivating factor. Instead, your passion would be your fuel and one day, you will be your own boss.

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