Passion vs Money – What Should You See While Choosing A Career

Everyone faces this conundrum at some point in their lives. Fresh graduates frequently consider the following factors when deciding which business to apply to for their first job: Choose a career that you don’t particularly enjoy but pays well and has big possibilities for your future. So let’s find out if you should work for passion or for money. 

Benefits and drawbacks of doing a job for the money

First and foremost, we must define what it means to establish a career gradually and what it means to make money. When we talk about career advancement, we’re talking about people willing to forgo a higher income now to devote more time to learning new skills and building their networks. On the other hand, producing money is about increasing your current income; networking and skill development are secondary.

However, to perceive the big picture, you must first comprehend each of these professional possibilities in isolation.

The first step in this process is to weigh the benefits and drawbacks of generating a lot of money, therefore let’s start by talking about the advantages of doing so:

Benefits of doing a job for money

• Save for a rainy day.

The money you can save will provide you with a piece of mind. Whatever happens to your career, you can easily move on. After all, if you have enough cash, you might even start an entirely new endeavour.

• Safety

Needless to say, professionals who earn a large sum of money quickly feel far more secure than their (financially) less successful contemporaries. You don’t have to be concerned about market collapses, rapid changes in corporate management, or any other short-term issue.

• Money

You get to start making a lot of money immediately, which is the largest advantage. You can buy a house, shop for all you need (and even more), and pay for whatever else you think is important.

• Respect

Although this benefit appears to be a little fabricated, the truth remains that well-off people are respected, especially if they are both young and wealthy. It can boost your self-esteem and sense of belonging, which is never a bad thing.

Drawbacks to doing a job only for money

You’ve seen the advantages of money earning, but there are two sides to a coin; let’s take a look:

• Underdevelopment 

If you immediately begin pursuing the big bucks, you won’t have time to acquire the crucial abilities that ensure your long-term success.

• Lack of professional connection

 Your professional life loses diversity if you stay at one job for a long time. There won’t be a network of coworkers and business acquaintances to help you in the future.

• Working hours

A good job is not given to you for free. Instead, you probably need to work a few extra hours to make ends meet. You will have to deal with time management problems that are typically caused by this.

• Constant pressure

Do you typically feel under pressure at work? Are you pursuing objectives and aims all the time? Welcome to the world of big money! Get ready for the never-ending influx of stress and tension if you want to become Mr Big instantly.

• Health issues

With so much activity and strain in your business life, it’s not surprising that many successful professionals suffer health issues. Minor issues like sleep difficulties at first, but if you can’t escape the magic circle, things could go much worse.

Advantages of pursuing a job you love

You’ve seen the advantages and disadvantages of earning money, but there’s more to the story! Let’s find out the advantages and disadvantages of pursuing a job you love!

• Career development

When you are doing activities that motivate you, you will find it simpler to advance in your profession. If you hadn’t put your whole heart and soul into it, you wouldn’t be looking for new and creative ways to do your job or noticing details.

• Increased productivity

Being more productive is undoubtedly a result of doing what you love. Your drive to succeed and accomplish your objectives intensifies over time. When you are proud of the results of your effort, it will motivate you to pursue your goals.

• A more healthy you

That happens a lot these days, but if you have a job you like, it probably won’t. Spending time on our passions lowers stress and boosts happiness. Even better, when things start to go awry in life, your work might occasionally serve as your “escape plan.”

• Networking 

Unlike making quick cash, advancing your career depends on having a large network of contacts in the business world. In such cases, obtaining new, better-paying work later becomes much easier!

• Self-confidence:

Self-growth & confidence will grow as you continue to work hard and get better. Knowing your strengths and successfully competing or working with other experts in your field always makes you feel good.

Prioritising professional growth over money.

Now let us look at the disadvantages of prioritising professional growth over money.

• Earn less:

Motivated employees don’t always have the opportunity to earn much money. At first, you could find it challenging to pay your bills, which is a major disadvantage. Even though this is only a short-term drawback, it can be highly uncomfortable for people who are always in need of additional money.

• It’s challenging to unwind:

While career development is an exciting process, it leaves little time for relaxation. To effectively build your career route, you must constantly strategise, research the most recent business trends, interact with others, and take other necessary steps.

• Fail to meet expectations 

When you’re young, you have a lot of aspirations and hopes in your backpack. But the reality is not so sweet! Sometimes most of our dreams fail to come true. You can find that your coworkers don’t hold the same beliefs as you do or that the business is solely focused on making money. Because they just want you to perform one thing, this may prevent you from learning.

• Your passion disappears: 

Your enthusiasm for work and contribution may fade if you learn that your position is not what you had hoped it would be. It is often preferable in these situations to explore Resumes Planet and uncover a few other options in case you want to attempt something else with your profession.

To work for passion or to work for money- the age-old question.

“Choose a job you love, and you will never have to work a day in your life.” 

You’ve heard this proverb a thousand times before, but is it true? Is your level of job satisfaction sufficient to make up for a lower starting salary?

The answer to this question depends on a wide range of factors; however, we tried to assist you by covering every angle of the narrative.

The only logical inference from what we’ve discussed is that each person must decide for themselves.

There is no secret formula for solving this equation, so you must consider what makes you happy and fulfilled. If you are honest with yourself, you will discover how to strike a balance between cash rewards and career advancement. And if you’re having a hard time navigating this path, we at Mentoria are here to help you choose what’s best for you!