Optimal Finance Daily - Financial Independence and Money Advice

3049: Changing Jobs for More Money - Is it Worth It by Philip Taylor of PT Money


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Episode 3049:

Changing jobs for a higher salary can be tempting, but Philip Taylor argues that money alone shouldn’t be the deciding factor. Job satisfaction, stability, and lifestyle impact are key considerations, as frequent job-hopping can lead to long-term dissatisfaction. While salary surveys can help determine fair pay, sometimes staying put and building career capital offers more benefits than chasing a bigger paycheck.

Read along with the original article(s) here: https://ptmoney.com/changing-jobs-for-more-money-is-it-worth-it/

Quotes to ponder:

"You absolutely hate what you do; if you don’t, you’re likely to be miserable and just go about the motions because you need the money."

"When you change jobs just for the money, there’s no end to it; you tend to keep job-hopping all your life, flitting like a bee from flower to flower without really gathering anything of substance."

"All things being equal, you need to get the best salary that the market will pay."

Episode references:

PayScale Salary Survey: https://www.payscale.com/

Salary.com: https://www.salary.com/

Money.com Best Places to Live: https://money.com/best-places-to-live/

So Good They Can’t Ignore You: https://www.amazon.com/So-Good-They-Cant-Ignore/dp/1455509124

Learn more about your ad choices. Visit megaphone.fm/adchoices

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