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Money Guy Show

"My Job Pays Well, But I Hate It" - What Should You Do?

Money Guy Show

Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors

Investing, Education, Business

4.73.2K Ratings

🗓️ 8 November 2021

⏱️ 20 minutes

🧾️ Download transcript

Summary

Let's say you've got a job that pays well, but you hate working there. What should you do? We'll walk you through that question and more in today's Q&A episode! Subscribe on YouTube! Download FREE Financial Resources from the show Sign up for our Financial Order of Operations course Let’s make sure you’re on the path to financial success - then help you stay there! The Money Guy Show takes the edge off of personal finance. We’re financial advisors that believe anyone can be wealthy! First, LEARN smart financial principles. Next, APPLY those principles! Then watch your finances GROW! Visit our site for more info. Instagram Twitter Facebook TikTok Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

It's Brian Preston, the money guy, restoring order to your financial chaos, retirement,

0:06.8

investing, taxing. You've got financial questions, he's got financial answers. It's Brian Preston,

0:14.0

the money guy. Brian, this next question is from Aaron. This is like a life advice question

0:23.0

from the money guy. I'm 25 and way ahead on retirement savings, but I hate my job. The jobs I

0:32.0

really want, let's get Southern, the jobs I really want pay very poorly. How can I evaluate when

0:40.1

my army of dollar bills is strong enough to leave my job? So a young person has a job, pays well,

0:48.7

saving well, not happy, not content. How do you go about thinking, man, do I do this for a while

0:57.5

and kind of, quote unquote, suffer through it to build up a base or do I make a shit? How do

1:03.8

you navigate that? What's some advice that you would give to Aaron? It really is that whole

1:09.3

what's the why and building up and here's the question I'd have you say everything you want to

1:14.1

do doesn't pay well, is it doesn't pay well temporarily or is it doesn't pay well ever?

1:19.7

Oh, that's a huge difference. I think about because we even have a section of the office

1:24.9

tour whenever you guys come into the office, we call career changers corner where we've got

1:31.2

engineers, we've got music producers, we've got doctors, we've got former public accountants

1:37.2

that have all made the transition to becoming great financial planners. Look, in this industry,

1:43.4

if you're doing it right now, look, there's people always say do you want to be the stacking healthy

1:49.3

financial planner where you're building up clients over time or do you want to be the rock star

1:53.6

financial planner where you're selling everybody whole life insurance and making a fortune is

1:57.2

assuming your family's wealthy and you have enough friends and family that you can hook up and

2:01.8

and and and and and and and and feed off of. Most people, I think the healthy way is you're going to

2:06.2

do it slowly over time. So it's not uncommon if you transition to the career of like financial

2:11.9

planning. It's also the 10,000 hours needs to be paid respect to you might do this five, six years

...

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