Fed up with working?

[donald83]

Have been working in the finance sector for 7 years already.

1st 3 years at a Swiss Bank, 2nd 3 years with a US bank and now with a local brokerage firm.

All comes with different set of problems and I find that no matter where you work, you bound to have different kind of **** and problems.

I think i am not the only one who face this scenario. Can others share how you feel about this issue? I am drawing quite a comfortable salary but i thought of getting out of finance and doing something different (early childhood or smth to do with kids).

But of course this may cause a drop in income unless you start your own biz. ANyone can share their experiences or thoughts around this?

 

[kebinu]

see what you want as you have already stated the financial part.

next will be the fulfilling portion. if you are doing what you like to do, 5h1t can become ok!

 

[yukari_san3]

why specially to do with kids?

do tell

 

[tiny]

Can elaborate what u define by comfortable salary? Above $100k per annum package inclusive of bonus?

 

[wahkao3]

take the **** and the $$$$

 

[alexchia01]

Have been working in the finance sector for 7 years already.

1st 3 years at a Swiss Bank, 2nd 3 years with a US bank and now with a local brokerage firm.

All comes with different set of problems and I find that no matter where you work, you bound to have different kind of **** and problems.

I think i am not the only one who face this scenario. Can others share how you feel about this issue? I am drawing quite a comfortable salary but i thought of getting out of finance and doing something different (early childhood or smth to do with kids).

But of course this may cause a drop in income unless you start your own biz. ANyone can share their experiences or thoughts around this?

If you think of doing something else, means no **** and problems, you'll be disappointed. If this is your reason, I suggest you stay where you are. As long as you are dealing with people, there will always be **** and problems, whether you are employee or boss.

You also have the misconception that starting your own biz means having more income. In most cases, starting own biz means having to live with minimum income or even no income for the first few years. Only when your biz succeed then you can get more income. And most business fail within the first 3 years.

 

[highsulphur]

Have been working in the finance sector for 7 years already.

1st 3 years at a Swiss Bank, 2nd 3 years with a US bank and now with a local brokerage firm.

All comes with different set of problems and I find that no matter where you work, you bound to have different kind of **** and problems.

I think i am not the only one who face this scenario. Can others share how you feel about this issue? I am drawing quite a comfortable salary but i thought of getting out of finance and doing something different (early childhood or smth to do with kids).

But of course this may cause a drop in income unless you start your own biz. ANyone can share their experiences or thoughts around this?

Take it that you are below 40 and not married/without kids. If you are build a decent base and want to do something you like, by all means do so if it makes you happier since you are not really burdened by other responsibilities (eg kids education). But you have to accept that the financial rewards are likely to be less attractive than what you are getting now. Maybe you will succeed in your business and will be well rewarded but the odds are against you. Hence don't do it just for the prospect of better pay but rather your passion.

I am in a similar position except I am married with kids. My view is that my job is rather insecure and I may lose my job anytime. Hence I rather take each day at a time and be happy to draw whatever salary they are giving because I am not certain I can get that level if I were to switch line.

 

[Shiny Things]

Oh, hey. You're me two years ago. I was in the same situation; stick with a job that wasn't fun any more and was going to leave me pigeonholed; or quit, take a huge pay cut, but go and do something more interesting.

I left.

I waited until I'd lined up another job (building software for the financial sector, so I was able to put my domain knowledge to use), then pulled the ejector seat.

Life's too short to stick with a job you hate. Start hunting now, and start saving your cash (because taking a big pay cut is painful); look for a job where you can use what you've learned (consultancy; software product management; or something tangentially connected to banking); and then, as soon as you've got the new job, pull the ripcord and wave goodbye. If you stay, you'll end up hating it and hating yourself.

 

[donald83]

I'm 31 married with a one year old. More than 100k per annum including bonus. Feel like going into something to do with kids cos I feel that there is demand and people are willing to spend on kids. I personally like kids as well.

Nowadays I just feel abit depressed and this affects my motivation to work. But if I switch industry or try something different, most likely pay cut as well.

 

[highsulphur]

I'm 31 married with a one year old. More than 100k per annum including bonus. Feel like going into something to do with kids cos I feel that there is demand and people are willing to spend on kids. I personally like kids as well.

Nowadays I just feel abit depressed and this affects my motivation to work. But if I switch industry or try something different, most likely pay cut as well.

If you are feeling depressed, then it's best you move because it's going affect your personal life.

I don't hate what I do. Just that it's getting a bit mundane. I'm looking for something in the same industry that's more challenging and hopefully with more longevity. I'm in my late 30s by the way.

 

[starfish.starfish]

I was feeling pretty burnt out and depressed about work few years ago, so more or less I can understand how you are feeling now. Guess most ppl in the rat race have this feeling one or several points in their life.

Some "hard" questions that I was asking myself then:
1. Do you know yourself well enough? - if money is not an issue, what will you be doing?
2. Do you know your current expenses and savings?
3. Do you know how much/ how little you need to "retire" - take a break?
4. Mindset change is more important than job change, unless you are really suffering every day. I saw from a Steve Job article before: Every day before you start work, check if you are miserable. Note it down if yes. If you have a 100 days of misery, it's time to quit.
5. Focus on the good things in life. Friends, family, hobbies, good health.
6. Unplug from social media.

Am currently working towards my goal and hope to get sufficient passive income in 5 years time to be able to stop working and take a break. You should google this blogger - Mr Money Moustache. He is an inspiration for me and I have learned so much from his blog.

Hope this helps! Always remember - it's all about perception!

 

[focus1974]

I'm 31 married with a one year old. More than 100k per annum including bonus. Feel like going into something to do with kids cos I feel that there is demand and people are willing to spend on kids. I personally like kids as well.

Nowadays I just feel abit depressed and this affects my motivation to work. But if I switch industry or try something different, most likely pay cut as well.

That;s the problem with people...
Always thinking field is greener on the other side..Moon is fuller and bigger(ok..this one true.. I saw the moon in Australia! >lol).

If you say you are drawing $40-50k.. ok... I think you have to job hop more..and find the one you are passionate about..

But if you are already drawing 100k pa ... I think you should squueze every last drop out of the job and just keep on jumping within your domain. Once you get out, the pay cut is there, the job might not even be there for you.
A $100k job for another 10yrs (assuming no wage increment and you can last that long) will allow you a tiidy sum of money to pay off your HDB and then you can actually think about your passion or job hhop... and you can CHOOSE to WORK.. not HAVE to WORK.

Very hard to tell you what to do unless you have an idea what you want to do.
If you are 30yrs old and you say you want to go be a doctor, then I saw go for it!
If you are going to do biz.. then can you spare all your avail time to go into it part-time first with someone you can trust?
If you say you want to pursue your passion..then what's your passion and how are you going to monetize it.. ?

I donno.. that's just me.. after quitting becoz i dont like the job ...and then i languish at home till I am so old ... nobody wants me .... So ..better think about what you want to do and come out with an action plan.

It's easy to get out... It might not be easy to get back in once you are out of touch(as perceived by the hirer)

 

[weird]

yoz! ts
still rem me? cfa lvl1 many years ago.. lolz

Please think carefully before you even quit. As many of the bros here have mentioned, have an action plan first.

A few years ago, i just quit my job and till date i still regretted it.

 

[Majestic12]

Gotta find new monetary goals to challenge yourself.

Heck, I made over $170k this year and I think there is still a lot more room to go in terms of income potential in the future. Like you, I am also in finance.

 

[Majestic12]

I'm 31 married with a one year old. More than 100k per annum including bonus. Feel like going into something to do with kids cos I feel that there is demand and people are willing to spend on kids. I personally like kids as well.

Nowadays I just feel abit depressed and this affects my motivation to work. But if I switch industry or try something different, most likely pay cut as well.

Transforming your passion into a business is not as straightforward as it sounds. For some, the passion can turn into work that they gradually loathe.

 

[hogrider88]

all earn so much... now i am the one feeling depressed.. haiz..

 

[wts2013]

all earn so much... now i am the one feeling depressed.. haiz..

hahaha, ren bi ren chi sze ren, be happy

 

[kenpachi82]

I think more people will be depressed coming to this thread and looking at your age and salary.
advice here really good!

 

[donald83]

yoz! ts
still rem me? cfa lvl1 many years ago.. lolz

Please think carefully before you even quit. As many of the bros here have mentioned, have an action plan first.

A few years ago, i just quit my job and till date i still regretted it.

Paiseh i forgot already. Anyway i cleared level 1 and went to Level 2. BUt found that it is difficult to move into a research role at my age so no point taking further.

So what made u quit ur job and why regret? what did u do previously and what r u doing now?

Gotta find new monetary goals to challenge yourself.

Heck, I made over $170k this year and I think there is still a lot more room to go in terms of income potential in the future. Like you, I am also in finance.

Based on your income, are u in sales? banking? in the rat race? dont u feel tired and "soul less" ?

Transforming your passion into a business is not as straightforward as it sounds. For some, the passion can turn into work that they gradually loathe.

 

[stillgottheblues]

Join mobile air, got good salary by lying and cheating