Photo: H. Armstrong Roberts/ClassicStock/Getty Images After three years of dealing with a toxic work environment, I finally got a new job. My new company seems like a great place, and the people there seem a lot happier than my former co-workers. I love my new boss too. The only downside is I had to take a pay cut of about $10,000 . I was so miserable at my old company that this didn’t seem like a big deal, but now I’m worried I’ve set myself back.
But first, you can stop doubting your decision to switch jobs. As you probably know, you’re in very good company, and there’s a reason for that. “The pandemic has caused us to slow down and think about what’s working and what’s not and how that aligns with what we ultimately want for ourselves,” says Dr. Shonna Waters, a certified leadership coach and vice-president at the career-coaching firm BetterUp.
I don’t recommend the approach of simply trying to spend less across the board — that will lead to a lot more stress and tight corners like the one you’re in now. Instead, start with a big-picture inventory of your cash flow. I would personally do this by taking a thorough look at what I’m already spending — say, going through everything I spent over the past month — and figuring out what I can change.
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