Follow Your Passion Without Having to Sacrifice Your Finances

October 14, 2012 | Jenni Proctor
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Is it really possible to do something we love without having to worry if it will give us sufficient income? Can we really turn our interests into our main source of income?

We often hear people tell us to follow our dreams and to do what makes us happy. But is it really that simple? Is pursuing our life-long career dreams worth the risk? With the economic downturn everyone's experiencing, risking a job we've been doing for years can be daunting.

Define your passion

You must know yourself very well. Know your passion. Passion keeps you moving forward even through challenges. When you are genuinely passionate about the things you do, it does not seem like work. Some people are afraid to pursue their passion because of fear that work related to the things that they really care about might not sustain their financial needs. Although working for a high-paying job that you don't like can bring food on the table, choosing to stay in that work for practical reasons will be bad for you in the long run. Success is not just about making big money, it's all about succeeding through doing something you enjoy. A career coach can help you in defining your passion.


Re-assess your financial situation

Your dream career may not be as financially rewarding as your present job and even if it has the potential in the long term, you can not expect to earn a great deal while you are establishing yourself. Assess if you can afford to take risks financially at this time. Examine your expenses, your lifestyle and the financial status of your family. You can still pursue your passion but you have to be practical about when and how you can afford to do so.



Career planning helps create a more secure change of career. Without careful planning, you lessen your chances of success. A well created career plan will incorporate the steps you need to take and the strategies you will use at each stage. It will help you stay focused towards achieving a successful career and will help you make realistic career and personal life objectives. A realistic career plan will allow you to be more proactive and to anticipate difficulties along the way. Consult a career coach to learn more about career planning.


Pursuing your passion will always have some risks including financial risks, and understanding this is the first step towards overcoming any challenges. Is your belief in the work you want to do strong enough for you to accept the challenges, make the required sacrifices and still feel confident that you are doing the right thing?

Need help? Seek assistance with a Clarity Career Management career coach today!

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Last Modified: October 14, 2012
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