109. Is the Stress Worth the Pay?

In today’s episode, we dive into a pressing question: Is having a high-paying job truly worth it? While many might instinctively say yes, reality can often be more complex. Join us as we explore the potential pitfalls and benefits of high salaries, revealing the truths that can help you navigate your own financial journey. Specifically, we chatted about: High-Paying Jobs in NZ: We explore the highest-paying roles according to Seek and how salary figures can differ based on various sources. Cons of High Salaries: Increased expectations and accountability, particularly for roles like CEO, can lead to longer working hours and a higher risk of burnout. Pros of High Salaries: Enhanced financial security allows for a better lifestyle, networking opportunities, and potential for earlier retirement if managed wisely. Real-Life Experiences: Insights from Reddit users who have taken pay cuts for better work-life balance, sharing their journeys and the positive impacts on their well-being. If you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend. SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - Spotify Follow us for fun chat & financial tidbits on IG: @itsnosecretnz Got questions? Get in touch: www.itsnosecret.co.nz Disclaimer: Investing involves risk including the possible loss of principal and there is no assurance that the investment will provide positive performance over any period of time. The information provided should not be relied upon as investment advice or recommendations and should not be considered specific legal, investment or tax advice. Any information we provide is general only and current at the time of writing. Kernel Wealth Limited is the manager and issuer of the Kernel KiwiSaver Plan and Kernel Funds scheme. The Product Disclosure Statements are available at www.kernelwealth.co.nz