Pay cut career change
Hi all,
For those who transitioned from another career, perhaps corporate where the salary is higher than a full private practice, how did you deal with the idea of going towards a pay cut? How has this impacted your life?
I'm about to embark on a five-year MSc and I currently have a very well-paid corporate job. My salary in PP, even assuming a premium rate and full practice, will never reach the same amount I'm making now. I'm a bit scared about how my quality of life will be impacted by this and at the same time I'd love to become a psychotherapist.
I wonder if any of you have been in this situation before training or if you had to consider this as well?
I know that this career should not be considered for money but it is inevitable that salary is an important part of our lives, I'm a bit torn about this dilemma.