For the first post in this series, click here.
“A” wrote in: “It was about 3 years into my second job in the engineering world so 8 year’s total. I was having trouble focusing, I was easily irritated, I wasn’t taking care of myself like I should have been (food and exercise wise). I ended up having appendicitis for over 1 year (yes crazy I know) and that only impacted my health more. It got to the point my bosses where being super understanding and letting me work when I could because they didn’t want to lose me. But I would delay deadlines, feel sicker then I actually was and make excuses not to go. I just wasnt happy and it was hurting everyone. When I finally was allowed to switch (a pay decrease of nearly half and, I now work in retail) my life improved drastically. I’m 100% happier, life is going well, I’m not looking for drama and my relationship is the best it’s ever been. My health is getting my better and I’ve lost weight!” (Editor’s note: This isn’t our artist friend, “A”. Totally different people.)
I heard lots of responses like this one. “A” here was bogged down with “Drafting, data entry and project management” and just wasn’t feeling it anymore. She didn’t include numbers, but we figure she was making decent money. If working retail gives her roughly half what she used to make and she was eight years into an engineering career, let’s pin that around $50,000. Let’s also assume she makes and lives off $25,000 now. First off, good on her for keeping expenses down enough for a career shift. Even assuming she spends everything she makes, she’s on par with how much I spend in a year. (I spend roughly $20,000/year now, but I don’t have rent. She does.) If she’s managing to save money too, she’s kicking my ass! Second, it’s awesome that she knew when to walk away. Here’s why.
This article suggests a “stressful workplace could take 33 years off your life expectancy”, but if you read the article, they’re sensationalizing a little bit. For our purposes, let’s say half that – 16.5 years. Average life expectancy in Canada is 81.24 years, so what happens when we take 16.5 years off that? Uh, it looks like people subject to a stressful workplace drop dead just before their 65th birthday. So much for that RRSP! Clearly, workplace stress will not only kill you, but it’ll also make your financial goals moot. After all, you want a long and prosperous life, right? Anyway, “A” decided to look after her health and mental wellbeing, and her life has improved dramatically. I maintain that no matter what field you choose initially, there will come a day when you may want a change. For that to become even a remote possibility, you’ll want to start saving ASAP.
This is what happens when you’re frugal and/or have savings to fall back on: increased life flexibility, and keys to the golden handcuffs.
“Everyone is going to be different, but I quit shooting weddings 2 years ago (after 15+ years) and no longer take paid photography work. I could not be happier.”
“J” used to shoot weddings with me. It’s been years since we’ve done one together, but we’ve had some wild adventures. Because of photography, we’ve ended up in car accidents, kink dungeons, and more than a few situations I can’t talk about on a PG blog. I wouldn’t trade any of those experiences for the world. That’s why I was sad when he announced he was quitting wedding photography. I thought, “Why give up?”
I was wrong, of course. He wasn’t giving up. In talking with entrepreneurs who have “burned out”, sometimes the dream jobs we craft for ourselves aren’t much different than the trappings of a day job. The only difference is we “own” our jobs, but they’re still jobs. I think of my photography career as my day job, for example. And just like any other work situation, sometimes you need to step away when your career isn’t in alignment with what you want anymore. Even I’m sometimes tempted to leave photography because regular pay at a regular job is FAR EASIER than running your own business. Entrepreneurs are a weird bunch. For every success story that lasts for decades, there are some who didn’t quite attain their ideal, yet soldier on anyway. Sometimes, we build our own prisons.
The romantic notion of creating our own work based on our passions is a great story. I love shooting weddings, but I don’t publicize the bout of depression I dealt with last year and how it set me so far back in my projects, I gave partial refunds to my customers out of my own pocket. People don’t see the months we go without work at the beginning of our careers, living off ramen and unhealthy amounts of alcohol. And yet, us entrepreneurs are proud motherfuckers great at self-promotion, shouting “LOOK AT WHAT WE BUILT”, believing that creating our own work is somehow better than what Safeway Joe does for a living. For some of us, clinging to a business we created, whether or not it meets our goals, is the only thing we know how to do, and that’s how we ACTUALLY burn out.
Some jobs are objectively better than others, but there’s a myth that self-employment is better than regular employment as long as you can pay the bills. It’s not. I say find employment wherever you feel most fulfilled and, if possible, take money out of the equation by living on less and saving as much as you can using the advice on this blog. It’s quite possible that avoiding burnout is as simple as changing gears every few years and going back to our passions only when it feels right.
You don’t “work for someone”. You work for you. Seriously, just save some cash and do whatever the fuck it is you want to do, even if that means being a barista. Climb the corporate ladder, or don’t. Start your own business, or don’t. Retire early, or don’t. As long as you do what’s right for you, you won’t burn out.
The only imperative is you save enough money to afford your own freedom.
Continue the discussion on Facebook. I heard from dozens of people on career burnout, so give us a like and chat with us there.