midlifedude

Man at midlife making second half matter

Archive for the tag “happiness”

Good Money

When I would tell people I got a new job to start a new career in another state and would be moving, one of the first questions they’d inevitably ask was, “How much will you be making?” Or, so as to be less crass, “Will you be making good money?”PileOfMoney

In our competitive, capitalist, consumerist society, it is only natural that money is the first thing that comes to mind when someone accepts a new position. To be sure, why would anyone choose to move more than 500 miles and three states away for a job if not to make good money?

I had three answers for that question, and all had validity:

  1. Yes, of course I would be making good money, because there’s no such thing as bad money.
  2. No, I wouldn’t be making good money, compared to the much better money I had made in previous jobs.
  3. None of your friggin’ business what kind of money!

The answer is not simple. My job as a therapist under a two-year provisional license pays considerably less than my previous positions in public relations. I am at the entry level in the mental health field, where salaries and pay, though variable depending upon many factors, are relatively low compared to many other professions.

However, my job pays considerably more annually than the series of Gig Economy counseling internships and part-time and temporary jobs I had pieced together for the final two years of my counseling master’s degree program after leaving my full-time job. So viewed from that perspective, my new job does pay good money, and I’m grateful for that.

In midlife, we evaluate what we’ve already done and what we’d like to do with our remaining years, which no longer seem infinite. Priorities change, as we shift from the achievement-oriented, ladder-climbing, self-focused goals of younger adulthood to an increased desire to make a contribution to others, pursue meaningful activities and leave a legacy. My change to a career in counseling reflects the internal re-evaluations of the midlife transitional period.

When you realign priorities and make a significant change, there will be sacrifices. For me, one of those was money – good money. I knew that consequence of my decision from the start, when I embarked on the graduate program nearly six years before actually entering the counseling field. But I ignored that inescapable fact at the time.

Now that my new level of pay is a reality, I’m adjusting my life and budget to match. I may not yet qualify as a full-fledged Minimalist, but I’ve moved closer to that end of the scale in my spending, decision-making and thinking.

I don’t want to minimize the importance of making money – good money – or pretend I don’t care. It certainly helps in many ways and I always endeavored to make good money – at least the best I could in any given circumstance. I’d certainly rather be well-off and feel secure than poor and living anxiously paycheck to paycheck. Wouldn’t everyone? Fortunately, I have some financial cushion, enough to allow me to overcome the financial anxieties of making a career change, but far below some golden threshold to claim money doesn’t really matter.

But making ever more good money – however one defines it — isn’t the end-all be-all path to an ever more glorious Shangri-La, as a 2010 Princeton University study concluded. The Princeton researchers found that no matter how much more than $75,000 per year that a person earned, their “degree of happiness,” or emotional well-being did not increase. It also found that, though earning less than $75,000 in and of itself did not cause people to feel more unhappy, it did magnify and intensify negative feelings from life problems they had.

Beyond the practical realities of how I spend and the reduced margin of discretionary money available to save or burn compared to my previous work life, I’ve had to make a humbling mental adjustment: Here I am, in my 50s, peak earning years, with two graduate degrees, making less than half of what I made at my last full-time job, and less than or equivalent to many workers with much less education or years of experience than I have. Yet, I would still contend I am making good money, not bad money.

I gain fulfillment and a sense of purpose and contribution from counseling people and helping them improve their lives. Work is stimulating, rewarding and challenging, which I couldn’t always claim before. I look forward to my future in this new profession, and its many opportunities for learning, growth and entrepreneurship.

For those reasons, I know I can take this to the bank: I am making good money, with the promise of better money to come. When you truly enjoy what you are doing for a living and apply yourself with a passion because of that, the money naturally tends to follow. Good money.

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Man in the Mirror: ‘Compare In, Not Out’

In the substance abuse therapy group I co-led as an intern, the group leader would tell members to “compare in, not out” when he detected a member analyzing whose addiction was worse than another’s, assessing who among members engaged in more risky or reckless behaviors or seeking salacious details about others’ misfortunes and misadventures.

The leader’s message to the addicts was as clear as the typical pre-school teacher’s emphasizing individual responsibility and self-control to easily distracted and influenced children focused on others: “Worry about yourself.”

It’s a simple message, but one that takes discipline and introspection to implement, whether for the purpose of changing addictive behaviors or many other goals or pursuits in life in which the temptation is to compare ourselves to the status, abilities, fortune and accomplishments of others. The era of social media has compounded the phenomenon of “comparing out” through the instantaneous access we have into the windows of others’ lives – their new jobs, kids’ achievements, lively social gatherings, adventurous vacations and other things of which to be envious.

We would be more satisfied with our lives if we would “compare in, not out.” To me, “comparing in” means evaluating myself according to my assessment of my own Man in Mirror 2potential, my ability to strive for and attain goals I believe are worth pursuing, being happy with what I have at any given time rather than desiring what I don’t, and living life in a way that makes me feel positive about my actions, conduct and treatment of others, even though it will be far from perfect.

Still, living life without “comparing out” is a challenge for me, as I imagine it is for nearly everyone who hasn’t mastered some form of meditation or inner peace.

Right now, I am struggling against “comparing out” as I begin my second summer as a seasonal tennis instructor at a large beach resort tennis club, a “gig economy” interlude as I make a career transition to counseling.

Among the instructors, several of whom are year-round employees, it is apparent that I am ranked lower in the pecking order, understandably and justifiably as a seasonal staff member, similar to last summer. I know what I have to do to be successful is to conduct each clinic and private lesson to the best of my ability, stay upbeat and high-energy, engage clients in a friendly, interested and courteous manner, and work cooperatively with the staff as part of a team. But I still find it hard to resist comparing the assignments and the number of on-court teaching hours I get – which determines income — to others. Such “comparing out,” and the ruminations it causes, only makes me feel worse; on the other hand, “comparing in” when I give my all for a lesson or clinic, or assist a fellow instructor when needed, makes me feel positive.

My career transition from public relations to counseling is another area where I have to fight the lure of “comparing out” and instead “compare in,” basing my assessment on what I deem is fulfilling and achieves a sense of purpose. Though there is potential for income growth with the establishment of an independent counseling practice in the future, my first job in the profession likely will pay about half of what I was making in the public relations position I left. Eyeing the reality of my pending job search, it is challenging to avoid “comparing out” to other professionals in my age group who may be at the height of their earning potential and aren’t worried about scraping by. That’s when it’s important to “compare in” and realize I chose this path for a reason and I am fully responsible for my decision and the outcome.

“Comparing in” is difficult because it puts the onus squarely on us for our own successes and failures, our current condition in life, our decisions and behaviors, and, perhaps most importantly, the way we feel about ourselves and our own satisfaction and happiness. When we compare ourselves only to our own standards, goals, morals, ethics and beliefs, we strip away self-delusions and rationalizations and are forced to see only the “Man in the Mirror,” our only true compass.

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