My dream job just came with a nightmare offer. I’ve been wanting to break into fintech forever, and I finally got an offer as a senior associate. The role is everything I want, but the salary is only $95k. I could probably push for $100K but that's still $25k less than I make now in traditional finance. I’m torn, I want to follow my passion but I don't want to mess myself up financially. What do I do?

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Are there any additional income opportunities? Options? Bonuses? Are the benefits better? Better hours? Shorter commute? Will you be happier? Long term opportunities? Do the pros outweigh the cons? Money is important... But when I talk through these things with my clients, money usually is 4-5th on the list of true importance.

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I agree. You have to weigh the pros and cons. I took two-side steps so far but both resulted in upward mobility, more experience, and earning way more money in the end. If you can live with $25k less, hustle and show your worth. If there is room for growth, I say go for it!

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Negotiate the offer; there are plenty of scripts online. They may be able to give you a sign on
bonus. Check out Workhap for negotiation scripts. My last employer gave me a sign on because I was making significantly less, but also keep in mind the job market is tough.

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It’s so so tough to choose between passion and financial stability. I’d suggest weighing the long-term growth opportunities in fintech—salary could rise faster than in traditional finance. Maybe negotiate a signing bonus or revisit the salary after a performance review to balance both.

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You should try to negotiate for more, if for no other reason than it's always good to negotiate when the opportunity is there. Otherwise you look weak. If you can live on the money offered, consider it in the context of the road ahead. If you think the new position will put you on the path to where you want to be, then it may be worth it. It's like the old saying about how you may have to take a step back to take a few steps ahead.

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Listen to intuition. If you are enjoying your job. The money will come. Don't put the horse before the cart.

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Try to negotiate. You could still accept and use this to enter the industry. From there you can move on to betterzz

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What makes it your dream job?? Maybe focus on that and not so much on the money.

I know some companies are just not as willing to negotiate so that might not get you the additional 25k

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If it’s a dream job then I would take it and would then focus on the long-term strategy. $25K only messes you up financially if there are money behavior issues to begin with.

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Unless you have Financial burdens, working in a dream job would always be worthwhile. You will discover what it takes to be truly good at what you do, then money flows in.

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Couple things. IME FinTech just doesn’t pay great unless you’re in sales or a dev. Second, the job market isn’t great.

We can’t all be as ridiculously lucky as I’ve been. Left banking for FinTech. Okay step, tech was a good move, but it wasn’t for the comp. I then moved to enterprise tech. I’m still on the RevOps side of the business but make more than anyone I know who is still in FinTech.

Take the job. Money is secondary. If you love what you do you will quickly get raises and will have an amazing career path. Don’t let a few $k stop you from an amazing career. Make them understand how passionate you are and you will be rewarded for it without asking. Plus life is better when you love your job.

Sounds like you’re thinking short term vs long term. Early in my career I took a $20k pay cut to get the experience I knew I’d need to get to put me on the path towards my long term goals.

I keep saying there is no dream job anywhere 🤣

I really don’t understand people who have dream jobs😂😂😂. Shouldn’t money be what’s driving us?

Why do you think you'd only be able to negotiate for 5k? Was there a range offered initially? I'd negotiate for higher or look at total compensation package as a whole. Take an opportunity to negotiate, it's common to do so.

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