10 times taking a pay cut can make you richer

Money shouldn't be the only motivator when deciding on a career, and taking a job solely because the pay is appealing can increase the likelihood that the job will not work for you in the long run. Moreover, a potential employer will most likely sense if you're not passionate about your role.

"During a recent conversation with a candidate, it became clear that his primary motivation was a pay raise," said Amy Perrone, an associate with Shelli Herman and Associates. "It was a big red flag. Taking a job primarily for money is a poor short-term objective that, once achieved, has negative long-term implications for everyone involved."

Perrone said that a smart job seeker is motivated by opportunity and fit, as money can lose its appeal very quickly. Keep reading to find out if you should take a pay cut, and get tips to make a career change.

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