Black Friday Sale! 50% Off All Access

Why You Should Never Work Just For Money Many people think if they earn enough money to buy expensive cars, clothes, electronics and other things, they will be happy. Nevertheless, they forget this one important thing.

By Ceren Cubukcu

Entrepreneur+ Black Friday Sale

Our biggest sale — Get unlimited access to Entrepreneur.com at an unbeatable price. Use code SAVE50 at checkout.*

Claim Offer

*Offer only available to new subscribers

This story originally appeared on Personal Branding Blog

Shutterstock

People work to earn money and make a living. That is the reality. If we don't earn money, we cannot fulfill our basic needs such as shelter, food and clothing. However, you shouldn't let money control you. Otherwise, you can never find happiness and satisfaction.

The trouble today is that most people work in jobs that they don't like just to earn money. They think if they earn enough money to buy expensive cars, clothes, electronics and etc., they will be happy. Nevertheless, they forget one thing. Money can't buy happiness.

I am a supporter of following your passion and earning money through doing what you like. If not, you can come across with the following problems at some point in your life.

Related: The Do's and Don'ts of Business Cards

1. You will never make enough money.

Even if you are the highest paid employee for your level in your company, you will still feel underpaid. Therefore, you will always complain about your paycheck and talk about how someone else is paid much more although you deserve that payment. As a result, you will be unhappy and unsatisfied.

2. Frequently job hopping.

Since you are not happy and feel underpaid, you will want to look at other companies that you think pay more. Hence, you will find yourself job hopping frequently. At first, you can be happy for a little while because you will meet with new people and it is a new environment. Nevertheless, once you get used to it, the charm will go away and you will find yourself looking at job posts again unless this new job is your true passion in life.

Related: The Difference Between Work Friends and Real Friends

3. Have more debt.

Once you graduate from college and get a job, you will work to pay off your loans. Then, you probably want to buy a house. As a result, you will end up with a mortgage that lasts for years and you have to work to pay off that mortgage. On top of this, you have to keep your life style and buy the newest smart phone or go to Europe for vacation. As you can see, you will be confident in your spending because you believe you can pay them later. This can soon become a vicious cycle where you get your paycheck and use it to pay interest on your debt. As a result, you will get stuck on your high-paying job that you don't like because it is the only solution to pay-off your debt.

4. Become a slave to money.

As you can understand from step #3, after a while, money starts controlling you as opposed to you control money and therefore, you find yourself becoming a slave for money. Don't forget that money is not the most important thing in the world. Therefore, don't put money in the center of your life. Go for what keeps you alive and excites you in life.

Related: 5 Tips for Making Meetings Less Unproductive

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Science & Technology

I've Spent 20 Years Studying Focus. Here's How I Use AI to Multiply My Time and Save 21 Weeks of Work a Year

AI is supposed to save time, but 77% of employees say it often costs more time due to all the editing it requires. Instead of helping, it can become a distraction. But don't worry — there's a better way.

Starting a Business

Why Are So Many Course Creators Struggling if It's 'Such an Easy Business'? Here's the Truth Behind the $800 Billion Industry

Creating an online course is so easy — at least, that's what many "gurus" would like you to believe. There's a lot of potential in the $800 billion industry, but here's why so many course creators are struggling.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

The Two Richest People in the World Are Fighting on Social Media Again

Jeff Bezos and Elon Musk had a new, contentious exchange on X.

Money & Finance

Why Donald Trump's Business-First Policies Trump Harris' Consumer-Centric Approach

President Donald Trump's pro-business agenda is packed with policy moves encouraging investment to drive economic growth. The next Congress has a unique opportunity to support entrepreneurship and innovation, improving U.S. competitiveness with the rest of the world.

Business News

Barbara Corcoran Says This Is the Interest Rate Magic Number That Will Make the Market 'Go Ballistic'

Corcoran said she praying for lower interest rates and people are "tired of waiting."