Personal Finance
Should You Consider Accepting a Job You're Overqualified For?
By ValueChampion  •  June 27, 2019

Get the Best Credit Cards in Singapore

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Whether you're disillusioned with your current company or out of a job completely, searching for a new position can feel stressful and exhausting. As days, weeks, or even months pass, you may start questioning your prospects, and feel tempted to consider roles below your level of experience, with lower corresponding salaries. In fact, earning a salary, no matter the amount, is better than nothing–right? In reality, this isn't quite true; accepting a lower-paying job that you're overqualified for may be a short-term fix, but can be very expensive in the long run.

Taking a Salary Cut Can Lead to a Big Loss in Long-Term Earnings

Accepting a lower-level position will almost always mean taking a pay cut. It's a

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By ValueChampion
We distill sprawling marketplaces—for insurance, credit cards, bank accounts, and more—down to choices that represent a sweet spot for value—as in offering the features, returns, or experience we think you need for the smallest outlay. We ask: Is the return on a particular purchase or decision worth the cost or risk of that option, and how does the choice stack up against other options?
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