If I decide to become a therapist, what's the likelihood that I will be financially stable?
Hello everyone,
As the question states, is this field a good choice for financial stability? I currently live alone on my own income as a teacher. I'm struggling to make ends meet on my 95K teacher salary in New England (HCOL area). While on paper this seems like a decent salary, I am having a difficult time paying my mortgage because housing is so expensive right now.
I'm not looking to make a massive amount of money. Like teaching, I do not expect this field to bring in a huge salary. I am interested in helping people ... but I am also interested in paying all my bills and not living paycheck to paycheck.
I know the first few years will be difficult, but with experience, is it reasonable to expect around 120K after five years?
I'm debating between the therapy field and becoming a psych NP. If anyone has any insight to offer, I'd love to hear it (even if it isn't about finances).
Thanks!