How Career Complacency Impacts Your Happiness (And Your Net Worth)

Understand the Impact of No Longer Striving for Career Growth and Development
Kathy Longo, CFP®, CAP®, CDFA Monday, 06 March 2023

How Career Complacency Impacts Your Happiness (And Your Net Worth)

If you have a job that you love and that challenges you, congratulations! It’s something that many people wish for but never find. In fact, it’s something I searched for prior to founding Flourish Wealth Management, and I know how challenging it can be to feel disengaged or bored with the work you do every day. The truth is that career complacency is common. Many of us get comfortable in our jobs and we stop striving for growth and development. While this may feel safe and secure in some ways, career complacency can have a significant impact on both our happiness and our net worth.

Career Complacency and Happiness

First, let's look at how career complacency affects our happiness. When we stop pushing ourselves to learn and grow, we can become bored and disengaged. We may start to feel unfulfilled and unsatisfied with our work, leading to a decline in our overall happiness. We may also start to feel stuck in our current position with no clear path forward. This can be incredibly frustrating and demotivating over extended periods of time, leading to a negative impact on our mental health and overall well-being.

Career Complacency and Your Finances

In addition to impacting your overall happiness, career complacency can have a direct impact on your net worth. We limit our potential for career growth and advancement when we stop pushing ourselves to learn and develop new skills. This can mean missing out on opportunities for promotions, raises, and other financial benefits. In addition, we may become less valuable to our employers when we experience career complacency. If we're not actively working to improve ourselves and add value to our organizations, we may be at risk of being passed over for new opportunities or even losing our jobs.

If career complacency is causing you to feel stalled at work, you might enjoy Episode 61 of my Flourish Financially Podcast – Four Career Habits to Grow Your Net Worth.

SEE ALSO:  Recipe for Success: 10 Ingredients for Financial Well-Being

The Benefits of Continuing to Learn and Grow in Your Career

Career complacency has clear negative effects on our personal well-being and on our finances. On the other hand, if you’re willing to challenge yourself and continue learning and growing throughout your career you’re more likely to be happier and more financially successful. Seeking out new challenges and opportunities helps us stay engaged and motivated. We may also be more likely to be considered for promotions and other career advancements than employees facing career complacency, which can lead to higher salaries and greater financial security for ourselves and our families.

How to Avoid the Career Complacency Trap

So, how can we avoid falling into the trap of career complacency? The first step is to commit to ongoing learning and development. Some workplaces make it easy by offering access to valuable learning opportunities. However, you might have to take matters into your own hands. This could look like taking classes, attending workshops or conferences, or simply seeking out new challenges within your current role. You might even look to a colleague or mentor for guidance and support and consider seeking out new career opportunities if you feel your current role no longer offers the growth and development you’re looking for.

Another aspect that’s important in avoiding career complacency is to regularly reassess your goals and ambitions. After all, goals represent our life’s dreams, and having plans in place to achieve them can be both exciting and fulfilling.

For more content on goal-setting, you may be interested in Episode 78 of my Flourish Financially Podcast – Use ‘Compass Goals’ to Achieve More in the New Year. It offers a look into an alternative to traditional goal setting, and it’s applicable any time of the year – not just on January 1.

SEE ALSO:  Are You Cultivating a Wealthy Mindset?

Is Career Complacency Holding You Back?

If you want to live a fulfilling life – one where you can flourish – and you’re committed to growing your net worth, it’s important to avoid career complacency. If this is where you find yourself now, don’t despair. Take just one small step today toward becoming more engaged in your current job or in finding a new one you feel more passionate about. You only get one shot at life, so put yourself in the driver’s seat and move in the direction of your dreams.

About the Author

Kathy Longo, CFP®, CAP®, CDFA

Kathy Longo, CFP®, CAP®, CDFA

Kathy Longo brings over 25 years of expertise and experience to Flourish Wealth Management. Kathy is wholly dedicated to improving the life of each client and finds joy in making complex matters simple and easy to understand. She excels at asking the right questions, uncovering new possibilities and implementing the most advantageous strategies for success. Playing such a pivotal role in her clients’ lives remains an honor and a privilege. After earning a degree in Financial Planning and Counseling from Purdue University, she began her career at a small firm in Palatine, Illinois where she worked directly with clients while learning to build a viable, client-centric business. Over the years, she gained extensive knowledge and wisdom working as a wealth manager, financial planner, firm manager and business owner at notable, various sized companies in both Chicago and Minneapolis.


  • This email address is being protected from spambots. You need JavaScript enabled to view it.

Top Financial Advisor in Minneapolis

Contact Us

  • 3300 Edinborough Way
    Suite 420
    Edina, MN 55435
  • FAX: 952.953.3310
Listen to Flourish Financially on Your Favorite Streaming Service

Copyright © 2020 Flourish Wealth Management, Inc. All Rights Reserved.