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Article:

8 Reasons You Should Take a Pay Cut

Some Situations Present a Compelling Case for Taking Less Money

Cuts Aren't Always Painful

While a pay cut can be hard to accept, both financially and emotionally, look on the bright side. A reduction in salary isn’t the end of the world like it used to be. A pay cut may increase long-term opportunity, align your interests and skills with your duties, and allow you to do something you love.

Have you ever taken a pay cut, and if so, why? Use the comments section to tell us how it turned out in the long run.