Life & Money Family & Work Your Career 6 Times It Makes Sense to Take a Pay Cut Part of our Women & Careers series Courtney Hazlett Feb 15, 2018 Taking a pay cut can actually make sense if you’re switching careers or need better work/life balance. Photo credit: alvarez share Want more? Get financial tips, tools, and more with our monthly newsletter. First name* Last name* Email* Sign me up Related Articles article How to Negotiate Your Salary Learn more article What Is the Highest Salary You Can Ask For? Career Experts Weigh In Learn more article How Do I Switch Careers Without Experience? Learn more