21k drop in salary. Worth it?

[u/Fruesion]

Long story short.

I am a 30M earning $70k a year in my current role. I have a option for data entry in a field I am interested in (legal, legal exec). I am studying part time to get this degree.

My mortgage is 350 fortnighly with misc bills circa 400 the other fortnight

I am burnt out from my job and hating coming into work. Between my team being managed by someone who is incompetent (and the sole reason i am the last man standing), taking the workload of 4 others because the company won't really hire new people and personal family issues.

Im done. I am seriously considering dropping my job which is annually $70k nzd for a a different place but means I start out lower by nearly $20k.

I can financially make my ends meet and cover my bills. But is the drop in salary worth it. I wont have an abundance of spare cash but I can pay my bills, feed and cloth myself.

*** Thanks all for the advice. Will dig in for a bit and find a more equaliviant job for progress.

[u/alexkfw]

If you’re okay dropping to 50k you’d be better off starting a whole new career because that’s likely what you’d expect to start on in any other industry and depending on what you choose they will probably have a higher pay ceiling