5 Key Signs Your Retail Job Is Draining Your Wallet and Joy

Upscale fashion boutique stock photo
FatCamera / iStock.com

Commitment to Our Readers

GOBankingRates' editorial team is committed to bringing you unbiased reviews and information. We use data-driven methodologies to evaluate financial products and services - our reviews and ratings are not influenced by advertisers. You can read more about our editorial guidelines and our products and services review methodology.

20 Years
Helping You Live Richer

Reviewed
by Experts

Trusted by
Millions of Readers

Whether you’re a cashier, supervisor or salesperson, retail jobs can provide flexible scheduling and opportunities to gain skills, experience and access to various benefits programs. But the field can also be a difficult way to make money, as it involves physically and mentally demanding work that might not pay competitively and could become overwhelming. Here are five signs that your retail job may be hurting your joy and finances

1. You’re Struggling With Your Pay

Recent industry payroll data from the U.S. Bureau of Labor Statistics showed that the retail trade industry had the second-lowest average hourly and weekly earnings. Unless you have a high-paying management position, you could struggle to get by, turn to costly debt or do without some needs. Relying on a part-time role without guaranteed hours can worsen your financial stress and point to the need to look for better opportunities.

2. Your Health Is Suffering

When your retail role involves constantly interacting with others, you may catch illnesses often. Other health issues can occur if you do physical tasks that lead to injuries or the fast-paced, demanding work environment causes mental health strains. Not only can such issues result in lost pay when you call out sick, but your medical bills can further drain your wallet. This especially can be an issue if you don’t qualify for high-quality, affordable insurance. 

3. You Find Your Retail Job Completely Draining

Your retail job could be draining your joy if it normally leaves you physically and mentally exhausted. This can be from constantly moving around, dealing with customers or frequently needing to learn new tasks. Some warning signs include needing to shut yourself off from others after work, having little patience and dreading the next work day. You might even find yourself making impulse purchases or taking on unhealthy habits to cope.

Today's Top Offers

4. You Desire More Predictability

The flexible schedule associated with retail jobs can become a drawback when you need predictability to fit your work around other obligations. You might have a changing schedule that requires coming in on holidays and weekends or makes getting off for important events difficult. Along with having a worse work-life balance, you could lose money if your irregular schedule requires hiring a babysitter or missing an expensive event or important appointment.

5. You Don’t See Advancement Opportunities

Even if you’re currently satisfied with your retail job’s pay, work environment and benefits, you could be missing out if there aren’t any training programs or opportunities to move into a supervisory position or different role that appeals to you. Being stuck in your current retail job can hurt your earnings potential, make you bored and even lead to burnout. Consider whether changing industries or just finding a retailer with better development opportunities would be a good move.

BEFORE YOU GO

See Today's Best
Banking Offers

Looks like you're using an adblocker

Please disable your adblocker to enjoy the optimal web experience and access the quality content you appreciate from GOBankingRates.

  • AdBlock / uBlock / Brave
    1. Click the ad blocker extension icon to the right of the address bar
    2. Disable on this site
    3. Refresh the page
  • Firefox / Edge / DuckDuckGo
    1. Click on the icon to the left of the address bar
    2. Disable Tracking Protection
    3. Refresh the page
  • Ghostery
    1. Click the blue ghost icon to the right of the address bar
    2. Disable Ad-Blocking, Anti-Tracking, and Never-Consent
    3. Refresh the page