Breaking Free from Golden Handcuffs: Reclaim Your Career and Life

Dr. Lisa Marie Bobby is a licensed psychologist, licensed marriage and family therapist, board-certified coach, AAMFT clinical supervisor, host of the Love, Happiness, and Success Podcast and founder of Growing Self.
Hey there, lovely friends! On this edition of Love, Happiness and Success I dove into a topic that’s close to my heart because I know how real and overwhelming it can feel when you’re in the unique career crisis we call “golden handcuffs.” What do I mean by that? Golden handcuffs is what you call it when you’re feeling trapped in a high-paying jobs that, despite the perks, leave you feeling stuck and unfulfilled.
If YOU are in this situation you might be (understandibly) asking yourself — or Google! — questions like:
“How do I leave a high-paying job I hate?”
“What are the signs it’s time to leave a high-paying job?”
“How can I change careers without losing my income?”
“What careers can I transition to from my current job?”
“How do I deal with the fear of job loss?”
“What are the effects of staying in a job I hate?”
“How can I find job satisfaction without changing careers?”
“Is it normal to feel trapped in a high-paying job?”
Sound familiar? If so, I’m glad you’re here! We’re going to unpack ALL OF THESE in order to give you not just clarity and direction but also… some hope. Let’s chat about how to break free and create a career you love.
I’m giving you a rundown in this article but check out the podcast (audio, or Youtube versions are both linked here) for even more details and ideas about how to break free and reconnect with your passion and your purpose.
What Exactly Are Golden Handcuffs?
So, what are these golden handcuffs we’re talking about? Picture this: You’ve got a job that pays well, offers fantastic benefits, and maybe even a fancy title. But every morning, you wake up with a heavy heart, dreading the day ahead. It’s like you’re trading your freedom and happiness for a paycheck. The term “golden handcuffs” perfectly captures this—golden for the money, but handcuffs for the feeling of being trapped.
Design Your Ideal Career
Connect with an expert career coach today.
Growing Self is proud to partner with Shopify, an all-in-one business solution that helps people actualize their entrepreneurial goals. Visit shopify.com/LHS to access exclusive discounts for our clients.
Meet Alex: A Real-Life Golden Handcuffs Story
Let me tell you about Alex, a listener who recently shared his story with me. Alex worked in a high-paying tech job, complete with bonuses and amazing benefits. But despite the financial perks, he felt like he was dying inside. He said he traded his passion for profit and felt utterly trapped: Like he couldn’t afford to do something different. Alex’s story is all too common, and it’s heartbreaking because it doesn’t have to be this way.
The Emotional Toll of Being Trapped in a Career You Hate
When you’re stuck in a job you hate, it takes a toll on your mental and emotional health. Stress, anxiety, burnout, and even depression can creep in. It affects not just you, but your relationships and overall quality of life. The pressure to maintain a certain lifestyle and the fear of financial insecurity can be paralyzing. Even though you’re functioning, you’re really not okay on the inside.
We can all tolerate this lifespace for a while – I mean, as adults, we all do what we have to do sometimes, right? But as months turn into years that turn into DECADES… a “life-space” becomes a “life-span.” Nobody wants to get to the end of their lives with big regrets about what could have been. That’s why its so important for all of us to be periodically taking stock of where we are, who we are, what we want in life, and how to make it happen.
Steps to Break Free From a Bad Job or Career Path
Alright, let’s talk about breaking free from those golden handcuffs. I go into these in much more detail in the podcast, but to summarize, here are some actionable steps you can take:
- Acknowledge the Situation: First things first, recognize that financial security is important, but it shouldn’t come at the cost of your happiness and mental health. Admitting this to yourself is the first step toward change.
- Diagnose the Problem: Get specific about what makes you unhappy in your current job. Is it a toxic boss, overwhelming workload, lack of work-life balance, or something else? Identifying the exact issues can help you figure out if they’re solvable or if a complete career change is needed.
- Explore Your Values: Reflect on what truly matters to you. What are your core values and passions? Understanding this can provide clarity on whether your current job aligns with your deeper aspirations.
- Manage Anxiety: Address any anxiety related to making a change. This might involve gathering information about new career opportunities, assessing your competitiveness in the job market, or even seeking the help of a career counselor.
- Create an Exit Strategy: Plan your transition carefully. This could involve building a financial cushion, updating your resume, networking, or gaining new skills. Having a clear, step-by-step plan can make the process less daunting and more achievable.
Transform Your Mindset
Now, let’s talk mindset. You can dramatically change any situation not by literally changing the situation, but by changing your relationship with it. That happens through mindset. For example. Instead of seeing your job as a trap, start viewing it as an opportunity that supports other meaningful aspects of your life. Shift your narrative from one of resentment to one of gratitude. This change in perspective can make a world of difference.
Join the Conversation
So, what about you? Are you in a “golden handcuffs” situation, or in a caring relationship with someone who is dealing with this? Let’s talk about it — I’d love to hear from you! Join me on my live streams every Thursday at 12 p.m. Mountain Time (2 p.m. Eastern). Share your experiences and questions about feeling trapped in your job. You can submit your questions in advance at growingself.com/dear-lisa, and I’ll address them during our live sessions. Missed this livestream? Drop your Qs in the comments below!
Final Thoughts
Breaking free from golden handcuffs takes courage, self-reflection, and strategic planning. But remember, your happiness and well-being are worth the effort. You have the power to design a future that aligns with your values and passions.
Thank you for joining me today on Love, Happiness, and Success. Until next time, take care and keep striving for a life that brings you true joy and fulfillment.
Xoxo,
Dr. Lisa Marie Bobby
Listen & Subscribe to the Podcast



