Do you think the PhD pay you get is sufficient also What is life like after a PhD?

I am in a limbo on whether to pursue a PhD however I recently spoke to someone who done a PhD in comp sci/cybersec and he said that his friends got into a grad job whilst he pursued a PhD. And they currently 4 years on get paid more than him and he said his PhD has not unlocked more doors.

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This got me thinking do people who do PhDs care more about the passion than the money. I come from a low socioeconomic background parents worked 2 jobs etc. I feel if I tell them I want to pursue a PhD they'd just look down on me or try and convince me to stop as getting a normal grad job would be higher paying in the long term compared to doing a PhD.

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I would like to know people's PhDs and whether they stayed in academia or did not and what is their life like now.