So what? Chasing money in life is utterly stupid long term strategy, if somebody told you this they were lying to you (or deeply unhappy people who went that way and instead of admitting the mistake they just drag others in same pit). Literally everybody who achieved anything serious in life says so. Yes it sucks when you don't have them at all, but once over that they should never be the top priority.

Do what you like, and for most normal humans (TM) moving to managerial position is moving to worse job while paid marginally better. More stress, far less interesting creative work and more baby-sitting/micro-managing incompetent folks, chasing other teams, processes, politics etc (if you don't do that you are not really a manager in any bigger company).

I am software dev for 20 years, my current full time employment net salary is over 20x compared to my first full time employment while doing largely the same job. You don't get good increases by moving up the ladder, you get it by switching companies and negotiating hard. That's it for the money part.