Making a big career change is not something you should do with a light heart. Most women take this step to find work that is more fulfilling and lucrative. To do it right, you need a proper financial plan. Consider the following budget tips to help you relieve the financial strain of starting over.
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1. Consider Improving on a Skill You Already Have
If you already have a skill that generates a decent salary, you may consider building upon that skill to make your career move. You could complete a professional development course to advance your talent and provide you with growth opportunities. Talk to your current employer about tuition reimbursement and the possibility of growth through education.
2. Consider Self-Employment
Sometimes, career changes are all about getting away from the job you have and gaining some independence. If you are tired of working for others, think about how you could become self-employed. For example, if you have writing skills, you could freelance as a writer. If you have expertise in any subject, you could start a consulting business from home. Consider your talents and how you can turn them into a business, but be sure to plan ahead to ensure your estate and finances are in order.
3. Prepare for Relocation
If your career move involves a change in location, there are a few steps you can take to save time and money during the process. For example, start planning your move far in advance. Research shows that planning to relocate and find a new home should begin eight months before your actual moving day. You need time to research and find the right job and neighborhood. You also need time to pack. Depending on the size of your current home, you may need to start packing between 2-3 months prior to your move. Give yourself plenty of time to alleviate some of the stress from the process. If you need to hire a moving company, research to find those that offer discounts.
4. DIY Where You Can
DIY is a great way to save money. You can DIY home projects, such as painting and refurbishing furniture. You can do the same for your career search. For example, you can create a professional resume using this type of resume builder. Choose from a library of professionally designed templates to suit your career market. Then add your own photos, colors, images, and content to make it work for you.
5. Compare Healthcare Benefits
An important component of any job search is understanding your access to benefits. Before you make any changes, evaluate the healthcare and retirement benefits available to you. If you decide to switch to a new company, talk to the human resources representative about the benefits available to you. This can tell you a great deal about how a company treats its employees as well.
Whether you decide to start from scratch and create a new career or improve upon what you're already doing, this next phase in your life should be fulfilling. Start by thinking about what you want from your job and how it will benefit you personally. Then create a stellar resume and take each step with purpose.
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