Logic Of The Day: 31.05.2019.
Taking steps to prepare financially for a career transition is critical. It is highly likely that in the early days of your new career your income may drop slightly or even significantly. You’ll want to examine your expenses closely and reduce or eliminate any unnecessary spending.
Separate your needs from your wants. Ideally, you will want to set aside at least 6 to 12 months of living expenses to provide a cushion as you ramp up in your new career. Depending on what field you are transitioning into, you can investigate grants, scholarships or loans to assist you in getting up and running.
It may also be wise to meet with a financial advisor at this stage to get a professional opinion and learn about other options that may be open to you.
Making a major career change is a process not a destination. Remember that success doesn’t happen overnight so don’t get discouraged. The key is to celebrate small wins along the way. If you don’t celebrate small milestones, you are going to lose the motivation and drive to continue.
So, the key is to tie how you feel not to your long-term goal but to the progress that you are making. The better you feel about yourself and your progress, the more likely it is that you will continue to put in the work that will help you ultimately reach your dream.
~ Caroline Castrillion (6 Steps To A Major Career Change)
© Logic Consult
"The Career Growth Team"