Making a career change | Control your life
I have always been a big believer of being in control of your life.
That to me usually meant that if I were not completely satisfied with any aspect of my life then it was time to embark on a journey to change it.
A major change that recently occurred for me was leaving my workplace of two years and starting a new job with Wealth Enhancers.
Why the change?
In your Goals & Values meeting with our Advisers, often they will flesh out what’s important to you. What you would like to achieve in the short, medium and long term?
At my previous workplace, I was dealing with clients in the high net worth space and while it was interesting and challenging creating strategies for clients, with sometimes very complicated financial situations, I felt that it was not quite aligned with my own personal goals.
Personally, I am passionate about educating my peers.
Whether I grew up with them, I went to school or university with them, or they were on my dragon boat team, train with me at CrossFit and especially those who are now young professionals.
Similar to the mind map that our Advisers will guide you through, I myself have my own personal mind map which I update at least once a year.
It’s a great document to have in your home, office or fridge (in my case it’s on my wardrobe!), to remind you of the things you value most in life.
It was a constant reminder for me on my desire to work with young professionals. As a result I put a plan into motion to make a change. Now I find myself working for WE!
Making a career change or even a complete industry change is an exciting and possibly frightening experience.
Often we can get caught up in ensuring everything is tied up at your old workplace that we forget to make some important financial considerations.
You may be entitled to a termination payout. So it may be a good opportunity to consider investing a little extra on top of your regular savings plan.
Also, your cash flow may be disrupted due to differing payroll payment dates. Making sure you have a safety net of cash can help you transition smoothly.
Changing jobs may also be a good time to review your superannuation. Consider consolidating your accounts if you discover that you have multiple accounts.
Whatever your job is, I hope you’re passionate about it and firmly believe in what you do.
If this isn’t the case, perhaps it’s time to consider what you would truly love to do.
When you are ready to make the change take some time out. After the mayhem of tying things up at your old workplace, consider the financial implications of changing jobs.
Want to try out a goals and values session for yourself? Our Financial Coaches LOVE helping members with their goals and working out how to attach money to them. To chat goals with one of the WE team, book in a time for a Free Strategy Session.
Disclaimer: Information contained within this article is of a general nature. Do not be rely upon it when making financial decisions. Please consult a professional financial advisor or planner (like us!) before acting.