We read a lot about career development and finding the right career for our interests and abilities. Another equally important aspect of our careers is to continually research options for out talents.
The best way to do this is to think long term. Many potential good career decisions are stopped in their tracks for one reason. The lack of resources. The wonderful business opportunity that you come accross is not persued because of lack of capital. The educational avenue that closes because the funds are not available to support yourself in the time it takes to make the change to the new career. The ideal job opportunity you turn down because the cut in pay (although long term the money would be there) would not support your current basic lifestyle.
They all center around one thing. Earlier when you should have rolled over to your IRA, you spent the 401k rollover funds when you changed jobs. Earlier you neglected to fund your Roth IRA, planning to do it next year. Earlier you forgot the advice to pay yourself first every month.
You never know when that great opportunity will come into your life. As you’re standing in front of the opportunity door, the key will only be available to enter once and only for a blink of the eye. “Opportunity” will not wait while you have to go back to pack your bags, by then it’s way too late.
Now is the time to make your preparations and get your “bags packed.” Start by taking stock of you current financial situation, what your own and what you owe. Are there things you can do to improve your value to your current employer? Are you taking advantage of all the investing and saving programs your employer offers? Do you have any outside interests that can be turned into streams of income? Overall are you working for your money (paying interest) or is your money working hard for you? What have you read in the past month to enhance your career or improve your abilities to manage your money? If you haven’t now is the time to get started. Good luck at developing all the possible options to advance your career.
This entry was posted on Monday, October 29th, 2007 at 3:10 pm and is filed under Career Advancement, Career Change, Career Planning. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.