A popular excuse for not making a big career change is money. You don’t have enough money to train for new skills, to hire a career coach, or to pay for whatever support you need for the big change. Furthermore, you need the income you have for other things – you don’t have any left over to save for the big change and you certainly don’t have the option of quitting to focus more time on the big change.
A popular excuse for not making a big career change is money. You don’t have enough money to train for new skills, to hire a career coach, or to pay for whatever support you need for the big change. Furthermore, you need the income you have for other things – you don’t have any left over to save for the big change and you certainly don’t have the option of quitting to focus more time on the big change. However, although money is a legitimate consideration, it is not an obstacle you can’t overcome. It comes down to the math: how much do you need and where will you get it.
Think Robin Hood. Take from one place to give to another. Look at your discretionary income after the fixed bills are paid. Where can you shave off dollars to allocate towards your career change?
Raise your income. Can you start a side consulting business and use the proceeds for the big change? The graphic designer can create websites, the financial planner can give Quicken tutorials. I know a marketing director who did a brand strategy for a start-up to pay for her kids’ new swing set. However, remember that you need your energy for the big change -- this job is just for money so pick something you know you can do in which you won’t get too invested.
Challenge your assumptions. Still don’t have enough? Have you really separated out discretionary income or are non-essentials still in there? (Cable TV is not an essential when you are questioning all expenses.) Are you sure you need this money? (Can you take a workshop instead of a long-term class?) Are you sure you have itemized all expenses? (When you are trying to find the wasted dollars, you need to take a microscope to your spending.) There are always gaps between what you actually spend and what you think you spend, so be willing to challenge your memory and actually look.
Is Your Job Search Flexible or Just Unfocused?
As a recruiter, I’ve seen lack of flexibility on the recruiting side with employers clinging to every last detail in their ideal spec while perfectly good candidates get overlooked. As a career coach, I see jobseekers prematurely dismissing possible targets waiting for that perfect job. It’s true that you want to be focused in your job search (otherwise you dilute your efforts and come across as scattered and possibly desperate).
5 Questions to Test If Your Resume Is Recruiter-Proof
After recruiting in search and in-house for over ten years, I have read thousands of resumes. Due to sheer volume of resumes received and all the other things that vie for the recruiter’s attention in the hiring process – scheduling, interviewing, networking, reference checks, client debriefs, and more – the resume review process is ruthlessly quick.
Why Conventional Wisdom On Work Flexibility Is Always Wrong
In a previous post, I wrote about why employment statistics are always wrong. In a similar way, conventional wisdom on work flexibility is always wrong. It is impossible to generalize something that is inherently case-by-individual case. Therefore, any boilerplate advice or conventional wisdom is bound to omit a key consideration, underweight or overemphasize other considerations, or take too long-term or short-term of a view.
