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Pursuing Meaningful Work
Episode 011 – Career Change Action Plan (Part 2): Finances
Part 2 in a series on making an action plan for your career change. It could be a big mistake if you don’t plan your finances well in your transition to a new career.
No, you don’t have to do it perfectly. But – it’s wise to have a plan in place. Get an emergency fund in place. Put together a monthly budget. Estimate the income gain or loss (in most well-planned cases…it’s a significant gain in income).
It’s not rocket science, but you do need to take action to make a change in career. Getting a financial plan together is a significant part of this.
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