Career Opportunities and Unstable Finances

March 8, 2013 | Jenni Proctor
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Do you want a career change but are hesitant to pursue it due to unstable finances? It’s a fact that older workers are suffering as a result of the global financial crisis, with most of the baby boomer population left with just a few years to make up for what they’ve lost due to the bad economy. It is true, career opportunities for older workers can be scarce these days.

Because of this, many mature workers have learned to settle for the work that they have and have stopped pursing the lifestyle they have always wanted.

Deciding on a career change is of course a difficult one to do but getting stuck in a hopeless job should never be one’s choice. Even with the unstable economy and difficult finances, there are still career opportunities available to us if we know how to find them. A career change can still be the best decision you can make to achieve a better life.

A career change need not be frightening if you are certain of the career direction you are heading towards. You need to understand your strengths and weaknesses as a mature worker so that you can take the right course of action during the transition period.  Take some time to weigh the advantages and disadvantages of pursuing the career you want. Examine your capabilities, skills, values, career background and personal goals (both short-term and long-term).

It is also important to make yourself be known. Networking is a great way to do this. You must be connected to as many people as possible who can point you towards good career opportunities. Mature workers who want to gain access to a different industry can benefit greatly from networking. Arm yourself with a unique and compelling personal brand and join networking activities.

You should be able to explore all career possibilities. Identifying your interests will help you to do this.

While you are working towards your new career direction you should be aware that your finances maybe unstable for some time.  If you are able to make a quick and clean jump from one job to another that is wonderful.  However many people do find that they experience a short period when income is an issue.  If you start a new job it may be one month before you are paid.  Although you know the money is coming, it is common sense to exercise some caution and perhaps watch your spending!

As the saying goes, “the greatest fear is fear itself.” The fear of uncertainty can stop people from pursuing things that matter to them the most. If you want a successful career change, face your fears and learn how you can overcome them. Hire a career coach to help you in expediting the career change process.

Want to know more about how you can enjoy a productive career? Take advantage of Clarity Career Management’s 7 Steps to Personal Career Breakthrough series! Contact us now to enrol!

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Last Modified: March 5, 2013
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