:is the grass really greener? MASTER CLASS
greener on the other side?
grass really Is the
MOST OF US WORK for 35 to 40 years, and a lot of us change careers several times during our working lives This article is not meant to advise you
on which new career to choose, but how to minimise the impact on your all important cash flow – you probably, like most of us, need the basics: food and shelter, and you have a family to support, maybe a mortgage, and a never ending stream of bills. So the time has come when you are contemplating a career change. The impact can be simple and smooth, or it can mean a horrific drop in income and erode a big chunk out of your hard-earned savings.
WHAT ARE YOU WORTH UNQUALIFIED, UNSKILLED AND INEXPERIENCED? The minimum wage in New Zealand
is about $27,000 pa. If you are earning substantially more than $27,000 it will be because you are qualified and experienced.
If you go into a new career unskilled and unqualified, you are worth $27,000 pa or even less. We are all paid according to what we can do, and we only get paid well if we have good skills and experience.
We can get new qualifications using
on-line learning or taking night classes whilst working our old job, but unfortunately experience cannot be fast tracked or gained overnight.
PREPARE Once you have decided on your new
career, suck every dollar you can out of your old career while you prepare. Let's say you have decided to become a
If retirement is on the horizon for you there are a few important factors to consider before you call it a day
financial adviser, or business manager. There are a number of exams that you can complete online in your spare time while you work and get paid in your old job. It might take you two years to get your new qualification, but that is not so hard if you are keen and getting paid. So after being diligent, with no
disruptions to your cashflow, you can now go looking for a job in your new career. With your new qualification in hand, you may well get a start somewhere at a reasonable income, depending on the work you did before and
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