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Insights on money, career and trading

3 Tips For Making A Career Change That Will Earn You More Money

Posted on January 31, 2019 by Daniel at 9:57 pm

Whether you’ve just gotten your first job in your chosen field or you’ve been working for the same organization for years, you may be feeling like that work you’re currently doing just isn’t what you’re meant for. In some instances, the reason you’re feeling this way could be attributed to your finances, be it not paying you enough or not allowing you for the potential growth that you might want or need. In a situation like this, it can be scary to make a career change. But if you know it’s the only way for your ultimate success and happiness, it may be time for you to start taking steps toward a change. So whether you’re contemplating moving into a career in the engineering field or you’re thinking about a job in medicine or law, here are three tips for making a career change that will earn you more money.

Consider A Job Change Versus A Career Change

As was mentioned above, changing your career can be a big and scary decision to make. Because this will likely mean having to get an education about something you’re unfamiliar with and can cause a big upheaval on your life, it’s important that you’re very sure about this decision. So before you start on this path, Dawn Rosenberg McKay, a contributor to The Balance Careers, suggests thinking long and hard about if you need a real career change or just a job change. Changing jobs can be much simpler than changing careers, and can give you the chance to make more money sooner. But if this isn’t a possibility for you, buckle up for your career change.

Make Sure You Find Something You’re Passionate About

For many people, money is just a secondary reason for needing a career change. If there’s been a loss of passion for the work, a career change might seem vital for your mental and emotional health. So to ensure that you don’t wind up losing interest in this new career, Robin Reshwan, a contributor to U.S. News and World Report, advises that you make sure you find something that you’re passionate about. By doing this, you’ll ensure that you’ll at least enjoy the work you’ll be doing now and will have more job satisfaction.

Have A Plan In Place

Once you’ve made the final decision to make a career change and you know what career you want, it’s now time to create a plan for how to make this career change happen and prove to be successful for you. According to Zara Hanawalt, a contributor to TheLadders.com, part of how you’ll reach your final career goal should include how you’ll receive support from your loved ones, as this can be invaluable during the career change process.

If you want a career that will allow you to earn more money than you’re currently making, consider using the tips mentioned above to help you start the journey for a successful career change.

Insights on money, career and trading