Monday 28 January 2019

Originally posted on Facebook - August 17, 2018 - Changing Careers

I started reading this article and the one preceding it and I liked both articles a lot. What the articles do not say are:
Before making the jump learn several practical skills while you have extra money, such as:
Growing several things which you can eat. Learn about long term, medium term and short term with those crops even if you think that you have accumulated enough to jump. They may be your saving grace over the medium to long term.
Consider developing your shopping skills in an economical way:
Learn which stores offer 'Buy one get one at 50% off" for shoes, accessories for shoe care or foot care.
Rethink the "Fund raising events" for "work clothes" over time, as you can experiment with another look while donating some of your gently used items.
Learn how to sell off your extra "good quality" items, such as sheets, towels as early as possible. Start reducing your purchases of these items from now as cash in the bank means less storage space or rental space being used.
Don't underestimate the need for funds. When you think that you have put away enough, check again and see if there is another "Tax Saving Plan or for those who save in US dollars, a seven year or longer term bond" in your portfolio and if you can reinvest the interest earned for another period. The "good life" is expensive and those "other savings" tend to buffer our lives.
Start practicing gratitude as being positive and grateful  helps in the transition.
Before leaving your job or career, consider asking for a reduction in your work hours to keep a job which you like, but to which you may not be able to devote as much as you would like. Also consider assisting in another area of work in the company to develop some additional skills which may assist in your transitioning into another position or company if you like working in "blue chip companies"
Currently I work 3 days a week and due to rainfall, between Monday and today I harvested some cassava which I had forgotten or did not believe was good as yet. I was able to give some away and I was grateful for something else which came in as relatively "free food" which I "had" to eat as I can give away so much and no more. This reduces my need for some cash periodically.

https://www.quickanddirtytips.com/money-finance/saving-spending/changing-career-financially-prepared?fbclid=IwAR2ZlGI-XqmqIDYePC11Eo6fnc22_zbKBVZXpCwkDTIeIn__ry4qqr1iNww

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