employment http://www.wisebread.com/taxonomy/term/3863/all en-US Don't Forget About These 7 Job Hunting Expenses http://www.wisebread.com/dont-forget-about-these-7-job-hunting-expenses <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/dont-forget-about-these-7-job-hunting-expenses" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/man_shaking_hands_492496092.jpg" alt="Man forgetting about job hunting expenses" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>Thinking about changing careers this year? There's a lot that goes into the search, like sending out applications and brushing up on your interview skills. But you might not consider how much it'll cost you.</p> <p>From hiring a professional resume writer to bulking up your work wardrobe and factoring in transportation costs, let's review these tips on how to prepare your money for a job hunt.</p> <h2>1. Hire a Pro to Polish Your Resume</h2> <p>Plenty of HR directors will tell you that if your <a href="http://www.wisebread.com/10-resume-mistakes-that-will-hurt-your-job-search?ref=internal" target="_blank">resume contains errors</a>, if it's lackluster, or if it's just plain boring, it's likely to end up in the circular file. That's a trash can, for the uninitiated. (See also: <a href="http://www.wisebread.com/4-resume-rules-you-should-be-breaking?ref=seealso">4 Resume Rules You Should Be Breaking</a>)</p> <p>To give yourself a fighting chance against all the other qualified candidates, you have to stand out. You can beef up your resume on your own if you know what you're doing (and there are plenty of resources online to help you), but you also may want to consider hiring a professional resume writer whose job it is to keep up on resume trends and provide you with the most up-to-date vitae.</p> <p>A good writer charges anywhere from $150 and up for a revamp of your resume, though I probably wouldn't pay more than $300. Before you begin, however, ask for samples and references. Anybody can put a resume together &mdash; we've all done it for ourselves &mdash; but does the person you're paying get results? Research a solid writer so you don't waste your money. Some other resume-related expenses for which to plan include resume paper and printer ink.</p> <h2>2. Invest in Professional Headshots</h2> <p>Social media has been a bane for job seekers since it took off 10 years ago, and I can almost guarantee that your future employer will look you up on Google and investigate your social media profiles to get a better idea of who you are outside of the interview. As such, don't shoot yourself in the foot before you get in the door by leaving up posts and photos that don't portray you as a reliable person who's looking to advance their career.</p> <p>First, scrub your profiles of any offensive material. You don't have to go through all your photos and delete every picture of you with a drink in it, but, you know, use common sense when deciding whether or not the photo of you hanging halfway out of a taxi window at 2 a.m. is the best representation of you. Second, if there are no photos of you looking professional, get some &mdash; stat!</p> <p>Career coach Devay Campbell recommends investing in a professional headshot for your LinkedIn Profile &mdash; at the very least &mdash; which may have residual effects.</p> <p>&quot;Your future employer will look you up and if your profile is optimized correctly, you may even have profile views from recruiters in organizations that you have not applied to,&quot; she says.</p> <h2>3. Save Up Enough to Cover the Transition Period</h2> <p>Not every job change has you leaving your old workplace on a Friday afternoon and showing up at your new place of employment early Monday morning. There may be a transition period &mdash; especially if you left the old job before you landed a new gig &mdash; and you should prepare for that financially. Give yourself at least a three- to four-week window of savings that you can rely on, Campbell says, so you're not struggling or teetering on the verge of debt.</p> <h2>4. Enhance Your Wardrobe to Show You Mean Business</h2> <p>They say you should dress for the job you want, not the job you have. And that makes perfect sense when you're interviewing for a new position &mdash; because you want that job. Thus, take your frumpy butt over to your favorite store that sells business attire and pick up a few new items. This will likely set you back a few hundred dollars. But it's well worth it to show your future employer that you know what's up as soon as you walk through that door. Looking fresh also will give you more confidence, and that'll show.</p> <h2>5. Factor in Transportation Costs</h2> <p>You'll need to get to your interviews somehow, and that'll raise your fuel bill if you're driving. But depending on where you're applying for new positions, you may have to get there via other methods, like train or plane.</p> <p>When I was looking for jobs in Manhattan a decade ago, I had to foot the bill myself, generally opting to take a bus or train from Baltimore to New York City. If you're being considered for a high-level position, you may get special treatment wherein the potential employer will fly you out, but otherwise you shouldn't count on anybody subsidizing the cost of getting you to that interview.</p> <p>If you are traveling a distance, remember to factor in arrival and departure times. Don't book a ticket in the morning for an afternoon interview. Give yourself more time to get there and relax. Besides, you don't know what could happen along the way in terms of delays, and you'll be disappointed in yourself when you're passed over because you couldn't show up at your scheduled interview time.</p> <h2>6. Will You Need Domestic Help?</h2> <p>Conducting a job search is time-consuming and other parts of your life could suffer if you're not careful. If you have children, you may need to hire a baby sitter or someone to help around the house if you're otherwise occupied. If you're a pet owner, you might need to spring for day care or sitting so your furbaby is well taken care of while you're out doing your thing. Think about the impact your search will have on the other parts of your life and plan accordingly.</p> <h2>7. Do the Math Before Accepting a New Position</h2> <p>For most of us, the goal of changing careers is to be happier at what we do with a higher salary. Hey &mdash; that's America.</p> <p>But before you accept that initial offer &mdash; which you should never do immediately as a general rule; take a day to think about it &mdash; look into what you're losing or gaining by switching things up. Your new employer may have higher-cost health insurance, and it may not provide matching funds to your 401K. If this is the case, you may not be winning financially in the long run, and you'll kick yourself for it eventually. Do your homework and crunch the numbers to ensure that all your needs are met before committing to the change.</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/mikey-rox">Mikey Rox</a> of <a href="http://www.wisebread.com/dont-forget-about-these-7-job-hunting-expenses">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-4"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/15-questions-you-should-always-ask-at-the-end-of-a-job-interview">15 Questions You Should Always Ask at the End of a Job Interview</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/8-warning-signs-youre-going-to-bomb-your-job-interview">8 Warning Signs You&#039;re Going to Bomb Your Job Interview</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-things-never-to-bring-up-in-a-job-interview">5 Things Never to Bring Up in a Job Interview</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/11-financial-moves-to-make-the-moment-you-get-fired">11 Financial Moves to Make the Moment You Get Fired</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/6-ways-to-keep-your-new-job-hunt-secret">6 Ways to Keep Your New Job Hunt Secret</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Job Hunting employment expenses headshots job interviews professional resume transportation unemployment wardrobe Wed, 11 Jan 2017 10:00:15 +0000 Mikey Rox 1864687 at http://www.wisebread.com My 2016 Budget Challenge: Reduce Debt or Save for an Emergency? http://www.wisebread.com/my-2016-budget-challenge-reduce-debt-or-save-for-an-emergency <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/my-2016-budget-challenge-reduce-debt-or-save-for-an-emergency" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/iStock-491311400.jpg" alt="should max reduce her debt or build an emergency fund?" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p><em>[Editor's Note: This is another episode in Max Wong's journey to find an extra $31,000 this year. Read the whole series </em><a href="http://www.wisebread.com/topic/max-wongs-budget-0" target="_blank"><em>here</em></a><em>.]</em></p> <p>Uh oh. Mr. Spendypants' contract is up. We anticipated that he might be out of work in mid-October and have been putting money into an emergency fund all year long for just this occurrence. The situation is not completely dire, as his company has paying work until March 2017. We have a very minor reprieve.</p> <p><em>Very</em> minor.</p> <p>As luck would have it I am also under-employed. I got furloughed this week by not one, but two jobs until a date that has yet to be named in 2017. Ugh. Really? I guess it's not just me who is strapped for cash at the end of the year.</p> <p>The big conversation Mr. Spendypants and I have been having all week is this: Should we continue to put money toward the $31,000 Budget Challenge, or should we put that extra money into our emergency fund in the event that Mr. Spendypants is unemployed come March and I am still under-employed?</p> <h2>The Argument Against Staying the Course</h2> <p>Who knows what impact the new administration will have on the economy? We currently have slightly over $13,000 in our emergency fund, enough to live off of for four months. But what if the job market tanks and we can't find jobs for six months or a year? Putting all our money into the emergency fund is obviously the less risky move.</p> <h2>The Argument for Staying the Course</h2> <p>Mr. Spendypants is really good at his job in video games. He's had his choice of companies to work for in the past. Also, the video game industry is fairly recession-proof because games provide cheap entertainment for the out-of-work masses. We do trust that with his talent and his 20 years of connections in the industry that he has a 90% chance of quickly finding another paying job, perhaps even before his current job ends in March.</p> <p>Naturally, the real financial wildcard in this situation is me, Mr. Spendypants' deadbeat wife. If Mr. Spendypants can't find full-time work quickly, will I be able to get a job that pays me enough to cover 100% of our bills? Probably not.</p> <p>That said, if push came to shove, we could definitely cover the mortgage with my current collection of little jobs. I will just have to freelance that much harder, with no weekends or evenings off. And, even if Mr. Spendypants couldn't find a full-time gig, he could also rustle up some part-time freelance work to cover the rest. The worst case scenario: He goes on unemployment and we have to stop putting money in our retirement fund every month.</p> <p>Also, if we continue to aggressively attack our $31,000 debt instead of putting all the extra money into the emergency fund for the next two months, we're potentially saving money in the long run on interest. Our debt load won't be so bad if we find ourselves in a financial pinch four months from now. It's much easier to weather a financial downturn, be it personal or global, if you have a small nut to cover.</p> <h2>How to Hedge Our Bet</h2> <p>After a lot of discussion and number crunching, we have decided to stay the course and continue to put money toward both the emergency fund and the $31,000 budget challenge.</p> <p>This is the riskier choice. To hedge our bet, we've decided to sell off anything in the house we don't totally love to make some extra money. This is a win-win situation for both of us. I get the hated clutter out of my house, and Mr. Spendypants gets more peace of mind.</p> <p>Initially, Mr. Spendypants wasn't sure that we could make enough money selling used housewares to keep us afloat. Unlike me, he hasn't sold a lot of stuff online. When a copy of Kuon, an old video game that I had listed on eBay for $199, was snapped up in under an hour, he was convinced.</p> <p>Although I would love to systematically go through our house Mari Kondo-style, Mr. Spendypants doesn't want to have to look at a giant stack of merchandise in the middle of the living room. As a compromise, we're going to do a series of mini-purges where we only pull the things that we can sell that week into a common area for sorting and packing. Since I will be the one managing our online inventory and sales, this means a lot more hunting and packing for me, but I'm not going to argue about it. I have been trying to get Mr. Spendypants to downsize since we moved into Dinky Manor eight years ago. If a little financial panic is what it takes for him to get rid of belongings that have gone unused for years, I'll take it.</p> <h2>Progress So Far</h2> <p>I had the death flu for most of October. One of the suckiest things about the gig economy is that there are no sick days for people who work from home. If I don't do work, I don't make any money. Because I was sick in bed through the middle of the month, I only made $324 creating a database for my real estate agent and $199 selling Kuon on eBay. I am now, also, two weeks behind on all my work, which is kind of a nightmare. The only positive thing about getting the flu is that I was too sick to go shopping for anything, even food, so we didn't actually spend any money.</p> <p>While I was suffering at home, Mr. Spendypants was suffering at work. His schedule was so crazy, that his bosses ordered dinners in to incentivize him to work late. Between the long hours and the catered meals, he was too busy to go shopping for anything, even food, so he managed to sock away $1,101 from his paycheck.</p> <p><strong>Goal:</strong> $31,000</p> <p><strong>Amount Raised:</strong> $25,219.17</p> <p><strong>Amount Spent:</strong> $12,853.66</p> <p><strong>Amount Left to Go:</strong> $18,634.49</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/max-wong">Max Wong</a> of <a href="http://www.wisebread.com/my-2016-budget-challenge-reduce-debt-or-save-for-an-emergency">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-6"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/my-2016-budget-challenge-three-lessons-about-saving-one-husband-learned-in-a-year">My 2016 Budget Challenge: Three Lessons About Saving One Husband Learned in a Year</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/my-2016-budget-challenge-does-taking-a-regular-day-job-mean-giving-up">My 2016 Budget Challenge: Does Taking a Regular Day Job Mean Giving Up?</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/my-2016-budget-challenge-what-to-do-with-a-totaled-car">My 2016 Budget Challenge: What to Do With a Totaled Car</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/my-2016-budget-challenge-everything-breaks">My 2016 Budget Challenge: Everything Breaks</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/my-2016-budget-challenge-how-to-turn-your-spouse-into-a-money-saver">My 2016 Budget Challenge: How to Turn Your Spouse Into a Money Saver</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Frugal Living Budgeting budget challenge clutter emergency funds employment freelancing max wongs budget saving money selling online Fri, 23 Dec 2016 10:30:31 +0000 Max Wong 1860472 at http://www.wisebread.com 8 Money-Smart Things I Wish I'd Asked Santa For http://www.wisebread.com/8-money-smart-things-i-wish-id-asked-santa-for <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/8-money-smart-things-i-wish-id-asked-santa-for" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/santa_good_list_-499122032.jpg" alt="Asking Santa for items on Christmas list" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>I spent a couple of decades asking Santa Claus for toys, clothes, and gadgets galore, but I don't have a single thing to show for it &mdash; I mean, besides a basement full of outdated stuff. Instead, I should've begged Ol' Saint Nick for these eight things that would have paid for themselves over and over again &mdash; so I could afford an even bigger basement full of outdated stuff. Take a look:</p> <h2>1. An Impenetrable Credit Score</h2> <p>When I turned 18 and the friendly lady at Discover Card called to ask if I'd like my very own credit card, I enthusiastically said yes. I generally consider that my very first adult mistake. Not that credit cards are bad, but they're the devil in the hands of a financially irresponsible college freshman. Because not only did I max the card out in less than six months, I was unaware that not paying the bill for five years thereafter would result in a disaster of a credit score when I entered the &quot;real world.&quot; If only Santa could have done me a solid by fortifying my credit score &mdash; against myself.</p> <h2>2. Everything Gold</h2> <p>In 2006, I asked Santa Claus for things like seat covers for my vehicle and a new digital camera because that's what materialistic 25-year-olds in major credit card debt ask for. Instead, I should've asked for straight-up gold bars. Heck, I would've been happy with a few flakes &mdash; like this guy who got away with <a href="http://www.nytimes.com/2016/12/04/nyregion/the-one-that-waddled-away-retracing-a-weighty-gold-theft.html">86 pounds of jeweler's &quot;bench sweeps&quot;</a> worth $1.6 million. Because 10 years ago, on Dec. 11, gold was valued at $625.81 per troy ounce. Flash forward a decade and the price has nearly doubled to between $1,100 and $1,200, depending on the day, and that's really just midrange. On Sept. 12, 2011, gold hit its 10-year high of $1,861.49 per troy ounce, which &mdash; if you were feeling lucky that day &mdash; raked in three times its original amount if you unloaded a few bricks.</p> <h2>3. EE Savings Bonds</h2> <p>Hardly anybody gives savings bonds as gifts anymore (well, except maybe your grandma) because what fun is a certificate that you have to hold on to for, like, ever to reap its benefits? But just because they're not as popular as they once were doesn't mean they're not still valuable &mdash; if you got in on them in the 1980s and '90s, that is. EE bonds issued in the 1980s had rates of return of 6% to 9% a year, compared to today's 0.1% annual fixed rate. Mathematically, if you have a $500 bond from June 1983, for instance, it reached full maturity in June 2013, with a value of $1,014.40. Santa, can you hear me?</p> <h2>4. Real Estate in Depressed Markets</h2> <p>Throughout my years living in major cities like Baltimore and NYC, I've heard legendary tales of beautiful row houses and brownstones in economically and socially depressed areas, like Federal Hill in Baltimore and Harlem in New York City, that sold for crazy-low prices like $1. The $1 price is probably a myth, but dilapidated properties have in fact gone for very affordable prices with agreements that buyers reside in their neighborhoods for a specified period of time. I personally know a few people who purchased homes in blighted areas for around $30,000 20 years ago and are now sitting pretty on $2+ million lots.</p> <h2>5. College Tuition</h2> <p>All I needed was a cool $100K, Santa. I would've paid my college tuition and room and board outright so I didn't have to make up for half that amount myself over the next 20 years after graduating. Alas, I'm halfway there, and I've paid two of three notes off, but if you could cut a check for the rest this year, I'd appreciate it.</p> <h2>6. A Trust Fund</h2> <p>My financial woes would be nonexistent if I had asked Santa for a generous trust fund at an early age. Then I'd be just like the rest of my friends who were lucky enough to be related to someone filthy rich &mdash; free of debt with plenty of time to take selfies on a beach and dedicate my life's work to my own liver replacement.</p> <h2>7. Guaranteed Employment</h2> <p>There's nothing more stressful than job hunting, and I'm thankful that I haven't had to do that in a while since I'm self-employed. But self-employment isn't easy, either. I'm responsible for my own income instead of enjoying that twice monthly direct deposit for just showing up at my desk five days a week. Still, even that's on shaky ground if you don't mind your Ps and Qs &mdash; a friend of mine was recently laid off two weeks before Christmas &mdash; so this year I'd like to ask the big guy to make sure everybody can get (or keep) the job they really love for a happy and prosperous 2017.</p> <h2>8. Winning Lottery Numbers</h2> <p>I rarely play the lottery, but I do spend a few bucks when Mega Millions is, like $300 million, because, hey, somebody has to win. If that ever happens, my friends, you'll never hear from me again. Ev-er. Send me those winning numbers, Santa!</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/mikey-rox">Mikey Rox</a> of <a href="http://www.wisebread.com/8-money-smart-things-i-wish-id-asked-santa-for">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-3"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/how-big-of-a-house-do-you-really-need">How Big of a House Do You Really Need?</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/10-places-to-stash-your-money-besides-a-savings-account">10 Places to Stash Your Money Besides a Savings Account</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/why-invest-in-the-stock-market">Why invest in the stock market?</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/my-2016-budget-challenge-reduce-debt-or-save-for-an-emergency">My 2016 Budget Challenge: Reduce Debt or Save for an Emergency?</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-ways-wrath-is-keeping-you-poor">5 Ways Wrath Is Keeping You Poor</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Frugal Living credit score employment gold personal finance real estate santa savings bonds trust funds tuition winning the lottery wishlist Fri, 16 Dec 2016 11:00:09 +0000 Mikey Rox 1853793 at http://www.wisebread.com 7 Financial Reasons 2016 Needs to Be Over ASAP http://www.wisebread.com/7-financial-reasons-2016-needs-to-be-over-asap <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/7-financial-reasons-2016-needs-to-be-over-asap" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/2016_money_78468345.jpg" alt="Why 2016 needs to be over ASAP" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>The year is winding down, and for many of us, it can't end soon enough. From a financial standpoint, 2016 was a mixed bag, at best. Of course, there's no guarantee that next year will be markedly better. But here are a bunch of financial reasons why we're ready to put up a new calendar.</p> <h2>1. Poor Economic Growth</h2> <p>For most of the time after World War II, Americans could count on a growing economy, usually to the tune of at least 3%, and often significantly higher. These days, the gross domestic product (GDP) of the United States is stuck on a slower growth path. While the economy did have a good third quarter, it's likely that growth for the year will be under 3% because of a dismal first half of the year. It's better than being in a recession, but this slower growth could have big implications on incomes, investment returns, and Americans' overall quality of life over time.</p> <h2>2. Mediocre Investment Returns</h2> <p>So far in 2016, the S&amp;P 500 has increased in value by a little over 7%. That's not bad, but many investors were hoping for a bigger jump after an increase of less than 2% in 2015. In the post World War II period, there have been only about a dozen instances when investment returns didn't average at least 5% annually over a two-year period. This will be the eighth consecutive year of positive market returns, and that's a good thing. But the last couple of years have fallen into the &quot;good, not great&quot; category, and that may force a lot of people to adjust their overall retirement projections downward.</p> <h2>3. Fewer People Working</h2> <p>America's unemployment rate is 4.9%, and that's historically quite low. So good news, right? Well, any excitement over that number is tempered by the fact that overall participation in the labor force is at one of its lowest points in the last 50 years. About 63 million people are considered part of the civilian workforce, but that's down from 67 million 15 years ago. The unemployment rate does not consider people who have voluntarily left the workforce or have been out of work for a very long time.</p> <p>There are a variety of reasons why fewer Americans are working, and not all of them are bad. An aging population means more people are retiring. More people are pursuing advanced education. The Affordable Care Act has made it easier for some people to get health insurance without the need to get it through an employer. People who choose to be out of the workforce for too long may lose skills that will make them more employable later. And a declining workforce also has a negative impact on household incomes, consumer spending, and, ultimately, economic growth.</p> <h2>4. Paltry Interest Returns</h2> <p>We've been in an ultralow interest environment for years now. Many of us have benefitted from the low cost of borrowing, but this also means that our savings accounts aren't generating much return. This is bad for anyone starting out saving and for older retirees who rely on interest income. It's also generally a sign from the Federal Reserve that the economy still needs some propping up. Low interest rates can be helpful to us in some respects, but most economists yearn for a time when rates weren't hovering near zero.</p> <h2>5. Flat Wages</h2> <p>Did you get a raise in 2016? If not, you're probably not alone. Real wage growth has been basically flat for years, and this year has been no exception. The U.S. Department of Labor reports that real average weekly earnings rose just 1% in September compared to the same month a year ago. The average worker earns just 11 cents per hour more than this same time last year, when you factor in inflation. This stubborn wage stagnation has a negative impact on the middle class, especially when you consider things like the rising cost of education. Will 2017 be better?</p> <h2>6. Brexit Reax</h2> <p>The world pretty much freaked out over the summer when people in the United Kingdom voted to have their country leave the European Union. It was a result that many believed could not happen, and sent stock markets around the globe tumbling. The British Pound lost a good chunk of its value, and overall uncertainty of what happens next has led to a drag on the economy and England and Europe as a whole.</p> <h2>7. Fumbling Phone Makers</h2> <p>In recent years, companies that make smartphones and other digital devices have been huge drivers of the stock market and the economy. Apple and Samsung certainly come to mind. But in 2016, it was a lot of bad news and disappointment.</p> <p>Samsung was forced to recall and stop production on its Galaxy Note 7, after reports that the phones were catching fire. This news virtually wiped out all of the company's profits for the third quarter of 2016.</p> <p>Meanwhile, Samsung's top competitor, Apple, hasn't exactly taken advantage. The company sold 45 million of its popular iPhone in the most recent quarter, compared to 48 million in the same period last year. And reviews of the newest iPhone 7 have been tepid. Shares of the company are up about 8% this year, which is solid growth but less than what we've come to expect from the tech behemoth. There is hope for 2017, however, as Apple says it will spend a whopping $16 billion on capital expenditures next year.</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/tim-lemke">Tim Lemke</a> of <a href="http://www.wisebread.com/7-financial-reasons-2016-needs-to-be-over-asap">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-2"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/13-money-goals-you-can-still-reach-by-2017">13 Money Goals You Can Still Reach by 2017</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/heres-how-the-election-could-impact-your-wallet">Here&#039;s How the Election Could Impact Your Wallet</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/8-good-reasons-to-become-a-contractor">8 Good Reasons to Become a Contractor</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/8-money-moments-that-should-be-on-everyones-bucket-list">8 Money Moments That Should Be On Everyone&#039;s Bucket List</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/self-sufficiency-self-reliance-and-freedom">Self-sufficiency, self-reliance, and freedom</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Personal Finance 2016 2017 Economy employment finances jobs New Year news stock market wages Tue, 08 Nov 2016 09:00:09 +0000 Tim Lemke 1828890 at http://www.wisebread.com My 2016 Budget Challenge: Does Taking a Regular Day Job Mean Giving Up? http://www.wisebread.com/my-2016-budget-challenge-does-taking-a-regular-day-job-mean-giving-up <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/my-2016-budget-challenge-does-taking-a-regular-day-job-mean-giving-up" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/woman_job_search_9131941.jpg" alt="Woman wondering if taking a day job is giving up" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p><em>[Editor's Note: This is another episode in Max Wong's journey to find an extra $31,000 this year. Read the whole series </em><a href="http://www.wisebread.com/topic/max-wongs-budget-0" target="_blank"><em>here</em></a><em>.]</em></p> <p>Although most people hate their boring job, there is something to be said for mindless labor &mdash; at the end of the workday, you can leave the job at the office. I am currently looking for a regular, turnkey job, and money is not even the first reason why.</p> <h2>I Am Tired of Thinking</h2> <p>I know. This seems like a stupid thing that only a stupid person would say. But I am really tired at the end of every day. Like, my brain is worn out. And, when I wake up in the morning, I don't feel mentally refreshed. In fact, my first thought upon waking is a rundown on that day's To Do list, which is basically the list of what I didn't finish the day before.</p> <p>Other than having no benefits like health care or a 401K, the biggest drag about my current battalion of creative, freelance jobs is that I have to do 100% of the brainwork. I have to write the stories for Wise Bread. I have to organize the photo shoot. I have to make the jam. If I worked a standard service job, I would have time between customers for reflection or even daydreaming. With my current work, I have no time to work through complex problems or innovate. My creative jobs are actually preventing me from being creative.</p> <p>Yes. This is a first world problem. Most definitely.</p> <h2>Getting Paid by the Gig Is Actually a Problem</h2> <p>I love beekeeping because bees are endlessly fascinating. There is rarely a day that goes by that I don't learn something new about bees or how to keep them. Unfortunately, bees wait for nobody. I have pretty much given up trying to schedule around beekeeping jobs. Also, depending on the size and the grumpiness of the hive, the simplest beekeeping tasks can take five minutes or five hours. While the master beekeeper I assist tells me that I will get better at assessing the work flow as I level-up as a beekeeper, right now I get paid the same for swarm capture jobs whether I get stung once or 20 times.</p> <p>The days that I get stung 20 times are the days I wish I had a salary.</p> <h2>My Random Payment Schedule Is Annoying</h2> <p>I spend all day harvesting lemons and making marmalade on the assumption that I will be able to sell it. While my profit estimates are usually accurate, the schedule of payment never is. Sometime I sell out of jam in 48 hours and sometimes it takes months for me to sell 100 jars. I know that I will make $4,000 in profit if I sell my entire summer harvest of honey, but I might not make the brunt of those sales until Christmas rolls around. Meanwhile, I still need $423 by next week as the minimum payment on my bank loan.</p> <p>Okay, thanks for letting me get all that whining off my chest.</p> <h2>Hooray! Three Job Offers</h2> <p>I had the most peculiar Monday. I got three job offers in one day.</p> <p>I woke up to the first job offer. A tech startup wants to hire me to write content for their blog. It's an intriguing company &mdash; working in affiliate marketing &mdash; a white-hot space right now. Creatively I said yes, but financially, I said no. The company isn't funded, and I currently can't afford to take a spec job for someone else. If I am going to work for free, it has to be for me.</p> <p>I am sure I am walking away from a million dollar opportunity.</p> <p>The second job came through a knitting buddy who has created a probiotic cookie that Los Angeles foodies are going crazy over. She's never run a company and needs someone to be her factory manager. Although I have experience working as a private cook, I don't have the mass production experience she needs to make the jump to the big leagues. With my family's restaurant background, I feel like I could probably figure out what she needs to do to get her product into Whole Foods. Even though a salaried job is so tempting, I know that running any kind of food-based company is a 24-hour job that will take over my life and brain. I don't take her up on the job, but I do take her up on the offer of free cookies. I need probiotics. And cookies.</p> <p>I am sure I am walking away from a million dollar opportunity.</p> <p>The third job came from my sister who is an illustrator. The company she works for is short on freelance inkers. Since I have never worked as an inker, I am naturally worried that I will fail spectacularly at the job and bring shame upon my entire family.</p> <p>Here's her assessment of my skills: &quot;I think you're going to get this. Your obsessive tendencies and perfectionism&hellip;well, you are like a meth user without the meth. Those are the makings of a good freelance inker. How fast can you learn Adobe Illustrator?&quot;</p> <p>That's comforting, I think.</p> <p>My sister hadn't considered me for the job before because she thought I would get bored with the assembly line aspect of the work. But then she discovered that her boyfriend's brother just made $50,000 in two months working as a freelance inker. Granted her boyfriend's brother is like a cyborg with a stylus and is super fast on Adobe Illustrator, but if that guy could make $25,000 in a month, I could at least manage that amount of work by the end of the year. This is my sister's plan to help me make my $31,000 budget challenge.</p> <p>What makes me think this is the dream-come-true, turnkey job isn't even the pay, it's my sister's description of the work: &quot;It's mindless, but never boring. It's relaxing, like coloring.&quot;</p> <p>It's times like this that I could kiss my fine arts degrees. And my sister.</p> <h2>Progress So Far</h2> <p>My husband managed to save $600 from his last paycheck. I made $410 from writing gigs and $15 running an errand for a neighbor. While we didn't earn much this pay period, we managed to spend $0 in the last two weeks because we were both submerged in work.</p> <p><strong>Goal:</strong> $31,000</p> <p><strong>Amount Raised:</strong> $19,905.84</p> <p><strong>Amount Spent:</strong> $10,653.66</p> <p><strong>Amount Left to Go:</strong> $21,747.82</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/max-wong">Max Wong</a> of <a href="http://www.wisebread.com/my-2016-budget-challenge-does-taking-a-regular-day-job-mean-giving-up">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-2"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/my-2016-budget-challenge-reduce-debt-or-save-for-an-emergency">My 2016 Budget Challenge: Reduce Debt or Save for an Emergency?</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/my-2016-budget-challenge-where-to-find-cheap-training-for-a-new-career">My 2016 Budget Challenge: Where to Find Cheap Training for a New Career</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/my-2016-budget-challenge-three-lessons-about-saving-one-husband-learned-in-a-year">My 2016 Budget Challenge: Three Lessons About Saving One Husband Learned in a Year</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/my-2016-budget-challenge-how-to-buy-a-house-when-you-live-paycheck-to-paycheck">My 2016 Budget Challenge: How to Buy a House When You Live Paycheck to Paycheck</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/my-2016-budget-challenge-what-to-do-with-a-totaled-car">My 2016 Budget Challenge: What to Do With a Totaled Car</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Frugal Living Career and Income budget challenge employment entrepreneurs freelancing job search max wongs budget new jobs Fri, 24 Jun 2016 10:00:05 +0000 Max Wong 1737543 at http://www.wisebread.com 11 Financial Moves to Make the Moment You Get Fired http://www.wisebread.com/11-financial-moves-to-make-the-moment-you-get-fired <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/11-financial-moves-to-make-the-moment-you-get-fired" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/iStock_000077659843_Large.jpg" alt="she needs to make these money moves after getting fired" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>Just about everyone goes through a job loss at some point in their lives. Hopefully, any job loss you endure will only result in a short time out of work, and minimal financial hardship. But even if you expect your time between jobs to be short, there are a number of things you should do right away to ensure you can make it through a stretch of time with no income.</p> <p>As someone who endured two layoffs in the past, I can tell you that these steps will help keep you afloat until you <a href="http://www.wisebread.com/10-money-moves-to-make-after-a-promotion">land a new position</a>.</p> <h2>1. Determine if You Are Eligible for Severance and Vacation Pay</h2> <p>If you've been let go from a job, employers will often provide severance pay based on the length of time you worked there. You may also be paid for any unused vacation time. The company should explain your eligibility for these funds upon your termination, but if not, make a point to check with the human resources department. In some cases, you may have to engage an attorney to fight for what you believe you are owed.</p> <p>Companies generally aren't required to offer severance at all, but there are instances when you may feel you are due money for uncompensated overtime or other reasons. Just keep in mind that benefits may vary depending on if you were fired for cause or laid off through no fault of your own.</p> <h2>2. Assess Your Emergency Fund</h2> <p>Now is the time when your savings will come in handy. If you've followed the advice of many personal finance experts, you have at least three months of expenses available in liquid savings. But now is the time to assess precisely how much you have and what your expenses actually are. With proper savings and cuts to your spending, you should hopefully be able to pay your bills until you get back to work.</p> <h2>3. Reduce Unnecessary Expenses</h2> <p>You may <em>think</em> you're living frugally, but now is the time to really strip life down to the bare essentials. Your expenses should really come down to your rent or mortgage, utilities, and a modest food budget. (Keep the Internet and cell phone services, as you may need them for your job search.) But that cable TV subscription? Kill it. Gym membership? Suspend it. Avoid going out to eat, or shopping at high-end grocers. And turn down the thermostat a couple of degrees. Every penny you save now is money that will help get you through to the next job.</p> <h2>4. Assess Your Health Insurance Situation</h2> <p>If you received health insurance through your employer, your benefits may no longer be accessible to you. It's likely that you are eligible for COBRA benefits, which provide discounted coverage between when your benefits run out and when new benefits kick in. After a job loss, you usually have 60 days to apply for COBRA benefits, and they last between 18 and 36 months, depending on your situation. At this time, it's also worth exploring insurance options available under the Affordable Care Act at HealthCare.gov.</p> <h2>5. Apply for Unemployment Benefits (But Don't Necessarily Claim Them Right Away)</h2> <p>If you've lost your job, there's a good chance you'll be eligible for compensation from unemployment insurance. In most states, unemployed people are entitled to up to 26 weeks of benefits that are a portion of their previous salary. Note that earnings from part-time or freelance work can be deducted from unemployment benefits. You don't necessarily have to claim unemployment benefits right away if you still have some money coming in, but it's still important to research options and get your name into the system immediately after a job loss.</p> <h2>6. Accept Outplacement Service if It Is Offered</h2> <p>You may feel like you can do a job search by yourself, but if your former employer is connecting you with assistance for free, take it. Outplacement professionals can help you update your resumé, assess your skills to see what jobs might be right for you, and even help you with interviews and salary negotiations.</p> <h2>7. Update Your Resumé and LinkedIn Profile</h2> <p>Hopefully, these are things you've kept more or less up-to-date anyway, but if you haven't looked at them in a while, give them some attention now. You don't have to necessarily reveal that you are between jobs, but it's important to have up-to-date information on your skills and accomplishments. Be sure to make several resumés based on the different types of jobs you may be pursuing. (See also: <a href="http://www.wisebread.com/30-minutes-to-a-linkedin-profile-that-gets-you-hired?ref=seealso">30 Minutes to a LinkedIn Profile That Gets You Hired</a>)</p> <h2>8. Collect All Your Retirement Account Information</h2> <p>If you've lost your job, you're no longer going to be able to contribute to your company's 401K, or other similar retirement plan. You don't necessarily have to do anything with the account right away, but eventually, you may want to roll your old 401K into another 401K or IRA.</p> <p>In the immediate term, make sure you save the login and password information to the account, as well as any relevant paperwork. It will also be important to check your account balance to see how much of your matched contributions were &quot;vested.&quot; If you leave a company after a short amount of time, it's possible that the company can reclaim some matching contributions.</p> <h2>9. Adjust Your Auto Insurance Premium</h2> <p>What you pay for auto insurance is often partially based on how much you drive. If you are no longer commuting to work, you may be able to reduce your premium slightly by arguing that you're driving less. Your rate is especially likely to go down if you're no longer driving and parking in a dense, urban area.</p> <h2>10. Take a Breather</h2> <p>It's okay to take some time off before doing any hardcore thinking about your next career move. While you don't waste a lot of time in getting back to work, it's important to make decisions with a clear head. Do you want to remain in the same field? Do you want to start your own business? Do you even need to go back to work full-time? There is a lot to think about, so take some time. This is as much a financial move as one for your mental health, because the last thing you want to do is rush into a job that you're not suited for and find yourself back in the unemployment line again.</p> <h2>11. Reallocate Some Investments for Income</h2> <p>If you have some investments in a non-retirement account, it's worth examining whether you can adjust them to produce some income. It's not necessarily a good idea to immediately sell a large quantity of stocks or mutual funds, especially if they are for long-term savings. You certainly don't want to do anything rash. But perhaps a portion of your portfolio could shift to bonds or dividend stocks that will help bring you some extra cash.</p> <p><em>What other money moves should you make after getting fired? Share with us in the comments!</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/tim-lemke">Tim Lemke</a> of <a href="http://www.wisebread.com/11-financial-moves-to-make-the-moment-you-get-fired">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-1"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-first-5-things-you-must-do-after-getting-laid-off">The First 5 Things You Must Do After Getting Laid Off</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/whats-an-employee-to-do-part-1">What&#039;s an employee to do? Part 1</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/7-signs-youre-working-for-an-impossible-boss">7 Signs You&#039;re Working for an Impossible Boss</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/dont-forget-about-these-7-job-hunting-expenses">Don&#039;t Forget About These 7 Job Hunting Expenses</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/why-you-need-a-plain-text-resume-to-apply-for-jobs-online">Why You Need a Plain Text Resume to Apply for Jobs Online</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Career and Income Budgeting employment fired getting fired job loss jobs layoffs money moves resume unemployment Tue, 08 Mar 2016 10:00:05 +0000 Tim Lemke 1667924 at http://www.wisebread.com 7 Career Tips You Wish You Could Give Your Younger Self http://www.wisebread.com/7-career-tips-you-wish-you-could-give-your-younger-self <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/7-career-tips-you-wish-you-could-give-your-younger-self" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/iStock_000071991467_Large.jpg" alt="thinking about career tips she wish she could give her younger self" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>Imagine if you could go back in time and have a heart-to-heart with your 22-year-old self. What career advice would you give? What behaviors and habits would you thoroughly encourage? What fears would you try to put to rest?</p> <p>Granted, I don't know what the condition of your professional path has been, but if you're like most of us, there have been a few ups and downs along the way &mdash; as they're nearly impossible to avoid. With the lessons you've learned tucked securely in your back pocket, let's rewind the clock. Here are seven career tips your younger self needs to know.</p> <h2>1. Understand That Your Career Will Evolve</h2> <p>Very rarely is a person's career the product of a single epic choice. Building a career is a process of trying new things, responding to new markets and new technologies, making incremental moves, and listening to our changing interests. Don't stress out if you don't know at 22 what you want to do with the rest of your life.</p> <h2>2. &hellip;But Be Active in the Process</h2> <p>Not being sure what you want to do professionally is very different than not caring. The key is to begin <em>something</em>. Be conscious, be curious, and be active in the process of growing your skills. If a job isn't a good fit, figure out why before you move on. Use what you learn and then develop a strategy that keeps you constantly moving toward your goal &mdash; even if that means making a lateral move from time-to-time.</p> <h2>3. Start Saving Immediately</h2> <p>I'm writing this as I stare into the gaping maw of 50. And while life is great, I'm still trying to figure out how the last 25 years flew by so quickly. Start saving something &mdash; anything &mdash; with your very first paycheck and make structured saving a habit you never abandon. Compounding interest is a force worthy of your undying respect &mdash; learn about it; love it; live it. If you're not sure how to begin saving, some <a href="http://www.wisebread.com/5-microsaving-tools-to-help-you-start-saving-now">simple microsaving tools</a> can help you get started now.</p> <h2>4. Job-Hop Carefully</h2> <p>Make sure you're not job-hopping just for the sake of variety. There's real value in building experience, history, and a reputation within a company. If you're unhappy in a job, explore opportunities in another department or work toward a promotion. If moving on is the only answer, be clear about your goals, gather as much information as possible, and know exactly how the move will benefit you.</p> <h2>5. Don't Waste Time in a Job You Hate</h2> <p>There are countless benefits of youth, and having time to recover from our mistakes is a big one. If you have the luxury of choice, don't stay in a job that isn't (and won't ever be) a good fit. Dragging yourself to a <a href="http://www.wisebread.com/6-ways-that-job-you-hate-keeps-you-poor">job you hate keeps you poor</a>, trains you to be unmotivated, and wastes your time and talent. Though no job is a carnival ride every day, search for what inspires you. Find work that speaks to part of your soul.</p> <h2>6. Don't Burn Bridges</h2> <p>Who hasn't dreamt of killing the copier, finally telling off the boss, and speeding away in a cloud of righteous exhaust fumes? Dramatic endings might make great cinema, but burning bridges is a terrible career strategy. However much you think your employer may deserve it, avoid leaving things on a bad note. Give two weeks' notice, express gratitude, and move on. You may need that bridge again someday. (See also: <a href="http://www.wisebread.com/10-ways-to-repair-a-burned-bridge?ref=seealso">10 Ways to Repair a Burned Bridge</a>)</p> <h2>7. Explore the Unconventional</h2> <p>I worked for large corporations until the recession of 2008 gave me space and time enough to reflect on a few career assumptions I'd made. The financial crisis proved to be just the motivator I needed to reinvent how I made a living &mdash; I only wish I'd made the leap sooner. My point is, don't be afraid to explore unconventional career paths while you're young. Find your professional niche and, if possible, gradually build your living around it. There are few things sweeter than thriving in a career you built from scratch.</p> <p><em>What career advice would you give a new nine-to-fiver? What lessons were the hardest for you to learn? Share with us in the comments below.</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/kentin-waits">Kentin Waits</a> of <a href="http://www.wisebread.com/7-career-tips-you-wish-you-could-give-your-younger-self">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-2"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/9-things-that-really-annoy-hiring-managers">9 Things That Really Annoy Hiring Managers</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/12-questions-to-ask-before-you-take-a-job-offer">12 Questions to Ask Before You Take a Job Offer</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/9-ways-to-job-hunt-without-getting-caught">9 Ways to Job Hunt Without Getting Caught</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/6-pearls-of-career-wisdom-from-brian-tracy">6 Pearls of Career Wisdom From Brian Tracy</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/6-things-you-must-do-after-the-interview-to-land-the-job">6 Things You Must Do After the Interview to Land the Job</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Career and Income career tips employment Job Interview job search younger self Wed, 27 Jan 2016 18:00:06 +0000 Kentin Waits 1645871 at http://www.wisebread.com 5 Low Key Jobs for People Who Hate Stress http://www.wisebread.com/5-low-key-jobs-for-people-who-hate-stress <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/5-low-key-jobs-for-people-who-hate-stress" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/girl_video_games_000044435178.jpg" alt="Woman having low key career because she hates stress" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>We all know people who really seem to thrive in high-profile, high-stress stress occupations. They're the ones who voluntarily come in early and stay late, those who don't ever stop talking about work, and the people who seem to eat, sleep, and live for their jobs.</p> <p>And then there are the rest of us.</p> <p>I don't know about you, but I don't love to work. When I have to do so because I need the money, I try to find jobs that are cool in some way and don't leave me all stressed out at the end of the day. Sound like you? Here are five <a href="http://www.wisebread.com/15-productive-ways-to-reduce-stress">low-key jobs</a> that pay the bills, and probably won't leave you a ball of nerves at the end of your shift.</p> <p>A note to remember: While these jobs are often fairly low-key, they too, like any other job, demand a strong work ethic and your ability to handle stressful situations should they arise.&nbsp;</p> <h2>1. Teach English Abroad</h2> <p>In many countries, but especially in China, there aren't terribly high standards for someone who wants to <a href="http://www.internationalteflacademy.com/china-english-teaching-jobs-abroad-asia">teach English</a>. Sometimes the only requirement is to be born and/or educated in an English-speaking country. As long as you have a good reputation, you can often choose your clients and your hours (so sleep in every day &mdash; why not?), and you can make enough to live a a pretty decent lifestyle.</p> <h2>2. Become a Security Guard</h2> <p>If you can land the right gig, being a <a href="http://study.com/articles/Security_Guard_Requirements_for_a_Career_as_a_Security_Professional.html">security guard</a> can be fun while not requiring a ton of energy, especially if you're guarding a posh country club or a gated neighborhood. You might get to sit in a guard shack monitoring camera feeds, walk through areas looking for people acting inappropriately, or drive around a neighborhood periodically. While there <em>is</em> a lot of training involved to teach you how to react in certain dangerous situations, luckily it's pretty rare &mdash; and you can get the police involved if need be.</p> <h2>3. Be a Professional Foreigner</h2> <p>In some countries, having white skin bestows status, all on its own. This means that &mdash; believe it or not &mdash; some companies will <a href="http://www.theatlantic.com/magazine/archive/2010/07/rent-a-white-guy/308119/">recruit white people</a> to dress in a suit and represent them at formal functions, even if that person doesn't actually hold any official job in the company. You might have to give speeches, buy official clothes, attend parties, or hold a meet-and-greet. But you can make $1000 a week, just for standing around and looking like yourself.</p> <h2>4. Video Game Tester</h2> <p>Love to play video games? It's good for you, then, that &quot;<a href="http://www.businessinsider.com/what-its-like-to-be-a-video-game-tester-2015-6">video game tester</a>&quot; is a job that actually exists. Your salary will probably start low &mdash; between $10 and $18 per hour &mdash; but since you won't have to buy work clothes or eat out, your expenses will also be low. And, after six years or so, you could make over $70,000 annually. For someone who has gamed all their life, it could be the best career you've ever had. Just keep in mind that when it's &quot;crunch time,&quot; it can require a lot more of your time and energy.</p> <h2>5. Power Plant Operator</h2> <p><a href="http://www.bls.gov/ooh/production/power-plant-operators-distributors-and-dispatchers.htm">Operating a power plant</a>, especially for the government and if you're willing to work the night shift, often means a 12-hour shift with as few as two hours spent actually working. And you can make up to six figures with a few years of experience, simply because you have the right knowledge and you are there in case something gets out of whack. (Which, on second thought, may be a pretty stressful day!)</p> <p><em>Do you have a job that is both cool and not a lot of work? What do you do and how did you get into it?</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/sarah-winfrey">Sarah Winfrey</a> of <a href="http://www.wisebread.com/5-low-key-jobs-for-people-who-hate-stress">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-3"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/how-to-answer-23-of-the-most-common-interview-questions">How to Answer 23 of the Most Common Interview Questions</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/10-depressing-jobs-that-arent-worth-the-money">10 Depressing Jobs That Aren&#039;t Worth the Money</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/dont-forget-about-these-7-job-hunting-expenses">Don&#039;t Forget About These 7 Job Hunting Expenses</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/18-cool-jobs-for-fashion-lovers">18 Cool Jobs for Fashion Lovers</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/9-dream-jobs-youre-never-too-old-to-pursue">9 Dream Jobs You&#039;re Never Too Old to Pursue</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Job Hunting career easy work employment hate working lazy Tue, 10 Nov 2015 09:15:14 +0000 Sarah Winfrey 1608487 at http://www.wisebread.com 3 Reasons the Fed Is Keeping Rates Low (And What It Means for You) http://www.wisebread.com/3-reasons-the-fed-is-keeping-rates-low-and-what-it-means-for-you <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/3-reasons-the-fed-is-keeping-rates-low-and-what-it-means-for-you" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/cash_wad_000075381955.jpg" alt="Learning why the Fed is still keeping rates low " title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>The Federal Reserve has been keeping the benchmark short-term interest rate at record lows since the financial crisis in 2008. The near-zero rates are about to bust, economists say, but not until the economy shows certain signs of recovery that are so far yet-to-be-seen. Read on for our roundup of reasons why the first interest rate hike in nine years is yet to come &mdash; and what it means for you.</p> <h2>1. We Still Need the Stimulus</h2> <p>The Fed was so confident in the nation's job gains and overall economic growth at the start of 2015, that Fed Chair Janet Yellen's <a href="http://www.cnbc.com/2015/07/10/fed-chair-janet-yellen-interest-rate-hike-to-come-later-this-year.html">eagerness to raise interest rates</a> was almost palpable. But the state of the U.S. economy has since gone stagnant. While the Fed still envisions sizable growth in the near future &mdash; the kind that could spawn higher rates &mdash; the results just aren't coming in yet. The economy still needs the amount of stimulus the central bank is providing.</p> <p>For folks on Main Street, that stimulus is important. Cheaper borrowing means consumers can spend more easily, even when times are tough. For businesses, it means conditions are ripe to expand and hire new workers. But when rates finally do begin to rise, borrowing will become more expensive, which in some cases could limit job growth.</p> <p>&quot;Based on my outlook, I expect that it will be appropriate at some point later this year to take the first step to raise the federal funds rate and thus begin normalizing monetary policy,&quot; Yellen said in July. &quot;I want to emphasize that the course of the economy and inflation remains highly uncertain, and unanticipated developments could delay or accelerate this first step.&quot;</p> <h2>2. Full Employment Remains Elusive</h2> <p>We're inching closer to full employment, but we're not quite there yet. What the Fed is waiting for, generally speaking, is for the unemployment rate to drop below 5%. Right now it's hovering about a tenth of a percentage point above that. When it drops, the labor market will strengthen, which will lead to price increases and wage growth. Those factors, and others, will eventually push inflation higher, creating <a href="http://www.wsj.com/video/feds-dudley-discusses-jobless-rate-and-full-employment/58AC9E47-16E1-4BFD-BAEA-D3B0EB02E012.html?utm_source=feedburner&amp;utm_medium=feed&amp;utm_campaign=Feed%3A+wsj%2Fvideo%2Fnews+(WSJ.com+Video+-+News)">prime conditions for a rate increase</a>.</p> <p>Full employment is achieved when all eligible workers who want to find a job are able to do so.</p> <p>&quot;Key measures of hourly labor compensation rose at an annual rate of only around 2% through most of the recovery,&quot; Yellen said. &quot;More recently, however, some tentative hints of a pickup in the pace of wage gains may indicate that the objective of full employment is coming closer into view.&quot;</p> <h2>3. Domestic Spending Is Dropping</h2> <p>Domestic spending is the lifeblood of the U.S. economy, especially now as the nation moves toward recovery. But right now <a href="http://money.cnn.com/2014/01/27/news/economy/spending-obama/">domestic spending is dropping</a>, and that weighs heavily on economic growth. Low domestic spending can be good because it helps cut the deficit. But it also means that everyday Americans can easily feel the pinch. Transportation subsidies, funding for Head Start, and money for national parks are examples of some of the first things to drop. All told, spending on domestic programs has been on the decline since 2010, and is on track to reach the lowest level in more than 50 years by 2023.</p> <p>The deficit hit a high point in 2009 at nearly 10% of the overall size of the economy. It has been in decline every year since. When the deficit does start to rise again, however, it will be due in part to the expected rise in interest rates.</p> <p><em>What are you doing to take advantage of historic low interest rates?</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/brittany-lyte">Brittany Lyte</a> of <a href="http://www.wisebread.com/3-reasons-the-fed-is-keeping-rates-low-and-what-it-means-for-you">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-4"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/15-personal-finance-calculators-everyone-should-use">15 Personal Finance Calculators Everyone Should Use</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/4-surprising-things-lenders-check-besides-your-credit-score">4 Surprising Things Lenders Check Besides Your Credit Score</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-fed-raised-rates-then-something-weird-happened">The Fed Raised Rates — Then Something Weird Happened</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/7-ways-to-pick-the-bank-thats-right-for-you">7 Ways to Pick the Bank That&#039;s Right for You</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-sales-strategies-your-bank-uses-to-make-money">5 Sales Strategies Your Bank Uses to Make Money</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Banking Economy employment federal reserve interest rates loans low rates stimulus Tue, 20 Oct 2015 17:17:01 +0000 Brittany Lyte 1591946 at http://www.wisebread.com The 7 Best Employers for Single Parents http://www.wisebread.com/the-7-best-employers-for-single-parents <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/the-7-best-employers-for-single-parents" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/father_and_daughter_000050667160.jpg" alt="Man finding best companies for single parents" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>Building a career is challenging enough. If you're a single parent? You're working even harder. It's no easy task to manage that work-life balance. How do you give both your children and your career the attention they deserve?</p> <p>You can start by working at a company that actually respects the concept of a <a href="http://www.wisebread.com/small-business/7-steps-to-work-life-balance-when-working-from-home">work-life balance</a>. And if you're a single parent, it helps to work for a company that allows employees to work at least part-time from home, provides flexible scheduling, and offers on-site daycare.</p> <p>Fortunately, there are companies like this. Here is a list &mdash; in no particular order and compiled from some of the most respected work-life rankings available &mdash; of the companies that single parents should target.</p> <h2>1. IBM</h2> <p>This venerable tech company based in Armonk, New York, has been featured on Working Mother Magazine's &quot;100 Best Companies&quot; list for all 30 years that the magazine has run this feature. The company's work-life benefits &mdash; key for single parents &mdash; are a big reason.</p> <p>IBM offers parents subsidized daycare options and provides a 529 plan that parents can tap to save money for their children's college educations. IBM also offers financial counseling and college coaching to its employees, something that can help single parents trying to juggle budgeting, raising children, and furthering their education.</p> <h2>2. General Mills</h2> <p>The food-manufacturer based in Minneapolis is also a mainstay of Working Mother Magazine's list. According to the magazine's 2015 list, General Mills offers job-sharing, telecommuting, and flexible schedules to its employees. This is important to single parents hoping to work around at least some of their children's extracurricular activities or who want to drop their children off at school each morning.</p> <p>Not all employees take advantage of these flexible working hours. But Working Mother Magazine reported in its 2015 list that 63% of employees do rely on flexible scheduling and telecommuting at least some of the time.</p> <p>New parents at General Mills are given the choice to reduce their working hours for up to eight weeks as they return to work after maternity or paternity leave.</p> <h2>3. Colgate-Palmolive</h2> <p>In 2015, Forbes worked with employment site <a href="http://www.indeed.com/">Indeed</a> to create a list of the 25 best companies for work-life balance. New York City-based Colgate-Palmolive, famous for its toothpaste and dish soaps, topped the list. Benefits that appeal to single parents are a major reason why.</p> <p>The company offers tuition assistance to parents who want to earn degrees that will help them further support their children. It also offers onsite childcare and free legal and financial counseling to employees. When single parents have to move, they can ease at least some of the stress by taking advantage of Colgate-Palmolive's relocation assistance.</p> <h2>4. SAS Institute</h2> <p>You might not have heard of SAS Institute &mdash; the Cary, North Carolina company is a software analytics company, but this employer has become a favorite of workers. In 2013, Fast Company Magazine featured SAS in a story headlined &quot;How SAS Became the World's Best Place to Work,&quot; and employment site Glassdoor ranked SAS highly in its most recent &quot;Top 25 Companies for Work-Life Balance&quot; list.</p> <p>Of particular interest to single parents? SAS leaders don't focus needlessly on the amount of hours that employees spend in the office. In fact, the company operates a 35-hour work week. This doesn't mean that employees only work 35 hours. Many choose to work more. But for single parents, the option to work fewer hours is a tempting one, making it far easier to shuttle kids around and attend band concerts.</p> <p>SAS also offers discounted child care, an onsite healthcare clinic, onsite gym for parents who want a de-stressing workout, and free work-life counseling for those struggling to juggle their roles as single parents and employees.</p> <h2>5. Wegmans Food Markets</h2> <p>Supermarket chains don't always have stellar reputations when it comes to parent-friendly benefits. Wegmans Food Markets, based in Rochester, New York, is the exception.</p> <p>Fortune Magazine ranked Wegmans seventh on its 2015 list of the &quot;100 Best Companies to Work For.&quot; It's an especially good place for single parents who want to return to college to boost their earning potential. Wegmans provides tuition assistance for both its full and part-time employees, according to Fortune.</p> <p>The supermarket chain also covers 85% to 100% of the health care costs of its employees and their dependents, a huge benefit for single parents worried about covering their children's medical bills. And for those who want to spend more time at home when their children are actually awake? Wegmans offer flexible working hours.</p> <h2>6. Quicken Loans</h2> <p>ComputerWorld in 2015 ranked Detroit-based mortgage lender Quicken Loans as the best place for IT workers. That's a heady honor, but Quicken Loans is actually a great place for anyone to work, especially single parents.</p> <p>Just look at the benefits that single parents can tap: Those who have adopted will earn a $5,000 adoption benefit and 10 days of paid leave. Quicken offers all of its workers 26 days of annual paid holiday and vacation leave after one year of service, and provides 90 days of job-protected maternity leave.</p> <p>The lender also provides onsite child care, telecommuting options, and flexible scheduling.</p> <h2>7. Four Seasons Hotels and Resorts</h2> <p>The hospitality industry is another that doesn't have a reputation for providing top benefits. Toronto-based Four Seasons Hotels and Resorts is an exception, according to Fortune Magazine, which ranked the hotel chain as one of its best places to work for 2015.</p> <p>According to Fortune, Four Seasons provides 30 days of protected maternity leave for new parents and offers 19 days of holiday and vacation days each year to employees who have worked at the company for at least one year.</p> <p>For single parents who need to work flexible hours, Four Seasons offers compressed work weeks (employees can work more hours in a shorter number of days), telecommuting, and flexible work schedules. Those parents without cars can receive subsidized public transportation to and from work.</p> <p><em>Would you seek out a job that offered great work-life balance?</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/dan-rafter">Dan Rafter</a> of <a href="http://www.wisebread.com/the-7-best-employers-for-single-parents">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-5"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/10-life-skills-for-working-moms">10 Life Skills for Working Moms</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-things-never-to-bring-up-in-a-job-interview">5 Things Never to Bring Up in a Job Interview</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/crime-scene-cleaner-and-4-other-trades-that-pay-surprisingly-well">Crime Scene Cleaner and 4 Other Trades That Pay Surprisingly Well</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-10-best-high-paying-jobs-for-introverts">The 10 Best High Paying Jobs for Introverts</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/10-resume-mistakes-that-will-hurt-your-job-search">10 Resume Mistakes That Will Hurt Your Job Search</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Career Building Family child care employment flexible jobs single parents work life balance Fri, 16 Oct 2015 09:00:36 +0000 Dan Rafter 1587463 at http://www.wisebread.com 5 Ways Your Wardrobe Is Holding You Back at Work http://www.wisebread.com/5-ways-your-wardrobe-is-holding-you-back-at-work <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/5-ways-your-wardrobe-is-holding-you-back-at-work" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/000062594038.jpg" alt="Woman realizing her wardrobe is holding her back at work" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>Whether your workplace has a dress code or not, what you wear &mdash; and how you wear it &mdash; plays a huge part in how you are perceived.&nbsp;</p> <p>Yes, you definitely need to do more than dress well to get the job you want. After all, doing the job well will always be the most important factor in anyone's career. But there are good reasons why dressing the part can help your career efforts. Here are some ways a poor wardrobe can hold you back at work.</p> <h2>1. Lost Trust</h2> <p>When what you wear mirrors the message you want to get across &mdash; whatever that is &mdash; you will come across as authentic, and authentic people are seen as trustworthy. If you want to seem responsible and organized, but you wear wild colors or clashing prints, it might be hard for people to believe that you have the characteristics you're trying to embody.</p> <p>Figuring out what your message needs to be can be complex. Think of words that describe a person who does the job you want well. Then evaluate your wardrobe based on those descriptors. If, for instance, your company tends to hire people who are intense to be salespeople, see if your clothes match that adjective. If they don't, make some changes so that they do.</p> <h2>2. Lost Power</h2> <p>Wearing a great suit not only <a href="http://www.theatlantic.com/business/archive/2015/04/wearing-a-suit-makes-people-think-differently/391802/">changes how you are perceived</a>, but also how you feel about yourself. When you dress formally, people perceive you as powerful. You begin to pick up on these feelings and so begin to perceive yourself as more powerful, as well. This is a feedback loop that can help you move up at work, since powerful people tend to get what they want.</p> <p>If a suit isn't appropriate in your workplace, figure out what the equivalent might be. What would it mean to dress even slightly more formally? Try that out and see if it helps you. The only places where this doesn't always apply are jobs where everyone wears uniforms. Even there, though, changing something like your footwear or your accessories can often make you look more formal.</p> <h2>3. Lost Professionalism</h2> <p>There are many ways clothing can cause people to see you as less professional than you might actually be. If your clothes don't fit right, are too casual, or show inappropriate amounts of skin, you won't have as professional of an air as you would have if your clothes were up to snuff. This can cause you to lose out on promotions, especially those that might make you more visible.</p> <p>If you aren't sure whether your clothing is appropriately professional, ask someone. Find someone whose clothing you admire and see if they would mind giving you some feedback. Ask them how your own wardrobe comes across at work and what they would do to improve it. Yes, this requires you to be vulnerable, but it can also help you make huge strides ahead in the workplace.</p> <h2>4. Lost Sense of Belonging</h2> <p>When you're part of a department or a team, it's important that you dress on par with those around you. Look at the people you work with and evaluate their wardrobes. Are they stylish? Do they wear brightly colored accents, or do they stick to neutral tones? Do they stand out in a crowd or try to blend in? If you dress like the people around you, you will look more like you belong in that particular workplace. Whether that's good or bad depends on your particular personality and workplace goals.</p> <p>Make sure that you don't become part of the background, though. Your clothes roughly match those of your team of coworkers, but they still need to fit well and be appropriate to your personality. And, if there's any doubt, dress a bit more formally than the people around you. It makes you look like you are competent and in charge.</p> <h2>5. Lost Respect</h2> <p>There are so many ways your clothing can cost you respect at work &mdash; from unprofessional or inappropriate attire to clothes that make you look too junior for your role. Most employers want to bring on and promote people who respect themselves and respect the workplace, because these are people that they, in turn, can respect.</p> <p>Many of the issues that cause you to lose respect can be easily remedied. Buy a new suit for <a href="http://www.wisebread.com/10-essential-steps-to-take-before-a-job-interview">your interview</a> and have it tailored to fit. Err on the side of formal dress, rather than informal. Make sure your clothes are clean and pressed and that nothing is hanging out where it shouldn't. These basic steps can mean the difference between having the job you want and having none at all.</p> <p>If wardrobe is a struggle for you and you feel like it is holding you back at work, consider working with a wardrobe consultant. You can find these people online, though different wardrobe professionals may focus on different industries or different levels of dress (business casual vs. business formal, for example). While this can involve a significant financial investment, that will pay off over the years if you can get a job that makes you happy and pays more.</p> <p><em>Do you think your wardrobe is holding you back at work? How can you change that?</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/sarah-winfrey">Sarah Winfrey</a> of <a href="http://www.wisebread.com/5-ways-your-wardrobe-is-holding-you-back-at-work">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-6"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-things-never-to-bring-up-in-a-job-interview">5 Things Never to Bring Up in a Job Interview</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-things-to-do-before-your-first-day-at-a-new-job">5 Things to Do Before Your First Day at a New Job</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/4-unexpected-costs-of-a-higher-paying-job-offer">4 Unexpected Costs of a Higher-Paying Job Offer</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/long-hours-and-other-employer-demands">Long Hours and Other Employer Demands</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/6-ways-to-deal-when-youre-way-behind-at-work">6 Ways to Deal When You&#039;re Way Behind at Work</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Career Building clothing Dress for Success employment office attire wardrobe work Fri, 09 Oct 2015 17:00:54 +0000 Sarah Winfrey 1578894 at http://www.wisebread.com Video Resumes and 5 Other Cool Tricks to Land the Job http://www.wisebread.com/video-resumes-and-5-other-cool-tricks-to-land-the-job <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/video-resumes-and-5-other-cool-tricks-to-land-the-job" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/000009153869.jpg" alt="Woman using video resume and cool tricks to land the job" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>These days, a regular resume may not be enough to get you noticed. Competition for good jobs is fierce, and for the top jobs, you'll be up against some very talented people. What will you do to get noticed? How far are you willing to go to get that interview?</p> <p>Well, if your answer is &quot;I'll do whatever it takes,&quot; you are already on the right path. Now, keep going. From video resumes to PR stunts and creative direct mail, here are some of the best ways to upgrade your resume from ordinary to extraordinary.</p> <h2>1. First, the Video Resume</h2> <p>One of the hottest new ways to land an interview is to make a video resume. Now, let's be clear. A video resume should never be used in place of an actual resume. At the end of the day, people want a quick and easy way to look over your skills, qualifications, and work history. Instead, think of the video resume as a trailer for the resume itself. You want to entice people into your work history, and say something about yourself in the process. How do you do that in a way that is appropriate for the job? Well, it all depends on what the job is, so here are a few tips:</p> <h3>Tailor Every Video Resume to the Job You Want</h3> <p>If you're applying to a very creative job, such as an advertising or <a href="https://www.youtube.com/watch?v=oT1XYjZcmck">marketing position</a>, an acting job, a programmer, or something else inventive and fun, you really have to stand out. Be creative, imaginative, and resourceful. Add effects, get a VO done, or even create a mini-movie. If the job is a little more conservative, find ways to stand out without being too outrageous. You want to be noticed, but for the right reasons. This <a href="https://www.youtube.com/watch?v=HRHFEDyHIsc">video resume for Google</a> is a great example of what to do, and it has over 1.4 million hits.</p> <h3>Plan It Out Carefully</h3> <p>If you'll be on camera, figure out what you want to say, and how you want to say it. Will you need props? Will a change of clothing be required? Do you need to bring in a camera operator, or someone to help you film some of the more difficult scenes? Do you need a script, or a prompter? Some people find it easier to have cue cards at hand, just in case. The more preparation you do, the better the end result will be.</p> <h3>Rehearse &mdash; Then Rehearse Again</h3> <p>Unless you really want the video resume to look very amateurish (this could actually be a fun way to stand out, if it's done way over the top), then you need to do several practice runs. In most cases, this will cost you nothing but time. Try it, watch it, see where your strengths and weaknesses lie. Then, go again. Rehearsing can be the difference between a good video resume, and an exceptional one.</p> <h2>2. Create Innovative Mailers</h2> <p>If you have ever received an unexpected gift or package in the mail, you'll know the excitement it can create. Even if you know it's coming, such as a package from Loot Crate or Birchbox, you can't wait to open it up and see what is revealed.</p> <p>This same feeling of mystery and surprise can be duplicated with a <a href="https://www.google.com/search?q=creative+resume+mailer&amp;biw=1680&amp;bih=933&amp;source=lnms&amp;tbm=isch&amp;sa=X&amp;ved=0CAYQ_AUoAWoVChMIrL6nlqSJyAIVihaSCh0jyAaZ">creative resume mailer</a>. Many people who work in advertising, marketing, design, PR, and other very creative and visual fields will already know the benefits of this. Make no mistake, they can take time to create. This is not simply printing out a resume on a sheet of nice paper and mailing it off (or these days, e-mailing it).</p> <p>In the past, I have personally created and mailed out first aid kits, published a CliffsNotes booklet, assembled a pop-up book, used 3D art with glasses, and even stamped my information on aluminum. These are the lengths many people in my profession will go to to stand out. Now think about your own profession. What can you do to go above and beyond the norm?</p> <h2>3. Put Yourself on a Billboard</h2> <p>Want to go one step further than a mailer? Well, how about spending a little money to put your resume or website on a billboard? A guy called Bennett Olson lost his job in a casino, and figured a great way to get himself out there was to <a href="http://newsfeed.time.com/2012/05/11/guys-billboard-resume-gets-him-a-job/">rent a giant billboard</a> featuring his name and web address. This is a tactic that has been employed by several other big thinkers in recent years, including Adam Pacitti's <a href="http://www.dailymail.co.uk/news/article-2279261/Adam-Pacitti-spent-500-billboard-begging-job-spends-pay-packet-say-thanks.html">billboard in London</a>, and Fed Brumwell's billboard outside of the Google offices. If you are willing to take a gamble, and have the courage to spend that kind of money (it can cost hundreds, or even thousands, of dollars) it could really pay off.</p> <h2>4. Employ PR and Guerrilla Stunts</h2> <p>Feeling really adventurous? Then go beyond the billboard to a stunt that will not only attract the attention of future employers, but news outlets, bloggers, and other influencers. For instance, Liz Hickok, a Georgia resident, decided to put her <a href="http://www.wtvy.com/home/headlines/Ga_Woman_Displays_Resume_in_Christmas_Lights_136171803.html">resume up in Christmas lights</a> outside her home. It attracted a whole lot of attention, and many news stories were generated.</p> <p>John Kolbe created a contest, offering someone an <a href="http://www.tampabay.com/news/business/workinglife/tweeting-your-way-into-a-job/1025749">HD camcorder</a> if they helped him land a job. And at CareerBuilder, you can see some of the most <a href="http://www.careerbuilder.com/share/aboutus/pressreleasesdetail.aspx?id=pr464&amp;sd=10%2f8%2f2008&amp;ed=12%2f31%2f2008">bizarre tactics</a> people have used to get hired, including free foot massages for a future employer, and adding your name to the menu of a popular restaurant. These stunts may not land you the job you were initially looking for, but they may get you an even better job with someone else.</p> <h2>5. Place Ads on Facebook</h2> <p>Facebook ads can be highly targeted, and very effective at reaching the people you want to speak to. If you have a particular job in mind, in a certain part of the country, you can run ads that will reach only those potential employers.</p> <p>Job-Hunt lists four success stories of the <a href="http://www.job-hunt.org/social-networking/facebook-job-search/facebook-ad-job-success-stories.shtml">Facebook ads strategy</a>, and the results were impressive. For instance, Sam Solomon spent just $150 on his Facebook ads, targeting specific industries that he wanted to work in. He received five interviews, 18 email follow-ups, and got two blog posts written about his idea. For some of us, $150 may be a lot to spend, but for those kinds of opportunities, is it really too much?</p> <h2>6. Try Cold Calling</h2> <p>We live in a world dominated by emails, text messages, tweets, blogs, and other impersonal forms of communication. The idea of simply calling someone to ask for an interview, out of the blue, may seem bizarre at first, but if you think about it, it's a fantastic way to cut through the clutter.</p> <p>Other people are sending the CEOs resumes and emails. But what if you bypass that, and find a way to talk to them person to person? Of course, you need to have something important to say, rather than simply &quot;Hey, can I have an interview?&quot; So, <a href="http://www.wisebread.com/how-to-answer-23-of-the-most-common-interview-questions">do some research on the company</a>. See what they have been invested in lately. What problems have they faced? What challenges are they trying to overcome? If you can offer insights, solutions, or ideas on those subjects, you might be worth listening to over a face-to-face meeting. And that is the end goal.</p> <p><em>Did you try anything unconventional to land a job?</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/paul-michael">Paul Michael</a> of <a href="http://www.wisebread.com/video-resumes-and-5-other-cool-tricks-to-land-the-job">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-7"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/10-things-you-should-never-do-during-a-job-interview">10 Things You Should Never Do During a Job Interview</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/dont-forget-about-these-7-job-hunting-expenses">Don&#039;t Forget About These 7 Job Hunting Expenses</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-things-you-must-learn-about-the-company-before-your-job-interview">5 Things You Must Learn About the Company Before Your Job Interview</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/6-american-cities-with-the-highest-minimum-wage">6 American Cities With the Highest Minimum Wage</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/8-job-offers-that-are-too-good-to-be-true">8 Job Offers That Are Too Good to Be True</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Job Hunting clever hiring tricks creative employment getting hired interviewing video resumes Tue, 06 Oct 2015 09:00:38 +0000 Paul Michael 1576303 at http://www.wisebread.com 5 Things Never to Bring Up in a Job Interview http://www.wisebread.com/5-things-never-to-bring-up-in-a-job-interview <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/5-things-never-to-bring-up-in-a-job-interview" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/woman_job_interview_000041648702.jpg" alt="Woman learning topics to never discuss in job interview" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>Congrats on <a href="http://www.wisebread.com/10-essential-steps-to-take-before-a-job-interview">scoring that interview</a>! You clearly deserved it based on your resume and cover letter, but don't blow the opportunity by prattling on about these five topics you should never discuss <a href="http://www.wisebread.com/16-major-dos-and-donts-at-a-job-interview">during a job interview</a>.</p> <h2>1. Dirt on Your Former Employer</h2> <p>When your interviewer lists what makes their company special, it's really tempting to take that as a cue to rail against your old employer. But you should definitely avoid dishing about your former boss' failings, missteps, or the company culture. That leaves a lasting impression of a negative and petty employee. As far as they know, you will probably do the same to them in the future, and who wants that? Keep talking about your old company down to what you learned and how you honed your skill set &mdash; nothing more.</p> <h2>2. Personal or Romantic Details</h2> <p>Your <a href="http://www.wisebread.com/master-these-15-interview-questions">interviewer asks you questions</a> like, &quot;Do you have other commitments or life events that might get in the way of your job?&quot; This is not the time to start listing all of your very personal plans. Your dating status should not be vocalized. Giving too much background information on your family is also bad. Did you mother get sick last year and you had to take care of her for a while? Sorry, you can't bring that up in an interview &mdash; it may look like playing the sympathy card. Basically, personal details not only make the interviewer uncomfortable, but they take the focus off of your competence in the workplace.</p> <h2>3. Benefits and Payment</h2> <p>Don't mess with the process: Asking about the finer details of payment and benefits during the interview will not only dock you points, but you probably won't even get an answer until after you've been offered the job (which is now slightly less likely if you asked too early). Don't risk looking impatient and greedy. Your most burning question has to wait until you've floored them enough to get the offer.</p> <h2>4. Your Other Job Interviews</h2> <p>It's only Tuesday and you've got six more interviews this week, but that's not your current interviewer's business. Don't let them force your hand, but don't let them think they are just another interview, either. <a href="http://www.wisebread.com/5-scary-thoughts-everyone-has-during-a-job-interview">Stay confident</a>, positive, and genuinely interested in the position you're interviewing for each time. Bringing up your other prospects won't help you unless you have a solid job offer with competitive pay and benefits to use as leverage.</p> <h2>5. Religion and Politics</h2> <p>Yes, that same bit of etiquette your mother taught you is especially important in your career. Unless you're interviewing for an NGO or a political think tank, politics and religion are not safe water cooler discussion topics nor are they worth broaching in the job interview. Think what a disaster it would be if your interviewer didn't agree with your views! How you vote or pray should not determine whether or not you're a good employee, so don't give them a chance to judge your values outside of the office.</p> <p><em>What interview topics do you consider taboo? Share them in comments here, instead!</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/amanda-meadows">Amanda Meadows</a> of <a href="http://www.wisebread.com/5-things-never-to-bring-up-in-a-job-interview">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-8"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/dont-forget-about-these-7-job-hunting-expenses">Don&#039;t Forget About These 7 Job Hunting Expenses</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/how-to-ace-your-next-coffee-interview">How to Ace Your Next Coffee Interview</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-things-to-do-before-your-first-day-at-a-new-job">5 Things to Do Before Your First Day at a New Job</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-ways-your-wardrobe-is-holding-you-back-at-work">5 Ways Your Wardrobe Is Holding You Back at Work</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/4-unexpected-costs-of-a-higher-paying-job-offer">4 Unexpected Costs of a Higher-Paying Job Offer</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Career Building employment interview etiquette job interviews professional work Thu, 27 Aug 2015 17:00:14 +0000 Amanda Meadows 1533316 at http://www.wisebread.com 6 Reasons Introverts Make the Best Employees http://www.wisebread.com/6-reasons-introverts-make-the-best-employees <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/6-reasons-introverts-make-the-best-employees" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/shy_woman_working_000068919647.jpg" alt="Woman learning why introverts make the best employees" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>Despite what many believe, introverts are not shy, weird nerds. <a href="http://www.wisebread.com/8-personal-finance-tips-for-introverts">Introverted people</a> can be found across a range of professions, making ample contributions in nearly every field of human endeavor. And introverts also possess certain traits that can make them valuable additions to any workplace.</p> <p>It's impossible to make broad generalizations about all introverted people. But some studies indicate there are some general traits they often share in the workplace. Here are six reasons to consider adding a few introverts to your team ASAP.</p> <h2>1. Introverts Only Deliver Information They Consider to Be of Value</h2> <p>Many people are uncomfortable with silence, and choose to fill the space with whatever thought comes to mind. Introverts see this as a waste of everyone's time, especially their own. When they speak up, people should listen, because they only communicate information they deem important and useful.</p> <h2>2. Introverts Are Sincere</h2> <p>They see no need for fake social pleasantries, since they perceive them as a waste of time. This can come across as rude to some, but it's mainly because introverts respect &mdash; and expect &mdash; honesty from everyone. So if you want the truth, no matter how harsh, seek an introvert.</p> <h2>3. Introverts Are Unique Individuals</h2> <p>Were Audrey Hepburn or Albert Einstein nerds? These terms seem absolutely bonkers when tied to the names of such wildly successful and historical figures, but both were introverts. They didn't follow trends, and they pursued their passions very intensely. That's a classic recipe for success.</p> <h2>4. Introverts Do Not Play Office Politics</h2> <p>Because they put such a premium on honesty and sincerity, mind games like office politics are lost on introverts. Instead, introverts prefer to rely on a solid work product to get ahead. That's a plus when you value transparency and efficiency in the workplace.</p> <h2>5. Introverts Are Dependable</h2> <p>There's a famous misconception that introverts hate everyone, but that's simply not the case. They slowly build their inner circle into a few select members with whom they deeply trust. To those few, they are extremely loyal. So if you have an introvert on your team and they're happy where they are, they will work as hard as they can to contribute to the company's success.</p> <h2>6. Introverts Are Independent</h2> <p>When you hire an introvert, no hand-holding is needed. They much prefer to learn their tasks and then get to <a href="http://www.halogensoftware.com/blog/the-psychology-of-introverted-employees-understand-them-to-manage-them-better">work on their own</a>, creating structure and routines. They prefer quiet time for concentration and to let their thoughts and intellect guide them. If you're looking for a self-starter to join your team, look no further than an introvert.</p> <p>Not sure whether you're an introvert or extrovert? Take <a href="http://blogs.scientificamerican.com/beautiful-minds/will-the-real-introverts-please-stand-up/">this quiz at Scientific American</a>.</p> <p><em>Have you hired an introvert? Or are you an introvert who has excelled in the workplace because of it? </em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/chrissa-hardy">Chrissa Hardy</a> of <a href="http://www.wisebread.com/6-reasons-introverts-make-the-best-employees">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-9"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/7-signs-youre-working-for-an-impossible-boss">7 Signs You&#039;re Working for an Impossible Boss</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/how-to-write-a-resume-12-steps-to-your-next-job">How To Write A Resume: 12 Steps To Your Next Job</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-12-best-weekend-activities-for-introverts">The 12 Best Weekend Activities for Introverts</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-things-you-must-do-before-you-quit-your-job">5 Things You Must Do Before You Quit Your Job</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/10-fun-ways-to-leave-your-job">10 Fun Ways to Leave Your Job</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Career and Income character traits employment hard workers introverts shy Mon, 27 Jul 2015 09:00:11 +0000 Chrissa Hardy 1499351 at http://www.wisebread.com 6 Ways to Transition to a New Career After 30 http://www.wisebread.com/6-ways-to-transition-to-a-new-career-after-30 <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/6-ways-to-transition-to-a-new-career-after-30" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/career_focused_woman_000021163237.jpg" alt="Woman finding ways to transition into new career after 30" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>The average American <a href="http://online.wsj.com/articles/SB10001424052748704206804575468162805877990">changes jobs seven times</a>&nbsp;over a life time of work, and the pursuit of better job satisfaction and financial stability are among the top reasons. Most of these career shifts happen in a person's teens and twenties, when hop-scotching from bartending to telemarketing is more common than not. Mid- and late-career changes, however, are less common, largely because they require the implicit trade of the familiar for the unknown. The risks may be bigger, but the rewards are sweeter.</p> <p>If the mere thought of jumping from a well-heeled spot on one industry ladder to the bottom rung of another is intimidating enough to prevent you from pursuing the job of your dreams, you're not alone. Later in life <a href="http://www.wisebread.com/6-signs-its-time-to-make-your-side-gig-your-career">career changes</a> can seem impossible when you weigh the financial risks of starting anew with the responsibilities of child-rearing and mortgage payments. But if you're truly unfulfilled at work, over time it will take a toll its toll. So don't let a little fear of failure hold you hostage.</p> <p>Read on for our roundup of the best ways to transition to a new career after 30.</p> <h2>1. Skill Shift</h2> <p>Grab a pen and pad and take a few minutes to list all your skills &mdash; and not just the ones you acquired on the job. Be sure to include those you picked up while volunteering for the Parent Teacher Association, leading your child's Girl Scouts troop, caring for an ailing relative, paying down your debt, fundraising for cancer research, and building the new deck in the backyard. Now brainstorm all the ways you can apply these strengths of yours to a brand new business venture. You just might surprise yourself with how quickly your experience planning a neighborhood block party complete with food vendors, a bouncy house, and live music seems to become more beneficial than what you learned from your collegiate calculus homework. Especially if it's a new career in event planning that you're pursuing. So don't be afraid to acknowledge your outside-the-box accomplishments and play to them.</p> <h2>2. Get Educated</h2> <p>While you may find you have a slew of transferable job skills, the likelihood that you'll need to acquire some new ones is pretty high. That doesn't necessarily mean you need to dole out tens of thousands of dollars for a new degree &mdash; although, depending on your new occupation of choice, it might. Education, in all its forms, will counter what you lack in experience. And it will show potential employers that you are committed to your new career choice and driven enough to do what it takes to land a job in your new field. Books, lectures, certification courses, and volunteer opportunities are all great ways of snuffing up.</p> <h2>3. Go Where the Growth Is</h2> <p>There's something to be said for career fields that are forecast to add future jobs. And that something is stability. Job growth means there's less likelihood that your bread and butter will be rattled by economic turmoil. It means you'll have a better shot at securing promotions and making lateral moves with pay increases. So you might want to jot down these fastest-growing occupations: industrial-organizational psychologist, personal care aide, home health aide, mechanical insulation worker, interpreters and translators, diagnostic medical sonographer, and brick mason. All these fields are on pace to see stellar growth rates, which means you'll have an easier time finding a niche for yourself.</p> <h2>4. Stage a Dress Rehearsal</h2> <p>A travel magazine editor might seem like the ultimate occupation, but how often does he or she actually get the opportunity to fly to Morocco for an all-inclusive stay at a posh new resort? There's only one way to find out: Network with people in your desired field, mine for opportunities to shadow folks working in your desired role, and ask a lot of questions. When possible, try out the work for yourself on a limited, exploratory basis to see if it's really for you. You just might find that the travel editor gig you've been swooning for actually brings about more computer eye strains than passport stamps.</p> <h2>5. Tap Your Network</h2> <p>Determining your new career calling is half the battle. The other, of course, is getting hired. But when you lack the typical resume for a career that lies outside your realm of experience, it can be difficult to secure a position &mdash; no matter how captivating your cover letter is. So don't rely on a piece of paper to get your foot in the door. Instead, tap your network: Friends, family, former colleagues, past classmates, neighbors, and mentors. These are the people who know your work ethic, smarts, and potential for success in ways that can't be captured in black ink. They can vouch for you. They might even be able to help you land an interview you otherwise wouldn't have scored. The rest is up to you.</p> <h2>6. Rebrand Yourself</h2> <p>If you're going to take on a new role, it will serve you well to look the part. That goes for your online persona as much as your wardrobe. Before you begin the interview process, be sure your social media accounts, websites, business cards and voicemail greetings are reflective of the professional life you want. The fact that you're in a period of transition is no excuse for an outdated or sloppy digital presence.</p> <p><em>Have you made a career change? What worked for you?</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/brittany-lyte">Brittany Lyte</a> of <a href="http://www.wisebread.com/6-ways-to-transition-to-a-new-career-after-30">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-10"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/6-things-to-do-on-your-first-day-at-a-new-job">6 Things to Do on Your First Day at a New Job</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/9-jobs-you-may-not-have-considered-but-should">9 Jobs You May Not Have Considered (But Should)</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/6-skills-that-helped-your-boss-get-ahead">6 Skills That Helped Your Boss Get Ahead</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/finding-the-right-job-there-s-plenty-of-phish-in-the-sea">Finding the Right Job: There’s Plenty of Phish in the Sea</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/when-to-splurge-resume-writer">When to Splurge: Resume Writer</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Career Building employment jobs skills transitioning working Tue, 21 Jul 2015 09:00:12 +0000 Brittany Lyte 1490872 at http://www.wisebread.com