Quoted in “The Money Book for Freelancers, Part-Timers, and the Self-Employed”, 1 of “5 Money Books Worth Every Penny” per MSN’s Liz Pulliam Weston

The Money Book for Freelancers, Part-Timers, and the Self-Employed, by Joseph D’Agnese and Denise Kiernan, has hit the bookshelves!  I’m excited about this for several reasons…
First, readers of the blog have probably heard me say it before: I believe that people need to adopt entirely different money management strategies in order to be successful when [...]

Tags: Books, Career change math, In the Media, Self-employment, Start a business by Sherrill St. Germain
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Boston Globe @GlobeBiz money makeover features career change financial plan

Don’t miss this recent Boston Globe Money Makeover by my friend and NAPFA colleague Dana Levit!
This is exactly the kind of financial planning I recommend prospective career changers do before making a transition. Doing an analysis like this is even more important if your transition is likely to result in a lower [...]

Tags: Career change math, Career change stories, Cash Flow, Involuntary career change, Job loss, Pink Slip Lemonade by Sherrill St. Germain
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Making Pink Slip Lemonade: First, add water

It’s sunny, dry, and brutally hot.  The perfect day for Pink Slip Lemonade, you might argue, if you were imagining yourself poolside at an all-inclusive resort in Palm Springs, or in your own backyard in the dog days of August, surrounded by friends and family.  But what if instead you found yourself, as Man vs. [...]

Tags: Career Change To Do List, Career change math, Escape Fund, Involuntary career change, Job loss, Pink Slip Lemonade, Pre-transition To Do List by Sherrill St. Germain
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Starting a business? First, check your personal finances

In one of my favorite cartoons about cubicle life, Dilbert squashes Wally’s dream of becoming a high-flying entrepreneur and “living life on the edge” with the observation “You know they stop paying you if you quit your job.” Wally responds wisely to this keen insight with “Oh, never mind.” While most of us [...]

Tags: Career change math, Start a business by Sherrill St. Germain
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Your career — your most valuable asset??

Ever stop to consider how much money you’ll earn in your lifetime?? Even if you earned a modest $35,000 a year for a 40-year work life and never got a single raise, you’d wind up earning $1.4 million over your lifetime. Ignoring whether that covers the cost of living, inflation, and the fact [...]

Tags: Career change math by Sherrill St. Germain
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The tools you need to “do the math”…

“If it weren’t for the money,” you’d quit your job in a New York minute, right? But you’ve got mouths to feed, a mortgage to pay, and no shortage of other bills. So how do you get over this financial hurdle — often the last piece of the career change puzzle — and [...]

Tags: Career change math, Tool created by Sherrill by Sherrill St. Germain
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