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 [...]

Just what does a career change cost?? Part 2 - Examples

Ch-ch-ch-ch-changes… Every year, trees do it beautifully. For them, change comes at little or no cost. The same is true for some lucky career changers, who happen to want a change that doesn’t require a major investment in additional education or business start-up costs, a big pay cut, a period of under- or unemployment, or [...]

Listen now! Network for Work (TM) Radio interview: Financial planning for a pink-slip-crazy world

(Play MP3 now!)
It’s no secret to the many who lost their jobs in this recession: getting laid off can wreak serious havoc on your personal finances.  So what can you do to minimize the impact?  Then, once you’re back to work, what might you do to be better prepared in case it happens again? 
This is [...]

Career changers - Using 529 savings for back to school? In ‘09-’10, computer-related costs qualify

In case you missed my recent ten timely tips newsletter… a special follow-up to career changers using 529 savings to cover back-to-school expenses: computer technology, related equipment and/or related services such as Internet access now count as qualified expenses. i.e. You can use tax-free dollars distributed from 529 plans to pay for these items.  The [...]

Resume makeover pays dividends: Help employers visualize you — and pay you! — as a full contributor in your new role

In her “pink slip lemonade” story, guest blogger Pamme Boutselis mentioned how her experience as a volunteer worked in conjunction with paid work experience to enable her to make the shift to her new career. Pamme’s experience echoes my own. At age 30, as part of my first career transition (from engineering to marketing, post-MBA), [...]