Starting a biz? Before you “take this job & shove it”, read this…

Quitting your job to start a business remains the American dream for many.   And thanks to Johnny Paycheck’s hit song “Take This Job and Shove It“, many of us have been humming the tune and playing out the scenario in our minds since 1977. But even if you are 100% sure you have a “can’t fail” idea for a business, [...]

Find the $ to change careers, Part 2: 7 more tips from career expert @myreinventure & me

Founder of Aspire!, Randi Bussin In Part 1 of the series, career expert Randi Bussin and I teamed up to give you 8 tips for managing your cash flow before and after your career transition.  Part 2 covers managing debt, benefits and taxes during your career change. Randi Bussin, CCMC, CPBS, MBA, is a Career Reinvention [...]

Relo plans? Salary.com Cost-of-Living calculator a big help @MySalary

If you’re Beta testing a career change that involves relocation, use the Cost-of-Living Wizard on Salary.com to help you estimate the impact on your financial plan. Just plug in your current salary, current work and home locations, and the new locations, to see usable stats on how much you’ll have to earn to maintain your standard of living [...]

Find the $ to change careers: 8 tips from career expert Randi Bussin & me

Dreaming of reinventing your professional self?  Does that dream include a cut in pay?  Yeah, right!  But, for many, it may be the reality, at least temporarily.   So how do you make your dream career happen anyway?? Career expert Randi Bussin and I teamed up on this article to provide some answers to just that question.  The [...]

3rd time’s a charm re: recovering from unemployment – Article from @Brettarends @WSJ

Following up on my two most recent posts, here’s one more take on how to get back on your feet financially once employed again after a time out of work.  Written by Brett Arends of the Wall Street Journal, the article A Financial Plan for the Newly Rehired includes fresh ideas, new perspectives, and often-overlooked [...]

“Recovering from Unemployment”? @JeanKeener weighs in

Looking for more ideas on this blog’s last topic??  For another take on getting back on track post-unemployment, check out this article by my fellow Garrett Planning Network member Jean Keener.  She points out that if you maintain your lower level of spending once the paychecks start rolling in, you could very well be in a better place than you [...]

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?  [...]

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 [...]

Student Prophecy – If you think education is expensive, try… well, education: Controlling back-to-school costs

“Sherrill is now working toward her fifth Ph.D. and appears to have her goals set as a career grad student.”  Or at least that’s what the Student Prophecy section of the Crimson Log, my high school yearbook, had predicted for me for 2002.  Well, it’s now 2009, and I’ve only gone back to school twice, [...]