New Career Change story: @bizauthor Stephanie Chandler’s big LEAP!

Here to share her career change story is guest blogger Stephanie Chandler. Stephanie’s latest book, LEAP! 101 Ways to Grow Your Business, is a must-read for those planning to start a business and anyone who wants to take their company to the next level.  Also be sure to check out her website www.BusinessInfoGuide.com, a directory of resources [...]

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 [...]

Just what does a career change cost??

Following up on the topic mentioned in my last blog post, here’s an answer to a question I get asked again and again:  Just what does a career change cost??
An excellent question, and probably one of the most important things to consider before making any “go/no go” career change decision (and preferably well before that!)  While [...]

Career changer? No group plan? Pre-Medicare? @JeanKeener on health insurance options

Many thanks to fellow Garrett Planning Network Member Jean Keener, CRPC®, Principal at Keener Financial Planning in Keller, TX, for granting permission to republish this article.  Originally posted to her own blog, it is aimed at early retirees, but the information is equally relevant to those in career transition, self-employeds, anyone too young for Medicare and [...]

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 [...]

Job change? Employer stock in your old 401k? Read before IRA rollover!

As discussed in a previous post, it’s usually a good idea to roll over your 401k when you leave a job. However, there are exceptions.
One good reason to pause before you roll over your 401k is to check if you might benefit from a little known tax break that goes by the rather cryptic term [...]

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, [...]

529 plans not just for kids anymore: Career changers can fund their own back-to-school

So you’ve probably heard plenty about using 529 plans to save for your kids’ college costs, but what about you? If your desired career change requires a return to school, you can open and fund a 529 to get a tax break when paying for your own “qualified education expenses at an eligible educational institution.” (Click [...]

New programs make federal student loan debt more manageable

Having trouble making the payments on your federal student loan? If your income is low relative to your debt (e.g. due to a layoff or difficulty securing full employment), it may be worth your while to look into Income-Based Repayment (IBR), a new way to make student loan payments more manageable. Our college planning expert [...]

New Career Change Story: For college planning expert Todd Weaver (@CollegeGamePlan), it’s all academic

This career change story comes from guest blogger and college planning expert Todd Weaver, Senior Associate with Strategies for College, Inc., our “go to” guy for August’s “Higher Ed” month.
Have you ever heard the phrase, “you can plan all you want, then life happens?” That’s exactly what happened to my family in the past year as I [...]