Tags: finances

Changing career — how to handle the cost

By Toby Buckle

Are you put off the idea of changing career because of finances? If so, then you're not alone - it's one of the biggest obstacles that wannabe career changers come up against. Here, career coach and former career changer, Toby Buckle talks you through how to figure out what it will cost you to make the career change you dream of... More

7 ideas for funding your dream work

By Sarah Cooper

One of the main reasons we stay stuck in a job we don't like is that it pays us well, or at least adequately.  However, whilst a career change (particularly if you're setting up a business) will almost inevitably require a financial sacrifice in the short term, in the long term, fulfilling work does NOT have to mean less pay.  In fact if you find something you love to do, you'll get really good at it - and the chances are you'll make more money than you did previously. 

Here Sarah Cooper goes through 7 ways that you can fund your career change.
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Financing a change of career

By Sonia Lakshman

This is a brilliant comprehensive guide by career coach, Sonia Lakshman, on financing your career change, packed with useful tips and information on everything from applying for a study grant to apprenticeships to winning the money you need for a career change. A must-read if finances are holding you back in making a career shift.
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Stuck in a good salary and limiting beliefs!

Careershifter question

By human106

I used to consider myself quite creative. I'm now a planning manager in a very large company with a good salary but I can't stand the thought that "this is it for the rest of my life". The money I earn is preventing me from leaving - all the "interesting" jobs seem to be badly paid.

ShiftDoctor answer

By Jessica McGrego... in ShiftSurgeries

Henry Ford said "Whether you think you can or you can't, you are right"...
Start to challenge your beliefs - those are what are getting in the way of you creating a job that grabs your interest, that motivates you to want to go to work everyday and do the best you can.

Read full case file


Making the change - how will you do it?

By Jenny Ungless

One of the biggest barriers for people who are trying to change career can be working out exactly HOW to make the change. The good news is that there are plenty of tactics you can use to help you make the transition. Here are our top tips from Jenny Ungless, director of City Life Coaching. More

Let's Look at Finances

By Jessica McGrego...

Whenever you are looking to make a career change it is really important to address your finances. Many people can be rather ostrich-like about this, but if you analyse your situation at the beginning then it will certainly smooth your way later.
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Retraining seems so expensive. How will I cope?

Careershifter question

By Anonymous

I want to retrain in the sciences, but I'm scared of the challenge and I don't know how I'm going to afford it. How I am going to pay for a 3-year course without building further on my husband and my debts?

ShiftDoctor answer

By Jessica McGrego... in ShiftSurgeries

In order to make this transition less daunting you need to break it down into doable steps. If you can take a step back and begin from where you are, a path with individual steps can be picked out.

Read full case file


I'd love a career using my passion for cooking, but how can I do this and make the money to support my family?

Careershifter question

By Anonymous

37 year old married man with 2 children, who has worked in sales all of my working life. My passion in life is to cook (been on MasterChef twice). I am truly torn between doing what I love to do and what I can afford to do. I am sure this would be an easy decision to make for a single man with no commitments, but not for one with children and financial commitments...

ShiftDoctor answer

By Rosie Walford a... in ShiftSurgeries

I am sure that when you name your situation - feeling torn between doing what you love and what you can afford to do - you speak for many others.

One thing to acknowledge, right from the start, is that you know your passions, and have made serious progress towards expressing them already - on TV, through weekend jobs. Bravo!

You clearly have flair, courage and a go-get attitude which will stand you in good stead...

Read full case file


How Can We Earn Money Doing What We Love?

By Nick Williams

Nick Williams, author of The Work We Were Born To Do, explains how you can make money doing a job you love. More

Overcoming the hurdles on the Career Shift journey

By Jessica McGrego...

Common hurdles that occur along your careershift journey - Fear, Finance, Support/Guidance and Procrastination - and how to deal with them.
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25 Top Tips to Kick-Start Your Career

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