You will never know what you can achieve if you don’t try.
- Changing careers was the start of a big change I made to my finances in the last year.
- Working with a financial planner has done wonders for my outlook as well as my bank account.
- Finding the right job for me means I can invest in myself and grow as a professional and wage earner.
My finances will change more in 2022 than before. This is partly due to change career completely in mid-2021; I went from working as a museum professional to working as a digital content editor and writer. This improved my situation in many ways. Suddenly, I was free to live wherever I wanted, instead of being tied to a set location. And thank you work remotely, I found myself with more job options. Finally, by leaving the museum, I saw the possibility of my income increasing. While I really enjoy my museum work (mainly researching and creating informative exhibits and engaging public programs), I often struggle with having to back into debt to meet the end.
Earlier this year, I decided that I was tired of being in debt and living only for now because I couldn’t think about the future. I also had to learn from financial mistakes in my past and want to do better. Here’s what I did to dramatically improve my finances.
I started working with a financial planner
At the beginning of this year, I fell into working with a Certified Financial Planner® (CFP) by accident. After a chance meeting on social media (never underestimate the importance of networking everywhere), we agreed to trade services (editing from me, money advice from him). I used to think that only rich people should work with financial professionals, and was pleasantly surprised to find that there are so many. CFP can do it for me. Having honest conversations about my finances (including debt) and my goals (eg buy another house) helped lay the groundwork for my financial moves this year and also served as ongoing encouragement. When a financial professional tells you you are doing greatYour imposter syndrome can actually calm down for once.
I found the right job for me
While reining in your spending and live on a budget is a good financial move no matter who you are, sometimes the biggest problem is that you don’t have enough money. This has been the case for me for a very long time, and until 2022, I know I have to accept it restless side. But while the side hustle may be more casual than a full-time job, it still took me a few tries to find the right fit. I had some disappointing false starts in part-time jobs at the beginning of the year, and by the time I came to The Rise, I had my doubts that the whole hustle side of this thing was going to work.
To my surprise and delight, I immediately fell in love with my new colleagues and work. Being surrounded by people who have money and freely share their financial expertise and experience has been overwhelming for my own knowledge — and as a result, I bank account. And if you love what you do, it makes it easy to do more — and watch your income grow accordingly.
I began to think seriously about the future
Goals are important, and I’ve found that having a concrete goal that I want to achieve, like home ownership, is a tremendous motivator for me to work more, increase my income, and also get out of debt. I reached my debt payment much faster than I anticipated, and can now move on to phase two of my plan: setting aside money to pay off the house and all home ownership costs. Now, when I take on an extra writing assignment or I spend a few hours editing early on a Saturday morning, I do it for my own future benefit.
I’d be lying if I said this last year was easy. I have hunkered down, work long hours, and sometimes feel as if all I do is work. But it really paid off, and I know I’ve done a lot invest in yourself and my future happiness, along with doubling my income. If you’re struggling with your finances, take a page from my book: Seek professional advice, find the right job for you, and think seriously about your money goals and how to achieve them. You will not be disappointed.
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