Coping with the vast changes that come with an unstable economy and the life changes you experience as you get closer to retirement age can be confusing.
How Blogs Make Money Blogs make money through pay-per-click ads and through licensing out privileges to companies. For the best results, you should probably aim your blog toward one niche that will draw an audience. For example, if you are good at carpentry, write about that and maybe you could get a deal with a hardware branch like Home Depot.
Successful career planning after 50 must consider all the financial aspects of the new career. Will you replace all of your old income? If not, when can you expect to reach the former levels of income? What do you need to do to adjust your budget to reflect the newer lower income levels? Are you prepared to take the necessary steps to make it happen?
Is the new career in harmony with your life goals? For example, if you plan on retiring early and perhaps working part time; will your new career support this decision? If you plan on moving and living in a different area are there sufficient jobs in your new career in that area? Does your prospective new employer engage in activity that you do not look at favourably? Tobacco, alcohol, etc.
Just be clear on your reasons for a career change. The last thing you want is a mid-life career change with a good boss, in a great company with a rising future and you are still dissatisfied. Not a good position to be in. Don't be in a hurry. A career change after 50 is a big step, full of financial and career pitfalls.
Getting Started Don't quit your day job just yet! A career in blogging may not come quickly, but you'll need that enthusiasm to dump your boss. Prepare yourself for the transfer, but don't quit until you start seeing money roll in from your blog.
Financial planning combined with robust career plan are both keys to a successful after 50 career change experience. Although financial planning is usually not enough by itself to guarantee a successful career change it ensures a smoother transition to the new opportunity. If your financial plan is working and you have a high degree of financial freedom you will have more career options.
How Blogs Make Money Blogs make money through pay-per-click ads and through licensing out privileges to companies. For the best results, you should probably aim your blog toward one niche that will draw an audience. For example, if you are good at carpentry, write about that and maybe you could get a deal with a hardware branch like Home Depot.
Successful career planning after 50 must consider all the financial aspects of the new career. Will you replace all of your old income? If not, when can you expect to reach the former levels of income? What do you need to do to adjust your budget to reflect the newer lower income levels? Are you prepared to take the necessary steps to make it happen?
Is the new career in harmony with your life goals? For example, if you plan on retiring early and perhaps working part time; will your new career support this decision? If you plan on moving and living in a different area are there sufficient jobs in your new career in that area? Does your prospective new employer engage in activity that you do not look at favourably? Tobacco, alcohol, etc.
Just be clear on your reasons for a career change. The last thing you want is a mid-life career change with a good boss, in a great company with a rising future and you are still dissatisfied. Not a good position to be in. Don't be in a hurry. A career change after 50 is a big step, full of financial and career pitfalls.
Getting Started Don't quit your day job just yet! A career in blogging may not come quickly, but you'll need that enthusiasm to dump your boss. Prepare yourself for the transfer, but don't quit until you start seeing money roll in from your blog.
Financial planning combined with robust career plan are both keys to a successful after 50 career change experience. Although financial planning is usually not enough by itself to guarantee a successful career change it ensures a smoother transition to the new opportunity. If your financial plan is working and you have a high degree of financial freedom you will have more career options.
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Find out more information on career change at http://smuggie61.blogspot.com/2014/02/career-change-at-50.html.
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