Take today to really think about what you have found rewarding in the past. What career options would both capitalize on this but still pay what you need as a minimum? If you are at a loss for what minimum salary you need please see yesterdays post.

 

Research the roles which would pay enough at entry level (both before and after study if either option is open to you) whilst also providing you with a career or job you believe you would still find fulfilling. Please don’t be tempted to fool yourself that the money is enough to warrant a career change in and of itself, you need to find your career or job rewarding! Remember to factor in any savings, partners or family members which could support you whilst studying or building up experience.

 

A very helpful aid when looking whether you would take home enough money after tax for any given salary is a salary calculator and you can easily find these for free online. You simply enter in the salary and it calculates how much you would take home after tax. This is an excellent way of deciphering what salary you will need to achieve to meet your monthly financial commitments, such as a mortgage or family.

Do you have commitments that dictate you need to earn a certain amount?

Do you have the option of receiving financial support from family whilst you transition into a new career or job?

If you were to take a pay cut long term do you think your partner or family would be supportive?

Have you discussed this with them or would you only bring it up once you were certain it was something you wanted to do?

 

Please share your thoughts in the comments below to gain encouragement, insight and support from our community, we’d love to hear from you.