{"id":40604,"date":"2023-07-26T06:06:56","date_gmt":"2023-07-26T10:06:56","guid":{"rendered":"https:\/\/ifintechworld.com\/news\/thinking-of-a-career-change-take-these-steps-to-ease-the-transition\/"},"modified":"2023-07-26T06:06:58","modified_gmt":"2023-07-26T10:06:58","slug":"thinking-of-a-career-change-take-these-steps-to-ease-the-transition","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=40604","title":{"rendered":"Thinking of a career change? Take these steps to ease the transition."},"content":{"rendered":"
\n

This <\/em>article<\/em> is reprinted by permission from <\/em>NerdWallet<\/em>.\u00a0<\/em><\/p>\n

When you think about changing careers, what comes to mind? A movie montage of quitting your job and finally opening your dream restaurant, or perhaps a childhood vision of you pretending to be an astronaut or rock star?<\/p>\n

\n

The economic situation today is challenging, but changing careers is hard even in the best of times. For some, the journey starts with a big step like\u00a0quitting their job. For others, it can be a series of little steps leading down a new path.<\/p>\n

Also see:<\/strong> 9 tips for older job hunters that can help you stand out in the crowd<\/p>\n

Low pay, a lack of opportunities for advancement, and feeling disrespected at work were the top reasons Americans quit their jobs in 2021, the year of the \u201cgreat resignation,\u201d according to a Pew Research Center\u00a0survey\u00a0released last year. Of those who quit, more than half said they changed their field of work or occupation.<\/p>\n

Whether you\u2019re switching industries or exploring a passion you\u2019ve always had, here are some practical tips from career coaches to make your transition easier.<\/p>\n

1. Assess your situation<\/strong><\/h2>\n

Changing careers looks different if you\u2019re in between jobs versus employed. When you\u2019re living paycheck to paycheck, the idea can feel out of reach, but there are ways to get there. If you\u2019ve just been laid off, \u201cgive yourself time to decompress\u201d before making any big decisions, says Carlota Zee, who runs her own eponymous career coaching firm in New York City. You may have to take on a new job fast to stay afloat, but take some time to acknowledge your feelings about losing the old one, she says.<\/p>\n

Plus<\/strong>: These fully remote jobs pay over $100,000 a year \u2014 but there are a couple of caveats<\/p>\n

2. Ask yourself two questions<\/strong><\/h2>\n

The first one is obvious:\u00a0Why do you want to change careers now? As you consider your answer, write down what matters to you. \u201cThink about what you want to experience, the type of environments you thrive in, what you want your career to feel like, and consider how you measure success,\u201d Octavia Goredema, host of the Audible Original series \u201cHow to Change Careers,\u201d said in an email.<\/p>\n

The second question is how hard you\u2019re willing to work for a change, says Dana Theus, executive coach and leadership consultant at InPower Coaching in Alexandria, Virginia. Put another way, does the idea of a new career truly excite you? \u201cMaking a career change is a lot of uncertainty and anxiety. What will pull you through that is excitement. You want to be going toward something, not running away from something,\u201d she says.<\/p>\n

Plus: Switching jobs isn\u2019t a surefire way to get a big pay raise anymore \u2014 think twice before you jump ship<\/p>\n

3. Do your research<\/strong><\/h2>\n

This is when you get up close with your dream career, warts and all. What are the job requirements?\u00a0What skills do you need to build\u00a0or currently have that will transfer to the new field? What are the salary ranges? What is the path to growth? What are the hardest parts and the most fulfilling ones? This part involves online research followed by talking to people in your desired profession. Look for connections on social media, in college alumni groups, in local small business associations, or by attending virtual or in-person industry events.<\/p>\n

4. Be honest about what it will take<\/strong><\/h2>\n

Whatever your current financial situation, view your career change as an investment in yourself, Theus says. This means accepting that you have to spend some time and money to make it happen.<\/p>\n

\u201cGet clear on how much financial risk you can absorb and then make decisions that align with your preferred risk level,\u201d Goredema says. You may want to explore free or low-cost courses at your local community college, pay for a coding boot camp or go all in and pursue a formal degree.<\/p>\n

Don\u2019t miss: <\/strong>Who\u2019s most likely to lose their job to AI?<\/p>\n

5. Embrace the learning curve<\/strong><\/h2>\n

You may have to start at the bottom of your chosen field in an entry-level role. All three career coaches advise being patient with yourself as you learn the ropes and surround yourself with supporters. \u201cGravitate toward people who are excited about your growth and potential. When you believe in yourself and are excited about your journey, it becomes infectious,\u201d Goredema says.<\/p>\n

More From NerdWallet<\/strong><\/p>\n

Amrita Jayakumar writes for NerdWallet. Email: articles@nerdwallet.com. Twitter: @ajbombay.<\/em><\/p>\n<\/p><\/div>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

This article is reprinted by permission from NerdWallet.\u00a0 When you think about changing careers, what comes to mind? A movie montage of quitting your job and finally opening your dream restaurant, or perhaps a childhood vision of you pretending to be an astronaut or rock star? The economic situation today is challenging, but changing careers […]<\/p>\n","protected":false},"author":1,"featured_media":40605,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[236],"tags":[83],"class_list":["post-40604","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-news","tag-featured","post_format-post-format-gallery"],"yoast_head":"\nThinking of a career change? 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