Figuring it out may not be as hard as you may think!
Earning an income is a critical element in any household whether you are a single occupant or are blessed with a large family. We believe true financial freedom begins when you can successfully earn a paycheck while fulfilling your dreams and goals—all while enjoying the work you did to earn that pay!
Remember when you were a young child and many of your family members or educators often asked you, “What do you want to be when you grow up?” As a child, the answer may have been clear, and you could immediately answer that question with an array of answers from Superman to a Fireman or woman. As you got older, your experiences and preferences may have changed your ideal job choices, with more mature thoughts about what you would really like to do. By the time you graduated high school, decided to perhaps attend college or a university, you may have changed your mind so many times you found yourself a bit confused about what you wanted to do “when you grew up”. Where do you go from there? What DO you want to do? It can be frustrating, but you are not alone, some people in their 40’s and 50’s still cannot definitively answer that question and struggle in jobs that are not fulfilling. That doesn’t have to be your future.
Today, the average person changes jobs ten to fifteen times (with an average of 12 job changes) during his or her career. Many employees spend five years or less in any position, so essentially, they are devoting more time and energy transitioning from one job to another. In January 2016, the Bureau of Labor Statistics reported the average employee tenure was 4.2 years, down from 4.6 years in January 2014. *
Whether you are discussing career paths with your teenager prior to college or you need a career change yourself, using tools from the Maine Career Center may help you decide what career best aligns with your interests. By visiting http://www.mainecareercenter.com/resources/index.shtml and clicking on “My Next Move” under the job seekers tab, you’ll be directed to a quiz of 60 questions that pertain to work activities that some people do on their jobs. You can decide how you feel about each activity and provide your answers using an easy to use scale. At the end of the quiz, there is a guide to help you determine the areas of interest you may want to consider. There are other helpful tools on the same page that can help you search for careers using just a few keywords (or you can browse careers by industry). Like the old saying goes, “Choose a job you love, and you will never have to work a day in your life.”
Remember, as you navigate your career path or even if you are at the stage in your life where you are preparing for retirement, New Dimensions Federal Credit Union is available to assist you with products and services that can be used to achieve your financial goals. Whether you need to refinance your home or need some free advice on setting up your budget, we can help you navigate the changes in your income.