Funding Your Change
This is where a lot of potential career changers fail. To move to any kind of new career that will earn you good money, give you the chance to be your own boss and provide you job stability, you would generally have to:
* Go to college or university for 4 to 6 years part time or 2 to 3 years full time.
* Start at the very bottom of the rung and get trained up over the years whilst earning a low wage and being ‘dumped on’.
* Quit your job and buy a franchise for £20,000+ (where you would not be able to pay yourself for at least 6 months from start-up).
* Or jump straight into some other career, where you can start straight away doing something different to the norm but, providing no long term prospects to moving your life forward and with no security.
So how could you afford to pay for your career change if you had to give up full-time employment?
Taking out a loan? Working longer hours? Doing a second job? Asking your partner to do more hours or get a job? Cut back on your existing spending?
Depending on how you go about changing career this may not be necessary. Whatever you decide to do, you have options, it is just a matter of deciding which one is best for you.
Summary: Changing career will come at a cost. But as long as you can see it more as an investment in yourself and your future this will not be a problem.
Now read the next section – Next Steps.
 |
Brian A 42 year old former fisherman. He is now running his own successful plumbing business. Read His Story Here > |
 |
Brian 38 year old Brian left the printing industry to train as a plumber. Read His Story Here > |
 |
Charlie Formally a pharmacy buyer, took redundancy as is now a fully fledged plumber. Read His Story Here > |
