There comes a time when everybody has to choose what profession to take up to serve society. Based on calling, talent and references, a career path can be established. Needless to say, the process starts in the early years of college.
Having an inkling of what they want to do, students decide what to major on in their courses. Some make this decision after extensive consultation while others make it on a whim. Others already have a custom course outline for a very particular sector. So what effect does a career choice have on someone’s life?
A Career is a Constant Push
Apart from the obvious monetary rewards that come with employment, a career path choice also hinges on job satisfaction. It is easier to live within one’s means than to carry on a profession in which one has no passion. Granted, not everyone lands the dream job there had first planned out to be in.
Dissatisfaction at work affects productivity on the short-term and moving up the ranks on the long-term. The challenges present in maintaining a career may include:
- Chronic fatigue from overworking
- Injury or chronic Ailments
- Stress from work environment
- Poor spending habits from peer pressure
- Shake-ups in the industry
It helps to remember the paradigm, “Don’t do what you like, like what you do.” When a job helps one to reduce financial burden and is of use to society, then it should essentially make one happy. Sticking to this positive line of thought can keep one from a lot of trouble.
One of the financial obligations to be met is student study debt. The lender, StudentAid, is quite understanding concerning the challenges that are involved in repayment. Accommodating for an expected period of job-searching, Student Aid offers a grace period. They also consider deferred payments during hardship or lay-offs.
Making regular and timely student debt payments, keeps one on a good credit rating. It enables one to take out more loans for higher learning that may further one’s career. Should this occur, one can also consider consolidating his or her debts. This is possible even with non-student debt.
Always having in mind how the lender considers one’s risk status, puts one in good books and avoids penalties. The information is shared among all financial institutions that give out different kinds of loans. Therefore two persons with the same earnings may be considered very differently due to their personal financial discipline.
In order to climb the career ladder and purchase certain necessities of life, people rely on their credit-worthiness. Items that require large deposits such as car, house or a vacation may be funded by a loan. The payment may lead to future savings such as rent evaded, taxi charges evaded, tax relief and so on.
The savings and investments made from borrowing, despite the interest charged, give a big bump to one’s career path. They may be experienced in the ease of lifestyle such as housing or the increase in skills gotten from education. These strategies are geared towards starting to lie what one does.
Christopher Baker is a career advisor and motivational speaker. His career mentorship targets debt consolidation and completion of debt payments. For more information, visit Christopher’s blog here.