New year. New career moves.
Think of this year as a new opportunity to take your career to the next level. Yup, there’s no time like the present to make sure you’re happy with your job and career path. It’s also the perfect time to learn new skills or consider a career move.
Leveling up in your career often goes hand-in-hand with your financial goals. This may mean increasing your savings, paying down your debt, and earning more money. If you’re looking to take your professional life to the next level, here are the best career moves you can make this year.
Learn a New Skill
How often do you learn new skills? Well, it’s time to do this. Why? Learning new skills will help you evolve with your career and make you more marketable in your industry.
When I worked at a web design company as a content writer, I made it a point to learn new skills. The industry was often changing and I had to keep up. Plus, I knew that I could make more money by advancing my skills. So, I learned how to do light website coding and SEO (search engine optimization). I wasn’t the only one. One of my coworkers got certified in SEO and in turn, he created a whole new position for himself. Mind you, this company was a start-up so things were flexible. But, you can advance your skills regardless of where you work.
There are plenty of courses available and you don’t have to go back to school for a degree. You can use sites like Udemy and Coursera to search for online courses that interest you. For example, perhaps you can take an affordable social media course online during your spare time. And just think: the courses you take can help you at your current job, or maybe even lead you to start a new side hustle to make extra money. The opportunities are endless.
Ask For a Raise
This is one of the best times of the year to ask your employer for a raise. Companies usually have new budgets set in January and are already considering things like wages, expenses, and goals for the year.
If you haven’t done so already, schedule a sit down with your employer so you can discuss your role over the past year and then broach the subject of getting a raise or promotion. If you have focused on gaining new skills, discuss this with your boss as you can now bring more to the table.
Sometimes it can be intimidating to ask for a raise but it’s worth it. And just think: Most people don’t get raises simply because they don’t ask for them.
Remember: Earning more money each year is a crucial part of advancing your career – not to mention that it helps you keep up with cost of living increases and pay your bills.
Look For a Full-Time Job With Benefits
When looking for a new job, most people focus on the salary as the top factor. While it’s important to make sure you’re getting paid well and on time, it’s also important to consider the benefits package. If your current job doesn’t offer a benefits package, it may be time to start looking for a new job.
Vacation days, medical insurance, and a 401(k) plan can help you get ahead financially. If your employer offers a great health plan, that’s a major win. The same goes with an employer-sponsored retirement plan.
So, if you’re working part-time or don’t have benefits at your current job, consider seeking a full-time job and negotiating for a benefits package that will help support your lifestyle and protect your family.
Establish an Extra Income Stream
How many income streams do you have? The average self-made millionaire has seven.
Think about it: If you’re looking to make extra money during your spare time, you can monetize one of your hobbies and earn money doing something you enjoy. Or, perhaps you can leverage a skill to create a new side hustle and generate an entirely new income stream.
For example, consider writing e-books, selling items online, walking dogs, investing in real estate, selling homemade products on Etsy, or even running errands. If you don’t want to start a business from scratch, you can even take advantage of the gig economy and drive for Uber or Lyft on the side. The extra money you earn can be added back into your budget or used to accelerate debt payoff. You can also earmark your extra cash toward a large purchase or upcoming vacation.
Who knows, you may even launch a side business that will eventually replace your main job!
Take Your Career to the Next Level
Whether you’re gunning for a promotion or want to start a side hustle, make 2019 the year that you take your career to the next level.
Start by determining what you want your career to look like in one year, five years or 10 years. Then, focus on learning at least one new skill and exploring other options to make extra money. This may lead to a lucrative side hustle, a new job, or a raise or promotion at your current job.
One final tip: The more secure you make your career, the more secure your finances will be over time.