When you think of your investment portfolio, you probably think of stocks, savings and maybe a few other financial products you own or things you’re planning to use for buying a house, fund retirement, or to keep yourself protected. What you might overlook is the investment you’ve made in your career. You’ve invested time in your career, and if you’re still paying off student loans, you definitely know you’ve spent money on it as well. Just like any other investment, your career has risk and return. If you want to get the best return on your investment in your career, then here are a few tips that can help:
Get a degree. If you haven’t finished college, you might have found yourself bumping up against a glass ceiling. You can finish your degree online, often in a short amount of time and without spending a ton of money. If you’d rather go back to school in person, talk to us about student loan options.
Get an advanced degree. It’s no surprise that the average income goes up with each advanced degree that individuals earn. If you’re looking to advance your career, consider using one of our loansto finance an MBA, which is useful in virtually every field.
Build your brand. More and more, career changes and advancement can be built through the Internet and social media. You can work on building your personal online brand or get training and a certification in all sorts of software and design to help others build their brand, making money in the process.
Learn another language or another culture. There are very few job skills as portable as language and communication. If you find yourself out of a job, knowing another language can help you get that next one lined up. Understanding different cultures makes it easy to move if the next job is across the country or even elsewhere in the world.
There are a lot of ways to invest in your future, but the one we tend to overlook is spending money to develop our jobs. Unless you got in on the ground floor of investing in Google, you’re probably never going to find an investment that pays you more over the course of your life than the one you’ve made in your career. Don’t neglect it.