Careers

The Big Debate #5: Chasing the Dreams or Chasing the Money?

This week, The Simple Dollar is taking a deeper look at five common personal finance debates. A while back, I posted an article entitled How to Choose a Career – The Simple Dollar Way, where I advocated strongly for allowing your passions and talents to lead you to a career, not the money. This led …

Categories: Careers

The Status Quo Bias and Switching Jobs or Careers

After my article a few weeks ago on how the status quo bias costs you money, a reader I’ll call Jeff made a very astute observation: the status quo bias often keeps people from making the best career decisions. Let’s back up a second, though. What is the status quo bias? From the earlier article: …

Reflections on Abandoning the 9 to 5, Four Months In

When I walked away from my nice and steady nine to five desk job in March, a lot of people asked for my reflections on it, and I provided my thoughts two weeks after quitting, which were almost entirely positive. Naturally, many of those readers wanted me to return to the topic in a few …

Categories: Careers

Review: Is Your Genius at Work?

Each Sunday, The Simple Dollar reviews a personal productivity, personal development, or business/entrepreneurship book of interest. A little while back, I discussed my thoughts on finding a career – in a nutshell, my belief is that the best possible career is one that balances your passions and your natural talents. Is Your Genius at Work? …

Is Money All There Is? Why Chasing the Big Dollars Isn’t the Answer for Everyone

Carlos left an interesting comment in yesterday’s article on finding a career: The “do what you love, and the money will follow” mantra is getting very old. My loser brother (and I mean that in the nicest possible way) has a Master’s Degree in social work from a well-known and prestigious university. He’s 39, and …

Categories: Careers, Frugality

How to Choose a Career – The Simple Dollar Way

There are a lot of ways to choose a career. Most of them are bad. Someone tells you, “Hey, you know, you should be a…” Bad. You started a job and just kind of stuck around because nothing better came along. Bad. You pick out a college major because it seems interesting at first glance …

Categories: Careers

The Difference Between a Job and a Career

Most of the emails I get from people asking for advice about their employment situation stem between a confusion between what a job is and what a career is. A job is simply something you do to earn money. Career advancement is not something you’re interested in there and the work often doesn’t interest you …

Categories: Careers

Review: The Renaissance Soul

Each Sunday, The Simple Dollar reviews a personal productivity, personal development, or business/entrepreneurship book of interest. When I was in college, I switched majors three different times, bouncing around the hard sciences and the humanities like a rubber ball and finally settling on multiple majors that balanced my interests. I started down the path of …

Is Your Career Really Your Most Valuable Asset? I Say No

I came across an article recently at Free Money Finance that argued strongly on behalf of the idea that one’s career is their most valuable asset. To quote: But I wanted to have one post where I listed the main reasons I think it’s so important to your financial health, so here goes. It pays …

Get Personal & Professional Value from Idle Web Surfing

Given how the usage of The Simple Dollar spikes during the normal workday in the United States (this phenomenon occurs on many other blogs, too), it’s easy to conclude that many visitors visit the site during downtimes during their workday, seeking information to improve their financial lives and their career. While this is an effective …

Who Do You Work For?

Yesterday, I made a feeble attempt to explain what I now do for a living to an eighty eight year old woman as we stood in line at Fareway. The line was pretty long and I had helped her earlier in the store to put some cat litter in her cart, so I said hello …

Categories: Careers

Early Reflections on a Career Change

Friday, March 14 was my final day at my old job. I packed up my desk, said my goodbyes, and walked out the door into a brave new world. As most of you know, I quit that job, not because I disliked it (in fact, I liked it quite a bit), but because I made …

Taking Control of Your Own Destiny at Work

One of the biggest fears I had during my time as a “9 to 5″ office employee was the level of uncertainty. I was never completely certain that my job was secure, and I rarely knew what actions I should be taking next. Quite often, I’d just take my best guess and stab in the …

Categories: Careers

How Quitting My Job Saves Me $8,000 a Year

As my final day at my “real” job grows ever closer, I’ve started reflecting in detail on the numerous changes that are going to happen in my life. In essence, most of the routines of my normal day are going out the window and I’ll be forced to find new grooves. This led me to …

Categories: Careers, Frugality

10 Ways To Earn Additional Income From Your Passion

Most people have a thing or two in their lives that they’re deeply passionate about. Perhaps it’s volunteer work or local politics, or maybe it’s making soap or writing. If you have a true passion for something, it’s well worth your time to try to dip your toes deeply into that passion and see if …

Financial Planning for Self-Employment: What’s Different?

As I move away from the standard paycheck-based income and into a self-employment status, I’ve begun to think seriously about how I need to plan things throughout the month to make sure all of the bills are covered. I’m not worried about paying them – we have plenty of income and a good emergency fund …

Money Management Tips For College Students

Here’s what you shouldn’t do. When I was in college, I used my student loans to finance my lifestyle. I worked at a decent paying job ($9 an hour at a job related to my major was great), but that wasn’t enough – I needed more. So I took out student loans, even though scholarships …

Interview Questions: 25 Top Questions & Answers

I’ve mentioned a few times on The Simple Dollar that I have conducted a substantial number of job interviews in the past. Although the jobs I usually hire for are technical in nature, most of the truly telling (and thus truly valuable) interview questions were non-technical questions. A great interview question reveals the nature of …

Categories: Careers

The Value of Investing in Yourself

For many young people, particularly people under the age of thirty, there’s quite often more value in investing in yourself than there is in investing in stocks. A well-conceived investment in your future can continue to pay dividends over the rest of your life. Some investments in yourself can even be worthwhile near the end …

Become a subscriber of The Simple Dollar and get a free copy of Trent's e-book today plus exclusive updates.