career change, career decision, new career

Good morning Dinks.  Have you made a career change lately? You may remember that I have.  Over a year ago I said good bye to the world of personal finance that I had been a part of for over a decade and made the decision to start a new career in corporate communications.

Starting over in my 30s

I parlayed my blogging experience into a full time career in external communications with an international investment firm.  I did a full year in this position and in February I made yet another move.  I saw a job posted as a community manager with the same company and once again I used my blogging experience, online knowledge and personal network to land a full time job as a community manager with the same investment firm.

All you finance lovers know that banking and investments are highly regulated industries so being online is something quite new.  I am the first community manager at my firm and I think it’s a wonderful opportunity.  However my finance friends disagree.

My friends think my new career is a phase

After working in a certain industry for a long time your life seems to revolve around your career.  When I was working in banking all my friends also worked in banking.  To this day all my friends still work in the financial services industry, some in banking, some in financial planning and some in investment management.  Needless to say my money friends don’t understand my creative career change.  They just think it’s a phase and keep asking me when this part of my life will be over and when I’ll come back to financial planning.

My answer is always the same “It’s not a phase and I am actually happy at my job now.”  There is a lot of pressure to sell when you work in banking and financial planning.  Although the money was good, had a salary plus a quarterly bonus, I was not happy.  After the market crash the financial industry became all about making money and less about customer service and that’s not a change I adjusted to very well.  I believe a financial planner should manage relationships and have the knowledge to help their clients; not just push whatever product the bank wants to sell that week.

You just never know where your career will take you

My entire education was in personal finance.  I lived my life around money and investments and I thought I was happy….until I started blogging.  I always loved writing and did it all through high school, but when it was time to start applying to universities my parents wanted me to choose a more concrete major.  Economics seemed like a good place to start.  I quickly became obsessed with money.

After the market crash I lost a lot of my income because I wasn’t selling any investment products at the bank.  I started blogging as a way to supplement my income but what really happened is it reignited my passion for writing.  I went back to school to study journalism – I’m now paying for it myself so I can study whatever I like.  I used my blogging experience and journalism degree to land my dream job and to be honest the money isn’t that different from financial sales.  Overall my emotional wellbeing and my financial situation have improved since leaving banking and I don’t regret the change.  My friends may not understand it, but it was the best decision I ever made.

Photo from Flickr

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Tahnya is a Certified Financial Planner and former Investment Advisor turned marketing and communications professional She holds a degree from Concordia University, is debt free and currently works in the field of digital marketing.


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Avatar photo About Kristina Tahnyak

Tahnya is a Certified Financial Planner and former Investment Advisor turned marketing and communications professional She holds a degree from Concordia University, is debt free and currently works in the field of digital marketing.

MANAGE YOUR MONEY TOGETHER

Here are some simple guidelines for DINKS to build wealth:

1) Collaborate: Meet regularly to talk about money, set goals together, track and monitor them.

2) Understand and respect your partner. Take time to understand your partners values about money.

3) Watch the numbers. Get a budget, monitor your spending and track your net worth.

4) Max your retirement. Maximize contributions to your tax deferred retirement accounts.

5) Invest in stock. Stocks perform better than bonds or cash.

6) Avoid high interest debt. Credit cards and title loans are financial cancer.

7) Diversify. Don't put all your eggs in one basket.

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