Navigating a career change and managing your finances

Money coach and career change adviser Stacey Lowman shares practical systems and tips to navigate your career change and manage your money.

key takeaways

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Start living your new salary

This will give you a good idea of what your lifestyle will be like if your career change is likely to lead to a drop in income. Pay attention to how this feels for you.

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Use your safety net

Whilst you are in your old job, try to get paid for work in your new career direction. See what skills you need to develop, how it feels to do this work, and how much you can earn.

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Negotiate with your current employer

Not just your salary but your holiday allowance, location, working hours, skills and learning. There's lots of opportunity to make your current work fit with your new career direction.