Category Archives: Career Seeking

Financial Secrets Every Job Quitter Should Know

So, you hate your job and want to quit? Are you really ready to do something like this? Don’t forget the everyday costs you have! While it is your personal choice to decide when to quit a position, it is also important to realize that decision has to be owned. If this is going to put you in a bad financial situation then you should wait. It’s smart to be wise and think twice! Let’s discuss some options and tricks that might help you make that smarter decision today! Many Canadian families rely on both partners working, so if one ups and decides to just quit–there has to be a strategy. Let’s examine some thoughts.


If you’re going to quit your job you really have to have some kind of financial backup plan. Let’s face it. No one can just up and quit work without dealing with some kind of financial distress–that is, if they have no plan in place. Just to begin, you have to analyze your financial circumstances very well and determine if this is really the year that is right for quitting your job. Only you know if it is the right time for attempting to start over somewhere else. If you’ve been preparing for such a move, then that is great. If you have not then you need to make certain you have enough to sustain you and your family for several months. This will alleviate a great deal of financial stress.

Right now, 47% of Canadians are committed to staying on track financially, which is great. With this in mind, it is pretty certain hasty work decisions are minimal, but of course, things can happen too. When you’re resolved to be financially ready to leave your job, then you have a step up. This is a good thing. However, if you are intent on finding a career position that is going to help you gain a foot hold over debt and assist you in meeting financial goals–right now might be the best time.

The following tips and strategic advice might be helpful to Canadians who are unsure where to start, what they should be doing, and what needs should be in order. Hopefully those leaving their current positions have started banking resources and have a starting plan.  Let’s now turn to some helpful advice and tips now.

The Importance of Cutting Expenses When Quitting Your Job

Of course it makes rational sense to cut back on your expenses when you quit your job. Even if you have a nest egg put back, this can go fast with no income coming in. Once you’ve made that step into new territory you have to itemize and make priorities. You have to be willing to cut back on excessive items and with regard to food, you have to be more willing to go with no name brands on some items. Of course, this isn’t forever, but it is until you find that position you’ve been searching for.  The below list will help you stay on task and keep the important things in order!


  1. Make sure you have your mortgage in order–Banks don’t care about why you left your job, they only care about ensuring they get paid! You have to make certain you can pay your mortgage and keep a roof over you and your family’s head. This is when you have to know where to cut back and what is most important to pay on time! Also, if you don’t own a home yet, quitting your job could really hurt your chances down the road. Banks frown on those who just up and quit. This could impact your chances for more than 3 years, so once again–have a plan!
  2. Don’t let tax time catch you unprepared–If you quit your job to start out on self employment you need to have an idea of what those end of year taxes are going to be like. It might not be the wisest decision to run your own freelance business at this time. Decide if you’ll be doing better financially working on your own and choose wisely! This has to be sustainable for the long-term. There is no skirting taxes.
  3. Don’t take out loans and don’t borrow from anyone–You have to stand on your own two feet, so forget a loan or borrowing–even if this is from family. Once you make the decision to quit your job you have to own it and accept the consequences. Be prepared and ready!
  4. Create consistent income–If you’re going to work for yourself then you’re going to have to develop a plan to guarantee the same amount of income week to week and month to month. There can be no variation if you’re going to meet all financial goals and save money too. Be smart here and know what you’re getting into!
  5. Don’t just count on will-power–If you don’t devise a way to save money before you even see it, will power alone won’t help you much. Most people always find an excuse to spend, but if you can have money taken from your pay before you even get it, that guarantees saving and having when you need it the most!




Learn How Leaders Maintain Their Composure and Remain Secure


Life  is demanding and stressful. For many Canadian families there is constant worry or some form of anxiety lurking.   Sometimes it comes from simply feeling like you’re trying to do it all.  And sometimes life is just difficult period. Natural leaders have discovered ways to manage stress and maintain their composure in order to stay ahead of the game. Canadian professionals who can learn how to overcome personal problems on the job, and juggle other responsibilities at the same time are the very ones who manage their finances perfectly too. Well—maybe not perfectly, but pretty darn close to it.

Now, to be sure, mistakes happen on the job, there’s no getting past that. But, if you remain calm and recover, you’ll be more productive and definitely feel better.  Recently, research from Harvard Business School has shown the proper way to remain calm. It is amazing how so many go about this the wrong way and only stress themselves more. If you can begin to welcome a challenge, and effectively overcome it with excitement—you just might be one who can be successful in all facets of your life!  However, if you try to force yourself to be calm you can end in disaster! So, know the right ways to keep your composure in any situation on and off the job!

Don’t be too hard on yourself, but do get your head on straight!

Manage Those Emotions and Improve Your Performance

Young successful businessman

 Let’s examine how work behavior improves your financial management skills!

None of us like making mistakes, but remember—these can happen.  The first thing that you need to be aware of is to not beat yourself up over and over, because this isn’t going to help you achieve a state of calmness nor rectify your problem either.  The best thing an individual can do is to funnel their energy into moving past their mistake and focus on the things they can change to become better.  Once again, with this kind of attitude, hard workers can also excel when it comes to managing their personal finances.  In fact, the goal here is to show career professionals within Canada that their work behavior has an impact on everything they do—especially with how well they control and spend their money.

  • Just like making a business plan can help keep you on track professionally, this can also teach you to do a budget plan to properly manage your wallet!  They go hand and hand, one helping the other.
  • Being conscious and aware of past mistakes can carry over and help you to pinpoint financial mistakes and avoid these from being carried out again!
  • Remember in your career you funnel your energy into positive ways to avoid mistakes—this can help you devise a financial plan and vision for the future.  Where do you want to be financially 10 years from now?
  • Just like you work with your co-workers in a collaborative way, you should work with your significant other on how to better manage and plan your finances for a brighter future.
  • When you commit to being the best employee of your company, you can also take this and commit to being the best financial planner in your family!  Becoming more responsible with money is important, and it takes commitment.

All of these tips and ideas are meant to help you be successful in every area of your life. If you apply just a few of these to your career and your personal life you might be able to let go of anxiety and stress and live a more productive, happy life!  Give it a try and just see what happens.


Time Management Can Lead To Financial Freedom


Time management is critical to Canadian career professionals. For a moment–think about those who work in a professional position all across the globe. Time management is effective for every single one of them. Have you ever heard that phrase: time poverty? The mismanagement of your time really can lead you down a road of poverty–a circumstance we’d all like to avoid if possible. The good news is that this can be avoided and it all starts with the individual. If you want to grow your income, reputation and career success in general then you have to develop a calm time strategy to increase your productivity and get the job done well every time!

If you can do this then you can do just about anything. Time seems to block all of us from achieving our goals, but as mentioned, planning a strategy to organize your time and meet your priorities will make a difference. Life has simply grown in complexity, especially business life. Time pressure is deadly, crushing and poverty causing. If you want to really improve your productivity, make a larger income, but do so without feeling overwhelmed, the following tips we are going to share with you here will be beneficial. Are you ready?

Stop Working Against the Clock: Develop Time Literacy


Yes, time literacy helps you avoid time poverty and ensures you have success and a stable life. It ensures you are in charge of your business and personal life in a comfortable way. You don’t feel crunched or in debt when you’re more aware of what time literacy is all about! What you do need to do is be accountable for how you use your time. For instance, just like managing money–how you work and what you invest determines your success. Let these below tips be your guide:

  • Begin understanding the concept of time and look at it like your paycheck
  • Create assets in the time you have specified
  • Start understanding assets grow income 
  • Know time equity can impact your financial equity
  • Stop saying you don’t have enough time
  • If you work from home, identify distractions and do something about them
  • Work on things your really sincere and passionate about

If you don’t have time planned appropriately you’ll not have the amount of finances you really need, or want. It’s a fact. So, how are you going to start building an appropriate time saving plan from here? Who are you going to hold accountable for meeting work goals? Of course, these are all small steps, but they will lead you to financial stability for the long-term! Time is definitely what you make of it, and don’t take advantage of that!




Popular Reasons You Should Never Get A Job 9 to 5



You don’t need a job 9 to 5? Now, that is a new one, isn’t it? It would be really exciting if it were true–but what if it could be? While we all do need a stable income to pay those routine bills and cover surprise expenses (plus more) there are more credible ways of doing this than just getting a job. Canadians who work overtime are found to be far less satisfied in life than those who don’t.  Just a few of the more common, and popular reasons you should avoid the 9 to 5, or get out of it are:

  • The 9 to 5 pushes you to work more, work harder and work faster
  • If you feel suffocated by your job and are listless, it might be time to get out 
  • If you want to manage your own work and hours you put in
  • If you feel hours put in aren’t matching the salary being received
  • You want to start your own creative adventure
  • You’re not making ends meet, though you work endlessly
  • And more…

A great example of all of this is online, where many are taken advantage of the money making opportunities clearly in abundance. Now, bear in mind, we aren’t speaking of some online scam or get rich quick failure. No, online money making ideas take time to, but they are far less stressful for those who want to make more money. We want you to remember, many people leave the 9 to 5 train to become self employed. This isn’t always about making money through a blog, sales, or designing an eCommerce site either. Creativity comes into play–BIG TIME!


The bottom line is: you don’t have to sell your services and skills into servitude! That is just wrong. We all deserve a decent income and we deserve to be well satisfied in our lives, from our work in particular. There are so many Canadians now who have found self employment to be more resilient and more satisfying than anything they’ve ever attempted before. Of course, in a self employment role you have to market and make contacts for yourself, but there are so many other things you can do too.

Let’s now look at some amazing ways you can make break away from that 9 to 5 right now and potentially earn a substantial income 

 Working For Yourself Might Be Better Than 9 to 5

9 to 5

So, naturally, working for yourself cuts out some specific costs, but there are downsides. For example, you have to be prepared for end of year taxes, meaning you have to have paperwork in order. Some find this a bit more stressful, but worth it in the end. Just one fact anyone leaving the traditional 9 to 5 rat race needs to be prepared for is the different structure. You’ll not be off on holidays and get paid like you used to–so, are you ready for that? You do determine your schedule, but you might find yourself working more than you did before. It happens! Still, if you want to break free, the following tips will help:

  • Begin building a strong online presence
  • Start cold calling and meeting new business contacts for growth
  • Be ready to manage your expenses and cut back until you meet your business goals
  • Start educating yourself on marketing and improving marketing strategies
  • Don’t procrastinate



The Best Methods For Conducting A Long Distance Job Search

Job-seekers meet with recruiters and career advisors at the Canada Job Expo held at North York Memorial Hall in Toronto, Canada, Tuesday, May 28, 2013. Galit Rodan/Bloomberg

When you have to move to boost your career goals, or to perhaps increase your financial stability–this should never become something that is impossible.  You can keep this from filling you with anxiety and stress!  The best thing you can do for yourself is stage and plan, just like when it comes down to building up savings.  Everything truly is about planning.  For example, if you’ve landed a job far from your current living situation the best thing you can do is learn as much as possible about the locale before relocating. It makes sense, don’t you think?  If you’re moving from Canada to the US–there is a lot to discover and learn.

The following below tips are sure to help you reestablish yourself in a new job within a new area without the hassle so many have to face.  Keep in mind, if you can learn as much about the location beforehand you’ll be better off.  For instance, understanding the economics of a new area to averaging living expenditures and more can make this kind of transition much easier.

Let’s look at some exceptional ways to enhance your new career and the building of a financially sound future!

Tips To Make A Transitional Career Move Easier

Tip 1:  Long distance job searches do require patience, so plan for it

Unless you’ve already been hired, you’re going to have to prepare for a long job search and a good deal of research. However, for many Canadians (or anyone in this position) it all pays off in the end.  What we recommend is to establish a plan, as previously mentioned.  Call upon friends and family when the time is near for relocating.  Also, be prepared to pay your own relocation expenses versus asking a new job if they offer this.  You’ll receive many more job interviews and hire potentials if you show you’re capable of this type of transition without assistance from a company you’re getting hired on with.  Something to consider!

Tip 2:  Share your willingness to start work ASAP–even when relocating

One of the very best ways to capture a potential employers attention is to put your new relocation address on your resume.  In this way future employers can see you’re already in transition and aren’t expecting any moving benefits from the company.  Also, if you can show that you can start work on the drop of a dime, a new employer won’t really care about you relocating.  In other words, you can take control and minimize the hassle that often comes with hiring someone from out-of-state.  Just proving you’re on top of it all and ready to work clearly makes a huge impression with an employer.

Tip 3:  Be ready to be flexible with salary negotiation as long as it is fair and balanced

When you show flexibility, employers are definitely more apse to consider you over other job applicants! Negotiating a rate that will meet a livable income standard for you is what you’re after.  And also a rate that the possible employer will find satisfying is certainly ideal!  This is some of the best advice job seekers can get!

Tip 4:  Do apply for a job that says “local candidates” if you really are interested

Don’t turn away from those jobs which mention only (locals apply).  It would be a mistake.  If you can show that you have your moving transition under control and are ready and able to begin working, then you’ll stand just as good of a chance as the next candidate will–even if you are out-of-state!