Budgeting

How To Stay Financially Secure When Starting A New Job

The holiday season is upon us. It is a wonderful time of the year when we get a chance to spend time with family and friends while enjoying some holiday festivities. For many it is also a time of change. While so many focus on the Christmas season, many others are also focusing starting a new job or new career. Unfortunately, this can cause some unneeded stress on the finances. So, how can you mitigate this?

Plan As Much As Possible

This goes without saying, but planning for the change as early as possible with help. When you are in the job market and have the indication that you will be starting a new job shortly, you can begin to plan the transition from one paycheck to another. This is going to be especially important if there is a significant lad in the two paychecks. Saving a bit of extra from each paycheck prior to the transition will provide a cushion for you to rely on.

Do Not Stress About Gifts

During the transition from job to job, money can be tight. However, during the holiday time we often feel obligated to still purchase gifts for others. Although your feelings may incline you to do so, your bank account may be telling you something else? Something we all need to remember is the Christmas season is not about gifts. It is about spending time with others. Your family and friends will understand if you are between jobs, and you are not able to get gifts for them. Just be honest with them!

Changing jobs can be tough enough, don’t let the holiday hoopla make it worse!

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