Photo: Bram Naus

Let's face it: not every first, or second, or fifth job is the perfect position that a person has dreamed about since they were eighteen. The truth is that part of what makes a career successful is one's ability to change. That might mean changing jobs a dozen times or even changing career fields. These choices to start over are not failures; they are steps in pursuit of success—they show intelligence, courage and drive.

You are a person containing dreams and fears, ambitions and anxieties. You might have answered every "when-you-grow-up" question since you were eight with "elementary school teacher" but, when you finally earned that position, the school's principal turned out to be unorganized and the other teachers were unfriendly. Even a seemingly perfect position might land you in a negative workplace. There are so many reasons you might want or need to change jobs. The first step is realizing that you do want to change and that this change will be a positive step in your successful career.

Recognizing that it's time

This first step is tricky because everybody moans, jokingly or not, about Mondays and working late and unreasonable bosses. It's when you realize that you dread Mondays—that you have trouble even enjoying Sundays because Mondays come next—that a change is necessary. Some signs that this is the case:

  • You're as stressed about going to the job as you are about doing the work it involves.
  • You feel stuck without hope of advancing.
  • You don't feel comfortable with coworkers and weekly meetings are demoralizing.
  • The quality or timeliness of your work suffers because of anxiety or disinterest.
  • You feel that you deserve a better salary for your level of experience.
  • Evaluation of your work is irregular or nonexistent, leading to constant fear that you aren't succeeding.

These signs indicate that the job is simply not right for you. It is not your fault. But it is your responsibility to admit this and take action to rectify the situation.

Leaving a job

Changing jobs might, at first, seem like adding work and stress to an already draining situation. It is undoubtedly work but it's work that will move you away from a negative position and closer to your perfect job. If you are leaving a good employer because you want to advance, it will be easy to remain polite and respectful during your exit. However, if you are leaving a particularly bad position, it is equally important to act professionally. You cannot throw away work relationships or a potential employer reference by ranting on social media or sprinkling your letter of resignation with shade.

To a boss you liked working for, consider offering help during the transition process. Give two weeks' notice and write a polite, gracious resignation letter. Make the best of a possible exit interview by focusing on what you learned and liked. If you've had a good relationship with your employer, you can even ask for a letter of recommendation.

Leaving a job you hated is trickier, emotionally. Start with yourself: remind yourself that leaving this job respectfully is part of the road to your dream position. Realize that you're intimidated by a job search and unhappy in general because of the job you are leaving and that things will become better when you've moved on. Do not surrender to anger or impatience: even the worst employer could be a reference in the future. Ignoring your pride and frustration is important in moving to your next position quickly.

If you have to, write out your rage on a loose-leaf paper and tear it up into the trash. Then, calmly, carefully write your respectful resignation letter. You can find the positives: was there one coworker with whom you connected? Did you learn anything from the job? (You did, like it or not.) Finally, do not post to social media unless you are prepared to praise the job you've despised and thank its employees and administration.

Post-job job searching

In most cases, it's a good idea to start your job search before you've fully resigned. While it should be kept private, searching before you've left allows you to talk to potential employers about your decision to look for advancement rather than explain why you suddenly left a position without preparing your next step.

If you're changing careers or fields, consider taking free or paid online courses to build skills and boost your resume. Some offer certificates and others will show up on your LinkedIn profile. All of them will make you more confident in your change and in the interviews that come with it.

The most important key to a strong job search is reminding yourself of the reasons that made you start it. You suffered long enough in a bad position or you've been ready for months for advancement after a stagnant job: either way, you're moving closer to your dream position. Aim carefully for it. Start your search with that dream burning brightly in your mind. You deserve that job and, now, you're closer to it than you've ever been. It took courage to admit that you weren't satisfied. With that same courage, push for the best for your life and career and find your perfect fit.

Tom Twardzik is a writer covering personal finance, productivity and investing for Paypath. He also contributes pop culture pieces to Popdust, travel writing to The Journiest and essays to The Liberty Project. Read more on his website and follow him on Twitter.

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Developing further skills can boost your career at any stage.

Whether you are looking for a new job or trying to grow in your current one, getting a certification can be a great way to improve your skills.

Anyone can put that they are proficient in a computer program on their resume but having a certificate can help you stand out amongst the competition and give credence to the strength of your skills.

But what's the best way to invest in yourself without breaking the bank? Some certification programs can cost hundreds if not thousands of dollars. We are going to walk through six of the best certifications you can get for $100 or less.

Tableau

Tableau's data visualization capabilities are comparable to Domo and Power BI.

Who is it best for: Those who work with analyzing and presenting data.

Cost: $100 for Tableau Desktop Specialist; additional certifications are available for a larger fee.

More companies than ever see themselves as data companies. Being able to understand data and use it to guide decisions at your company is often critical to taking on a leadership role. Not to mention, being able to present the data in a clean, attractive, and compelling way can help get buy-in from others in your organization or clients. That's why Tableau is a great tool to have in your toolbox.

Tableau allows you to create interactive visual analytics dashboards. In layman's terms, you can take data; create graphs, maps, or charts; and then allow end-users to interact with these graphics to better understand the information. It's a fantastic tool allowing non-technical users to gain insights for data-driven decision-making.

Tableau Desktop Specialist certification starts at $100 and has no expiration date. There are many videos on Tableau's site to prepare for your exam as well as Tableau Starter Kits allowing you to play around and learn the different capabilities of the program. Tableau offers a 14-day free trial as well as free license for one year for students.

Additional certifications after Desktop Specialist are Desktop Associate and Desktop Professional. Those working with a Tableau server may also be interested in a separate certification as a Server Associate or Server Professional.

The Federal Reserve sets the guardrails for the federal funds rate, and through that helps control the money supply for the nation.

When you take out a loan for a car, charge something to your credit card, or get a personal line of credit, there is going to be an interest rate that applies to your loan.

A lot of different factors go into what you will be charged, including your own personal credit score. But even those with flawless credit still see a minimum charge that they can't get around. That all goes back to the Federal Funds Rate.

One thing consumers rarely realize is that all of our banks are lending money to each other every night. Banks are legally required to maintain a certain percentage of their deposits in non-interest-bearing accounts at the Federal Reserve to ensure they have enough money to cover any withdrawals that may unexpectedly come up. However, deposits can fluctuate and it's very common for some banks to exceed the requirement on certain days while some fall short. In cases like this, banks actually lend each other money to ensure they meet the minimum balance. It's a bit hard to imagine these multibillion-dollar financial institutions needing to borrow money to tide them over for a bit, but it happens every single night at the Federal Reserve. It's also a nice deal for those with balances above the reserve balance requirement to earn a bit of money with cash that would normally just be sitting there.

The Federal Reserve The Federal Reserve


The exact interest rate the banks will charge each other is a matter of negotiation between them, but the Federal Open Market Committee (FOMC) (the arm of the Federal Reserve that sets monetary policy) meets eight times a year to set a target rate. They evaluate a multitude of economic indicators including unemployment, inflation, and consumer confidence to decide the best rate to keep the country in business. The weighted average of all interest rates across these interbank loans is the effective federal funds rate.

This rate has a huge impact on the economy overall as well as your personal finances. The federal funds rate is essentially the cheapest money available to a bank and that feeds into all of the other loans they make. Banks will add a slight upcharge to the rate set by the Fed to determine what is the lowest interest that they will announce for their most creditworthy customers, also known as the prime rate. If you have a variable interest rate loan (very common with credit cards and some student loans), it's likely that the interest rate you pay is a set percentage on top of that prime rate that your lender is paying. That's why in times of low interest rates (it was set at 0% during the Great Recession), a lot of borrowers should go for fixed interest rate loans that won't increase. However, if the federal funds rate was relatively high (it went up to 20% in the early 1980's), a variable interest rate loan may be a better decision as you would be charged less interest should the rate drop without the need to refinance.

The federal funds rate also has a major impact on your investment portfolio. The stock market reacts very strongly to any changes in interest rates from the Federal Reserve, as a lower rate makes it cheaper for companies to borrow and reinvest while a higher rate may restrict capital and slow short-term growth. If you have a significant portion of your investments in equities, a small change in the federal funds rate can have a large impact on your net worth.

Getty Images/Maria Stavreva

Whether you're leaving a job involuntarily, departing for something new, or just want to prepare for the unknown, it is smart to understand all your options regarding your 401k.

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