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    Sticky Money Monday: Help, Should I Take the Leap into a New Field without Experience?

    enFebruary 12, 2023

    Podcast Summary

    • Explore investment performance with Sharesight's comprehensive dashboardSharesight's investment dashboard offers deeper insights into your portfolio, supports over 500,000 stocks, ETFs, and funds, and integrates with over 200 platforms. Consider their annual premium plan for advanced features.

      Sharesight's investment dashboard provides a comprehensive view of your financial performance, allowing you to organize and access your entire investment portfolio in one place. With support for over 500,000 stocks, ETFs, and funds, and integration with over 200 platforms, Sharesight offers deeper insights than traditional brokerage statements. Plus, for those looking to explore performance metrics, streamline tax reporting, and share their portfolio, Sharesight's annual premium plan comes with a special deal of four months free. On a different note, during this week's Sticky Money Monday segment on Girls That Invest, a listener shared their situation of feeling burnt out from their current job and considering quitting to explore a new field and go on a working holiday in the UK. They also shared an opportunity to transfer to their company's new office in the UK, which offers a less demanding role and a chance to improve their skills. However, they expressed concerns about the lack of related knowledge and experience in the new field. The retired nice girls, Sim and Sonia, offered their unsolicited advice, encouraging the listener to weigh the pros and cons, consider the potential risks and rewards, and ultimately make a decision that aligns with their long-term goals and well-being.

    • Weighing the pros and cons of joining a new team in a different countryConsidering a career move abroad? Evaluate the benefits of a stable income, new experience, and potential visa assistance, while also acknowledging potential challenges like a less relaxing work environment and starting over in a new field.

      The individual facing a career decision between staying in their current role or joining a new team in a different country, despite the uncertainties and potential risks, should weigh the pros and cons carefully. The decision to join the new team offers the benefits of a stable income, a new experience in a desired location, and potential assistance with visa processes. However, the individual may also worry about the potential for a less relaxing work environment and the challenge of starting over in a new field with new employers. Ultimately, the decision is a personal one that requires careful consideration and a deep understanding of the potential risks and rewards. The individual's thoughtful and introspective approach to the decision-making process is commendable and demonstrates a mature and responsible attitude towards their career.

    • Considering major life decisions involves acknowledging risks based on assumptionsAssess personal readiness, consider factors like financial stability and personal satisfaction, and communicate concerns to new team or employer when making major life decisions.

      When considering a major life decision like changing jobs or moving to a new country, it's important to acknowledge that many risks are based on assumptions. However, there's an opportunity to communicate your concerns and adjust expectations with your new team or employer. For instance, if you're considering moving to a new country to join a startup, be aware that it might be a stressful environment with a heavy workload during the initial stages. Ultimately, the decision comes down to trusting yourself and assessing whether you're ready to take the risk and make a change. Factors like financial stability and personal satisfaction should also be considered. It's essential to weigh the pros and cons carefully and determine if you're willing to take the leap. Additionally, keep in mind that job markets can vary, and switching industries or roles might be more challenging in certain circumstances.

    • Streamline contactless payments with Stripe's tap to pay on iPhoneAccept payments directly from iPhones, expand reach, increase revenue, and enhance customer experience without additional hardware.

      Every business transaction holds significant value, representing the hard work and dedication of business owners. To simplify and streamline contactless payments, Stripe introduces tap to pay on iPhone, allowing businesses of all sizes to accept payments directly from their iPhones without additional hardware. This game-changing solution increases revenue, expands reach, and enhances customer experience, making it a win-win-win situation for businesses looking to scale quickly and stay flexible. Additionally, taking a break from work, such as traveling to a new country, can provide valuable time for personal growth and reflection, especially when one has savings and the flexibility to do so. Regarding setting boundaries, it's essential to communicate clearly and thoughtfully, recognizing that there may be valid reasons for opposing a perspective without dismissing the value of the discussion as a whole.

    • Joining a new team: Establishing new boundaries and potentially reinventing yourselfUnderstand new culture, adjust communication styles, maintain boundaries, and choose your own path when joining a new team.

      When joining a new team, whether it's in a new location or not, there's an opportunity to establish new boundaries and potentially reinvent yourself. Communication styles and work expectations may differ, so it's essential to understand the culture and adjust accordingly. Subtle signals, such as not replying to emails outside of working hours, can convey commitment while maintaining boundaries. If possible, taking a breather before joining a new team can help settle in and adjust to a new environment. Ultimately, choosing your own path requires careful consideration and planning, but the decision-squarely rests in your hands.

    • Caring for mental and emotional wellbeing during transitionsPrioritize self-care to avoid burnout, reach out for help with financial questions, and always do your own research before making investment decisions.

      Taking care of your mental and emotional wellbeing, especially during times of transition like moving to a new country, is crucial for avoiding burnout. The hosts of Girls That Invest shared their personal experiences and emphasized the importance of prioritizing self-care. They also encouraged listeners to reach out for help if they have financial questions, and reminded everyone that the advice provided by Girls That Invest is for educational purposes only. Always remember to do your own research and use due diligence before making any investment or financial decisions.

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