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Columns | Go Far With Kovar

New Job, New You

by Taylor Kovar

February 14 , 2023
Hi Taylor - I was laid off a few months ago and took the opportunity to travel and enjoy life for a bit. Now I'm ready to get back to work and want to find a job I enjoy. Any thoughts for a 28-year-old starting from scratch?

Hi Joshua
- I hope the time off was refreshing! Nice that you were able to step out of the workforce for a minute and enjoy yourself. As for what you do next, start by thinking about what you generally want, then see if you can narrow it down to a few select fields.

1. Where do you want to be? Whether it's a new city or a specific part of the town where you currently live, where you go definitely affects how much you like your job. Maybe you take this opportunity to start working from home. If your last job had you sitting behind a desk and you got tired of that, perhaps you'll enjoy something a little more physical that has you working outdoors. If you aren't tied to your current location, there could be good jobs in an area where the cost of living is lower. Or, maybe you don't care at all about where you work and just want to find a company you love. "Where" is a good first question to ask yourself, no matter what the answer is.

2. How much do you need to make?
We all want big paychecks, but doing something you enjoy is much more important. By making a budget and figuring out what you need to make to get by each month, you could free yourself up to take an entry-level position at a company you like instead of heading straight for a management job at a company you aren't that fond of. Assuming you'll have opportunities for advancement wherever you go, crunch the numbers and figure out if you can start small without hurting yourself financially. Sometimes taking a pay cut proves to be the first step in a long and fulfilling career.

3. What industries are on the rise?
By giving yourself a blank slate, you have the opportunity to look at all the different job markets. If you were laid off from your previous job, maybe that's because your old industry is struggling, and it wouldn't be wise to try and go back. Instead, read about emerging business models and see if anything piques your interest. I've got a post up at TheMoneyCouple identifying 10 trending businesses that might give you some ideas for where to look.

My biggest piece of advice for your job hunt is to stay open-minded. The best job in the world could be hiding in plain sight, so be open to everything and don't sell yourself short. Good luck, Joshua!

Taylor Kovar

"Go Far With Kovar" February 14, 2023 Column


Legal Disclaimer: Information presented is for educational purposes only and is not an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. To submit a question to be answered in this column, please send it via email to Question@GoFarWithKovar.com, or via USPS to Taylor Kovar, 415 S 1st St, Suite 300, Lufkin, TX 75901.

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