5 Things You Should Consider Before Making “The Jump:” Episode 032
What if you have a good job, but you know there’s something else you should be doing with your life? What if you are considering a transition, but you are not sure if you should make the jump? Today, Dustin R. Granger, CFP® and I share five tips that will help you determine if you should “Go ahead and jump.”
Today, Dustin R. Granger, CFP® and I share five tips that will help you determine if you should “Go ahead and jump.” @DRGranger @Worthit_Podcast #worthitpodcast #MakeTheJump Click To Tweet
Here’s what you’ll learn
[0:45] You know there’s something else you should be doing with your life…do you jump?
[3:45] It’s now more acceptable to jump than previous generations!
[5:00] Tip #1 – Jump for more money?
[9:15] Tip #2 – Will the jump provide more freedom/flexibility
[10:30] Tip #3 – Will the jump save you time
[16:45] Tip #4 – Will the jump provide opportunities for personal development?
[20:30] Tip #5 Would the jump be more fun?
[25:15] Toujours Worth Software – Guided Wealth Portfolios
[27:15] Worth It Inspirations
Will the jump provide more money?
When considering a jump, money is usually where most people start. A pay raise can be a lucrative reason to make the jump, but Dustin R. Granger, CFP® says it’s a good idea to look at the whole picture, not just the additional cash you might earn. You might earn more, but does the jump mean your retirement planning or pension will take a hit? Is the pay better, but you will be working weekends and holidays? You will have to do your own research and then decide whether or not to make the jump!
Does the jump mean more flexibility or freedom?
Robert Greene wrote, “A lower-paying position that offers more room to make decisions and carve out little empires is infinitely preferable to something that pays well but constricts your movements.” When considering the jump, consider whether or not it provides more flexibility and freedom. If you can make better money and have more opportunities to grow, you might as well jump…If the opposite is true, that the jump would remove that flexibility, you might consider exactly what you would be losing, and weigh that along with these other tips to help you make a decision.
When considering the jump, consider whether or not it provides more flexibility and freedom. If you can make better money and have more opportunities to grow, you might as well jump! @DRGranger @Worthit_Podcast #worthitpodcast #MakeTheJump Click To Tweet
Will the jump save you time?
Did you know that if you have an hour commute to work every day, you will waste 16 whole days a year driving to work?! You want to make the jump, but will it cost you extra time? Valuable time that could be spent doing something important? This reason is a double-edged sword…not jumping could mean you are wasting a lot of time. Making the jump might mean your commute becomes much shorter. Mr. Money Mustache, a financial blogger thinks you should live within biking distance of where you live in order to be worth it!
Will the jump help you develop personally?
We have talked in previous episodes about having a personal mission statement and vision. Setting aside time to focus on these things is a critical element of the life planning process. If you are considering a jump, ask yourself “does this jump afford me opportunities for personal development?” Your best life is the one where you feel fulfilled and can make a difference in the lives of the people around you. Will this jump push you out of your comfort zone? If so, jump!
Jump because it’s more fun!
Easy question: Would this jump be more fun than your current situation? If so, maybe you should leave the grind and make the jump! Fun is not the only factor, of course, but it can be a telltale one! Maybe the jump means creating your own company, taking a few more long weekends, or finding a way to delegate tasks. Your joy meter is a great way to measure areas of your life that might be dragging you down. If it makes sense, don’t always be afraid to take the jump!
Easy question: Would this jump be more fun than your current situation? If so, maybe you should leave the grind and make the jump! @DRGranger @Worthit_Podcast #worthitpodcast #MakeTheJump #Fun Click To Tweet
Resources & People Mentioned
- 48 Laws of Power – Robert Greene
- Mrmoneymustache.com
- Ella Brennan Documentary
- Commanders Palace – New Orleans
- The Untold Tales of Armistead Maupin
Connect With Danielle and Dustin
- Connect with Dustin on Twitter: @DRGranger
When considering a #jump, money is usually where most people start. A pay raise can be a lucrative reason to make the jump, but Dustin R. Granger, CFP® says it’s a good idea to look at the whole picture, not just the additional cash you might… Click To Tweet
If you are considering a jump, ask yourself “does this jump afford me opportunities for personal development?” @DRGranger @Worthit_Podcast #worthitpodcast #MakeTheJump #PersonalDevelopment Click To Tweet
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