One of the greatest assets you have is your career. Rick Kahler does a great job in this article explaining why this is so important and has some excellent advice for using your career as a financial asset. Let me know your thoughts.
Is your career part of your net worth? Should you include it as an asset class in a diversified investment portfolio? While we consider careers as essential aspects of financial and professional success, few of us think of or manage them as financial assets.
Michael Haubrich, CFP, of Financial Service Group, Inc., in Racine, Wisconsin, encourages clients to think of careers this way. Some of the following ideas come from his new book, Career Asset Management: Getting Ahead, Staying Ahead and Using Your Head to Maximize Your Career Value.
If you consider your career an asset, then managing it means paying attention to the return you get from that asset. Here are a few things to consider in order to get the most value from a career.
1. Keep in mind that the most important return on investment from a career is not necessarily financial. The value of a career is much more than just the money you earn; it includes a host of less tangible but vital rewards like the satisfaction you get from your work and the fulfillment that comes from following your dreams and using the talents that make up your unique genius.