Monday, August 13, 2012

Improving Your Work Life

It’s Friday, people, and I wonder if some of you who are reading this are counting down the hours. You’ll be free from the prison in eight, seven, six hours. Or maybe this is the middle of the working week for some of you. Or, there’s no such thing as a weekend in your line of business. All of these things have significant consequences for your personal finance. If you sometimes wonder how work and career can be a personal finance issue, consider this. We spend one-third of our time in our jobs, for over half of our lifetimes. The quality of life we have at work spills out into the quality of life we have outside of it, along with providing the means for good personal finance. I’m surely not alone in thinking, also, that unhappiness at work can often lead to other personal finance issues, such as binge spending or frequent job changes, causing a loss of income. Getting your work life right can have significant personal finance benefits. Here’s how to improve your work life.

 

Hours

Restaurant owners have called the end to the working week. The banks are doing much the same. The concept of everyone walking out cheerily at 5pm would make many people working in offices laugh. Flexibility and the changes in parental arrangements has been used by a lot of businesses to end the sanctity of the working week, and the effect on families (and personal finance) has been immense. Perhaps the first step would be to look at the amount of hours you’re doing at work. Before immediately writing it off as necessary, write down the pros and cons of your hours. Sure, you might make extra money but maybe you could save that money by working less hours? Or if it’s about career advancement, the time might have come to discuss the rewards of all your hard work with your boss. Consider your priorities, and start thinking about reducing your hours to allow for all your priorities to fit into your life.

Variety

Working at one job for too long is impossible for me. I work in hospitality, not because of the fantastic hours or excellent pay, but because it provides the stimulation and variety I find necessary for my working life. Whatever your job, variety is an important way to stay engaged. Be upfront with your employer, and say you’re looking for new challenges. Start thinking about how best to prepare for the next step in your career. Take a course to find some new skills to bring to the workplace.

Politics

A killer of any workplace; office politics can quite easily make your working life a total drag. Who wants to go, or stay, at work five days a week if you spend half your time ducking for cover? If it’s causing you a lot of stress, consider telecommuting a couple of days a week. You’ll probably be more productive, and far happier in your work.

Balance

There are a million reasons we work hard. But if we’re working too hard- and what that means can be different for every person- it can throw the rest of our lives out of kilter. Our health, relationships, ability to manage our lives out of work- these can all fall by the wayside. Try and sit down and take some time to think about your job. What bothers you about it? Can you change it? Can you change your approach to it? Improving your work situation, whether within your current workplace or- if nothing can change- at a new one, will have great benefits to the rest of your life

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