No matter your profession or how rigorously you work, sooner or later you will likely feel a need to step back from your life and reassess. What trajectory is your career taking? Are you entirely happy with the way your life has turned out? As existential as these questions are, they’re not uncommon to wrestle with!
Consequently, many people find themselves on a hiatus of sorts. They’ll typically go on a career break, but unfortunately, bad credit can start to follow up soon after. But how does this happen, and how can it be solved?
Therefore, here’re the solutions to the age-old links between career breaks and bad credit.
Caring for yourself
Society has taught us all that the role of adults is to build careers and stay active in the workplace. To be independent, confident at all times, and bulletproof no matter what comes our way. Well, obviously, this is an utterly unrealistic expectation. You and your job are not one in the same – they’re two separate entities, and you’re the most important of the two.
A career break means you’re on a journey of self-discovery, so start this process by getting back in touch with yourself. Volunteer, travel, get some daily exercise, better your diet, and work on yourself for a while. What do you love about life? Why do you get up each morning? Get yourself in a better state of mind, because only then can you excel in any career you pursue!
Financing your break
Obviously, if your career break is underway, you may find yourself struggling in the financial department. Without a job, you’re without a reliable income. Therefore, your credit score will start taking a nosedive too. Late bill, mortgage or rent payments will have an impact on your financial history, and you’ll eventually find yourself backed into a corner. First, you need to stall that trip to said corner!
So, how can you finance your break? Well, you may need to take the cheaper road; changing utility suppliers, shopping for more affordable goods, switching insurance policies, and giving up bad habits like drinking and smoking. You can even make a fresh start with your finances with a bank account for bad credit– all while maintaining a healthy credit score!
Further career opportunities
It can sometimes be the case that when you’re at your lowest ebb, the opportunities start coming. Unfortunately, many people find themselves too bogged down in their doubt and self-hatred that these incredible occasions past them by. Subsequently, it’s worth remembering; you’re on a break, and not at the end of the road!
For example, in 2017 it was reported that mobile brand Vodafone were keen to employ women on career breaks, so even if your CV has had a gap for a while, you’re still most definitely employable! Keep busy, stay headstrong, and who knows what could happen? Whatever you do, don’t sit and wallow – it’s okay to press the pause button on your life, just remember to eventually press play too!
It’s important to realise that there’s nothing final about a career break or a bad credit score. Both situations can be resolved with the right mindset and desire for change, so instead think of these things as an opportunity. Any improvements made here can lead to a better quality of life in the long term. In the end, you can absolutely rebuild from here!