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How to Recession-Proof Your Career
The job market will continue to be..... funky
💸 To celebrate 3 years of self-employment, I am running a flash sale on my financial templates this week only! You can use the code 3YEARS for 25% off the Personal Finance Dashboard, Basic Budget Template, and FI/RE Planner! Thank you for being here ❤️
🚨 I have a free recession guide that goes into more detail on what we are discussing today if you’d like to download it HERE!
💸 Interested in lifestyle content? Come join me over on my personal instagram, @michela_alloccaa !! I’d love to have ya ❤️
MONEY
Recession-Proof Your Career & Professional Life
The job market has been a little funky over the last year(ish) and we are alllll really feeling it. Even as a creator I am seeing a shift this year in consumer behavior, brand behavior, and overall sentiment towards the online space. It’s a good example that no career is truly recession-proof.
All this to say, the status of the economy and the job market is outside of out control. And as you know, I like to focus my attention on the things that I can control.
In tandem with last week’s email, today I am going to share a few ways you can help recession-proof your career!
Let’s get into it.
1️⃣ Double down on transferable and soft skills
Transferable skills are professional currency; these are skills that can be leveraged across a variety of jobs and industries (think data analysis, project management, copywriting, etc)
Soft skills are the non-technical skills you have, like your ability to communicate effectively, build relationships, manage your time, and stay productive.
Action Steps:
List out your current skillset
Identify a few areas to focus on
Dedicate weekly time to actually work on them
What I am doing: I am focused on developing my content creation skills through different styles of content and expanding into lifestyle content. I am also developing NEW skills - specifically related to live media and events.
2️⃣ Up-level Your Network & Digital Image
Many (if not, most) jobs are filled through networking. Your network is your net worth, and whether you are seeking a new job or not - you should always be developing and nurturing your network!
Action Step:
Start saying yes to events! Push yourself out of your comfort zone
Schedule a coffee chat with someone new once per month
Update your online profiles! (specifically: LinkedIn)
What I am doing: I am taking most in-person opportunities that come my way! And I make an effort to reach out to one new person per month to schedule a coffee date. This has been fun in a new city!
3️⃣ Start Task Tracking
Task-tracking is for you!! Not your employer. When you keep track of the work you’re doing, as well as the value-add of that work, it makes it easier to update your resume, interview confidently, and advocate for yourself during important career conversations.
Action Steps:
Get the Own Your Career Template
Set aside 5 minutes daily to write your to-dos & value-adds
Spend 10 minutes weekly identifying your top 3 accomplishments
What I’m doing: I keep track of my daily tasks and projects, as well as the work that generates the most ROI for me (revenue, engagement, visibility, etc). Every month, I set new goals based on the insights I’ve gathered!
You can start task-tracking inside the OWN YOUR CAREER Template! You can also use the code 3YEARS for 25% off this template this week only ❤️
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RESOURCES
What’s Happening This Week at Break Your Budget
This week on Don’t Depend on Daddy: We’re talking SKIN!! And I’m sharing how I cleared up my hormonal acne that I got in my mid-20s. It was a combo of diet, exercise, birth control, and topical products which I share in detail in this episode!
Navigate a Recession: If you enjoyed todays newsletter, you’ll like this video. I dig a little deeper into how to play financial defense and prepare for (what could be) a recession later this year!
LOOKING FOR MORE?
Check out ALL of my Money & Career Resources!
Read by books, Own Your Money and Own Your Career!
Take your financial power back with The Personal Finance Dashboard, my comprehensive money management tool!
Up-level your career and get promoted with the Own Your Career Template!
Just getting started on your financial journey? Check out the Basic Budgeting Template!
Learn exactly how to put together a plan for your finances with the 4-Week Financial Plan!
xoxo,
Michela