What Constitutes a Career Change? The agency’s reasoning makes a great deal of sense. We can define career change in many different ways. For some, it could mean switching occupational fields, while others may equate it with getting a job with a different employer. Still, others might say they’ve made a career change when they’ve advanced to another position within the same field. The BLS, in a press release dated March 31, 2015, released the results of a report that looked at the number of times people changed jobs....

gradyreese / Getty Images It can be unclear who should claim your child if you share custody with your ex. It might also be unclear who can claim your parents if you and your siblings help support them. IRS rules are complicated and multi-layered, but they make it clear who qualifies as a dependent and which taxpayers are eligible to claim them using a basis of financial support and time spent, among other criteria....

How you answer this question really depends on the job you are applying for, as well as the qualities the potential employer is looking for in an ideal new hire. For example, a television producer or registered nurse must be able to multitask, like a juggler in a circus ring. However, if you are applying to be a copywriter or massage therapist, multitasking is not as much of a concern....

After a Charge-Off Once your account is charged-off, you will no longer be able to make purchases with the account. However, you still owe the charged-off balance. The creditor will report a charged-off account status to the credit bureaus. This status will remain on your credit report for seven years from the date you first went delinquent. In the future, when creditors and lenders pull your credit report, they’ll see you once were late enough to have a charge-off....

If you’re hoping to buy a home on a single income, you should know that it isn’t impossible. However, solo-income homebuyers do face some unique challenges. Read on to find out how to buy a home on one income. The Hurdles of One-Income Homebuying It’s no secret that buying a home requires a significant financial investment: The median sale price of homes in the U.S. was $423,600 as of the fourth quarter of 2021....

Review tips on whom to ask for a reference, how to ask, which of your references to use depending on the role you’re applying for, and how to be sure that your references are giving you a strong recommendation. Types of References You Can Use When you’re job hunting, there are several different types of references you can use. These include: Academic references: Teachers, college professors, instructors, guidance counselors, career counselors, and vocational counselors....

Balance Transfer Introductory Rate and Period Many balance transfer credit cards a low or 0% introductory interest rate for balance transfers. The introductory interest rate will reduce or eliminate monthly finance charges on your balance transfer for a certain period of time. The absence of a finance charge makes it easier for you to pay off the credit card balance. A 0% interest rate is ideal, but a low-interest rate - like 2....

If you’re an investor, you have options. If you’re in a position where you need to come up with emergency money, several possibilities are available to you that might not be possible for non-investors. 1. Create a Temporary Line of Credit If you’ve been diligent and disciplined, the odds are good that you have built up a respectable brokerage account outside of your retirement accounts. If you’ve been at this long enough and have a decent job, you’re probably in the six-figure range; for example, a 40-year-old that began investing $5,000 per year at 22 after graduating and landing their first job would have just shy of $228,000 assuming an average rate of return....

A debt elimination plan gives you a good grasp of your finances while setting actionable repayment targets. Although paying off your debt won’t happen overnight, a good repayment plan can help you stay both motivated and committed to improving your finances. Here’s how you can create a debt elimination plan and get back on track with your budget. Make a List of Your Debts The first step in a debt elimination plan is to make a list of all of your debts....

Common Personal Issues in the Workplace A number of personal issues make their way into the workplace and can disrupt workflow. Financial Problems If someone is coping with financial problems such as overdue credit card bills or past-due mortgage payments, it can be hard to leave those issues at home. In a December 2021 survey of 800 HR leaders and 800 full-time employees that was commissioned by SoFi, 75% of employees reported at least one source of financial stress....

What Is the Average Return on a Roth IRA? Because a Roth IRA is an investment vehicle, rates of return vary based on the types of investments you have, according to Raya Reaves, a finance coach and founder of City Girl Savings. Different investment types yield different returns. For example, investments in stocks historically have higher rates of return (averaging 10% per year). Investments in bonds have historically lower but less risky rates of return (averaging 5% per year)....

While you’re playing the waiting game, you have two options. You can either be patient, assuming the employer will contact you if they are interested, or you can choose to follow up with the hiring manager. Should You Follow Up? If you don’t hear from the hiring manager within two weeks, it may be worth following up. Most experts agree that following up in a courteous, professional way will help you stand out from the competition....

If you’re able to make a profit from your hobby, even if it’s a very small profit, you can most likely deduct the costs on your taxes. Could Your Hobby Be a Business? Let’s say your hobby is knitting hats and scarves. The cost of knitting might include yarn, needles, and knitting patterns. If you’re able to start selling some of your hats and scarves online, you might be able to start deducting the cost of your hobby from your taxes....

Why Is There a Counteroffer? Short sales can be complicated. It requires extra work for the listing agent and has more parties involved. The lender of the person selling the home has to approve the short sale, and instead of approving the short sale, it may make a counteroffer. When you and your real estate agent first review the counteroffer, it might not make a lot of sense. A counteroffer always makes sense to the party issuing the counteroffer, though....

Some companies want candidates to respond to questions in advance of scheduling a job interview. When they do, they may send a pre-interview screening questionnaire with questions to fill out. In other cases, you may answer questions online or be screened by phone to determine whether you’re a fit for the job. What is Included in Pre-Interview Screening If you’re asked to complete a questionnaire, you may need to share some of the same information that is on your resume and on the job application you submitted....

While each scenario is different, there are some general guidelines for all investment and savings needs. For example, people in retirement are typically in a period where they are withdrawing from their life savings, rather than adding to it. Also, as in the years leading up to retirement, retirees need to be careful to select the best investments for their particular needs. These needs are not as focused on growth as they are on preservation and income....

What is a Temporary-to-Hire Position? A temp-to-hire position is one in which an individual is hired for a temporary period, which could be days, weeks, or months. At the end of this period, the employee is eligible for a full-time position. However, the employer can opt not to keep the employee rather than offering them a full-time job. Benefits of Temp-to-Hire Jobs There are some benefits to being hired on a temporary basis, even though it might not be the permanent role you were seeking....

Here’s how to design and print business cards at home. Design Your Business Card A well-thought-out business card combines useful information with an attractive look. Here’s how to design an effective business card you can print yourself. What Will You Put on Your Card? The first thing you want to do is decide what will be on your card. The traditional business card has your name, title, address, phone, email, and fax, if you have one....

Haynes and her husband aren’t the only ones looking for the flexibility to stay at home with their children. According to research from Gallup, flexibility to balance family needs with work is one of the top reasons workers want to work from home. If you are looking for the freedom to make money as a stay-at-home parent, you have options. According to a 2020 study published by the National Bureau of Economic Research, it’s possible to perform 37% of U....

However, it’s important to temper your expectations for how much you can earn. Bitcoin mining equipment is expensive and Bitcoin miners require a lot of electricity. It’s possible to lose money by mining Bitcoin depending on your equipment, internet connection, and power costs. But if you approach Bitcoin mining strategically, you can perhaps make a little money while supporting the Bitcoin ecosystem. What Is Bitcoin Mining? Mining is the technological process that processes Bitcoin transactions and mints new Bitcoins....