Get smart! Invest in continuing education

Advancing your studies can be a great way to take your current career to the next level or even prepare for a second one. Here are a few good reasons, along with some tips, on how to invest in your continuing educaiton without breaking your budget.

Boost your current career or prepare for a second
Ask your manager about the skills needed to advance your career. This could lead to greater responsibility and a pay increase. Then look for in-person or online courses to help you reach your goals.

There are a number of online sites that offer self-paced video classes from industry experts. There may be no upfront charge during the introductory period for this kind of coursework. However, you may need to save a credit card number in the system. If you remain enrolled after the trial period, your card will be billed automatically.

So, keep an eye on your introductory period to avoid unwanted charges. Cancel the service if you don’t want to pay for it. If the coursework benefits your career, review your budget to ensure you can afford an ongoing subscription.

Next, look to your industry associations for free webinars to help you bolster your skill set. You may even find complimentary pre-recorded webinars using an internet search. These online classes feature topics ranging from accounting to mastering Microsoft Office and more. Community colleges can help with no-cost or affordable programs specifically for individuals aged 50-plus who are near or in retirement.

How to pay for continuing education
You may have the desire to continue your studies, but you may not have the budget for it. That being said, there are resources which could help. Start with your employer. If there’s money available through your company, don’t miss the opportunity to apply for it.

Otherwise, look to your credit union or bank for help with funding your education too! They may offer professional development scholarships as well as funds to help adult students offset the cost of college. And your college of choice may have scholarships available for continuing education. Combined, these funding sources could make paying for school a little easier on your finances.

Finally, know that continuing your education can happen at any point in your career. Don’t miss an opportunity to go further up the ladder.

Article provided by Local Government Federal Credit Union.

The advice provided is for informational purposes only.