Bangalore: Are you worn-out of your job and thinking of a career shift? A career shift will bring both excitement as well as financial challenges in your life. Before you make any move in your career, you must financially plan it. This will help you make a safer move in your career and also keep your financial situation smooth. Forbes.com has come up with seven financial planning to consider before your career shift.

1. Make a Budget

In early stages of your career you may not earn a very high salary but after some years of experience make sure you get a promotion with salary hike, if not then switch your job and get paid well. Once your income increases, you must plan a new budget so that you know where and how to spend your money as well as how much you should keep aside for saving. Once you set limits for your expenditures and goals for savings, you will have more money in your pockets instead of unpaid bills.