2. Sock Away an Emergency Fund

It is advisable to keep aside an emergency fund equivalent to your six months of living expenses. This will protect you financially against unexpected emergencies and loss of job. Even in the initial days of your career shift, you may have to incur some unusual expenditure like shifting your house etc. This emergency fund would prove to be a great source of finance.

3. Boost Your Credit Score

Do you know your credit score? If not ask for your credit report from the Credit Information Bureau of India Limited (CIBIL). Check for errors and if there are any them ask for immediate rectification. Most importantly you must look for your credit score and if it reflects a poor score then try and improve it without fail. In order to boost up your credit score, you must pay your bills on time and in full amount. Your potential employer may review your credit report.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.