I’ve always sensed it is the way but during last months, I’ve been exposed to a how serious this problem is. Vast majority of People – in particular in Central Europe – they miss Financial Education. I guess it is the outcome of our education system which focuses far more on theoretical knowledge vs. pragmatic and real life cases. Education system still does a very good job in “creating” very high-quality workforce. Central Europe is a key place for GBS and Shared Services operations, we all know it. It is because work ethic is outstanding, people in Poland or Romania don’t mind working hard, innovation & curiosity is how we operate so consequently we are successfully achievements next after next – career milestones. Concluding Customer Experience (CX) is at its optimal level.
This post is about Employee Experience (EX) – so you. This article is to focus on one aspect of the financial education - your long term target. During my Career Mentoring sessions, I typically ask two questions: “What is the end state goal of your career, you are after and when you plan on achieving it?” and “What is the end state financial target you are after?” Most of the Mentees cope with the first question but vast majority struggles big time with a 2nd one. Financial aspect is so important, and we don’t even know what we are after. Doesn’t it sound bizarre? We are excellent in setting up business objectives including financial aspects but we failing to do so for ourselves in a strategic and proper way.
The optimal phase of life, most of us are after, is to work because we truly want to, and it is our passion … not because we need to pay my bills or fund our kids' education. The only way to get there is to set the target for your career and set the target for your long term financial satisfaction … and manage it accordingly. There are very basic tools and practices to begin with. Happy to connect and explore it with you.
I wish you all the best with your Financial Education journey – as the “magical” way to successful Career Management and Financial “independence”.
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