Is your career part of your net worth? Should you include it as an asset class in a diversified investment portfolio? While we consider careers as essential aspects of financial and professional success, few of us think of or manage them as financial assets.
Michael Haubrich, CFP, of Financial Service Group, Inc., in Racine, Wisconsin, encourages clients to think of careers this way. Some of the following ideas come from his new book, Career Asset Management.
If you consider your career an asset, then managing it means paying attention to the return you get from that asset. Here are a few things to consider in order to get the most value from a career.