Your money-making expert. Financial journalist, TV and radio personality.
If you’re a master of your personal finances, then you could take this skill and turn it into a job. There are all sorts of opportunities out there for people who are committed to balancing the books and managing money, many of which can turn into lucrative careers.
If this sounds interesting, stick around and we’ll go over all that’s involved in getting into the financial services sector, whether you want to run your own business or to work for an established firm.
Put simply, financial services refer to the range of activities related to managing money, from banking and investments to insurance products.
Businesses in this segment offer advice on how best to handle their clients’ finances, either as individuals or companies. They can also provide access to credit facilities such as home loans or personal lines of credit.
Investing is another key part of the industry, which offers customers guidance on where they should put their money so that it will earn them returns in the future.
Most importantly though, professional financial advisors help people make informed decisions about how best to use their money now, and how to plan for the future. It’s about more than just crunching numbers, as it means understanding people’s unique needs and goals so that they can make smart decisions with their finances that will benefit them in the long run.
Working with money can be incredibly rewarding, both professionally and personally. Here are some of the key benefits to consider:
Overall, a career in financial services can provide you with an excellent platform to learn, grow and progress within the industry, while also offering the potential to earn great wages in business and financial occupations.
If you have an entrepreneurial spirit and want to take your financial services career further, then growing your own business could be the perfect move. Whether you’re starting from scratch or already established, there are lots of paths toward success. Here are some tips on how best to make that happen:
For those brave enough to take a chance on building their own financial services business, the right approach should set you up to thrive.
Working in this field requires more than just technical know-how. There are several key skills needed if you want to be successful. Here’s an overview:
Depending on what type of role you’re aiming for, there may be a range of different courses or exams you’ll need to complete in order to get your foot in the door.
From entry-level certifications such as Chartered Financial Analyst (CFA) or Certified Public Accountant (CPA), up through more advanced diplomas like MBA with a specialization in finance, the choice is extensive.
You’ll also need any relevant regulatory licenses which are specific to each country or region. These vary widely so make sure you stay informed about local requirements too.
With hard work and dedication, becoming a true financial professional is within reach. All it takes is commitment.
Not everyone will find a career in financial services to their liking, but for anyone who is already strongly passionate about money management, it definitely makes sense to consider this as an option. Who knows, it could lead to a better-paid and more satisfying job than you would have ever expected to call your own.
Disclaimer: MoneyMagpie is not a licensed financial advisor and therefore information found here including opinions, commentary, suggestions or strategies are for informational, entertainment or educational purposes only. This should not be considered as financial advice. Anyone thinking of investing should conduct their own due diligence.