It's possible

understanding with invest blue

Want to change career lanes? Here are some industries to look at

February 3, 2017  |  #Money Management

it's a simple process

Feel like you’re not earning enough to achieve your investment goals? According to a recent NAB survey, 50 per cent of people list their earnings as the main barrier on the path to financial growth.

If you’re in this position, 2017 could be the year to take the plunge and switch career lanes. It’s like we say – life is short, so work somewhere awesome! If it helps you get closer to your goals too, well, that’s a very welcome benefit.

According to a recent NAB survey, 50% of people list their earnings as the main barrier on the path to financial growth.

If you’re not sure where to go, take a look at some of these industries that IBISWorld thinks will soar this year.

Big picks for thriving businesses in 2017

According to the IBISWorld research, some of the biggest industries for employment growth will be:

  • Online shopping (7.5 per cent in the next five years)
  • IT security consulting (6.0 per cent)
  • Data storage services (5.9 per cent)
  • Administrative services in sport (4.7 per cent)

This is just a sample, but it points at big growth. A lot of these digital services jobs are related to more businesses deciding to move online, and requiring support or infrastructure to get this off the ground. In particular, coordinators for tech distribution and warehouses will be in high demand.

Is switching career lanes the way forward for your financial planning?Is switching career lanes the way forward for your financial planning?

On top of this, jobs like smartphone app development should spike as businesses do not require much capital to get started, while government grants and tax cuts for small businesses allow for rapid growth.

Don’t think any of these work for your financial planning for the future? Don’t worry, there are plenty more industries with high employment growth. Trademark lawyers, wind generation companies, management consulting and even bridge construction are more IBISWorld picks for growth in the years to come.

Still haven’t found what you’re looking for?

Make sure you work for an employer that shares your values.

Picking a new career path can be difficult. After all, you could be learning an entirely new set of skills and applying them to try and boost your income or financial standing. One of the most important things to remember is to make sure you work for an employer that shares your values.

If you can find somewhere that lets you achieve your financial goals while also providing culture and respecting your family and integrity, you could be set up for life. Here at Invest Blue, we can sit down with you and talk through any questions you have. It could be about how to maximise your income, determining when you’re ready to invest, or even making the career switch into financial advice.

Whatever you need, we’re here.


What you need to know

This information is provided by Invest Blue Pty Ltd (ABN 91 100 874 744). The information contained in this article is of general nature only and does not take into account the objectives, financial situation or needs of any particular person. Therefore, before making any decision, you should consider the appropriateness of the advice with regards to those matters and seek personal financial, tax and/or legal advice prior to acting on this information. Read our Financial Services Guide for information about our services, including the fees and other benefits that AMP companies and their representatives may receive in relations to products and services provided to you.

You may also like

Warning: count(): Parameter must be an array or an object that implements Countable in /var/www/vhosts/ on line 141
Surprise! You’re more financially successful than you think Best retirement spots for each state Cost vs value: Are financial advisers worth it? 2018-19 Federal Budget – what it means for investors