Career Marketplace Blog

By: Guest Blogger Alex Stuart of www.debtconsolidationcare.com

Getting out of debt can be difficult for many people. It becomes even more difficult when
you don’t have a proper job for yourself. In this situation, you always search for a job, be
it a part-time or a full-time. Unless you get a full time job for yourself, you can do part-
time job for few hours to earn some money.

Tips by which a job seeker can get out of debt:

Read this article to know how a job seeker can get out of debt. You can also refer to http://www.debtconsolidationcare.com/help.html for more details.

1. List your every debt – You can make a list of every debt that you need to pay
off. Remember to include all your bills such as departmental store bills, medical
bills, store credit card bills, utility bills. This will help you understand what exact
amount of dues you have and how much you need to pay off every month for your
debts.

2. Reduce your daily expenses – One of the best ways to pay off your debts is to
reduce your daily expenses. To do so, you can make a list of items you can do
without. These items may include cancellation of daily newspaper, use electricity
only when needed, canceling gym membership, shopping for unnecessary things,
etc. If you can save some money on your extra daily expenses, you’ll have enough
money to pay off your debts. If required, you can sell some of your assets so that
you can get out of debt.

3. Negotiate with your creditors – If you have shortage of money and you cannot
pay off your debts in full, inform your creditor about that. You can negotiate
with your debtors to reduce the balance of your outstanding dues. There are some
creditors who may agree to reduce your dues if required. You may even ask your
credit card companies to lower the interest rate and also to waive off the annual
fees on the card. You can also ask the utility companies to reduce your past due
bills.

4. Pay for everyday expenses – You can find out ways so that you pay youreveryday expenses without using your credit cards. Using your credit card
unnecessarily all time will increase your debts more. Rather you can use your
debit card, if required.

After you get a job, make sure that you keep an emergency fund for yourself from where
you can spend for your daily expenses during the rainy days. This will help you avoid
debt problems in future.

In this article for the Wall Street Journal, Elizabeth Garone explains, Updating a Resume for 2011.

Read an excerpt from Garone’s article. Read Full Article

Q: I am a senior executive and haven’t looked for a job in more than 10 years. How can I make my résumé more current by today’s standards?

–Boston, Mass.

A: While the résumé as you know it from 10 years ago is still alive and kicking, there have been a number of modifications to it. No longer do job candidates simply present a Word document of their qualifications. Today, they need to craft a package both online and off to present to a prospective employer. This needs to include both a résumé and an online profile as well as an easy way for a prospective employer or recruiter to move back and forth between the two.

Embrace technology. The biggest change is also the most expected one: a move toward technology. An online networking presence is no longer just an option but a requirement.

In today’s executive search market, if you’re not on LinkedIn, you don’t exist,” says Wendy Enelow, author of “Expert Resumes for Managers and Executives” and “Best Resumes for $100,000+ Jobs.” Ms. Enelow suggests including live email links on your Microsoft Word résumé and live links to your LinkedIn profile. “Make it easy for recruiters and hiring managers to contact you with one click to your email and one click to your LinkedIn profile,” she says.

Read on for more tips

In her article for USA Today, Mary Beth Marklein reports College major analysis: Engineers get highest salaries.

Read an excerpt from Marklein’s article. Read Full Article

Just one word of advice for the nation’s 2011 high school graduates: petroleum.

An analysis of the projected lifetime earnings of 171 college majors provides a clearer picture of what one bachelor’s degree means compared to another in the labor market. And the answer can be as much as $3.64 million.

That’s the difference between what petroleum engineering majors can expect to earn over a 40-year career ($4.8 million) and what counseling psychology majors could earn ($1.16 million). Even the lowest-paying major beats the $770,000 average earnings of a person who holds only a high school diploma.

Read On

In her article for the Wall Street Journal, Sue Shellenbarger reports, Making LinkedIn Work for You.

Read an excerpt from Shellenbarger’s article. Read Full Article

Some Juggle commenters have asked for a post on the professional networking website LinkedIn. The site passed 100 million users in March and continues to grow by about one million members a week. Its public offering this week is drawing even more attention.

Non-users of LinkedIn may wonder, why bother? Posting a profile, keeping it updated, building and maintaining your network of connections, and responding to messages takes time.

Of course, LinkedIn can help you find a job and research prospective employers by contacting current and former employees. Recruiters use it heavily to find what they call “passive candidates” who are open to new opportunities but not actively looking.

But even if you aren’t looking for a job, LinkedIn is a tool for displaying your work and credentials to colleagues and potential clients, gathering intelligence about trends and competitors from others in your industry or profession, and keeping in touch with alumni and other groups that matter to you. Also, if you lose your job unexpectedly, having your LinkedIn network up-and-running is a big asset.

Read On

In her article for U.S. News and World Report, Alison Green gives you Tips for Following Up on Your Job Application.

Read a excerpt from Green’s article. Read Full Article

Once you apply for a job, the next step isn’t just sitting back and waiting—there’s plenty you can do meanwhile to increase your chances of getting an interview. But following up in the right manner is crucial, because follow-up done poorly can be a deal-breaker.

Here are some do’s and don’t’s for following up after applying for a job:

Read On

In this article for the Wall Street Journal, Sarah E. Needleman explains, Why You Need an Elevator Pitch.

Read an excerpt from Needleman’s article. Read Full Article

A few weeks ago, I found myself in an elevator with a senior executive at my company. Since I work for a large organization, I didn’t expect such a big cheese to know who I am, so I introduced myself as the Journal’s small-business assistant editor. I could feel my nerves kick in but I made it through the ride without embarrassing myself (I think) and I perhaps benefited by gaining some high-level recognition.

The other day, though, I once again found myself in the elevator with Mr. Big Cheese – this time, with less impressive results.  I was at a loss for anything clever or interesting to say. He tried to initiate conversation with a benign statement about the elevator. I tried to make a witty reply, but it didn’t come across very well.

Read On

In her article for ForbesWoman, Susannah Breslin shares her story, How I went from Downsized to Self-Employed in Four Months.

See an excerpt from Breslin’s article. Read Full Article

I was downsized in January.

Four months later, I was self-employed and earning almost as much as I had at my full-time salary.

Here’s how I did it.

Read On

In this Yahoo! Finance video, Farnoosh Torabi reports many baby boomers are planning a second career as they transition into retirement.

Financially Fit: The Shift in Retirement Plans

Is there too much pressure to be named “most likely to succeed”? Sue Shellenbarger of the Wall Street Journal explores this topic in WSJ video, News Hub: The Pressure of ‘Most Likely to Succeed’