Her leap of faith in striking out on her own was over 10 years ago.
#Jean chatzky pay it down how to#
She continued her work on the Today television program, where she had been financial editor for 25 years, and then also focused on creating a business doing what she does best: educating people on how to manage their money better. I decided right then that instead of working for someone else again, I would start my business," Chatzky explained.Īfter searching for a new position and not finding anything that fit, Jean decided to turn her side projects into her main income.
"It was definitely unexpected and I tried looking for another job at first, but it wasn't so easy to replace the level of salary that I was making. The sudden shakeup in her career led her to take a closer look at the different paths that she could take going forward. "They said they would allow me to keep my column as a freelancer, but I was just downsized and there was no other way to look at it." "They were going through lay-offs and cost-cutting measures and I had gotten expensive," Chatzky tells Insider of the situation. One day in 2008, the company informed her that they were cutting costs and that she would no longer be in a staff position, but she could continue to contribute posts in a freelance capacity, she said. Be sure to take advantage of all opportunities even if it may not seem like a fit at the time.īefore Jean Chatzky wrote over half a dozen books on personal finance and money management, she was a financial columnist at Money magazine.When starting your business make sure your idea has business legs, Chatzky says.
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