Tax refund money in the bank? Wondering how to make the most of it? If you’re debt-free and bills are squared away, consider investing in personal development. This can involve enhancing skills and enhancing your quality of life. Here are some suggestions for personal growth and their typical costs:
1. Credentials and Certifications:
Cost: Free to $1,000, depending on the certification.
Boost your career by obtaining a credential or certification. Popular options include Certified Business Analysis Professional, Project Management Professional, Professional Certificate in Team Leadership, Salesforce, HubSpot Inbound Marketing (which is free), and APICS Certified Supply Chain Professional certification. These can enhance your value at work and increase your earning potential.
2. Conferences:
Cost: $400+ on average.
Attending industry conferences can deepen your knowledge in your current field or introduce you to new ones. This can also provide valuable networking opportunities.
3. Career Coaching:
Cost: Around $170 per hour.
Career coaching offers personalized guidance to identify and strengthen your strengths, address weaknesses, and even help with career transitions.
4. Webinars:
Cost: Sometimes free, typically starting at around $50.
Webinars are a convenient way to learn about specific skills or topics. They are accessible from anywhere with a computer and can vary in price based on the host and topic.
5. Retreats:
Cost: $390+.
Professional retreats can offer a mix of learning, team-building exercises, and relaxation in picturesque locations. They can focus on a range of topics from yoga to leadership.
6. Memberships:
Cost: $150+.
Professional memberships provide access to networking opportunities, industry news, and strategies tailored to your field.
Consider investing your tax refund in personal development to enhance your skills and career prospects.
