Saving Money Hack: 3 Tactics You Need to Adopt Now

What would you do when you need to pay an emergency hospital bill, apartment rent, and car repair all at once at the end of the month while you run out of cash and – to make it worse – your salary has not been paid yet?

Some people might turn to take money from the medical loan when trapped in similar condition. While this method could help, it could be a more serious problem if you cannot pay them back, especially if it comes with significant interest. That being said, the best financial source to pay those bills is from your own savings.

Money saving is one of very important aspects you should prepare in life as it would be a great help when you have to deal with unexpected things mentioned above. It will also help you stay away from crushing debt and loans. Melanie Wright, an independent money mentor and a financial journalist, commented that there are 5 added reasons why you need to save early, starting from today. The reasons are: you will be financially independent sooner, will not have to worry for unforeseen expenses, will have financial back-up once you lose your job, will be prepared if your circumstances change, and will be more comfortable in your retirement.

See also: 22 Rare Jobs that Make Good Money

Wendy de la Rosa, a co-founder of Common Cents Lab, shared her evidence-based research on how money saving is important. She agreed that saving as small as £1 a day or once a week will help our future to be better as we would be less threatened by unexpected things. According to her, saving money is not about how smart your money management is. In her study, de la Rosa argued that saving behaviour isn’t about how smart you are or how much willpower you have. It is about the amount we save depends on our environmental cues. It is proven in her study that money savings will much depend on your environment and mindset.

So, how can we save money by empowering our environment and mindset? De la Rosa talked about her backed-up tactics on how we make use our environment and mindset to save more money for our future self. In her Ted Talk, here are tips she humbly shared.

  1.      Harness the power of pre-commitment

Fundamentally, humans think about themselves in two different ways: future and present. For our future self, we believe that it will take care of us, for our retirement, for our work, or for our financial security. And so – our present self does not save because we believe in our future self. However, we forget that our future self is actually the same as our present self, said de la Rosa.

Therefore, the best decision is to commit to your present self just like how you will commit to your future self. For example, you can sign up for an app that lets you make savings decision in advance. “The trick is, you have to have that binding contract,” added de la Rosa. Contract here means you should commit for real consequences that might happen. The decision you make today for your future must matter.

“In our tax savings experiment, users made a real commitment when they told us how much they planned to save; they knew their refund money would be directly transferred into their savings accounts,” de la Rosa advised.

  1.      Use transition moment to your advantage

In psychology, there is something called “fresh start effect”. It is when you should think about whether you need to start a new year or a new season, whether you need to change career or retire from a job. To the best practice is, you should identify the financial things you want most to do.

For example, is it the time for opening a retirement savings account? Is it the time for consolidating your student loans and credit-card debt? Is it time for building a new home with your beloved one? After you know which transition you need to follow, you should then make it non-cancellable or move around.

  1.      Get a handle on small, frequent purchase

Have you ever regretted spending too much money on food? Or spending too much on entertainment? If yes, you should practice this.

Pre-commitment tactics mean you should take a look at your expenses and identify your most regretted purchase. Then, you should modify your environment to make it harder for you to spend. For example, you linked your credit card to subscribe to a popular magazine or food apps that you frequently use. Without realising it, you spend more than 1000$ on both. So, you need to unhook the credit card and change it to a debit card with some money like $300. You will soon manage your expanse better.

Other than that, de la Rosa suggested that if the thing cannot stop even when you have a debit card, limit yourself from entering your card number to purchase something online. As far as possible, you can withdraw money from an ATM, and purchase the thing without your card. Leave your card at home and only bring some mighty dollar in your pocket.

Read also: Best Countries for Expats to Work and Raise More Pocket Money

farewell-3258939_640

What does success look like to you? What kind of efforts have you done to achieve success?

No person on earth wants to suffer from the pain of failure. When you ask a kid about what they aspire to be when growing up, most will simply say that they want to become a pilot, surgeon, doctor, teacher, etc. In other words, since childhood, we are already introduced with dreams and goals – with a successful mindset.

However, as we grow up, only a few people can really achieve their childhood dreams. The rest is simply following the mass or working in “unhappy” environment they create in order to survive. Long gone the day where dreams and goals fill their hours and days. Then, why can’t most people be successful? What is the secret to a successful life?

See also: Basic Requirements Needed to Work in Foreign Company

Experts suggest that the key to successful life include hard work and willingness to get out of comfort zones. Little did you know, there is another key: to give up. Give up on what? Zdravko Cvijetic, founder of Zero to Skill, suggested to giving up these lifestyles.

#1   Get rid of unhealthy lifestyle

Frank Sonnenberg once said, “You cannot live an unhealthy lifestyle and expect a healthy outcome.”

There is no doubt that Sonnenberg’s statement is true. The most common example is eating habit. When you consume foods that contain too much-saturated fats, your body will react to it and you will be prone to obesity or heart disease. On the other hand, when you consume foods with balanced nutrition, your body will be healthy and you can do more activities.

The principle is pretty much the same as a successful life. When you want to succeed, you should give up unhealthy habits, including shopping spree, drinking spree, or any spree that will put you in debt.

#2   Get rid of the short-term mindset

Mae West once said, “You only live once, but if you do it right, once is enough.”

Mindset is what makes people thrive. It is also what successful people should have: a long-term mindset. They know that the right mindset will bring so much more than a victory to their life, such as satisfaction. Therefore, you should get rid of the short-term mindset, and embody a long-term mindset.

#3   Get rid of playing small

“Your playing small does not serve the world. There is nothing enlightened about shrinking so that other people will not feel insecure around you. We are all meant to shine, as children do. It is not just in some of us; it is in everyone, and as we let our light shine, we unconsciously give others permission to do the same. As we liberated from our fear, our presence automatically liberates others.” – Marianne Williamson

So, voice out your ideas, don’t be afraid to fail, and don’t be afraid to succeed.

#4   Get rid of excuses

You should know that your life is 100 percent your own responsibility. You success, failure, weaknesses, starting point are your responsibility as well. It could  be both frightening and exciting to know it. But one way of becoming a successful individual is by stop saying excuses and start growing your personal and professional life. “Own your life, no one else will,” said Cvijetic.

#5   Get rid of perfectionism

Perfection does not exist in this world because how much you try, there will always be a slight mistake. Although you might not notice it, others would. Just like in writing, how many times you read the line, it looks great as you are the one who creates it. But when it is being proofread by others, they might find a few mistakes. So, get rid of your perfectionist mind. Just like Kahn Academy’s Development mantra, “Shipping beats perfection.”

#6   Get rid of multitasking behaviour

Winston Churchill once said, “You will never reach your destination if you stop and throw stones at every dog that barks.”

Every mindful leader knows about this. This is the reason why successful people only work on one thing, beat it into submission, and succeed with it. Remember that, being fully present and committed to one task is indispensable.

#7   Get rid of dependency on social media and television

Problem of our today’s society is an impulsive needs of browsing in social media and watching television. Cvijetic suggested that these two addictive screens should never be your escape whenever you are getting rest from your goals or life. Unless, of course, you goal depend on either.

Read also: 6 High Paying Jobs that Allow You to Work from Home

Advice When You are Accepted in Government Organisation

What comes to your mind when you hear “civil servant”?

Chances are, most people are interested in becoming an employee for the government. With a lifetime benefit such as a pension, people are looking to be hired by the government in droves. Not only a lifetime benefit, being a civil servant will add to a more comfortable life as it provides a good salary, secure jobs, and other perks.   

Carole Moore survey agreed that working for government will be more advantageous. “You might be surprised to find out that government jobs when you include benefits, pay on average twice as much as jobs in private sector,” said Moore. In the United States, Moore explained, federal employees can earn an average salary for $67,000, while a private sector will give you $53,288. Additionally, if you include compensation and benefits, you can get an average annual salary up to $106,871.

See also: Basic Requirements Needed to Work in Foreign Company

Moreover, not only tantalizing salary, being a government employee will benefit you in terms of:

  • Job security – Government almost never fire their employee due to low performance. Layoffs and firing commonly happen in private company, instead.
  • Pension plan – Government cares for your personal and professional life. They will give you a good post-retirement benefit – and this benefit will make your life tension free.
  • Medical benefits – Hospital bill can be worrying. However, when you are a government employee, you can get to enjoy decent medical cover for yourself as well as your family.
  • Better work-life balance – With fixed working-hours government give and availability of decent amount of off-days you can get, you surely can balance your private and professional life.

Furthermore, albeit working in government company gives tantalizing perks, there are more rule and regulation to follow. So, if this is your first year working for the government, you better follow these bits of advice.

  1.      Understand your terms of employment

Term of employment is important in any job, even for a private company. Yet, this is more important when you are working as a federal employee. For example, you should pay attention to whether you will have a probation period or not, how long if you are required for probation, what kind of performance will be reviewed, how you will be classified, where you will be paid, how you will be paid, how much, and whether there will be flexible work schedule or not. Other than these, you should also pay attention to restriction charged for new hires.

  1.      Understand government rule and regulation, and how it works

Bureaucracy is real and they are quite strict with sanction and rules. So, rather than risking your life and a new job, you should pay attention to the first point. Additionally, you should read general rules and regulations in the company you work in. It will save your lifetime employability. For example, some company will require its candidates to work within a period of time. However, if you resign before the time, you will be fined and/or imprisoned.

  1.      Keep on looking for opportunity and lesson to learn

Although you work in a secure environment and a stable salary that gives you pension fund when retire, you should keep looking for a new opportunity to achieve personal growth. For example, you can attend a seminar or course that can widen your skill and knowledge. This kind of improvement will help you face problems ahead, both at work and personal life. You will also be recognised and – who knows – you will be promoted early because you keep improving.  

In addition, as hurdles can come in your way sooner or later, you need to be prepared for it. Equipping yourself with lesson and improvement is already goo. But you can also learn from your senior or elderly in your department. They are more experienced and usually are helpful.

Lastly, stay low profile and be humble to everyone.

Read also: 5 Lucrative Careers for You without Getting another Degree

 

Is Education Important Only for Employment Purposes?

In general, we believe that people with higher level of education will have better job prospects. This opinion does not come without reason, as can be seen from a study titled “Highlights from Education as a Glance” which declared that education is generally good insurance against unemployment, even in difficult economic times. The study highlighted that individuals with tertiary education have remained below 5 percent and below 8 percent for those with only an upper secondary education. Moreover, during recent economic crisis, increase in average unemployment rate for individuals without an upper secondary education was 1.1 percentage points higher than for those with at least an upper secondary degree.

Then, is it true that the main aim of education is for employment?

A quick answer is obviously NO. Now, let’s see the true definition of education first.

According to Google dictionary, education is process of receiving or giving systematic instruction, especially at a school or university.

Wikipedia defines education as process of facilitating learning, or acquisition of knowledge, skills, values, beliefs, and habits. In most regions, education is compulsory up to a certain age.

Encyclopaedia Britannica writes education as a discipline that is concerned with methods of teaching and learning is schools or school-like environments as opposed to various non-formal and informal means of socialization.  

Business dictionary states that education is wealth of knowledge acquired by an individual after studying particular subject matters or experiencing life lessons that provide an understanding of something. It requires instruction of some sort from an individual or composed literature.

See also: Best Countries for Expats to Work and Raise More Pocket Money

From four aforementioned definitions, there is no implication that education is merely for employment preparation. It is much more than that. Poll from debate.org showed that 54 percent respondents answered ‘no’ for a question: is the main aim of education to prepare students for a career? One of respondents said, “Many people are rich. Knowledge is not only to prepare child for highest salary and packages, it is also to make them a good person for society. Schools are also prepared them to be a knowledgeable person to better our planet.”

Nathan William in his article published at HRinAsia also agreed that education degree does not define where one individual should work. As you see, many of graduates pursue their career according to their passion and/or ability. A few does pursue their career according to their certification. Education and scholarly degree might help you to be smarter in your decision-making and career/life choice. But “regardless of what subjects you are studying at school, college major should not limit or even force you to compromise your career interest in the longer run”, added Nathan.

The goal of education is the advancement of knowledge and the dissemination of truth.” – President John F. Kennedy

Jaiveer Yadav, educator at Unacademy, added that skills and knowledge acquired through traditional school and college education do help you to build a good career. Yet, broader than that, education can impact on your whole life which eventually improves your quality of life and career. So, do you still think that education is just for employment purposes?

Read also: What are Jobs of The Future?

What are Jobs of The Future?

The future will belong to technology. However, in the future, humans are also urged to come up with more creative jobs in order to save the planet from rapid climate change. According to Crimson, by 2025, “future jobs will look vastly different by time you graduate.” The future will be full of innovative creations and groundbreaking knowledge. Therefore, according to Crimson, these jobs could exist in the future. Let’s take a look!

Trash engineer

This is probably the oddest, yet more impactful. Today, you can see that humans produce more than 2.6 billion pounds of trash annually. And most of the garbage are only trashed away to landfill. This could harm our environment as well as our well-being.

A trash engineer has a job to solve earth’s waste problems one wrapper at a time. Probably, you can turn your rubbish into clean gas, combine it to construct stronger and earthquake-free or tsunami-free building.

  • Skills needed: strong STEM (science, technology, engineering, and mathematics) skills, critical thinking, and mental elasticity.
  • Best undergraduate majors: civil engineering, chemical engineering, trash engineering.

Alternative energy consultant

According to World data, global fossil are used time to time in a massive amount. Not to mention, fossil fuels is one of global warming causes, which becomes a reason why the earth is suffering more than years ago. So, we need to move from fossil fuels to a more friendly fuels provided by the nature such as solar, wind, or hydroelectric energy. However, only few people have enough knowledge about this energy and they might be confused which one to install in their home, company, or city. This is where alternative energy consultant comes.

See also: Best Countries for Expats to Work and Raise More Pocket Money

Alternative energy consultant should be able to give advices and be an expert in all alternative energy. They are also required to travel from city to city to assess best sustainable energy source for each place. This job is more or less like being a researcher and consultant at once.

  • Skills needed: strong STEM, mental elasticity, and people skills.
  • Best undergraduate majors: chemical engineering, chemistry, renewable energy engineering, environmental studies, physics, mechanical engineering.

Disaster forecaster

Many disasters occured in our planet lately and frequently such as Tsunami, earthquake, or storms. The unpredictable changing weather also restrains people from doing their activity. Thus, there should be someone who come up with a way to accurately map earth’s core and figure out how to actually predict earthquakes with plenty of warning.

  • Skills needed: strong STEM, critical thinking, and complex problem solving skills.
  • Best undergraduate majors: geoscience, physics, geophysics, geology, math, computer science.

Medical mentor

Robot AI and machines are already helping human in the field of diagnosing patients and performing surgery. Although it will ease doctor to conduct their job, it is still a threat in medical field. According to Crimson, the new role in medical should be medical mentors.

Medical mentors are in charge of patients after their appointments, surgeries, and other medical procedures. You will need to check patients and make sure they follow procedural recommendations. This job can also be named as nutritionist, therapist, or exercise counsellor.

  • Skills needed: strong STEM, critical thinking, people and interdisciplinary skills.
  • Best undergraduate major: psychology, nutrition, dietetics, sociology, and biology.

Organ/body part creator

Crimson mentioned that every 12 minutes there is a new name added to a long waiting list for organ donors. In a few years, this job might be booming as creating parts of organ or body from stem cells and other materials are already being worked on. However, till today, there are only few scientist who worked on it. So, this could be your next opportunity.

  • Skills needed: strong STEM, critical thinking, mental elasticity, complex problem solving and creativity.
  • Best undergraduate major: biology, genetics, and biomedical engineering.

Memory surgeon

In the future, there might be a way to remove bad memories, mental illness, and destructive behaviour. So, in the future also, there might be memory surgeon jobs. A memory surgeon should be able to remove memories, illness, and behaviours that are causing people harm. As a result, you might same many people from negative thoughts and behaviour.

  • Skills needed: strong STEM, critical thinking, mental elasticity, complex problem solving and creativity.
  • Best undergraduate major: biology, chemistry, and neurobiology.

Personal Internet of Things (IoT) security repair person

Alexa, automated car, smart watch, smart refrigerator, everything is smart these days. And yet- when it is broken, we have a very few human person to fix them. Oftentimes, we need to bring the goods to the service centre instead. Yet, today’s people want instant and fast, that is why personal IoT security repair might be a famous job in the future. Moreover, a personal IoT security repair will be in charge of thwarting hackers before they cause damage and fix any damage that occur.

  • Skills needed: STEM, critical thinking, people skills, mental elasticity, SMAC (social, mobile, analytics, and cloud) skills and complex problem solving skills.
  • Best undergraduate program: computer science, computer engineering, and mechanical engineering.

Commercial space pilot

Slowly but surely, we will be able to explore space. Not only the astronaut, but also common people want to go up to the space. Therefore, a commercial space pilot might be your future job as there should be people who take passenger rocket fly to the moon. So, if you are always dreaming to become an astronaut, this could be your ideal job.

  • Skills needed: STEM, critical thinking, people skills, creativity, mental elasticity, interdisciplinary skills, and complex problem solving skills.
  • Best undergraduate major: aerospace engineering, astrology, physics, and computer science.

Read also: Jobs in-Demand in 2019: LinkedIn Survey

Best Countries for Expats to Work and Raise More Pocket Money

Humans do not like being stagnant. Many people step out of their comfort zone to seek new challenges everyday. Are you one of them? If you are looking for better career opportunity, higher pay, as well as richer experience, then moving abroad and being an expat could be a great choice for you. According to Erin McBrayer at InterNatios, being an expat can be amazing as you can make more international friends, earn better payment, gain more experience, and expand your worldview.

While living in a new country is fun, an expat’s new life might not be as easy as it sounds. You might have to face hardship to accustom yourself with the culture, people, or even living expenses. And yet – if you are looking for a country to explore as an expat, Singapore should be your number one list. According to a report from HSBC’s annual Expat Explorer, Singapore is the most expat-friendly country. A combination of strong economic, working, family, social, and wellbeing ratings makes Singapore global leader for expats in previous and, probably, next year. HSBC’s survey respondents says that in terms of age, gender, circumstances, nationality or career, Singapore is among the best to live in.

expat living

©HSBC’s annual report

Best overall country for expat

As mentioned by HSBC, Singapore comes first in the world for expats to move to for fourth year running and came third for economics. The country’s stable economy is a big attraction with almost half expats moving there to grow their careers, while 38 percent want to boost their earnings. It is mentioned that average salary in Singapore is $162,000 to $56,000, more than global average. However, Switzerland still pays highest in the world.

See also: How to Build Good Online Presence for Fresh Graduates

The survey declares that Singapore is a nice city for living with its tropical surroundings and safety. Almost half expats living in the Lion City are satisfied with its quality of life. Moreover, 60 percent of expats parents say their children’s health and wellbeing is better there than their home country.

Biggest salary boost

If you are amongst those who aims to get hefty salary while being an expat, Switzerland will suit you best. Ranked in eight position, Switzerland’s average income is $61,000. Yet, it is also the most expensive place to live. Big Mac Index shows that for one burger in Switzerland, you need to pay $6.61 compared to $5.51 in the US. It means, Swiss franc was overvalued by 18.8 percent. Renting and groceries will also cost you more than any other countries with $2,000 per month in Zurich or Geneva city.

Moreover, if you choose Switzerland as your landing job and living, you will be safer financially. The same index reveals that this country came top for political and economic confidence, with lower than 1 percent respondents say they are concerned about local economy. Almost half of respondents say they love staying in Switzerland because of the quality of life.

Best country for expat family

HSBC’s survey is not only concerned about salary and quality of life. It also looks deep into best country for expat family. In this case, Sweden should be your best choice. Sweden reigns supreme at number one yet again this year. It routinely reports dramatic improvements in their children’s quality of life, health, and wellbeing.

Almost 68 percent Sweden-based expats say overall cost of raising children is cheaper in Sweden than at home compared to a global average of just two in ten. Additionally, with 480 days of parental leave plus up to 120 days a year to look after your children. There is no doubt, Sweden intents on supporting families living within its borders. Also, more expats here report a closeness to their partner than global average.

Best for work-life balance

New Zealand is top choice for improving your work-life balance and physical health. More than four in five cite that New Zealand is clearer country that support expats to have a peace in life. 7 in every 10 of those who live here tend to stick around. While a third of all expats (34 percent) surveyed moved abroad to improve their quality of life, in New Zealand the figure soars to 60 percent. Also, 55 percent have since stayed because it delivered on its reputation.

Read also: 4 Necessary Mindset a Graduate Should Have for Future Career

How to Build Good Online Presence for Fresh Graduates

Social platforms such as Twitter, Facebook, Instagram, or LinkedIn are no-longer strangers for people nowadays. From elementary students to older people, almost everyone is on social media these days. Social media is also proven to be beneficial in job search, as you can use it for various purposes such as collaborating, networking, sharing, and gaining knowledge necessary for jobseekers. Not to mention, it is not uncommon for employers today to optimise social media presence as a method to enhance their recruitment process.

In terms of recruitment and employee engagement, social media plays an important role. Kristin Kane Ford, director of social media at Kane Partners, suggested that social media allows firms to identify candidates that are perhaps passively looking, engaging with leaders in industry, as well as to deliver information to prospective employees about their company’s opportunities, benefit, and culture. “Social media allows a prospective employer to get to know you beyond just words on resume. It has a potential to identify you as someone engaged in your industry, or contributions to the conversations taking place in the industry,” added Ford. Moreover, Resume Help added that “social media has helped individuals to enhance recruitment process once and for all.

Therefore, it is important, especially for fresh graduate to build up solid social media presence. Not only it can tell how much contributions or active you are in your field of expertise, social media also shows recruiters your professionalism. Hence, if you want to open your chance of getting employed better, apply these tips to help you get noticed online:

First Tip – Be human

First and foremost, social media has become one of many media to help you build your own personal brand. That being said, even the slightest mistake you made in social media will likely shatter your reputation one and for all. Moreover, you cannot be a faceless individual with zero personality. Because in the modern age of transparency, people want to get to know you on a more personal level. Therefore, posting about your interest and personal life can provide a nice peek into who you are. It can demonstrate a variety of interest for potential recruiters.

Second Tip – Set smart goal

It is true that social media is a platform to share thoughts and ideas. However, you can make your social media presence more attractive by setting a smart goal such as developing yourself through it or sharing useful contents. You can follow leaders or experts that catch your attention and see what difference you can gain from your social media. Recruiters will love it as they see a talented candidate who is up-to-date and thrived to grow.

Third Tip – Audit yourself

Most recruiters will Google their candidates before hiring. So, it is better to be ahead of them. Google yourself and see what web shows you about you. If you find something unpleasant, you should be able to eliminate it before applying a job. Moreover, ask yourself “is this enough to show how talented I am to recruiter?” If your answer is a no, then find solution and rearrange or recreate your social media presence. Most importantly, make your presence and name as clean as possible.  

Fourth Tip – Be active

Once you’ve built your social media presence, it tells you your personal brand name. So, to make it more engaging, you should stay active and keep it to the latest information. Post interesting articles of your own and share good content.

Read also: 4 Necessary Mindset a Graduate Should Have for Future Career

 

4 Necessary Mindset a Graduate Should Have for Future Career

Once your mindset changes, everything on the outside will change along with it” – Steve Maraboli

As the world of work is undergoing a constant revolution, it is important for individuals to consistently change and be flexible with the change. Jeremy Wade, founding director of Jindal Centre for Social Innovation + Entrepreneurship, said that degree and skills will not be enough for graduates to face everyday reality of workforce. Instead, it is the mindset that profoundly shapes your decisions and ability that will help you adapt to change over time. That being said, everyone needs to adopt these four mindsets to prepare for what’s coming.

A growth mindset

George thinks that ability is fixed or integrated. We are born with it and we cannot change our ability even through hard work. This is what we call fixed mindset.

Meanwhile, Andrea thinks that ability can be developed through hard work and effort. This is how growth mindset people think.

Which one is you?

According to Skills You Need, mindset is how we see and achieve our goals. Having different mindset (either fixed of growth) can affect how we react to information. For example, the brain of fixed mindset is most active when they are given information about how well they have done. As a result, they will feel discouraged by setbacks because setback dents their belief in their ability. Then, they tend to be uninterested and finally giving up when facing a failure.

On the other hand, growth mindset brain is most active when they are being told what they could do to improve. As consequences, they will view setback as an opportunity to learn. They tend to try harder to overcome problems they face. Thus, it is important to have a growth mindset rather than fixed mindset as growth mindset can help you achieve “impossible” things in life.

A digital mindset

Technology is no longer a foreign thing. Wade argues that digital will significantly impact and change future jobs and workplace. Hence, if you are looking at future jobs, you should also view in digital way.

“The core to having a digital mindset is to understand data and use it to make better and faster decisions,” said Wade. Eric Schmidt, executive chairman at Alphabet Inc., commented, “I think a basic understanding of data analytics is incredibly important for this next generation of young people. That’s the world you are going into. By data analytics, I mean a basic knowledge of how statistics works, a basic knowledge of how people make conclusions over big data.”

However, digital mindset is not only about data analytics, but also about working effectively in the digital economy. It includes embracing more organised decision making and practising more rapid ways of doing things.

An entrepreneurial mindset

Quantumrun forecasts for 2030 showed that industries will change and adapt rapidly to the new workforce. New industries are also constantly being born that are obsolete the olds. Jonathan Grudin, principal researcher at Microsoft, stated that “people will create jobs of the future, not simply train for them, and technology is already central. It will undoubtedly play a greater role in years ahead.”

Thus, individuals should challenge themselves to take more initiatives. Employers are seeking out those who consistently look for new opportunities, ideas, and strategies to improve. The entrepreneurial mindset is drawn to new opportunities and challenges, risk-taking, and seeing bigger picture. It is foundation of innovation.

A collaborative mindset

A collaborative mindset is about having a self-awareness to work effectively across cultures, said Wade. Complex projects might require continuous communication and consensus building in face of occasional conflict or disagreement. Moreover, many startups are allowing its employee to work remotely. It means you should be able to work collaboratively with people outside geographical boundaries. You might need to establish, build, and maintain trust over time without meeting them in person. While technology might ease your job, working collaboratively requires higher levels of empathy and strategies to find shared understanding.

Read also: 5 Good Reasons Why You Should Let Your Mind Wander at Work

5 Good Reasons Why You Should Let Your Mind Wander at Work

A survey from Monster.com found that two-thirds of working adults spend notable amount of time to daydream about having a different job. While this might seem harmless, dreaming about working in different role could be a sign that many employees are unfulfilled with their current position. Among common reasons of this phenomenon are because they feel underemployed or do not find the jobs challenging anymore. They might also have a toxic workplace or deal with difficult supervisor.

Not only about having new job, many workers also daydream about their current situation or even personal life while in a meeting or during their working hours. Thus, does daydreaming give bad impact to either company or productivity?

Eclipse Technoconsulting cited that “daydreaming might appear to be a waste of time. However, projects which are guided by rich imagination often run into fewer problems.  Even while not looking at anything in particular, daydreamer is granted with an incalculably valuable vision.” Giant company like Google allows its employees to spend up to 20 percent of their time at office daydreaming. Hence, daydreaming might not harm company or workers. It will benefit them, instead.

According to Georgia Institute of Technology study, daydreaming is a sign of cleverness. Eric Schumacher, Georgia Tech associate psychology professor and co-author of the study, said that “people with efficient brains may have too much brain capacity to stop their minds from wandering.” It implies that those who are more frequent daydreaming have higher score on intellectual and creative ability. The findings of the study also revealed that absent-minded individual who is off on his own world, sometimes oblivious to their own surroundings. “School children – for example – who are too intellectually advanced for their classes. While it may take five minutes for their friends to learn something new, they figure it out in a minute then check out and start daydreaming”, added Schumacher.

Moreover, Wellbe survey agreed that daydreaming can add more creativity to individuals who did it. It also helps them visualise a bigger solution by gaining new perspective on problem or linking to previously disjointed thought to come up with an original idea. Needless to say, you can access better and more unique ideas by allowing your mind to disconnect to everyday life or work routine. Another study from LiveScience also found that wandering mind is a stated where you can refocus to your task and be more productive than ever before.

Cristine Dell-Amore shared five fun facts about daydreaming that you probably never heard of:

 

  • As you get older, you daydream less – Daydreaming is about anticipating the future. For example, young you often have “power fantasies” if you become a superhero. And yet – as you get older, the amount of time you spend daydreaming decreases because probably the future shrinks.
  • When you are daydreaming, you will forget what you are doing – The type of daydreaming affects how much you forget current activity. For instance, you are asked to daydream about your childhood home. The further you back in time with your daydreaming, the bigger forgetting effect you’ll feel.
  • Daydreaming turns off other parts of the brain – You have two parts of brain, analytic one and emphatic one. When your mind wander, it naturally cycles through different modes of thinking. During this time, your brain tends to turn each other off.
  • Your brain (not your mind) controls your daydreams – When you daydreaming, your brain naturally fluctuates in certain ways. Thus, it shape the structure of your daydreaming.
  • Daydreaming makes you creative – Many studies have proved that daydreaming can improve creativity. It is because daydreams give you insight of wisdom which oftentimes, gives you solutions to problems that you have not considered before.  

Read also: 7 Top Languages You Should Learn to Face Future Workforce

pexels-photo-1174136

If you talk to a man in a language he understands, that goes to his head. If you talk to him in his language, that goes to his heart.’ – Nelson Mandela

People will understand more when we communicate with them using language they understand, and the same thing goes in terms of business matter. In today’s vast learning world where people are always eager to seek for new knowledge, English remains the first choice in language learning. As English is universally-used in diplomacy, business, and popular culture and spoken by billions of speakers, it becomes “the language of the world”.

However, not only English, there are some other languages you should learn if you want to reach the top of business market. Training Journal mentioned that “speaking more than one language can improve a person’s job prospects, potentially opening up opportunities for roles in global business.” Moreover, being a bi- or multilingual can help you make better decision-making, improve perception, have stronger relationship with others, as well as master the art of multitasking.

Here are 7 top languages that will help you face future workforce.

  • Mandarin Chinese

Mandarin Chinese is the most widely-spoken language in the world with over one billion native speakers. In business, people who speak Mandarin will have huge advantage when you plan to tap into Chinese market. Thus, it will be much easier to develop all-important relationship if you speak Mandarin. As a leading country, China’s importance on diplomacy and trade has also grown exponentially. So, if you are planning to work in Asia, mastering Mandarin Chinese will add an invaluable string to your bow and open up a huge opportunity in career advancement as Mandarin is a language of a business future. Mandarin Chinese might be challenging and difficult language to learn, but it has no verb conjunction of distinction between number or gender. It also has a simple grammatical structures so you do not have to memorise much.

  • French

French is widely spoken as first language in European Union and is official language for 29 countries worldwide. French is among five largest industrial economies in the world, it has strong economy in agriculture to engineering and commerce. Thus, as French is spoken throughout the world and giving big influence in the industry, it becomes obvious that French language has become an integral ingredient of corporate success on an international scale.

  • Spanish

Spanish is the official language of the UN, EU, World Trade Organization, and North American Free Trade Agreement. It also is the third most used language on Internet due to the continuous growth in young and middle aged Spanish-speaking user base. Instituto Cervantes estimated that in 2050, United States will rank at the top, in terms of Spanish speakers, reaching up to 30 percent of its population.  It means learning Spanish is very useful in fields of mass-media and management to communicate especially if you are planning to work or leveraging your business in international scale.

  • Japanese

According to IFR, Japan is the world’s predominant industrial robot manufacturer. Japan is also the third largest national economy in the world after United States and China. Becoming the third largest in economy culture, Japanese language is spoken by more than 128 million native speakers and 128.3 million speakers worldwide. Thus, by learning Japanese, you can boost your professional value. You will also has less competitors when seeking for a job. Don’t forget that Japan is also a leading country providing a wealth of innovative opportunities.

  • German

Inlingua Edinburgh mentioned that German has had a long-standing, prominent role in international business throughout the years. It also is the second largest exporter and has a major role in international business. As Germany has the biggest economy in Europe, skills in German are highly desirable for any company interested in exporting. Therefore, no surprise that employers are more interested in hiring employees with strong German skills. Likewise, German is also widely spoken among Western European population which ensures plenty opportunities is waiting for German speakers.

  • Arabic

In recent years, Arabic language is proven to be a powerful language as Arabic-speaking countries play important major in global economy. United Language Group says that Arabic is currently ranked on Power Language Index (PLI) as the fifth most important language based on several factors such as number of native speakers, economic output, and importance of language in world diplomacy. There are 20 countries which official language is Arabic and there are nearly 300 million native speakers. Although Arabic language is as challenging as Chinese, once you master it, you will get a vast reward both in business and personal life.  

  • Russia

Spoken by more than 260 million people world over, Russian becomes the eighth most spoken language in the world. If you are interested in Russian culture and its hidden treasure, learning its language will be an advantage. Moreover, learning Russian language can also improve your employability. According to Mosa Lingua, Russia is trying to recuperate its position as a geopolitical leader along with the USA, EU, and other powers. Russia country is now a member of G20, BRICS, European Council, United Nations, UNESCO, and World Trade Organization. It means Russian language will be one of diplomacy and trade languages.

Read also: Revising Your Life – How to Navigate Your Career When You’re Lost