Do you think my plan will work ?

Question

Currently i am stuck with a secreterial job ($12/hour ) for the payment for my car and insurance and my 2 credit cards which are in collections . My plan is to use the first few pay checks to start to payy off my credit cards ( clear up my credit soon )

and then pay off my car and insurance amounts. I graduated with a degree in electrical and computer engineering . I am planning to save up enough money so that in 1-2 months I will have enough money saved up and then I will apply for entry level electrical engineering jobs . I think I might have to quit my current job to start going for interviews because if not there will be tension between the employer and me I think .

Also I am working another part-time job just to make ends meet.

I am thinking once i get a job as an entry level electrical engineer , anywhere near by , I can use the saved up money to move to the new place and start my life there.
What do you think ?

Answer 1

sounds great to me with the exeption of quiting the job for interviews -- most companys will interview after work hours on during lunch if you have the skills they require!!!

Answer 2

Sounds like a good plan and that you are on the right track. Thats great you have everything togeather and planned out. The only thing I would recommend would be to have more then 1-2 month of expenses saved as sometimes it might take longer then that to land the job you want. A part time job would help while your searching for a new job in your selected field but you will want 3-5 month of expenses saved.

Answer 3

I give it a thumbs up. Start looking for the new job now, even if you apply and get chosen you can say no if timing is not right. This will also give you a good idea of salary range for postion you seek.As far as paying things off, make realistic goals or you're destined to fall off track.....Good luck!