The Unlikely Path to Financial Freedom: How One Writer Turned Banker Became Both
For many, the idea of pursuing a creative career and achieving financial stability seem mutually exclusive. Artists and writers are often stereotyped as financially irresponsible, while finance professionals are seen as stable but unfulfilled. However, what if you could have both? Meet Erin Gloria Ryan, a writer and editor who defied convention by starting her career in finance before transitioning to the editorial world.
From Banking to Writing
Erin’s journey began in 2006 when she landed a job at a financial services company, despite having no background in finance. She studied hard, passing the Series 7 Exam and becoming a registered broker. However, she soon realized that the pressure to meet sales targets and manage clients’ money wasn’t for her. After the 2007 market crash, she decided to make a change, eventually landing a job at Merrill Lynch. It was during this time that she discovered her passion for writing, commenting on Jezebel and eventually becoming a contributor.
Taking the Leap
Erin’s transition to writing wasn’t easy. She waited until she had a full-time job offer and a safety net in place before making the jump. She took a calculated risk, knowing that her financial background would serve her well. Although she took a pay cut, she was able to manage her expenses and eventually landed a union writing job that paid well.
The Power of Financial Literacy
Erin credits her financial knowledge with giving her the confidence to take risks and make smart decisions. She emphasizes the importance of investing in oneself, whether through a 401k or other means. Having a financial safety net allowed her to pursue her creative passions without worrying about the consequences. She encourages others to take control of their finances, even if it seems daunting.
Breaking Down Barriers
Erin believes that financial literacy is essential for creatives, who often shy away from discussing money. By understanding basic financial concepts, individuals can make informed decisions about their careers and lives. It’s not about being a financial genius; it’s about taking care of oneself and making smart choices. With determination and a willingness to learn, anyone can achieve financial stability and pursue their passions.
Follow Erin on Twitter to learn more about her journey and insights on finance and creativity.
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