• For individuals
  • For companies

Is finance consumer services a good career path? A short guide.

A solid, no bs career guide to career paths. Find job that fits you!
Get matched

Is finance consumer services a good career path?

Reviews and data show that finance consumer services can be a good career path for individuals who are interested in finance and enjoy working with people. This field involves providing financial advice and services to individuals and families, such as budgeting, investing, and retirement planning. It can be a rewarding career as it allows you to help people achieve their financial goals and improve their financial well-being. Additionally, there is potential for growth and advancement within the industry.

Types of jobs in finance consumer services

There are various types of jobs in finance consumer services, which are primarily focused on providing financial services to individuals and households. One of the most common jobs in this field is that of a financial advisor, who provides guidance and advice to clients on how to manage their finances, invest their money, and plan for their future. Another important job in finance consumer services is that of a loan officer, who helps clients obtain loans for various purposes, such as buying a home or starting a business. Other jobs in this field include credit analysts, who assess the creditworthiness of clients and determine their eligibility for loans or other financial products, and financial planners, who help clients develop long-term financial plans and strategies. Additionally, there are jobs in finance consumer services that focus on specific areas, such as insurance agents, who sell insurance policies to clients, and tax preparers, who help clients prepare and file their tax returns. Overall, the field of finance consumer services offers a wide range of job opportunities for individuals who are interested in helping others manage their finances and achieve their financial goals.

What do jobs in the US and UK pay in finance consumer services

According to Glassdoor, the average salary for a finance consumer services job in the US is around $60,000 per year, while in the UK, it is around £30,000 per year. However, salaries can vary depending on the specific job title, location, and level of experience.

What are the downsides of a career in finance consumer services

A career in finance consumer services can be a lucrative and rewarding one, but it also comes with its downsides. One of the main downsides is the high level of competition in the industry. With so many people vying for the same positions, it can be difficult to stand out and advance in your career. Additionally, the work can be high-pressure and stressful, with long hours and tight deadlines. This can lead to burnout and a poor work-life balance. Another downside is the potential for ethical dilemmas. In the finance industry, there is a lot of pressure to make profits and meet targets, which can sometimes lead to unethical behavior. This can be a difficult moral dilemma for those who value integrity and honesty. Finally, the industry is subject to economic fluctuations and market volatility, which can lead to job insecurity and uncertainty.

What are the fastest growing jobs in finance consumer services

According to the Bureau of Labor Statistics, the fastest growing jobs in finance and consumer services include financial analysts, personal financial advisors, and loan officers.

Your Fit for this job

Discover whether you’re a fit for this and other roles by taking our quick career discovery assessments
Find your Fit
salary-data tests

Salary data

A major reason why job markets are dysfunctional and inefficient is because of the lack of salary transparency in job postings. Knowing salary expectations on the candidate side and the salaries behind job postings would significantly cut down labor market and recruitment friction. That’s why we set out to gather - both based on user generated data and external data sources - the largest salary dataset on remote and hybrid jobs.

Check out our remote job board

Get started

Free Personality tests

All of the following assessment tools explore an individual's personality thoroughly, although the Big5 is the gold standard among personality assessments. And what’s key is that are all available for free here: